ICAI CA Syllabus 2023: Download Latest Syllabus for CA Foundation, Intermediate and Final Courses

Institute of Chartered Accountants of India Exam 2023 ( ICAI Exam )

115.6K Views191 Comments

Exam On: 30 Dec '23

Vipra Shrivastava

Vipra ShrivastavaSenior Manager - Content

Updated on Nov 20, 2023 15:23 IST

ICAI CA syllabus is prescribed by the Institute of Chartered Accountants of India (ICAI). The CA syllabus 2023 includes all topics related to taxation, auditing and busines law.

The CA course comprises three levels - CA Foundation, CA Intermediate and CA Final. Candidates who wish to pursue the ICAI CA course have to clear the examinations of all the three levels to get the professional certification. The syllabus of CA Foundation is easiest and the syllabus of CA Final is the toughest. In this article, you will read all about CA Foundation syllabus, CA Intermediate syllabus and CA Final syllabus. 

Q:   Who prescribes CA syllabus?

Q:   How many papers are there in each level of CA course?

Q:   Is there any change in the CA syllabus 2023?

ICAI CA Syllabus and Course Highlights

  • Candidates have to complete the CA syllabus for each course within a given time frame to be eligible to appear for the exam.
  • The ICAI CA exams for Foundation, Intermediate and Final courses are conducted twice a year in May-June and November-December.
  • Candidates can register for the CA exam as per their eligibility and course level.
  • Candidates cannot move to the next level of the course until they clear their first course level.
  • Candidates can move to the next level of the CA course only after they have scored passing marks or more in all the papers of the current level with 50 per cent marks in aggregate (40 per cent in each paper).
  • Those who decide to pursue CA course after graduation can take direct admission in to CA Intermediate course.

Here we have shared ICAI CA syllabus 2023 highlights of all the three levels: 

ICAI CA Exams

Details

Exam Name

Chartered Accountancy (CA) exam

Exam Conducting body

ICAI

Exam Mode

Computer based test mode

Exam Levels

  • CA Foundation
  • CA Intermediate
  • CA Final

Number of papers 

  • CA Foundation: 4 
  • CA Intermediate: 8
  • CA Final: 8

Frequency

Twice in a year:

  • May
  • November

Level of Difficulty

Moderate to tough

Number of attempts

Multiple

Study Guidelines for November 2023 Examinations

The ICAI has announced some inclusions and exclusions in the subjects of CA Foundation, Intermediate and Final courses. Check the below PDFs for the changes in CA syllabus and prepare accordingly. 

ICAI CA Syllabus Foundation Nov 2023

ICAI CA Syllabus Intemediate Nov 2023

ICAI CA Syllabus Final Nov 2023

Q:   How can I prepare for CA?

Q:   Which Foundation course do I need to pursue for CA?

Q:   How to become CA. Which course can I pursue?

CA Foundation Syllabus 2023

The CA Foundation course is divided into four parts. Given below are the topics covered in each of the four papers of the CA Foundation syllabus. Candidates have to master these topics through their course period to crack the exam. 

CA Foundation Paper 1: Principles and Practice of Accounting

The CA Foundation paper 1 has 10 chapters divided in two modules. Check the chapter names below:

CA Foundation Module-1

CA Foundation Module-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

CA Foundation Paper-2: Business Laws and Business Correspondence and Reporting

The CA Foundation paper has 2 sections. Section 1 has 5 paper and section 2 has 13 papers. Check the chapter names below. These chapters have to be covered in a given time limit to be able to appear for the Foundation exam.

Paper 1 Sec A: Business Laws

Paper 2 Sec 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

CA Foundation Paper-3: Business Mathematics, Logical Reasoning and Statistics

The CA Foundation paper 3 has three parts. Part 1 has 8 chapters, part 2 has 5 chapters and part 3 has 6 chapters. Check the chapter names below:

