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Get UpdatesThe Institute of Chartered Accountants of India (ICAI) is conducting the CA Final mock test paper series 2 from April 1, 2024. Earlier, ICAI postponed the CA Final May 2024 exams due to the general elections. ICAI also reopened the online window to change CA Final exam centres. Candidates could fill the CA Final exam form online by logging into the official website from February 2 to February 23 (without late fees), and March 2 (with late fees). ICAI had earlier announced the CA Final May 2024 timetable. The CA Final May exams 2024 will be conducted from May 2 to 16, 2024. The upcoming CA Final May 2024 exams will be held as per the New Scheme of Education and updated syllabus. There are still two groups in CA Final exam and each group has three papers each.
Latest: CA Final May 2024 Admit Card OUT - Click Here | CA Final Exam Form May 2024 Link
Recommended: CA placements, salary, recruiters | How to prepare for CA Final?
Don't Miss: Certificate courses offered by ICAI | CA Final Mock Test May 2024 Started
The Institute of Chartered Accountants of India has developed the New Scheme of Education and Training on the lines of the New Education Policy, 2020 (NEP) and International Education Standards. The New Scheme of Education and Training has come into effect on July 1, 2023, and has been notified in the Gazette of India on June 22, 2023. The registration and conversion to the new scheme for the CA Final exam commenced on July 1, 2023. ICAI has also notified new syllabus for the CA Final exam under the new scheme.
The CA final is the 3rd and last stage of the Chartered Accountancy Course and is currently divided into two groups - Group 1 and Group 2. Candidates have the option to appear in either 1) Group 1 or 2, or 2) both groups. Candidates who have completed the CA Intermediate course can register for the CA Final course. Candidates also have to complete 2.5 yrs of article-ship before registering (The article-ship period has been reduced to 2 years under the new scheme). The Institute of Chartered Accountants of India (ICAI) conducts the national-level CA Final exam in offline mode across various exam centres in India and overseas. The registration is valid for a period of 5 years from the date of initial registration.
In the new syllabus notified on July 1, 2023, the CA Final exam consists of the following papers. The first CA Final exam based on the new syllabus will be conducted in May 2024 session
Paper 1 | Financial Reporting | 100 Marks |
Paper 2 | Advanced Financial Management | 100 Marks |
Paper 3 | Advanced Auditing, Assurance and Professional Ethics | 100 Marks |
| Paper 4 | Direct Tax Laws and International Taxation | 100 Marks |
| Paper 5 | Indirect Tax Laws: | 100 Marks Part I: 80 Marks Part II: 20 Marks |
In the old syllabus under the existing scheme, there are 6 papers in CA Final exam which are divided as follows. The upcoming May 2024 session of the CA Final exam will be based on this syllabus.
ICAI mandates all candidates to secure a minimum of 40% marks in each paper and an aggregate of 50% in all papers in order to quality CA Final exam level.
| Particulars | No. of Candidates Appeared | No. of Candidates Passed | Pass Percentage |
|---|---|---|---|
| Group I | 65,294 | 6176 | 9.46 |
| Group II | 62,679 | 13520 | 21.6 |
| Both Groups | 32,907 | 3090 | 9.42 |
| Particulars | No. of Candidates Appeared | No. of Candidates Passed | Pass Percentage |
| Group I | 57067 | 6795 | 11.91% |
| Group II | 61844 | 19438 | 31.43% |
| Both Groups | 25841 | 2152 | 8.33% |
| Exam | Group I | Group II | Both Groups | ||||||
Term | Appeared | Passed | Percentage | Appeared | Passed | Percentage | Appeared | Passed | Percentage |
| November 2022 | 65291 | 13969 | 21.39% | 64775 | 12053 | 18.61% | 29242 | 3243 | 11.09% |
| May 2022 | 66575 | 14643 | 21.99% | 63253 | 13877 | 21.94% | 29348 | 3695 | 12.59% |
| December 2021 (New) | 57254 | 12767 | 22.3% | 54144 | 16525 | 30.52% | 28988 | 4437 | 15.31% |
| December 2021 (Old) | 11364 | 1284 | 11.3% | 14106 | 1909 | 13.53% | 3109 | 44 | 1.42% |
| July 2021 (New) | 49358 | 9986 | 20.23 | 42203 | 7328 | 17.36 | 23981 | 2870 | 11.97 |
