CA Final Subjects for May 2017 & Nov 2017 are the same. However, From May 2018, it is likely that this pattern will change and new subjects will be added. CA Final Syllabus has a total of 8 Subjects each carrying 100 Marks each. These Subjects are categorised into two group. In CA Final Group 1, there are Four Subjects. In CA Final Group 2, there are another Four Subjects. However, Paper 5 Advanced Management Accounting can be sub divided into 2 subjects, which was explained in the post below. In our previous post, we have detailed CA Final Study Plan and also a detailed analysis on CA Final Direct Tax Amendments. This Article on CA Final Subjects was written by CA.Alok Agrawal.
CA Final Syllabus don’t change much often. There may be amendments in the existing subjects like Taxation and Law, but overall, the course structure will remain the same.
Once every 5 years, keeping in mind the changing economic conditions in India, it is necessary that the CA Final Course has to be updated.
The last such major change has happened almost 8 years back. Currently, most likely from 2017, two new subjects will be added to the CA Final Syllabus.
Once constant confusion among students is that, if new syllabus becomes applicable, what about the students who have registered under old syllabus. To solve these doubts, we have written a detailed article on New CA Syllabus Applicability, which we recommend you to read.
CA Final Subjects for May 2017 & Nov 2017
|Financial Reporting||100 Marks|
|Strategic Financial Management||100 Marks|
|Auditing and Ethics||100 Marks|
|Corporate and Allied Laws||100 Marks|
|Advanced Management Accounting||100 Marks|
|Information Systems Control and Audit||100 Marks|
|Direct Tax||100 Marks|
|Indirect Tax||100 Marks|
CA Final Subjects for May 2018 & Nov 2018
|Paper 1||Financial Reporting||100 Marks|
|Paper 2||Strategic Financial Management||100 Marks|
|Paper 3||Advanced Auditing and Professional Ethics||100 Marks|
|Paper 4A||Corporate Laws||60 Marks|
|Paper 4B||Other Economic Laws||40 Marks|
|Paper 5||Advanced Management Accounting||100 Marks|
|Paper 6A||Financial Services and Capital Markets||50 Marks|
|Paper 6B||Information Systems Control and Audit||50 Marks|
|Paper 7A||Advanced Direct Tax Laws||70 Marks|
|Paper 7B||International Taxation||30 Marks|
|Paper 8B||Advanced Indirect Laws||100 Marks|
What are the new subjects from May 2018
There is one very important subject that is newly being introduced into the CA Final Syllabus. It is ‘Financial Services and Capital Markets‘. This subject is in Group 2, and will carry 50 Marks.
Capital Markets Syllabus will include topics such as:
- Stock Markets
- Futures & Options
- Mutual Funds
- Debt Markets
- Venture Capital
Another new additional subject to CA Final Syllabus is ‘International Taxation’, which will carry 30 Marks.
This Subject will include topics such as:
- Expatriates Taxation
- Taxation on Non-Residents
- Section 92E
Apart from these, there will no change in applicable CA final Subjects in the next 4-5 years from ICAI.