Courses

CA NEW SYLLABUS 2017 wef 1st JULY 2017

Posted: Sun, 12 Jul 2015, 11:23:00 am

Revised Scheme of Education and Training for Chartered Accountancy Course w.e.f 1st JULY 2017


 Revised Scheme: Route I – FoundationCourse                 


Under the Foundation Course Route, the following steps are required:

Register with Board of Studies (BOS) after appearing in Class XII examination till June     30/Dec 31.
Be eligible to appear for Foundation examination after passing Class XII examination. The first foundation examination can be taken in November/May, as applicable, following passing of class XII examination.

Qualify Foundation Course.

Register with the BoS for the Intermediate Course.
Complete 8 months of study course.
Appear and pass in either or both Groups of Intermediate Course.
Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skill (ICITSS) before commencement of the Practical Training.
Register for Three Years Practical Training on passing either or both the Groups of Intermediate Course.
Register for the Final Course after qualifying both the Groups of Intermediate Course.
Successfully complete Four Weeks Advanced ICITSS during the last two years of Practical Training.
Complete Practical Training.
Appear in Final Examination after completion of Practical Training and Advanced ICITSS.
Become Member.
#Note: ICAI has decided in principle the above mentioned Scheme. However, the scheme will be notified in the official Gazette in due course.


     Revised Scheme: Route II – Direct Entry Route   #   

The ICAI allows Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/Post-Graduates (with minimum 60% marks) and Intermediate level passed students of Institute of Company Secretaries of India and Institute of Cost Accountants of India to enter directly to its Intermediate Course. The following steps are required to be undertaken by the eligible Graduates and Post Graduates under this route:
Register with the BOS for the Intermediate course(provisional registration allowed to the students doing Final year of graduation).
Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skill (ICITSS)before commencement of the Practical Training.
Register for Three Years Practical Training.
Appear in Intermediate Examination after Nine months of Practical Training.
Qualify Intermediate Course.
Register for the Final Course after qualifying both Groups of Intermediate Course.
Successfully complete Four Weeks Advanced ICITSS during the last two years of Practical Training.
Complete Practical Training.
Appear in Final examination after completion of Practical Training and advanced ICITSS.
Become Member.
Note: Candidates who have passed intermediate level examination of ICSI or ICWAI and enter the CA Intermediate course directly shall be treated at par with Foundation passed students and shall have to undergo the CA course in the manner akin to the Foundation passed students.

Foundation Course

Number and Name of Papers
Number of Papers - 
Paper 1: Principle and practices of Accounting (100 Marks)-    Descriptive Examination

Paper 2: Business  Law & Business correspondence and Reporting (100 Marks)-                                        

 Descriptive Examination

Part  I: Business  Law (60 Marks)  

Part  II: Business correspondence and Reporting (40 Marks)

Paper 3*: Business Mathematics and Logical Reasoning & Statistics (100 Marks) -

                                                                               Exam. MCQ - Objective  
Part  I: Business Mathematics and Logical Reasoning (60 Marks)
Part  II: Statistics (40 Marks)
Paper 4*: Business Economics & Business and Commercial Knowledge (100 Marks)-

                                                                             Exam. MCQ - Objective

Part  I: Business Economics (60 Marks)
Part  II: Business and Commercial Knowledge (40 Marks)
*Paper 3 and Paper 4 will be Objective type papers.
Note
Passing percentage: Aggregate-50% and Subject-wise- 40% at one sitting.
Objective type question of 1 or more marks.
Examination: In the month of November and May after passing Class XII.

Intermediate Course

Number and Name of Papers
Number of papers – 8
Group I
Paper I: Accounting (100 Marks)
Paper2:  Corporate Laws & Other Laws (100 Marks)
Part   I: Corporate Laws (60 Marks)
Part   II: Other Laws (40 Marks)
Paper3: Cost and Management  Accounting (100 Marks)
Paper4: Taxation (100 Marks)
Section A: Income Tax Laws (60 Marks)
Section B: Indirect Taxes (40 Marks)

Groups II
Paper 5: Advanced Accounting (100 Marks)
Paper 6: Auditing and Assurance (100 Marks)
Paper 7: Enterprises Information System and Strategic Management (100 Marks)
Section A:  Enterprises Information System (50 Marks)

Section B:  Strategic Managementt (50 Marks)

Paper 8: Financial Management & Economics for Finance (100 Marks)

         Section A: Financial Management (60 Marks)

Section B: Economics for Finance (40 Marks)

Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS)
Duration: 4 weeks (2 weeks for soft skills and 2 weeks for IT)
When to complete: Students registering for the Intermediate Course shall be required to successfully complete ICITSS before commencement of Practical Training.
  

Practical Training

Duration of Practical Training : Three Years
Commences after completing Integrated Course on Information Technology and Soft Skills (ICITSS) and passing either or both Groups of Intermediate Examination.
For direct entrance coming through Graduation and Post Graduation route, the Practical Training commences immediately after they complete four weeks ICITSS.
Advance Four Weeks Integrated Course on Information Technology and Soft Skills (AICITSS)
Duration: 4 weeks (2weeks for Soft Skills and 2 weeks for Advance IT)
When to complete: Students undergoing practical Training shall be required to do AICITSS during the last 2 years of Practical Training but to complete the same before appearing in the Final Examination.

Final Course

Number and Name of Papers
Number of Papers – 8
Group I
Paper 1:   Financial Reporting (100 Marks)
Paper 2:   Strategic Financial Management (100 Marks)
Paper 3:   Advanced Auditing and professional Ethics (100 Marks)
Paper 4:   Corporate Laws and other Economic Laws (100 Marks)
Group II
Paper 5 :   Strategic Cost Management and Performance Evaluation (100 Marks)
Paper 6 :   Elective Paper (100 Marks) (one to be chosen from the list of Elective Papers)

Elective Papers

Risk Management

International Taxation

Economics Laws

Financial Service &Capital Markets

Global FinancialReporting Standards

Multidisciplinary Case Study

Paper 7:    Direct Tax Laws & International Taxation
Part I:   Direct Tax Laws (70 Marks)
Part II: International Taxation (30 Marks)
Paper 8:   Indirect Tax Laws (100 Marks)

        Part I: Goods and Service Tax(75 marks)

       Part II: Customs and FDP (25 marks)

Notification By

Board of Studies
The Institute of Chartered Accountants of India
(Set up by an Act of Parliament)
‘ICIA Bhavan’ Post Box No – 7100, Indraprastha Marg