CA Intermediate 2020 – Exam Date (Out), Application Form, Eligibility, Syllabus

CA Intermediate 2020 – The Institute of Chartered Accountants of India offers Intermediate (Integrated Professional Competence) Course (IPCC) 2020 to candidates who have passed 10+2 and CA Foundation course. After crossing the Intermediate examination, candidates can register for the final course. Intermediate (IPC) Course is comprised of two levels viz. Group I and Group II. It contains six subjects and eight papers of 100 marks each. A candidate must assure that his registration to the course is valid, before applying for the exam. Registration to the Intermediate course is valid for 4 years.

Latest: CA IPCC May 2020 exam date has been announced. Check it below.

CA Intermediate 2020

CA Intermediate is held two times in a year, first in the month of May and then in the month of November. Students who are pursuing the Final year Graduation Course can also register for the Intermediate Course on provisional basis. Schedule for both the months are provided below.

Events	May 2020	November 2020
Application form released	05 Feb 2020	3rd week of Aug 2020
Last date to submit form without late fee	26 Feb 2020	3rd week of Sep 2020
Last date to submit form with late fee	04 Mar 2020	4th week of Sep 2020
Correction window opens	04th week of Mar 2020	3rd – 4th week of Sep 2020
Issue of admit card	May 2020	3rd week of Oct 2020
CA IPCC Group 1 2020 exam date	3, 5, 8, 10 May 2020	To be notified
CA IPCC Group 1I 2020 exam date	12, 14, 16 May 2020	To be notified
Result declaration	04th week of Aug 2020	To be announced

CA IPCC 2020 Exam Schedule Release Notice

CA Intermediate 2020 Syllabus

Following is the new revised syllabus for CA Intermediate 2020. Below given are some important topics covered under intermediate papers.

GROUP I

PAPER 1: Accounting

• Process of Formulation of Accounting Standards including Ind AS (IFRS converged standards) and IFRS’s
• Framework for preparation and presentation of financial statements (as per accounting standards)
• Application of accounting standards
• Company Accounts
• Accounting for Special Tranasactions
• Special Type of Accounting

PAPER – 2: Corporate and Other Laws

• The Companies Act, 2013 – Section 1 to 148
• The Indian Contract Act, 1872
• The Negotiable Instruments Act, 1881
• The General Clauses Act, 1897
• Interpretation of statutes,

PAPER – 3 : Cost and Management Accounting

• Overview of Cost Management Accounting
• Ascertainment of Cost and Cost Accounting System
• Methods of costing
• Cost control and analysis

PAPER 4 : Taxation

• Residential Status and scope of total income
• Income other person’s included in assessee’s total income
• Deductions fromm gross total income
• Concept of Indirect taxes
• Goods and Service Tax (GST) Laws

GROUP II

PAPER 5: Advanced Accounting

• Application of accounting standards
• Special aspects of company accounts
• Reorganization and liquidation of companies
• Consolidated financial statements

PAPER 6: Auditing and Assurance

• Nature object and scope of auditing
• Audit strategy, Audit planning
• Audit Documentation
• Risk Assessment and Internal Control
• Audit Sampling
• Audit Banks
• Audit of different types of entities

PAPER 7: Enterprise Information Systems & Strategic Management

• Automated Business Processes
• Finacial and accounting systems
• Information system and its components
• Introduction to strategic management
• Strategic Management process
• Business level strategies
• Strategy implementation and control

PAPER 8: Financial Management and Economic Finance

• Introduction to financial management function
• Financing decisions
• Cost of capital
• Dividend decisions
• Management of working capitals
• Determination of national income
• Public finance
• International trade

CA Intermediate 2020 Important Books

Following are some important books for CA intemediate course preparation.

Important books	Available at
CA Inter new syllabus guide	Buy here
CA Intermediate Group I	Buy here
CA Intermediate Group II	Buy here
Auditing and Assurance	Buy here
Financial Management	Buy here
Corporate and other laws	Buy here

CA Intermediate 2020 Exam Pattern

Following is the pattern of CA Intermediate examination comprising of eight papers.

• Mode: Offline
• The medium of examination: English and Hindi
• Time: Three hours

Paper 2, 4, 6, and 7 will have both MCQs and descriptive type questions.