| July 2021 (Old) | 12556 | 1348 | 10.74 | 17044 | 2194 | 12.87 | 3949 | 62 | 1.57 |
January 2021 | 18297 | 1198 | 6.55 | 18896 | 3409 | 18.04 | 9868 | 1184592 | 6.00 |
| January 2021 (Old) | 8686 | 416 | 4.79 | 13215 | 1614 | 12.21 | 3116 | 44 | 1.41 |
November 2020 (New) | 32542 | 4179 | 12.84 | 27907 | 8643 | 30.97 | 19284 | 2790 | 2790 14.47 |
November 2020 (Old) | 12026 | 2145 | 17.84 | 17132 | 5442 | 31.77 | 4143 | 242 | 5.84 |
November 2019(New) | 27861 | 4830 | 17.34 | 26972 | 7593 | 28.15 | 15003 | 2268 | 15.12 |
November 2019 (Old) | 27409 | 7384 | 26.94 | 37589 | 8679 | 23.09 | 8021 | 817 | 0.19 |
| Full Exam Name | CA Final Exam |
| Conducting Body | The Institute of Chartered Accountants of India |
| Frequency of Conduct | 2 times a year |
| Exam Level | National Level Exam |
| Languages | English |
| Mode of Application | Online |
| Mode of Exam | Offline |
| Exam Duration | 3 Hours |
Upcoming Dates and Events
02 May, 2024
Exam - May session - (group-I) | Mode: Offline
04 May, 2024
Exam - May session - (group-I) | Mode: Offline
08 May, 2024
Exam - May session - (group-I) | Mode: Offline
10 May, 2024
Exam - May session - (group-II) | Mode: Offline
14 May, 2024
Exam - May session - (group-II) | Mode: Offline
17 Apr, 2024 - 16 May, 2024
Admit Card - May session | Mode: Online Ongoing
16 May, 2024
Exam - May session - (group-II) | Mode: Offline
Past Dates and Events
01 Apr, 2024 - 13 Apr, 2024
May Session - Mock test paper series 2 | Mode: Online
27 Mar, 2024 - 29 Mar, 2024
Application Correction - May Session - Re-open | Mode: Online
04 Mar, 2024 - 15 Mar, 2024
May Session - Mock test paper series 1 | Mode: Online
03 Mar, 2024 - 09 Mar, 2024
Application Correction - May session | Mode: Online
24 Feb, 2024 - 02 Mar, 2024
Late Fee Application - May session (with late fees of Rs. 600/-) | Mode: Online
02 Feb, 2024 - 23 Feb, 2024
Application - May session (without late fees) | Mode: Online
Applications for Admissions are open.
The basic eligibility criteria for candidates before they can register for the CA Final course is to complete the CA Intermediate (Second level). ICAI officially prescribes the CA Final exam eligibility criteria. Note that candidates also need to complete 2.5 years of article-ship before appearing in the CA Final exams.
Note - As per the CA Final eligibility criteria, candidates who have never appeared in the old scheme and are now appearing in the CA Final new scheme are required to complete AICITSS (Advanced ITT and MCS) before appearing for CA Final (New Course).
Mode of Application : Online
Mode of Payment : Net Banking | Credit Card | Debit Card | NEFT | Other
The registration of CA Final remains open throughout the year. Currently, the CA Final December 2024 registrations are open till July 1, 2024. The registration for May 2024 session was open from July 1, 2023 till December 31, 2023. Candidates who wish to appear in the 2024 session exams of the CA Final course should register on the official website. ICAI has a centralised self-service portal in which candidates can easily register.
| Fee details | Both Groups | Group I/ II |
| Registration fee | 22000* | 1100* |
*Students belonging from newly formed Union Territories are given concession.
The CA Final November exam form May 2024 was available from February 2, 2024. The last date to fill the exam form without late fee was February 23, 2024. Candidates could fill the exam form of CA Final May 2024 with late fee till March 2, 2024. Candidates who wish to give the exam need to fill the exam form of CA Final before the deadline
| Particulars | Exam City | CA Final Exam fees |
|---|---|---|
Both groups of CA Final exam | Indian cities | Rs 3300 |
Kathmandu | Rs 4000 | |
Abu Dhabi, Dubai, Doha and Muscat | USD 550 | |
Either group I or group II of CA Final 2024 | Indian cities | Rs 1800 |
Kathmandu | Rs 2200 | |
Abu Dhabi, Dubai, Doha and Muscat | USD 325 |
ICAI will open the application correction window of CA Final May 2024 to provide the facility to make corrections in the exam form from March 3 to 9, 2024. Candidates who wish to make changes in their respective CA Final May 2024 exam forms can rectify the errors through this window.
