CA Intermediate Free PDF Notes for May 2026, Subjects-wise Revision

CA Intermediate PDF Notes May 2026 provide simplified concepts, updated syllabus coverage, and structured study material ideal for self-study, revision, and exam preparation.

The Institute of Chartered Accountants of India (ICAI) administers the CA Intermediate exam, which is the second level of the chartered accounting degree.Strengthening the knowledge base and fully comprehending the courses covered in the CA intermediate syllabus is essential for successful exam preparation. The purpose of the CA Intermediate notes is to help students get ready for the Intermediate level of the Chartered Accountancy (CA) course.

In this article, we provide an easy-to-understand overview of the CA Intermediate syllabus, study tips, and the most important key strategies that will lead you toward success. If you are waiting for this step, then you are on the right platform. These tips and notes will be like a key to success in the CA Intermediate exam.

Importance of CA Intermediate Notes May 2026

CA intermediate notes cover all major topics of the CA intermediate syllabus and aim to enhance knowledge on related subjects. The notes are concise to facilitate a deeper conceptual understanding of the topics among students. Apart from the standard study textbooks, the notes can assist candidates with knowledge and information on related topics.

CA Intermediate notes are available in printed and electronic forms from different sources, such as publishers, online learning websites, and coaching centers. These notes are to be referred to by the students as part of their study schedules since they act as a comprehensive source of information and assist in effective exam preparation.

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CA Intermediate Notes Syllabus for May 2026 Session

Before referring to CA intermediate exam notes, the students must obtain a clear view of the CA Intermediate 2026 syllabus, which contains various subjects. The candidates are required to learn each subject systematically while preparing for the exam.

Understanding the CA intermediate syllabus can assist candidates in making proper use of the study notes. The CA intermediate exam syllabus is provided in the following table.

CA Intermediate Syllabus May 2026
Groups Papers Details Download
Group 1 Paper-1 Advanced Accounting Click Here to download
  Paper-2 Corporate and Other Laws Click Here to download
  Paper-3 Taxation Click Here to download
Group 2 Paper-4 Cost and Management Accounting Click Here to download
  Paper-5 Auditing and Ethics Click Here to download
  Paper-6 Financial Management and Strategic Management Click Here to download

Download the Chapter-wise CA Intermediate Notes for May 2026

Use our thorough chapter-by-chapter notes for May 2026 to improve your CA Intermediate preparation. Get quick study guides, practice problems, and examples by downloading now to ace your tests.

Paper 1: Advance Accounting Notes 

Our extensive notes on advanced accounting cover important subjects including consolidated financial statements, accounting rules, and special transactions. Establish a solid basis and do well on your CA Intermediate tests.

Chapter Name Details Download Link
Chapter-1 Introduction to Accounting Standards Download
Chapter-2 Framework for Preparation and Presentation of Financial Statements Download
Chapter 3 (Overview of Accounting Standards) Units 1, 2 Applicability of Accounting Standards
Overview of Accounting Standards
Download
Download
Chapter 4 (Financial Statements of Companies) Unit- 1, 2 Preparation of Financial Statements
Cash Flow Statement
Download
Download
Chapter-5 Profit or Loss Pre and Post-Incorporation Download
Chapter-6 Accounting for Bonus Issue and Right Issue Download
Chapter-7 Redemption of Preference Shares Download
Chapter-8 Redemption of Debentures Download
Chapter-9 Investment Accounts Download
Chapter-10 Insurance Claims for Loss of Stock and Loss of Profit Download
Chapter-11 Hire Purchase and Installation Sale Transactions Download
Chapter-12 Departmental Accounts Download
Chapter-13 Accounting for Branches, Including Foreign Branches Download
Chapter-14 Accounts from Incomplete Records Download

Paper 2: Corporate and Other Law Notes 

This subject has two halves for which individual notes exist.

Part 1. (company law) notes: Address the issue of sharing acquaintance with the corporate law provisions and ability to solve practical problems.
Part 2. (other laws) notes: Are drawn to share acquaintance with the specifications of some laws and offer guidelines regarding solutions to application-based problems.

Part-I Chapter-1 Preliminary Download
  Chapter-2 Incorporation of Company and Matters Incidental Thereto Download
  Chapter-3 Prospectus and Allotment of Securities Download
  Chapter-4 Share Capital and Debentures Download
  Chapter-5 Acceptance of De posits by Companies Download
  Chapter-6 Registration of Charges Download
  Chapter-7 Management & Administration Download
  Chapter-8 Declaration and Payment of Dividend Download
  Chapter-9 Accounts of Companies Download
  Chapter-10 Audit and Auditors Download
Part-II Chapter-1
Units: 1, 2, 3
Contract of Indemnity and Guarantee
Bailment and Pledge
Agency
Download
Download
Download
  Chapter-2 The Negotiable Instruments Act, 1881 Download
  Chapter-3 The General Clauses Act, 1897 Download
  Chapter-4 Interpretation of Statutes Download

Paper 3: Taxation Notes 

CA Intermediate study notes on taxation explain the income tax and GST law provisions to enhance students' knowledge. It assists them in acquiring skills to use that information in computation and resolve application-related issues as requested in the CA intermediate exam.

