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CA Final

21 September 2007

hello, this is shiv om and i want some clarification about the CA final under old and new scheme. As some the subjects are shuffled from one group to the other what will happen if a student clears one group in last attempt under CA final Old in Nov'09 and the same paper will fall in the new scheme which has alreay been cleared by him.

Please tell me the way forward in this situation.

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5 Replies

sumit maheshwari (Job) (68 Points)
Replied 21 September 2007

hello, this is sumit and i want some clarification about the CA final under old and new scheme. As some the subjects are shuffled from one group to the other what will happen if a student clears one group in last attempt under CA final Old in Nov'09 and the same paper will fall in the new scheme which has alreay been cleared by him.

Please tell me the way forward in this situation.
s.maheshwari85 @ gmail.com

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Sridhar Bhadramraju (M.Com. FCA ACMA DISA L.L.B) (2216 Points)
Replied 21 September 2007

Hi everyone,

As per Old Curriculum in Group I

Paper 1: Advanced Accounting
New Paper is Financial Reporting
Change: 80% of syllabus is same. Some new chapters are included.

Paper 2: Management Accounting and Financial Analysis
New Paper is Strategic Financial Management
Change: 70 % of Syllabus is same. In depth study of Capital Markets is included

Paper 3: Advanced Auditing
New Paper is Advanced Auditing and Professional Ethics
Change: 90 % of Syllabus is same. Only a new chapter called “Professional Ethics” is included.

Paper 4: Corporate Laws and Secretarial Practice
New Paper is Corporate and Allied Laws

The Following Acts are included in New Paper
1. Competition Act 2002 included
2. The Banking Regulation Act, 1949,
3. The Insurance Act, 1938
4. The Insurance Regulatory and Development Authority Act, 1999
5. The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
6. The Prevention of Money Laundering Act, 2002

All these chapters are for 30 Marks only. So, we can say that change is 30%

The Following Acts are excluded from Old Paper
1. MRPT Act Excluded
2. The Sick Industrial Companies (Special Provisions) Act, 1985

As per Old Curriculum in Group II

Paper 5: Cost Management
New Paper is Advanced Management Accounting
Change: 90% of the syllabus is same

Paper 6: Management Information and Control Systems
New Paper is Information Systems Control and Audit
Change: 85% of the syllabus is same. Only a chapter called “Audit of Information Systems” is extended in new syllabus.

Paper 7: Direct Taxes
New Paper is Direct Tax Laws
Change: No Change

Paper 8: Indirect Taxes
New Paper is Indirect Tax Laws
Central Excise (40 Marks), Service Tax & VAT (40 Marks), Customs (20 Marks)
Change: Service Tax & VAT is introduced

Overall Change is only 25%
So, there is no question of Shuffling of Papers.
Be happy friends

(Guest)

yaar tab toh bada maja aayega....hahahaha

(Guest)

please help me in advanced accounting imp material

(Guest)

if one takes admn to new course the fees is 10000 n attempt will be may 2010.........n if we reg in old course n converts to new afterwards then rs 1100 has to be paid for study materials..............so which one is better..............pls suggest.............i m confused......the fees in second option is less as compared to first.............just 4600+1100.............???