Framework for preparation and presentation of financial statements in In accordance with Indian accounting standards (Ind AS) |
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Application of Indian accounting standards (Ind AS) with reference to general purpose financial statements |
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| Ind AS on first time adoption of Indian accounting standards, Ind AS on presentation of items in the financial statements, Ind AS on measurement based on accounting policies, Ind AS on income statement |
| Ind AS on assets and liabilities of the financial statements including industry specific Ind AS, Ind AS on items impacting the financial statements, Ind AS on disclosures in the financial statements, other Ind AS |
Indian accounting standards on group accounting |
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| Business combinations and accounting for corporate restructuring (including demerger) (as per Ind AS), consolidated and separate financial statements (as per Ind AS) |
Accounting and reporting of financial instruments (as per Ind AS) |
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Analysis of financial statements |
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Integrated reporting |
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Corporate social responsibility reporting |
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Financial policy and corporate strategy |
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| Strategic decision making framework, interface of financial policy and strategic management, balancing financial goals vis-à-vis sustainable growth |
Risk management |
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| Identification of types of risk faced by an organisation, evaluation of financial risks, value at risk (VAR), evaluation of appropriate method for the identification and management of financial risk |
Security analysis |
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| Fundamental analysis, technical analysis: (a) Meaning, (b) assumptions, (c) theories and principles, (d) charting techniques, (e) efficient market hypothesis (EMH) analysis |
Security valuation |
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| Theory of valuation, return concepts, equity risk premium, required return on equity, discount rate selection in relation to cash flows, approaches to valuation of equity shares, valuation of preference shares, valuation of debentures/ bonds |
Portfolio management |
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| Portfolio analysis, portfolio selection, capital market theory, portfolio revision, portfolio evaluation, asset allocation, fixed income portfolio, risk analysis of investment in distressed securities |
| Alternative investment strategies in context of portfolio management |
Securitization |
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| Introduction, concept and definition, benefits of securitization, participants in securitization, mechanism of securitization, problems in securitization, securitization instruments, pricing of securitization instruments, securitization in India |
Mutual fund |
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| Meaning, evolution, types, advantages and disadvantages of mutual funds |
Derivatives analysis and valuation |
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| Forward/ future contract, options, swaps, commodity derivatives |
Foreign exchange exposure and risk management |
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| Exchange rate determination, foreign currency market, management of transaction, translation, and economic exposures, hedging currency risk, foreign exchange derivatives-forward, futures, options, and swaps |
International financial management |
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| International capital budgeting, international working capital management: (a) Multinational cash management-(i) objectives of effective cash management, (ii) optimization of cash flows/ needs, (iii) investment of surplus cash |
| International working capital management: (b) Multinational receivable management, (c) multinational inventory management |
Interest rate risk management |
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| Interest rate risk, hedging interest rate risk: (a) Traditional methods, (b) Modern methods including interest rate derivatives |
Corporate valuation |
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| Conceptual framework of valuation, approaches/ methods of valuation: (a) Assets based valuation model, (b) earning based models, (c) cash flow based models, (d) measuring cost of equity-(i) capital asset pricing model (CAPM), (ii) arbitrage pricing theory |
| Approaches/ methods of valuation: (d) Measuring cost of equity-(iii) estimating beta of an unlisted company, (e) relative valuation-(i) steps involved in relative valuation, (ii) equity valuation multiples, (iii) enterprise valuation multiple |
| Approaches/ methods of valuation: (f) Other approaches to value measurement-(i) economic value added (EVA), (ii) market value added (MVA), (iii) shareholder value analysis (SVA), (g) arriving at fair value |
Mergers, acquisitions, and corporate restructuring |
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| Conceptual framework, rationale, forms, mergers, and acquisitions: (a) Financial framework, (b) takeover defensive tactics, (c) reverse merger, divestitures: (a) Partial sell off, (b) demerger, (c) equity carve outs |
| Ownership restructuring: (a) Going private, (b) management/ leveraged buyouts, cross border mergers |
Startup finance |
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| Introduction including pitch presentation, sources of funding, start up India initiative |
Auditing standards, statements, and guidance notes |
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| Engagement and quality control standards, statements and guidance notes on auditing issued by the ICAI; elements of system of quality control, leadership responsibilities for quality within the firm |
Auditing standards, statements and guidance notes |
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| Acceptance and continuance of clients relationships and specific engagements, engagement performances, etc |
| SQC 1 quality control for firms that perform audits and reviews of historical financial information and other assurance and related services engagements |
Audit planning, strategy, and execution |
