Complete Detail of CA Inter Syllabus for Nov 2023 exams

CA Inter’s new syllabus for 2023 for the November exam is released by the ICAI. Students can download the syllabus from the official website of ICAI under the BoS portal. The CA Inter syllabus has 08 subjects under Group 1 and Group 2. Before you begin your preparation for CA intermediate exam, you must go through the syllabus to know the topic covered. In this article, you will know about marking schemes and the topic covered. Check all the details below.

About The CA Inter Syllabus

Below we mention the Inter Syllabus for the 2023 exam. Students must be aware of the complete syllabus so that they prepare accordingly and score better in the CA Intermediate Result 2023. 

CA New Scheme

As per the proposed CA New Scheme, there will be 6 subjects instead of 8 for the CA Intermediate exams. A few papers are merged while others have been removed. The CA’s new scheme implementation will take place in May 2024. The subjects are as follows:

Group 1 Subjects:

Group 2 Subjects:

CA Inter Group 1 syllabus-

Group 1 of the CA intermediate level has 04 subjects- accounts, law, tax, and cost management.

Paper 1- Accounting (100 marks)

Paper 2- Corporate Laws and Other Laws (100 marks)

Company Laws- 60 marks

Other Laws- 40 marks

Paper 3- Cost and Management Accounting (100 marks)

Paper 4- Taxation (100 marks)

Income tax law- 60 marks

Indirect taxes- 40 marks

CA Inter Group 2 syllabus-

Group 2 of the CA intermediate level has 04 subjects- advanced accounts, audit, EIS & SM, and FM & EF.

Exam 5- Advanced Accounting (100 marks)

Paper 6- Auditing and Assurance (100 marks)

Paper 7- Enterprise Information & Strategic Management (100 marks)

Enterprise Information Systems- 50 marks

Strategic Management- 50 marks

Paper 8- Financial Management & Economics for Finance (100 marks)

Financial Management- 60 marks

Economics for Finance- 40 marks

CA Inter syllabus 2023 For Paper 1- Accounting

The CA Inter new syllabus 2023 for accounting is divided into 06 parts. Students need to prepare each of them to clear this paper. The objective of the subject is to make students learn how to apply accounting standards and legislation to events and transactions. It helps them prepare and present the business’s final statements.

• Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve-outs.
• Framework for Preparation and Presentation of Financial Statements
• Application of Accounting Standards
• Company accounts
• Accounting for Special Transactions
• Special Type of Accounting

CA Inter syllabus 2023 for Paper 2- Corporate and Other Laws

Part1- Company Law (Section 1 to 148 of the Companies Act 2013)

The objective of paper 2 is to help develop an understanding of company law provisions and skills to address application-oriented issues.

• Preliminary
• Incorporation of Company and Matters Incidental to that
• Prospectus and Allotment of Securities
• Share Capital and Debentures
• Acceptance of Deposits by companies
• Registration of Charges
• Management and Administration
• Declaration and payment of Dividend
• Accounts of Companies
• Audit and Auditors

Part2- Other Laws

This part will help students to understand the provision of legislation and adapt skills to address application-oriented issues. It will also provide an understanding of the interpretation of status rules.

• The Contract Act, 1872
• The Negotiable Instruments Act, 1881
• The General Clauses Act, 1897
• Interpretation of statues

CA Inter syllabus 2023 for Paper 3- Cost and Management Accounting

The CA Inter new syllabus for paper 03 is divided into 02 modules. The objective is to acquire skills in understanding basic concepts for establishing costs associated with product production and service provisions. It will also help to understand cost accounting statements and the ability to apply information for planning, cost ascertainment, and controlling and decision-making.

