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CA Inter Exam Sep 2024: Result (Direct Link), Toppers, Pass Percentage, Syllabus & Pattern

Updated on 01st November, 2024 by rashidul.haque

About CA Intermediate Exam 2024

The Institute of Chartered Accountants of India (ICAI) announced the CA Inter September 2024 results on October 30, 2024. The CA Inter Sep 2024 result will be available for download at icai.org. ICAI conducted the CA Inter September 2024 exam from September 12-23, 2024. Earlier, ICAI had announced that the CA Inter exam will now be conducted three times a year in May/June, September and January. It has also announced the CA Inter registration cut off dates. The CA Inter Sep 2025 registrations are currently open. Candidates are required to complete their registration at least 8 months before the start of the CA Inter exam. 

It must be noted that CA Inter May 2024 exam was the first Inter exam to be conducted under the new ICAI scheme launched last year. The CA Intermediate May exams were held in offline mode at designated test centres in India and abroad.

ICAI CA Intermediate New Scheme of Education and Training

ICAI has released the new education and training for CA course after consulting all stakeholders. The CA Intermediate new scheme 2023 has come into effect from July 1, 2023. Registrations for CA Intermediate has started from July 1, 2023. The first session for CA Intermediate under the new scheme was held in May 2024.

Let us have a look at the new changes under the CA Intermediate new scheme of education and training.

What's new in CA Intermediate New Scheme of Education and Training

  • The CA Intermediate registration validity has been extended to 5 years from 4 years.
  • Candidates will be able to revalidate their registration by paying prescribed fee only once.
  • Candidates opting for the direct-entry route for CA Intermediate registration will be required to complete 8 months of study period.
  • The number of papers have been reduced from 8 to 6.
  • Advanced Accounting and Auditing and Code of Ethics have been merged and made a single paper.
  • Enterprise Information Systems is removed from Enterprise Information Systems & Strategic Management, and Economics for Finance is removed from Paper 8 Financial Management & Economics for Finance.
  • Code of ethics has been merged into Auditing and Assurance.
  • The Corporate Laws paper will cover the Companies Act entirely and the business laws part has been moved to CA Foundation.
  • A Provision of negative marking will be introduced in the CA Intermediate exam from May 2024. 0.25 mark will be deducted for each incorrect response.
  • There will be 30% MCQs in all 6 Papers.
  • ICAI has also reduced Articleship training from 3 years to 2 years.

What is the CA Intermediate Exam?

The CA Intermediate exam is the second level of the Chartered Accountancy Course and is divided into two groups- Group 1 and Group 2. Candidates have the option to appear in any of these or both groups. The Institute of Chartered Accountants of India (ICAI) conducts the national-level CA Intermediate exam twice a year - in May/ June and November/ December, in offline mode. CA Intermediate exam is the second stage of the 3-stage Charted Accountancy course. The CA Foundation is the 1st stage, while CA Final is the third and final stage. The CA Foundation exam is conducted twice a year: May/June or November/December. 

New Syllabus of CA Intermediate Exam Under ICAI New Scheme

As per the new CA intermediate syllabus released on July 1, 2023, by ICAI, the following 6 papers are included in it

Paper NameMarks

Advanced Accounting

100 Marks

Corporate And Other Laws


Part I: Company Law And Limited Liability Partnership Law

Part Ii: Other Laws


100 Marks


Part I: 70 Marks

Part II: 30 Marks

Taxation


Section A: Income Tax Law

Section B: Goods and Services Tax

100 Marks


Section A: 50 Marks

Section B: 50 Marks

Cost and Management Accounting

100 Marks

Auditing and Ethics

100 Marks

Financial Management And

Strategic Management


Section A: Financial Management

Section B: Strategic Management

100 Marks



50 Marks


50 Marks



CA Intermediate Qualifying Marks:

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 Intermediate exam level.

CA Intermediate Exam - Statistics

ExamGroup IGroup IIBoth Groups

Term

Appeared

Passed

Percentage

Appeared

Passed

PercentageAppearedPassed

Percentage

May20231007811910318.95%819561920823.44%39195401410.24%
November 2022 Intermediate1002652124421.19%792921938024.44%37428475912.72%
July 2021 Intermediate603351756329.11454231008222.220668216910.49
July 2021 INT. (IPC)88733854.3426413795730.133798250.66

January 2021
Intermediate

26496 

3430

24.89

27611515418.671204611849.83
January 2021
INT. (IPC)
82154205.111980715757.953749140.37

November 2020
Intermediate

64243

16473

25.64

43134942521.8528644489517.09

November 2020
INT. (IPC)

9608

1129

11.75

21119319215.114094741.81

November 2019
Intermediate

69886

15719

22.49

45449812217.8731856457814.37

November 2019
INT. (IPC)

30571

3695

12.09

544891095220.1010678164 1.54
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CA Intermediate Exam 2024 Highlights