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| Planning the flow of audit work; audit strategy, audit plan, audit programme and importance of supervision; principal’s ultimate responsibility; extent of delegation; control over quality of audit work |
Audit planning, strategy and execution |
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| Analytical procedures prior to audit as well as towards finalization; concept of principal auditor and other auditor, acceptance as principal auditor, procedures to be performed by principal auditor |
| Coordination between the principal auditor and other auditor (SA 600 using the work of another auditor); concept of internal audit functions and its evaluation, using the work of the internal audit function |
| Using internal auditors to provide direct assistance (SA 610 using the work of internal auditors); auditor's expert-meaning, need for an auditor’s expert, understanding the auditor’s expert, agreement with the auditor’s expert |
| Adequacy of the auditor’s expert’s work (SA 620 using the work of an auditor’s expert) |
Risk assessment and internal control |
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| Evaluation of internal control procedures; components of internal controls; internal control and risk assessment; risk-based audit audit-risk analysis, general steps; internal audit |
| Reporting on internal control weaknesses (SA 265 communicating deficiencies in internal control to those charged with governance and management); framework on reporting of internal controls |
Special aspects of auditing in an automated environment |
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| Key features of automated environment, related risks and controls, standards, guidelines and procedures, using relevant frameworks and best practices, understanding and documenting automated environment, enterprise risk management overview |
| Assessing IT-related risks and controls, evaluating risks and controls at entity level and process level, considerations of automated environment at each phase of audit cycle, using relevant analytical procedures and tests using data analytics |
| Key concepts of auditing in real-time automated environments such as e-commerce, ERP, core banking, etc |
Audit of limited companies |
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| Application of relevant provisions under the companies act, 2013 relating to audit and auditors and rules made there under; powers/ rights, duties of auditors; branch audit; significance of true and fair view; dividends and divisible profits-financial |
| Dividends and divisible profits-legal, and policy considerations; depreciation; special features of audit of limited liability partnerships (LLPs)-eligibility for audit, appointment of auditor, remuneration, etc |
| Audit report under the companies act, 2013; reporting under CARO |
Audit reports |
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| Basic elements of auditor’s report; types of opinion; notes on accounts; distinction between notes and qualifications; distinction between audit reports and certificates; communication to management and those charged with governance |
| Self review threats; drafting of different types of audit reports |
Audit committee and corporate governance |
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| Audit committee; role of auditor in audit committee and certification of compliance of corporate governance; compliances with laws and regulations (SA 250 consideration of laws and regulations in an audit of financial statements) |
| Disclosure requirements including those of SEBI; regulatory requirements of corporate governance, report on corporate governance |
Audit of consolidated financial statements |
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| Provisions under the companies act, 2013 in respect of accounts of companies and rules made there under; audit of consolidated financial statements-responsibility of parent company, auditor of the consolidated financial statements |
| Audit considerations-permanent consolidation, current period consolidation; reporting |
Special features of audit of banks, insurance and non banking financial companies |
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Audit under fiscal laws |
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| Audit under fiscal laws, viz, direct and indirect tax laws including documentation for form 3CD, etc |
Audit of public sector undertakings |
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| Special features, directions of comptroller and auditor general of India; concept of propriety audit; performance audit; comprehensive audit |
Liabilities of auditors |
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| Professional negligence; civil liabilities; criminal liabilities; liabilities under different statutes-for example income tax act, companies act |
Internal audit, management, and operational audit |
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| Provisions of internal audit as per companies Act, 2013; scope of internal auditing; relationship between internal and external auditor; basics of internal audit standards issued by the ICAI; drafting of internal audit report |
| Management audit and operational audit |
Due diligence, investigation, and forensic audit |
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| Due diligence review; audit versus investigation; steps for investigation; types of investigation; procedure, powers, etc of investigator; types of fraud, indicators of fraud, follow-up thereof; forensic audit-meaning |
Due diligence, investigation and forensic audit |
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| Forensic audit-difference between statutory audit and forensic audit, forensic audit techniques, forensic audit report, etc |
Peer review and quality review |
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Professional ethics |
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| Code of ethics with special reference to the relevant provisions of the chartered accountants act, 1949 and the regulations there under |
The companies act, 2013 and rules framed there under in its entirety with specific reference to section 149 onwards |
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| Appointment and qualifications of directors, appointment and remuneration of managerial personnel, meetings of board and its powers, inspection, inquiry, and investigation, compromises, arrangements, and amalgamations |
| Prevention of oppression and mismanagement, winding up, producer companies, companies incorporated outside India, miscellaneous provisions, compounding of offences, adjudication, special courts, national company law tribunal and appellate tribunal |
