CA Intermediate Advanced Accounting - Syllabus, Papers, Books

CA Intermediate Advanced Accounting is an important subject of the CA Intermediate course that gives a comprehensive knowledge of accounting principles, standards, and their applications in business scenarios. If preparing for the CA intermediate exam, you must make smart study plans and follow effective preparation strategies to understand this CA Intermediate syllabus thoroughly.

This blog will provide a comprehensive idea about the CA Intermediate Advanced Accounting S ubject , including the latest syllabus, study references, marks weightage, and preparation tips to improve your scoring opportunities in advanced accounting and CA intermediate exams 2023 .

CA Intermediate Advanced Accounting Syllabus 2023

The CA course conducted by the Institute of Chartered Accountants in India (ICAI) is divided into three levels. The CA intermediate is the second level of the CA course after completion of the CA foundation level. CA intermediate syllabus consists of two groups of four papers each. Advanced accounting is paper 5 and the first paper of Group 2 of the CA Intermediate Dec 2023 syllabus. The detailed CA Intermediate syllabus 2023 is given in the below table.

CA Intermediate Advanced Accounting Exam 2023

Advanced Accounting paper in CA intermediate exam is of 100 marks. The question paper of advanced accounting is designed in the 30:70 format, which means out of 100 marks, 30 marks questions will be Multiple Choice Questions (MCQ), and 70 marks will be subjective.

The important points about the CA Intermediate, advanced accounting are as follows:

• The Advanced accounting paper has two parts – part I and part II.
• Part I will be 30 marks based on MCQ, each carrying one mark.
• Part II will be 70 marks containing descriptive-type questions.
• Candidates must complete part I on the OMR sheet and part II on the answer sheet provided.
• Advanced accounting part II comprises five questions, from which question no.1 is compulsory, and any three questions need to be answered by the candidate out of the remaining four questions.
• The language of answers will be as per the medium chosen at the time of the CA intermediate exam form.

CA Intermediate Advanced Accounting Topic Wise Syllabus and Weightage

Advanced accounting subject covered in the CA Intermediate syllabus includes various significant topics for chartered accountant aspirants. These topics give a thorough understanding of specific accounting standards and their applications in preparing and presenting financial statements of business enterprises. The topic-wise syllabus of advanced accounting and their approximate weightage in the advanced accounting paper in the CA intermediate exam is below.

CA Intermediate Advanced Accounting Qualifying Percentage

The ICAI has set the limit of minimum qualifying marks in each subject of the CA intermediate exam, including advanced accounting. You need to score a minimum of 40% marks (40 marks out of 100 marks) to pass the CA intermediate exam. Candidates must also remember that a minimum of 50% aggregate marks are required for the group to successfully clear the CA intermediate exam.

CA Intermediate Advanced Accounting Exam Strategies

Advanced accounting is a very important subject and gives good scoring opportunities in the CA intermediate exam. This is not a tough subject. Proper study methods, systematic revisions, and practice with question papers make the preparation for advanced accounting most fruitful and help score good marks in the CA intermediate exam.

The preparation strategies for CA Intermediate and advanced accounting subjects, as suggested by experts and toppers, are given as follows:

Consult the best study materials

It is essential to consult some good and recommended study materials for the advanced accounting subject that thoroughly cover all the CA Intermediate-advanced accounting syllabus topics. These study resources, both online and physical, help candidates expand their knowledge base on advanced accounting and handle different types of questions in the CA intermediate exam.

Study with a schedule

Making a study plan with a structured schedule for different subjects will be extremely helpful for candidates. Allocate time to study and revise different advanced accounting topics and evaluate your progress. You should make notes while studying various contents and sub-topics to clarify concepts better.

Practice with question papers and mock tests

It is important to practice with previous years’ CA intermediate question papers to get an idea about exam patterns and also can cover the advanced accounting syllabus. ICAI mock tests will help you get the actual exam's feel and make you well-prepared and confident for the upcoming CA Intermediate exam.

Take guidance from coaching classes.

One can join coaching classes online to get proper guidance on advanced accounting subjects and clarify doubts in consultation with experienced subject teachers and mentors.

CA Intermediate Advanced Accounting Books

Candidates need to consult some good books on advanced accounting written by subject experts that cover the whole range of topics as per the CA Intermediate-Advanced Accounting syllabus. These books provide a basic understanding of advanced accounting concepts and methods. Some popular and recommended books on advanced accounting that students should consult are given below.

CA intermediate is a crucial part of the CA course. Candidates should study all subjects per the CA intermediate syllabus, including advanced accounting, an important subject of group 2. Advanced accounting gives good scoring opportunities if you follow an organized study plan with good resources and make a smart preparation strategy with regular revision and practice.

Physics Wallah's CA Intermediate classes arranged by experts effectively support students in understanding the advanced accounting subject through study materials, online tutorials, and preparation tips. It helps candidates achieve desired marks in the CA intermediate exam.