CA Intermediate Syllabus 2020 (Nov Session) - Weightage, Topics and Sub topics, Exam Pattern
CA Intermediate Syllabus 2020- ICAI has released the CA Intermediate 2020 syllabus for November Session. The syllabus of CA Intermediate contains important topics and subjects. Thus, CA Intermediate syllabus 2020 is the first thing to be referred by candidates aspiring to appear for the upcoming session. The CA Intermediate November syllabus contains all the topics and sub-topics in a very clear manner for both group 1 and 2 respectively. The ICAI website also contains ICAI CA Intermediate syllabus pdf in a downloadable manner in the Board of Studies knowledge portal, while all the topics covered have been mentioned under. Hence, candidates going to appear for CA Intermediate 2020 may go through exam pattern, weightage, etc. along with CA Intermediate syllabus for May 2020.
Latest: CA Intermediate admit card 2020 released for November cycle II to be conducted in January. Check the revised CA Inter Exam Centres
CA Intermediate Syllabus 2020 - Distribution of Marks
There are a total 8 subjects distributed amongst 2 groups of CA Intermediate making it 4 papers under one group. Each paper holds 100 marks out of which, at least 40% marks have to be scored in individual paper and the overall aggregate should not be less than 50%.
CA Intermediate Weightage of Marks
CA Intermediate Subjects
CA Inter Group 1
Paper 1- Accounting
Paper 2- Corporate and Other Laws
Section A- 60 Marks
Section B- 40 Marks
Paper 3- Cost And Management Accounting
Paper 4- Taxation
Section A- 60 Marks
Section B- 40 Marks
CA Inter Group 2
Paper 5- Advanced Accounting
Paper 6- Auditing and Assurance
Paper 7- Enterprise Information Systems and Strategic Management
Section A- 50 Marks
Section B- 50 Marks
Paper 8 - Financial Management and Economics for Finance
Section A- 60 Marks
Section B- 40 Marks
CA Intermediate Exam Pattern 2020
Along with the CA Intermediate syllabus 2020, candidates should also check the exam pattern. There is a specific exam pattern for students of CA Intermediate 2020 to be kept in mind during preparation. They recently introduced a rule of inculcating objective questions along with the descriptive ones has brought in demand for more focus on understanding the concepts amongst students.
CA Intermediate Exam Pattern
Pen and paper based
Type of question
Objective cum subjective
3 hours per paper
Medium of Exam
Number of Papers
Number of Marks
100 per paper
CA Inter Syllabus 2020
ICAI has released the CA Intermediate syllabus November 2020 on the official website and thus, students planning to appear in the upcoming November 2020 session are advised to go through all the topics. The exam preparation should go hand in hand with the prevailing CA Intermediate for students appearing in one group at a time or both groups at the same time. Students should always check that the CA Inter 2020 syllabus should be relevant to the session they are appearing for.
CA Intermediate Syllabus 2020 for Group 1
Paper 1 - Accounting
Process of formulation of Accounting Standards including Ind AS (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve outs.
Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards)
Applications of Accounting Standards:
A.S. 1- Disclosure of Accounting Policies
A.S. 2- Valuation of Inventories
A.S. 3- Cash Flow Statements
A.S. 10- Property, Plant and Equipment
A.S. 11- The Effects of Changes in Foreign Exchange Rates
A.S. 12- Accounting for Government Grants
A.S. 13- Accounting for Investments
A.S. 16- Borrowing Costs
Preparation of financial statements – Statement of Profit and Loss, Balance Sheet and Cash Flow Statement;
Profit (Loss) prior to incorporation;
Accounting for bonus issue and right issue;
Redemption of preference shares;
Redemption of debentures
Accounting for Special Transactions:
Insurance claims for loss of stock and loss of profit;
Hire- purchase and Instalment sale transactions
Special Type of Accounting
Accounting for Branches including foreign branches;
Accounts from Incomplete Records
Paper 2 - Corporate and Other Laws
Part 1- Company Laws
The Companies Act, 2013 – Sections 1 to 148
Incorporation of Company and Matters Incidental thereto
Prospectus and Allotment of Securities
Share Capital and Debentures
Acceptance of Deposits by companies
Registration of Charges
Management and Administration
Declaration and payment of Dividend
Accounts of Companies
Audit and Auditors
Part 2- Other Laws
The Indian Contract Act, 1872 (Specific contracts covered from section 123 onwards):
Contract of Indemnity and Guarantee,
The Negotiable Instruments Act, 1881:
Meaning of Negotiable Instruments,
Classification of Instruments,
Different provisions relating to Negotiation,
Right and Obligation of parties,
Presentment of Instruments,
Rules of Compensation
The General Clauses Act, 1897:
Extent and Applicability,
General Rules of Construction,
Powers and Functionaries,
Provisions as to Orders, Rules, etc. made under Enactments,
Interpretation of statutes:
Rules of Interpretation of statutes,
Aids to interpretation,
Rules of Interpretation/construction of Deeds and Documents
Paper 3 - Cost and Management Accounting
Overview of Cost and Management Accounting
Introduction to Cost and Management Accounting
Objectives and Scope of Cost and Management Accounting,
The users of Cost and Management accounting information, Functions of management accounting.