Part A: Business Mathematics

Part B: Logical Reasoning

Part-C: Statistics

Chapter 1: Ratio and Proportion, Indices, Logarithms

Chapter 9: Number Series, Coding and Decoding and Odd Man Out

Chapter 14: Statistical Description of Data

Chapter 2: Equations and Matrices

Chapter 10: Direction Tests

Chapter 15: Measures of Central Tendency and Dispersion

Chapter 3: Linear Inequalities

Chapter 11: Seating Arrangements

Chapter 16 : Probability

Chapter 4: Time Value of Money

Chapter 12: Blood Relations

Chapter 17: Theoretical Distributions

Chapter 5: Basic Concepts of Permutations and Combinations

Chapter 13: Syllogism

Chapter 18: Correlation And Regression

Chapter 6: Sequence and Series - Arithmetic and Geometric Progressions

Chapter 19: Index Number and Time Series

Chapter 7: Sets, Functions and Relations

Chapter 8: Basic Concepts of Differential and Integral Calculus

CA Foundation Paper-4: Business Economics and Business and Commercial Knowledge

The CA Foundation paper 4 has two parts. Part 1 has 5 chapters and Part 2 has 6 chapters. Check the chapter names below:

Part I: 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: Organizations Facilitating Business

Chapter 6: Common Business Terminologies

Q:   What are the books for the ICAI CA exam?

Q:   How can I prepare for CA Foundation?

Q:   What is the syllabus of ICAI CA Foundation course?

CA Intermediate Syllabus 2023

The CA Intermediate course has 2 groups and 8 papers pertaining to accounting, auditing, business law, taxation, etc. Check the table below for CA Intermediate syllabus:

Syllabus for CA Intermediate Course

Group I

Group II

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

Q:   How can I prepare for CA Intermediate?

Q:   What is the syllabus of ICAI CA Intermediate course?

ICAI CA Final Syllabus 2023

Given below is the syllabus of ICAI CA Final course. The CA Final syllabus largely includes topics on tax and financial management. There are 8 papers in CA Final course and Paper 6 has 6 parts.

CA Final Paper 1

CA Final Paper 1 - Financial Reporting has 7 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 1: Financial Reporting

  • Framework for Preparation and Presentation of Financial Statements
  • Analysis of Financial Statements
  • Application of Indian Accounting Standards (Ind AS)
  • Integrated Reporting
  • Indian Accounting Standards on Group Accounting
  • Corporate Social Responsibility Reporting
  • Accounting and Reporting of Financial Instruments (as per Ind AS)

CA Final Paper 2

CA Final Paper 2 - Strategic Financial Management has 14 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 2: Strategic Financial Management

  • Financial Policy and Corporate Strategy
  • Portfolio Management
  • Risk Management
  • Securitization
  • Security Analysis
  • Mutual Fund
  • Security Valuation
  • Derivatives Analysis and Valuation
  • Foreign Exchange Exposure and Risk Management
  • International Financial Management
  • Interest Rate Risk Management
  • Corporate Valuation
  • Mergers, Acquisitions and Corporate Restructuring
  • Startup Finance

CA Final Paper 3

CA Final Paper 3 - Advanced Auditing and Professional Ethics has 16 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 3: Advanced Auditing and Professional Ethics

  • Auditing Standards, Statements and Guidance Notes
  • Special features of audit of Banks, Insurance & Non Banking Financial Companies
  • Audit Planning, Strategy and Execution
  • Audit under Fiscal Laws
  • Risk Assessment and Internal Control
  • Audit of Public Sector Undertakings
  • Special aspects of Auditing in an Automated Environment
  • Liabilities of Auditors
  • Audit of Limited Companies
  • Internal Audit, Management and Operational Audit
  • Audit Reports
  • Due Diligence, Investigation and Forensic Audit
  • Audit Committee and Corporate Governance
  • Peer Review and Quality Review
  • Audit of Consolidated Financial Statements
  • Professional Ethics

CA Final Paper 4

CA Final Paper 4 - Corporate and Economic Law has 2 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 4: Corporate and Economic Laws

  • Company Law
  • Securities Laws

CA Final Paper 5

CA Final Paper 5 - Strategic Cost Management and Performance Evaluation has 4 parts. Check below the topics included in the syllabus of this paper. 

CA Final Paper 5: Strategic Cost Management and Performance Evaluation

Part A: Strategic Cost Management and Decision Making

Part A: Strategic Decision Making

  • Strategic Cost Management
  • Decision Making
  • Cost Management Techniques
  • Pricing Strategies/ Decisions

 

  • Cost Management for Specific Sectors

Part B: Performance Evaluation and Control

Part B: Managerial Control

  • Performance Measurement and Evaluation
  • Budgetary Control
  • Divisional Transfer Pricing
  • Standard Costing
  • Strategic Analysis of Operating Income
  • Case Study

CA Final Paper 6 A

CA Final Paper 6A - Risk Management has 9 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 6 A: Risk Management