Income-tax Law
Chapter-1 Basic Concepts Download
Chapter-2 Residence and Scope of Total Income Download
Chapter-3 Incomes which do not form part of Total Income Download
Chapter-4(Heads of Income) Unit: 1, 2, 3, 4 and 5 Salaries
Income from House Property
Profits and Gains of Business or Profession
Capital Gains
Income from Other Sources
Download
Download
Download
Download
Download
Chapter-5 Income of Other Persons included in Assessees Total Income Download
Chapter-6 Aggregation of Income, Set-off and Carry Forward of Losses Download
Chapter-7 Deductions from Gross Total Income Download
Chapter-8 Computation of Total Income and Tax Payable Download
Chapter-9 Advance Tax, Tax Deduction at Source and Introduction to Tax Collection at Source Download
Chapter-10 Provisions for filing Return of Income and Self-assessment Download
Indirect Taxes
Chapter-1 GST in India - An Introduction Download
Chapter-2 Supply under GST Download
Chapter-3 Charge of GST Download
Chapter-4 Exemptions from GST Download
Chapter 5 (Time and Value of Supply) Unit: 1, 2 Time of Supply
Value of Supply
Download
Download
Chapter-6 Input Tax Credit Download
Chapter-7 Registration Download
Chapter-8 Tax Invoice: Credit and Debit Notes; E-way Bill Download
Chapter-9 Payment of Tax Download
Chapter-10 Returns Download

Paper 4: Cost & Management Accounting Notes

The CA Intermediate notes on Cost and Management Accounting are highly relevant to the CA exam since they provide a basic understanding of how to calculate the cost and implement the principles in the manufacturing scenario of goods pricing and the provision of services.
It provides acquaintance with cost accounting statements. Careful adherence to the notes will enable candidates to acquire the skills required for cost estimation, planning, control, and decision-making.

Chapter-1 Introduction to Cost and Management Accounting Download
Chapter-2 Material Cost Download
Chapter-3 Employee Cost Download
Chapter-4 Overheads: Absorption Costing Method Download
Chapter-5 Activity Based Costing Download
Chapter-6 Cost Sheet Download
Chapter-7 Cost Accounting System Download
Chapter-8 Unit & Batch Costing Download
Chapter-9 Job Costing and Contract Costing Download
Chapter-10 Process & Operation Costing Download
Chapter-11 Joint Products & By-Products Download
Chapter-12 Service Costing Download
Chapter-13 Standard Costing Download
Chapter-14 Marginal Costing Download
Chapter-15 Budget and Budgetary Control Download

Paper 5: Auditing and Ethics Notes 

These notes effectively provide comprehensive knowledge on auditing concepts, methods, and techniques, helping you master the subject and excel in your CA exams.

Chapter-1 Nature, Objective and Scope of Audit Download
Chapter-2 Audit Strategy, Audit Planning and Audit Programme Download
Chapter-3 Audit Documentation and Audit Evidence Download
Chapter-4 Risk Assessment and Internal Control Download
Chapter-5 Fraud and Responsibilities of the Auditor in this Regard Download
Chapter-6 Audit in an Automated Environment Download
Chapter-7 Audit Sampling Download
Chapter-8 Analytical Procedures Download
Chapter-9 Audit of Items of Financial Statements Download
Chapter-10 The Company Audit Download
Chapter-11 Audit Report Download
Chapter-12 Audit of Banks Download
Chapter-13 Audit of Different Types of Entities Download

Paper 6: Financial Management and Strategic Management Notes 

Section A (Financial Management): Notes on this topic are to be referred to refresh knowledge of several topics under financial management and build the ability to apply that knowledge to problem-solving, analysis, and decision-making.

Section-A: Financial Management
Chapter-1 Scope and Objectives of Financial Management Download
Chapter-2 Types of Financing Download
Chapter-3 Financial Analysis and Planning: Ratio Analysis Download
Chapter-4 Cost of Capital Download
Chapter-5 Financing Decisions: Capital Structure Download
Chapter-6 Financing Decisions: Leverages Download
Chapter-7 Investment Decisions Download
Chapter-8 Risk Analysis in Capital Budgeting Download
Chapter-9 Dividend Decisions Download
Chapter-10 (Management of Working Capital) Unit: 1, 2, 3, 4, and 6 Introduction to Working Capital Management
Treasury and Cash Management
Management of Inventory
Management of Receivables
Management of Payables (Creditors)
Financing of Working Capital
Download
Download
Download
Download
Download
Download
Section-B: Economics for Finance
Chapter-1 (Determination of National Income) Unit 1,2. National Income Accounting
The Keynesian Theory of Determination of National Income
Download
Download
Chapter-2 (Public Finance) Unit: 1,2 Fiscal Functions: An Overview
Market Failure
Government Interventions to Correct Market Failure
Fiscal Policy
Download
Download
Download
Download
Chapter 3 (Money Market) The Concept of Money Demand : Important Theories
The Concept of Money Supply
Monetary Policy
Download
Download
Download
Chapter 4 (International Trade) Theories of International Trade
The Instruments of Trade Policy
Trade Negotiations
Exchange Rate and Its Economic Effects
International Capital Movements
Download
Download
Download
Download
Download