Module1-

• Introduction to Cost and Management Accounting
• Material Cost
• Employee Cost
• Overheads: Absorption Costing Method
• Activity Based Costing
• Cost Sheet
• Cost Accounting System

Module 2-

• Unit & Batch Costing
• Job Costing and Contract Costing
• Process & Operation Costing
• Joint Products & By Products
• Service Costing
• Standard Costing
• Marginal Costing
• Budget and Budgetary Control

CA Inter syllabus 2023 for Paper 4- Taxation

Paper 4 is divided into 02 parts- Income Tax law and Indirect Taxes. The objective is to provide an understanding of Income Tax law and GST law.

Paper 4A- Income Tax Law

• Basic Concepts
• Residence and Scope of Total Income
• Incomes which do not form part of Total Income
• Heads of Income
• Income of Other Persons included in Assessee’s Total Income
• Aggregation of Income, Set-off and Carry Forward of Losses
• Deductions from Gross Total Income
• Computation of Total Income and Tax Payable
• Advance Tax, Tax Deduction and Introduction to Tax Collection at Source
• Provisions for filing Return of Income and Self-assessment

Paper 4B- Indirect Taxes

• GST in India – An Introduction
• Supply under GST
• Charge of GST
• Exemptions from GST
• Time and Value of Supply
• Input Tax Credit
• Registration
• Tax Invoice: Credit and Debit Notes; E-way Bill
• Payment of Tax
• Returns

CA Inter syllabus 2023 for Paper 5- Advanced Accounting

The objective of paper 5 is to provide the ability for the application of specific accounting standards and legislations to various events and transactions. It will also provide an understanding of financial reporting and banking companies, and NBFC regulations.

• Application of Accounting Standards
• Partnership Accounts
• Accounting for Employee Stock Option Plans
• Buyback of Securities and Equity Shares with Differential Rights
• Amalgamation of Companies
• Internal Reconstruction
• Liquidation of Companies
• Banking Companies
• Non-Banking Financial Companies
• Consolidated Financial Statements
• Accounting Standards

CA Inter syllabus 2023 for Paper 6- Auditing and Assurance

The objective of paper 6 is to provide an understanding of auditing concepts, general auditing procedures, techniques, skills, and skills to apply in attestation and audit.

• Nature, Objective and Scope of Audit
• Audit Strategy, Audit Planning and Audit Programme
• Audit Documentation and Audit Evidence
• Risk Assessment and Internal Control
• Fraud and Responsibilities of the Auditor in this Regard
• Audit in an Automated Environment
• Audit Sampling
• Analytical Procedures
• Audit of Items of Financial Statements
• The Company Audit
• Audit Report
• Audit of Banks
• Audit of Different Types of Entities

CA Inter syllabus 2023 for Paper 7- Enterprise Information Systems & Strategic Management

Paper7A- Enterprise Information Systems

To provide an understanding of information system and how it impacts business world processes across the world, their risks and control.

• Automated Business Processes
• Financial and Accounting Systems
• Information Systems and its Components
• E-commerce, M-commerce, and Emerging Technologies
• Core Banking Systems

Paper 7B- Strategic Management

To provide strategic management concepts and techniques and how to apply them in business.

• Introduction to Strategic Management
• Dynamics of Competitive Strategy
• Strategy Management Process
• Corporate Level Strategies
• Business Level Strategies
• Functional Level Strategies
• Organization and Strategic Leadership
• Strategy Implementation and Control

CA Inter syllabus 2023 for Paper 8- Financial Management & Economics for Finance

Paper 8A- Financial Management

It will provide an understanding of various aspects of financial management and where to apply it in decision-making.

• Scope and Objectives of Financial Management
• Types of Financing
• Financial Analysis and Planning – Ratio Analysis
• Cost of Capital
• Financing Decisions – Capital Structure
• Financing Decisions – Leverages
• Investment Decisions
• Risk Analysis in Capital Budgeting
• Dividend Decisions
• Management of Working Capital

Paper 8B- Economics for Finance

• Determination of National Income
• Public Finance
• The Money Market
• International Trade

Conclusion

Understanding the CA Inter syllabus will help you plan better for your preparation and also improves your chances of scoring better. Have the Inter syllabus by your side when preparing and try to cover the entire syllabus to score better.

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