CA Intermediate Chapter-Wise Weightage: The Institute of Chartered Accountants of India (ICAI) has recently designated the Board of Studies (BoS) to assign specific marks to different sections of the CA Inter syllabus. This platform is designed to help students plan their study routines for the upcoming ICAI exams.
To simplify, each subject is now divided into several topics, further categorized into parts with varying importance. The question paper will reflect the assigned weight to each section. If you're feeling overwhelmed about where to start your CA Intermediate preparation , it's because of the time commitment required for each section.Understanding the CA Intermediate chapter-wise weightage for every subject can make this clearer. CA Intermediate is the second level in the CA pathway, a prerequisite for advancing to the third level. As each level poses a greater challenge, it's crucial to buckle down and concentrate on learning. For those enrolled in the CA Intermediate course, reaching out to PW CA Intermediate Course and initiating studies early is recommended.
CA Intermediate Chapter-wise Weightage for Advanced Accounting | ||
Contents | Section | Weightage |
1. Process of formulation of Accounting Standards including Indian Accounting Standards (IFRS converged standards) and IFRSs; Convergence vs Adoption; Objective and Concepts of carve outs. | I | 55%-65% |
2. Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards). | ||
3. (i) Applicability of Accounting Standards to various entities | ||
(ii) Application of Accounting Standards: | ||
- AS 1: Disclosure of Accounting Policies | ||
- AS 2: Valuation of Inventories | ||
- AS 3: Cash Flow Statements | ||
- AS 4: Contingencies and Events Occurring After the Balance Sheet Date | ||
- AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies | ||
- AS 7: Construction Contracts | ||
- AS 9: Revenue Recognition | ||
- AS 10: Property, Plant and Equipment | ||
- AS 11: The Effects of Changes in Foreign Exchange Rates | ||
- AS 12: Accounting for Government Grants | ||
- AS 13: Accounting for Investments | ||
- AS 14: Accounting for Amalgamations (excluding inter-company holdings) | ||
- AS 15: Employee Benefits | ||
- AS 16: Borrowing Costs | ||
- AS 17: Segment Reporting | ||
- AS 18: Related Party Disclosures | ||
- AS 19: Leases | ||
- AS 20: Earnings Per Share | ||
- AS 21: Consolidated Financial Statements of single subsidiaries (excluding specific problems) | ||
- AS 22: Accounting for Taxes on Income | ||
- AS 23: Accounting for Investment in Associates in Consolidated Financial Statements | ||
- AS 24: Discontinuing Operations | ||
- AS 25: Interim Financial Reporting | ||
- AS 26: Intangible Assets | ||
- AS 27: Financial Reporting of Interests in Joint Ventures | ||
- AS 28: Impairment of Assets | ||
- AS 29: Provisions, Contingent Liabilities and Contingent Assets | ||
4. Company Accounts | II | 30%-35% |
(i) Schedule III to the Companies Act, 2013 (Division I) | ||
(ii) Preparation of financial statements – Statement of Profit and Loss, Balance Sheet and Cash Flow Statement | ||
(iii) Buy back of securities | ||
(iv) Accounting for reconstruction of companies | ||
5. Accounting for Branches including foreign branches. | III | 5%-10% |
CA Intermediate Chapter-wise Weightage for Corporate and Other Laws | |||
Part | Contents | Sections | Weightage |
Part I – Company Law and LLP Law (70 Marks) | The Companies Act, 2013 including important rules and drafting of notices, resolutions –
|
I |
20%-30% |
|
II |
20%-30% | |
|
III |
30%-35% | |
The Limited Liability Partnership Act, 2008 including important Rules |
IV |
15%-20% | |