Full Exam Name
CA Intermediate Exam
Conducting Body
The Institute of Chartered Accountants of India
Frequency Of Conduct
Twice a year
Exam Level
National Level Exam
Languages
English
Mode Of Application
online
Application Fee
Online : 18000
Mode Of Exam
offline
Exam Duration
3 Hours

CA Intermediate Exam Important Dates

CA Intermediate Exam (session 2024)

02 Feb' 2024 - 23 Feb' 2024 . Online
Application Date
May session (without late fees)
24 Feb' 2024 - 02 Mar' 2024 . Online
Late Fee Application Date
May session (with late fees of Rs. 600/-)
03 Mar' 2024 - 09 Mar' 2024 . Online
Application Correction Date
May session

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The CA Intermediate September 2024 result is declared on October 30, 2024. The CA Inter result 2024 is announced on the official website of ICAI - icai.nic.in. Candidates can check their CA Intermediate result 2024 by logging into the examination portal, using the CA registration number and roll number. Along with the result, ICAI also released the CA Inter toppers list and CA Inter pass percentage. 

Steps to check CA Intermediate 2024 result

Step 1- Go to ICAI's official website 

Step 2- Click on the option result

Step 3- Select "Intermediate 2024" from the available options

Step 4- Enter your roll number and registration no. and captcha code

Step 5- The result will appear on the screen

Step 6- Download and take a printout for future reference

Candidates who wish to receive their CA Intermediate result through SMS facility or email can check details here.

Details mentioned in CA Intermediate Result 2024

  • Name and roll number of the candidate
  • Marks obtained in Group I/ II/ both
  • Qualifying status of the candidate
  • A combined score of Group I/ II/ both

Note - As per ICAI, candidates need to secure minimum 40% marks in each paper and an aggregate of 50% marks in all subjects to qualify for the next stage - CA final exam.

CA Intermediate Pass Percentage May 2024

Group (s)

No. of candidates appeared

No. of candidates passed

Pass percentage

Group 1

111,77431,97827.15%

Group 2

71,14513,00818.28%

Both groups

59,95611,04118.42%


CA Intermediate May 2024 Toppers

RankTopper NameMarksCity
1Kushagra Roy538Bhiwadi
2Yug Sachin Kariya526Akola
2Yagya Lalit Chandak526Bhayandar
3Manit Singh Bhatia519New Delhi
3Hiresh Kashiramka519Mumbai

Eligibility criteria refer to the minimum set of requirements to be fulfilled by candidates before registering for the course. The ICAI prescribes the official CA Intermediate course eligibility criteria. Complete information related to the qualifying marks, age limit and related is mentioned under the eligibility criteria.  Following candidates can register for the CA Intermediate course-

  • Candidates who have cleared the CA Foundation.
  • Candidates who have passed graduation or post-graduation in Commerce stream, securing a minimum of 55% marks in aggregate or its equivalent grade
  • Candidates who are in their final year of graduation can also register for the CA Intermediate course on a provisional basis

The registration for CA Intermediate exam Sep 2025 session is currently open till February 1, 2025. Candidates can register in online mode in the official portal of ICAI. Candidates can register for the CA Intermediate exam through two routes - (i) after clearing CA Foundation exam, (ii) direct entry route. 

Direct Entry Route is open for -

  • Candidates who have completed graduation/ post-graduation in commerce with a minimum of 55% marks (for other graduates 60%) can register for the CA Intermediate exam
  • Candidates who have passed the intermediate level of the Institute of Company Secretaries of India and Institute of Cost Accountants of India

Note- Since the CA Intermediate exam is conducted twice a year the registration process continues throughout the year. However, candidates who wish to appear for the exam must register with the Board of Studies at least 8 months before the start of the exam.

After registration and completion of the required study period, candidates are required to apply online and complete the CA Inter exam form. 

CA Intermediate Exam Form process -

  • Step 1- Go to the official website - icai.org
  • Step 2- Click on the link "e-services"
  • Step 3- Select student services from the drop-down menu
  • Step 4- Click on CA Intermediate form
  • Step 5- Fill the CA Intermediate application form
  • Step 6- Upload the required documents
  • Step 7- Make an online payment 
  • Step 8- Save the receipt for future reference

CA Intermediate Registration Fees

Fee DetailsBoth GroupsGroup I/II
Registration fee15000*11000*
Students' activities fee20002000
Others1000
Total1800013000

*Students belonging from newly formed Union Territories are given concession. 


CA Intermediate Exam Form Fee

ParticularsExam CityCA Intermediate Exam Fees

Both groups of CA intermediate exam

Indian cities

Rs 2700

Kathmandu

Rs 3400

Overseas exam centres

USD 500

Either group I or group II of CA intermediate

Indian cities

Rs 1500

Nepal/ Bhutan

Rs 2200

Other overseas exam centres

USD 325


CA Intermediate 2024 Exam Centres

ICAI officially releases the list of CA Intermediate exam centres at the time of the registration process. The CA Inter 2024 exam will be conducted at 290 cities in India and 8 cities abroad.

