ICAI is responsible for issuing the ICAI CA Final Study Material every year. Students who are looking for the CA Final Study Material have landed on the correct page. Below we have provided you with the Study Material and practice manual for the CA Final Examination May 2024. Also, Check the process to download the ICAI CA Final Study Material for May 2024 PDF in English and Hindi.

Once you have completed the CA Final Registration then ICAI will send you the hard copy of the study material of CA Final Course at your registered address. However, if you want to download the CA Final study material you can download it from this page.

Click here to download the CA Final Syllabus and CA Final Papers for May 2024.

Download CA Final Study Material from the given link below:

Group I Subjects

Group II Subjects

Also Check: Complete CA Course guide

ICAI CA Final Study Material PDF (New Syllabus)

Below is the latest PDF of the ICAI CA Final Study Material in English and Hindi. Students can download the new course PDF down below.

Paper 1: Financial Reporting Study Material for New Scheme (May 2024)

CA Final Financial Reporting is the most scoring subject in Group First. It contains chapters like Accounting Standards, Valuation, Corporate Financial Reporting, etc. One needs to study it thoroughly for getting an exemption in this subject.

ICAI has released the CA New Syllabus/Study Material 2024 of financial reporting for May 2024. Check it in the table below.

Module 1 Initial Pages
Chapter 1: Quality Control Quality Control
Chapter 2: General Auditing Principles and Auditors Responsibilities General Auditing Principles and Auditors Responsibilities
Chapter 3: Audit Planning, Strategy and Execution Audit Planning, Strategy and Execution
Chapter 4: Materiality, Risk Assessment and Internal Control Materiality, Risk Assessment and Internal Control
Chapter 5: Audit Evidence Audit Evidence
Chapter 6: Completion and Review Completion and Review
Chapter 7: Reporting Reporting
Module 2 Initial Pages
Chapter 8: Specialised Areas Specialised Areas
Chapter 9: Audit-related Services Audit-related Services
Chapter 10: Review of Financial Information Review of Financial Information
Chapter 11: Prospective Financial Information and Other Assurance Services Prospective Financial Information and Other Assurance Services
Chapter 12: Digital Auditing & Assurance Digital Auditing & Assurance
Chapter 13: Group Audits Group Audits
Chapter 14: Special Features of Audit of Banks & Non-Banking Financial Companies Special Features of Audit of Banks & Non-Banking Financial Companies
Module 3 Initial Pages
Chapter 15: Overview of Audit of Public Sector Undertakings Overview of Audit of Public Sector Undertakings
Chapter 16: Internal Audit Internal Audit
Chapter 17: Due Diligence, Investigation & Forensic Audit Due Diligence, Investigation & Forensic Audit
Chapter 18: Emerging Areas: Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) Assurance Emerging Areas: Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) Assurance
Chapter 19: Professional Ethics & Liabilities of Auditors Professional Ethics & Liabilities of Auditors

Paper 2: Advanced Financial Management Study Material for New Scheme (May 2024)

CA final Advanced Financial Management is the second subject in CA Final. As the subject name suggests, it includes chapters relating to Finance like Mutual Funds, International Financial Management, Corporate Valuation, Merges, Acquisition, Foreign Exchange, etc. 

ICAI has released the CA New Syllabus/Study Material 2024 of advanced financial management for May 2024. Check it in the table below.

Module 1 Initial Pages
Chapter 1: Financial Policy and Corporate Strategy Financial Policy and Corporate Strategy
Chapter 2: Risk Management Risk Management
Chapter 3: Advanced Capital Budgeting Decisions Advanced Capital Budgeting Decisions
Chapter 4: Security Analysis Security Analysis
Chapter 5: Security Valuation Security Valuation
Chapter 6: Portfolio Management Portfolio Management
Chapter 7: Securitization Securitization
Chapter 8: Mutual Funds Mutual Funds
Chapter 9: Derivatives Analysis and Valuation Derivatives Analysis and Valuation
Chapter 10: Foreign Exchange Exposure and Risk Management Foreign Exchange Exposure and Risk Management
Chapter 11: International Financial Management International Financial Management
Chapter 12: Interest Rate Risk Management Interest Rate Risk Management
Chapter 13: Business Valuation Business Valuation
Chapter 14: Mergers, Acquisitions and Corporate Restructuring Mergers, Acquisitions and Corporate Restructuring
Chapter 15: Startup Finance Startup Finance

Paper 3: Advanced Auditing, Assurance and Professional Ethics Study Material for New Scheme (May 2024)

Advanced Auditing, Assurance and Professional Ethics subject are some of the vast subjects of CA Final. This subject is based on theory. It is portioned into three parts i.e. CA final Auditing, Assurance and Professional Ethics. 

