[FAQs] Chartered Accountant (CA) – Preparation Related Questions

Paper

Subject

Type

Paper

Subject

Type

Group-I

Group-II

Paper

Subject

Type

Group-I

Group-II

A. Risk Management

B. Financial Services and Capital Markets

C. International Taxation

D. Economic Laws

E. Global Financial Reporting Standards

F. Multidisciplinary Case Study

Sr. No.

Name of CA Coaching Institutes/ Classes

Website Details

Offline

Online

Other Classes

7796868686

9229333040

9870440922/ 9319677794

011 48006677

9082810221/ 7977299310

7742554277

9718057916

8100300400

8448070071

9930812721

9911442626

9977213599

7742554277

8889246468

8448448919

6901955056

7206941195

7603093714

9289599901

9820568915/ 9757262866

7206941195

9326962521

7603093714

7796868686

9820568915/ 9757262866

9011854340

7676876877/ 9324330146

7742554277

9582808296

033 40593800

9928762810

9911442626

8100300400

9830513015

9911442626

8100300400

8860017983

7678011850

7796868686

9009008977

9326962521

8448448919

6901955056

7796868686

9011854340

7796868686

7731007722

7678011850

9700000038

7796868686

7742554277

9009008977

9810748920

7796868686

7737304442

9353619482/ 7483378296

8076270344

8090070073

• • Accounting Process
  • Bank Reconciliation Statement
  • Inventories
  • Concept and Accounting of Depreciation

• • Preparation of Final Accounts of Sole Proprietors
  • Partnership Accounts
  • Financial Statements of Not-for-Profit Organizations

• • Sentence Types, Active-Passive Voice and Direct-Indirect Speech
  • Vocabulary

• • Comprehension Passages
  • Note Making

• • Introduction to Basics of Writing
  • Précis Writing
  • Article Writing
  • Report Writing
  • Formal Letters and Official Communication
  • Writing Formal Mails
  • Resume Writing
  • Meetings

• • Ratio and Proportion, Indices and Logarithms
  • Equations
  • Linear Inequalities

• • Basic Concepts of Permutations and Combinations
  • Sequence and Series – Arithmetic and Geometric Progressions
  • Sets, Functions and Relations
  • Basic Concepts of Differential and Integral Calculus

• • Number Series, Coding and Decoding and Odd Man Out
  • Direction Tests
  • Seating Arrangements

• • Blood Relations

• • Statistical Description of Data
  • Measures of Central Tendency and Dispersion

• • Probability
  • Theoretical Distributions

• • Theory of Demand and Supply
  • Theory of Production and Cost

Subject

(Each of 100 Marks – 3 Hours)

• • Introduction to Accounting Standards
  • Framework for Preparation and Presentation of Financial Statements
  • Overview of Accounting Standards

• • Financial Statements of Companies
  • Profit or Loss Pre and Post Incorporation
  • Accounting for Bonus Issue and Right Issue
  • Redemption of Preference Shares
  • Redemption of Debentures

• • Investment Accounts
  • Insurance Claims for Loss of Stock and Loss of Profit
  • Hire Purchase and Instalment Sale Transactions

• • Departmental Accounts
  • Accounting for Branches including Foreign Branches
  • Accounts from Incomplete Records

• • 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

• • Declaration and Payment of Dividend
  • Accounts of Companies
  • Audit and Auditors

• • Introduction to Cost and Management Accounting
  • Cost Sheet

• • Material Cost
  • Employee Cost
  • Overheads: Absorption Costing Method
  • Activity Based Costing
  • Cost Accounting System

• • Unit and Batch Costing
  • Job Costing and Contract Costing
  • Process and Operation Costing
  • Joint Products and By Products
  • Service Costing

• • Standard Costing
  • Marginal Costing
  • Budget and Budgetary Control

• • Basic Concepts
  • Residence and Scope of Total Income

• • Incomes which do not form part of Total Income
  • Heads of Income

• • Income of Other Persons included in Assessee’s Total Income
  • Aggregation of Income; Set-off and Carry Forward of Losses
  • Deductions from Gross Total Income

• • Advance Tax, Tax Deduction at Source and Introduction to Tax Collection at Source
  • Provisions for Filing Return of Income and Self-assessment

• • Supply under GST
  • Charge of GST
  • Exemptions from GST
  • Time and Value of Supply
  • Input Tax Credit

• • Registration
  • Tax Invoice: Credit and Debit Notes; E-way Bill
  • Payment of Tax
  • Returns