Certificate Courses Offered by ICAI

Download this e-book to know more about the certificate courses.

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Documents Required at Exam CA Intermediate Exam 2024

CA Intermediate Exam 2024

  • Hard copy of CA Intermediate admit card, Government ID Proof such as Aadhaar card/ pan card/ voter ID card.
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The Institute of Chartered Accountants of India (ICAI) prescribes the official exam pattern for the CA Intermediate exams 2024. Complete information related to the time duration, number of questions asked, difficulty level, modules, number of papers, mode of the exam can be found in the exam pattern.

CA Intermediate Exam Pattern 2024

ParticularsDetails

Mode of exam

Offline

Frequency (Thrice a year)

  • January

  • May 

  • September

Level of CA Intermediate exam

National-level exam

Paper(s)

Intermediate - 6 papers (ICAI New Scheme)

Intermediate - 8 papers (New syllabus)

Intermediate (IPC) - 7 papers (Old syllabus)

Duration of the question papers

3 hours

Type of questions asked

Subjective and Objective type

Negative markingNo


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CA Intermediate Exam 2024 Syllabus

CA Intermediate Exam 2024 CA Intermediate Exam 2024

Accounting: Unit 01


Process of formulation of accounting standards
  • Including Ind ASs (IFRS converged standards) and IFRSs; convergence vs. adoption; objective and concepts of carve outs

Accounting: Unit 03


Applications of accounting standards
  • AS 1: Disclosure of accounting policies, AS 2 : Valuation of inventories, AS 3 : Cash flow statements, 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 10: Property, plant, and equipment, AS 11: The effects of changes in foreign exchange rates, AS 12: Accounting for government grants
  • AS 13: Accounting for investments, AS 16: Borrowing costs, AS 17: Segment reporting, AS 22: Accounting for taxes on income

Accounting: Unit 04


Company accounts
  • Preparation of financial statements-statement of profit and loss, balance sheet and cash flow statement; managerial remuneration; accounting for tax: Concept of deferred tax asset and deferred tax liability in line with AS 22 ''accounting for taxes''
  • Profit (loss) prior to incorporation; accounting for bonus issue and right issue; redemption of preference shares; redemption of debentures

Accounting: Unit 05


Accounting for special transactions
  • Investment; insurance claims for loss of stock and loss of profit; hire-purchase and instalment sale transactions

Accounting: Unit 06


Special type of accounting
  • Departmental accounting; accounting for branches including foreign branches; accounts from incomplete records

Accounting: Unit 07


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

Corporate and other laws (company law): Unit 01


The companies act, 2013-sections 1 to 148
  • Preliminary, 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

Corporate and other laws (company law): Unit 02


The companies act, 2013-sections 1 to 149
  • Declaration and payment of dividend, accounts of companies, audit and auditors

Corporate and other laws (other laws): Unit 01


The Indian contract act, 1872 (specific contracts covered from section 123 onwards)
  • Contract of indemnity and guarantee, bailment, pledge, agency

Corporate and other laws (other laws): Unit 02


The negotiable instruments act, 1881
  • Meaning of negotiable instruments, characteristics, classification of instruments, different provisions relating to negotiation, negotiability, assignability, right and obligation of parties, presentment of instruments, rules of compensation

Corporate and other laws (other laws): Unit 03


The general clauses act, 1897
  • Important definitions, extent and applicability, general rules of construction, powers and functionaries, provisions as to orders, rules, etc made under enactments, miscellaneous

Corporate and other laws (other laws): Unit 04


Interpretation of statutes
  • Rules of interpretation of statutes, aids to interpretation, rules of interpretation/ construction of deeds and documents

Cost and management accounting: Unit 01


Overview of cost and management accounting
  • Introduction to cost and management accounting: (a) Objectives and scope of cost and management accounting, (b) the users of cost and management accounting information, functions of management accounting
  • Introduction to cost and management accounting: (c) Role of cost accounting department in an organisation and its relation with other departments, (d) installation of costing system, (e) relationship of cost accounting, financial accounting
  • Introduction to cost and management accounting: (e) Relationship of management accounting and financial management, (f) cost terms and concepts, (g) cost reduction and cost control, (h) elements of costs, (i) cost behavior pattern
  • Introduction to cost and management accounting: (i) Separating the components of fixed, variable semi variable, and step costs, (j) methods of costing, techniques of costing, (k) cost accounting with use of information technology
  • Elements of cost and preparation of cost sheets: (a) Functional classification and ascertainment of cost, (b) preparation of cost sheets for manufacturing sector and for service sector

