CA Foundation is an entry level test for Chartered Accountancy Course conducted by ICAI. It is an objective and descriptive type test with negative marking. Students who have to register for CA course and are required to complete a 6 month study period. This duration is from the date of registration in order to be eligible to appear for the exam. Any graduate or post graduate is exempted from CA Foundation exam. Commerce graduates with 55% and other graduates with 60% marks are directly eligible for the CA Intermediate course. The CA Foundation exam consists of 4 papers:

  • Paper 1 – Principles and Practice of Accounting.
  • Paper 2 – Business Laws and Business Correspondence and Reporting.
  • Paper 3 – Business Mathematics and Logical Reasoning and Statistics.
  • Paper 4 – Business Economics and Business and Commercial Knowledge.


CA-Intermediate is also referred as CA Inter, it is the second level of examination for students where only ‘Working knowledge’ of core and associated subjects of accountancy profession is enclosed. This is a unique feature of the complete theoretical education of the Chartered Accountancy curriculum with a compassionate and complementary practical training. The exams are conducted twice a year (May, November). Students have to complete 100 hours of ITT training before the commencement of their articleship. The CA Intermediate exam contains the following subjects:

Group – I

  • Paper 1 – Accounting (100 marks).
  • Paper 2 – Corporate laws and other laws (100 marks).
    • Part I – Corporate laws (60 marks).
    • Part 2 – Other Laws (40 marks).
  •  Paper 3 – Cost and management accounting (100 marks).
  • Paper4 – Taxation (100 marks).
    • Paper I -Direct tax laws (60 marks).
    • Paper II – Indirect tax laws (40 marks).

Group II

  • Paper 5 – Advanced accounting (100 marks).
  • Paper 6 – Auditing and assurance (100 marks).
  •  Paper 7 – Enterprise information system & strategic management (100 marks).
    • Section A: Enterprise information systems (50 marks).
    • Section B: Strategic management (50 marks).
  • Paper 8 – Financial management & economics for finance (100 Marks).
    • Section A – Financial management.
    • Section B – Economics for finance.


The approach of training and preparation for CA Final classes is overall at a different level when compared to CA Foundation / CA Inter. A student is estimated to have a full understanding of the subject at an expert level, with more emphasis on advanced analytical skills. It is also to be prominent that CA Final needs a thorough preparation for a minimum of 24 months with collective knowledge enrichment and application thereof.

Students who have cleared the CA Inter exams are eligible to appear for this examination. CA final course students have to complete three years of practival training, they will be appearing for the exams during the last six months of this training period. Students are also required to complete four weeks of Advanced Integrated Course on Information Technology (AICITSS). The CA final paper consists of the following subjects:

CA Final Group 1 Subjects:

  • 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]

CA Final Group II Subjects:

  • Paper 5: Strategic Cost management and Performance Evaluation [100 Marks]
  • Paper 6: Risk Management [100 Marks]
    •  Financial Services and Capital Markets [100 Marks]
    • International Taxation [100 Marks]
    • Economic Laws [100 Marks]
    • Global Financial Reporting Standards [100 Marks]
    • Multi disciplinary case study [100 Marks]
  • Paper 7: Direct Tax Laws and International Taxation[100 Marks]
  • Paper 8: Indirect Tax Laws [100 Marks]