• Type of questions: MCQ and descriptive
• Weightage of questions: MCQ carries 30% weightage and rest 70%

Following is the distribution of papers and distribution of marks in each paper.

Papers	Total Marks	Marks distribution
Group I
Paper 1 – Accounting	100	100
Paper 2 – Corporate Laws & Other Laws Part I: Company Laws Part II: Other Laws	100	60 40
Paper 3 – Cost and Management Accounting	100	100
Paper 4 – Taxation Section A: Income Tax Law Section B: Indirect Taxes	100	60 40
Group II
Paper 5 – Advanced Accounting	100	100
Paper 6 – Auditing and Assurance	100	100
Paper 7 –Enterprise Information Systems & Strategic Management Section A: Enterprise Information Systems Section B: Strategic Management	100	50 50
Paper 8 – Financial Management & Economics for Finance Section A: Financial Management Section B: Economics for Finance	100	60 40

CA Intermediate 2020 Exam Centres

CA intermediate shall be held in 209 cities all over India. The Chartered Accountants examinations (CA Intermediate) 2020 will be held in the following cities:

Places of examination centres overseas.

• Abu Dhabi
• Doha
• Dubai
• Kathmandu
• Muscat

CA Intermediate 2020 Eligibility Criteria

Candidates are required to fulfill/satisfy the below given eligibility criteria laid down by the conducting body. Applicants must go through the below given eligibility crteria before applying.

• You can apply for enrolment to any of the Group(s) of the Intermediate Course on passing the Foundation Examination
• An aspirant who has already passed Foundation Examination or Professional Education (Examination-I) or Common Proficiency Test (CPT) shall be eligible for enrolment to Intermediate Course subject to complying with relevant conditions.
• A candidate who has passed Common Proficiency Test and 10+2 examination conducted by an examining body constituted by law in India or an examination recognized by the central government as equivalent thereto may join for Intermediate Course with or without the option of Accounting Technician Course is also eligible to apply for IPCC course
• Those students who are graduates/Post Graduate in the Commerce stream securing aggregate a minimum of 55% of the total marks or candidates other than the commerce stream having secured in aggregate a minimum of 60% of total marks or its equivalent conducted by any recognized University are eligible to apply for CA IPCC 2020 exam.
• Furthermore, candidates who have passed the Intermediate level examination conducted by the Institute of Cost Accounts of India or by The Institute of Company Secretaries of India are exempted from qualifying Common Proficiency Test (CPT) and can register directly to  Intermediate (IPC) Course

CA Intermediate 2020 Registration

Candidates have to register for Intermediate Course under both routes by filling Online Registration Form available on ICAI websitein “Course Registration Forms”

Following documents are to be submitted to concerned Regional Office within 7 days of the date of online registration along with the print out of the online registration form, duly signed by the student.

1. Foundation Route students have to submit attested copy of marksheet of Class 12th or its equivalent
2. Central government recognized examination pass marks statement.
3. Direct Entry Route students have to submit attested copy of Graduation/ Post Graduation
4. Mark statements/mark-sheet of Intermediate level examination of the Institute of Company Secretaries of India or theInstitute of Cost Accountants of India.
5. One recent color photograph (affixed on the printout of the online successful registration form)
6. Attested copy of proof of Nationality, if student is foreigner.
7. Attested copy of proof of special category certificate,i.e, SC/ST, OBC, Differently abled.

Registration fee: Candidates through Foundation Route can opt for registration for Group I or Group II or both Groups of
Intermediate Course while Direct Entry Route applicants have to register for both the groups only. Payment of the fee is to be made as per the table given below.

Registration Options/ Various Charges	Both Groups (`)	Both Groups (US $)	Group I/ II (`)	Group I/ II (US $
Registration Fee	15,000		11,000
Students’ ActivitiesFee	2,000		2,000
Registration Fee as Articled Assistant	1,000
Total	18,000	1,000	13,000	600

Validity of Registration – Registration for Intermediate course is valid for 4 years from the date of initial registration / conversion. Renewal of registration can be done for further period of 4 years by paying Rs. 400/- to concerned Regional office. Students should have valid registration before applying for Intermediate Examination.

CA Intermediate 2020 Application Form

Candidates filling the online application form must ensure to fill the correct application before applying. Following are the details regarding application form.