Role of cost accounting department in an organisation and its relation with other departments.
Installation of Costing System
Relationship of Cost Accounting, Financial Accounting, Management Accounting and Financial Management.
Cost terms and Concepts
Cost Reduction and Cost Control
Elements of Costs
Cost behavior pattern, Separating the components of fixed, variable, semi- variable and step costs.
Methods of Costing, Techniques of Costing.
Cost Accounting with the use of Information Technology
Elements of Cost and preparation of Cost Sheets
Functional classification and ascertainment of cost
Preparation of Cost Sheets for the Manufacturing sector and for the Service sector
Ascertainment of Cost and Cost Accounting System
Procurement procedures- Stored procedures and documentation in respect of receipts and issue of stock, Stock verification,
Valuation of material receipts,
Techniques of fixing the level of stocks- minimum, maximum, reorder point, safety stock, determination of optimum stock level,
Determination of Optimum Order quantity- Economic Order Quantity (EOQ)
Techniques of Inventory control- ABC Analysis, Fast, Slow moving and Non-moving (FSN), High, Medium, Low (HML), Vital, Essential, Desirable (VED), Just-in-Time (JIT)- Stock taking and perpetual inventory system, use of control ratios,
Attendance and Payroll procedures
Employee Cost Control
Employee Turnover- Methods of calculating employee turnover, causes of employee turnover, effects of employee turnover
Utilisation of Human Resource, Direct and indirect employee Cost, charging of employee cost, Identifying employee hours with work orders or batches or capital jobs.
Remuneration systems and incentive schemes- Premium Bonus Method (Halsey Plan and Rowan Plan)
Functional analysis- Factory, Administration, Selling, Distribution, Research and Development
Behavioural analysis- Fixed, Variable and Semi- Variable
Allocation and Apportionment of overheads using Absorption Costing Method
Factory Overheads- Primary and secondary distribution,
Administration Overheads- Method of allocation to cost centres or products,
Selling & Distribution Overheads- Analysis and absorption of the expenses in products/ customers, the impact of marketing strategies, cost effectiveness of various methods of sales promotion.
Treatment of Research and development cost in cost accounting
Concepts of Activity Based Costing (ABC)
Recording and Accounting of Costs
Non-integrated Cost Accounting system- Ledger under the non-integral system
Integrated (Cost and Financial) Accounting system - Ledgers under an integral system
Difference between the Non- integrated and Integrated Accounting system
Reconciliation of profit as per Cost and Financial Accounts (under Non- Integrated Accounting System)
Methods of Costing
Single Output/ Unit Costing
Job Costing: Job cost cards and databases, collecting direct costs of each job, attributing overheads to jobs, Application of job costing
Batch Costing: Determination of optimum batch quantity, Ascertainment of cost for a batch, Preparation of batch cost sheet, Treatment of spoiled and defective work.
Ascertainment of cost of a contract, Progress payment, Retention money Escalation clause, Cost plus contract, Value of work certified, Cost of Work not certified.
Determination Value of work certified, Cost of work not certified, Notional or Estimated profit from a contact
Process/ Operation Costing
Process cost recording, Process loss, Abnormal gains and losses, Equivalent units of production, Inter-process profit, Valuation of work in process.