Cost and management accounting: Unit 02


Ascertainment of cost and cost accounting system
  • Material cost: (a) Procurement procedures-store procedures and documentation in respect of receipts and issue of stock, stock verification, (b) valuation of material receipts, (c) inventory control-techniques of fixing level of stocks-minimum, maximum
  • Material cost: (c) Inventory control-techniques of fixing level of stocks-reorder point, safety stock, determination of optimum stock level, determination of optimum order quantity-economic order quantity (EOQ)
  • Material cost: (c) Inventory control-techniques of inventory control-ABC analysis, fast, slow moving and non moving (FSN), high, medium, low (HML), vital, essential, desirable (VED)
  • Material cost: (c) Inventory control-techniques of inventory control-just-in-time (JIT)-stock taking and perpetual inventory system, use of control ratios, (d) inventory accounting
  • Employee cost: (a) Attendance and payroll procedures-elements of wages-basic pay, dearness allowance, overtime, bonus, holiday and leave wages, allowances and perquisites, (b) employee cost control
  • Employee cost: (c) Employee turnover-methods of calculating employee turnover, causes of employee turnover, effects of employee turnover, (d) utilisation of human resource, direct and indirect employee cost, charging of employee cost
  • Employee cost: (d) Identifying employee hours with work orders or batches or capital jobs, (e) Remuneration systems and incentive schemes-premium bonus method (Halsey plan and Rowan plan)
  • Overheads: (a) Functional analysis-factory, administration, selling, distribution, research, and development, (b) behavioral analysis-fixed, variable, and semi-variable, (c) allocation and apportionment of overheads using absorption costing method
  • Overheads: (d) Factory overheads-primary and secondary distribution, (e) administration overheads- method of allocation to cost centres or products, (f) selling and distribution overheads-analysis and absorption of the expenses in products/ customers
  • Overheads: (f) Selling and distribution overheads-impact of marketing strategies, cost effectiveness of various methods of sales promotion, (g) Treatment of research and development cost in cost accounting
  • Concepts of activity based costing (ABC)
  • Recording and accounting of costs: (a) Non-integrated cost accounting system-ledger under non-integral system, (b) integrated (cost and financial) accounting system-ledgers under integral system
  • Recording and accounting of costs: (c) Difference between the non-integrated and integrated accounting system, (d) reconciliation of profit as per cost and financial accounts (under non-integrated accounting system)

Cost and management accounting: Unit 03


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
  • Contract costing: (a) Ascertainment of cost of a contract, progress payment, retention money, escalation clause, cost plus contract, value of work certified, cost of work not certified. b) Determination value of work certified, cost of work not certified
  • Contract costing: (b) Notional or estimated profit from a contact
  • Process/ operation costing: (a) Process cost recording, process loss, abnormal gains and losses, equivalent units of production, inter-process profit, valuation of work in process, (b) joint products-apportionment of joint costs
  • Process/ operation costing: (b) Joint products-methods of apportioning joint cost over joint products, (c) by-products-methods of apportioning joint costs over by-products, treatment of by-product cost
  • Costing of service sectors: (a) Determination of costs and prices of services

Cost and management accounting: Unit 04


Cost control and analysis
  • Standard costing: (a) Setting up of standards, types of standards, standard costing as method of performance measurement, (b) calculation and reconciliation of cost variances-material cost variance, employee cost variance
  • Standard costing: (b) Calculation and reconciliation of cost variances-variable overheads variance and fixed overhead variance
  • Marginal costing: (a) 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)
  • Marginal costing: (a) Multi-product break-even analysis, consideration of limiting factor (key factor), (b) determination of cost of a product/ service under marginal costing method, determination of cost of finished goods, work-in-progress
  • Marginal costing: (c) Comparison of marginal costing with absorption costing method- reconciliation of profit under the both methods, (d) short term decision making using the above concepts (basic/ fundamental level)
  • Budget and budgetary control: (a) Meaning of budget, essentials of budget, budget manual, budget setting process, preparation of budget and monitoring procedures, (b) the use of budget in planning and control
  • Budget and budgetary control: (c) Flexible budget, preparation of functional budget for operating and non-operating functions, cash budget, master budget, (d) introduction to principal/ key budget factor, zero based budgeting (ZBB), performance budget
  • Budget and budgetary control: (d) Control ratios and budget variances

Taxation (income tax law): Unit 01


Basic concepts
  • Income-tax law: An introduction, important definitions in the income-tax act, 1961, concept of previous year and assessment year, basis of charge and rates of tax

Taxation (income tax law): Unit 02


Residential status and scope of total income
  • Residential status, scope of total income

Taxation (income tax law): Unit 03


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

Taxation (income tax law): Unit 04


Heads of income and the provisions governing computation of income under different heads
  • Salaries, income from house property, profits and gains of business or profession, capital gains, income from other sources

Taxation (income tax law): Unit 05


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 revocable transfer of assets, clubbing of income of income arising to spouse, minor child and son’s wife in certain cases
  • Conversion of self-acquired property into property of HUF

