• Written By Apratim Chatterjee
  • Last Modified 27-09-2023

CA IPCC Syllabus 2022: Download CA Inter Group Syllabus PDF

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CA IPCC Syllabus 2022 – The Institute of Chartered Accountants of India (ICAI) has released the syllabus for CA IPCC exam 2022. The May 2022 exam of CA IPCC 2022 is scheduled between May 15 to 22, 2022 for Group 1 and from May 24 to 30 for Group 2. CA IPCC syllabus 2022 is divided into two groups i.e CA inter group 1 subjects and CA inter group 2 subjects. The registered candidates will be having the option to give the exam for a single group or both groups as per their choice.

CA intermediate Syllabus is released on the official website of ICAI. The syllabus includes all the topics covered in each paper of CA IPCC exam 2022 as provided by ICAI. The candidates are recommended to refer the CA IPCC syllabus of the exam before starting their preparations. Go through the complete article to know more about the CA IPCC syllabus 2022 in detail. 

CA Intermediate Syllabus: Overview

Before checking the syllabus of CA IPCC, candidates can get the overview of the exam from the below mentioned table.

FeaturesDetails
Exam NameChartered Accountancy (Integrated Professional Competence Course) 
Conducting BodyInstitute of Chartered Accountants of India (ICAI)
Exam LevelNational Level
Exam FrequencyTwice a year
LanguageEnglish
Exam Websiteicaiexam.icai.org
Total Number of Papers and GroupsGroup – 1 ( Total 4 papers)
Group – 2 (Total 3 papers) 

CA IPCC Syllabus 2022 – Subject wise Topics of group 1

The topics covered in the syllabus of group 1 of CA IPCC 2021 are as given below: 

Paper 1: Accounting 

As per the syllabus of CA IPCC exam 2021, the topics covered under the paper of accounting are as follows: 

S.NoCA IPCC Syllabus Paper 1: Accounting 
1A General Knowledge of the framing of the accounting standards, national and international accounting authorities, adoption of international financial reporting standards 
2Accounting Standards 
AS 1 : Disclosure of Accounting Policies 
AS 2 : Valuation of Inventories 
AS 3 : Cash Flow Statements 
AS 6 : Depreciation Accounting 
AS 7 : Construction Contracts (Revised 2002)
AS 9 : Revenue Recognition 
AS 10 : Accounting for Fixed Assets 
AS 13 : Accounting for Investments 
AS 14 : Accounting for Amalgamations
3Company Accounts  
(a) Preparation of financial statements Profit and Loss AccountBalance Sheet and Cash Flow StatementStatement of changes in Equity and Explanatory Notes. 
(b) Profit (Loss) prior to incorporation 
(c) Alteration of share capital, Conversion of fully paid shares into stock and stock into shares, Accounting for bonus issue 
(d) Simple problems on Accounting for business acquisition, Amalgamation and reconstruction (excluding problems of amalgamation on inter-company holding) 
4Average Due Date, Account Current, Self-Balancing Ledgers 
5Financial Statements of Not-for-Profit Organisations 
6Accounts from Incomplete Records
7Accounting for Special Transactions
Hire purchase and instalment sale transactionsInvestment accounts Insurance claims for loss of stock and loss of profit. 
8Issues in Partnership Accounts 
Final accounts of partnership firms – Admission, retirement and death of a partner including treatment of goodwill. 
9Accounting in Computerised Environment
An overview of computerized accounting system 
Salient features and significance
Concept of grouping of accountsCodification of accounts
Maintaining the hierarchy of ledger
Accounting packages and consideration for their selection
Generating Accounting Reports

CA IPCC Paper 2: Business Laws, Ethics and Communication 

The topics covered under the Business laws, ethics and communication are classified into three parts.

CA Intermediate Syllabus: Part I Business Laws

Check the topics covered under Business Laws from the below mentioned table.

S.NoCA IPCC Syllabus Paper 2 Business Laws
1Business Law
The Indian Contract Act, 1872 
The Negotiable Instruments Act, 1881 
The Payment of Bonus Act, 1965 
The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 
The Payment of Gratuity Act, 1972
2Company Law (30 Marks) The Companies Act, 2013 – Sections 1 to 122
Preliminary 
Incorporation of Company and Matters Incidental thereto 
Prospectus and Allotment of Securities 
Share Capital and Debentures 
Acceptance of Deposits by companies 
Registration of Charges 
Management and Administration 
Company Law in a computerized Environment – E-filing.

