Looking for CA final syllabus and subjects for Nov 2023 exams? Then you have landed on the right page. Here you will get the updated CA final syllabus for Nov 2023 exams with a detailed subject list for CA final Nov 2023.
CA Final, just one more step to becoming a Chartered Accountant. From the given page you can download your CA Final Syllabus for Nov 2023 and CA Final Study Material.
The CA final syllabus 2023 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 download the new scheme CA final syllabus for Nov 2023 examinations. Students can also go thoroughly with the CA final subjects and many more updated information about the CA final course.
CA Final New Course 2023
ICAI conducts the CA final examination twice a year in the months of May and November. Students must check out the CA final exam dates for Nov 2023 examinations. ICAI has started the CA final registration, the last date for CA Final Registration is 1st Jan 2023. Students can register for CA final exams if they have cleared both groups of CA intermediate exams. Also, the eligibility to appear in the CA Final examination is only after a candidate has completed three years of practical training and AICITSS. The CA final registration validity is 5 years. In any case, if any student does not clear their CA Final exam in the first attempt then they have eight more attempts to go, and that too without paying any registration fees for the CA Final examination.
CA Final Subjects For Nov 2023
The CA final Syllabus is further divided into 4 subjects in each group which are as follows –
CA Final Group I Subjects ( New Syllabus)
- Paper 1- Financial Reporting
- Paper 2- Strategic Financial Management
- Paper 3- Advanced Auditing and Professional Ethics
- Paper 4- Corporate and Economic Laws
CA Final Group-II Subjects (New Syllabus)
- Paper 5- Strategic Cost Management and Performance Evaluation
- Paper 6A- Risk Management
- Paper 6B- Financial Services and Capital Markets
- Paper 6C- International Taxation
- Paper 6D- Economic Laws
- Paper 6E- Global Financial Reporting Standards
- Paper 6F- Multidisciplinary Case Study
- Paper 7- Direct Tax Laws and International Taxation
- Paper 8- Indirect Tax Laws
Each subject is itself equal in CA final course and you have to score 40% in each subject as well as 50% in aggregate of all the subjects.
Besides the below-given syllabus, students should carefully note that relevant developments including the issue of Accounting Standards, Statements on Standard Auditing Practices, Guidance Notes by the institute, and amendments in the legislation taken six months before your exam will be applicable in your attempt.
Also Check: Complete CA Course guide
Download CA Final Syllabus for Nov 2023
Download the CA final syllabus in pdf format from the link given below.
| ICAI CA Final Syllabus Nov 2023 | Download PDF |
CA Final Syllabus Nov 2023- Subject Wise
Given below is the detailed subject-wise CA final syllabus for the upcoming 2023 examinations. For better preparation for the CA final exam in Nov 2023, go through the syllabus carefully.
Paper 1: Financial Reporting Syllabus
(One paper – Three hours – 100 marks)
| 1 | Framework for Preparation and Presentation of Financial Statements |
| 2 | Application of Indian Accounting Standards (Ind AS) |
| 3 | Indian Accounting Standards on Group Accounting |
| 4 | Accounting and Reporting of Financial Instruments (as per Ind AS) |
| 5 | Analysis of Financial Statements |
| 6 | Integrated Reporting |
| 7 | Corporate Social Responsibility Reporting |
Paper 2: Strategic Financial Management Syllabus
(One paper – Three hours – 100 marks)
| 1 | Financial Policy and Corporate Strategy |
| 2 | Risk Management |
| 3 | Security Analysis |
| 4 | Security Valuation |
| 5 | Portfolio Management |
| 6 | Securitization |
| 7 | Mutual Fund |
| 8 | Derivatives Analysis and Valuation |
| 9 | Foreign Exchange Exposure and Risk Management |
| 10 | International Financial Management |
| 11 | Interest Rate Risk Management |
| 12 | Corporate Valuation |
| 13 | Mergers, Acquisitions and Corporate Restructuring |
| 14 | Startup Finance |
Paper 3: Advanced Auditing and Professional Ethics Syllabus
(One paper – Three hours – 100 marks)
| 1 | Auditing Standards, Statements and Guidance Notes |
| 2 | Audit Planning, Strategy and Execution |
| 3 | Risk Assessment and Internal Control |
| 4 | Special aspects of Auditing in an Automated Environment |
| 5 | Audit of Limited Companies |
| 6 | Audit Reports |
| 7 | Audit Committee and Corporate Governance |
| 8 | Audit of Consolidated Financial Statements |
| 9 | Special features of audit of Banks, Insurance & Non Banking Financial Companies |
