CA Aspirants! You can get all the details of the CA Intermediate Syllabus 2021 along with the Subject of the Dec 2021 session in this article. ICAI has issued the CA Inter syllabus for Dec 2021 exams on its official website. There are a total of 8 Papers as per ICAI CA Intermediate subjects.
The CA Intermediate subjects are categorized into 2 groups. The CA Inter group 1 subjects include accounting, corporate and other laws, cost and management accounting, and taxation. On the other hand, CA Inter group 2 subjects include advanced accounting, auditing, strategic management, and financial management.
Aspiring students willing to appear for the CA Intermediate Exam must register in the first process. They shall receive the newly revised ICAI CA Intermediate syllabus 2021. As inter exams are challenging, students should prepare well and get a good CA Intermediate result.
In this article, you’ll get to know about the ICAI CA Intermediate syllabus 2021 for the Dec session, along with marks-wise distribution.
CA Intermediate Syllabus for Dec 2021
Paper 1– ACCOUNTING
The CA Intermediate Accounting Syllabus contains 6 Chapters. For the preparation of CA Intermediate Exams, students must follow the particulars of every chapter.
|1||Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve-outs.|
|2||Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards).|
|3||Applications of Accounting Standards|
|5||Accounting for Special Transactions|
|6||Special Type of Accounting|
Paper 2– CORPORATE AND OTHER LAWS
CA Intermediate Law Syllabus consists of 2 parts: Company Law & Other Laws. The detailed syllabus of both parts is mentioned below:
Part I- Company Law
|2||Incorporation of Company and Matters Incidental thereto|
|3||Prospectus and Allotment of Securities|
|4||Share Capital and Debentures|
|5||Acceptance of Deposits by Companies|
|6||Registration of Charges|
|7||Management and Administration|
|8||Declaration and Payment of Dividend|
|9||Accounts of Companies|
|10||Audit and Auditors|
Part II- Other Laws
|Part II- Other Laws|
|1||The Contract Act, 1872|
|2||The Negotiable Instruments Act, 1881|
|3||The General Clauses Act, 1897|
|4||Interpretation of statutes|
Paper 3– COST AND MANAGEMENT ACCOUNTING
The full CA Intermediate Cost & Management Accounting Syllabus is as follows:
|1||Overview of Cost and Management Accounting|
|2||Ascertainment of Cost and Cost Accounting System|
|3||Methods of Costing|
|4||Cost Control and Analysis|
Paper 4– TAXATION
Find underneath the full syllabus of the 4th Paper for CA Intermediate that is Taxation. The CA Intermediate taxation syllabus has two parts: Income Tax Law and Indirect Taxes.
Part A– Income Tax Law
|2||Residential Status and scope of total income|
|3||Incomes that do not form part of total income (other than charitable trusts and institutions, political parties and electoral trusts)|
|4||Heads of income and, provisions governing computation of income under different heads|
|5||The income of other persons included in the assessee’s total income|
|6||Aggregation of income; set-off, or carry forward and set-off of losses|
|7||Deductions from gross total income|
|8||Computation of total income and tax liability of individuals|
|9||Advance tax, tax deduction at source and Introduction to tax collection at source|
|10||Provisions for filing return of income and self-assessment|
Part B– Indirect Taxes
|1||Concept of Indirect Taxes|
|2||Goods and Service Tax (GST) Laws|
Paper 5– ADVANCED ACCOUNTING
The CA Intermediate Syllabus of Advanced Accounting is as follows:
|1||Application of Accounting Standards|
|2||Special Aspects of Company Accounts|
|3||Reorganization and Liquidation of Companies|
|4||Banking Companies and Non-Banking Financial Companies and regulatory requirements thereof|
|5||Consolidated Financial Statements|
|6||Dissolution of partnership firms|
Paper 6– AUDITING AND ASSURANCE
The CA Intermediate Auditing and Assurance Syllabus are:
|1||Nature, Objective, and Scope of Audit|
|2||Audit Strategy, Audit Planning and Audit Programme|
|3||Audit Documentation and Audit Evidence|
|4||Risk Assessment and Internal Control|
|5||Fraud and Responsibilities of the Author in this Regard|
|6||Audit in an Automated Environment|
|9||Audit of Items of Financial Statements|
|10||The Company Audit|
|12||Audit of Banks|
|13||Audit of Different Types of Entities|
Paper 7– ENTERPRISE INFORMATION SYSTEM & STRATEGIC MANAGEMENT
The Enterprise Information System and Strategic Management System Syllabus have two sections in the CA Intermediate Exam 2021.
