CA Intermediate SYLLABUS 2021 (UPDATED)

A CA aspirant enters into CA Intermediate either after clearing CA Foundation or after completing graduation from commerce stream with a minimum of aggregate 55% marks and from other streams with a minimum of aggregate 60% marks.

CA Intermediate is the second level exam of the CA course. It consists of 2 groups, 4 papers in each group (8 papers in total), 100 marks each.

CA Intermediate Both Group Papers at a glance:

                    GROUP 1

PAPERS                                  MARKS

ACCOUNTING                                                                                                                  100 Marks (SUBJECTIVE)

CORPORATE & OTHER LAWS                                                 100 Marks (30 MCQ    70: SUBJECTIVE)

TAXATION                                                                                                                     100 Marks (30: MCQ         70: SUBJECTIVE)

COST AND MANAGEMENT ACCOUNTING           100 Marks (SUBJECTIVE)

                      group 2

PAPERS                                       MARKS

ADVANCED ACCOUNTS                                                                             100 Marks (SUBJECTIVE)

AUDITING  &   ASSURANCE                                                                           100 Marks (30 MCQ    70: SUBJECTIVE)

EIS & SM*                                                                                                                                           100 Marks 

* Enterprise Information System                                                                 50   Marks (15 MCQ & 35 SUBJECTIVE)         

*Strategic Enterprise                                                                                                           50   Marks (15 MCQ & 35 SUBJECTIVE)         

FM & ECO*                                                                                                                                 100 Marks 

*Financial Management                                                                                                  60 Marks

*ECONOMICS                                                                                                                                          40 Marks

Paper 1

ACCOUNTING Syllabus for November 2021/ May 2022

Chapter 1: Introduction to Accounting Standards

Chapter 2: Framework for Preparation and Presentation of Financial Statements

Chapter 3: Overview of Accounting Standards
Unit 1: Applicability of Accounting Standards
Unit 2: Overview of Accounting Standards

Chapter 4: Financial Statements of Companies

Unit 1: Preparation of Financial Statements
Unit 2: Cash Flow Statement

Chapter 5: Profit or Loss Pre and Post Incorporation

Chapter 6: Accounting for Bonus Issue and Right Issue

Chapter 7: Redemption of Preference Shares

Chapter 8: Redemption of Debentures

Chapter 9: Investment Accounts

Chapter 10: Insurance Claims for Loss of Stock and Loss of Profit

Chapter 11: Hire Purchase and Instalment Sale Transactions

Chapter 12: Departmental Accounts

Chapter 13: Accounting for Branches Including Foreign Branches

Chapter 14: Accounts from Incomplete Records

Accounting Pronouncements

Part I: Framework for Preparation and Presentation of Financial Statements

Part II: Applicability of Accounting Standards to various entities

Part III: Accounting Standards

Paper 2

CORPORATE AND OTHER LAWS Syllabus for November 2021/ May 2022

Part I: Company Law

Chapter 1: Preliminary

Chapter 2: Incorporation of Company and Matters Incidental Thereto

Chapter 3: Prospectus and Allotment of Securities

Chapter 4: Share Capital and Debentures

Chapter 5: Acceptance of Deposits by Companies

Chapter 6: Registration of Charges

Chapter 7: Management & Administration

Chapter 8: Declaration and Payment of Dividend

Chapter 9: Accounts of Companies

Chapter 10: Audit and Auditors

Part II: Other Laws

Chapter 1: The Indian Contract Act, 1872

Unit 1: Contract of Indemnity and Guarantee
Unit 2: Bailment and Pledge
Unit 3: Agency

Chapter 2: The Negotiable Instruments Act, 1881

Chapter 3: The General Clauses Act, 1897

Chapter 4: Interpretation of Statutes

Paper 3 

COST AND MANAGEMENT ACCOUNTING Syllabus for November 2021/ May 2022
Chapter 1: Introduction to Cost and Management Accounting
Chapter 2: Material Cost
Chapter 3: Employee Cost
Chapter 4: Overheads: Absorption Costing Method
Chapter 5: Activity-Based Costing Chapter 6: Cost Sheet
Chapter 7: Cost Accounting System
Chapter 8: Unit & Batch Costing
Chapter 9: Job Costing and Contract Costing
Chapter 10: Process & Operation Costing
Chapter 11: Joint Products & By-Products
Chapter 12: Service Costing
Chapter 13: Standard Costing
Chapter 14: Marginal Costing
Chapter 15: Budget and Budgetary Control

Paper 4 

TAXATION Syllabus for November 2021/ May 2022 

 Sec-A: Income-tax Law

Chapter 1: Basic Concepts                                                                                                  Chapter 2: Residence and Scope of Total Income
Chapter 3: Incomes which do not form part of Total Income
Chapter 4: Heads of Income
Unit 1: Salaries
Unit 2: Income from House Property
Unit 3: Profits and Gains of Business or Profession
Unit 4: Capital Gains

Unit 5: Income from Other Sources
Chapter 5: Income of Other Persons included in Assessee’s Total Income
Chapter 6: Aggregation of Income, Set-off and Carry Forward of Losses
Chapter 7: Deductions from Gross Total Income
Chapter 8: Computation of Total Income and Tax Payable
Chapter 9: Advance Tax, Tax Deduction at Source and Introduction to Tax Collection at Source
Chapter 10: Provisions for filing Return of Income and Self-assessment 