Corporate secretarial practice |
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| Drafting of notices, resolutions, minutes, and reports |
The securities contract (regulation) act, 1956 and the securities contract (regulation) rules, 1957 |
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| Introduction and important provisions |
The securities exchange board of India act, 1992 |
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| SEBI (issue of capital and disclosure requirements) regulations, 2009 and SEBI (listing obligations and disclosure requirement) regulations, 2015 |
The foreign exchange management act, 1999 |
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| Introduction, broad structure of FEMA, definition, regulation and management of foreign exchange, contraventions and penalties in brief, miscellaneous provisions |
The securitisation and reconstruction of financial assets and enforcement of security interest act, 2002 |
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| Important definitions, regulation of securitisation and reconstruction of financial assets of banks and financial institutions, enforcement of security interest, offences and penalties, miscellaneous matters |
The prevention of money laundering act, 2002 |
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| Definitions, punishment for the offence of money laundering, obligation of banking companies, financial institutions and intermediaries or a person carrying on a designated business or profession, appellate tribunal, special court |
| Procedure for attachment and confiscation of property and recovery of fines and penalties |
Foreign contribution regulation act, 2010 |
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| Definitions, regulation of foreign contribution, and miscellaneous provisions |
The arbitration and conciliation act, 1996 |
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| General provisions, arbitration agreement, tribunal, conciliation |
The insolvency and bankruptcy code, 2016 |
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| Preliminary, corporate insolvency resolution process, liquidation process and other provisions |
Introduction to strategic cost management |
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| Concept of strategic cost management, limitations of traditional cost management, traditional vs. strategic cost management |
Modern business environment |
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| Introduction/ characteristics of the modern business environment, cost of quality, total quality management, business excellence model, throughput accounting and theory of constraints, supply chain management (SCM), gainsharing arrangements, outsourcing |
Lean system and innovation |
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| Introduction to lean system: (a) Just-in-time (JIT), (b) Kaizen costing, (c) 5 Ss, (d) total productive maintenance (TPM), (e) cellular manufacturing/ one-piece flow production systems, (f) six sigma (SS) |
| Introduction to process innovation and business process re-engineering (BPR) |
Cost management techniques |
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| Cost control/ waste control, cost reduction, target costing, value analysis/ value engineering, pareto analysis, life cycle costing, environmental management accounting |
Cost management for specific sectors |
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| Agricultural sector, information technology sector, power sector |
Decision making |
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| Decision making using CVP analysis, decision making using relevant cost concepts, decision making using activity based costing, ethical and non-financial considerations relevant to decision making |
Pricing strategies/ decisions |
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| Theory and principles of product pricing, pricing-new product, finished products and pricing of services, sensitivity analysis in pricing decisions, pricing decision under special circumstances, pricing strategies |
Performance measurement and evaluation |
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| Responsibility accounting, linking critical success factors (CSFs) to key performance indicators (KPIs) and corporate strategy; performance measurement models-the balanced scorecard, the performance pyramid |
| Performance measurement models-the performance prism and the building block model; divisional performance measures; benchmarking schemes, performance measurement in the not-for-profit sector, preparation of performance reports |
Divisional transfer pricing |
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| Meaning, purpose and principles of transfer pricing, methods of transfer pricing, the behavioural consequences arising from divisional structures, international transfer pricing |
Strategic analysis of operating income |
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| Operating profit analysis, advanced activity based costing, activity based management (ABM), activity based budgeting (ABB) |
Budgetary control |
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| The concept of feedback and feed forward control, behavioural aspects of budgeting-imposed style, participative budget, behavioural aspects of budgetary control, beyond budgeting |
Standard costing |
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| Analysis of advanced variances, integration of standard costing with marginal cost accounting, reconciliation of profit, variance investigation techniques, interpretation of variances, possible, interdependence between variances and reporting |
| Behavioural aspects of standard costing, limitation of standard costing, (including its use in the contemporary business environment) |
Case study (covering course concepts) |
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Introduction to risk |
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| The concept of risk, risk and uncertainty: Distinction, classification of risks, dynamic nature of risks, types of risk, including: (a) Strategic and operational risks, (b) business risk, (c) financial risk, (d) information risk, (e) liquidity risk |
Source and evaluation of risks |
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| Identification and sources of risk, quantification of risk and various methodologies, impact of business risk, identify and assess the impact upon the stakeholder involved in business risk, role of risk manager and risk committee in identifying risk |
Risk management |
