Saumya Singh
January 24, 2017
0
Are
you preparing for the CA examination from outdated syllabus!!! Check out the
latest CA Syllabus 2017. Every year Institute of Chartered
Accountant of India, used to conduct various types of examinations such as Common
Proficiency Test (CPT), (Integrated Professional Competence Course (IPCC),
Accounting Technician Course (ATC), twice in a year.
Candidates who wants to
appear in the CA examination, used to prepare from the syllabus that is earlier
notified by the board. But it an important announcement for all those
candidates who wants to prepare or are preparing for the CA, that the Institute
of Chartered Accountant of India, has made some of the changes in the Syllabus
of the CA examination. Thereby all those candidates are suggested to download
the latest CA Syllabus 2017. All you need to do is just go this page and follow
the below highlighted step by step procedure to get all the latest update of the CA
syllabus.
CPT
Common Proficiency Test Syllabus (CA Syllabus)
It
is termed as the first stage to become a Chartered Accountant, as it is the
also known as “Entrance Test”. Institute of Chartered Accountant of India used
to conduct this test just to check the knowledge of the Individuals in the
field of financial accounting, general elements of mercantile law, concepts of
Mathematics and Statistics. Candidates who qualify the CPT Test, is allowed to
proceed to the next stage.
CA
CPT Exam pattern
CPT
exam used to have questions based on 4 different subjects that are Fundamentals
of Accounting, Mercantile Laws, General Economics and Quantitative Aptitude.
The total questions are 200 from which candidates need to face 60 marks
questions of Fundamentals of Accounting, 40 marks questions on Mercantile Laws
ad 50-50 each on General Economics and Quantitative Aptitude. Thereby candidates,
who want to qualify the Entrance Exam of the Chartered Accountant, must have to
prepare themselves according to this exam pattern.
Common
Proficiency Test Syllabus (CA Syllabus)
The
exam of the Common Proficiency Test, will be divided into 2 sessions where Session-I,
consist of:
“Section –A:
Fundamentals of Accounting” : In this there are 2 different sections such as:
- “Theoretical Framework” that consist of topics such as Meaning and Scope of accounting, Accounting Concepts, Principles and Conventions and Accounting Standards – concepts, objectives, benefits.
- Accounting Process: It consist of the various books of Accounts that will lead to the preparation of Trial Balance, Capital and revenue expenditures etc.
- Preparation of Final Accounts for Sole Proprietors: It consist of Accounting for Special Transactions, Partnership Accounts, Introduction to Company Accounts etc.
Section-B:
Mercantile Laws: This section includes topics like The Indian Contract Act ,
1872, The Sale of Goods Act, 1930 and The India Partnership Act, 1932.
Session
–II of the Common Proficiency Test
Syllabus, consist of the sections like:
- General Economics: This section consists of the topics such as Micro Economics, Indian Economic Development. These topics will include chapters like Introduction to Micro Economics, Theory of Demand and Supply, Theory of Production and Cost, Theory of Production and Cost, Indian Economy – A Profile, Select Aspects of Indian Economy and Economic Reforms in India.
- Quantitative Aptitude: This section consist of the topics such as Equations Linear, Statistical description of data, Measures of Central Tendency and Dispersion, Correlation and Regression, Theoretical Distributions, Sampling Theory and Index Numbers.
IPCC
Integrated Professional Competence Course Syllabus
Candidates
who will qualify the First stage that is Common Proficiency Test, will then
have to appear in the Integrated Professional Competence Course (IPCC) Test
that is considered as the second stage of the CA (Chartered Accountancy). The
main objective to conduct this exam is to check the level of knowledge with
regard to the Information Technology, knowledge of the professional standards
and application of accounting principles, knowledge of Business Law and Company
Law, and understanding of ethical issues in business etc of the candidates.
CA
IPCC Exam Pattern
The
IPCC exam of the Second stage id divided into 2 major groups that is Group -1
and Group- 2. In 1st group there are total of 5 subjects that carry
100 marks each question paper, and 2nd group has 2 sections of 100
marks each.
CA
IPCC Exam Syllabus: GROUP–I:
The 1st group of the CA IPCC Exam consists of 5 papers that used to
cover syllabus as listed below.
Paper 1: Accounting: In this paper, questions will be based on topics such
as Accounting Standards, Company Accounts, Average Due Date, Account Current,
Self-Balancing Ledgers, Financial Statements of Not-for-Profit Organizations, Accounting
for Special Transactions, Issues in Partnership Accounts, and Accounting in
Computerized Environment.
