Introduction
Get an overview of the complete CA syllabus 2023 and know more about the modalities of the CA exam syllabus. The CA exams are widely known for their difficulty level. Aspirants get intimidated by just looking at the CA syllabus. But if the students give a closer look into the whole CA syllabus, he/she will understand that it is actually the preparation that matters. The CA syllabus mostly revolves around what we studied in school life. Understanding the basics and getting guidance from the best educators in CA online or offline classes is the key to becoming a successful chartered accountant.
ICAI is the conducting body of CA exams and it is the one who sets the updated curriculum of CA exam subjects and syllabus as well. Scroll further to have a detailed understanding of the CA syllabus 2023.
CA Syllabus 2023
Highlights of the CA exam syllabus
| Particulars of the CA Syllabus | Details of the CA Syllabus |
| Name of the Exam | Chartered Accountancy Exam |
| Conducting body | ICAI |
| Mode of Examination | CBT(Computer based test) Mode |
| Levels of Examination | -CA Foundation
-CA Intermediate -CA Final |
| Total number of Papers | -CA Foundation -4
-CA Intermediate-8 -CA Final-8 |
| Exam Frequency | Twice in an academic year |
| Attempts allowed | Multiple attempts- no such restrictions |
| Course Duration | 5 years |
CA Foundation Syllabus 2023
Paper 1- Principles and Practice of Accounting
| Part 1 | Part 2 |
| Chapter 1- Theoretical Framework | Chapter 7-Preparation of Final Accounts of Sole Proprietors |
| Chapter 2-Accounting Process | Chapter 8- Partnership Accounts |
| Chapter 3- Bank Reconciliation Statement | Chapter 9- Financial Statements of Not-for-Profit Organizations |
| Chapter 4- Inventories | Chapter 10- Company Accounts |
| Chapter 5- Concept and Accounting of Depreciation | |
| Chapter 6-Accounting for Special Transactions |
Paper 2- Business Laws and Business Correspondence and Reporting
| Section A(Business Laws) | Section B( Business Correspondence and Reporting) |
| Chapter 1- The Indian Contract Act, 1872 | Chapter 1- Communication |
| Chapter 2- The Sale of Goods Act,1930 | Chapter 2- Sentence Types and Direct- Indirect, Active-Passive Speech |
| Chapter 3- The Indian Partnership Act, 1932 | Chapter 3- Vocabulary |
| Chapter 4- The Limited Liability Partnership Act,2008 | Chapter 4- Comprehension Passages |
| Chapter 5- The Companies Act, 2013 | Chapter 5 – Note Making |
| Chapter 6- Introduction to Basics of Writing | |
| Chapter 7- Precis Writing | |
| Chapter 8- Article Writing | |
| Chapter 9- Report Writing | |
| Chapter 10- Writing Formal Letters and Official Communication | |
| Chapter 11-Writing Formal Mails | |
| Chapter 12- Resume Writing | |
| Chapter 13- Meetings |
Paper 3- Business Mathematics, Logical Reasoning and Statistics
Part A (Business Mathematics):
- Ratio and Proportion, Indices, Logarithms
- Equations and Matrices
- Linear Inequalities
- Time Value of Money
- Basic concepts of Permutations and Combinations
- Sequence and Series- Arithmetic and Geometric Progressions
- Sets,Functions and Relations
- Basic Concepts of Differential and Integral Calculus
Part B (Logical Reasoning):
- Number Series, Coding and Decoding and Odd Man Out
- Direction Tests
- Seating Arrangements
- Blood Relations
- Syllogism
Part C (Statistics):
- Statistical Description of Data
- Measures of Central Tendency and Dispersion
- Probability
- Theoretical Distributions
- Correlation and Regression
- Index Number and Time Series
Paper 4- Business Economics and Business and Commercial Knowledge
| Part 1( Business Economics) | Part 2( Business and Commercial Knowledge) |
| Chapter 1- Nature & Scope of Business Economics | Chapter 1- Business and Commercial Knowledge- An Introduction |
| Chapter 2- Theory of Demand and Supply | Chapter 2- Business Environment |
| Chapter 3- Theory of Production and Cost | Chapter 3- Business Organizations |
| Chapter 4- Meaning and Types of Markets | Chapter 4- Government Policies for Business Growth |
| Chapter 5- Business Cycles | Chapter 5- Organization Facilitating Business |
| Chapter 6- Common Business Terminologies |
CA Inter Syllabus 2023
| Group- 1 | Group- 2 |
| Paper 1- Accounting | Paper 5- Advanced Accounting |
| Paper 2- Business, Laws, Ethics and Communication | Paper 6- Auditing and Assurance |
| Paper 3- Cost Accounting and Financial Management | Paper 7- Information Technology and Strategic Management |
| Paper 4- Taxation | Paper 8- Financial Management and Economics for Finance |
CA Final Syllabus 2023
Paper 1- Financial Reporting
Topics that come under the first paper:
- Framework for Preparation and presentation of Financial Statements
- Application of Indian Accounting Standards
- Indian Accounting Standards on Group Accounting
- Accounting and Reporting of Financial Instruments
- Analysis of Financial Statements
- Integrated Reporting
- Corporate Social Responsibility Reporting
Paper 2 (Strategic Financial Management)
Topics that come under the second paper include:
- Financial Policy and Corporate Strategy
- Risk Management
- Security Analysis
- Security Valuation
- Foreign Exchange Exposure and Risk Management
- Interest Rate Risk Management
- Mergers, Acquisitions and Corporate Restructuring
- Portfolio Management
- Securitization
- Mutual Fund
- Derivatives Analysis and Valuation
- International Financial Management
- Corporate Valuation
- Startup Finance
Paper 3(Advanced Auditing and Professional Ethics)
Topics included in the third paper of CA Final Syllabus:
- Auditing Standards, Statements and Guidance Notes