  • Introduction to Risk
  • Credit Risk Measurement and Management
  • Source and Evaluation of Risks
  • Risk Associated with Corporate Governance
  • Risk Management
  • Enterprise Risk Management
  • Evaluation of Risk Management Strategies
  • Operational Risk Management
  • Risk Model

CA Final Paper 6 B

CA Final Paper 6 B - Financial Services and Capital Markets has 18 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 6 B: Financial Services and Capital Markets

  • Global Financial Markets
  • Global Financial Markets
  • Impact of Various Policies of Financial Markets
  • Impact of Various Policies of Financial Markets
  • Capital Market - Primary
  • Capital Market - Primary
  • Capital Market - Secondary
  • Capital Market - Secondary
  • Money Market
  • Money Market
  • Institutions and Intermediaries
  • Institutions and Intermediaries
  • Commodity Market
  • Commodity Market
  • Banking as source of Capital including NBFCs
  • Banking as source of Capital including NBFCs
  • Mutual Funds
  • Mutual Funds

CA Final Paper 6 C

CA Final Paper 6 C - International Taxation has 9 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 6 C: International Taxation

  • Part I- Taxation of International Transactions and Non-resident Taxation in India
  • Part II - Other Aspects of International Taxation
  • Transfer Pricing Provisions Under the Income-Tax Act, 1961
  • Overview of Model Tax Conventions
  • Other Provisions Relating to Taxation of International Transactions and Non-Resident Taxation Under the Income-Tax Act, 1961
  • Tax Treaties, Application and Interpretation
  • Law and Procedures Under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 – An Overview.
  • Anti Avoidance Measures
  • Taxation of E-Commerce Transactions

CA Final Paper 6 D

CA Final Paper 6 D - Economic Laws has 7 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 6 D: Economic Laws

  • World Trade Organization (WTO) covering its Role, Principles, Functions and Dispute Settlement Mechanism
  • Prevention of Money Laundering Act, 2002 and Rules/ Regulations
  • Competition Act, 2002 and Rules/ Regulations
  • Foreign Exchange Management Act, 1999 and Rules/ Regulations
  • Real Estate (Regulation and Development) Act, 2016 [Central Act and Rules/ Regulations]
  • Prohibition of Benami Property Transactions Act, 1988 and Rules/ Regulations
  • Insolvency and Bankruptcy Code, 2016 and Rules/ Regulations

CA Final Paper 6 E

CA Final Paper 6 E - Global Financial Reporting Standards has 3 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 6 E: Global Financial Reporting Standards

  • Conceptual Framework for Financial Reporting as per IFRS
  • Application of International Financial Reporting Standards
  • Significant Differences Between IFRS and US GAAPs

CA Final Paper 6 F

CA Final Paper 6 F - Global Financial Reporting Standards has 7 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 6 F: Multidisciplinary Case Study

  • Financial Accounting and Reporting
  • Management Accounting
  • Audit and Assurance
  • Corporate Laws
  • Taxation
  • Business Strategy and Management
  • Finance and Financial Management

CA Final Paper 7

CA Final Paper 7 - Direct Tax Laws and International Taxation has 2 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper – 7 : Direct Tax Laws and International Taxation

  • Part I : Direct Tax Laws
  • Part II: International Taxation

CA Final Paper 8

CA Final Paper 8 - Indirect Tax Laws has 2 topics. Check below the topics included in the syllabus of this paper. 

CA Final Paper 8 : Indirect Tax Laws

  • Part-I: Goods and Services Tax
  • Part-II: Customs & FTP

Q:   How can I prepare for CA Final?

Q:   What is the syllabus of ICAI CA Final course?

Best Books for CA Courses

  • CA Foundation Books for Paper 1- Principles and practice of Accounting by PC Tulsian and Bharat Tulsian.
  • CA Foundation Books for Paper 2- Business laws and business correspondence and reporting by PC Tulsian, Tushar Tulsian and Bharat Tulsian
  • CA Foundation Books for Paper 3- Business mathematics, statistics and logical reasoning by Kailash Thakur
  • CA Foundation Books for Paper 4- Business Economics and Business and commercial knowledge by Bharat Tulsian. P.C Tulsian
  • CA Foundation scanner cum compiler by Dr S.K Agarwal, CA Manmeet Kaur
  • Fundamentals of Accounting  by Grewal's Accountancy
  • Fundamentals of Accounting PC Tulsian and Bharat Tulsian
  • Mercantile Law by MC Kucchal, Vivek Kucchal
  • Mercantile law study Material by ICAI
  • General Economics by PM Salwan, Pranjal B Deshpande
  • General Economics by SK Agrawal
  • General Economics by ICAI
  • Quantitative Aptitude by Dr T Padma and KCP Rao

Read More:

FAQs on ICAI CA Syllabus

Check here Frequently Asked Questions (FAQs) related to ICAI CA Exam Syllabus:

Q:   How can I prepare for CA Final?