Documents to keeo ready before filling the online application form.

• Copy of registration letter of group(s)
• Scanned copy of the Certificate of Service (wherever applicable)
• Master/Visa/Maestro Credit/Debit Card/Rupay/BHIM UPI for making an online payment,

Application form fee:

Test Centres	Application Fee
For Indian Centers
Single Group / Unit 1 to 10 (except Unit 9) / Unit 4A to 7A	Rs. 1500
Both Groups / Unit 9 / Unit 8A / Unit 9A	Rs. 2700
For Overseas Centre(s) – Excluding Kathmandu Centre
Single Group / Unit 1 to 10 (except Unit 9) / Unit 4A to 7A	US$ 325
Both Groups / Unit 9 / Unit 8A / Unit 9A	US$ 500
For Kathmandu Centre
Single Group / Unit 1 to 10 (except Unit 9) / Unit 4A to 7A	Rs. 2200
Both Groups / Unit 9 / Unit 8A / Unit 9A	Rs. 3400

Mode of applictaion fee payment: Candidates can pay the application form fee through

• VISA or MASTER or MAESTRO Credit / Debit Card / Rupay Card / Net Banking / Bhim UPI.

Steps to apply online.

• Visit the official website.
• Provided details are to be checked for authentication.
• If the details are entered correctly candidate needs to click on” Save and Preview”.
• In case of an error click “Back to form”, edit the form
•  Click on “Final Submit”
• The next step is to pay the fee, click on Make Fee Payment to pay the online application fee.
• After completion of all the above steps, download the duly filled application fee

CA Intermediate 2020 Admit Card

Admit cards of all the candidates will be published on icaiexam.icai.org generally 14 days before the start of the examination. Candidates may print their admit card from the website, No physical admit card will be sent to any candidate. For downloading and printing of the admit cards, candidates will have to log-in with their login credentials such as login id and password and print the admit card from their dashboard.

The admit card of CA Intermediate will have details like personal details, reporting time, address of the venue/test centers, etc. It is important to carry the admit card with identity proof on the day of examination.

CA Intermediate 2020 Result

Result for CA Intermediate 2020, shall be published online on the official website. To check the result, candidates can log in using their registration number/PIN and roll number. Along with the result, a merit list is also prepared and published online. To check the merit list test takers are required to enter their registration number or roll number.

If a student qualifies the Intermediate exam with 70% total of all papers, he/she will be considered passed with distinction. The CA Intermediate result along with merit list comprises of details of those candidates who secured a minimum of 55% and above marks and up to the maximum of 50th Rank on all India basis.

Rank certificate/ Merit list:

A candidate who fulfills all the following criteria is issued a rank certificate, indicating the rank secured by him/her:

• He should have passed examination in one sitting;
• He should not have availed of any exemption in any paper and
• He should have secured a minimum of 55 percent marks in aggregate
• Rank certificates are issued up to 50th rank, on All-India basis.

Requirements for passing CA Intermediate 2020

• A candidate may appear in Group I or Group II level(s), separately or simultaneously or in a Unit comprising of a set of papers of Group I and / or GroupII.
• A candidate, other than a candidate who has opted for Accounting Technician level, shall ordinarily be declared to have passed the Intermediate Examination if he passes in both Group I and Group II levels.
• A candidate shall be declared to have passed in Group I level or Group II level or unit, as the case may be, if he secures at one sitting a minimum of 40 percent marks in each paper of the group/unit and a minimum of 50 percent marks in the aggregate of all the papers of that group/unit.
• A candidate who passes at one sitting, the Intermediate examination, with seventy percent of the total marks for all the papers for that examination shall be considered to have passed the examination with distinction.

About ICAI

The Institute of Chartered Accountants of India (ICAI) is the premier professional accountancy body of the country, established in July 1949 under the Chartered Accountants Act, 1949, enacted by the Parliament to regulate the profession of Chartered Accountancy in India. The Institute has its headquarters in New Delhi. Besides, it has five Regional Councils located in Mumbai, Chennai, Kolkata, Kanpur, and New Delhi and 152 branches scattered all over the country. It holds qualifying examinations for its registered students and rewards membership to victorious candidates and certificates of practice to members planning to practice the profession.

ICAI