Download Latest and Updated CA Intermediate Study Material

CA Intermediate Study Material - Download Latest and Updated CA Intermediate Study Material

Institute of Chartered Accountant provides CA Intermediate Study Material before examinations. In 2020, ICAI has added one more facility to the students that ICAI is hosting online classes and lectures. Here you can Download ICAI CA Intermediate Study Material PDF for 2020. 

This year there are few changes in the CA inter syllabus. In taxation subjects, a new list of amendments related to chapters also issued. The course of CA intermediate is very lengthy, and it is one of the toughest exams in the entire CA Course. If you want to crack this exam, then you have to be focused on your studies. Make a study plan before starting studying its help you to complete the syllabus on time and have enough time for revision. 

The candidates who need more information about the new study material of CA Intermediate can contact the VSI Jaipur or you can visit the branch of Vidya Sagar Career Institute (VSI). 

In this article, we have provided the CA Intermediate Study Material and some tips for CA Intermediate Course. Read below-

ICAI CA Intermediate Study Material for Group 1

There are 8 Paper and two groups in CA Intermediate Course. Let’s start with the Study material of CA Intermediate of Group 1:

There are four paper in Group 1:-

Paper 1- Accounting

Paper 2- Corporate Laws and Other Laws

Paper 3- Cost and Management Accounting

Paper 4- Taxation

Paper 1- Accounting

In Accounting, there are 3 modules and 15 chapters. The Objective of Intermediate Paper-1 is to solve the problem in the Business Entity. Accounting subjects include sole proprietorship, partnership, and company. Following Topics covered in Accounting subjects are: 


Chapter 1: Introduction to Accounting Standards

Chapter 2: Framework for Preparation and Presentation of Financial Statements

Chapter 3: Overview of Accounting Standards

Unit 1: Applicability of Accounting Standards

Unit 2: Overview of Accounting Standards


Chapter 4: Financial Statements of Companies

Unit 1: Preparation of Financial Statements

Unit 2: Cash Flow Statement


Chapter 5: Profit or Loss Pre and Post Incorporation

Chapter 6: Accounting for Bonus Issue and Right Issue

Chapter 7: Redemption of Preference Shares

Chapter 8: Redemption of Debentures


Chapter 9: Investment Accounts

Chapter 10: Insurance Claims for Loss of Stock and Loss of Profit

Chapter 11: Hire Purchase and Instalment Sale Transactions

Chapter 12: Departmental Accounts

Chapter 13: Accounting for Branches Including Foreign Branches

Chapter 14: Accounts from Incomplete Records

Chapter 15: Partnership Accounts

Unit 1: Dissolution of Partnership Firms

Unit 2: Amalgamation, Conversion 

Paper 2- Corporate and Other Laws

There are two-part to Corporate and Other Laws. Company Law (Part-1) covers 60 marks, and Other Laws (Part-2) covers 40 marks. The purpose of the Paper-2 is that Candidates should know all the Company laws and other laws of the Indian Contract Act. Following topics covered under the Companies Act are: 

Part I: Company Law

Chapter 1: Preliminary

Chapter 2: Incorporation of Company and Matters Incidental Thereto

Chapter 3: Prospectus and Allotment of Securities

Chapter 4: Share Capital and Debentures

Chapter 5: Acceptance of Deposits by Companies

Chapter 6: Registration of Charges

Chapter 7: Management & Administration

Chapter 8: Declaration and Payment of Dividend

Chapter 9: Accounts of Companies

Chapter 10: Audit and Auditors

Part II: Other Laws

Chapter 1: The Indian Contract Act, 1872

Unit 1: Contract of Indemnity and Guarantee

Unit 2: Bailment and Pledge

Unit 3: Agency

Chapter 2: The Negotiable Instruments Act, 1881

Chapter 3: The General Clauses Act, 1897

Chapter 4: Interpretation of Statutes, Deeds, and Documents


There are two modules in Cost and management accounting. Costing is a favorite subject for Candidates, and Costing is a practical subject before solving practical questions your concepts should be strong. Following topics covered by Cost and Management Accounting are:


Chapter 1: Introduction to Cost and Management Accounting

Chapter 2: Material Cost

Chapter 3: Employee Cost and Direct Expenses

Chapter 4: Overheads: Absorption Costing Method

Chapter 5: Activity-Based Costing

Chapter 6: Cost Sheet

Chapter 7: Cost Accounting System


Chapter 8: Unit & Batch Costing

Chapter 9: Job Costing and Contract Costing

Chapter 10: Process & Operation Costing

Chapter 11: Joint Products & By-Products

Chapter 12: Service Costing

Chapter 13: Standard Costing

Chapter 14: Marginal Costing

Chapter 15: Budget and Budgetary Control

Paper- 4 Taxation

In Taxation subjects, there are two sections A and B, Section A is Income Tax laws and Section B is Indirect Tax.  IT(Indirect Tax)

covers 40 Marks and Indirect tax laws cover 60 Marks. Below is the CA Intermediate Study Material for May 2020 examinations.In this Subject, you will be going to study practical and theory subjects. Following topics are cover under Taxation are:-