Taxation (income tax law): Unit 06


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

Taxation (income tax law): Unit 07


Deductions from gross total income
  • General provisions, deductions in respect of certain payments, specific deductions in respect of certain income, deductions in respect of other income, other deductions

Taxation (income tax law): Unit 08


Computation of total income and tax liability of individuals
  • Income to be considered while computing total income of individuals, procedure for computation of total income and tax liability of individuals

Taxation (income tax law): Unit 09


Advance tax, tax deduction at source and introduction to tax collection at source
  • Introduction, direct payment, provisions concerning 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

Taxation (income tax law): Unit 10


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 return of income, self-assessment

Taxation (indirect taxes): Unit 01


Concept of indirect taxes
  • Concept and features of indirect taxes, principal indirect taxes

Taxation (indirect taxes): Unit 02


Goods and services tax (GST) laws
  • GST laws: An introduction including constitutional aspects, levy and collection of CGST and IGST: (a) Application of CGST/ IGST law, (b) concept of supply including composite and mixed supplies, (c) charge of tax including reverse charge
  • Levy and collection of CGST and IGST: (d) exemption from tax, (e) composition levy, basic concepts of time and value of supply, input tax credit, computation of GST liability, registration, tax invoice; credit and debit notes; electronic way bill, returns
  • Payment of tax

Advanced accounting: Unit 01


Application of accounting standards
  • AS 7: Construction contracts, AS 9: Revenue recognition, AS 14: Accounting for amalgamations, AS 18: Related party disclosures, AS 19: Leases, AS 20: Earnings per share, AS 24: Discontinuing operations, AS 26: Intangible assets, AS 29: Provisions
  • AS 29: Contingent liabilities, and contingent assets

Advanced accounting: Unit 03


Special aspects of company accounts
  • Accounting for employee stock option plan; buy back of securities; equity shares with differential rights; underwriting of shares and debentures

Advanced accounting: Unit 04


Reorganization of companies
  • Accounting for amalgamation (excluding intercompany holding) and reconstruction; accounting involved in liquidation of companies

Advanced accounting: Unit 05


Financial reporting of banking, financial services, and insurance (BFSI)
  • Insurance companies; banking companies; non-banking financial companies; mutual funds and regulatory requirements thereof

Advanced accounting: Unit 06


Valuation of goodwill

    Advanced accounting: Unit 07


    Consolidated financial statements
    • Concept of consolidation and simple problems on consolidated financial statements with single subsidiary
    • Financial statements with single subsidiary (excluding problems involving acquisition off interest in subsidiary at different dates; different reporting dates; disposal of a subsidiary and foreign subsidiaries)

    Auditing and assurance: Unit 01


    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
    • Standard setting process: Role of International Auditing and Assurance Standards Board (IAASB) and Auditing and Assurance Standards Board (AASB); standards on auditing, guidance note(s) issued by the ICAI; engagement standards: Qualities of auditor
    • Engagement standards: 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)
    • Engagement standards: 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)
    • Engagement standards: Preconditions for an audit; audit engagement; agreement on audit engagement terms; terms of engagement in recurring audits (SA 210 agreeing the terms of audit engagements); leadership responsibilities for quality on audits
    • Engagement standards: 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)

    Auditing and assurance: Unit 02


    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)

    Auditing and assurance: Unit 03


    Audit documentation and audit evidence
    • Concept of audit documentation; nature and purpose of audit documentation; form, content and 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); written representations 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 and 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 and transactions
    • Understanding the entity's related party relationships and 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)

    Auditing and assurance: Unit 04


    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

    Auditing and assurance: Unit 05


    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 there under including reporting requirements under CARO

    Auditing and assurance: Unit 06


    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

    Auditing and assurance: Unit 07


    Audit sampling
    • 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)

    Auditing and assurance: Unit 08


    Analytical procedure
    • 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)

    Auditing and assurance: Unit 09


    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 and fuel, rent, repair to building, repair to machinery, insurance, taxes, travelling expenses, miscellaneous expenses, etc
    • Audit of share capital, reserve and surplus, long term borrowings, trade payables, provisions, short term borrowings and other current liabilities
    • Audit of land, buildings, plant and equipment, furniture and fixtures, vehicles, office equipments, goodwill, brand/ trademarks, computer software, etc
    • Audit of loan and advances, trade receivable, inventories, cash and cash equivalent, other current assets
    • Audit of contingent liabilities

    Auditing and assurance: Unit 10


    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 there under

    Auditing and assurance: Unit 11


    Audit report
    • 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)

    Auditing and assurance: Unit 12


    Audit of banks
    • Understanding of accounting system in banks, audit approach, audit of revenue items, special consideration in bank audit with emphasis on advances and NPAS

    Auditing and assurance: Unit 13


    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, that is, educational institutions, hotels, clubs
    • Audit report in respect of different category of entities mentioned below: Hospitals basics of limited liability partnerships (LLPs) audit and co-operative societies audit

    Enterprise information systems and strategic management (enterprise information systems): Unit 01


