The ICAI drafts and provides the CA Final exam pattern on its official website. Students must check the exam pattern before starting to prepare for the CA Final exams 2024. In this article, we mention the complete details about the exam pattern, marking scheme, mode, weightage, and many more.
ICAI CA Final Exam Pattern 2024: The CA Final Exam Pattern consists of 6 papers divided into two groups, each worth 100 marks. So, the total marks for the CA Final exams are 600. As per the passing criteria, students need to get 40% marks on each paper and Aggregate 50% marks aggregate and a total of 300 marks to clear the exams. There is no negative marking for incorrect answers.
Students will get both objective and subjective questions in the exams. Furthermore, the mode of the CA Final exams is offline, i.e., pen and paper-based, and the duration is 3 hours.
In this article, you’ll know the CA Final exam pattern 2024 in detail. VSI Jaipur was the first to talk about amendments in the new exam patterns and helped students achieve good marks. So, follow this page for future updates.
CA Final Exam Pattern Nov 2024: Overview
The table below mentions the CA Final exam pattern for the 2024 exams:
| Particulars | Details |
| Mode of exam | Pen & Paper based |
| Medium of exam | English & Hindi |
| Duration of exam | 3 hours for each paper |
| Number of Groups | 2 Groups |
| Types of questions | Both Objective & Subjective |
| Exam conducting body | Institute of Chartered Accountants of India (ICAI) |
| Total number of papers | Eight papers |
| Frequency | Twice a year (May & November) |
| Marking scheme | 100 marks on each paper |
| Negative marking | No negative marking for wrong answers |
CA Final is the last stage of the CA course in India. After completing their 2.5 years of articleship in CA Final Level, candidates then become eligible to appear for CA final exams. Exams are held two times a year – in the month of May and November.
Students preparing for the CA Final 2024 exams must be aware of the CA New syllabus that ICAI is going to implement in the near future. In this CA new scheme, the ICAI has made changes to the Eligibility, Registration, Syllabus, Exam Pattern, Exemptions and Exit Route.
ICAI CA Final Exam Pattern for All Subjects
The Institute of Chartered Accountants follows a distinct exam pattern for the different subjects of the CA final level.
Paper 1: Financial Reporting (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter 1: Introduction to Indian Accounting Standards | |
| Chapter 2: Conceptual Framework for Financial Reporting under Indian Accounting Standards (Ind AS) | |
Chapter 3: Ind AS on Presentation of Items in the Financial Statements
| |
Chapter 4: Ind AS on Measurement based on Accounting Policies
| |
| Chapter 5: Ind AS 115 “Revenue from Contracts with Customers” | |
Module-2 | |
Chapter 6: Ind AS on Assets of the Financial Statements
| |
Chapter 7: Other Indian Accounting Standards
| |
Module-3 | |
Chapter 8: Ind AS on Liabilities of the Financial Statements
| |
Chapter 9: Ind AS on Items impacting the Financial Statements
| |
Chapter 10: Ind AS on Disclosures in the Financial Statements
| |
Chapter 11: Accounting and Reporting of Financial Instruments
| |
Module-4 | |
| Chapter 12: Ind AS 103 “Business Combinations” | |
| Chapter 13: Consolidated and Separate Financial Statements of Group Entities | |
| Chapter 14: Ind AS 101 “First-time Adoption of Indian Accounting Standards” | |
| Chapter 15: Analysis of Financial Statements | |
| Chapter 16: Professional and Ethical Duty of a Chartered Accountant | |
| Chapter 17: Accounting and Technology |
Paper 2: Advanced Financial Management (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter 1: Financial Policy and Corporate Strategy | |
| Chapter 2: Risk Management | |
| Chapter 3: Advanced Capital Budgeting Decisions | |
| Chapter 4: Security Analysis | |
| Chapter 5: Security Valuation | |
| Chapter 6: Portfolio Management | |
| Chapter 7: Securitization | |
| Chapter 8: Mutual Funds | |
| Chapter 9: Derivatives Analysis and Valuation | |
| Chapter 10: Foreign Exchange Exposure and Risk Management | |
| Chapter 11: International Financial Management | |
| Chapter 12: Interest Rate Risk Management | |
| Chapter 13: Business Valuation | |
| Chapter 14: Mergers, Acquisitions and Corporate Restructuring | |
| Chapter 15: Startup Finance |
Paper 3: Advanced Auditing, Assurance, and Professional Ethics (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter 1: Quality Control | |
| Chapter 2: General Auditing Principles and Auditors Responsibilities | |
| Chapter 3: Audit Planning, Strategy and Execution | |
| Chapter 4: Materiality, Risk Assessment and Internal Control | |
| Chapter 5: Audit Evidence | |
| Chapter 6: Completion and Review | |
| Chapter 7: Reporting | |
Module-2 | |
| Chapter 8: Specialised Areas | |
| Chapter 9: Audit-related Services | |
| Chapter 10: Review of Financial Information | |
| Chapter 11: Prospective Financial Information and Other Assurance Services | |
| Chapter 12: Digital Auditing and Assurance | |
| Chapter 13: Group Audits | |
| Chapter 14: Special Features of Audit of Banks and Non-Banking Financial Companies | |
Module-3 | |
| Chapter 15: Overview of Audit of Public Sector Undertakings | |
| Chapter 16: Internal Audit | |
| Chapter 17: Due Diligence, Investigation & Forensic Audit | |
| Chapter 18: Emerging Areas: Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) Assurance | |
| Chapter 19: Professional Ethics & Liabilities of Auditors |
Also know: Where to Join CA Final Coaching?