Joint Products- Apportionment of joint costs, Methods of apportioning joint cost over joint products,
By-Products- Methods of apportioning joint costs over by-products, treatment of By-product cost
Costing of Service Sectors
Determination of Costs and Prices of services
Cost Control and Analysis
Setting up of Standards, Types of Standards, Standard Costing as a method of performance measurement.
Calculation and Reconciliation of Cost Variances
Material Cost Variance
employee Cost Variance
Variable Overheads Variance
Fixed Overhead Variance
Basic concepts of marginal costing, Contribution margin, Break-even analysis, Break –even and profit volume charts, Contribution to sales ratio, Margin of Safety, Angle of Incidence, Cost-Volume-Profit Analysis (CVP), Multi- product break- even analysis, Consideration of Limiting factor (key factor),
Determination of Cost of a product/ service under marginal costing method, determination of cost of finished goods, work-in-progress,
Comparison of Marginal costing with absorption costing method- Reconciliation of profit under both methods,
Short term decision making using the above concepts (basic/fundamental level).
Budget and Budgetary Control
Meaning of Budget, Essentials of Budget, Budget Manual, Budget setting process, Preparation of Budget and monitoring procedures.
The use of budget in planning and control
Flexible budget, Preparation of Functional budget for operating and non- operating functions, Cash budget, Master budget,
Introduction to Principal/ Key budget factor, Zero Based Budgeting (ZBB), Performance budget, Control ratios and Budget variances.
Paper 4 - Taxation
Section A- Income Tax Law
Income-tax law: An introduction
Important definitions in the Income-tax Act, 1961
Concept of the previous year and assessment year
Basis of Charge and Rates of Tax
Residential status and scope of total income
Scope of total income
Incomes which do not form part of total income (other than charitable trusts and institutions, political parties and electoral trusts)
Incomes not included in total income
Tax holiday for newly established units in Special Economic Zones
Heads of income and the provisions governing computation of income under different heads
Income from house property
Profits and gains of business or profession
Income from other sources
Income of other persons included in assessee's total income
Clubbing of income: An introduction
Transfer of income without transfer of assets
Income arising from the revocable transfer of assets
Clubbing of income arising to a spouse, minor child and son’s wife in certain cases
Conversion of self-acquired property into property of HUF
Aggregation of income; Set-off, or carry forward and set-off of losses
Aggregation of income
Concept of set-off and carry forward and set-off of losses
Provisions governing set-off and carry forward and set-off of losses under different heads of income
Order of set-off of losses
Deductions from gross total income
Deductions in respect of certain payments
Specific deductions in respect of certain income
Deductions in respect of other income
Computation of total income and tax liability of individuals
Income to be considered while computing the total income of individuals
Procedure for computation of total income and tax liability of individuals
Advance tax, tax deduction at source and introduction to tax collection at source
Provisions concerning the deduction of tax at source
Advance payment of tax
Interest for defaults in payment of advance tax and deferment of advance tax
Tax collection at source – Basic concept
Tax deduction and collection account number
Provisions for filing return of income and self-assessment
Return of Income
Compulsory filing of return of income
Fee and Interest for default in furnishing return of income
Return of loss
Provisions relating to belated return, revised return etc.
Permanent account number
Persons authorized to verify the return of income
Section B- Indirect Laws
Concept of indirect taxes
Concept and features of indirect taxes
Principal indirect taxes
Goods and Services Tax (GST) Laws
GST Laws: An introduction including Constitutional aspects
Levy and collection of CGST and IGST
Application of CGST/IGST law
Concept of supply including composite and mixed supplies
Charge of tax including reverse charge
Exemption from tax
Basic concepts of time and value of supply
Input tax credit
Computation of GST liability
Tax invoice; Credit and Debit Notes; Electronic way bill
Payment of tax
CA Intermediate Syllabus Group 2
Paper 5 - Advanced Accounting
Application of Accounting Standards:
AS 4: Contingencies and Events Occurring After the Balance Sheet Date
AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
AS 7: Construction Contracts
AS 9: Revenue Recognition
AS 14: Accounting for Amalgamations
AS 17: Segment Reporting
AS 18 : Related Party Disclosures
AS 19: Leases
AS 20 : Earnings Per Share
AS 22 : Accounting for Taxes on Income
AS 24 : Discontinuing Operations
AS 26: Intangible Assets
AS 29 : Provisions, Contingent Liabilities and Contingent Assets.