    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
    • Risks and controls for specific business processes: 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

    Enterprise information systems and strategic management (enterprise information systems): Unit 02


    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

    Enterprise information systems and strategic management (enterprise information systems): Unit 03


    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

    Enterprise information systems and strategic management (enterprise information systems): Unit 04


    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

    Enterprise information systems and strategic management (enterprise information systems): Unit 05


    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

    Enterprise information systems and strategic management (strategic management): Unit 01


    Introduction to strategic management
    • Business policy, meaning and nature of strategic management, business strategy, strategic levels in organizations, strategic management in government and not-for-profit organization

    Enterprise information systems and strategic management (strategic management): Unit 02


    Dynamics of competitive strategy
    • Competitive landscape, strategic analysis, industry and competitive analysis, core competence, competitive advantage, internal and external analysis, SWOT analysis, globalization

    Enterprise information systems and strategic management (strategic management): Unit 03


    Strategic management process
    • Strategic planning, strategic intent-vision, mission, and objectives, strategy formulation

    Enterprise information systems and strategic management (strategic management): Unit 04


    Corporate level strategies
    • Concepts and nature of corporate strategy, strategic alternatives at corporate level: Stability, growth/ expansion, business combinations-merger and acquisition, strategic alliances, retrenchment/ turnaround, combination

    Enterprise information systems and strategic management (strategic management): Unit 05


    Business level strategies
    • Competitive strategies at business level, Michael porter’s generic strategies, best-cost provider strategy

    Enterprise information systems and strategic management (strategic management): Unit 06


    Functional level strategies
    • Marketing strategy, financial strategy, operations strategy, human resource strategy, research and development

    Enterprise information systems and strategic management (strategic management): Unit 07


    Organisation and strategic leadership
    • Organisation structure, strategic business unit, strategic leadership, strategy supportive culture, entrepreneurship and intrapreneurship

    Enterprise information systems and strategic management (strategic management): Unit 08


    Strategy implementation and control
    • Strategy implementation, strategic change, strategic control, strategy audit, business process reengineering, benchmarking

    Financial management and economics for finance (financial management): Unit 01


    Financial management and financial analysis
    • Introduction to financial management function: (a) Objective and scope of financial management, (b) role and purpose, (c) financial management environment, (d) functions of finance executives in an organization, (e) financial distress and insolvency
    • Financial analysis through ratios: (a) Users of the financial analysis, (b) sources of financial data for analysis, (c) calculation and interpretation of ratios: Analysing liquidity, analysing leverage, analysing solvency, analysing efficiency/ activity
    • Financial analysis through ratios: (c) Calculation and interpretation of ratios-analysing profitability, (d) limitations of ratio analysis

    Financial management and economics for finance (financial management): Unit 02


    Financing Decisions
    • Sources of finance: (a) Different sources of finance, characteristics of different types of long term debt and equity finance, method of raising long term finance, (b) different sources of short term finance, (c) internal fund as a source of finance
    • Sources of finance: (d) International sources of finance, (e) other sources of finance-sale and lease back, convertible debt, venture capital, grants, etc
    • Lease financing: (a) Concept and classification, (b) significance and limitations of lease financing, (c) financial evaluation of leasing decision
    • Cost of capital: (a) Significance of cost of capital, (b) factors of cost of capital, (c) measurement of costs of individual components of capital, (d) weighted average cost of capital, (WACC), (e) marginal cost of capital, (f) effective interest rate
    • Capital structure decisions: (a) Significance of capital structure, (b) determinants of capital structure, (c) capital structure planning and designing, (d) designing of optimum capital structure
    • Capital structure decisions: (e) Theories of capital structure and value of the firm-relevancy and irrelevancy of capital structure, (f) EBIT-EPS analysis, breakeven-EBIT analysis. g) Under/ over capitalisation
    • Leverages: (a) Types of leverages-operating, financial, and combined, (b) analysis of leverages

    Financial management and economics for finance (financial management): Unit 03


    Capital investment and dividend decisions
    • Capital investment decisions: (a) Objective of capital investment decisions, (b) methods of investment appraisal: Payback period, discounted payback period, accounting rate of return (ARR), net present value (NPV)-the meaning of NPV
    • Capital investment decisions: (b) Methods of investment appraisal-net present value (NPV)-strengths and limitations of NPV method, the working capital adjustment in an NPV analysis, capital rationing, equivalent annual costs
    • Capital investment decisions: (b) Methods of investment appraisal-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
    • Capital investment decisions: (b) Methods of investment appraisal-modified internal rate of return (MIRR)-strengths of the MIRR approach. Profitability index
    • Adjustment of risk and uncertainty in capital budgeting decision: (a) Probability analysis, (b) certainty equivalent method, (c) risk adjusted discount rate, (d) scenario analysis, (e) sensitivity analysis
    • Dividend decisions: (a) Basics of dividends, (b) forms of dividend, (c) determinants of dividend, (d) relevancy and irrelevancy of dividend policies-traditional approach, Walter’s model, Gordon’s model, Modigliani, and Miller (MM) hypothesis

