CA Syllabus 2024 – Subject-Wise Syllabus for CA Foundation, Intermediate, and Final

The Institute of Chartered Accountants of India (ICAI) is the authority that is responsible for releasing the CA syllabus 2024. The syllabus of Chartered Accountant (CA) is divided into three parts i.e. CA Foundation, CA Intermediate, and CA Final. To complete the CA course, students need to complete all of these levels. 

The syllabus contains topics such as Taxation, Auditing, Accounting, etc. The ICAI CA exams for Foundation, Intermediate, and Final courses are conducted two times in a calendar year in the months of May-June and November-December. In this article, we are going to provide you with the detailed syllabus of CA 2024.

CA Syllabus 2024 Highlights

CA 2024 Syllabus

Let’s check out the level-wise syllabus for Chartered Accountant (CA).

CA Foundation Syllabus 2024

The CA Foundation syllabus is further divided into four parts or 4 papers. Each paper has multiple chapters. Details are as follows.

Paper – 1: Principles and Practice of Accounting  (3 Hours/ 100 Marks)

• Theoretical Framework
• Accounting Process
• Bank Reconciliation Statement
• Inventories
• Concept and Accounting of Depreciation
• Accounting for Special Transactions
• Final Accounts of Sole Proprietors
• Partnership Accounts
• Financial Statements of Not-for-Profit Organizations
• Introduction to Company Accounts

Paper – 2: Business Laws and Business Correspondence and Reporting (3 Hours/ 100 Marks)

Section – A: Business Laws (60 Marks) – The Indian Contract Act, 1872, The Sale of Goods Act, 1930, The Indian Partnership Act, 1932, The Limited Liability Partnership Act, 2008, The Companies Act, 2013.

Paper – 3: Business Mathematics, Logical Reasoning, and Statistics (3 Hours/ 100 Marks)

Paper – 4: Business Economics and Business, and Commercial Knowledge (3 Hours/ 100 Marks)

CA Intermediate Syllabus 2024

The syllabus of the CA Intermediate is further divided into 8 papers. Check out the syllabus of each paper as given below.

• Paper – 1: Accounting – Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve outs.,Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards), Accounting for Special Transactions, Company Accounts, Application of Accounting Standards, and Special Types of Accounting.
• Paper – 2: Corporate and Other Laws – Part I: Company Law (The Companies Act, 2013 – Sections 1 to 148), Part II: Other Laws, The Indian Contract Act, 1872, The Negotiable Instruments Act, 1881, Interpretation of Statutes, The General Clauses Act, 1897.
• Paper – 3: Cost and Management Accounting – Overview of Cost and Management Accounting, Elements of Cost and Preparation of Cost Sheets, Introduction to Cost and Management Accounting, Ascertainment of Cost and Cost Accounting System, Material Cost, Employee Cost, Overheads, Concepts of Activity Based Costing (ABC), Recording and Accounting of Costs. Methods of Costing, Single Output/ Unit Costing, Job Costing, Batch Costing, Contract Costing, Process / Operation Costing, Costing of Service Sectors, Cost Control, and Analysis, etc.
• Paper – 4: Taxation – Income-tax Law, Basic Concepts, Residential status and scope of total income, Heads of income and the provisions governing computation of income under different heads, Incomes which do not form part of total income, Income of other persons included in assessee’s total income, Aggregation of income; Set-off, or carry forward and set-off of losses, Deductions from gross total income, Computation of total income and tax liability of individuals, Advance tax, tax deduction at source and introduction to tax collection at source, Provisions for filing return of income and self-assessment,  Indirect Taxes, Concept of indirect taxes, etc.
• Paper – 5: Advanced Accounting – Application of Accounting Standards, Special Aspects of Company Accounts, Reorganisation and Liquidation of Companies, Banking Companies and Non-Banking Financial Companies and regulatory requirements thereof., Consolidated Financial Statements, Dissolution of partnership firms including piecemeal distribution of assets; Amalgamation of partnership firms; Conversion of partnership firm into a company and Sale to a company; Issues related to accounting in Limited Liability Partnership.
• Paper – 6: Auditing and Assurance – Nature, Objective, and Scope of Audit, Audit Documentation and Audit Evidence, Risk Assessment and Internal Control, Audit Strategy, Audit Planning and Audit Programme, Analytical Procedures, Audit Sampling, Audit in an Automated Environment, The Company Audit, etc.
• Paper 7: Enterprise Information Systems & Strategic Management – Strategy Implementation and Control, Organisation and Strategic Leadership, Functional Level Strategies, Business Level Strategies, Corporate Level Strategies, Strategic Management Process, Dynamics of Competitive Strategy, Introduction to Strategic Management, E-commerce, M-commerce, and Emerging Technologies, Information Systems and its Components, Financial and Accounting Systems, etc.
• Paper 8: Financial Management & Economics for Finance – International Trade, The Money Market, Public Finance, Management of Working Capital, Dividend Decisions, Adjustment of Risk and Uncertainty in Capital Budgeting Decisions, Capital Investment Decisions, Leverages, Cost of Capital, Sources of Finance, Financing Decisions, Financial Analysis through Ratios, etc.