Special Aspects of Company Accounts
Accounting for employee stock option plan;
Buy back of securities;
Equity shares with differential rights.
Reorganization and liquidation of Companies
Accounting for amalgamation (excluding inter-company holding) and reconstruction;
Accounting involved in liquidation of companies
Banking Companies and Non-Banking Financial Companies and regulatory requirements thereof.
Consolidated Financial Statements
Concept of consolidation and simple problems on Consolidated Financial Statements with single subsidiary (excluding problems involving the acquisition of Interest in Subsidiary at Different Dates; Different Reporting Dates of Holding and Subsidiary; Disposal of a Subsidiary and Foreign Subsidiaries).
Dissolution of partnership firms including piecemeal distribution of assets; Amalgamation of partnership firms; Conversion of partnership firm into a company and Sale to a company; Issues related to accounting in Limited Liability Partnership.
Paper 6 - Auditing and Assurance
Nature, Objective and Scope of Audit
Auditing Concepts: Nature, objective and scope of Audit; Relationship of auditing with other disciplines;
Standard Setting Process: Overview, Standard-setting process, Role of International Auditing and Assurance Standards Board (IAASB) & Auditing and Assurance Standards Board (AASB); Standards on Auditing, Guidance Note(s) issued by the ICAI;
Engagement Standards: Qualities of Auditor, Elements of System of Quality Control (SQC 1 Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Services Engagements); Ethical requirements relating to an audit of financial statements; Inherent Limitations of an audit (SA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing); Preconditions for an audit; Audit Engagement; Agreement on Audit Engagement Terms; Terms of Engagement in Recurring Audits (SA 210 Agreeing to the Terms of Audit Engagements); Leadership Responsibilities for Quality on Audits; Concept of Auditor’s Independence; Threats to Independence; Acceptance and Continuance of Client Relationships and Audit Engagements (SA 220 Quality Control for an Audit of Financial Statements).
Audit Strategy, Audit Planning and Audit Programme
Audit Strategy; Audit planning (SA 300); Audit programme; Development of Audit Plan and Programme, Control of quality of audit work - Delegation and supervision of audit work; Materiality and Audit Plan; Revision of Materiality; Documenting the Materiality; Performance Materiality (SA 320 Materiality in Planning and Performing an Audit).
Audit Documentation and Audit Evidence
Concept of Audit Documentation; Nature & Purpose of Audit Documentation; Form, Content & Extent of Audit Documentation; Completion Memorandum ; Ownership and custody of Audit Documentation (SA 230 Audit Documentation); Audit procedures for obtaining audit evidence; Sources of evidence; Relevance and Reliability of audit evidence; Sufficient appropriate audit evidence, Evaluation of Audit Evidence (SA 500 Audit Evidence); WrittenRepresentations as Audit Evidence; Objective of Auditor regarding Written Representation; Management from whom Written Representations may be requested; Written Representations about Management’s Responsibilities (SA 580 Written Representations); Obtaining evidence of existence of inventory; Audit procedure to identify litigation & claims (SA 501 Audit Evidence - Specific Considerations for Selected Items); External confirmation procedures; Management's refusal to allow the auditor to send a confirmation request; Negative Confirmations (SA 505 External Confirmations); Audit evidence about opening balances; Accounting policies relating to opening balances; Reporting with regard to opening balances (SA 510 Initial Audit Engagements-Opening Balances); Meaning of Related Party; Nature of Related Party Relationships & Transactions; Understanding the Entity's Related Party Relationships & Transactions (SA 550 Related Parties); Meaning of Subsequent Events; Auditor's obligations in different situations of subsequent events (SA 560 Subsequent Events); Responsibilities of the Auditor with regard to Going Concern Assumption; Objectives of the Auditor regarding Going Concern; Events or Conditions that may cast doubt about Going Concern Assumption; Audit Procedures when events or conditions are identified (SA 570 Going Concern).
Risk Assessment and Internal Control
Audit Risk, Identifying and Assessing the Risk of Material Misstatement, Risk Assessment procedures; Understanding the entity and its environment; Internal control, Documenting the Risks; Evaluation of internal control system; Testing of Internal control; Internal Control and IT Environment (SA 315 Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and Its Environment); Materiality and audit risk (SA 320 Materiality in Planning and Performing an Audit); Internal audit, Basics of Standards on Internal Audit (SIAs) issued by the ICAI; Basics of Internal Financial Control and reporting requirements; Distinction between Internal Financial Control and Internal Control over Financial Reporting.
