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Looking for the CA Final Subjects 2023? 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 2023 and can also go through the CA final syllabus 2023. The CA final Subjects 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 check out the new course C. A final subject for 2023 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 2023 (New Course) The CA final Syllabus is further divided into 4 subjects in each group which 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 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) 1 Conceptual Framework for Financial Reporting Under Indian Accounting Standards 2 Ind AS on Presentation of General Purpose Financial Statements 3 Ind AS 115: Revenue from Contracts with Customers 4 Ind AS on Measurement based on Accounting Policies 5 Other Indian Accounting Standards 6 Ind AS 101: First-time Adoption of Ind AS 7 Ind AS on Assets of the Financial Statements 8 Ind AS 41: Agriculture 9 Ind AS on Liabilities of the Financial Statements 10 Ind AS on Items impacting the Financial Statements 11 Ind AS on Disclosures in the Financial Statements 12 Accounting and Reporting of Financial Instruments Download ICAI CA Final Financial Reporting Syllabus Paper 2: Strategic Financial Management (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 Download CA Final Strategic Financial Management Syllabus Paper 3: Advanced Auditing and Professional Ethics (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 Company Audit 6 Audit Reports 7 Audit Committee and Corporate Governance 8 Audit of Consolidated Financial Statements 9 Audit of Banks 10 Audit Of Insurance Company 10 Audit of 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 Download ICAI 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 1 Appointment and Qualifications of Directors 2 Appointment and Remuneration of Managerial Personnel 3 Meetings of Board and Its Powers 4 Inspection, Inquiry and Investigation 5 Compromises, Arrangements and Amalgamations 6 Prevention of Oppression and Mismanagement 7 Winding Up 8 Producer Companies 9 Companies Incorporated 10 Miscellaneous Provisions 11 Compounding of Offences, Adjudication, Special Courts 12 National Company Law Tribunal and Appellate Tribunal 13 Corporate Secretarial Practice – Drafting of Notices, Resolutions, Minutes and Reports Section B: Securities Laws 1 The Securities Contract (Regulation) Act, 1956 and the Securities Contract (Regulation) Rules, 1957 2 The Securities Exchange Board of India Act, 1992, and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 Part II: Economic Laws (30 Marks) 1 The Foreign Exchange Management Act, 1999 2 The Securitisation and Reconstruction of Financial Assets and Enforcement of Security 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 Download ICAI 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 1 Introduction to Strategic Cost Management 2 Modern Business Environment 3 Lean System and Innovation 4 Cost Management Techniques 5 Decision Making 6 Pricing Decision Part B: Performance Evaluation and Control Sub Part I: Performance Evaluation and Reporting 1 Performance Measurement and Evaluation 2 Divisional Transfer Pricing 3 Strategic Analysis of Operating Income 4 Budgetary Control 5 Standard Costing Part C: Case Study 1 Case Study Download ICAI CA Final Paper 5 Syllabus 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 Download ICAI CA Final Risk Management Syllabus Paper 6B: Financial Services and Capital Markets (100 Marks) 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 a 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 Download ICAI 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 1 Transfer Pricing 2 Non- resident Taxation 3 Double Taxation Relief 4 Advance Ruling 5 An overview of the Black Money and the Imposition of Tax law 6 Taxation of E- Commerce Transaction 7 Tax Treaties: Overview, Features, Application and Interpretation 8 Anti Avoidance Measures 9 Overview of Model Tax Conventions Download ICAI CA Final International Taxation Syllabus Paper 6D: Economic Laws (100 Marks) 1 The Competition Act, 2002 2 The Real Estate (Regulation & Development) ACT, 2016 3 The Insolvency and Bankruptcy Code, 2016 4 The Prevention of Money Laundering Act, 2002 5 The Foreign Exchange Management Act, 1999 6 Prohibition of Benami Property Transactions Act, 1988 7 The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) Download ICAI CA Final Economic Law Syllabus 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 Laws and International Taxation (100 Marks) Part I: Direct Tax Laws (70 Marks) 1 Basic Concepts 2 Residence and Scope of total Income 3 Income which do not form part of Total Income 4 Salaries 5 Income of House Party 6 Profits and Gains of Business or Profession 7 Capital Gains 8 Income from other sources 9 Income of Other Persons included in assessee's Total Income 10 Aggregation of Income, Set-Off and Carry Forward of Losses 11 Deductions from Gross Total Income 12 Assessment of Various Entities 13 Charitable or Religious Trusts and Institutions, Political Parties and Electoral Trusts 14 Tax Planning, Tax Avoidance & Tax Evasion 15 Deduction, Collection and Recovery of Tax 16 Income-tax Authorities 17 Assessment Procedure 18 Appeals and Revision 19 Dispute Resolution 20 Penalties 21 Offences and Prosecution 22 Liability in Special Cases 23 Miscellaneous Provisions Part II: International Taxation (30 Marks) 1 Transfer Pricing and Other Provisions to check Avoidance of Tax 2 Non Resident Taxation 3 Double Taxation Relief 4 Advance Rulings 5 Equalisation Levy 6 Application and Interpretation of Tax Treaties 7 Fundamentals of Base Erosion and Profit Shifting 8 Overview of Model Tax Conventions Download ICAI CA Final Paper 7 Syllabus Paper 8: Indirect Tax Laws (100 Marks) Part I: Goods and Services Tax (75 Marks) 1 GST in India - An Introduction 2 Supply under GST 3 Charge of GST 4 Exemptions from GST 5 Place of Supply 6 Time of Supply 7 Value of Supply 8 Input Tax Credit 9 Registration 10 Tax Invoice, Credit and Debit Notes 11 Accounts and Records; E-way Bill 12 Payment of Tax 13 Import And Export Under GST 14 Refunds 15 Job Work 16 Assessment And Audit 17 Inspection, Search, Seizure And Arrest 18 Demands And Recovery 19 Liability to Pay in Certain Cases 20 Offences And Penalties 21 Appeals And Revisions 22 Advance Ruling 23 Miscellaneous Provisions Part II: Customs & FTP (25 Marks) 1 Levy of and Exemptions from Customs Duty 2 Types of Duty 3 Classification of Imported and Export Goods 4 Valuation under the Customs Act 1962 5 Importation, Exportation and Transportation of Goods 6 Warehousing 7 Duty Drawback 8 Refund 9 Foreign 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 Paper-1: Financial Reporting Paper-2: Strategic Financial Management Paper-2: Strategic Financial Management Paper-3: Advanced Auditing and Professional Ethics Paper-3: Advanced Auditing and Professional Ethics Paper-4: Corporate and Economic Law Paper-4: Corporate and Allied Laws Section-A:Company Law Section-B: Allied Laws Group 2 Paper-5: Strategic Cost Management and Performance Evaluation Paper-5: Advanced Management Accounting Paper-6A: Risk Management Paper-6: Information Systems Control and Audit 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 Laws Tax and International Taxation Paper-7: Direct Tax Laws Paper-8: Indirect Tax Laws Page-8: GST & Customs CA Final Syllabus 2023 ICAI has announced the new scheme CA final syllabus for 2023 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 2023 in a pdf format. Frequently Asked Questions for CA Final Subjects 2023 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.