CA Intermediate

ICAI CA Intermediate (New Course) Syllabus Nov 2020- Updated

Hey CA Aspirant! In this article, we are providing you all the details of CA Intermediate Syllabus and the Subject of 2020 session. All these updates are applicable for the student who eligible for the CA Intermediate examination or register themselves for the newly revised course of CA IPCC examination. CA Intermediate is the second milestone for the CA Intermediate method. It is also the gateway for other students who want to pursue their Careers in Chartered Accountant.

ICAI has made many changes in CA Intermediate syllabus and students can download the revised version of CA Intermediate syllabus PDF 2020 from the below article.

Students can also Check CA Intermediate Nov 2020 Time Table and Date Sheet here and download your Admit Card for CA Intermediate from here.

We have already provided the syllabus and other information regarding CA Foundation in CA Foundation Syllabus. Since the ICAI has replaced the IPCC with Intermediate. The registration for the new CA Intermediate course has also started from 1st July 2017 and registration with the old course has closed down from 31st June 2017.

Also Read: CA Intermediate Paper Attempting Tips

The CA Intermediate syllabus is applicable from MAY 2018 examinations and onwards.

There are be eight papers according to the CA Intermediate Subject. However, the old course had only seven papers. Earlier there was a single paper for Cost and F.M. which has now two separate papers.

CA Intermediate Syllabus and CA Intermediate subjects are the first things that a CA Intermediate student go through while preparing for the CA Intermediate Examination. Don’t worry below we have provided you all the latest updates of ICAI CA Intermediate Syllabus and CA Intermediate Subject. Hence appearing students can also Download the CA Intermediate Nov Syllabus, candidates can also check the CA Intermediate syllabus addition and deduction done by the ICAI. We have also provided the details of CA Intermediate subjects with marks distribution and the overview of the CA Intermediate Nov Examination.

We are discussing the papers of CA Intermediate with the bifurcation of marks  Download the PDF and find out.

Get the latest update of this article.

CA IntermediateExamination overview Nov 2020.

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 Papers) 

Negative Marks 

No Negative Marking 

Conducting Body 

Institute of Chartered Accounting of India

ICAI CA Intermediate Syllabus ( New Course) Updates 2020. 

The Institution of Chartered Accountant of India has issued the notification regarding the change in syllabus of CA Intermediate Nov 2020 Examination. ICAI has done some addition and Modification in a CA Intermediate Nov 2020 Syllabus. 

Below you will find all the latest changes and their details done by the ICAI for the CA Intermediate New Course Subjects and syllabus.

Addition in the CA Intermediate Syllabus 2020. 

Below are all the latest updates in the CA Intermediate Nov 2020 syllabus. 

  • Paper 1 Accounting topics have been shifted to Paper 5 advanced accounting. 
  • ICAI has added dissolution of Partnership firms including piecemeal distribution of asset along with the conversion of partnership firm into a company and sale to a company which is an issue related to accounting in limited liability partnership. 

Deduction of Topics from CA Intermediate Syllabus 2020. 

Below are the topics which are removed from by the ICAI for CA Intermediate (New Couse) Nov 2020 Examination.

  • Underwriting of Shares and Debentures. 
  • Valuation of Goodwill
  • Application of Guidance Notes issued by the ICAI on specified accounting aspects.
  • Financial Reporting of Insurance Companies and Mutual Funds and regulatory requirements thereof.

CA Intermediate Paper 4A- Income Tax Law Syllabus Updates. 

Below are all the changes made by the ICAI in Paper 4A Income tax law of CA Intermediate Nov 2020 Examination. 

  • Computation of AMT included (in relation to section 35AD and 10AA) through Study Guidelines in the topic “Computation of total income and tax liability of individuals.

Download the Latest CA Intermediate Syllabus 2020.

CA Intermediate New Syllabus for Nov 2020Download

Also, Download CA Intermediate Study Material from the given Link

ICAI CA Intermediate Syllabus 2020.

Subjects and the marks distribution of the CA Intermediate New Course are:-

PaperSubjectSectionMarksType
Paper 1Accounting(100 Marks)Descriptive
Paper 2Corporate Laws and Other Laws70% Descriptive 30% Objective
Corporate Laws(60 Marks)
Other Laws(40 Marks)
Paper 3Cost and Management Accounting(100 Marks)Descriptive
Paper 4Taxation70% Descriptive 30% Objective
Direct Tax Laws(60 Marks)
Indirect Tax Laws(40 Marks)
Paper 5Advanced Accounting(100 Marks)Descriptive
Paper 6Auditing and Assurance(100 Marks)70% Descriptive 30% Objective
Paper 7Enterprise Information System and Strategic Management70% Descriptive 30% Objective
Enterprise Information System(50 Marks)
Strategic Management(50 Marks)
Paper 8Financial Management and Economics for FinanceDescriptive
Financial Management(60 Marks)
Economics for Finance(40 Marks)
For complete and detailed Section-Wise Weightage- VISIT HERE