Fraud and Responsibilities of the Auditor in this Regard
Responsibility for the Prevention and Detection of Fraud; Fraud Risk Factors; Risks of Material Misstatement Due to Fraud; Communication of Fraud (SA 240 The Auditor’s responsibilities Relating to Fraud in an Audit of Financial Statements); Provisions of the Companies Act 2013 relating to fraud and rules thereunder including reporting requirements under CARO.
Audit in an Automated Environment
Key features, Impact of IT related Risks, Impact on Controls, Internal Financial Controls as per Regulatory requirements, Types of Controls, Audit approach, Understanding and documenting Automated environment, Testing methods, data analytics for audit, assessing and reporting audit findings.
Meaning of Audit Sampling; Designing an audit sample; Types of sampling; Sample Size and selection of items for testing; Sample selection method (SA 530 Audit Sampling).
Meaning, nature, purpose and timing of analytical procedures; Substantive analytical procedures, Designing and performing analytical procedures prior to Audit; investigating the results of analytical procedures (SA 520 Analytical Procedures)
Audit of Items of Financial Statements
Audit of sale of Products and Services; Audit of Interest Income, Rental Income, Dividend Income, Net gain/loss on sale of Investments etc. Audit of Purchases, Employee benefits expenses, Depreciation, Interest expense, Expenditure on Power & Fuel, Rent, Repair to building, Repair to Machinery, Insurance, Taxes, Travelling Expenses, Miscellaneous Expenses etc.
Audit of Share Capital, Reserve & Surplus, Long Term Borrowings, Trade Payables, Provisions, Short Term Borrowings & Other Current Liabilities. Audit of Land, Buildings, Plant & Equipment, Furniture & Fixtures, Vehicles, Office Equipment, Goodwill, Brand/Trademarks, Computer Software etc. Audit of Loan & Advances, Trade Receivable, Inventories, Cash & Cash Equivalent, Other Current Assets. Audit of Contingent Liabilities. (The list of items is illustrative only)
The Company Audit
Eligibility, Qualifications and Disqualifications of Auditors; Appointment of auditors; Removal of auditors; Remuneration of Auditors; Powers and duties of auditors; Branch audit; Joint audit; Reporting requirements under the Companies Act, 2013 including CARO; Other Important Provisions under the Companies Act, 2013 relating to Audit and Auditors and Rules made thereunder.
Forming an opinion on the Financial Statements; Auditor's Report- basic elements (SA 700 Forming an Opinion and Reporting on Financial Statements); Types of Modified Opinion; Circumstances When a Modification to the Auditor’s Opinion is Required (SA 705 Modification to the Opinion in the Independent Auditor’s Report); Qualification, Disclaimer, Adverse opinion (SA 706 Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent, Auditor’s Report); Nature of Comparative Information; Corresponding Figure; Comparative Financial Statements (SA 710 Comparative Information – Corresponding Figures and Comparative Financial Statements).
Audit of Banks
Understanding of the accounting system in Banks, Audit Approach, Audit of Revenue items, Special Consideration in Bank Audit with emphasis on Advances and NPAs.
Audit of Different Types of Entities
Appointment of Auditor, Audit Procedure. Audit Report in respect of different Category of Entities mentioned below: government; Local bodies and not-for-profit organizations; Partnership Firms, Audit of different type of undertakings, i.e., Educational institutions, Hotels, Clubs, Hospitals Basics of Limited Liability Partnerships (LLPs) audit and Co-operative Societies Audit
Paper 7 - Enterprise Information Systems and Strategic Management
Section A- Enterprise Information Systems
AUTOMATED BUSINESS PROCESSES
Introduction to Enterprise Business Processes, Benefits, Risks and Controls;
Diagrammatic representation of business processes using Flowcharts;
Risks and controls for specific business processes: Procure to pay (P2P), Order to cash, Inventory Cycle, Hire to Retire, Supply Chain Management, Fixed Assets etc.