Sec-A: Income-tax Law


Chapter 1: Basic Concepts

Chapter 2: Residence and Scope of Total Income

Chapter 3: Incomes that do not form part of Total Income


Chapter 4: Heads of Income

Unit 1: Salaries

Unit 2: Income from House Property

Unit 3: Profits and Gains of Business or Profession

Unit 4: Capital Gains

Unit 5: Income from Other Sources


Chapter 5: Income of Other Persons included in Assessee’s Total Income

Chapter 6: Aggregation of Income, Set-off and Carry Forward of Losses

Chapter 7: Deductions from Gross Total Income

Chapter 8: Computation of Total Income and Tax Payable

Chapter 9: Advance Tax, Tax Deduction at Source and Introduction to Tax Collection at Source

Chapter 10: Provisions for filing Return of Income and Self-assessment

Sec-B: Indirect Taxes


Chapter 1: GST in India – An Introduction

Chapter 2: Supply under GST

Chapter 3: Charge of GST

Chapter 4: Exemptions from GST

Chapter 5: Time and Value of Supply

Unit I: Time of Supply

Unit II: Value of Supply


Chapter 6: Input Tax Credit

Chapter 7: Registration

Chapter 8: Tax Invoice: Credit and Debit Notes; E-way Bill

Chapter 9: Payment of Tax

Chapter 10: Returns

The above syllabus is all about Group 1 of the CA Intermediate Study Material for May 2020. 

ICAI CA Intermediate Study Material for Group 2

There are four paper in Group 2:

Paper 5- Advanced Accounting

Paper 6- Auditing and Assurance

Paper 7- Enterprise Information Systems and Strategic Management Study Material

Paper 8-  Financial Management and Economics for Finance

Paper 5- Advanced Accounting

In Advanced Accounting, there are 3 Modules and it will help the candidates for easy handling and convinces for the students.  Following topics are covered under Advanced Accounting are:-


Chapter 1: Application of Accounting Standards

Chapter 2: Application of Guidance Notes


Chapter 3: Accounting for Employee Stock Option Plans

Chapter 4: Buy-Back of Securities and Equity Shares with Differential Rights

Chapter 5: Underwriting of Shares and Debentures

Chapter 6: Amalgamation of Companies

Chapter 7: Accounting for Reconstruction of Companies

Chapter 8: Accounting for Liquidation of Companies

Chapter 9: Insurance Companies

Unit 1: Introduction to Insurance Business

Unit 2: Accounting Technique of General Insurance Business

Unit 3: Financial Statements of Insurance Companies

Appendix: Schedule-III to The Companies Act, 2013


Chapter 10: Banking Companies

Unit 1: Some Relevant Provisions of The Banking Regulations Act, 1949

Unit 2: Books of Accounts, Returns and Forms of Financial Statements

Unit 3: Capital Adequacy Norms

Unit 4: Income Recognition, Classification of Assets and Provisions

Unit 5: Some Special Transactions of Banks

Unit 6: Preparation of Financial Statements of Banks


Chapter 11: Non-Banking Financial Companies

Chapter 12: Mutual Funds

Chapter 13: Valuation of Goodwill

Chapter 14: Consolidated Financial Statements

Accounting Pronouncements

Part I: Accounting Standards

Part II: Guidance Notes

Paper 6- Auditing and Assurance

In Auditing and Assurance, there are two modules. Auditing is the most practical oriented subject in CA Course. Candidates learn the procedure of Auditing and techniques of Auditing. Auditing is a practical subject, and it wanna helps the students in Articleship Training

Following topics covered under Auditing and Assurance are:-

Module 1

Chapter 1: Nature, Objective and Scope of Audit

Chapter 2: Audit Strategy, Audit Planning, and Audit Programme

Chapter 3: Audit Documentation and Audit Evidence

Chapter 4: Risk Assessment and Internal Control

Chapter 5: Fraud and Responsibilities of the Auditor in this Regard

Chapter 6: Audit in an Automated Environment

Chapter 7: Audit Sampling

Chapter 8: Analytical Procedures

Module 2

Chapter 9: Audit of Items of Financial Statements

Chapter 10: The Company Audit

Chapter 11: Audit Report

Chapter 12: Audit of Banks

Chapter 13: Audit of Different Types of Entities

Auditing Pronouncements


Part I: Auditing and Assurance Standards

General Principles and Responsibilities SA 200 – 299

Risk Assessment and Response to Assessed Risk SA 300 – 499

Audit Evidence SA 500 – 599


Using Work of Others SA 600 – 699

Audit Conclusions and Reporting SA 700 – 799

Part II: Statements

Part III: Guidance Notes

Paper 7- Enterprise Information Systems and Strategic Management Study

There are five chapters in paper 7(A) and eight chapters in paper 7(B) of Enterprise Information Systems and Strategic Management. Paper 7 is a theory subject and among CA courses, this paper is one of the toughest theory papers. Most of the candidates could not clear this exam, so we recommended preparing well for this exam. Following is the Paper 7 CA Intermediate Study Material:-


