Get Details About CA Final Syllabus and Subject for May 2022

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Since CA Final Exam is one of the toughest of all the three examinations of the CA Course so similar is the syllabus for it. CA Final Syllabus is not only lengthy but also captures the knowledge from several commerce sectors. The students along with the theoretical preparation cannot qualify for it. There are altogether eight CA Final Papers that students need to clear in order to become the CA.

The major role played by anything in CA Final Exam is the syllabus. If you have the syllabus and if you have properly understood it then you can easily crack the exam since after then you know what exactly needs to be prepared. So, here let us discuss the syllabus for CA Final examination.

CA Final Subjects for May/Nov 2022

CA Final Group I Subjects

Financial Reporting
Strategic Financial Management
Advanced Auditing and Professional Ethics
Corporate and Economic Laws

CA Final Group-II Subjects

Strategic Cost Management and Performance Evaluation
Risk Management
Financial Services and Capital Markets
International Taxation
Economic Laws
Global Financial Reporting Standards
Multidisciplinary Case Study
Direct Tax Laws and International Taxation
Indirect Tax Laws

CA Final Syllabus 2022

Now, let us go to the depth of the CA Final syllabus 2022.

Group 1

Paper 1: Financial Reporting

Framework for Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards (Ind AS).
Application of Indian Accounting 1Standards (Ind AS) with reference to General Purpose Financial Statements.
Indian Accounting Standards on Group Accounting.
Accounting and Reporting of Financial Instruments (as per Ind AS).
Analysis of Financial Statements.
Integrated Reporting.
Corporate Social Responsibility Reporting.

Paper 2: Strategic Financial Management

Financial Policy and Corporate Strategy
Risk Management
Security Analysis
Security Valuation
Portfolio Management
Securitization
Mutual Fund
Derivatives Analysis and Valuation
Foreign Exchange Exposure and Risk Management
International Financial Management
Interest Rate Risk Management
Corporate Valuation
Mergers, Acquisitions, and Corporate Restructuring
Startup Finance

Paper 3: Advanced Auditing and Professional Ethics

Auditing Standards, Statements, and Guidance Notes
Audit Planning, Strategy, and Execution
Risk Assessment and Internal Control
Audit Reports
Special aspects of Auditing in an Automated Environment
Audit of Limited Companies
Audit of Consolidated Financial Statements
Special features of audit of Banks, Insurance & Non – Banking Financial Companies,
Audit under Fiscal Laws
Audit of Public Sector Undertakings
Liabilities of Auditors
Audit Committee and Corporate Governance
Internal Audit, Management, and Operational Audit
Due Diligence, Investigation, and Forensic Audit
Peer Review and Quality Review
Professional Ethics

Paper 4: Corporate and Economic Laws

Part 1: Corporate Laws
1. Section A: Company Law
  - The Companies Act, 2013 and Rules framed thereunder in its entirety with specific reference to section 149 onwards.
  - Corporate Secretarial Practice–Drafting of Notices, Resolutions, Minutes, and Reports Note.
2. Section B: Securities Laws
  - The Securities Contract (Regulation) Act, 1956, and the Securities Contract (Regulation) Rules, 1957.
  - The Securities Exchange Board of India Act, 1992.
  - SEBI Regulations, 2009
  - SEBI Regulations, 2015
Part 1: Corporate Laws
1. The Foreign Exchange Management Act, 1999
2. The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
3. The Prevention of Money Laundering Act, 2002
4. Foreign Contribution Regulation Act, 2010
5. The Arbitration and Conciliation Act, 1996
6. The Insolvency and Bankruptcy Code, 2016

Group 2

Paper 5: Strategic Cost Management and Performance Evaluation

Part A: Strategic Cost Management and Decision Making
1. Sub Part I: Strategic Cost Management
  - Introduction to Strategic Cost Management
  - Modern Business Environment
  - Lean System and Innovation: Introduction to Lean System
  - Cost Management Techniques
  - Cost Management for Specific Sectors
2. Sub Part II: Strategic Decision Making
  - Decision Making
  - Pricing Strategies/ Decisions
Part B: Performance Evaluation and Control
1. Sub Part I: Performance Evaluation and Reporting
  - Performance Measurement and Evaluation
  - Divisional Transfer Pricing
  - Strategic Analysis of Operating Income
2. Sub Part II: Managerial Control
  - Budgetary Control
  - Standard Costing
Part C CASE STUDY

Paper 6 A: Risk Management

Introduction to risk
Source and evaluation of risks
Risk management
Evaluation of Risk Management Strategies
Risk model
Credit risk measurement and management
Risk associated with corporate governance
Enterprise Risk Management
Operational Risk Management

Paper 6 B: Financial Services and Capital Markets

Global Financial Markets
Impact of various Policies of Financial Markets
Capital Market – Primary
Capital Market – Secondary
Money Market
Institutions and Intermediaries
Commodity Market
Banking as source of Capital including NBFCs
Mutual Funds
Private Equity
Investment Banking
Credit Rating
Treasury Operations
Risk Management
Credit Derivatives
Leasing Decisions
Factoring
SEBI Guidelines

Paper 6 C: International Taxation

Paper 6 D: Economic Laws

World Trade Organization (WTO) covering its Role, Principles, Functions and Dispute Settlement Mechanism
Competition Act, 2002 and Rules/ Regulations
Real Estate (Regulation and Development) Act, 2016 [Central Act and Rules/ Regulations]
Insolvency and Bankruptcy Code, 2016 and Rules/ Regulations
Prevention of Money Laundering Act, 2002 and Rules/ Regulations
Foreign Exchange Management Act, 1999 and Rules/ Regulations
Prohibition of Benami Property Transactions Act, 1988 and Rules/ Regulations

Paper 6 E: Global Financial Reporting Standards

Conceptual Framework for Financial Reporting as per IFRS
Application of International Financial Reporting Standards
Significant differences between IFRS and US GAAPs

Paper 6 F: Multidisciplinary Case Study

Financial Accounting and Reporting
Audit and Assurance
Taxation
Finance and Financial Management
Management Accounting
Corporate Laws
Business Strategy and Management

Paper 7: Direct Tax Laws and International Taxation

Part I: Direct Tax Laws
Part II: International Taxation

Paper 8: Indirect Tax Laws

Part-I: Goods and Services Tax
Part-II: Customs and FTP
Part-III: Customs & FTP

Deleted Syllabus

Gollow up the given points for the delted syllabus from the old syllabus:

From Paper 4, Corporate Laws and Economic Laws, SCRA 1956, SCRR 1957 and SARFAESI 2002 has been removed.
From Paper 5, Strategic Cost Management and Performance Evaluation, topic 5, cost management and specific sector has been removed.

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CA Final Exam Pattern 2022

Check the below given table to understand the CA Final Exam Pattern 2022.

CA Final	Details
Mode of exam	Pen paper-based exam
Medium of exam	Hindi and English
Duration of exam	3 hours for each paper
Total number of groups	2
Types of questions	Subjective and Objective
Exam conducting body	ICAI
Total number of papers	Eight as per both old and new syllabus
Frequency	Two times (May and November)
Marking scheme	100 marks for each paper
Negative marking	No negative marking for wrong answers

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Conclusion

Therefore, in this article, we bagged up a lot of information regarding the CA Final syllabus and the removed portion of the syllabus. Students must have to keep the syllabus printouts with them. This will not only help them to understand the topics to be prepared for but will also help to know the exam pattern. So, prepare a reasonable timetable and mug up the syllabus. Hence, these combined efforts will help you score good marks in CA Final Exams.