New CA Syllabus (ICAI Revised Syllabus CA CPT IPCC Final)

New CPT, CA Final & CA IPCC Syllabus 2017, that is being revised by the ICAI has officially announced the date of its applicability. There has been intense speculation among students as to when will this new revised syllabus of CA IPCC & CA final will come into effect. This also led to serious confusion among students.The new Revised CA Syllabus will not made applicable to old students immediately. The new CA course syllabus has already been approved by the ministry. Get ‘FinApp’ on Android for latest Updates.

Details about New CA Syllabus

CPT Syllabus Download
IPCC Syllabus Download
CA Final Syllabus Download

Optional Papers in Place of ISCA

Under the new CA Final Revised Syllabus, ISCA has been removed. Instead, Paper 6 is made as an ‘Elective Paper’. Students can choose any of the following Optional papers:

  1. Risk Management
  2. International Taxation
  3. Economic Laws
  4. Capital Markets
  5. GFRS
  6. Multi-Disciplinary Case Study

Also, Paper 8, Indirect Tax part will have GST for 75 Marks and Customs for 25 Marks. Paper 5 will now be Strategic Cost Management and Performance Evaluation.

Revised CA Syllabus Applicable from 1st July, 2017:

All concerned are hereby informed that the Revised Scheme of Education and Training for CA course will come into effect from 1st July, 2017.

Students who are eligible to register in the CPT/IPCC/Final under the existing scheme, may register on or before 30th June, 2017. With effect from 1st July, 2017, the registration in the CPT/IPCC/Final under the existing scheme will discontinue.

More details on the scheme and what are the consequences for old syllabus students will be available very soon (likely in couple of days).

Latest Update from ICAI President (31th Aug)

As you may be aware, CA profession is undergoing a rapid transformation and CA professionals are producing excellence in a variety of professional fields and spheres challenging the stereotype.

Emerging borderless economies, surge in IT development and resulting complexities, increasing emphasis on CSR, and, above all, increasing strategic importance of CA professionals as complete business solution provider, have all contributed to this transformation.

At ICAI, we are in the final stages of implementing a new scheme of education and training with an objective to prepare more competent, better equipped and more responsible generation of chartered accountants. Nelson Mandela said: Education is the most powerful weapon which you can use to change the world.

In line with the relevant International Education Standards of IFAC, this new course curriculum has been designed to benchmark the Indian CA education with the best in the world and make our students and future members of the CA fraternity more competent and multifarious professionals, and enablers of compliance and fiscal discipline.

CA CPT Revised Syllabus

Paper 1 Principles and Practices of Accounting 100 Marks
Paper 2 (Part I) Mercantile Laws 60 Marks
Paper-2 (Part-II) General English 40 Marks
Paper 3 Business Mathematics Logical Reasoning and Statistics 100 Marks
Paper 4 Business Economics & Business and Commercial Knowledge 100 Marks

CA IPCC Revised New Syllabus

 Paper 1  Accounting  100 Marks
 Paper 2  Corporate and Other Laws  100 Marks
 Paper  3  Cost Accounting  100 Marks
 Paper 4A  Direct Tax Laws  60 Marks
 Paper 4B  Indirect Tax Laws  40 Marks
 Paper 5  Advanced Accounting  100 Marks
 Paper 6  Auditing and Assurance  100 Marks
 Paper 7A  Financial Management  60 Marks
 Paper 7B  Business Economic Environment  40 Marks
 Paper 8A  Information Technology  60 Marks
 Paper 8B  Strategic Management  40 Marks

CA Final New Revised Syllabus

 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

Highlights of the New Revised CA Course

  • The President of ICAI, M.Devaraja Reddy, announced that the new CA Syllabus has been approved by the Corporate Affiars ministry and yet to be approved by the Law Affairs Ministry.
  • Once approved, it is likely to be made applicable from November 2017 exams. Existing students under old syllabus will be chance for few attempts before being converted to the new curriculum.
  • Under new syllabus, many changes were brought in all three levels i.e., CPT, IPCC and Final.
  • CPT will then be for 400 marks, with two theory and two objective type papers.
  • CA IPCC will have 8 subjects. Ethics and Communication part will be removed from Law Paper. Financial Management will then be moved to second group carrying 100 marks.
  • CA Final will have a new subject named ‘Capital Markets’ in the Second Group, for 50 Marks sharing the paper with ISCA.