You can find all the information about the May 2023 CA Intermediate Syllabus and the Topic of the CA Intermediate Exams in this post. For students who are qualified to take the advanced CA Intermediate examination, all of these modifications are applicable. The second step on the path to becoming a chartered accountant is CA Intermediate. According to the CA Intermediate Syllabus 2023, ICAI will administer eight papers in two sets of four courses each. A candidate has the option of taking one group exam or taking both groups simultaneously. When preparing for the CA Intermediate Test 2023, a CA Intermediate aspirant first goes over the CA Intermediate Syllabus & Topics. Be at ease; we have given all the most recent information regarding the ICAI CA Intermediate Syllabus 2023 and CA Intermediate Subjects below.
CA Intermediate Syllabus 2023
Paper 1 – Accounting
The six chapters that make up the CA intermediate accounting syllabus are as follows. Students must read every chapter to be prepared for the CA intermediate examinations in 2023.
| Chapter | Chapter Names |
| 1 | Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve-outs. |
| 2 | Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards). |
| 3 | Applications of Accounting Standards |
| 4 | Company Accounts |
| 5 | Accounting for Special Transactions |
| 6 | Special Type of Accounting |
How to Study Accounts for CA Intermediate?
ICAI’s Study Material
The ICAI Study Material should be your first choice whether you are taking coaching or studying independently. No matter what anyone says, the best book for the CA course is ICAI’s Study Material.
You should read up on every subject that is covered in the CA Inter account study materials. It is important to read each concept and its illustrations in full.
Concept Register
To keep track of the concepts you are learning in your language and their explanations, create a separate concept register. This registration will be very useful to you while you study.
Practice
Try to address as many questions as you can for each idea. For this, you can refer to any book, including the one produced by your coaching institute. Write your mistakes in a notepad.
Do Smart Study
- When you learn more about each topic, mark the questions that address it, and then write the solutions in the book next to the question. This can be useful while revising. Such inquiries allow you to concentrate on the points they make.
- Determine related questions. This can help you avoid wasting time, as it takes time to answer questions that are similar.
- daily reading.
- Every time you respond to a particular question, set a time restriction. This will cause you to accelerate. When you are studying, set a timer for a particular question. For example, 14.4 minutes (8*1.8) should be the maximum time given for answering a question with an 8-mark weighting.
- Create daily objectives. Objectives should be attainable.
- Follow any updates that the ICAI and RTP provide to their websites.
How To Prepare Accounts for exams?
One of the most important components of exam preparation is creating a solid plan. Make a plan for revision in writing. Decide how many days you want to finish the subject in order to achieve your objective. During 20 days, the initial revision should be accomplished. During the first revision, go through each concept and all of the questions that surround it. Focus on your presentation and treat the questions as though they were on an exam.
After one revision, you’ve already remembered your curriculum. Fix the RTPs that the ICAI issued for the current and prior attempts. Search for and focus on your problems. Respond to the inquiries from prior attempts. On the second rewrite, pay particular attention to your weak points. You are not necessary to answer each question. Your major focus should be on the topics and multiple-choice questions that you find difficult, but don’t forget to go over the foundational concepts as well. It must be completed in ten days or less. Use appropriate exam strategies to respond to at least two practice test questions. This can help you gain self-assurance and get over your exam anxieties. You will get knowledge regarding the problems you run across when writing a paper. You are welcome to take part in the Mock Test Papers offered by the regional organizations of the ICAI.
Paper Pattern
Let’s focus on the paper pattern after we’ve finished our preparation. The test consists of six questions. The first question is required, while the remaining four questions must be answered by the examinees. Each question has 20 marks in total.
How To Attempt Accounts Exam?
These are a few guidelines that will assist you in taking your exam and making it look better:
- Make the most of the first 15 minutes of reading. Plan your approach. Choose which of the optional questions to answer.
- Start by answering the questions that you are most familiar with. It will leave the examiner with a positive impression.
- Put some effort into how you write your paper.
- Let’s go on to concerns with accounting standards. Try them properly. Create concise paragraphs. (The applicable Accounting Standard should be introduced in the first paragraph. Now, a description of the relevant notion should be included in the next paragraph. Then, connect the relevant provision to the prompt, and in the final paragraph, draw a conclusion.)
- Start your responses on a new page.
- A question’s component components should all be answered in order.
These were the key ideas that will enable you to excel in accounting. These suggestions will be of great assistance to you in your tests if you use them. Please feel free to ask any questions you may have.
