CA Final Group 1

CA Final Group 1 consists of 4 papers that are to be attempted either individually or together with Group 2 (also consisting of 4 papers) depending upon a student’s preference or preparation. CA Final exams are held twice a year, once in the month of May and once in the month of November. The Institute of Chartered Accountants (ICAI) of India is the professional body that holds the examination.


Eligibility Criteria for CA Final Group 1

A candidate wanting to register for the CA Final Group 1 examination must meet the following eligibility criteria:

  • Candidates must have successfully completed the CA Foundation level as well as both groups of CA Intermediate. 
  • Candidates must have successfully completed four weeks of ICITSS before the commencement of practical training. 
  • Candidates must register for CA practical training to apply for the final level and complete the training to appear in the examination.


When and How to apply?

A Candidate is required to register himself for the course CA Final on the official website of The Institute of Chartered Accountants of India (ICAI). For registration, they will have to fill out an application form, upload required documents, and pay a registration fee.

To register for CA Final Group 1:

  • Register on the official website of ICAI - https://www.icai.org/
  • Login with the credentials sent to you
  • Upload requested documents
  • Pay the registration fee


The registration fee for the CA Final exam is Rs.22,000/- (Rupees Twenty Two Thousand Only) per appearance (For Both Groups)


Important Dates for Registration

CA Exam Last Date of Registration
May Term 2024 January 1, 2024
November Term 2024 July 1, 2024


CA Final Group 1: Subjects and Syllabus

CA Final Group 1 consists of 4 papers which are mentioned below along with topics to be covered and their weightage in the exam.

Paper 1: Financial Accounting (100 Marks)

  • Framework for Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards (Ind AS).
  • Application of Indian Accounting Standards (Ind AS) with reference to General Purpose Financial Statements
  • Indian Accounting Standards on Group Accounting
  • Accounting and Reporting of Financial Instruments (as per Ind AS)
  • Analysis of Financial Statements
  • Integrated Reporting
  • Corporate Social Responsibility Reporting


Paper 2: Strategic Financial Management (100 Marks)

  • Financial Policy and Corporate Strategy
  • Risk Management
  • Security Analysis
  • Security Valuation
  • Portfolio Management
  • Securitization
  • Mutual Fund
  • Derivatives Analysis and Valuation
  • Foreign Exchange Exposure and Risk Management
  • International Financial Management
  • Interest Rate Risk Management
  • Corporate Valuation
  • Mergers, Acquisitions, and Corporate Restructuring
  • Startup Finance


Paper 3: Advanced Auditing and Professional Ethics (100 marks)

  • Auditing Standards, Statements, and Guidance Notes
  • Audit Planning, Strategy, and Execution
  • Risk Assessment and Internal Control
  • Special aspects of Auditing in an Automated Environment
  • Audit of Limited Companies
  • Audit Reports
  • Audit Committee and Corporate Governance
  • Audit of Consolidated Financial Statements
  • Special features of audit of Banks, Insurance & Non-Banking Financial Companies
  • Audit under Fiscal Laws
  • Audit of Public Sector Undertakings
  • Liabilities of Auditors
  • Internal Audit, Management, and Operational Audit
  • Due Diligence, Investigation, and Forensic Audit
  • Peer Review and Quality Review
  • Professional Ethics


Paper 4: Corporate and Economic Laws

Part A: Corporate Law (70%)

  • Company Law
  • Securities Law


Part B: Economic Laws (30%)

  • The Foreign Exchange Management Act, 1999
  • The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
  • The Prevention of Money Laundering Act, 2002
  • Foreign Contribution Regulation Act, 2010
  • The Arbitration and Conciliation Act, 1996
  • The Insolvency and Bankruptcy Code, 2016


Exam Pattern

CA Final Exam Pattern

Mode of Exam Offline pen-paper based
Type of Questions Subjective
Duration of Exam 3 hours
No of Papers 4 papers
No of Groups 2, group 1 and group 2
Total marks 100 in each paper
Language Hindi or English
Marking Scheme Total marks in each paper: 100
30% MCQ, 70% Subjective
No Negative marking
Passing Criteria 40% in each paper, 50% in aggregate


CA Articleship: Practical Training for CA Course

After completing CA intermediate level, candidates must register and start their 3 years of mandatory CA articleship a.k.a., practical training according to the guidelines provided by ICAI. Every candidate pursuing the course of Chartered Accountancy is required to complete their practical training to successfully complete the said course and be deemed as a certified Chartered Accountant. 


Passing Criteria

After giving the CA Final exam, candidates can check the results once ICAI has announced them on their official website. A candidate must obtain 40% marks in each paper and 50% marks in aggregate to successfully pass this level and be deemed as a certified Chartered Accountant.


After CA Final Group 1

A student who has successfully cleared all 4 papers of CA Final Group 1 in adherence to the passing criteria mentioned above, can appear in Group 2 in the forthcoming attempt and if he has already cleared CA Final Group 2 as well, he is entitled to be addressed as a qualified chartered accountant. 


For more information about CA Final Group 1, you can contact us on our toll-free number 18003091245 and talk to our experts for free. You can also mail us at [email protected]. Visit our Youtube Channel or Telegram for regular updates and information on CA video lectures and online classes.



CA Final Group 2