Applicable regulatory and compliance requirements including computer related offences, privacy, cyber-crime, Sensitive Personal Data Information of Information Technology Act, 2000
FINANCIAL AND ACCOUNTING SYSTEMS
Integrated (ERP) and non-integrated systems with related risks and controls;
Business process modules and their integration with Financial and Accounting Systems
Reporting Systems and MIS, Data Analytics and Business Intelligence
Business Reporting and fundamentals of XBRL (eXtensible Business Reporting Language)
Applicable regulatory and compliance requirements
INFORMATION SYSTEMS AND ITS COMPONENTS
Components of Automated Information Systems: Application Systems, Database, Network and Operating System with related risks and controls
Mapping of Organization structure with segregation of duties in Information Systems
E-COMMERCE, M-COMMERCE AND EMERGING TECHNOLOGIES
Components and Architecture of E-Commerce and M-Commerce with related risks and controls
Business process flow with its related risks and controls
Applicable regulatory and compliance requirements
Emerging technologies with its related risks and controls
CORE BANKING SYSTEMS
Components and Architecture of CBS and related risks and controls
Core modules of banking and Business process flow and its related risks and controls
Reporting Systems and MIS, Data Analytics and Business Intelligence
Applicable regulatory and compliance requirements
Section B- Strategic management
Introduction to Strategic Management
Meaning and Nature of Strategic management
Strategic Levels in Organizations
Strategic Management in Government and Not-for-profit organization
Dynamics of Competitive Strategy
Industry and Competitive Analysis
Internal and External Analysis
Strategic Management Process
Strategic Intent - Vision, Mission and Objectives
Corporate Level Strategies
Concepts and Nature of Corporate Strategy
Strategic Alternatives at Corporate Level
Business Combinations – Merger and Acquisition
Business Level Strategies
Competitive Strategies at Business Level
Michael Porter’s Generic Strategies
Best-Cost Provider Strategy
Functional Level Strategies
Human Resource Strategy
Research and Development
Organisation and Strategic Leadership
Strategic Business Unit
Strategy Supportive Culture
Entrepreneurship and Intrapreneurship
Strategy Implementation and Control
Business Process Reengineering
Paper 8 - Financial Management and Economics for Finance
Section A- Financial Management
Financial Management and Financial Analysis
Introduction to Financial Management Function
Objective and scope of financial management
Role and purpose
Financial management environment
Functions of finance executives in an organization
Financial distress and insolvency
Financial Analysis through Ratios
Users of the financial analysis
Sources of financial data for analysis
Calculation and Interpretation of ratios
Analysing efficiency/ activity
Limitations of ratio analysis
Sources of Finance
Different Sources of Finance, Characteristics of different types of long term debt and equity finance, Method of raising long term finance
Different Sources of short term Finance
Internal fund as a source of finance
International sources of finance
Other sources of finance- Sale and lease back, Convertible debt, Venture capital, Grants etc.
Cost of Capital
Significance of cost of capital
Factors of cost of capital
Measurement of costs of individual components of capital
Weighted average cost of capital (WACC)
Marginal cost of capital
Effective Interest rate
Capital Structure Decisions
Significance of capital structure
Determinants of capital structure
Capital structure planning and designing
Designing of optimum capital structure
Theories of Capital Structure and value of the firm- relevancy and Irrelevancy of capital structure.
EBIT - EPS Analysis, Breakeven- EBIT Analysis.
Under/ Over Capitalisation
Types of Leverages- Operating, Financial and Combined
Analysis of leverages
Capital Investment and Dividend Decisions
Capital Investment Decisions
Objective of capital investment decisions
Methods of Investment appraisal
Payback period, Discounted payback period
Accounting Rate of Return (ARR)
Net Present Value (NPV) - The meaning of NPV, Strengths and limitations of NPV method, The working capital adjustment in an NPV analysis, Capital rationing, Equivalent Annual Costs
Internal Rate of return (IRR)- Limitations of the IRR method, Multiple IRRs
Modified internal Rate of Return (MIRR)- Definition and explanation of MIRR, The process for calculating MIRR, Strengths of the MIRR approach
Adjustment of Risk and Uncertainty in Capital Budgeting Decision
Certainty Equivalent Method
Risk Adjusted Discount Rate
Basics of Dividends
Forms of dividend
Determinants of dividend
Relevancy and Irrelevancy of Dividend Policies- Traditional Approach, Walter’s model, Gordon’s model, Modigliani and Miller (MM) Hypothesis
Management of Working Capital
Management of Working Capital
The management of working capital- Liquidity and Profitability
The Working capital financing decisions- Primary and Secondary Sources of Liquidity
The working Capital Cycle (operating Cycle), Effectiveness of Working Capital based on its operating and cash conversion cycles
Assessment of working capital requirement
Management of Accounts Receivables (Debtors)
Factoring and Forfaiting
Management of Accounts Payables (Creditors)
Management of Inventory
Management of Cash, Treasury management
Banking norms of working capital finance
Section B- Economics for Finance
Determination of National Income
Macro Economic Aggregates and Measurement of National Income
The Keynesian Theory of Determination of National Income
The Money Market
The Concept of Money Demand: Important Theories of Demand for Money
The Concept of Money Supply
Fiscal functions: An Overview.
