The Institute of Chartered Accountants of India (ICAI) has unveiled the CA Syllabus 2024 for the Intermediate, Final, and Foundation exams. The syllabus provides a comprehensive breakdown of topics for each paper in CA Foundation, CA Intermediate, and CA Finals.
The Institute of Chartered Accountants of India (ICAI) has introduced the CA Syllabus 2024, encompassing key subjects such as taxation, auditing, and business law. The CA program comprises three stages: CA Foundation, CA Intermediate, and CA Final.
Aspiring CA candidates are required to successfully clear examinations at each of these levels to attain the professional certification. This article delves into the syllabus details for CA Foundation, CA Intermediate, and CA Final, offering a thorough understanding of the curriculum.
CA Syllabus 2024 Highlights
To qualify for the CA exam, candidates must diligently cover the syllabus for their chosen course within the stipulated time frame. The ICAI CA exams, comprising Foundation, Intermediate, and Final courses, are conducted biannually in May-June and November-December.
Candidates can enroll for the CA exam based on their eligibility and the level of their chosen course. It is crucial to understand that progression to the next course level is contingent upon successfully clearing the current level. Advancement to the next CA course level requires candidates to secure passing marks or higher in all current level papers, with a minimum aggregate of 50 percent (40 percent in each paper).
For graduates aspiring to pursue the CA course, direct enrollment in the CA Intermediate course is an option. Here, we present the key points of the ICAI CA syllabus 2024 for all three course levels.
| Exam Name | Chartered Accountancy (CA) exam |
|---|---|
| Exam Conducting Body | ICAI (Institute of Chartered Accountants of India) |
| Exam Mode | Computer-based test mode |
| Exam Levels | – CA Foundation – CA Intermediate – CA Final |
| Number of Papers | – CA Foundation: 4 – CA Intermediate: 6 – CA Final: 6 |
| Frequency | Twice in a year – May and November |
| Level of Difficulty | Moderate to tough |
| Number of Attempts | Multiple |
CA Eligibility Criteria
Eligibility criteria for the CA exam include:
- Successful completion of 10th and 10+2 from a recognized Board.
- Attainment of at least 50% marks in 10+2, with a preference for a Commerce background.
- No age limit is imposed for applying to the CA Foundation course.
CA Foundation Syllabus 2024
The CA Foundation program is structured into four key sections, each dedicated to specific subjects. The following is a compilation of the subjects you are required to study for each of the four papers within the CA Foundation syllabus. Success in the exam necessitates a comprehensive understanding of the CA syllabus and proficiency in these subjects throughout your course.
CA Foundation Paper 1: Principles and Practice of Accounting
The CA Foundation Paper 1 consists of two modules with a total of 10 chapters. Here’s a list of the chapter names for your reference:
CA Foundation Syllabus for Paper 1
CA Foundation Module-1
- Chapter 1: Theoretical Framework
- Chapter 2: Accounting Process
- Chapter 3: Bank Reconciliation Statement
- Chapter 4: Inventories
- Chapter 5: Concept and Accounting of Depreciation
- Chapter 6: Accounting for Special Transactions
CA Foundation Module-2
- Chapter 7: Preparation of Final Accounts of Sole Proprietors
- Chapter 8: Partnership Accounts
- Chapter 9: Financial Statements of Not-for-Profit Organizations
- Chapter 10: Company Accounts
CA Foundation Paper-2: Business Laws and Business Correspondence and Reporting
The CA Foundation exam is structured into two main sections. Section 1 comprises 5 papers, while Section 2 encompasses 13 papers. To adequately prepare for the exam, it’s essential to cover specific chapters within a set timeframe to meet the eligibility criteria for the Foundation exam.