• • Partnership Accounts
  • Consolidated Financial Statements

• • Accounting for Employee Stock Option Plans
  • Buyback of Securities and Equity Shares with Differential Rights
  • Amalgamation of Companies
  • Internal Reconstruction
  • Liquidation of Companies

• • Banking Companies
  • Non-Banking Financial Companies

• • Nature, Objective and Scope of Audit
  • Audit Strategy, Audit Planning and Audit Programme
  • Audit Sampling
  • Analytical Procedures

• • Risk Assessment and Internal Control
  • Audit in an Automated Environment

• • Fraud and Responsibilities of the Auditor in this Regard
  • The Company Audit

• • Audit Report

• • Audit of Items of Financial Statements

• • Audit of Banks
  • Audit of Different Types of Entities

• • Scope and Objectives of Financial Management
  • Financial Analysis and Planning – Ratio Analysis

• • Types of Financing
  • Cost of Capital
  • Financing Decisions – Capital Structure
  • Financing Decisions – Leverages

• • Investment Decisions
  • Risk Analysis in Capital Budgeting
  • Dividend Decisions

Subject

(Each of 100 Marks – 3 Hours)

• • Conceptual Framework for Financial Reporting under Indian Accounting Standards
  • Ind AS on Presentation of General Purpose Financial Statements (Ind AS 1, 34, 7)
  • Ind AS on Measurement based on Accounting Policies (Ind AS 8, 10, 113)
  • Ind AS 101: First Time Adoption of Ind AS

• • Ind AS on Assets of the Financial Statements (Ind AS 2, 16, 116, 23, 36, 38, 40, 105)
  • Ind AS 41: Agriculture
  • Ind AS on Liabilities of the Financial Statements (Ind AS 19, 37)

• • Ind AS on Items impacting the Financial Statements (Ind AS 12, 21)
  • · Ind AS on Disclosures in the Financial Statements (Ind AS 24, 33, 108)
  • Other Indian Accounting Standards (Ind AS 20, 102)

• • Business Combination and Corporate Restructuring
  • Consolidated and Separate Financial Statements of Group Entities

• • Analysis of Financial Statements
  • Integrated Reporting
  • Corporate Social Responsibility

• • Financial Policy and Corporate Strategy
  • Risk Management

• • Security Analysis
  • Security Valuation
  • Portfolio Management

• • Securitization
  • Mutual Funds
  • Derivatives Analysis and Valuation

• • Foreign Exchange Exposure and Risk Management
  • International Financial Management
  • Interest Rate Risk Management

• • Corporate Valuation
  • Mergers, Acquisitions and Corporate Restructuring

• • Auditing Standards, Statements and Guidance Notes – An Overview
  • Audit Planning, Strategy and Execution
  • Risk Assessment and Internal Control
  • Special Aspects of Auditing in an Automated Environment
  • Audit Reports

• • Company Audit
  • Audit Committee and Corporate Governance
  • Audit of Consolidated Financial Statements
  • Liabilities of Auditor

• • Audit of Banks
  • Audit of Insurance Company
  • Audit of Non-Banking Financial Companies
  • Audit under Fiscal Laws

• • Audit of Public Sector Undertakings
  • Internal Audit, Management and Operational Audit
  • Due Diligence, Investigation and Forensic Audit
  • Peer Review and Quality Review

• • Appointment and Qualifications of Directors
  • Appointment and Remuneration of Managerial Personnel
  • Meetings of Board and its Powers

• • Inspection, Inquiry and Investigation
  • Compromises, Arrangements and Amalgamations
  • Prevention of Oppression and Mismanagement

• • Winding Up
  • Companies Incorporated Outside India
  • Miscellaneous Provisions
  • Compounding of Offences, Adjudication and Special Courts
  • National Company Law Tribunal and Appellate Tribunal
  • Corporate Secretarial Practice – Drafting of Notices, Resolutions, Minutes and Reports

• • The Securities Contract (Regulation) Act, 1956 (SCRA) and the Securities Contract (Regulation) Rules, 1957
  • The Securities Exchange Board of India Act, 1992 and SEBI (LODR) Regulations, 2015

• • The Foreign Exchange Management Act, 1999 (FEMA)
  • The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

• • Foreign Contribution Regulation Act, 2010
  • The Arbitration and Conciliation Act, 1996

• • Introduction to Strategic Cost Management
  • Modern Business Environment
  • Lean System and Innovation
  • Cost Management Techniques

• • Decision Making
  • Pricing Decision

• • Performance Measurement and Evaluation
  • Divisional Transfer Pricing
  • Strategic Analysis of Operating Income