Q:   What is the timings of CA exams?

Q:   What is the passing mark in CA courses?

Q:   Can I pursue CA after graduation?

Q:   I have 88% in my HSC boards and I am going for CA with BAF. Can you suggest some colleges having least attendance issue in Mumbai?

Q:   What is Professional Competence Course or PCC in CA?

Q:   What is Integrated Professional Competence Course or IPCC in CA?

Get prep tips, practice papers, exam details and important updates

Download Important Dates for Accounting & Commerce Exams
qna

ICAI Exam Exam

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered a month ago

In India, only one institute has the authority to conduct CA exams i.e ICAI (The Institute of Chartered Accountants of India). You can register for the exam through their official website. 

A

Avinash Kumar

Answered a month ago

The fees for CA Final course (New and Old Schemes) is INR 1,800 for single group and INR 3,300 for both groups. Candidates have to pay the fee at the time of online form submission. Candidates must submit the fee and application form before the deadline otherwise they will have to pay an additional

...more

5712995
Vipra Shrivastava

Answered a month ago

The fees for CA Intermediate/ Intermediate (IPC) (Old and New Schemes) is INR 1,500 for single group and INR 2,700 for both groups, to be paid at the time of form submission. Candidates must pay the fee before deadline of form submission to avoid penalty of late fee (INR 600). The fee is non-refunda

...more

5712995
Vipra Shrivastava

Answered a month ago

The fees for registration of CA Foundation course is INR 9,000 for single group and the exam fee is INR 1500. Candidates have to pay the CA exam fee at the time of form submission. They must do so before the deadline set for the CA Foundation exam of a particular phase to avoid penalty of late fee o

...more

5712995
Vipra Shrivastava

Answered a month ago

Yes, in case you have created login from November / December 2016 CA exam onwards, you don’t need to recreate the login even if you have converted to New Course. You can log in with your credentials and avail the services offered by the ICAI.

In fact, once you have created a login ID for the CA cours

...more

5712995
Vipra Shrivastava

Answered a month ago

Yes, candidates can fill the CA form partly before and complete it later but they must ensure to complete the form filling and submission process before the last date so that their application is accepted. The ICAI provides late fee submission facility to candidates for a week, however candidates sh

...more

5712995
Vipra Shrivastava

Answered a month ago

The application form submission mode for CA exams is online. Candidates have to fill and submit ICAI CA exam forms on the official website of the exam agency only. The ICAI does not host the exam form at any other website. Candidates must avoid filling the exam form through any other means or platfo

...more

5712995
Vipra Shrivastava

Answered a month ago

If you’ve forgotten your login password for ICAI account, you don’t need to worry. You can recover/change it by using the forgot password feature available on the login page. To recover your password or create a new password for ICAI login, you can go to the login option on the homepage of official

...more

5712995
Vipra Shrivastava

Answered a month ago

After completing CA Final course, students can start independent practice or join an auditing firm as chartered accountant or analyst. If they join an auditing firm or a company, then they can seek full-time employment. Top job options for certified CAs are Finance Manager, Tax Manager, Certified Pu

...more

5712995
Vipra Shrivastava

Answered a month ago

If a candidate is unable to clear the CA Final course exam in the first attempt, they can reappear. The initial registration for Final Course is valid for five years, which means each candidate gets 10 attempts. After five years, they can register again for the next five years. The certificate to pr

...more

5712995
Vipra Shrivastava

Upcoming Accounting & Commerce Exam Dates

Dec '23: CMA Foundation December 2023 Admit Card Issuance
16 Oct '23 - 15 Dec '23: CSEET 2024 Registration- January Session
28 Dec '23: CFA 2024 Level I May: Deadline to Register with Invoice Payment Option
21 Dec '23 - 29 Dec '23: ICSI CS December 2023 Executive Exam
27 Nov '23 - 30 Jun '24: CGC Josh 2024 Registration Stage 1

We use cookies to improve your experience. By continuing to browse the site, you agree to our Privacy Policy and Cookie Policy.