Paper 4: Direct Tax Laws and International Taxation (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter 1: Basic Concepts | |
| Chapter 2: Incomes which do not form part of Total Income | |
| Chapter 3: Profits and Gains of Business or Profession | |
| Chapter 4: Capital Gains | |
| Chapter 5: Income from Other Sources | |
| Chapter 6: Income of Other Persons included in Assessee’s Total Income | |
| Chapter 7: Aggregation of Income, Set Off or Carry Forward of Losses | |
| Chapter 8: Deductions from Gross Total Income | |
Module-2 | |
| Chapter 9: Assessment of Various Entities | |
| Chapter 10: Assessment of Trusts and Institutions, Political Parties and Other Special Entities | |
| Chapter 11: Tax Planning, Tax Avoidance and Tax Evasion | |
| Chapter 12: Taxation of Digital Transactions | |
Module-3 | |
| Chapter 13: Deduction, Collection and Recovery of Tax | |
| Chapter-14 Income Tax Authorities | |
| Chapter-15 Assessment Procedure | |
| Chapter-16 Appeals and Revision | |
| Chapter-17 Dispute Resolution | |
| Chapter-18 Miscellaneous Provisions | |
| Chapter-19 Provisions to Counteract Unethical Tax Practices | |
| Chapter-20 Tax Audit and Ethical Compliances | |
Module-4 | |
| Chapter 21: Non Resident Taxation | |
| Chapter 22: Double Taxation Relief | |
| Chapter 23: Advance Rulings | |
| Chapter 24: Transfer Pricing | |
| Chapter 25: Fundamentals of BEPS | |
| Chapter 26: Application and Interpretation of Tax Treaties | |
| Chapter 27: Overview of Model Tax Conventions | |
| Chapter 28: Latest Developments in International Taxation |
Paper 5: Indirect Tax Laws (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter-1 Supply Under GST | |
| Chapter-2 Charge Of GST | |
| Chapter-3 Place of Supply | |
| Chapter-4 Exemptions from GST | |
| Chapter-5 Time of Supply | |
| Chapter-6 Value Of Supply | |
Module-2 | |
| Chapter 7: Input Tax Credit | |
| Chapter 8: Registration | |
| Chapter 9: Tax Invoice, Credit and Debit Notes | |
| Chapter 10: Accounts and Records; E-way Bill | |
| Chapter 11: Payment of Tax | |
| Chapter 12: Electronic Commerce Transactions Under GST | |
| Chapter 13: Returns | |
Module-3 | |
| Chapter 14: Import and Export Under GST | |
| Chapter 15: Refunds | |
| Chapter 16: Job Work | |
| Chapter 17: Assessment and Audit | |
| Chapter 18: Inspection, Search, Seizure and Arrest | |
| Chapter 19: Demand and Recovery | |
| Chapter 20: Liability to Pay in Certain Cases | |
| Chapter 21: Offences and Penalties and Ethical Aspects under GST | |
| Chapter 22: Appeals and Revisions | |
| Chapter 23: Advance Ruling | |
| Chapter 24: Miscellaneous Provisions | |
Module-4 | |
| Chapter-1 Levy of Exemptions from Customs Duty | |
| Chapter-2 Types of Duty | |
| Chapter-3 Classification of Imported & Exported Goods | |
| Chapter-4 Valuation Under the Customs Act, 1962 | |
| Chapter-5 Importation and Exportation of Goods | |
| Chapter-6 Warehousing | |
| Chapter-7 Refund | |
| Chapter-8 Foreign Trade Policy |
Paper-6: Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management)
Section A: Corporate and Economic Laws
Syllabus Modules | Chapters |
Module-1 | |
| Section A: Company Law | |
| Chapter 1: Appointment and Qualification of Directors | |
| Chapter 2: Appointment and Remuneration of Managerial Personnel | |
| Chapter 3: Meetings of Board and Its Powers | |
| Chapter 4: Inspection, Inquiry and Investigation | |
| Chapter 5: Compromises, Arrangements and Amalgamations | |
