Learn from the best, Don't compromise on quality!
Learn from the best, Don't compromise on quality!
CA Final Nov 2021/May 2022
Gurbani institute, Basaveshwarnagar, Bangalore
Exhaustive Coverage of SFM classes with practical exposure to equity markets
Gurbani institute, Basaveshwarnagar, Bangalore
It is an entry level test for the Chartered Accountancy course, which is held twice in a year in the months of May and November. It is conducted by the Institute of Chartered Accountants of India (ICAI) for admitting students to the Chartered Accountancy course.
The next step after the CA Foundation examination is CA Intermediate (earlier known as IPCC) Course. It is an intermediate level test for the Chartered Accountancy course, which is held twice in a year in the months of May and November. It is conducted by the Institute of Chartered Accountants of India (ICAI) for students who have cleared CA Foundation examination or is a graduate & has registered with ICAI after graduation.
The last leg of the Chartered Accountancy course is Final course, which has been designed to impart expert knowledge in financial reporting, auditing and professional ethics, taxation, corporate laws, strategic financial management and advanced management accountancy.
Visit ICAI website to know about the registration process.
Exam Details
The objective is to test the basic knowledge in the respective subject areas. 2 Objective type papers and 2 Subjective type papers of 100 marks each.
The objective type papers will have negative marking.
Passing criteria – 40 marks in each paper & 50% in total
Paper 1: Fundamentals of Accounting (100 Marks).
Paper 2: Business Laws (60) & Business Correspondence and Reporting (40) Total 100 Marks.
Paper 3: Business Mathematics and Logical Reasoning (60) & Statistics (40) Total 100 Marks.
Paper 4: Business Economics (60) & Business and Commercial Knowledge (40) Total 100 Marks.
Visit ICAI website to know about the registration process
Prerequisite for Intermediate exam: Undergo and complete Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS)
In Intermediate only working knowledge of core and allied subjects relevant to accountancy profession is imparted. This is a descriptive type examination.
Passing criteria – 40 marks in each paper & 50% in total
1. Accounting (100 marks)
2. Corporate and Other Laws (Company Law 60 & Other Laws 40) Total 100 marks.
3. Cost and Management Accounting (100 marks)
4. Taxation (Income tax Laws 60 & Indirect Taxes 40) Total 100 marks.
5. Advanced Accounting (100 marks)
6. Auditing & Assurance (100 marks)
7. Enterprise Information Systems (50) & Strategic Management (50) Total 100 Marks
8. Financial Management (60) & Economics for Finance (40) Total 100 Marks
Visit ICAI website to know about the registration process.
At the Final level, advanced application knowledge of core and allied subjects is being inculcated.
CA Final exams are conducted twice every year in the months of May and November. The dates do not change except under extraordinary circumstances.
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 and Economic Laws (100 Marks)
Section A : Corporate Law (70 marks)
Section B : Economic Laws (30 marks)
Paper 5 : Strategic Cost Management and Performance Evaluation (100 Marks)
Paper 6 : Elective Paper (100 Marks) (Anyone paper from the list below)
6A. Risk management
6B. Financial Services & Capital Markets
6C. International Taxation
6D. Economic Laws
6E. Global Financial Reporting Standards
6F. Multi-disciplinary Case Study
Paper 7: Direct Tax Laws(70) & International Taxation(30) Total (100 Marks).
Paper 8 : Indirect Tax Laws (100 Marks).
Part I : Goods and Service Tax (75 marks)
Part II: Customs & Foreign Trade Policy (25 marks)