CA Intermediate Study Material: ICAI Notes, Practice Questions & Mock Tests

In this article, we will provide an overview of the CA Intermediate study material, including the latest edition of ICAI notes, books, and online resources.

CA Intermediate Study Material: Key Features

The CA Intermediate study material is designed to provide students with a complete understanding of the concepts and principles of accounting, auditing, taxation, and financial management. The key features of the study material include:

• The total content of the syllabus
• Easy-to-understand language
• Ample illustrations and examples
• Practice questions and answers
• Revision tests and mock exams

CA Intermediate Syllabus 2025

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Detailed Syllabus and Study Material 

Group 1

1. Accounting

• Topics Covered:

  • Accounting Standards (AS 1, AS 2, AS 10, AS 11, AS 12, etc.)

  • Preparation of financial statements

  • Partnership accounts

  • Accounting for special transactions

  • Company accounts (with amendments as per Companies Act, 2013)

• Key Updates:

  • Emphasis on Ind AS (Indian Accounting Standards) for specific modules.

  • Case studies for practical application.

• Study Tip: Focus on mastering accounting standards and practice numerical questions regularly.

2. Corporate and Other Laws

• Topics Covered:

  • Corporate Laws:

    • The Companies Act, 2013 (Key sections relevant to CA Intermediate)

    • Incorporation, Share Capital, and Debentures

    • Board Meetings and Powers

  • Other Laws:

    • The Indian Contract Act, 1872

    • The Negotiable Instruments Act, 1881

    • The General Clauses Act, 1897

• Key Updates:

  • Recent amendments in the Companies Act, 2013.

  • Practical scenarios to enhance understanding of legal frameworks.

• Study Tip: Divide topics into corporate and other laws, and revise legal provisions with examples.

3. Cost and Management Accounting

• Topics Covered:

  • Material, labor, and overhead costing

  • Costing systems: Job, Batch, Process, and Contract

  • Marginal costing and Break-even analysis

  • Budgetary control and Standard costing

• Key Updates:

  • Focus on real-world application through case studies.

  • Introduction of concepts such as lean costing and activity-based costing.

• Study Tip: Use charts and tables to summarize formulas and costing methods.

4. Taxation

• Topics Covered:

  • Income Tax:

• Basics of Income Tax Act, 1961

• Heads of Income (Salary, House Property, Business & Profession, etc.)

• Deductions and Exemptions

• GST:

• Concepts of Supply, Levy, and Collection of GST

• Input Tax Credit

• GST returns and compliance

• Key Updates:

  • Amendments in income tax slabs and GST provisions.

  • Practical scenarios for GST application.

• Study Tip: Memorize tax rates and exemptions and practice solving tax computation problems.

Group 2

5. Advanced Accounting

• Topics Covered:

  • Advanced Accounting Standards (AS 7, AS 14, AS 19, etc.)

  • Consolidation of financial statements

  • Banking, Electricity, and Insurance company accounts

  • Accounting for corporate restructuring

• Key Updates:

  • Enhanced focus on consolidated financial statements.

  • Practical application of complex accounting scenarios.

• Study Tip: Work on past examination problems to understand consolidation techniques.

6. Auditing and Assurance

• Topics Covered:

  • Basics of auditing

  • Standards on Auditing (SA 200 series, SA 300 series, etc.)

  • Vouching and verification

  • Audit of different entities (Partnership firms, Companies, etc.)

• Key Updates:

  • Addition of forensic auditing principles.

  • Case-based scenarios for auditing practice.

• Study Tip: Learn auditing procedures and standards systematically.

7. Enterprise Information Systems & Strategic Management

• Topics Covered:

  • Enterprise Information Systems (EIS):

• IT infrastructure and systems

• E-commerce and cybersecurity

• Emerging technologies (AI, Blockchain, etc.)

• Strategic Management (SM):

• Business environment and policy formulation

• Strategic analysis and planning

• Competitive strategies

• Key Updates:

  • Inclusion of topics like cloud computing and data analytics.

  • Real-life business scenarios for strategic planning.

• Study Tip: Use flowcharts for EIS topics and SWOT analysis for SM.

8. Financial Management & Economics for Finance

• Topics Covered:

  • Financial Management (FM):

• Ratio analysis, Fund flow, and Cash flow

• Working capital management

• Investment and dividend decisions

• Economics for Finance:

• National income and monetary policy

• International trade and exchange rates

• Key Updates:

  • Practical examples of financial decision-making.

  • Case studies for application of macroeconomic principles.

• Study Tip: Regularly practice numerical problems and relate economic concepts to current financial events.