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| Concept of risk management, objective and process of risk management, importance of risk management, risk management techniques |
Evaluation of risk management strategies |
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| Risk management strategy alignment with business strategy, internal control environment and linkages with risk management, risk culture and attitudes to risk management, integrated risk reporting and stakeholder responsibilities |
| It risk management-disaster recovery |
Risk model |
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| VAR, stress testing, scenario analysis, country and sovereign risk models and management |
Credit risk measurement and management |
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| Understanding the component of credit risk, evaluating credit risk, mitigating credit risk, qualitative and quantitative techniques to manage risk, credit scoring models |
Risk associated with corporate governance |
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| Evaluation of risk associated with governance, description and evaluation of framework for board level consideration of risk, OECD guidelines for corporate governance |
Enterprise risk management |
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| Definition, scope, and techniques |
Operational risk management |
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| Definition, scope, and techniques |
Global financial markets |
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| Introduction to global financial market, role of financial market in economic development of a country, stakeholders in financial market (domestic and global), Indian financial market scenario |
Impact of various policies of financial markets |
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| Credit policy of RBI, fed policy, inflation index, CPI, WPI, etc |
Capital market-primary |
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| New issue market-domestic and global, private placement , QIP, disinvestment, right issue |
Capital market-secondary |
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| Secondary market, stock market operations, Indian debt market |
Money Market |
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| Basics of money market, money market participants, money market instruments, repo and reverse repo, CRR, SLR, MIBOR, LIBOR, government securities market |
Institutions and intermediaries |
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| Depository, stock and commodity exchanges-Indian and global, intermediaries, institutional investors, FPIs, custodians, clearing houses |
Commodity market |
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| What are commodity markets, role of commodity markets, commodity market in India, application of derivative in commodities, global commodities exchanges |
Banking as source of capital including NBFCs |
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| Concept of project financing, working capital management, reverse mortgage |
Mutual funds |
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| Meaning, evolution, types, performance measures, NAV, mutual fund organization, advantages and disadvantages of mutual fund, exchange traded funds (ETFs), real estate investment trusts (ReITs), infrastructure investment trusts (Invits) |
Private equity |
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| Meaning and classification: (a) Venture capital, (b) buyouts, (c) special cases, (d) hurdle rate, (e) paid in capital, (f) term sheet-cost of investing in private equity, exit routes, valuation of private equity transactions |
| Meaning and classification: (f) Term sheet-private equity funds (distribution of returns in general partner and limited partners) |
Investment banking |
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| Concept, functions, challenges, developments in investment banking, merchant banking and issue management |
Credit rating |
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| Introduction, rating services, objectives and types, uses, credit rating process, credit rating methodology, rating revisions, credit rating agencies in India and abroad, limitations with case studies |
Treasury operations |
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| Raising and deployment of funds, risk management |
Risk management |
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| Preventive controls, early signals, credit risk |
Credit derivatives |
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| Credit default swaps, collateralized debt obligations (CDO), pricing of credit derivative instruments |
Leasing decisions |
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Factoring |
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SEBI guidelines |
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Transfer pricing provisions under the income-tax act, 1961 |
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| Arm’s length price, international transactions, most appropriate method, functions, assets and risk analysis, documentation and compliances, specific reporting regime in respect of country by country reporting and master file, advance pricing agreements |
Other provisions relating to taxation of international transactions and non-resident taxation under the income-tax act, 1961 |
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| Non-resident taxation (including source rule of taxation), double taxation relief, advance rulings |
Law and procedures under the black money (undisclosed foreign income and assets) and imposition of tax act, 2015-an overview |
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Overview of model tax conventions |
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| OECD model tax convention, UN model tax convention, US model tax convention |
Tax treaties, application, and interpretation |
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| Features of tax treaties, overview of tax information exchange agreements, commentaries and their importance, role of Vienna convention in application and interpretation of tax treaties |
Anti avoidance measures |
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| Controlled foreign corporations, base erosion and profit shifting, other anti avoidance measures |
Taxation of e-commerce transactions |
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| Introduction, emerging issues, equalisation levy |
World trade organization (WTO) covering its role, principles, functions, and dispute settlement mechanism |