CA Intermediate Syllabus: Part II Ethics

Below we have provided the topics covered under Ethics in a tabulated form. Check the CA intermediate syllabus FOR Ethics:

CA IPCC Syllabus Paper 2 Ethics TopicsDetails
Introduction to Business EthicsThe nature, purpose of ethics and morals for organizational interests; Ethics and Conflicts of Interests; Ethical and Social Implications of business policies and decisions; Corporate Social Responsibility; Ethical issues in Corporate Governance. 
Environment issuesProtecting the Natural Environment – Prevention of Pollution and Depletion of Natural Resources; Conservation of Natural Resources. 
Ethics in WorkplaceIndividual in the organisation, discrimination, harassment, gender equality. 
Ethics in Marketing and Consumer ProtectionHealthy competition and protecting consumer’s interest. 
Ethics in Accounting and Finance Importance, issues and common problems.

CA IPCC Syllabus: Part III Communication

Below we have provided the topics covered under Communication in a tabulated form. You can check the CA intermediate syllabus of Part III Communication:

S.NoCA IPCC Syllabus Part III Communication
1Elements of Communication
Forms of Communication: Formal and Informal, Interdepartmental, Verbal and nonverbal; Active listening and critical thinking
Presentation skills including conducting meeting, press conference
Planning and Composing Business messages
Communication channels 6
Communicating Corporate culture, change, innovative spirits
Communication breakdowns
Communication ethics
Groups dynamics; handling group conflicts, consensus building; influencing and persuasion skills; Negotiating and bargaining
Emotional intelligence – Emotional Quotient
Soft skills – personality traits; Interpersonal skills; leadership 
2Communication in Business Environment
Business Meetings – Notice, Agenda, Minutes, Chairperson’s speech
Press releases
Corporate announcements by stock exchanges
Reporting of proceedings of a meeting 
3Basic understanding of legal deeds and documents
Partnership deed
Power of Attorney
Lease deed
Affidavit
Indemnity bond
Gift deed
Memorandum and articles of association of a company
Annual Report of a company 

CA IPCC Paper 3: Cost Accounting and Financial Management

The topics covered in the paper on Cost Accounting and Financial Management are classified into two parts.

CA IPCC Paper 3 Cost Accounting

Check the topics and sub-topics included in Cost Accounting.

CA IPCC Syllabus Paper 3 Cost AccountingSub-topics of Cost Accounting
Introduction to Cost Accounting(a) Objectives and scope of Cost Accounting (b) Cost centres and Cost units
(c) Cost classification for stock valuation, Profit measurement, Decision making and control
(d) Coding systems
(e) Elements of Cost
(f) Cost behaviour pattern, Separating the components of semi-variable costs
(g) Installation of a Costing system
(h) Relationship of Cost Accounting, Financial Accounting, Management Accounting and Financial Management.
2. Cost Ascertainment (a) Material Cost 
(i) Procurement procedures— Store procedures and documentation in respect of receipts and issue of stock, Stock verification 
(ii)Inventory control — Techniques of fixing of minimum, maximum and reorder levels, Economic Order Quantity, ABC classification; Stocktaking and perpetual inventory 
(iii) Inventory accounting 
(iv) Consumption — Identification with products of cost centres, Basis for consumption entries in financial accounts, Monitoring consumption. 
(b) Employee Cost 
(i) Attendance and payroll procedures, Overview of statutory requirements, Overtime, Idle time and Incentives 
(ii) Labour turnover 
(iii) Utilisation of labour, Direct and indirect labour, Charging of labour cost, Identifying labour hours with work orders or batches or capital jobs  
(iv) Efficiency rating procedures 
(v) Remuneration systems and incentive schemes. 
(c) Direct ExpensesSub-contracting — Control on material movements, Identification with the main product or service. 
(d) Overheads 
(i) Functional analysis — Factory, Administration, Selling, Distribution, Research and Development Behavioural analysis — Fixed, Variable, Semi variable and Step cost 
(ii) Factory Overheads — Primary distribution and secondary distribution, Criteria for choosing suitable basis for allotment, Capacity cost adjustments, Fixed absorption rates for absorbing overheads to products or services
(iii) Administration overheads — Method of allocation to cost centres or products 
(iv) Selling and distribution overheads — Analysis and absorption of the expenses in products/customers, impact of marketing strategies, Cost effectiveness of various methods of sales promotion. 
3. Cost Book-keeping Cost Ledgers—Non-integrated accounts, Integrated accounts, Reconciliation of cost and financial accounts
4. Costing Systems(a) Job Costing 
Job cost cards and databases, Collecting direct costs of each job, Attributing overhead costs to jobs, Applications of job costing
(b) Batch Costing 
(c) Contract Costing 
Progress payments, Retention money, Escalation clause, Contract accounts, Accounting for material, Accounting for plant used in a contract, Contract profit and Balance sheet entries. 
(d) Process Costing 
Double entry book keeping, Process loss, Abnormal gains and losses, Equivalent units, Inter-process profit, Joint products and by products
(e) Operating Costing System 
5. Introduction to Marginal Costing Marginal costing compared with absorption costing
Contribution
Breakeven analysis and profit volume graph 
6. Introduction to Standard CostingVarious types of standards
Setting of standards
Basic concepts of material and Labour standards and variance analysis
7. Budget and Budgetary ControlThe budget manual
Preparation and monitoring procedures
Budget variances
Flexible budget
Preparation of functional budget for operating and non operating functions
Cash budget
Master budget 
Principal budget factors

