CA Intermediate

ICAI CA Intermediate Syllabus (New Course) May 2021- Updated

ICAI-CA-Intermediate-Syllabus

Hey CA Aspirant! In this article, we are providing you all the details of the CA Intermediate Syllabus 2021 and the Subject of the 2021 session. All these updates are applicable for the student who eligible for the advanced CA Intermediate examination or register themselves for the newly revised CA IPCC syllabus 2021. CA Intermediate is the second milestone in the way of chartered accountant.

ICAI has made many changes in the CA Inter syllabus 2021 and students can download the revised version of the CA syllabus 2021 PDF from the below article.

Students can also Check CA Intermediate May 2021 Time Table and Date Sheet here and download your Admit Card for CA Intermediate from CA Wizard.

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 will be eight papers according to the CA Inter Subjects. However, the old course had only seven papers. Earlier there was a single paper for Cost and Financial management which has now two separate papers.

CA Inter Syllabus and CA Intermediate subjects are the first things that a CA Intermediate student goes through while preparing for the CA Intermediate Examination. Don’t worry below we have provided you all the latest updates of the ICAI CA Intermediate Syllabus and CA Intermediate Subject. Hence appearing students can also Download the CA Intermediate  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 Examination.

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

Also Read: ICAI Announced the CA Intermediate Exam form and CA IPCC Exam Form 2021 Check Now.

Get the latest update of this article.

    CA Intermediate Examination Overview May 2021

    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

    Latest Syllabus of CA Intermediate May 2021 (New Scheme)

    Paper 1– ACCOUNTING

    CA intermediate accounting syllabus consists of a total of 6 chapters. For the preparation of CA intermediate exams, students have to go through each and every chapter.

    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

    CA intermediate law syllabus consists of two parts: Company Law and Other Laws. Given below is the detailed syllabus of both parts.

    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

    The detailed CA intermediate cost and management accounting syllabus is given below:

    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

    Given below is the detailed syllabus of Taxation which is the fourth paper for CA intermediate. Taxation is divided into two parts: Income tax law and Indirect taxes.

    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

    The CA intermediate syllabus of  advanced accounting  is given below:

    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

    The CA intermediate auditing and assurance syllabus is as follows:

    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

    The enterprise information system and strategic management system syllabus for the CA intermediate exam 2021 is given below. It consists of two sections. Section A- Enterprise Information System and Section B- 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

    The financial management and economics for finance syllabus for May 2021 are given below: 

    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

    Download the Latest CA Intermediate Syllabus for May 2021

    CA Intermediate New Syllabus for May 2021Download

    Also, Download CA Intermediate Study Material from the given Link

    ICAI CA Intermediate Syllabus ( New Course) Updates May 2021

    The Institution of Chartered Accountant of India has issued the notification regarding the change in syllabus of the CA Intermediate May 2021 Examination. ICAI has done some addition and Modification in a CA Intermediate  Syllabus May 2021

    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 May 2021

    Below are all the latest updates in the CA Intermediate May 2021 syllabus. 

    • Paper 1 Accounting topics have been shifted to Paper 5 advanced accounting. 
    • ICAI has added dissolution of Partnership firms including piecemeal distribution of assets 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 May 2021 

    Below are the topics which are removed from the ICAI for CA Intermediate (New Couse) May 2021 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  May 2021 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.

    ICAI CA Intermediate Marks Distribution 2021

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

    PaperSubjectSectionMarksType
    Paper 1Accounting (100 Marks)Descriptive
    Paper 2Corporate Laws and Other Laws  70% Descriptive 30% Objective
      Corporate Laws(60 Marks) 
      Other Laws(40 Marks) 
    Paper 3Cost and Management Accounting (100 Marks)Descriptive
    Paper 4Taxation  70% 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 Management  70% Descriptive 30% Objective
      Enterprise Information System(50 Marks) 
      Strategic Management(50 Marks) 
    Paper 8Financial Management and Economics for Finance  Descriptive
      Financial Management(60 Marks) 
      Economics for Finance(40 Marks) 
     
    For complete and detailed Section-Wise Weightage- VISIT HERE

    ICAI CA Intermediate Syllabus and Subjects 2021- 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 marks 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 are 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 student 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 2021 Examination is going to be held?

    Answer– ICAI has canceled the CA Intermediate May 2021 Examination. CA May Examination will be held in the month of May 2021 from 22nd May 2021.

    You Might Also Like

    Leave a Reply

    Your email address will not be published.

    You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>