Section A- Enterprise Information System & Section B- Strategic Management.
Section A– Enterprise Information System
|1||Automated Business Processes|
|2||Financial and Accounting Systems|
|3||Information Systems and its Components|
|4||E-commerce, M-commerce, and Emerging Technologies|
|5||Core Banking Systems|
|Section B– Strategic Management|
|1||Introduction to Strategic Management|
|2||Dynamics of Competitive Strategy|
|3||Strategy Management Process|
|4||Corporate Level Strategies|
|5||Business Level Strategies|
|6||Functional Level Strategies|
|7||Organization and Strategic Leadership|
|8||Strategy Implementation and Control|
Paper 8– FINANCIAL MANAGEMENT & ECONOMICS FOR FINANCE
The Financial Management & Economics for finance Syllabus consists of the following in December 2021:
|Part A– Financial Management|
|1||Financial Management and Financial Analysis|
|3||Capital Investment and Dividend Decisions|
|4||Management of Working Capital|
|Part B– Economics for Finance|
|1||Determination of National Income|
|3||The Money Market|
Students can download the CA Intermediate syllabus PDF from the official website of ICAI. It is recommended to all the candidates that they should follow the ICAI Intermediate syllabus and study material and don’t fall into the trap of outside sources. The question papers will be set based on the ICAI syllabus only.
Moreover, after the CA Intermediate registration, ICAI also dispatch the study material to the students. However, it can take a time of 30 days. If a students didn’t get the study material during this period, then they can contact to ICAI.
Updated CA Intermediate Syllabus for December 2021
ICAI has notified a few modifications and changes for the CA Intermediate Syllabus in December 2021. The following sections mention the latest changes with details for the CA Intermediate Subjects and Syllabus by the ICAI.
Addition made in the CA Intermediate Syllabus of December 2021 are:
You will find the latest updates in the Syllabus of CA Intermediate December 2021.
Paper 1 Accounting topics are transferred as Advanced Accounting in Paper 5.
ICAI has added breaking down of Partnership firms, including a piecemeal scattering of assets close by the change of association firm into an association and arrangement to an association which is an issue related to accounting in confined danger affiliation.
CA Intermediate Paper 4A-Income Tax Law Syllabus Updates.
Coming up next are generally the movements made by the ICAI in Paper 4A Income charge law of CA Intermediate December 2021 Examination.
Computation of AMT recollected (equivalent to section 35AD and 10AA) through Study Guidelines in the subject “Estimation of complete compensation and cost liability of individuals.”
Marks Distribution of ICAI CA Intermediate Syllabus Dec 2021
|Paper 1||Accounting||(100 Marks)||Descriptive|
|Paper 2||Corporate Laws and Other Laws||70% Descriptive 30% Objective|
|Corporate Laws||(60 Marks)|
|Other Laws||(40 Marks)|
|Paper 3||Cost and Management Accounting||(100 Marks)||Descriptive|
|Paper 4||Taxation||70% Descriptive 30% Objective|
|Direct Tax Laws||(60 Marks)|
|Indirect Tax Laws||(40 Marks)|
|Paper 5||Advanced Accounting||(100 Marks)||Descriptive|
|Paper 6||Auditing and Assurance||(100 Marks)||70% Descriptive 30% Objective|
|Paper 7||Enterprise Information System and Strategic Management||70% Descriptive 30% Objective|
|Enterprise Information System||(50 Marks)|
|Strategic Management||(50 Marks)|
|Paper 8||Financial Management and Economics for Finance||Descriptive|
|Financial Management||(60 Marks)|
|Economics for Finance||(40 Marks)|
Read More: The best english medium school in Jaipur
With this descriptive article on the CA Intermediate Syllabus and Subjects for December 2021 examinations, you can make a daily routine and crack the exams in the first attempt. Make sure you complete the CA Inter syllabus on time so that you can also revise it at least 2-3 times. Remember, revision and solving mock test papers are very important to crack the CA Intermediate exams.