CA Final Subjects

• Paper 1: Financial Reporting – Framework for Preparation and Presentation of Financial Statements, Application of Indian Accounting Standards (Ind AS), Indian Accounting Standards on Group Accounting, Accounting and Reporting of Financial Instruments (as per Ind AS), Analysis of Financial Statements, Integrated Reporting, Corporate Social Responsibility Reporting.
• Paper 2: Strategic Financial Management – Financial Policy and Corporate Strategy, Risk Management, Security Analysis, Security Valuation,  Portfolio Management, Securitization, Mutual Funds,  Derivatives Analysis and Valuation, Foreign Exchange Exposure and Risk Management, International Financial Management, Interest Rate Risk Management, Corporate Valuation, Mergers, Acquisitions and Corporate Restructuring, Startup Finance.
• Paper 3: Advanced Auditing & Professional Ethics – Auditing Standards, Statements and Guidance Notes, Audit Planning, Strategy and Execution, Risk Assessment and Internal Control, Special aspects of Auditing in an Automated Environment, Audit of Limited Companies, Audit Reports, Audit Committee and Corporate Governance, Audit of Consolidated Financial Statements, Special features of audit of Banks, Insurance & Non-Banking Financial Companies, Audit under Fiscal Laws, Audit of Public Sector Undertakings, Liabilities of Auditors, Internal Audit, Management and Operational Audit, Due Diligence, Investigation and Forensic Audit, Peer Review and Quality Review, Professional Ethics.
• Paper 4: Corporate and Economic Laws – The Companies Act, 2013, Corporate Secretarial Practice, The Securities Contract (Regulation) Act, 1956 and the Securities Contract (Regulation) Rules, 1957: Introduction and important provisions, The Securities Exchange Board of India Act, 1992, and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, The Foreign Exchange Management Act, 1999, The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, The Prevention of Money Laundering Act, 2002, Foreign Contribution Regulation Act, 2010, The Arbitration and Conciliation Act, 1996, The Insolvency and Bankruptcy Code, 2016.  
• Paper 5: Strategic Cost Management And Performance Evaluation – Strategic Cost Management and Decision Making, Introduction to Strategic Cost Management, Lean System and Innovation, Cost Management Techniques, Cost Management for Specific Sectors, Decision Making, Pricing Strategies/Decisions, Performance Measurement and Evaluation, Divisional Transfer Pricing, Strategic Analysis of Operating Income, Budgetary Control, Standard Costing, Case Study (covering Course Concepts).
• Paper 6A: Risk Management – Introduction to Risk, Source and Evaluation of Risks, Risk Management, Evaluation of Risk Management Strategies, Risk Model, Credit Risk Measurement and Management, Risk Associated With Corporate Governance, Enterprise Risk Management, Operational Risk Management.
• Paper 6 B: Financial Services and Capital Markets – Global Financial Markets, Impact of various Policies of Financial Markets, Capital Market – Primary, Capital Market – Secondary, Money Market, Institutions and Intermediaries, Commodity Market, Banking as a source of Capital including NBFCs, Mutual Funds, Investment Banking, Private Equity, Treasury Operations, Credit Rating, etc.
• Paper 7: Direct Tax Laws & International Taxation – Direct Tax Laws, Law and Procedures under the Income-tax Act, 1961, International Taxation, Taxation of international transactions and Non-resident taxation.
• Paper 8: Indirect Tax Laws – Goods & Services Tax, 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, Customs Law as contained in the Customs Act, 1962 and the Customs Tariff Act, 1975, Foreign Trade Policy to the extent relevant to the indirect tax laws.

Recommended Books for CA Courses

The books recommended are different for CA Foundation, Intermediate, and Final Courses. Some of the most popular books are given in the table below.

Frequently Asked Questions