CA Final

CA Final Subjects for Nov 2022 Exam

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Looking for the CA Final Subjects 2022? Then you have landed on the right page. Here you will get the detailed list of CA final subjects for upcoming exams. 

CA Final, last step to becoming a Chartered Accountant. From this article you can go through the detailed new course CA final subjects 2022 and can also go through the CA final syllabus 2022.

The CA final Subjects 2022 is divided into two groups and further, it gets divided into eight subjects, in which one subject is optional. 

The CA final new syllabus paper consists of a total of 100 marks and to clear the CA final exams students need to score 40% in each subject and 50% aggregate overall. 

From this article, students can check out the new course C. A final subject for 2022 examinations. Students can also go thoroughly with the CA final syllabus and many more updated information about the CA final course

CA Final Subjects List 2022 (New Course)

The CA final Syllabus is further divided into 4 subjects in each group which are as follows –

Group I

Group II

Each subject is very important to clear in itself and students have to score 40% in each subject as well as 50% in aggregate of all the subjects.

Besides the given below CA Final subjects is in a detailed format, students should carefully note that relevant developments including the issue of Accounting Standards, Statements on Standard Auditing Practices, Guidance Notes by the institute, amendments in the legislation taken six months before your exam will be applicable in your attempt.

Paper 1: Financial Reporting (100 Marks)

1Conceptual Framework for Financial Reporting Under Indian Accounting Standards
2Ind AS on Presentation of General Purpose Financial Statements
3Ind AS 115: Revenue from Contracts with Customers
4Ind AS on Measurement based on Accounting Policies
5Other Indian Accounting Standards
6Ind AS 101: First-time Adoption of Ind AS
7Ind AS on Assets of the Financial Statements
8Ind AS 41: Agriculture
9Ind AS on Liabilities of the Financial Statements
10Ind AS on Items impacting the Financial Statements
11Ind AS on Disclosures in the Financial Statements
12Accounting and Reporting of Financial Instruments

Download CA Final Financial Reporting Syllabus

Paper 2: Strategic Financial Management (100 Marks)

1Financial Policy and Corporate Strategy 
2Risk Management
3Security Analysis
4Security Valuation
5Portfolio Management
6Securitization  
7Mutual Fund
8Derivatives Analysis and Valuation
9Foreign Exchange Exposure and Risk Management 
10International Financial Management
11Interest Rate Risk Management 
12Corporate Valuation 
13Mergers, Acquisitions, and Corporate Restructuring
14Startup Finance

Download CA Final Strategic Financial Management Syllabus

Paper 3: Advanced Auditing and Professional Ethics (100 Marks)

1Auditing Standards, Statements, and Guidance Notes
2Audit Planning, Strategy, and Execution
3Risk Assessment and Internal Control
4Special aspects of Auditing in an Automated Environment
5Company Audit
6Audit Reports
7Audit Committee and Corporate Governance
8Audit of Consolidated Financial Statements
9Audit of Banks
10Audit Of Insurance Company
10Audit of Non- Banking Financial Companies
10Audit under Fiscal Laws
11Audit of Public Sector Undertakings
12Liabilities of Auditors
13Internal Audit, Management, and Operational Audit
14Due Diligence, Investigation, and Forensic Audit
15Peer Review and Quality Review
16Professional Ethics

Download CA Final Advanced Auditing and Professional Ethics Syllabus

Paper 4: Corporate and Economic Laws (100 Marks)

Part I: Corporate Laws (70 Marks)

Section A: Company Law 
1Appointment and Qualifications of Directors
2Appointment and Remuneration of Managerial Personnel
3Meetings of Board and Its Powers
4Inspection, Inquiry and Investigation
5Compromises, Arrangements and Amalgamations
6Prevention of Oppression and Mismanagement 
7Winding Up
8Producer Companies
9Companies Incorporated
10Miscellaneous Provisions
11Compounding of Offences, Adjudication, Special Courts 
12National Company Law Tribunal and Appellate Tribunal
13Corporate Secretarial Practice – Drafting of Notices, Resolutions, Minutes and Reports
Section B: Securities Laws
1The Securities Contract (Regulation) Act, 1956 and the Securities Contract (Regulation) Rules, 1957
2The Securities Exchange Board of India Act, 1992, and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015

Part II: Economic Laws (30 Marks)

