CA Final Syllabus

CA Final Syllabus May 2025

The CA Final syllabus and subjects for 2025 have been updated by ICAI, and it’s crucial for students to follow the new version. To access the revised syllabus and subjects for the CA Final Exams, you can visit the BoS Knowledge portal on the official ICAI website or check the relevant page.

The ICAI CA Final Syllabus 2025 is organized into 6 subjects, grouped into 2 categories. These subjects encompass financial reporting, management, advanced auditing, corporate laws, cost management, and taxes. Each paper in the CA Final Course is worth 100 marks.

To successfully pass the CA Final exams, students must achieve a minimum of 40% marks in each subject and an overall aggregate of 50% across all CA Final subjects. Effective preparation, thorough revision, and solving an adequate number of CA Final papers, including MTPs and RTPs, are essential for achieving the best results in the May 2025 Exams.

CA Final Syllabus May 2025 Overview

Check the CA Final syllabus under the latest ICAI scheme with an overview of the included papers.

CA Final Syllabus May 2025
Sl. No	Paper Name	Marks
Paper 1	Financial Reporting	100 Marks
Paper 2	Advanced Financial Management	100 Marks
Paper 3	Advanced Auditing, Assurance And Professional Ethics	100 Marks
Paper 4	Direct Tax Laws & International Taxation	100 Marks
Paper 5	Indirect Tax Laws Part I: Goods and Services Tax Part II: Costumes & FTP	100 Marks 80 Marks 20 Marks
Paper 6	Integrated Business Solutions (Multi-Disciplinary Case Study With Strategic Management)	100 Marks

CA Final New Syllabus 2025

The new CA Final syllabus under the new ICAI scheme consists of six subjects. The comprehensive topics and subtopics covered in each of the CA Final new scheme subjects are listed below,

Paper 1: Financial Reporting

The syllabus for CA Final Paper 1 – Financial Reporting (Applicable for May 2025 Examination & onwards) covers various Indian Accounting Standards (Ind AS), financial reporting, business combinations, and the ethical duties of Chartered Accountants. Below is a structured table for the Financial Reporting syllabus:

CA Final Syllabus 2025 For Financial Reporting
Module	Chapter	Topic	Units
Module 1	Chapter 1	Introduction to Indian Accounting Standards	–
	Chapter 2	Conceptual Framework for Financial Reporting under Ind AS	–
	Chapter 3	Ind AS on Presentation of General Purpose Financial Statements	Ind AS 1, Ind AS 34, Ind AS 7
	Chapter 4	Ind AS on Measurement Based on Accounting Policies	Ind AS 8, Ind AS 10, Ind AS 113
Module 2	Chapter 5	Ind AS on Assets of the Financial Statements	Ind AS 2, Ind AS 16, Ind AS 23, Ind AS 36, Ind AS 38, Ind AS 40, Ind AS 105, Ind AS 116
Module 3	Chapter 6	Ind AS on Liabilities of the Financial Statements	Ind AS 19, Ind AS 37
	Chapter 7	Ind AS on Items Impacting Financial Statements	Ind AS 12, Ind AS 21
	Chapter 8	Ind AS on Disclosures in the Financial Statements	Ind AS 24, Ind AS 33, Ind AS 108
Module 4	Chapter 9	Ind AS 115 – Revenue from Contracts with Customers	–
	Chapter 10	Other Indian Accounting Standards	Ind AS 41, Ind AS 20, Ind AS 102
	Chapter 11	Accounting and Reporting of Financial Instruments	–
Module 5	Chapter 12	Ind AS 103 – Business Combinations	–
	Chapter 13	Consolidated and Separate Financial Statements of Group Entities	Ind AS 110, Ind AS 111, Ind AS 28, Ind AS 27
	Chapter 14	Ind AS 101 – First-time Adoption of Ind AS	–
	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

The syllabus for CA Final Paper 2: Advanced Financial Management (Applicable for May 2025 Exam) covers various advanced financial topics, focusing on corporate strategy, risk management, capital budgeting, and financial valuation. Below is a structured table for the Advanced Financial Management syllabus:

CA Final Syllabus 2025 For Advanced Financial Management
Chapter No.	Topic
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

The syllabus for CA Final Paper 3: Advanced Auditing, Assurance and Professional Ethics (Applicable for May 2025 Exam) is organized into three modules, covering a wide range of auditing topics, professional ethics, and specialized areas in auditing. Below is a structured table for the Advanced Auditing, Assurance and Professional Ethics syllabus:

CA Final Syllabus 2025 for Advanced Auditing, Assurance and Professional Ethics
Module	Chapter	Topic
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	Related Services
	Chapter 10	Review of Financial Information
	Chapter 11	Prospective Financial Information and Other Assurance Services
	Chapter 12	Digital Auditing & Assurance
	Chapter 13	Group Audits
	Chapter 14	Special Features of Audit of Banks & 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 Accounting
	Chapter 18	Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) Assurance
	Chapter 19	Professional Ethics & Liabilities of Auditors

Paper 4: Direct Tax Laws & International Taxation

The syllabus for CA Final Paper 4: Direct Tax Laws & International Taxation (Applicable for May 2025 and November 2025 Exams) is divided into four modules, covering a wide range of topics on taxation, tax planning, international tax issues, and ethical considerations. Below is a structured table for the Direct Tax Laws & International Taxation syllabus:

CA Final Syllabus 2025 for Direct Tax Laws & International Taxation
Module	Chapter	Topic
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

The syllabus for CA Final Paper 5: Indirect Tax Laws (Applicable for May 2025 and November 2025 Exams) is divided into two parts: Goods and Services Tax (GST) and Customs & Foreign Trade Policy (FTP). Below is a structured table for the Indirect Tax Laws syllabus:

CA Final Syllabus 2025 for Indirect Tax Laws
Module	Chapter	Topic
Part I: Goods and Services Tax (GST)
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
	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	Demands and Recovery
	Chapter 20	Liability to Pay in Certain Cases
	Chapter 21	Offences and Penalties and Ethical Aspects under GST
	Chapter 22	Appeals and Revision
	Chapter 23	Advance Ruling
	Chapter 24	Miscellaneous Provisions
Part II: Customs & FTP
Module 4	Chapter 1	Levy of and Exemptions from Customs Duty
	Chapter 2	Types of Duty
	Chapter 3	Classification of Imported and Export 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

In order to address issues in real-world case scenarios, the goal is to analyze and integrate the concepts, rules, and provisions of corporate laws, accounting, auditing, taxation, finance, and business strategy and management.

This assignment, which will only use case studies, will evaluate the student’s overall understanding of the following topics:

1 Financial Reporting

2 Advanced Financial Management

3 Advanced Auditing, Assurance and Professional Ethics

4 Direct Tax Laws & International Taxation

5 Indirect Tax Laws

6 Corporate and Economic Laws

7 Strategic Cost & Performance Management