CA IPCC Paper 3 Finance Management

Below we have provided topics and sub-topics included in Finance Management in tabulated form. Check the CA intermediate syllabus of Paper 3 Finance Management:

CA IPCC Syllabus Paper 3 Finance ManagementDetails 
1. Scope and Objectives of Financial Management(a) Meaning, Importance and Objectives
(b) Conflicts in profit versus value maximisation principle
(c) Role of Chief Financial Officer. 
2. Time Value of Money Compounding and Discounting techniques— Concepts of Annuity and Perpetuity 
3. Financial Analysis and Planning (a) Ratio Analysis for performance evaluation and financial health
(b) Application of Ratio Analysis in decision making
(c) Analysis of Cash Flow Statement. 
4. Financing Decisions (a) Cost of Capital — Weighted average cost of capital and Marginal cost of capital
(b) Capital Structure decisions — Capital structure patterns, Designing optimum capital structure, Constraints, Various capital structure theories
(c) Business Risk and Financial Risk — Operating and financial leverage, Trading on Equity.
5. Types of Financing (a) Different sources of finance
(b) Project financing — Intermediate and long term financing
(c) Negotiating term loans with banks and financial institutions and appraisal thereof
(d) Introduction to lease financing
(e) Venture capital finance.
6. Investment Decisions (a) Purpose, Objective, Process
(b) Understanding different types of projects
(c) Techniques of Decision making: Non-discounted and Discounted Cash flow Approaches — Payback Period method, Accounting Rate of Return, Net Present Value, Internal Rate of Return, Modified Internal Rate of Return, Discounted Payback Period and Profitability Index (d) Ranking of competing projects, Ranking of projects with unequal lives.
7. Management of Working Capital (a) Working capital policies
(b) Funds flow analysis
(c) Inventory management
(d) Receivables management
(e) Payables management
(f) Management of cash and marketable securities
(g) Financing of working capital. 

CA IPCC Paper 4 Taxation

As per the syllabus of CA IPCC exam 2021, the topics covered under the paper of Taxation are classified as two sections such as income tax and indirect tax.

CA IPCC Paper 4 Income Tax

Get the complete details of CA IPCC Paper 3 Income Tax syllabus from the below mentioned table.

S.NoIncome Tax
1Important definitions in the Income-tax Act, 1961 
2Basis of charge; Rates of taxes applicable for different types of assessees 
3Concepts of previous year and assessment year 
4Residential status and scope of total income; Income deemed to be received / deemed to accrue or arise in India 
5Incomes which do not form part of total income (other than charitable trusts and institutions, political parties and electoral trusts) 
6Heads of income and the provisions governing computation of income under different heads 
7Income of other persons included in assessee’s total income 
8Aggregation of income; Set-off or carry forward and set-off of losses 
9Deductions from gross total income 
10Computation of total income and tax liability of individuals 
11Provisions concerning advance tax and tax deducted at source
12Provisions for filing of return of income. 