Latest Syllabus of CA Intermediate Nov 2020 (New Scheme)

Paper 1– ACCOUNTING

ChapterChapter Names
1Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve-outs.
2Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards).
3Applications of Accounting Standards
4Company Accounts
5Accounting for Special Transactions
6Special Type of Accounting

Paper 2– CORPORATE AND OTHER LAWS

Part I- Company Law

The Companies Act, 2013 – Sections 1 to 148
ChapterChapter Names
1Preliminary
2Incorporation of Company and Matters Incidental thereto
3Prospectus and Allotment of Securities
4Share Capital and Debentures
5Acceptance of Deposits by Companies
6Registration of Charges
7Management and Administration
8Declaration and Payment of Dividend
9Accounts of Companies
10Audit and Auditors

Part II- Other Laws

ChapterChapter Names
1The Contract Act, 1872
2The Negotiable Instruments Act, 1881
3The General Clauses Act, 1897
4Interpretation of statutes

Paper 3– COST AND MANAGEMENT ACCOUNTING

ChapterChapter Names
1Overview of Cost and Management Accounting
2Ascertainment of Cost and Cost Accounting System
3Methods of Costing
4Cost Control and Analysis

Paper 4– TAXATION

Part A– Income Tax Law

ChapterChapter Names
1Basic Concepts
2Residential Status and scope of total income
3Incomes which do not form part of total income (other than charitable trusts and institutions, political parties and electoral trusts)
4Heads of income and provisions governing computation of income under different heads
5The income of other persons included in assessee’s total income
6Aggregation of income; set-off, or carry forward and set-off of losses
7Deductions from gross total income
8Computation of total income and tax liability of individuals
9Advance tax, tax deduction at source and Introduction to tax collection at source
10Provisions for filing return of income and self-assessment

Part B– Indirect Taxes

ChapterChapter Names
1Concept of Indirect Taxes
2Goods and Service Tax (GST) Laws

Paper 5– ADVANCED ACCOUNTING

ChapterChapter Names
1Application of Accounting Standards
2Special Aspects of Company Accounts
3Reorganization and Liquidation of Companies
4Banking Companies and Non-Banking Financial Companies and regulatory requirements thereof
5Consolidated Financial Statements
6Dissolution of partnership firms

Paper 6– AUDITING AND ASSURANCE

ChapterChapter Names
1Nature, Objective and Scope of Audit
2Audit Strategy, Audit Planning and Audit Programme
3Audit Documentation and Audit Evidence
4Risk Assessment and Internal Control
5Fraud and Responsibilities of the Author in this Regard
6Audit in an Automated Environment
7Audit Sampling
8Analytical Procedures
9Audit of Items of Financial Statements
10The Company Audit
11Audit Report
12Audit of Banks
13Audit of Different Types of Entities

Paper 7– ENTERPRISE INFORMATION SYSTEM AND STRATEGIC MANAGEMENT

Section A– Enterprise Information System

ChapterChapter Names
1Automated Business Processes
2Financial and Accounting Systems
3Information Systems and its Components
4E-commerce, M-commerce and Emerging Technologies
5Core Banking Systems

Section B–Strategic Management

ChapterChapter Names
1Introduction to Strategic Management
2Dynamics of Competitive Strategy
3Strategy Management Process
4Corporate Level Strategies
5Business Level Strategies
6Functional Level Strategies
7Organization and Strategic Leadership
8Strategy Implementation and Control

Paper 8– FINANCIAL MANAGEMENT AND ECONOMICS FOR FINANCE

Part A– Financial Management

ChapterChapter Names
1Financial Management and Financial Analysis
2Financing Decisions
3Capital Investment and Dividend Decisions
4Management of Working Capital

Part B– Economics for Finance

ChapterChapter Names
1Determination of National Income
2Public Finance
3The Money Market
4International Trade
DOWNLOAD THE CA INTERMEDIATE SYLLABUS PDFHERE

ICAI CA Intermediate Subjects and Syllabus 2020- Frequently Asked Question. 

Question No-1 How many subjects are there in CA Intermediate? 

Answers- There are 8 Subjects in CA Intermediate. All of them are divided into 2 groups of 100 mark each. 

Question No-2 Is there any negative marking in the CA Intermediate Examination? 

Answers- No, there is no negative marking in the CA Intermediate Examination. 

Question No-3 What is the passing marks in the CA intermediate examination?

Answers- A Student who is appearing in the CA Intermediate examination have to score a minimum of 40% marks in each subject with this they also have to score an aggregate score of 50% in the examination. 

Question No-4 How many attempts are allowed for the CA Intermediate Examination? 

Answer– A CA Intermediate Students is allowed to give 8 Attempts of CA Intermediate Exam after that they have to renew their reregistration. 

Question No-5 When will CA Intermediate May 2020 Examination is going to be held?

Answer– ICAI has canceled the CA Intermediate May 2020 Examination. CA may 2020 Examination will be held in the month of Nov 2020.

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