• • Budgetary Control
  • Standard Costing

• • Introduction to Risk
  • Source and Evaluation of Risks
  • Risk Management
  • Evaluation of Risk Management Strategies
  • Risk Model
  • Credit Risk Measurement and Management
  • Risk associated with Corporate Governance
  • Enterprise Risk Management
  • Operational Risk Management

• • Global Financial Markets
  • Impact of various policies of Financial Markets
  • Capital Market – Primary
  • Capital Market – Secondary
  • Money Market
  • Institutions and Intermediaries
  • Commodity Market
  • Banking as Source of Capital Including NBFCs
  • Mutual Funds
  • Private Equity
  • Investment Banking
  • Credit Rating
  • Treasury Operations
  • Risk Management
  • Credit Derivatives
  • Leasing
  • Factoring

Part B

• • SEBI (ICDR) Regulations, 2018
  • SEBI (LODR) Regulations, 2015
  • SEBI (Prohibition of Insider Trading) Regulations, 2015
  • SEBI (Buy Back of Securities) Regulations, 2018
  • SEBI (Mutual Funds) Regulations, 1996

• • Transfer Pricing
  • Non-resident Taxation
  • Double Taxation Relief
  • Advance Rulings
  • An Overview of the Black Money and the Imposition of Tax Law
  • Taxation of E-Commerce Transactions
  • Tax Treaties: Overview, Features, Application and Interpretation
  • Anti Avoidance Measures
  • Overview of Model Tax Conventions

• • The Competition Act, 2002
  • The Real Estate (Regulation & Development) Act, 2016
  • The Insolvency and Bankruptcy Code, 2016
  • The Prevention of Money Laundering Act, 2002
  • The Foreign Exchange Management Act, 1999
  • Prohibition of Benami Property Transactions Act, 1988
  • The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI)

• • Conceptual Framework for Financial Reporting as per IFRS
  • Application of International Financial Reporting Standards
  • Significant Differences Between IFRS and US GAAPs

• • Financial Accounting and Reporting
  • Auditing and Assurance
  • Taxation
  • Finance and Financial Management
  • Management Accounting
  • Corporate Laws
  • Business Strategy and Management

• • Basis Concepts
  • Residence and Scope of Total Income
  • Income which do not form part of Total Income
  • Salaries
  • Income from House Property
  • Profit and Gains of Business or Profession
  • Capital Gains
  • Income from Other Sources
  • Income of Other Persons included in Assessee’s Total Income
  • Aggregation of Income, Set-off and Carry Forward of Losses
  • Deductions from Gross Total Income
  • Assessment of Various Entities

• • Charitable or Religious Trusts and Institutions, Political Parties and Electoral Trusts

• • Tax Planning, Tax Avoidance and Tax Evasion

• • Deduction, Collection and Recovery of Tax

• • Income-tax Authorities
  • Assessment Procedure
  • Appeals and Revision
  • Dispute Resolution
  • Penalties
  • Offences and Prosecution

• • Liability in Special Cases
  • Miscellaneous Provisions

• • Transfer Pricing and Other Provisions to check Avoidance of Tax
  • Non Resident taxation
  • Double Taxation Relief
  • Advance Rulings
  • Equalization levy

• • Application and Interpretation of Tax Treaties
  • Fundamentals of Base Erosion and Profit Shifting
  • Overview of Model Tax Conventions

• • GST in India – An Introduction
  • Supply in GST
  • Charge of GST
  • Exemptions from GST
  • Place of supply
  • Time of supply
  • Value of supply
  • Input Tax Credit

• • Registration
  • Tax Invoice, Credit and Debit Notes
  • Accounts and Records; E-way Bill
  • Payment of Tax
  • Returns
  • Import and Export under GST
  • Refunds
  • Job work

• • Assessment and Audit
  • Inspection, Search, Seizure and Arrest
  • Miscellaneous Provisions

• • Demand and Recovery
  • Offences and Penalties
  • Appeals and Revisions
  • Advance Ruling

• • Levy of and Exemptions from Customs Duty
  • Types of Duty
  • Classification of Imported and Export Goods
  • Valuation under the Custom Act, 1962

• • Importation, Exportation and Transportation of Goods
  • Warehousing
  • Duty Drawback
  • Refund

Note: Other than the law related to Black Money, this paper’s syllabus matches with the syllabus of Paper 7 – Part II: International Taxation

(30 marks).

Note: More than 50% syllabus matches with the syllabus of Paper 4 – Part II: Economic Laws.

Note: Most of the syllabus matches with Paper 1 – Financial Reporting.