CA Foundation Syllabus for Paper-2
Paper 1 Sec A: Business Laws
- Chapter 1: The Indian Contract Act, 1872
- Chapter 2: The Sale of Goods Act, 1930
- Chapter 3: The Indian Partnership Act, 1932
- Chapter 4: The Limited Liability Partnership Act, 2008
- Chapter 5: The Companies Act, 2013
Paper 2 Sec B: Business Correspondence and Reporting
- Chapter 1: Communication
- Chapter 2: Sentence Types and Direct-Indirect, Active-Passive Speech
- Chapter 3: Vocabulary
- Chapter 4: Comprehension Passages
- Chapter 5: Note Making
- Chapter 6: Introduction to Basics of Writing
- Chapter 7: Precis Writing
- Chapter 8: Article Writing
- Chapter 9: Report Writing
- Chapter 10: Writing Formal Letters and Official Communication
- Chapter 11: Writing Formal Mails
- Chapter 12: Resume Writing
- Chapter 13: Meetings
CA Foundation Paper-3: Business Mathematics, Logical Reasoning and Statistics
The CA Foundation Paper 3 is segmented into three parts. Part A comprises 8 chapters, Part B encompasses 5 chapters, and Part C contains 6 chapters. Let’s explore the names of these chapters:
CA Foundation Syllabus for Paper-3
Part A: Business Mathematics
- Chapter 1: Ratio and Proportion, Indices, Logarithms
- Chapter 2: Equations and Matrices
- Chapter 3: Linear Inequalities
- Chapter 4: Time Value of Money
- Chapter 5: Basic Concepts of Permutations and Combinations
- Chapter 6: Sequence and Series – Arithmetic and Geometric Progressions
- Chapter 7: Sets, Functions and Relations
- Chapter 8: Basic Concepts of Differential and Integral Calculus
Part B: Logical Reasoning
- Chapter 9: Number Series, Coding and Decoding and Odd Man Out
- Chapter 10: Direction Tests
- Chapter 11: Seating Arrangements
- Chapter 12: Blood Relations
- Chapter 13: Syllogism
Part C: Statistics
- Chapter 14: Statistical Description of Data
- Chapter 15: Measures of Central Tendency and Dispersion
- Chapter 16: Probability
- Chapter 17: Theoretical Distributions
- Chapter 18: Correlation And Regression
- Chapter 19: Index Number and Time Series
CA Foundation Paper-4: Business Economics and Business and Commercial Knowledge
The CA Foundation Paper 4 is divided into two parts. Part 1 consists of 5 chapters, while Part 2 comprises 6 chapters. Here are the names of the chapters in the CA Syllabus:
CA Foundation Syllabus for Paper-4
Part I: Business Economics
- Chapter 1: Nature & Scope of Business Economics
- Chapter 2: Theory of Demand and Supply
- Chapter 3: Theory of Production and Cost
- Chapter 4: Meaning and Types of Markets
- Chapter 5: Business Cycles
Part II: Business and Commercial Knowledge
- Chapter 1: Business and Commercial Knowledge – An Introduction
- Chapter 2: Business Environment
- Chapter 3: Business Organizations
- Chapter 4: Government Policies for Business Growth
- Chapter 5: Organizations Facilitating Business
- Chapter 6: Common Business Terminologies
CA Intermediate Syllabus 2024
The CA Intermediate program comprises two groups, encompassing a total of six papers. The detailed CA Intermediate syllabus is outlined in the table below:
| Group I | Group II |
|---|---|
| Paper – 1: Advanced Accounting | Paper – 4: Cost and Management Accounting |
| Paper – 2: Corporate and Other Laws | Paper – 5: Auditing and Ethics |
| Paper – 3: Taxation | Paper – 6: Financial Management and Strategic Management |
CA Final Syllabus 2024
At the CA Intermediate level, this stage also consists of 6 papers totaling 600 marks. The CA Final syllabus is notably more extensive than the other two levels of this exam. Section 6 of this exam is divided into 6 sub-parts, reflecting its comprehensive nature. Let’s explore each part one by one, along with their topics and sub-topics of the CA syllabus. This marks the final stage of the struggle for all CA candidates.
CA Syllabus for CA Final Course
| Paper | Paper Name |
|---|---|
| Paper 1 | Financial Reporting |
| Paper 2 | Advanced Financial Management |
| Paper 3 | Advanced Auditing, Assurance And Professional Ethics |
| Paper 4 | Direct Tax Laws & International Taxation |
| Paper 5 | Indirect Tax Laws |
| Part I | Goods and Services Tax |
| Part II | Costumes & FTP |
| Paper 6 | Integrated Business Solutions |
| (Multi-Disciplinary Case Study With Strategic Management) |
CA Syllabus 2024 FAQs
FAQs
1. What is the number of papers in each level of the CA exam?
- CA Foundation: 4 papers
- CA Intermediate: 6 papers
- CA Final: 6 papers
- Candidates must achieve a minimum of 40% in each paper to pass the exam.
2. How often are the CA exams conducted?
- The ICAI CA exams, covering Foundation, Intermediate, and Final courses, are conducted twice a year in May-June and November-December.
3. Who gives the CA Certification?
- The Institute of Chartered Accountants of India (ICAI) manages all aspects of the CA certification, including fee determination, subject finalization, and eligibility criteria.
4. Can graduates enroll directly in the CA Intermediate course?
- Yes, graduates are eligible to directly enroll in the CA Intermediate course.
5. Who is eligible to take the CA exam?
- Students who have completed Class 12 from any of the three streams are eligible for the CA Foundation exam. Graduate students can directly appear for the CA Intermediate exam.