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Competition act, 2002 and rules/ regulations |
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Real estate (regulation and development) act, 2016 [central act and rules/ regulations] |
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Insolvency and bankruptcy code, 2016 and rules/ regulations |
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Prevention of money laundering act, 2002 and rules/ regulations |
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Foreign exchange management act, 1999 and rules/ regulations |
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Prohibition of benami property transactions act, 1988 and rules/ regulations |
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Conceptual framework for financial reporting as per IFRS |
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Application of international financial reporting standards |
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Significant differences between IFRS and US GAAPs |
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Financial accounting and reporting |
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Audit and assurance |
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Taxation |
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Finance and financial management |
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Management accounting |
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Corporate laws |
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Business strategy and management |
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Law and procedures under the income-tax act, 1961 |
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| Basis of charge, residential status, income which do not form part of total income, heads of income, income of other persons included in assessee’s total income, aggregation of income, set-off and carry forward of losses |
| Deductions from gross total income, rebates and reliefs, special provisions relating to companies and certain persons other than a company, provisions relating to charitable and religious trust and institutions, political parties and electoral trusts |
| Tax planning, tax avoidance, and tax evasion, collection and recovery of tax, refunds, income-tax authorities, procedure for assessment, appeals, and revision, settlement of tax cases, penalties, offences, and prosecution, liability in special cases |
| Miscellaneous provisions and other provisions |
Taxation of international transactions and non-resident taxation |
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| The provisions under the income-tax act, 1961, including: (a) Specific provisions relating to non-residents, (b) double taxation relief, (c) transfer pricing and other anti-avoidance measures, (d) advance rulings, equalisation levy |
Overview of model tax conventions-OECD and UN |
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Application and interpretation of tax treaties |
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Fundamentals of base erosion and profit shifting |
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Goods and services tax (GST) law as contained in the central goods and services tax (CGST) act, 2017 and integrated goods and services tax (IGST) act, 2017 including |
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| Introduction to GST in India including constitutional aspects, levy and collection of CGST and IGST-application of CGST/ IGST law; concept of supply including composite and mixed supplies, inter-state supply, intra-state supply |
| Supplies in territorial waters; charge of tax including reverse charge; exemption from tax; composition levy, place of supply, time and value of supply, input tax credit, computation of GST liability, procedures under GST including registration |
| Tax invoice, credit and debit notes, electronic way bill, accounts and records, returns, payment of tax including tax deduction at source and tax collection at source, refund, job work, liability to pay in certain cases |
| Administration of GST; assessment and audit, inspection, search, seizure, and arrest, demand and recovery, offences and penalties, advance ruling, appeals and revision, other provisions |
Customs law as contained in the customs act, 1962 and the customs tariff act, 1975 |
|---|
| Introduction to customs law including constitutional aspects, levy of and exemptions from customs duties-all provisions including application of customs law, taxable event, charge of customs duty, exceptions to levy of customs duty |
| Levy of and exemptions from customs duties-exemption from custom duty, types of customs duties, classification and valuation of imported and export goods, officers of customs; appointment of customs ports, airports etc |
| Import and export procedures including special procedures relating to baggage, goods imported or exported by post, stores, provisions relating to coastal goods and vessels carrying coastal goods, warehousing, drawback, demand and recovery; refund |
| Provisions relating to prohibited goods, notified goods, specified goods, illegal importation/ exportation of goods, searches, seizure, and arrest; offences; penalties; confiscation and prosecution, appeals and revision; advance rulings |
| Settlement commission, other provisions |
Foreign trade policy to the extent relevant to the indirect tax laws |
|---|
| Introduction to FTP-legislation governing FTP, salient features of an FTP, administration of FTP, contents of FTP and other related provisions, basic concepts relating to import and export |
| Basic concepts relating to export promotion schemes provided under FTP |
Interdisciplinary | Impactful & Viable solutions to real business problems | Industry-Ready | Last Date: 30th Apr’24
One of the best ways to prepare for CA Final 2024 exams is to attempt more mock papers. The CA Final mock test series 1 is being conducted from March 4 to 15, 2024. Candidates can get an exact idea as to what type of questions can come in the exam, the average time taken to solve each question. On the basis of insights gained through solving the mock tests, candidates can make changes in their exam preparation strategy if required.
ICAI also releases official ICAI study material and CA Final sample papers .
The Institute of Chartered Accountants of India (ICAI) prescribes the official exam pattern of the CA Final 2024 exams. Details such as the mode of CA Final exam, number of questions asked, time duration, difficulty level, groups, number of CA Final papers, types of papers, and related are mentioned under the exam pattern.