- Audit Planning, Strategy and Execution
- Risk Assessment and Internal Control
- Special aspects of Auditing in an Automated Environment
- Audit of Limited Companies
- Audit Reports
- Audit Committee and Corporate Governance
- Audit of Consolidated Financial Statements
- Special features of audit of Banks, Insurance & Non Banking Financial Companies
- Audit under Fiscal Laws
- Audit of Public Sector Undertakings
- Liabilities of Auditors
- Internal Audit, Management and Operational Audit
- Due Diligence, Investigation and Forensic Audit
- Peer Review and Quality Review
- Professional Ethics
Paper 4(Corporate and Economic Laws)
Topics included in the fourth paper of CA Final Syllabus:
- Company Law
- Security Laws/Economic Laws
Paper 5(Strategic Cost Management and Performance Evaluation)
Topics included in the fifth paper of CA Final Syllabus:
| PART A( Strategic Cost Management and Strategic Decision Making) | PART B(Performance Evaluation and Managerial Control) |
| Strategic Cost Management | Performance Measurement and Evaluation |
| Cost Management Techniques | Divisional Transfer Pricing |
| Cost Management for Specific Sectors | Strategic Analysis of Operating Income |
| Decision Making | Budgetary Control |
| Pricing Strategies/ Decision making strategies | Standard Costing |
| Case Study |
Paper 6
Topics included in the sixth paper of CA Final Syllabus:
| Paper 6A- (Risk Management) | Paper 6B- (Financial Services and Capital Markets) | Paper 6C- (International Taxation)
Part 1 |
| Introduction to risk | Global Financial Markets | Taxation of International Transactions and Non-resident Taxation in India |
| Source and evaluation of risks | Impacts of various Policies of Financial Markets | Transfer Pricing provisions under the Income Tax Act,1961 |
| Risk Management | Impact of various Policies of Financial Markets | Other provisions relating to taxation of international transactions ad non-resident taxation under the income-tax Act, 1961 |
| Evaluation of Risk Management Strategies | Capital Market-Primary | Law and Procedures under the Black Money and Imposition of Tax Act, 2015- An Overview |
| Risk model | Capital Market- Secondary | Part 2 |
| Other aspects of International Taxation | ||
| Credit risk measurement and management | Money Market | Overview of Model Tax Conventions |
| Risk associated with corporate governance | Institutions and Intermediaries | Tax treaties, Application and Interpretation |
| Enterprise Risk Management | Commodity Market | Anti Avoidance Measures |
| Operational Risk Management | Banking as source of Capital including NBFCs | Taxation of E-commerce Transactions |
| Mutual Funds |
| Paper 6D-
(Economic Laws) |
Paper 6E- (Global Financial Reporting Standards) | Paper 6F- (Multidisciplinary Case Study) |
| World Trade Organization covering its Role,Principles, Functions and Dispute Settlement Mechanism | Conceptual Framework for Financial Reporting as per IFRS | Management Accounting |
| Competition Act, 2002 | Significant differences between IFRS and US GAAPs | Corporate Laws |
| Real Estate Act, 2016 | Application of International Financial Reporting Standards | Business Strategy and Management |
| Insolvency and Bankruptcy Code, 2016 | ||
| Prevention of Money Laundering Act, 2002 | ||
| Foreign Exchange Management Act, 1999 | ||
| Prohibition of Benami Property Transactions Act, 1998 |
Paper 7( Direct Tax Laws and International Taxation)
Topics included in the seventh paper of CA Final Syllabus:
Part 1: Direct Tax Laws
Part 2: International Taxation
Paper 8(Indirect Tax Laws)
Topics included in the eighth paper of CA Final Syllabus:
Part 1: Goods and Services Tax
Part 2: Customs & FTP
Conclusion
The main aim of the CA syllabus is to provide a basic understanding of various provisions of different laws, logical concepts and apply this knowledge to practical case scenarios. Students aspiring to build a career in the field of CA should make sure to first understand these concepts and take help of best quality study materials to start their preparations.
Students can get guaranteed best quality study materials at the best possible pricing from Lecture Kharido.
Frequently Asked Questions
There are a total of three levels in the CA exam, i.e- CA Foundation, CA Intermediate and CA Final.
The CA Foundation syllabus includes Principles and Practice of Accounting, Business Laws & Correspondence and Reporting, Mathematics, Logical Reasoning and Statistics and Business Economics and Commercial Knowledge.
The CA Intermediate syllabus consists of Accounting, Business Laws, Ethics and Communication, Cost Accounting and Financial Management, Taxation, Advanced Accounting, Auditing and Assurance, Information Technology and Strategic Management and Financial Management, and Economics for Finance.
The CA Final syllabus consists of Financial Reporting, Strategic Financial Management, Advanced Auditing, and Professional Ethics, Corporate and Economic Laws, Strategic Cost Management and Performance Evaluation, Risk Management, Financial Services and Capital Markets, International Taxation, Economic Laws, Global Financial Reporting Standards, Multidisciplinary Case Study, Direct Tax Laws, and International Taxation and Indirect Tax Laws.
Usually, students find it hard to complete the CA syllabus on time. But it is not entirely impossible to crack the CA Foundation exam in the first attempt. Students can get help from the study materials provided by Lecture Kharido.
Except for the fact that students should be aware of the latest amendments, the CA syllabus 2023 has not changed.