| 10 | Audit under Fiscal Laws |
| 11 | Audit of Public Sector Undertakings |
| 12 | Liabilities of Auditors |
| 13 | Internal Audit, Management and Operational Audit |
| 14 | Due Diligence, Investigation and Forensic Audit |
| 15 | Peer Review and Quality Review |
| 16 | Professional Ethics |
Paper 4: Corporate and Economic Law Syllabus
(One paper – Three hours – 100 marks)
Part 1 Corporate Law
Section A: Company Law
| 1 | The Companies Act, 2013 |
| 2 | Corporate Secretarial Practice |
Section B: Securities Law
Part 2 : Economic Law
| 1 | The Foreign Exchange Management Act, 1999 |
| 2 | The Securitisation and Reconstruction of Financial Assets and Enforcement ofSecurity Interest Act, 2002 |
| 3 | The Prevention of Money Laundering Act, 2002 |
| 4 | Foreign Contribution Regulation Act, 2010 |
| 5 | The Arbitration and Conciliation Act, 1996 |
| 6 | The Insolvency and Bankruptcy Code, 2016 |
Paper 5 : Cost Management Syllabus
Part A: Strategic Cost Management and Decision Making
Sub Part A: Strategic Cost Management
| 1 | Introduction to Strategic Cost Management |
| 2 | Modern Business Environment |
| 3 | Lean System and Innovation |
| 4 | Cost Management Techniques |
| 5 | Cost Management for Specific Sectors |
Sub Part B: Decision Making
| 1 | Decision Making |
| 2 | Pricing Strategies/ Decisions |
Paper 6: Management Information and Control Systems Syllabus
(One paper – Three hours – 100 marks)
Part B: Performance Evaluation and Control
Sub Part 1: Performance Evaluation and Reporting
| 1 | Performance Measurement and Evaluation |
| 2 | Divisional Transfer Pricing |
| 3 | Strategic Analysis of Operating Income |
Sub Part 2: Managerial Control
| 1 | Budgetary Control |
| 2 | Standard Costing |
Part C: Case Study
Paper 6A: Risk Management (100 Marks)
| 1 | Introduction to risk |
| 2 | Source and evaluation of risks |
| 3 | Risk management |
| 4 | Evaluation of Risk Management Strategies |
| 5 | Risk model |
| 6 | Credit Risk Measurement and Management |
| 7 | Risk associated with Corporate Governance |
| 8 | Enterprise Risk Management |
| 9 | Operational Risk Management |
Paper 6B: Financial Services and Capital Markets
| 1 | Global Financial Markets |
| 2 | Impact of various Policies of Financial Markets |
| 3 | Capital Market – Primary |
| 4 | Capital Market – Secondary |
| 5 | Money Market |
| 6 | Institutions and Intermediaries |
| 7 | Commodity Market |
| 8 | Banking as source of Capital including NBFCs |
| 9 | Mutual Funds |
| 10 | Private Equity |
| 11 | Investment Banking |
| 12 | Credit Rating |
| 13 | Treasury Operations |
| 14 | Risk Management |
| 15 | Credit Derivatives |
| 16 | Leasing Decisions |
| 17 | Factoring |
| 18 | SEBI Guidelines |
Paper 6C: International Taxation (100 Marks)
Part 1: International Taxation and Non-Resident Taxation in India
| 1 | Transfer Pricing provisions under the Income-tax Act, 1961 |
| 2 | Other Provisions relating to taxation of international transactions and non-resident taxationunder the Income-tax Act, 1961 |
| 3 | Law and Procedures under the Black Money (Undisclosed Foreign Income and Assets) andImposition of Tax Act, 2015 |
Part 2: Other Aspects of International Taxation
| 1 | Overview of Model Tax Conventions |
| 2 | Tax treaties, Application and Interpretation |
| 3 | Anti Avoidance Measures |
| 4 | Taxation of E-Commerce Transactions |
Paper 6D: Economics Law (100 Marks)
| 1 | World Trade Organization (WTO) covering its Role, Principles, Functions andDispute Settlement Mechanism |
| 2 | Competition Act, 2002 and Rules/ Regulations |
| 3 | Real Estate (Regulation and Development) Act, 2016 [Central Act and Rules/ Regulations] |
| 4 | Insolvency and Bankruptcy Code, 2016 and Rules/ Regulations |
| 5 | Prevention of Money Laundering Act, 2002 and Rules/ Regulations |
| 6 | Foreign Exchange Management Act, 1999 and Rules/ Regulations |
| 7 | Prohibition of Benami Property Transactions Act, 1988 and Rules/ Regulations |
Paper 6E: Global Financial Reporting Standards (100 Marks)
| 1 | Conceptual Framework for Financial Reporting as per IFRS |
| 2 | Application of International Financial Reporting Standards |
| 3 | Significant differences between IFRS and US GAAPs |
Paper 6F: Multidisciplinary Case Study (100 Marks)
| 1 | Financial Accounting and Reporting |
| 2 | Audit and Assurance |
| 3 | Taxation |
| 4 | Finance and Financial Management |
| 5 | Management Accounting |
| 6 | Corporate Laws |
| 7 | Business Strategy and Management |
Paper 7 : Direct Tax Law and International Taxation
Part 1: Direct Tax Law
| 1 | Basis of charge, residential status, income 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, rebates and reliefs |