CA IPCC Paper 3 Indirect Taxes

Get the complete details of CA IPCC Paper 3 Indirect Taxes syllabus from the below mentioned table.

Indirect TaxesDetails
Concept of indirect taxes(i) Concept and features of indirect taxes (ii) Principal indirect taxes 
Goods and Services Tax (GST) Laws (i) GST Laws: An introduction including Constitutional aspects 
(ii) Levy and collection of CGST and IGST 
a) Application of CGST/IGST law 
b) Concept of supply including composite and mixed supplies 
c) Charge of tax 
d) Exemption from tax 
e) Composition levy 
(iv) Basic concepts of time and value of supply 
(vi) Input tax credit 
(vii) Computation of GST liability 
(viii) Registration 
(ix) Tax invoice; Credit and Debit Notes; Electronic way bill 
(x) Returns 
(xi) Payment of tax including reverse charge

Paper: 5 Advanced Accounting

As per CA IPCC syllabus 2021, the topics covered under the paper of Advanced Accounting are as follows:

CA IPCC Advanced Accounting SyllabusDetails
1. Framework for Preparation and Presentation of Financial Statements 
2. Accounting Standards Working knowledgeAS 4 : Contingencies and Events occurring after the Balance Sheet Date
AS 5 : Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
AS 11 : The Effects of Changes in Foreign Exchange Rates (Revised 2003)
AS 12 : Accounting for Government Grants
AS 16 : Borrowing Costs
AS 19 : Leases
AS 20 : Earnings Per Share
AS 26 : Intangible Assets
AS 29 : Provisions, Contingent Liabilities and Contingent Assets. 
3. Advanced Issues in Partnership Accounts and Issues related to accounting in Limited Liability PartnershipsDissolution of partnership firms including piecemeal distribution of assets;
Amalgamation of partnership firms;
Conversion into a company and Sale to a company.
4. Company Accounts (a) Accounting for employee stock option plan, Buy back of securities, Equity shares with differential rights, Underwriting of shares and debentures, Redemption of debentures
(b) Advanced problems for business acquisition, Amalgamation and reconstruction (excluding problems of amalgamation of inter-company holding)
(c) Accounting involved in liquidation of companies, Statement of Affairs (including deficiency/surplus accounts) and Iiquidator’s statement of account of the winding up
(d) Financial Reporting of Insurance and Banking and legal and regulatory requirements thereof 
5. Accounting for Special Transactions Departmental and branch accounts including foreign branches

Practice Exam Questions

Paper 6 Auditing and Assurance

As per CA intermediate syllabus , the topics covered under the paper of Auditing and Assurance are as follows:

S.NoPaper: 6 Auditing and Assurance
1. Auditing Concepts ─ Nature and limitations of Auditing, Basic Principles governing an audit, Ethical principles and concept of Auditor’s Independence, Relationship of auditing with other disciplines. 
2.Standards on Auditing and Guidance Notes ─ Overview, Standard-setting process, Role of International Auditing and Assurance Standards Board, Standards on Auditing issued by the ICAI; Guidance Note(s) on ─ Audit of Fixed Assets, Audit of Inventories, Audit of Investments, Audit of Debtors, Loans and Advances, Audit of Cash and Bank Balances, Audit 4 of Miscellaneous Expenditure, Audit of Liabilities, Audit of Revenue, Audit of Expenses and provision for proposed dividends. 
3.Auditing engagement ─ Audit planning, Audit programme, Control of quality of audit work ─ Delegation and supervision of audit work. 
4.Documentation ─ Audit working papers, Audit files: Permanent and current audit files, Ownership and custody of working papers. 
5. Audit evidence ─ Audit procedures for obtaining evidence, Sources of evidence, Reliability of audit evidence, Methods of obtaining audit evidence ─ Physical verification, Documentation, Direct confirmation, Re-computation, Analytical review techniques, Representation by management, Obtaining certificate. 
6.Internal Control ─ Elements of internal control, Review and documentation, Evaluation of internal control system, Internal control questionnaire, Internal control check list, Tests of control, Application of concept of materiality and audit risk, Concept of internal audit. 
7. Internal Control and Computerized Environment, Approaches to Auditing in Computerised Environment.
8. Auditing Sampling ─ Types of sampling, Test checking, Techniques of test checks.
9. Analytical review procedures. 
10Audit of payments ─ General considerations, Wages, Capital expenditure, Other payments and expenses, Petty cash payments, Bank payments, Bank reconciliation
11. Audit of receipts ─ General considerations, Cash sales, Receipts from debtors, Other Receipts. 
12. Audit of Purchases ─ Vouching cash and credit purchases, Forward purchases, Purchase returns, Allowance received from suppliers. 
13. Audit of Sales ─ Vouching of cash and credit sales, Goods on consignment, Sale on approval basis, Sale under hire-purchase agreement, Returnable containers, Various types of allowances given to customers, Sale returns. 
14. Audit of suppliers’ ledger and the debtors’ ledger ─ Self-balancing and the sectional balancing system, Total or control accounts, Confirmatory statements from credit customers and suppliers, Provision for bad and doubtful debts, Writing off of bad debts.
15. Audit of impersonal ledger ─ Capital expenditure, deferred revenue expenditure and revenue expenditure, Outstanding expenses and income, Repairs and renewals, Distinction between reserves and provisions, Implications of change in the basis of accounting.
16.Audit of assets and liabilities. 
17. Company Audit ─ Audit of Shares, Eligibility, Qualifications and Disqualifications of Auditors, Appointment of auditors, Removal of auditors, Remuneration of Auditors, Powers 5 and duties of auditors, Branch audit , Joint audit , Reporting requirements under the Companies Act,2013, Other Important Provisions under the Companies Act, 2013 relating to Audit and Auditors and Rules made thereunder. 
18. Audit Report ─ Qualifications, Disclaimers, Adverse opinion, Disclosures, Reports and certificates.
19.Special points in audit of different types of undertakings, i.e., Educational institutions, Hotels, Clubs, Hospitals, Hire-purchase and leasing companies (excluding banks, electricity companies, cooperative societies, and insurance companies). 
20. Features and basic principles of government audit, Local bodies and not-for-profit organizations, Comptroller and Auditor General and its constitutional role.

Paper: 7 Information Technology and Strategic Management

As per the syllabus of CA intermediate syllabus, the topics covered under the paper of Information Technology and Strategic Management are classified into two categories.

IPCC Paper 7 Information Technology

Information Technology SyllabusDetails
Business Process Management & ITIntroduction to various Business processes – Accounting, Finances, Sale, Purchase etc. 
Business Process Automation – Benefits & Risks, 
Approach to mapping systems: Entity Diagrams 
Data Flow Diagrams
Systems Flow diagrams, 
Decision Trees/tables, Accounting systems vs. Value chain automation
Information as a business asset
Impact of IT on business processes
Business Risks of failure of IT
Business Process Re-engineering
2. Information Systems and IT FundamentalsUnderstand importance of IT in business and relevance to Audit with case studies
Understand working of computers and networks in business process automation from business information perspective
Concepts of Computing (Definition provided by ACM/IEEE and overview of related terminologies)
Overview of IS Layers – Applications
DBMS, systems software, hardware, networks & links and people
Overview of Information Systems life cycle and key phases
Computing Technologies & Hardware – Servers, end points, popular computing architectures, emerging computing architectures & delivery models – example: SaaS, Cloud Computing, Mobile computing, etc., 
Example: Overview of latest devices/technologies – i5, Bluetooth, Tablet, Wi-Fi, Android, Touchpad, iPad, iPod, Laptop, Notebook, Smartphone, Ultra- Mobile PC etc.
3. Telecommunication and NetworksFundamentals of telecommunication
Components and functions of Telecommunication Systems
Data networks – types of architecture, LAN, WAN, Wireless, private and public networks etc., 
Overview of computing architectures – centralized, de-centralized, mainframe, client-server, thin-thick client etc. 
Network Fundamentals – Components, Standards and protocols
Network risks & controls – VPN, Encryption, Secure protocols
Network administration and management – concepts and issues 
How information systems are facilitated through telecommunications
How Internet works, Internet architecture, key concepts, risks and controls, e-Commerce and M-commerce technologies 
4. Business Information SystemsInformation Systems and their role in businesses
IT as a business enabler & driver – ERP
Core Banking System
CRM
SCM 
HRMS
Payment Mechanisms
The relationship between organizations, information systems and business processes 
Accounting Information Systems and linkages to 
Operational systems, Business Reporting, MIS & IT. 
Organization Roles & responsibilities and table or authorities
Importance of access controls, privilege controls
Specialized systems – MIS 
DSS 
Business Intelligence, 
Expert Systems 
Artificial Intelligence
Knowledge Management systems etc.
5. Business Process Automation through Application software:Business Applications – overview and types 
Business Process Automation, relevant controls and information systems
Information Processing & Delivery channels and their role in Information Systems
Key types of Application Controls and their need
Emerging concepts – Virtualization 
Grid Computing 
Cloud delivery mod