1The Foreign Exchange Management Act, 1999
2The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
3The Prevention of Money Laundering Act, 2002
4Foreign Contribution Regulation Act, 2010
5The Arbitration and Conciliation Act, 1996
6The Insolvency and Bankruptcy Code, 2016

Download CA Final Corporate and Economic Law Syllabus

Paper 5: Strategic Cost Management and Performance Evaluation (100 Marks)

Part A: Strategic Cost Management and Decision Making

Sub Part I: Strategic Cost Management
1Introduction to Strategic Cost Management
2Modern Business Environment
3Lean System and Innovation
4Cost Management Techniques
5Decision Making
6Pricing Decision

Part B: Performance Evaluation and Control

Sub Part I: Performance Evaluation and Reporting
1Performance Measurement and Evaluation 
2Divisional Transfer Pricing 
3Strategic Analysis of Operating Income
4Budgetary Control
5Standard Costing

Part C: Case Study

1Case Study

Download CA Final Paper 5 Syllabus

Paper 6A: Risk Management (100 Marks)

1Introduction to risk
2Source and evaluation of risks
3Risk management
4Evaluation of Risk Management Strategies
5Risk model 
6Credit risk measurement and management
7Risk associated with corporate governance
8Enterprise Risk Management
9Operational Risk Management

Download CA Final Risk Management Syllabus

Paper 6B: Financial Services and Capital Markets (100 Marks)

1Global Financial Markets 
2Impact of various Policies of Financial Markets 
3Capital Market – Primary
4Capital Market – Secondary
5Money Market 
6Institutions and Intermediaries 
7Commodity Market 
8Banking as a source of Capital including NBFCs
9Mutual Funds 
10Private Equity
11Investment Banking 
12Credit Rating
13Treasury Operations 
14Risk Management 
15Credit Derivatives
16Leasing Decisions
17Factoring
18SEBI Guidelines 

Download CA Final Financial Services and Capital Markets Syllabus

Paper 6C: International Taxation (100 Marks)

Part I: Taxation of International Transactions and Non-resident Taxation in India 

1Transfer Pricing 
2Non- resident Taxation 
3Double Taxation Relief
4Advance Ruling
5An overview of the Black Money and the Imposition of Tax law
6Taxation of E- Commerce Transaction
7Tax Treaties: Overview, Features, Application and Interpretation
8Anti Avoidance Measures
9Overview of Model Tax Conventions

Download CA Final International Taxation Syllabus

Paper 6D: Economic Laws (100 Marks)

1The Competition Act, 2002
2The Real Estate (Regulation & Development) ACT, 2016
3The Insolvency and Bankruptcy Code, 2016
4The Prevention of Money Laundering Act, 2002
5The Foreign Exchange Management Act, 1999
6Prohibition of Benami Property Transactions Act, 1988
7The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI)

Download CA Final Economic Law Syllabus

Paper 6E: Global Financial Reporting Standards (100 Marks)

1Conceptual Framework for Financial Reporting as per IFRS
2Application of International Financial Reporting Standards
3Significant differences between IFRS and US GAAPs

Paper 6F: Multidisciplinary Case Study (100 Marks)

1Financial Accounting and Reporting
2Audit and Assurance
3Taxation
4Finance and Financial Management
5Management Accounting
6Corporate Laws
7Business Strategy and Management

Paper 7: Direct Tax Laws and International Taxation (100 Marks)

Part I: Direct Tax Laws (70 Marks)

1Basic Concepts
2Residence and  Scope of total Income
3Income which do not form part of Total Income
4Salaries
5Income of House Party
6Profits and Gains of Business or Profession
7Capital Gains
8Income from other sources
9Income of Other Persons included in assessee’s Total Income
10Aggregation of Income, Set-Off and Carry Forward of Losses
11Deductions from Gross Total Income
12Assessment of Various Entities
13Charitable or Religious Trusts and Institutions, Political Parties and Electoral Trusts
14Tax Planning, Tax Avoidance & Tax Evasion
15Deduction, Collection and Recovery of Tax
16Income-tax Authorities
17Assessment Procedure
18Appeals and Revision
19Dispute Resolution
20Penalties
21Offences and Prosecution
22Liability in Special Cases
23Miscellaneous Provisions

Part II: International Taxation (30 Marks)

1Transfer Pricing and Other Provisions to check Avoidance of Tax
2Non Resident Taxation
3Double Taxation Relief
4Advance Rulings
5Equalisation Levy
6Application and Interpretation of Tax Treaties
7Fundamentals of Base Erosion and Profit Shifting
8Overview of Model Tax Conventions

