CA Final New Syllabus

Click on the image to download the CA Final syllabus. You guys can also get the new syllabus in your mail, you just have to write your mail id in the comment box below (the post). 

You can also check the IPCC Syllabus from this link : IPCC Nov 2018 syllabus

The syllabus we are sharing with you is released and published by ICAI on their official website. You can be sure that the CA Final Syllabus we are sharing for Nov 2018 Exams is authentic.

To achieve good marks its crucial that you prepare a study plan. Prepare your own by going through the study plan shared by CA Final topper: CA Final Study Plan

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PAPER – 1: FINANCIAL REPORTING

(One paper – Three hours – 100 Marks)
Objective:
(a) To acquire the ability to integrate and solve problems in practical scenarios on Accounting Standards, Guidance Notes and Indian Accounting Standards for deciding the appropriate accounting treatment and formulating suitable accounting policies.

CA Final Revised Syllabus

(b) To develop an understanding of the various forms of reporting (other than financial statements) and accounting for special transactions, and apply such knowledge in problem solving.
Contents:
1. Application of Existing Accounting Standards 15, 21, 23, 25, 27 and 28. (The students will also be required to apply other Accounting Standards if applicable in any of the questions).
2. Application of Guidance Notes issued by ICAI on specified accounting aspects.
3. Framework for Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards (Ind AS).
4. Application of Indian Accounting Standards (Ind AS) with reference to General Purpose Financial Statements
5. Consolidated and Separate Financial Statements (as per Ind AS)
6. Application of Industry specific and Transaction Specific Indian Accounting Standards (other than Business Combination, Financial Instruments and Share Based Payment)
7. Business Combinations and Accounting for Corporate Restructuring (including demerger)
(as per Ind AS)
8. Accounting and Reporting of Financial Instruments (as per Ind AS)
9. Accounting for Share Based Payment (as per Ind AS)
10. Analysis of Financial Statements
Common defects in financial statements of corporate entities
11. Accounting for Carbon Credits
12. Accounting for E-commerce
13. Emerging trends in Reporting
(i) Integrated Reporting
(ii) Corporate Social Responsibility Reporting
(iii) Human Resource Reporting
(iv) Value Added Statement
Notes:
1. If either a new Indian Accounting Standard (Ind AS) or Accounting Standard (AS) or Announcements and Limited Revisions to Ind AS / AS are issued or the earlier one are withdrawn or new Ind AS / AS, Announcements and Limited Revisions to Ind AS / AS are issued in place of existing Ind AS / AS, Announcements and Limited Revisions to Ind AS / AS, the syllabus will accordingly include / exclude such new developments in the place of the existing ones with effect from the date to be notified by the Institute.
2. The specific inclusions/exclusions in any topic covered in the syllabus will be effected every year by way of Study Guidelines. The list of Guidance Notes in Accounting and significant Expert Advisory Opinions, wherever applicable, will also form part of the Study Guidelines.

PAPER – 2 : STRATEGIC FINANCIAL MANAGEMENT
(One paper – Three hours – 100 marks)
Objective:
To acquire the ability to apply financial management theories and techniques in strategic decision making.
Contents:
1. Financial Policy and Corporate Strategy
(i) Strategic decision making framework
(ii) Interface of Financial Policy and strategic management
(iii) Balancing financial goals vis-à-vis sustainable growth.
2. Indian Financial System
(i) Introduction to Financial Market
(ii) Role of Financial Market in Economic Development
3. Risk Management
(i) Identification of types of Risk faced by an organisation
(ii) Evaluation of Financial Risks
(iii) Value at Risk (VAR)
(iv) Evaluation of appropriate method for the identification and management of
financial risk.
4. Security Analysis
(i) Fundamental Analysis
(ii) Technical Analysis
a) Meaning
b) Assumptions
c) Theories and Principles
d) Charting Techniques
e) Efficient Market Hypothesis (EMH) Analysis
5. Security Valuation
(i) Theory of Valuation
(ii) Return Concepts
(iii) Equity Risk Premium
(iv) Required Return on Equity
(v) Discount Rate Selection in Relation to Cash Flows
(vi) Approaches to Valuation of Equity Shares
(vii) Valuation of Preference Shares
(viii) Valuation of Debentures/ Bonds
6. Portfolio Management
(i) Portfolio Analysis
(ii) Portfolio Selection
(iii) Capital Market Theory
(iv) Portfolio Revision
(v) Portfolio Evaluation
(vi) Asset Allocation
(vii) Fixed Income Portfolio
(viii) Risk Analysis of Investment in Distressed Securities
(ix) Alternative Investment Strategies in context of Portfolio Management
7. Securitization
(i) Introduction
(ii) Concept and Definition
(iii) Benefits of Securitization
(iv) Participants in Securitization
(v) Mechanism of Securitization
(vi) Problems in Securitization
(vii) Securitization Instruments
(viii) Pricing of Securitization Instruments
(ix) Securitization in India
8. Mutual Fund
(i) Meaning
(ii) Evolution
(iii) Types
(iv) Advantages and Disadvantages of Mutual Funds
9. Derivatives Analysis and Valuation
(i) Forward/ Future Contract
(ii) Options
(iii) Swaps
(iv) Commodity Derivatives
10. Foreign Exchange Exposure and Risk Management
(i) Exchange rate determination
(ii) Foreign currency market
(iii) Management of transaction, translation and economic exposures
(iv) Hedging currency risk
(v) Foreign exchange derivatives – Forward, futures, options and swaps
11. International Financial Management
(i) International Capital Budgeting
(ii) International Working Capital Management
a) Multinational Cash Management
– Objectives of Effective Cash Management
– Optimization of Cash Flows/ Needs
– Investment of Surplus Cash
b) Multinational Receivable Management
c) Multinational Inventory Management
12. Interest Rate Risk Management
(i) Interest Rate Risk
(ii) Hedging Interest Rate Risk
a) Traditional Methods
b) Modern Methods including Interest Rate Derivatives
13. Corporate Valuation
(i) Conceptual Framework of Valuation
(ii) Approaches/ Methods of Valuation
a) Assets Based Valuation Model
b) Earning Based Models
c) Cash Flow Based Models
d) Measuring Cost of Equity
– Capital Asset Pricing Model (CAPM)
– Arbitrage Pricing Theory
– Estimating Beta of an unlisted company
e) Relative Valuation
– Steps involved in Relative Valuation
– Equity Valuation Multiples
– Enterprise Valuation Multiple
f) Other Approaches to Value Measurement
– Economic Value Added (EVA)
– Market Value Added (MVA)
– Shareholder Value Analysis (SVA)
g) Arriving at Fair Value
14. Mergers, Acquisitions and Corporate Restructuring
(i) Conceptual Framework
(ii) Rationale
(iii) Forms
(iv) Mergers and Acquisitions
a) Financial Framework
b) Takeover Defensive Tactics
c) Reverse Merger
(v) Divestitures
a) Partial Sell off
b) Demerger
c) Equity Carve outs
(vi) Ownership Restructuring
a) Going Private
b) Management/ Leveraged Buyouts
(vii) Cross Border Mergers
15. International Financial Centre (IFC)
(i) Constituents of IFC
(ii) Islamic Finance
a) Major difference between Islamic Finance and other forms of Finance
b) Concept of Riba
c) Major Islamic Financial Instruments
16. Startup Finance
(i) Introduction including Pitch Presentation
(ii) Sources of Funding
(iii) Start up India Initiative
17. Small & Medium Enterprises
(i) Introduction: Market Size, Employment Generation and Contribution to GDP
(ii) Financing: Expansion of SMEs
(iii) Listing SMEs