Section B: Strategic Management: The notes are useful for comprehending the concepts and techniques of strategic management and the business application skills required for its successful implementation.

Enterprise Information Systems
Chapter-1 Automated Business Processes Download
Chapter-2 Financial and Accounting Systems Download
Chapter-3 Information Systems and its Components Download
Chapter-4 E-Commerce, M-Commerce and Emerging Technologies Download
Chapter-5 Core Banking Systems Download
Strategic Management
Chapter-1 Introduction to Strategic Management Download
Chapter-2 Dynamics of Competitive Strategy Download
Chapter-3 Strategic Management Process Download
Chapter-4 Corporate-Level Strategies Download
Chapter-5 Business-Level Strategies Download
Chapter-6 Functional Level Strategies Download
Chapter-7 Organization and Strategic Leadership Download
Chapter-8 Strategy Implementation and Control Download

How to Download the CA Inter Notes from the ICAI Website 

Downloading CA Inter notes from the ICAI website is an easy process. Follow the step-by-step instructions below to do so:

Step 1: Visit the ICAI Website: Access the official ICAI website at icai.org.
Step 2: Go to the Students Section: Click on the "Students" tab in the top menu bar.
Step 3: Choose Examination: From the dropdown menu, choose "Examination" and then click on "CA Intermediate.”
Step 4: Click on Study Materials: Find the "Study Materials" or "Notes" tab and click on it.
Step 5: Choose the Relevant Paper: Select the paper for which you wish to download the notes (e.g., Paper 1: Accounting).
Step 6: Download the Notes: Click on the download link to save the notes in PDF format.

Following these easy steps, it is quite possible to download the CA Inter notes from the website of ICAI and prepare for your examinations.

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FAQs

Which syllabus do the CA Intermediate Notes May 2026 follow?

CA Intermediate Notes for May 2026 follow the latest ICAI syllabus introduced from September 2024 onwards, including updated Accounting Standards, revised laws, and amended taxation provisions applicable for the May 2026 examination.

When should students start studying CA Intermediate Notes for May 2026?

Students should ideally start studying CA Intermediate Notes at least 8–9 months before the May 2026 exams, allowing sufficient time for concept building, multiple revisions, and mock test practice before the actual examination.

Are digital CA Intermediate Notes useful for May 2026?

Yes, digital CA Intermediate Notes are extremely useful for May 2026 as they allow quick revisions, keyword highlighting, and easy updates whenever ICAI issues amendments, making them ideal for modern exam preparation strategies.

Do CA Intermediate Notes May 2026 include recent amendments?

Quality CA Intermediate Notes for May 2026 include all amendments notified by ICAI up to the relevant cut-off date, especially in subjects like Taxation, Law, and Accounts, which are frequently updated before exams.

Should students rely on coaching notes or ICAI notes for May 2026?

For May 2026, ICAI notes should be treated as the primary source. Coaching notes can be used as a supplementary resource for simplified explanations, exam shortcuts, and a better understanding of complex topics.

How many subjects鈥 notes are required for CA Intermediate May 2026?

CA Intermediate May 2026 requires notes for six subjects, divided into Group I and Group II, including Accounts, Law, Taxation, Costing, Auditing, and Financial Management & Strategic Management.

Do CA Intermediate Notes May 2026 cover case-study questions?

Updated CA Intermediate Notes for May 2026 usually include case-study-based illustrations and practical examples, which are extremely important as ICAI increasingly focuses on analytical and application-based questions.

How often should CA Intermediate Notes be revised before May 2026?

Ideally, students should revise CA Intermediate Notes at least three times before the May 2026 exam—once for understanding, second for consolidation, and third for rapid revision close to the examination dates.

Are summary notes useful along with detailed CA Intermediate Notes?

Yes, summary notes are very helpful for May 2026 as they allow quick last-minute revision, while detailed CA Intermediate Notes should be used for initial learning and deep conceptual understanding.

Should May 2026 students use old CA Intermediate Notes?

Students appearing in May 2026 should avoid outdated notes and use only updated CA Intermediate Notes aligned with the current syllabus, as old notes may contain irrelevant topics or incorrect legal provisions.