Government Interventions to Correct Market Failure
Theories of International Trade
Trade Policy – The Instruments of Trade Policy
Exchange Rates and its economic effects
International Capital Movements: Foreign Direct Investment
To download the ICAI’s CA Intermediate syllabus pdf - Click here
Frequently Asked Question (FAQs) - CA Intermediate Syllabus 2020 (Nov Session) - Weightage, Topics and Sub topics, Exam Pattern
Question: How many subjects are there in CA Intermediate 2019?
CA Intermediate consists of 8 subjects.
Question: What are the passing marks of CA Intermediate?
In order to qualify CA Intermediate, candidates must score at least 40% in each paper and 50% overall.
Question: Does the CA Intermediate exam pattern have any negative marking?
No, there is no negative marking for CA Intermediate.
Question: Is a calculator allowed in CA Intermediate exam?
Yes. ICAI allows candidates to use calculators in the exam hall. The calculators should be of any type with up to 6 functions, 12 digits and up to two memories.
Question: What are the subjects in CA Intermediate?
CA Intermediate comprises of the following subjects-
Group 1- ACCOUNTING, CORPORATE & OTHER LAWS, COST & MANAGEMENT ACCOUNTING, TAXATION,
Group 2- ADVANCED ACCOUNTING, AUDITING & ASSURANCE, ENTERPRISE INFORMATION SYSTEMS & STRATEGIC MANAGEMENT, and FINANCIAL MANAGEMENT & ECONOMICS FOR
Question: When will ICAI release CA Inter result for exams conducted in November 2019?
CA Intermediate Result 2019 is expected to be announced in the first week of January 2020.
The Institute of Chartered Accountants of India, New Delhi Updates and Articles
CA Intermediate 2020 - ICAI as canceled the CAC Intermediate J...
Questions related to The Institute of Chartered Accountants of India, New Delhi
When is the last date to register for articleship after ITT and orientation course for november 2021 CA inter exam through direct entry route?
Hello student you may register yourself through direct entry till 31st January 2021 and start your internship immediately to complete 09 months of practical training to be eligible to fill up the examination Form of CA Intermediate November 2021 examination.
Feel free to comment if you've any doubt
Dear sir, pleanse make sure to me ... if i selected hindi mediam of CA Foundation Course so that could u tell me the question paper is in English also or not becouse the Economics and Mathmetics are prepared in english by me. what should i do ???
If you have chosen Hindi medium , then question paper will obviously be in Hindi Language. You cannot differ in language for different papers. So, I would suggest you to choose the medium wisely. You can sleect only one for course and question paper will be mentioned in that language only.
How can I download the delecration of student form for November 2020
Can you tell for which exam or purpose you want to know about declaration form, I can give correct information only when you tell that.
After filling of the registration form online for ca final new course, whether the form & supporting documents need to be physically submitted at the regional office of ICAI. please clarify.
Now everything is done online through the ICAI portal. So there is no need for physical submission of documents. You have to submit the form on the ssp portal. You need not go to the institute for submitting the documents.
can a government teacher do chartered accountant course?
Yes , it is possible
Govt Employee can take Sabbatical to do CA if granted in which case employee will be paid salary and all perks for upto 3 yrs while doing CA.
Otherwise Employee can do CA Foundation course in their own time and write exam in their own time
HOPE IT WOULD HAVE HELPED YOU
ALL THE BEST