    Financial management and economics for finance (financial management): Unit 04


    Management of working capital
    • Management of working capital: (a) The management of working capital-liquidity and profitability, (b) the working capital financing decisions-primary and secondary sources of liquidity, (c) the working capital cycle (operating cycle)
    • Management of working capital: (c) Effectiveness of working capital based on its operating and cash conversion cycles, (d) assessment of working capital requirement, (e) management of accounts receivables (debtors)
    • Management of working capital: (f) Factoring and forfaiting, (g) management of accounts payables (creditors), (h) management of inventory, (i) management of cash, treasury management, (j) banking norms of working capital finance

    Financial management and economics for finance (economics for finance): Unit 01


    Determination of national income
    • Macro economic aggregates and measurement of national income, the Keynesian theory of determination of national income

    Financial management and economics for finance (economics for finance): Unit 02


    The money market
    • The concept of money demand: Important theories of demand for money, the concept of money supply, monetary policy

    Financial management and economics for finance (economics for finance): Unit 03


    Public finance
    • Fiscal functions: An overview
    • Market failure, government interventions to correct market failure, fiscal policy

    Financial management and economics for finance (economics for finance): Unit 04


    International trade
    • Theories of international trade, trade policy-the instruments of trade policy, trade negotiations, exchange rates and its economic effects, international capital movements: Foreign direct investment

    To crack CA Intermediate exam candidates can refer to the official study material provided by ICAI. If you still look for some additional preparation material, then along with it, go to the market. It is filled with a number of books for CA Intermediate preparation. But first, figure out what you cannot find in the official study material and look for those books that can help you understand the basics related to those topics. 

    Best books for CA Intermediate preparation will help you get hold of the topics which otherwise you would not have understood. Along with it, you can also solve sample papers/ previous year question papers to do indepth analysis of the types of questions asked. 

    The Institute of Chartered Accountants of India (ICAI) issued the CA Inter September 2024 admit card on August 28, 2024. Admit card of CA Intermediate is an important document. All candidates must download a copy of the admit card before appearing in the exam. Going to the exam centre without admit card may lead to disqualification. Complete exam related instructions are mentioned in the CA Intermediate admit card. Candidates must read them before heading for the exam.

    How to Download the CA Intermediate Admit Card?

    • Visit the ICAI official website - icaiexam.icai.org
    • Go to “Login/Registration” tab
    • Enter with your CA Intermediate login credentials
    • Click on the option view admit card
    • Verify your details mentioned on CA Intermediate admit card
    • Download the admit card 

    Details Mentioned on the CA Intermediate Admit card

    • Candidate’s name and address
    • Photograph and signature of the candidate
    • Candidate’s registration number
    • Exam centre details
    • Reporting time
    • Module/ Papers
    • Exam day instructions

    General Information

    Contacts

    7877966966

    Relevant Links

    Official Website Link Click Here + 2 more
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    Frequently Asked Questions

    1. When will CA Intermediate September 2024 exams be conducted?

    ICAI conducted the CA Intermediate September 2024 exams from Septembe 12 to 23, 2024, in offline mode.

    2. I am in final year of graduation, but I want to register for CA Intermediate exam. Can I register?

    Yes, through the direct entry route, you can register yourself. Keep in mind the cutoff dates of registration. Also, through "Direct Entry Route", a student can appear in CA Intermediate only after the completion of 9 months of practical training. A student has to commence the practical training latest by August 1/ February 1 for being eligible to appear in May/ November examinations respectively. 

    3. What is the cutoff date to register for CA Intermediate exam?

    CA Intermediate exam registration deadlines for May/ July and November/ December are September 1 and March 1 respectively. 

    4. Do I need to qualify both groups of CA Intermediate exam to register for CA Final?

    Yes, in order to register for the next stage (CA Final) candidates have to qualify both the groups of CA Intermediate exam.

    5. Is it difficult to pass CA Intermediate exam?

    Candidates can pass the CA Intermediate exam with right set of preparation strategy.

    6. What is the validity of CA Intermediate exam registration?

    CA Intermediate registration is valid for 4 years and can be revalidated further by paying additional amount.

    7. Are there any restrictions on number of attempts in CA Intermediate exams?

    No, ICAI has not fixed any restrictions on the number of attempts one can give. However, candidates must note that they can give the exams only till their registration period is valid.

    8. Where can I register for CA Intermediate exam?

    You can register on the official website of ICAI under the e-services dashboard. Registration can be done post-qualifying CA Foundation exams or through the direct entry route. 

    Questions related to

    Have a question related to ?

    Hello,


    CMA or Cost and Management Accounting is a certificate course providing CMA designation to the qualifiers. CMA has both descriptive and objective questions. CMA foundation is a mixture of questions. It is a three hour long exam conducted by ICMAI and it is a paper based on mainly class 12th concepts.