Download CA Final Paper 7 Syllabus

Paper 8: Indirect Tax Laws (100 Marks)

Part I: Goods and Services Tax (75 Marks)

1GST in India – An Introduction
2Supply under GST
3Charge of GST
4Exemptions from GST
5Place of Supply
6 Time of Supply
7Value of Supply
8Input Tax Credit 
9Registration
10Tax Invoice, Credit and Debit Notes
11Accounts and Records; E-way Bill
12Payment of Tax
13Import And Export Under GST
14Refunds
15Job Work
16Assessment And Audit
17Inspection, Search, Seizure And Arrest
18Demands And Recovery
19Liability to Pay in Certain Cases
20Offences And Penalties
21Appeals And Revisions
22Advance Ruling
23Miscellaneous Provisions

Part II: Customs & FTP (25 Marks)

1Levy of and Exemptions from Customs Duty
2Types of Duty 
3Classification of Imported and Export Goods
4Valuation under the Customs Act 1962
5Importation, Exportation and Transportation of Goods
6Warehousing
7Duty Drawback
8Refund
9Foreign Trade Policy

CA Final Subjects New Syllabus v/s CA Final Subjects Old Syllabus

ICAI had made changes in the new course CA final subjects. Students can check out the changes from the table given below.

Group 1
Paper-1: Financial Reporting  [100 Marks]Paper-1: Financial Reporting  [100 Marks]
Paper-2: Strategic Financial Management [100 Marks]Paper-2: Strategic Financial Management [100 Marks]
Paper-3: Advanced Auditing and Professional Ethics [100 Marks]Paper-3: Advanced Auditing and Professional Ethics [100 Marks]
Paper-4: Corporate and Economic Law[100 Marks]Paper-4: Corporate and Allied Laws[100 Marks]   Section-A:Company Law[70 Marks]   Section-B: Allied Laws[30 Marks]
Group 2
Paper-5: Strategic Cost Management and Performance Evaluation[100 Marks]Paper-5: Advanced Management Accounting [100 Marks]
Paper-6A: Risk Management[100 Marks]Paper-6: Information Systems Control and Audit[100 Marks]
Paper-6B: Financial Services and Capital Markets[100 Marks] –
Paper-6C: International Taxation[100 Marks] –
Paper-6D: Economic Laws[100 Marks] –
Paper-6E: Global Financial Reporting Standards[100 Marks] –
Paper-6F: Multidisciplinary Case Study[100 Marks] –
Paper-7: Direct Laws Tax and International Taxation[100 Marks]Paper-7: Direct Tax Laws[100 Marks]
Paper-8: Indirect Tax Laws[100 Marks]Page-8: GST & Customs[100 Marks]

CA Final Syllabus 2022

ICAI has announced the new scheme CA final syllabus for 2022 examinations. Download the CA final syllabus in pdf format from the link given below. 

CA Wizard is an online guide for CA foundation, CA intermediate, and CA final students in India. Candidates can get a solution of each and every query related to CA. Whether it’s study material or preparation tips, candidates will find every small update about CA from CA Wizard. CA Wizard provides all the updates and latest information so as CA final subjects for New Course available on this page. Check out the detailed and updated CA final subjects and download the CA final syllabus 2022 in a pdf format. 

Frequently Asked Questions for CA Final Subjects 2022

Q1. How many subjects do I need to study for CA final exams?

Ans: For the CA final exams students need to study a total of 8 subjects. And all the subjects are mandatory for exams except one optional subject. 

Q2. Which group of CA final subjects is easier?

Ans: In group 1 of CA final subjects, most of the subjects are very scoring as a comparison to Group 2 of CA final subjects. Therefore, this makes Group 1 easier than group 2 of CA’s final subjects. 

Q3. Which CA final elective subject candidates should choose for CA final exams?

Ans: This depends upon the interest and preferences of the candidates and where they want to get placed. If a candidate wants to start their own practice, then they should go with International taxation and GFRS. If they want to join MNCs and firms then they must opt for the risk management and financial market. And if candidates want to go for research and departments, they must opt for a subject like economics law. 

Q4. Can students change the CA final elective subjects?

Ans: Yes, candidates can change their elective subject for the CA final they had opted at the time of registration. But, once the exam forms are out, candidates can not make any changes. 

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