Topics are covered under Enterprise Information systems are:

Chapter 1: Automated Business Processes

Chapter 2: Financial and Accounting Systems

Chapter 3: Information Systems and its Components

Chapter 4: E-Commerce, M-Commerce and Emerging Technologies

Chapter 5: Core Banking Systems


Topics are covered under Strategic Management

Chapter 1: Introduction to Strategic Management

Chapter 2: Dynamics of Competitive Strategy

Chapter 3: Strategic Management Process

Chapter 4: Corporate-Level Strategies

Chapter 5: Business-Level Strategies

Chapter 6: Functional Level Strategies

Chapter 7: Organisation and Strategic Leadership

Chapter 8: Strategy Implementation and Control

Paper 8-  Financial Management and Economics for Finance

Financial Management is a subject where you are studying  Financial Management, and this subject helps you in making decision Making. 


Chapter 1: Scope and Objectives of Financial Management

Chapter 2: Types of Financing

Chapter 3: Financial Analysis and Planning – Ratio Analysis

Chapter 4: Cost of Capital

Chapter 5: Financing Decisions – Capital Structure

Chapter 6: Financing Decisions – Leverages

Appendix – Financial Tables


Chapter 7: Investment Decisions

Chapter 8: Risk Analysis in Capital Budgeting

Chapter 9: Lease Financing

Chapter 10: Dividend Decisions

Chapter 11: Management of Working Capital

Unit I: Introduction to Working Capital Management

Unit II: Treasury and Cash Management

Unit III: Management of Inventory

Unit IV: Management of Receivables

Unit V: Management of Payables (Creditors)

Unit VI: Financing of Working Capital

Appendix – Financial Tables

This is all about the Group 2 of CA Intermediate Study Material. 

CA Intermediate Study Tips

The following are study tips for CA Intermediate Course:-

  1. Make your Study Plan: Before studying make plans, it will help you complete the Syllabus on time. Remember making a plan is very easy, but it is challenging to apply. Your Plan should be excellent and effective, and it is according to your capacity. So if you are serious about your exam, make a plan and execute it.

  2. Stay away from the Internet, Television, and Phone: These devices are the main reason to distract you from the study. Don’t use these devices while studying. Try to avoid it.

  3. Try to complete Syllabus before two months: If you complete the Syllabus before two months, then it will help you a lot in revising chapters again. Don’t jump directly to the model test paper or any practice test book; first, go through again with your Syllabus, and don’t waste much time completing revision.

  4. Solve Mock test or past ICAI CA Intermediate Question Paper: After revision, Solve mock test for CA Intermediate Question Paper is going to help you build up your self-confidence and decrease the stress level at examination time. Solving more and more test papers can improve your time management, and it is the best way to analyze yourself. 

  5. Prepare your notes: The Intermediate course is too long to complete the course in 8 months. So if you complete your Chapter then make notes that are written by yourself is going to help you in before examination study.

  6. Use ICAI Study Material for CA Intermediate:- ICAI has published its CA Intermediate Study Material every year. Do study from the ICAI study material because it is updated, and 90% of questions come from the ICAI study material.

What Next After ICAI CA Intermediate Study Material for 2020

After getting ICAI material CA Inter, without wasting much time in searching for the study material of CA Intermediate, you can start preparing for the CA Inter exam. 

CA Intermediate Course is not easy to clear; you need to study smartly and need some guidance to crack the exam on the first attempt. By studying in the best CA Institute, you can clear the exam in the first attempt. VSI Jaipur is the only CA Institute who has broken the records of ICAI. VSI Jaipur has the best mock test papers, and the good thing about them is they taught students from the ICAI study material of CA Intermediate. 

They complete the course early and give maximum time for revision to the candidates. 

Before the examination, VSI Students prepare for their mock test. It gives them confidence and improves time management in examination time. That is the reason VSI students score All India 1st Rank in CA intermediate exams. Akshat Goyal, VSI Students Score the Highest marks in the history of ICAI in CA Inter, and he secured the All India 1st rank also.

From the above article, we are providing you CA Intermediate Study Material and some tips regarding CA Intermediate Course.  You can share the article with your friends or any CA Aspirants who are looking for CA Intermediate Study material 2020.

We hope the above information will be helpful for you.

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