    CMA examination has a mixture of objective and descriptive questions.


    I hope this helps,


    All the best

    Hello Aspirant,

    Hope you are doing great.  A common course that covers accounting, taxation, financial analysis, and financial economics is called chartered accountancy, or CA. The three-level CA course offered in India is in high demand both domestically and internationally. Delhi, Bangalore, Mumbai, and Ahmedabad are a few of the most well-known Indian cities for studying accounting. Students frequently see each other studying B.Com and CA at the same time. Students from Nepal are also seen travelling to India to enroll in a CA programme in addition to students from India.

    In India, CA programmes are typically offered by private and semi-government institutions. The Institute of Chartered Accountants of India (ICAI) considers the students certified and qualified Chartered Accountants after they complete this course (CAs).

    Top CA Colleges in India:

    • Vista Academy, Dehradun
    • ETEN CA, Guwahati
    • PIRON Scholl of Business and Finance, Mumbai
    • Siddhartha Academy, Thane
    • Navkar Institute, Ahmedabad
    • The Institute of Chartered Accountants of India (ICAI), Noida
    • Indian Institute of Finance and Accounts, Pune
    • Pearn Accountants, International Accountants and Business Consultants, Kochi
    • Zell Education Mumbai
    • CMS For CA, Hyderabad
    • PIRON School of Business and Finance, Bangalore
    • International School of Financial Studies, Secunderabad

    ALL THE BEST

    Hi,

    For being eligible for the direct entry route in CA i.e for giving CA Intermediate exam directly without apppearing for the CA foundation exam you need to atleast complete your graduation. Since you have just completed your second semester exam you are not eligible for the direct entry route as you have not completed your graduation. Hence, you must prepare for your CA foundation exam first . Only when you clear CA foundation you will be eligibe for appearing for your CA intermediate exam.

    Hope this helps

    Thanks

    Hi

    To become a CA one needs to go through given 4 levels, listed below :-

    1) ca foundation

    2 ) ca intermediate

    3) articleship Training

    4 )ca final

    >>>>>>>>> Class 12th pass students need to start with foundation

    >>>>>>>>>>> while graduates

    • commerce graduates with at least 55%

    • and non commerce graduate with at least 60% in their graduation

    don't have to go through CA Foundation, they can start directly start from level 2 i. e CA Intermediate through direct scheme.

    As you are a BA i. e non- commerce graduate with 71 %  i. e more than 60 % , so yes, you can definitely  directly start with CA Intermediate through direct entry scheme   .

    To register you need to visit the  official website i. e icai.org (http://icai.org/) . And after registration you need at least 8 months of study to appear  for CA intermediate examination.

    Each level you need to go through is described below briefly :-

    ----------------)  2. CA Intermediate

    In your CA Intermediate, you have 2 groups with 4 papers or subjects in each group

    >>>>>CA Intermediate Group 1:-  You have following subjects :-

    *accounting

    * cost and management accounting

    *corporate and Other laws

    * taxation


    >>>>>CA Intermediate Group 2:-  You have following subjects :-

    *advanced accounting

    *enterprise information systems & strategic management

    *auditing and assurance

    *financial management & economics for finance

    In oder to clear CA intermediate , you need at least 40% marks  individually in each  subjects and at least 50% in overall aggregate .


    ----------------) 3.  Articleship Training

    You can register for articleship after 1 or  both groups of CA Intermediate. Articleship Training is of 3 years. During the last 2 years of your Articleship Training you  have to complete your AICITSS i. e Advanced Integrated Course on Information Technology and Soft Skills

    ----------------) 4. CA Final Group

    After qualifying both groups of CA Intermediate, you become eligible for CA Final registration. And can appear in CA final examinations either after completion of your Articleship Training or when you are in the last 6 months of your articleship training.

    There are 2 groups with 4 subjects in each which are given below:-

    >>>>>CA Final Group 1:

    *financial reporting

    *advanced auditing and professional ethics

    *strategic financial management

    *corporate and allied Laws


    >>>>>CA Final Group 2:


    *advanced Management Accounting

    *direct Tax Laws

    *indirect Tax Laws

    *information Systems Control and Audit

    After the completion of articleship training and clearing CA Final , you become eligible for applying for the membership of the Institute of Chartered Accountants of India after which become a CA.

    For detailed information visit

    https://finance.careers360.com/articles/how-to-become-a-ca-in-india

    Thank you


    Hello,

    The last date to register for CA Intermediate 2022 November is March 1, 2022. The Institute of Chartered Accountants of India (ICAI) keeps the registration for CA Intermediate open throughout the year.  To register for CA Intermediate course, candidates have two options - admission through direct entry route or after clearing CA Foundation exam. There is no upper age limit for CA Intermediate registration. Candidates who are in their final year of graduation can also register for the CA Intermediate course on a provisional basis.

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