| Chapter 6: Prevention of Oppression and Mismanagement | |
| Chapter 7: Winding Up | |
| Chapter 8: Miscellaneous Provisions | |
| Chapter 9: Adjudication, Special Courts, National Company Law Tribunal & National Company Law Appellate Tribunal | |
| Chapter 10: e-Filing | |
Module-2 | |
| Section B: Securities Laws | |
| Chapter 1: SEBI Act, 1992, SEBI (LODR) Regulations, 2015, SEBI (ICDR) Regulations, 2018, SEBI (SAST) Regulations, 2011 and SEBI (PIT) Regulations, 2015 | |
| Part II: Economic Laws | |
| Chapter 1: The Foreign Exchange Management Act, 1999 | |
| Chapter 2: The Foreign Contribution Regulation Act, 2010 | |
| Chapter 3: The Insolvency and Bankruptcy Code, 2016 |
Section B: Strategic Cost & Performance Management
Syllabus Modules | Chapters |
Module-1 (Strategic Cost Management) | |
| Chapter 1: Introduction to Strategic Cost Management | |
| Chapter 2: Modern Business Environment | |
| Chapter 3: Lean System and Innovation | |
| Chapter 4: Specialist Cost Management Techniques | |
| Chapter 5: Management of Cost Strategically for Emerging Business Models | |
| Chapter 6: Strategic Revenue Management | |
| Chapter 7: Strategic Profit Management | |
Module-2 (Strategic Performance Management) | |
| Chapter 8: An Introduction to Strategic Performance Management | |
| Chapter 9: Strategic Performance Measures in Private Sector | |
| Chapter 10: Strategic Performance Measures in the Non-for-Profit Organisations | |
| Chapter 11: Preparation of Performance Reports | |
| Chapter 12: Divisional Transfer Pricing | |
| Chapter 13: Standard Costing | |
| Chapter 14: Case Study |
CA Final Exam Pattern 2024 Paper Wise Weightage
| CA Final Exam Pattern 2024 Paper Wise Weightage | ||||
Groups | Papers | Duration | Marks per paper | Total marks |
Group I | Paper-1: Financial Reporting | 3 hours | 100 | 300 |
Paper-2: Strategic Financial Management | 3 hours | 100 | ||
Paper-3: Direct Tax Law & International Taxation | 3 hours | 100 | ||
Group II | Paper-4: Advanced Auditing and Professional Ethics | 3 hours | 100 | 300 |
Paper-5: Indirect Tax Laws | 3 hours | 100 | ||
Paper-6: Intergrated Business Solutions | 3 hours | 100 | ||
CA Final Section and Skill Wise Weightage
| CA Final Section and Skill Wise Weightage | |||
|---|---|---|---|
| Paper | Level IComprehension and Knowledge | Level II Application | Level III Evaluation and Synthesis |
| Paper 1: Financial Reporting | 5%-15% | 60%-85% | 10%-25% |
| Paper 2: Strategic Financial Management | 10%-20% | 20%-40% | 50%-60% |
| Paper 3: Direct Tax Laws | 5%-10% | 60%-80% | 15%-30% |
| Paper 4: Advanced Auditing and Professional Ethics | 20%-35% | 45%-70% | 10%-20% |
| Paper 5: Indirect Tax Laws | |||
| Part I: Goods and Service Tax | 10%-30% | 40%-70% | 20%-30% |
| Part II: Customs & FTP | 20%-40% | 40%-70% | 10%-20% |
FAQs
Q 1. What are the exam dates for the CA Final Nov 2024 exams?
Ans. The CA Final exam dates are Nov 03, 05, 07, 09, 11 and 13, 2024. These are the revised dates for the CA Final Exam Nov 2024.
Q 2. Is ICAI study material enough in CA Final Preparation?
The study material provided by ICAI is ample and sufficient for cracking the CA final exam. One must go through this material completely to score high marks in the exams.
Q 3. How many attempts do I have for the CA Final exams?
Students have 10 attempts or 5 years after registration to clear the CA Final exams. Afterward, they can also re-validate their registration.