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CA Final Group 2

CA Final Group 2 consists of 4 papers that are to be attempted either individually or together with Group 1 (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 2

A candidate wanting to register for the CA Final Group 2 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 2:

  1. Register on the official website of ICAI - https://www.icai.org/
  2. Login with the credentials sent to you
  3. Upload requested documents
  4. 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

Exam Last Date of Registration
May Term 2022 January 1, 2022
November Term 2022 July 1, 2022

 

CA Final Group 2: Subjects and Syllabus

CA Final Group 2 consists of 4 papers which are mentioned below along with topics to be covered and their weightage in the exam.

 

Paper 5: Strategic Cost Management and Performance Evaluation (100 marks)

Part A: Strategic Cost Management and Decision Making

  • Strategic Cost Management
  • Strategic Decision Making

 

Part B: Performance Evaluation and Control

  • Performance Evaluation and Reporting
  • Managerial Control

 

Part C: Case Study

 

Paper 6:

 

Paper 7: Direct Tax Laws and International taxation (100 Marks)

Part A: Direct Tax Laws (70%)

  • Law and Procedures under the Income-tax Act, 1961

 

Part B: International Taxation (30%)

  • Taxation of international transactions and Non-resident taxation
  • Overview of Model Tax Conventions – OECD & UN
  • Application and interpretation of Tax Treaties
  • Fundamentals of Base Erosion and Profit Shifting

 

Paper 8: Indirect Tax Laws

Part-A: Goods and Services Tax (75%)

  • Goods and Services Tax (GST) Law as contained in the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017 including

 

Part B: Customs & FTP (25%)

  • Customs Law as contained in the Customs Act, 1962 and the Customs Tariff Act, 1975
  • Foreign Trade Policy to the extent relevant to the indirect tax laws

 

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 

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 2

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

 

For more information about CA Final Group 2, 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 1