ICAI has released the CA New Syllabus/Study Material 2024 of Advanced Auditing, Assurance and Professional Ethics for May 2024. Check it in the table below.

Module 1 Initial Pages
Chapter 1: Quality Control Quality Control
Chapter 2: General Auditing Principles and Auditors Responsibilities General Auditing Principles and Auditors Responsibilities
Chapter 3: Audit Planning, Strategy and Execution Audit Planning, Strategy and Execution
Chapter 4: Materiality, Risk Assessment and Internal Control Materiality, Risk Assessment and Internal Control
Chapter 5: Audit Evidence Audit Evidence
Chapter 6: Completion and Review Completion and Review
Chapter 7: Reporting Reporting
Module 2 Initial Pages
Chapter 8: Specialised Areas Specialised Areas
Chapter 9: Audit-related Services Audit-related Services
Chapter 10: Review of Financial Information Review of Financial Information
Chapter 11: Prospective Financial Information and Other Assurance Services Prospective Financial Information and Other Assurance Services
Chapter 12: Digital Auditing & Assurance Digital Auditing & Assurance
Chapter 13: Group Audits Group Audits
Chapter 14: Special Features of Audit of Banks & Non-Banking Financial Companies Special Features of Audit of Banks & Non-Banking Financial Companies
Module 3 Initial Pages
Chapter 15: Overview of Audit of Public Sector Undertakings Overview of Audit of Public Sector Undertakings
Chapter 16: Internal Audit Internal Audit
Chapter 17: Due Diligence, Investigation & Forensic Audit Due Diligence, Investigation & Forensic Audit
Chapter 18: Emerging Areas: Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) Assurance Emerging Areas: Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) Assurance
Chapter 19: Professional Ethics & Liabilities of Auditors Professional Ethics & Liabilities of Auditors

Paper 4: Direct Tax Laws & International Taxation Study Material for New Scheme (May 2024)

ICAI has released the CA New Syllabus/Study Material 2024 of Direct Tax Laws & International Taxation for May 2024. You can check it from the table below.

Syllabus Modules
Chapters
Module-1
Chapter 1: Basic Concepts
Chapter 2: Incomes which do not form part of Total Income
Chapter 3: Profits and Gains of Business or Profession
Chapter 4: Capital Gains
Chapter 5: Income from Other Sources
Chapter 6: Income of Other Persons included in Assessee’s Total Income
Chapter 7: Aggregation of Income, Set Off or Carry Forward of Losses
Chapter 8: Deductions from Gross Total Income
Module-2
Chapter 9: Assessment of Various Entities
Chapter 10: Assessment of Trusts and Institutions, Political Parties and Other Special Entities
Chapter 11: Tax Planning, Tax Avoidance and Tax Evasion
Chapter 12: Taxation of Digital Transactions
Module-3
Chapter 13: Deduction, Collection and Recovery of Tax
Chapter-14 Income Tax Authorities
Chapter-15 Assessment Procedure
Chapter-16 Appeals and Revision
Chapter-17 Dispute Resolution
Chapter-18 Miscellaneous Provisions
Chapter-19 Provisions to Counteract Unethical Tax Practices
Chapter-20 Tax Audit and Ethical Compliances
Module-4
Chapter 21: Non Resident Taxation
Chapter 22: Double Taxation Relief
Chapter 23: Advance Rulings
Chapter 24: Transfer Pricing
Chapter 25: Fundamentals of BEPS
Chapter 26: Application and Interpretation of Tax Treaties
Chapter 27: Overview of Model Tax Conventions
Chapter 28: Latest Developments in International Taxation

Paper 5: Indirect Tax Laws Study Material for New Scheme (May 2024)

ICAI has released the CA New Syllabus/Study Material 2024 of Indirect Tax Laws for May 2024. You can check it from the table below.

