CA Subject

CA Subjects Complete List – CPT, IPCC & Final Exam in 2020

CA or Chartered Accountancy is one of the most sought after courses in India. It is a challenging course that is popular for its various difficulties. However, it is equally rewarding as well.

The profession of CA is a very reputed one. Subjects in CA cover a large area and the exams are said to be especially tough as well. The syllabus and lists of subjects are quite confusing and it is important that the students have clarity in that regard.

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Check Out: How to become a Chartered Accountant after Graduation


Often times, it takes students many years to complete the course but if they are well versed with their subjects, this tension of exams gets considerably reduced.

CA subjects and syllabus keep changing with new policies but the core remains more or less the same. Once a student knows their subjects, this course becomes easy for them.


Check Out: Chartered Accountant Course


What is Chartered Accountancy (CA) ?

Chartered Accountancy is one of the most reputable professions in India. It is a profession that deals with finance and business. It is the most prestigious profession. This is also a responsibility as this profession is the pillar for many businesses that are running.

Chartered Accountancy deals with financial statements, taxes, etc. The profession is not only limited to private firms but is also used extensively in government organizations and institutions. 


Check Out: Chartered Accountancy


Chartered Accountant (CA) Course

Chartered Accountancy Course is a difficult yet rewarding course which gives students an entry into one of the country’s most reputed profession.

The course duration is normally 3-4 years and one can pursue it after they are done with 12th class in the Commerce stream.

Who is a Chartered Accountant (CA)?

Chartered Accountants are experts in the field of Accountancy. They are the professionals who take under them various activities of a private or public or government firm regarding their financial statements and taxation.

CA, as they are referred to as normal, perform various activities as well as filing taxes, financial advising, etc. They have a huge responsibility as the finance of a company and their cash and wealth are in their hands. How they handle finances play a huge role in the way a firm performs and then subsequently faces a profitable situation or the one where they incur a loss.

Chartered Accountants also have their own organization known as the Institute of Chartered Accountants of India or the ICAI.

  1. The work of a CA is related to Taxation.
  2. Applied Finance is one of the fields in which CAs expertise.
  3. Financial Accounting and Reporting is one of their main tasks.
  4. CAs also have to do Management Accounting for big companies.
  5. They are also the link between the Government and the firm as they handle taxes.

Check Out: Chartered Accountant


Why Pursue a Professional Career in CA?

As mentioned, Chartered Accountants is a very reputable profession. There are various different opportunities with which one is presented with when they are pursuing their CA.

It is a course that helps one become an expert accountant. It is a high-level professional course with its own code and conduct. 

There are various reasons as to why one should pursue this course.

  1. This course is a professional degree which makes it very reputable as well as has a great scope. There is no dearth of job opportunities for CAs as there is no dearth of firms. Firms require a lot of things to be done on the financial end which can only be done by a CA.
  2. There is no need for prior education or work experience to pursue this course. Once this course is done, you are a professional and do not necessarily require higher education to widen your scope.
  3. It is a global profession. Once you are licensed as a Chartered Accountant, you have opportunities all over the world, as long as you can keep up with the laws. It is a globally recognized and valued profession.
  4. This course is quite flexible. You can take as many years as you want to complete it at your own pace. There is no compulsory attendance or anything. One can attend classes and study as they want.
  5. The course is solely based on exam success. One only has to clear exams to reach the next level. With no pressure of maintaining attendance, students can do a job or any other activity which they wish to do.

Also Read: Chartered Accountant after Graduation

CA Subjects List

CA is a very comprehensive course and a very important one for the economy. The students are offered a myriad of subjects which help to build their theoretical knowledge of laws and practical knowledge of accounting principles, this will help them to be competent.

Professional Accountants should have a concept and know what to do in case of a financial crisis in a firm. The subjects are of the utmost importance when it comes to this course.

CA Subjects in CA Foundation Course or CPT (Common Proficiency Test)

  1. Fundamentals OF Accounting
  2. Quantitative aptitude
  3. Mercantile Law
  4. General Economics
  5. General English

CA Subjects in Intermediate Course or IPCC (Integrated Professional Competence Course)

  1. Accounting
  2. Cost Accounting and Financial Management
  3. Advanced Accounting
  4. Taxation
  5. Auditing and Assurance
  6. Business Laws, Ethics and Communication
  7. Information Technology and Strategic Management
  8. Corporate and other Laws

CA Final Subjects

  1. Advanced Auditing and Professional Ethics
  2. Financial Reporting
  3. Strategic Financial Management 
  4. Strategic Cost Management and Performance Evaluation
  5. Corporate and Economic Laws
  6. Direct Tax Laws and International Taxation
  7. Indirect Tax Laws

There are also electives from which students can choose one.

  1. Risk Management
  2. International Taxation
  3. Economic Laws
  4. Financial Services and Capital Markets
  5. Global Financial Reporting Standards
  6. Multidisciplinary Case Studies

 CA Final Group 1 Subjects

  1. Financial Reporting 
  2. Strategic Financial Management
  3. Advanced Auditing and Professional Ethics
  4. Corporate and Allied Laws 

CA Final Group 2 Subjects

  1. Advanced Management Accounting
  2. Information systems Control and Audit
  3. Direct Tax Laws 
  4. Indirect Tax Laws

CA Final subjects New Course

  1. Financial Reporting 
  2. Strategic Financial Management 
  3. Advanced Auditing and Professional Ethics 
  4. Corporate and Economic Laws 
  5. Strategic Cost Management and Performance Evaluation
  6. Direct Tax Laws and International Taxation 
  7. Indirect Tax Laws

Check Out: Chartered Financial Analyst


B.com CA Subjects

B.com is a different subject from CA in the sense that B.com is quite basic when compared to CA. CA requires in-depth knowledge whereas a B.com is a particularly shallower subject. It is like a mini particle of the vast scope of CA in terms of concepts and subjects. The subjects taught are the following:

  1. Law
  2. Audit
  3. Taxation
  4. Finance Management
  5. IT
  6. Strategic Management
  7. Accountancy
  8. Economics

FAQs

✅ How many subjects are there in CA?

Ans. There are 7 Subjects in CA divided into the group of 4 and 3.

✅ How many years, of course, is CA?

Ans. CA is a course of 5 Years.

✅ What are the fees for CA?

Ans. Fees for both groups of CA is Rs. 18000 and for one group is Rs. 13,000.

✅ Is B.Com necessary for CA?

Ans. B.Com is not necessary for CA. You can also enroll at the end of your class 12th.

✅ What is the minimum percentage required for CA?

Ans. The minimum percentage required for CA is 55% in all subjects.

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About the Author

Rachit believes in the power of education and has studied from the top institutes of IIIT Allahabad, IIM Calcutta, and Francois Rabelias in France. He has worked as Software Developer with Microsoft and Adobe. Post his MBA, he worked with the world’s # 1 consulting firm, The Boston Consulting Group across multiple geographies US, South-East Asia and Europe.

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