CA Final Syllabus and Exam Pattern 2023 | Get Paper-Wise Syllabus and Exam Pattern

Download CA Final Ultimate Study Materials to Boost Preparation

CA Final Study Packages

CA Final Study Materials

CA Final Scanners

CA Final Combo Study Materials

1

Framework for Preparation and Presentation of Financial Statements 

2

Application of Indian Accounting Standards (Ind AS) 

3

Indian Accounting Standards on Group Accounting

4

Accounting and Reporting of Financial Instruments (as per Ind AS)

5

Analysis of Financial Statements 

6

Integrated Reporting 

7

Corporate Social Responsibility Reporting 

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

Start-up Finance

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

Audit of Limited Companies

6

Audit Reports

7

Audit Committee and Corporate Governance

8

Audit of Consolidated Financial Statements

9

Special features of an audit of Banks, Insurance & 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

1

The Companies Act, 2013

2

Corporate Secretarial Practice

1

The Securities Contract (Regulation) Act, 1956 and the Securities Contract (Regulation) Rules, 1957

2

The Securities Exchange Board of India Act, 1992

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

1

Introduction to Strategic Cost Management

2

Modern Business Environment

3

Lean System and Innovation

4

Cost Management Techniques

5

Cost Management for Specific Sectors

1

Decision Making 

2

Pricing Strategies/ Decisions 

1

Performance Measurement and Evaluation 

2

Divisional Transfer Pricing 

3

Strategic Analysis of Operating Income

1

Budgetary Control 

2

Standard Costing 

1

Case Study

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

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 

1

Transfer Pricing provisions under the Income-tax Act, 1961 

2

Other Provisions relating to the taxation of international transactions and non-resident taxation under the Income-tax Act, 1961 

3

Law and Procedures under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

1

Overview of Model Tax Conventions 

2

Tax treaties, Application, and Interpretation

3

Anti-Avoidance Measures 

4

Taxation of E-Commerce Transactions

1

World Trade Organization (WTO) covering its Role, Principles, Functions and Dispute Settlement Mechanism

2

Competition Act, 2002 and Rules/ Regulations

3

Real Estate (Regulation and Development) Act, 2016 [Central Act and Rules/ Regulations] 

4

Insolvency and Bankruptcy Code, 2016 and Rules/ Regulations 

5

Prevention of Money Laundering Act, 2002 and Rules/ Regulations

6

Foreign Exchange Management Act, 1999 and Rules/ Regulations

7

Prohibition of Benami Property Transactions Act, 1988 and Rules/ Regulations

1

Conceptual Framework for Financial Reporting as per IFRS

2

Application of International Financial Reporting Standards

3

Significant differences between IFRS and US GAAPs

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

1

Basis of charge, residential status, income which do not form part of total income, heads of income, the income of other persons included in assessor’s total income, aggregation of income, set-off and carry forward of losses, deductions from gross total income, rebates, and reliefs

2

Special provisions relating to companies and certain persons other than a company

3

Provisions relating to charitable and religious trust and institutions, political parties, and electoral trusts 

4

Tax Planning, Tax Avoidance & Tax Evasion

5

Collection & Recovery of Tax, Refunds

6

Income-tax Authorities, Procedure for assessment, Appeals and Revision

7

Settlement of Tax Cases, Penalties, Offences & Prosecution 

8

Liability in Special Cases

9

Miscellaneous Provisions and Other Provisions

1

Taxation of international transactions and Non-resident taxation

2

Overview of Model Tax Conventions – OECD & UN

3

Application and interpretation of Tax Treaties

4

Fundamentals of Base Erosion and Profit Shifting

1

Introduction to GST in India including Constitutional aspects

2

Levy and collection of CGST and IGST

3

Place of supply 

4

Time and Value of supply

5

Input tax credit

6

Computation of GST liability

7

Procedures under GST including registration, tax invoice, credit and debit notes, electronic waybill, accounts and records, returns, payment of tax including tax deduction at source and tax collection at source, refund, job work 

8

Liability to pay in certain cases 

9

Administration of GST; Assessment and Audit

10

Inspection, Search, Seizure, and Arrest

11

Demand and Recovery

12

Offenses and Penalties 

13

Advance Ruling

14

Appeals and Revision

15

Other provisions

1

Customs Law as contained in the Customs Act, 1962 and the Customs Tariff Act, 1975

2

Foreign Trade Policy to the extent relevant to the indirect tax laws 

Exam Highlights 

Details 

Mode of exam 

Pen paper-based exam 

Medium of exam

English, and Hindi

Duration of exam

Three hours (180 minutes) each paper

Total number of groups

Total two groups 

Types of questions

Both objective and subjective 

Exam conducting body

Institute of Chartered Accountants of India (ICAI)

Total number of papers 

Total eight papers as per both old and new syllabus

Frequency

Twice a year (May and November)

Marking scheme

100 marks on each paper 

Negative marking

No negative marking for wrong answers

Papers as per New CA Final Syllabus 

Papers as per Old CA Final Syllabus

Marks per paper 

Group – 1

Paper – 1 Financial Reporting

Paper – 1 Financial Reporting

Total 100 marks 

Paper – 2 Strategic Financial Management

Paper – 2 Strategic Financial Management

Total 100 marks 

Paper – 3 Advanced Auditing and Professional Ethics

Paper – 3 Advanced Auditing & Professional Ethics

Total 100 marks 

Paper – 4 Corporate and Economic Laws

Paper – 4 Corporate and Allied Laws

Total 100 marks 

Group – 2 

Paper – 5Strategic Cost Management and Performance Evaluation

Paper – 5 Advanced Management Accounting

Total 100 marks 

Paper – 6 A Risk Management

Paper – 6 Information Systems Control and Audit

Total 100 marks 

Paper – 6 B Financial Services and Capital Markets

Total 100 marks 

Paper – 6 C International Taxation

Total 100 marks 

Paper – 6 D Economic Laws

Total 100 marks 

Paper – 6 E Global Financial Reporting Standards

Total 100 marks 

Paper – 6 F Multidisciplinary Case Study

Total 100 marks 

Paper – 7 Direct Tax Laws and International Taxation

Paper – 7 Direct Tax Laws

Total 100 marks 

Paper – 8 Indirect Tax Laws

Paper – 8 Indirect Tax Laws

Total 100 marks