Paper 2: Business Laws, Ethics And Communication: Second Paper of the CA IPCC Exam,
consist of the syllabus based on the topics such as Business Laws, Company Law,
that consist of the subjects like The Indian Contract Act, 1872, The Negotiable
Instruments Act, 1881, The Payment of Gratuity Act, 1972, Share capital and
debentures, Registration of charges, Incorporation of company and matters
incidental thereto etc.
Paper
3: Cost
Accounting And Financial Management: In the 3rd paper, there
are 2 different part, where Part I is of Cost Accounting that includes topics
such as Introduction to Cost Accounting, Cost Ascertainment, Cost Book-keeping,
Costing Systems, Introduction to Marginal Costing, Introduction to Standard
Costing and Budgets and Budgetary Control. Whereas Part II is based on Financial
Management that consist of topics such as Scope and Objectives of Financial
Management, Time Value of Money, Financial Analysis and Planning, Financing
Decisions, Investment Decisions etc.
Paper 4: Taxation:
In the 4th paper, there are basically 2 major parts, where Part- 1
is of Income-tax that consist topics such as accrue or arise in India, Incomes
which do not form part of total income, Deductions from gross total income, Provisions
for filing of return of income. Whereas Part- 2 is based on Indirect Taxes that
includes topics such as Introduction to excise duty, customs duty, central
sales tax and VAT – Constitutional aspects, Basic concepts relating to levy,
taxable event and related provisions etc.
CA
Final Exam Syllabus
The
final exam of the CA consist of the 8 papers that are divided into 2 major
groups , where Group-1 includes 5 Paper and Group- 2 consist of 3 papers.
Paper
1: Financial
Reporting: This exam consist of the questions based on the topics such as Accounting
for Corporate Restructuring (including inter-company holdings), Accounting and
reporting of financial instruments, Share based payments, Valuation, Developments
in Financial Reporting.
Paper
2: In the 2nd
paper questions will be based on Strategic Financial Management that includes
topics such as Financial Policy and Corporate Strategy, Risk Management, Advanced
Capital Budgeting Decisions, Security Analysis, Security Valuation and Lease
Financing.
Paper
3: Third paper
of the CA final exam is based on Advanced Auditing and Professional Ethics,
that consist of topics such as Auditing Standards, Statements and Guidance
Notes, Risk Assessment and Internal Control, Audit of Limited Companies, Liabilities
of Auditors, Audit Reports, Audit Committee and Corporate Governance, Audit of
Consolidated Financial Statements, Miscellaneous Audits etc.
Paper
4: The 4th
paper is based on Corporate and Other Economic Laws that is divided in two
different sections where
section-1,consist of questions are based on
the topics such as Appointment and Qualifications of Directors, Appointment
and remuneration of Managerial Personnel, Inspection, inquiry and Investigation,
Companies incorporated outside India etc and section-2 is based on ALLIED LAWS
that includes topics such as The Competition Act, 2002, The Foreign Exchange
Management Act, 1999, Securities Contracts (Regulation) Act,1956 etc.
Paper
5: Fifth paper
will be going to cover ADVANCED MANAGEMENT ACCOUNTING, that includes topics
based on Cost Management, Cost Volume Profit Analysis, Pricing Decisions, Budgets
and Budgetary Control, Standard Costing and Variance Analysis, Transfer Pricing
etc.
Paper 6: It consist of Information Systems
Control and Audit (Revised) that will cover topics in its syllabus such as Information
Systems Concepts, Protection of Information Systems, Business Continuity
Planning and Disaster recovery planning, Emerging Technology etc.
Paper 7: The 7th paper of the CA Final Exam will be going to cover the
questions based on The Income-tax Act, 1961 and Rules that may include tax
considerations with regard to specific management decisions, foreign
collaboration agreements, international taxation, amalgamations, tax
incentives, personnel compensation plans, inter relationship of taxation and
accounting etc.
Paper
8: In the 8th
paper, the topics that will be covered are Central Excise, Service Tax, Customs
and Foreign Trade Policy etc.
Conclusion
Through
this page, candidates who are preparing or wants to prepare for CA must get the
latest CA Syllabus 2017 form
this page. As here we have provided the complete details regarding the same.
Candidates must go through this page and grab the complete information
regarding the same.
