ICAI CA Syllabus 2022: Download Latest Syllabus for CA Foundation, Intermediate and Final Courses

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Results On: 10 Aug '22

Vipra ShrivastavaSenior Manager - Content

Updated on Jun 15, 2022 11:28 IST

CA syllabus is prescribed by the ICAI. 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 certification. The CA syllabus of all course levels inlcudes topics related to taxation auditing and law.

CA syllabus for each course is to be completed within a time frame to be able to appear for the exam. The ICAI CA exams for Foundation, Intermediate and Final courses are conducted twice a year - May and November. There is no change in the CA syllabus for 2022. Here we have shared ICAI CA syllabus 2022 of all the three levels:

Table of Contents

CA Course and Syllabus Highlights
CA Foundation Course Syllabus
CA Intermediate Syllabus
ICAI CA Final Course Syllabus
FAQs on ICAI CA Syllabus

CA Course and Syllabus Highlights

Before taking a look at the ICAI CA course syllabus in detail, check the highlights of the course below:

ICAI CA Exams	Details
Exam Name	Chartered Accountancy (CA) exam
Exam Conducting body	ICAI
Exam Mode	Computer test mode based
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

CA Foundation Course Syllabus

The CA Foundation course has four parts. Given below are the topics covered in each of the four papers of CA Foundation syllabus:

CA Foundation Paper-1: Principles and Practice of Accounting

Module-1	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

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

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

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 5: Business Cycles	Chapter 6: Common Business Terminologies

CA Intermediate Syllabus

The CA Intermediate course has two groups and eight papers on 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

ICAI CA Final Course Syllabus

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

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: 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: 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: Corporate and Economic Laws
Company Law	Securities Laws

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	Pricing Strategies/ Decisions
Part B: Performnce 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: 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	Operational Risk Management

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: 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: 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: 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: Multidisciplinary Case Study
Financial Accounting and Reporting	Management Accounting
Audit and Assurance	Corporate Laws
Taxation	Business Strategy and Management
Finance and Financial Management	Business Strategy and Management

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

CA Final Paper 8 : Indirect Tax Laws
Part-I: Goods and Services Tax	Part-II: Customs & FTP

FAQs on ICAI CA Syllabus

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

A: The syllabus of ICAI CA Foundation course includes Principles and Practice of Accounting, Business Laws and Business Correspondence and Reporting, Business Mathematics, Logical Reasoning and Statistics and Business Economics and Business and Commercial Knowledge.

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

A: The syllabus of ICAI CA Intermedia course includes 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.

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

A: The syllabus of ICAI CA Final course includes 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.

Q: Who prescribes CA syllabus?

A: The Institute of Chartered Accountants of India, the agency that conducts and regulates CA profession in the country, prescribes the CA syllabus for all three levels.

Q: What is the time duration of CA exams?

A: The time duration of CA exams varies for each paper. Some papers are of two hours duration whereas some are of three hours duration.

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

A: In the CA Foundation course, there are four paper where as in the CA Intermediate and Final courses, there are eight papers each.

Q: Is there any change in the CA syllabus 2022?

A: No, there is no change in the syllabus of any of the CA papers. The course training and examinations for 2022 will be based on previously available syllabus.

Q: What is the passing mark in CA courses?

A: Candidates need to 40 per cent in each paper of a group and 50 per cent in aggregate in all the papers of a group. This minimum mark criterion is applicable to all three courses - Foundation, Intermediate and Final.

Q: How many attempts are required to clear CA exams?

A: There is no fixed number of attempts prescribed or recommended to clear CA exams. One can keep making the attempt until they clear all the levels with the minimum passing marks. Candidates must assess their skills and ability to decide in how many attempts they will be able to clear CA exams.

Q: Can I pursue CA after graduation?

A: Yes, one can pursue CA course after graduation. Such candidates will not have to clear the Foundation level. They can directly register for CA Intermediate course.

Q: Can I pursue CA after class 10?

A: Yes, according to a guideline introduced by the ICAI a few years ago, candidate can take provisional admission to foundation course of ICAI after class 10 exam. However, the provisional admission will be regularised once a candidate clears class 12 exam.