IPCC Paper 7 Strategic Management

Strategic ManagementSubtopics of Strategic Management
Business EnvironmentGeneral Environment ─ Demographic, Socio-cultural, Macro-economic, Legal/political, Technological, and Global; Competitive Environment. 
Business Policy and Strategic ManagementMeaning and nature; Strategic management imperative; Vision, Mission and Objectives; Strategic levels in organizations.
3. Strategic AnalysisSituational Analysis – SWOT Analysis, TOWS Matrix, Portfolio Analysis ─ BCG Matrix.
4. Strategic PlanningMeaning, stages, alternatives, strategy formulation. 
5. Formulation of Functional StrategyMarketing strategy, Financial strategy, Production strategy, Logistics strategy, Human resource strategy.
6. Strategy Implementation and Control Organizational structures; Establishing strategic business units; Establishing profit centers by business, product or service, market segment or customer; Leadership and behavioural challenges. 
7. Reaching Strategic Edge Business Process Reengineering, Benchmarking, Total Quality Management, Six Sigma, Contemporary Strategic Issues.

CA IPCC Syllabus 2022 – Subject wise Weightage of Marks 

The subject-wise marks distribution of CA IPCC exam 2021 for both the groups is as given below: 

CA IPCC 2022 Subject-wise Marks Weightage 

Group – 1

Paper and subjects Marks distribution
Paper 1 Accounting100 Marks
Paper 2 Business Laws, Ethics and CommunicationBusiness Laws (30 marks) Company Law (30 Marks)Ethics (20 Marks)Communication (20 Marks)
Paper 3 Cost Accounting and Financial ManagementCost Accounting (50 Marks)Financial Management (50 Marks)
Paper 4 TaxationDirect Tax (50 Marks)Indirect Tax (50 Marks)

Group – 2

Paper and subjects Marks distribution
Paper 5 Advanced AccountingAdvanced Accounting (100 Marks)
Paper 6 Auditing and AssuranceAuditing and Assurance (100 Marks)
Paper 7 Information Technology and Strategic ManagementInformation Technology (50 Marks)Strategic Management (50 Marks)

FAQs on CA IPCC Syllabus:

Here we have provided some of the frequently asked questions on CA IPCC syllabus:

1. For how many hours should I study to be able to crack IPCC exam?
Ans.
  From the beginning, study for at least two hours daily, if you want success in IPCC exam. Try to cover two subjects; first is theory & second is practical. To be successful, it is compulsory that you should study daily.

2. What is the difference between CA IPCC and CA Inter?
Ans
. The CA PCC and IPCC are the two forms of the CA intermediate-level examination. The IPCC is the improvisation over the CA PCC examination with effect. The CA intermediate course is the second stage of the chartered accountancy curriculum next to the Foundation course.

3. Is there any negative marking in CA Intermediate?
Ans.
 There will not be any negative marking in the 2021 exam of CA Intermediate. An aggregate of about 50% marks is required as per CA Intermediate’s new pattern.

4. How do I get a certified copy of my answer sheet ICAI?
Ans.
 The online applicants can check the status of their application for certified copies at ICAI official website by logging in. You will be sent an email and SMS at your registered Email-ID and mobile phone on how to view/download the scanned copies of your answer books.

We hope you found this article on the CA IPCC syllabus informative and helpful. if you have any queries related to CA IPCC syllabus, CA intermediate subjects, CA inter-study material etc. feel to drop comment in the comment box below. we will answer them as soon as possible.

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