Here we are giving you the CA Foundation Level (CPT), Intermediate (IPCC) and Final May 2016 New Syllabus as per new scheme given in ICAI official Announcement.
Click on the image to download the new syllabus.
According to the new scheme CPT will now be called “Foundation Exam” from May 2016. CPT MCQ (Multiple Choice Questions) based exam has changed to Foundation descriptive exam. Now you can register for CPT before 6 months. In new scheme you should register before 9 months.
Adequate time gap is given so that students get sufficient time to study since the Foundation Course has been made descriptive. Also, there is an addition of full paper. At present there are 4 subjects in CPT syllabus. In new scheme there are 6 subjects. ICAI has added two additional papers in Foundation exam (CPT). They are 1. General English for 50 Marks. 2. Business communication for 50 Marks.
In Intermediate Exams May 2016, there will be 8 papers instead of 7. Changes in CA IPCC Cost accounting and Financial Management. Now costing and Fm exam for 100 Marks. But in new scheme : Costing exam for 100 marks (Group – 1), Financial Management exam for 100 marks (Group – 2).
Changes in CA IPCC Law Paper. Communication of Law paper 20 Marks has removed from CA IPCC Law paper. Business Law of 30 Marks removed from CA IPCC. Marks weightage of Company Act has increased to 60 marks Other laws is for 20 marks and Ethics for 20 marks.
Changes in CA IPCC Tax exam. Tax paper has divided into 2 parts : Direct Tax – 100 Marks (Group – 1), Indirect Tax – 100 Marks (Group – 2). Information Technology and Strategic Management Paper removed from CA IPCC Group – 2 completely.
In CA Final May 2016 Syllabus, The subject Information Systems Control and Audit (1SCA) will be removed. International Taxation for 40 marks has been added in CA Final syllabus 2016 view of increasing importance of the subject in the present globalized world. A new subject ‘Financial Services and Capital Market’ has been included to make CA more competitive in the finance related areas. The nomenclature Corporate Laws and other Economic Laws has been kept to make the name more representative of the subject.
1. CARO 2015 – We have shared CARO 2015 Notes for both IPCC and CA Final Students applicable in November 2015 Exams.
IPCC CARO 2015 Notes : goo.gl/azSwc6
CA Final CARO 2015 Notes : goo.gl/kB3kF1
2. GST Bill : Not effective yet, only got passed in Lok Sabha. So not applicable for November 20015 Exams. Though you can expect it soon and there will be no Indirect Tax (which you currently study).
GST Highlights : goo.gl/zeacBH
GST Complete E-Book – goo.gl/qXDLpJ
3. Companies (Amendments) Act 2015 : Amendments in New Companies Act 2013, got the assent from President on 25th May 2015. Not applicable for November 2015 exams but will most probably be applicable in May 2016 Exams.
Companies (Amendments) Act 2015 key highlights : goo.gl/dgJfcM
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