Syllabus Modules
Chapters
Module-1
Chapter-1 Supply Under GST
Chapter-2 Charge Of GST
Chapter-3 Place of Supply
Chapter-4 Exemptions from GST
Chapter-5 Time of Supply
Chapter-6 Value Of Supply
Module-2
Chapter 7: Input Tax Credit
Chapter 8: Registration
Chapter 9: Tax Invoice, Credit and Debit Notes
Chapter 10: Accounts and Records; E-way Bill
Chapter 11: Payment of Tax
Chapter 12: Electronic Commerce Transactions Under GST
Chapter 13: Returns
Module-3
Chapter 14: Import and Export Under GST
Chapter 15: Refunds
Chapter 16: Job Work
Chapter 17: Assessment and Audit
Chapter 18: Inspection, Search, Seizure and Arrest
Chapter 19: Demand and Recovery
Chapter 20: Liability to Pay in Certain Cases
Chapter 21: Offences and Penalties and Ethical Aspects under GST
Chapter 22: Appeals and Revisions
Chapter 23: Advance Ruling
Chapter 24: Miscellaneous Provisions
Module-4
Chapter-1 Levy of Exemptions from Customs Duty
Chapter-2 Types of Duty
Chapter-3 Classification of Imported & Exported Goods
Chapter-4 Valuation Under the Customs Act, 1962
Chapter-5 Importation and Exportation of Goods
Chapter-6 Warehousing
Chapter-7 Refund
Chapter-8 Foreign Trade Policy

Paper 6: Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management) Study Material for New Scheme (May 2024)

Section A: Corporate and Economic Laws

Syllabus Modules
Chapters
Module-1
Section A: Company Law
Chapter 1: Appointment and Qualification of Directors
Chapter 2: Appointment and Remuneration of Managerial Personnel
Chapter 3: Meetings of Board and Its Powers
Chapter 4: Inspection, Inquiry and Investigation
Chapter 5: Compromises, Arrangements and Amalgamations
Chapter 6: Prevention of Oppression and Mismanagement
Chapter 7: Winding Up
Chapter 8: Miscellaneous Provisions
Chapter 9: Adjudication, Special Courts, National Company Law Tribunal & National Company Law Appellate Tribunal
Chapter 10: e-Filing
Module-2
Section B: Securities Laws
Chapter 1: SEBI Act, 1992, SEBI (LODR) Regulations, 2015, SEBI (ICDR) Regulations, 2018, SEBI (SAST) Regulations, 2011 and SEBI (PIT) Regulations, 2015
Part II: Economic Laws
Chapter 1: The Foreign Exchange Management Act, 1999
Chapter 2: The Foreign Contribution Regulation Act, 2010
Chapter 3: The Insolvency and Bankruptcy Code, 2016

Section B: Strategic Cost & Performance Management

Syllabus Modules
Chapters
Module-1
(Strategic Cost Management)
Chapter 1: Introduction to Strategic Cost Management
Chapter 2: Modern Business Environment
Chapter 3: Lean System and Innovation
Chapter 4: Specialist Cost Management Techniques
Chapter 5: Management of Cost Strategically for Emerging Business Models
Chapter 6: Strategic Revenue Management
Chapter 7: Strategic Profit Management
Module-2
(Strategic Performance Management)
Chapter 8: An Introduction to Strategic Performance Management
Chapter 9: Strategic Performance Measures in Private Sector
Chapter 10: Strategic Performance Measures in the Non-for-Profit Organisations
Chapter 11: Preparation of Performance Reports
Chapter 12: Divisional Transfer Pricing
Chapter 13: Standard Costing
Chapter 14: Case Study

Also Check: CA New Scheme

Frequently Asked Questions

Q1. How many times a Student can attempt CA Final Exams?

Ans: A Student can attempt for 5 years, i.e. 10 attempts in 5 years.

Q2. How can I get CA Final Study Material?

Ans: Students can download CA Final Study material from this page.

Q3. Is ICAI CA Final Study Material enough for the preparation of the May 2024 exams?

Ans: Yes, the CA final study material issued by ICAI is sufficient for CA final exams. Candidates need to study the entire material and practice all the questions as several times as they can that solve MTPs and Revision test papers as all these will be enough for CA final exams.

Q4. How many subjects are there in CA Final Course?

Ans: There are 6 subjects in the CA Final course, 3 Subjects in each group.

Leave a comment

Your email address will not be published. Required fields are marked *