Before starting their preparations, candidates must check the exam pattern.
| Particulars | Details |
|---|---|
Mode of exam | Offline |
Frequency (twice in a year) |
|
Level of CA Final exam | National-level exam |
Paper(s) | 6 papers (new syllabus) |
Duration of the question papers | 3 hours Paper 6 - 4 hours |
| Negative marking | No |
The Institute of Chartered Accountants of India (ICAI) releases the CA Final 2024 admit card around 15 days before the date of exam. The admit card of CA Final exam 2024 is an important document, hence all the candidates must download a copy of the admit card before appearing in the CA Final exam. Complete exam related instructions are mentioned in the CA Final admit card.
In an official notification, ICAI officially released the list of the CA Final 2024 exam centres where the CA Final exams will be conducted. Candidates can fill their exam centre preferences while filling the exam application form. ICAI will conduct the CA Final exam at over 290 cities in India and 8 cities abroad.
The Institute of Chartered Accountants of India (ICAI) announces the CA Final result 2024 a few weeks after the conclusion of exam. The CA Final 2024 result will be declared in online mode online. ICAI will also release the list of CA Final toppers and pass percentages .
Step 1- Go to ICAI's official website - icai.nic.in
Step 2- Click on the result button
Step 3- Select "Final 2024" from the given options
Step 4- Enter your CA Final login credentials
Step 5- The CA Final 2024 result will appear on the screen
Step 6- Download and take a printout for future reference
Candidates will also have the facility to receive their CA Final result through SMS facility or email .
Note - As per ICAI, candidates need to secure minimum 40% marks in each CA Final paper and an aggregate of 50% marks in all subjects to qualify.
| Contacts: | 7877966966 |
| Relevant Links: | Official Website Link Click Here |
| +1 More |
Answer:
The registration for May 2024 session of CA Final exam began on July 1, 2023 and ended on January 1, 2024.
Answer:
CA Final exam form for May 2024 were released from February 2, 2024.
Answer:
Yes, while filling the exam form, candidates can select to appear either in both groups/ single group as per their preference.
Answer:
Yes, ICAI has released the complete list of exam centres before the exam where CA Final 2024 May session exams will be conducted.
Answer:
ICAI will conduct the CA Final May 2024 exams from May 2 to 14, 2024 in offline mode.
Hello Aspirant,
See application process is already live for CA Final 2022 examination for November 2022 session so if you had applied for it then it is alright and the last date to apply for it is July 1st 2022.
Now coming to the question of choice of elective paper so don't worry because choice of elective paper will be asked while filling examination form for CA final 2022 which would be available for the candidates in October 2022 so you can fill it out at that time and till then you will have to wait for it.
You can check out more information from the official site as given below :-
https://www.icai.org/new_post.html?post_id=15755
or you can also check out our article for all latest updates and complete details :-
CA Final Registration 2022 - Steps to Apply Online, Fees, Eligibility (careers360.com)
I hope this information helps you.
Good Luck!!
Hello,
No you cannot apply after the final date of registration. Unless the officials extend the last date you will not be eligible for applying after the final date of registration. As of now there are no information from the officials regarding the extension of the final date. The Institute of Chartered Accountants of India (ICAI) has opened the CA Final 2022 registration in online mode. The last date for the CA Final May 2022 registration was January 1, 2022. You can apply for December session. The last date is on July 1, 2022.
Hi there,
First of all make plan that what are you going to study,for how many hours you are going to study a topic and on what you will focus on. Plan all these things so that you don't get distract while studying. Then maintain a timetable and follow it .
We all have same working hours but we don't utilize them properly so start utilizing your working hour according to your mental energy .
Always study in a peaceful environment so that you can learn more in less time that means effective study .
Now if you are talking pparticularly about commerce then you can divide subjects into two part
(A) Numerical portion: First clear you concepts and after that practice as much as you can for Numerical.
(B) THEORY Portion: Make notes and clear your concept and revise them.
Try to understand instead of just mugging up lessons so that you can remember it for long time .
And last but not least study with enthusiasm. Enjoy study . Don't take study as burden.
Hope it helps you.
Good luck!
Hi Aspirant,
Hope you are doing great as per the question asked by you as you have made mistake while filling up the form you should definitely mail to the required authorities regarding the mistakes you have sometimes correction window is given to the students to correct the mistakes if made any during the process.
Hope you found this answer useful.Stay motivated stay positive.
All the best!
Hey aspirant,
Sorry but this cannot be done as it is mandatory and one must complete at least 2 years of training before sitting for the finals
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