| 2 | Special provisions relating to companies and certain persons other than a company |
| 3 | Provisions relating to charitable and religious trust and institutions, political parties and electoral trusts |
| 4 | Tax Planning, Tax Avoidance & Tax Evasion |
| 5 | Collection & Recovery of Tax, Refunds |
| 6 | Income-tax Authorities, Procedure for assessment, Appeals and Revision |
| 7 | Settlement of Tax Cases, Penalties, Offences & Prosecution |
| 8 | Liability in Special Cases |
| 9 | Miscellaneous Provisions and Other Provisions |
Part 2: International Taxation
| 1 | Taxation of international transactions and Non-resident taxation |
| 2 | Overview of Model Tax Conventions – OECD & UN |
| 3 | Application and interpretation of Tax Treaties |
| 4 | Fundamentals of Base Erosion and Profit Shifting |
PAPER 8: Indirect Tax Laws Syllabus
Part-I: Goods and Services Tax (75 Marks)
| 1 | Introduction to GST in India including Constitutional aspects |
| 2 | Levy and collection of CGST and IGST |
| 3 | Place of supply |
| 4 | Time and Value of supply |
| 5 | Input tax credit |
| 6 | Computation of GST liability |
| 7 | Procedures under GST including registration, tax invoice, credit and debit notes,electronic way bill, accounts and records, returns, payment of tax including tax deduction at source andtax collection at source, refund, job work |
| 8 | Liability to pay in certain cases |
| 9 | Administration of GST; Assessment and Audit |
| 10 | Inspection, Search, Seizure and Arrest |
| 11 | Demand and Recovery |
| 12 | Offences and Penalties |
| 13 | Advance Ruling |
| 14 | Appeals and Revision |
| 15 | Other provisions |
Part 2: Customs and FTPs (25 Marks)
| 1 | Customs Law as contained in the Customs Act, 1962 and the Customs Tariff Act, 1975 |
| 2 | Foreign Trade Policy to the extent relevant to the indirect tax laws |
CA Final Exam Pattern
After knowing the CA Final Syllabus and Subjects now check the exam pattern for CA Final. It is vital for candidates to have a better understanding of the paper pattern while commencing their preparations for the CA Final exam Nov 2023.
|
Exam Mode |
Pen and Paper-based Examination |
|
Type of question |
Objective and subjective |
|
Medium of Exam |
English and Hindi |
|
Total No. of Papers |
8 Papers |
|
No of Marks |
800 Marks ( 100 Marks Each per Paper) |
|
Negative Marks |
No Negative Marking |
|
Conducting Body |
CA Final Useful Downloads
Once you have gone through the CA final syllabus, students need to go through other important things to start their CA final preparations.
- CA Final study material for Nov 2023
- CA Final papers for Nov 2023
- CA final course guide Nov 2023
- CA final registration form 2023
Students can not prepare for CA final exam in a one-time study. Students must know how to prepare for CA final exams Nov 2023. CA final exams are coming very soon after one month. You need to revise the entire CA final syllabus in just one month.
CA Wizard is an online portal that provides a strategy to prepare for the CA final exams and also guides students to get a rank in CA exams.
CA Final Syllabus and Subjects – Frequently Asked Questions
Q1. What are the subjects for CA final exams 2023?
Ans: The CA final is divided into 2 groups and further it gets divided into 8 subjects. The CA final subjects are as follows:
Group I
- Paper 1- Financial Reporting
- Paper 2- Strategic Financial Management
- Paper 3- Advanced Auditing and Professional Ethics
- Paper 4- Corporate and Economic Laws
Group II
- Paper 5- Strategic Cost Management and Performance Evaluation
- Paper 6A- Risk Management
- Paper 6B- Financial Services and Capital Markets
- Paper 6C- International Taxation
- Paper 6D- Economic Laws
- Paper 6E- Global Financial Reporting Standards
- Paper 6F- Multidisciplinary Case Study
- Paper 7- Direct Tax Laws and International Taxation
- Paper 8- Indirect Tax Laws
Q2. How can students change the medium of exams?
Ans: Students can change the medium of exams through an online correction window. For more details, you can read CA final exam form in Nov 2023.
Q3. How can I prepare for CA final exams?
Ans: CA final exams are the last step to become a Chartered Accountant. Therefore students need to prepare well for the exams. For CA final exam preparation you need to do is
- You Need to Timely Start Your Studies
- Choose Proper Reference Books
- Keep your Concepts Strong
- Three Times Revision is a must
- Prepare your Own Summary Notes
- Solve Mock Test Papers
Q4. When are CA Final Exams in Nov 2023 going to start?
Ans: CA final exam Nov 2023 exam date has not been announced yet by ICAI.