How to Download the ICAI CA Intermediate Study Material 

The candidates can download the latest ICAI CA Inter Study Material for Jan 2025 with the help of these simple steps that are given below. The CA intermediate study material is available in PDF format. 

• Step 1. Visit the official website of ICAI, i.e., icai.org. 
• Step 2. Click on the New Scheme and Training tab. 
• Step 3. After that, click on the study material.
• Step 4. Select the intermediate course 
• Step 5. Download the CA Intermediate Study Material PDF for each unit. 

How to Download the CA Intermediate Study Material from Studycaller 

• Step 1. Go to the website of studycaller.com
• Step 2. Click on the Notes tab
• Step 3. After that, click on the CA Intermediate Notes under the subject-wise CA Intermediate Study Material. 
• Step 4. Download the CA Intermediate Study Material PDFs.

Steps to order ICAI CA Intermediate Study Material from the CDS Portal 

The Institute of Chartered Accountants of India (ICAI) offers free study material to CA Intermediate students. To access the study material, follow these simple steps:

• Visit the CDS Portal: Log on to the official CDS portal at www.icai-cds.org.
• Login or Create an Account: Fill in the login form with your ICAI registration number and mobile number. If you're a new user, create a login account.
• Select Your Course: Choose the intermediate course from the options provided.
• Add Study Material to Cart: Select the study material you need and add it to your cart. A coupon will be automatically applied, making the study material available free of charge. Please note that coupons are valid for 1 year from the login date.
• Provide Postal Address: Fill in your postal address, and wait for a few days to receive the complete study material.

CA Intermediate Study Material: ICAI Notes and Books

The Institute of Chartered Accountants of India (ICAI) provides comprehensive study material for CA Intermediate students. The study material includes:

• ICAI notes: These notes are prepared by experts and cover all the topics in the syllabus.
• ICAI books: These books are complete and cover all the topics in the syllabus.
• Practice manuals: These manuals provide practice questions and answers to help students prepare for the exams.
• Revision test papers: These papers provide revision tests and answers to help students assess their knowledge and identify areas for improvement.

Is CA Inter Study Material Sufficient?

The study material provided by the Institute of Chartered Accountants of India is complete and sufficient for students to beat in the CA Intermediate exams. However, as students progress to the second level of the CA course, they are introduced to new and unfamiliar subjects, topics, and concepts in commerce. To navigate these challenges, a reliable CA Inter Test Series and guidance from experienced professionals can be invaluable, providing valuable insights, tips, and advice to help students stay on track and achieve success.

CA Intermediate Study Material: Online Resources

In addition to the ICAI CA study material, there are several online resources available to help CA Intermediate students prepare for the exams. Some of these resources include:

• Online coaching classes: These classes provide comprehensive coaching and guidance to help students prepare for the exams.
• Video lectures: These lectures provide comprehensive coverage of all the topics in the syllabus.
• Online practice tests: These tests provide practice questions and answers to help students assess their knowledge and identify areas for improvement.
• Mobile apps: These apps provide comprehensive study material, practice questions, and revision tests to help students prepare for the exams.

CA Intermediate Study Material: Tips and Strategies

The CA Intermediate course is an important aspect of the Chartered Accountancy program, and having the right study material is essential to success. In this article, we will provide tips and strategies to help you make the most of your CA Intermediate study material.

• Understand the Syllabus: Before starting your studies, it's essential to understand the CA Intermediate syllabus. Familiarize yourself with the topics, subtopics, and weightage of each subject. This will help you create a study plan and focus on the most critical areas.
• Create a Study Plan: Create a study plan that covers all the topics in the syllabus. Allocate time for each subject and topic, and set realistic goals. Make sure to include regular breaks and revision sessions to avoid burnout.
• Use ICAI Study Material: The Institute of Chartered Accountants of India (ICAI) provides overall study material for CA Intermediate students. Use this material as your primary source of study, and supplement it with other resources as needed.
• Practice Regularly: Practice is key to success in the CA Intermediate exams. Regularly practice questions, case studies, and mock tests to help reinforce your understanding of the concepts.
• Stay Motivated: Staying motivated is crucial to success in the CA Intermediate exams. Set realistic goals, reward yourself for milestones achieved, and remind yourself why you started the CA Intermediate course in the first place.

Clouser Content

The CA Intermediate study material is an overall resource that covers all the topics in the syllabus. The study material includes ICAI notes, books, practice manuals, and revision test papers. In addition to the ICAI study material, there are several online resources available to help students prepare for the exams. By using these resources and following a well-planned study strategy, students can succeed in the CA Intermediate exams and achieve their goals.