Part II – Other Laws (30 Marks) | The General Clauses Act, 1897: Important Definitions, Extent and Applicability, General Rules of Construction, Powers and Functionaries, Provisions as to Orders, Rules, etc. made under Enactments and Miscellaneous Provisions |
I |
35%-40% |
Interpretation of statutes : Rules of Interpretation of Statutes, Aids to Interpretation, Rules of Interpretation/Construction of Deeds and Documents |
II |
25%-30% | |
The Foreign Exchange Management Act, 1999: Significant definitions and concepts of Current and Capital Account Transactions |
III |
30%-40% |
CA Intermediate Chapter-wise Weightage for Taxation | |||
Part | Contents | Section | Weightage |
Section A: Income-Tax Laws (50 Marks)
|
1. Basic Concepts (i) Income-tax law: An introduction (ii) Significant concepts in income-tax law, including person, assessee, previous year, assessment year, income, agricultural income (iii) Basis of Charge (iv) Procedure for computation of total income and tax payable in case of individuals |
I |
10%-20% |
2. Residential status and scope of total income (i) Residential status (ii) Scope of total income | |||
3. Heads of income and the provisions governing computation of income under different heads (i) Salaries (ii) Income from house property (iii) Profits and gains of business or profession (iv) Capital gains (v) Income from other sources |
II |
25%-30% | |
4. Provisions relating to clubbing of income, set-off or carry forward and set-off of losses, deductions from gross total income |
III |
15%-20% | |
5. Advance Tax, Tax deduction at source and tax collection at source |
IV |
15%-20% | |
6. Provisions for filing return of income and self-assessment | |||
7. Computation of total income and income-tax payable by an individual under the alternative tax regimes under the Income-tax Act, 1961 to optimise tax liability. |
V |
20%-25% | |
Section B: Goods and Services Tax (GST) (50 Marks) | 1. GST Laws: An introduction including Constitutional aspects |
I |
0-5% |
2. Levy and collection of CGST and IGST
|
II
|
50%-80% | |
3. Basic concepts of:
|
|||
4. Computation of GST liability | |||
5. Registration |
III
|
20%-45% | |
6. Tax invoice; Credit and Debit Notes; Electronic way bill | |||
7. Accounts and Records | |||
8. Payment of tax | |||
9. Returns |
CA Intermediate Chapter-wise Weightage for Cost and Management Accounting | ||
Contents | Section | Weightage |
Overview of Cost and Management Accounting | I | 10%-15% |
Ascertainment of Cost and Cost Accounting System | II | 35%-40% |
Methods of Costing | III | 20%-25% |
Cost Control and Analysis | IV | 25%-30% |
CA Intermediate Chapter-wise Weightage for Auditing and Ethics | ||
Contents | Section | Weightage |
Nature, Objective and Scope of Audit | I | 4%-6% |
Audit Strategy, Audit Planning and Audit Program | II | 8%-12% |
Risk Assessment and Internal Control | III | 8%-12% |
Audit Evidence | IV | 12%-18% |
Audit Documentation | ||
Audit of Items of Financial Statements | V | 12%-20% |
Completion and Review | VI | 8%-12% |
Audit Report | VII | 8%-12% |
Special Features of Audit of Different Type of Entities | VIII | 12%-18% |
Audit of Banks | ||
Ethics and Terms of Audit Engagements | IX | 8%-10% |
CA Intermediate Chapter-wise Weightage for Financial Management and Strategic Management | |||
Part | Contents | Section | Weightage |
Part 6A: Financial Management | Financial Management and Financial Analysis | I | 10%-15% |
Financing Decisions and Cost of Capital | II | 45%-50% | |
Capital Investment and Dividend Decisions | III | 20%-25% | |
Management of Working Capital | IV | 15%-20% | |
Part 6B: Strategic Management | Introduction to Strategic Management | I | 15%-25% |
Strategic Analysis: External Environment | II | 15%-25% | |
Strategic Analysis: Internal Environment | III | 15%-25% | |
Strategic Choices | IV | 15%-25% | |
Strategy Implementation and Evaluation | V | 15%-25% |