Sec-B: Indirect Taxes 

Chapter 1: GST in India - An Introduction                                                            Chapter 2: Supply under GST                                                                                    Chapter 3: Charge of GST                                                                                            Chapter 4: Exemptions from GST                                                                                  Chapter 5: Time and Value of Supply                                                                         Unit I: Time of Supply                                                                                                 Unit II: Value of Supply                                                                                            Chapter 6: Input Tax Credit                                                                                            Chapter 7: Registration                                                                                                  Chapter 8: Tax Invoice: Credit and Debit Notes; E-way Bill                                Chapter 9: Payment of Tax                                                                                 Chapter 10: Returns

Paper 5 

ADVANCED ACCOUNTING Syllabus for November 2021/ May 2022

 Chapter 1: Application of Accounting Standards
Chapter 2: Partnership Accounts
Unit 1: Dissolution of Partnership Firms
Unit 2: Amalgamation, Conversion and Sale of Partnership Firms
Chapter 3: Accounting for Employee Stock Option Plans
Chapter 4: Buyback of Securities and Equity Shares with Differential Rights
Chapter 5: Amalgamation of Companies
Chapter 6: Internal Reconstruction
Chapter 7: Liquidation of Companies
Appendix: Schedule-III to The Companies Act, 2013
Chapter 8: Financial Statements of Banking Companies
Unit 1: Some Relevant Provisions of The Banking Regulations Act, 1949
Unit 2: Books of Accounts, Returns and Forms of Financial Statements
Unit 3: Capital Adequacy Norms
Unit 4: Income Recognition, Classification of Assets and Provisions
Unit 5: Some Special Transactions of Banks
Unit 6: Preparation of Financial Statements of Banks
Chapter 9: Non-Banking Financial Companies
Chapter 10: Consolidated Financial Statements
Accounting Pronouncements
Accounting Standards

Paper 6 

AUDITING AND ASSURANCE Syllabus for November 2021/ May 2022

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

Auditing Pronouncements
Announcements of the Council

Standards
SA 200-299
SA 300-399
SA 500-699
SA 700-799

Paper 7

ENTERPRISE INFORMATION SYSTEM AND STRATEGIC MANAGEMENT Syllabus for November 2021/ May 2022

Section-A: Enterprise Information Systems

Chapter 1: Automated Business Processes
Chapter 2: Financial and Accounting Systems
Chapter 3: Information Systems and its Components
Chapter 4: E-Commerce, M-Commerce and Emerging Technologies
Chapter 5: Core Banking Systems

Section-B: Strategic Management
Chapter 1: Introduction to Strategic Management
Chapter 2: Dynamics of Competitive Strategy
Chapter 3: Strategic Management Process
Chapter 4: Corporate-Level Strategies
Chapter 5: Business Level Strategies
Chapter 6: Functional Level Strategies
Chapter 7: Organisation and Strategic Leadership
Chapter 8: Strategy Implementation and Control

Paper 8

FINANCIAL MANAGEMENT AND ECONOMICS FOR FINANCE Syllabus for November 2021/ May 2022

Section-A: Financial Management                                                                        Chapter 1: Scope and Objectives of Financial Management

Chapter 2: Types of Financing
Chapter 3: Financial Analysis and Planning - Ratio Analysis Chapter 4: Cost of Capital
Chapter 5: Financing Decisions - Capital Structure
Chapter 6: Financing Decisions - Leverages
Appendix - Financial Tables
Chapter 7: Investment Decisions
Chapter 8: Risk Analysis in Capital Budgeting
Chapter 9: Dividend Decisions
Chapter 10: Management of Working Capital
Unit I: Introduction to Working Capital Management
Unit II: Treasury and Cash Management
Unit III: Management of Inventory
Unit IV: Management of Receivables
Unit V: Management of Payables (Creditors)
Unit VI: Financing of Working Capital
 

 Section-B: Economics for Finance

Chapter 1: Determination of National Income
Unit I: National Income Accounting
Unit II: The Keynesian Theory of Determination of National Income
Chapter 2: Public Finance
Unit I: Fiscal Functions: An Overview
Unit II: Market Failure
Unit III: Government Interventions to Correct Market Failure Unit IV: Fiscal Policy
Chapter 3: Money Market
Unit I: The Concept of Money Demand: Important Theories
Unit II: The Concept of Money Supply
Unit III: Monetary Policy
Chapter 4: International Trade
Unit I: Theories of International Trade
Unit II: The Instruments of Trade Policy
Unit III: Trade Negotiations
Unit IV: Exchange Rate and Its Economic Effects
Unit V: International Capital Movements

The complete syllabus for November 2021/ May 2022 is given in detail. After referring to the syllabus given above, download the study material from the official website of ICAI. Then, kick start your preparation and be ready for the examinations. 

CA aspirants, you can also refer to our YouTube channel “CA Intermediate Grooming Education Academy”, also if you want to get an ALL INDIA RANK (AIR), you can enrol in our course, which also includes: video lectures, live doubt sessions, weekly test series, MTPs, RTPs, Past examinations, Perfect Revision Book and much more. 

Click on the link below: https://www.escholars.in/s/store/courses/CA%20Inter 

 Our team hopes it will be of great help to you.

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