ICAI Announcement: Applicable Study Material for November 2019

An important announcement has been made by the Institute for the November 2019 aspirants. The notification on Board of Studies Portal is a comprehensive guide on applicable study material for November 2019 CA Foundation, CA Intermediate and CA Final Examination. ICAI's Study Material aims to cover the entire syllabus which is sub-divided into various chapters. The guidance hereto confines the scope of the syllabus while developing each topic.

The BoS has always been up with the periodical update of its study material for each attempt along with simple illustrations and case studies highlighting the topics in a lucid manner. Here goes the provided study material for the students registered under the New Scheme.

Applicable Material For CA Foundation Course

Paper 1: Principles and Practice of Accounting

As per the notification, the March 2019 edition is applicable for Paper 1: Principles and Practice of Accounting.

Paper 2: Business Law & Business Correspondence and Reporting

Section A: Business Law

The March 2019 edition is applicable for the upcoming November 2019 exam.

Section B: Business Correspondence and Reporting

July 2017 edition can be used to study Business Correspondence and Reporting.

Paper 3: Business Mathematics and Logical Reasoning & Statistics

July 2017 edition updated in April, 2018 and Reprint March, 2019 hits for the term.

Paper 4: Business Economics & Business and Commercial Knowledge

Part I: Business Economics

March, 2019 edition for Part I of the paper.

Part II: Business and Commercial Knowledge

January, 2019 edition for Part II of the paper

Applicable Material For CA Intermediate New Course

Group I

Paper 1: Accounting

All the three Study Modules 1,2 and 3 July 2017 Edition along with Nov 2019 RTPs and the Accounting Pronouncement July 2017 edition.

Also Read | ICAI Announcement: Revision of Chapter 8 “Redemption of Debentures”

Paper 2: Corporate and Other Laws

The Study Material for both Parts I and II are of July, 2017 edition along with RTP applicable for November 2019.

Paper 3: Cost and Management Accounting

July, 2017 edition of the study module 1 and 2.

Paper 4: Taxation

Section A: Income-tax Law

For Module 1, 2 and 3 July, 2018 edition is to be read with November 2019 RTP.

Section B: Indirect Taxes

Module 1 and 2 September, 2018 edition to be read with the statutory updates for November, 2019 Examination.

Group II

Paper 5: Advanced Accounting

Module 1, 2 and 3 July, 2017 edition read with November, 2019 RTP.

Chapters 2, 12, 13 and 14 have been revised and the revised chapters have been web hosted at the BOS knowledge portal on the notification dated 24-06-2019.

Accounting Pronouncement

July, 2017 edition with RTP November 2019.

Ignore Guidance Note on “Accounting for depreciation in companies Act 2013 in context of Schedule II to the companies Act”

Paper 6: Auditing and Assurance

Module 1 and 2 Updated edition of January, 2019 read with RTP November, 2019

Auditing Pronouncement

July, 2017 edition for Volume 1 and 2

Paper 7: Enterprises Information System and Strategic Management

Section A: Enterprises Information System

July, 2017 edition.

Section B: Strategic Management

July, 2017 edition.

Paper-8: Financial Management and Economics for Finance

Section A: Financial Management

Module 1 and 2 July, 2017 edition.

Section B: Economics for Finance

July, 2017 edition, Reprint November, 2018 read with Corrigendum uploaded on the portal.

Applicable Material For Final Course

Group I

Paper 1: Financial Reporting

November, 2018 Edition read with RTP November, 2019 Reprint April, 2019

Paper 2: Strategic Financial Management

August, 2017 edition is applicable for November 2019 examination.

Paper 3: Advanced Auditing and Professional Ethics

January, 2019 edition read with RTP November, 2019

Auditing Pronouncement

Old scheme July, 2018 edition.

Paper 4: Corporate and Economic Laws

Part I: Corporate Laws

August, 2017 edition read with RTP November, 2019

Part II: Economic Laws

August, 2017 edition read with RTP November, 2019

Paper 5: Strategic Cost Management and Performance Evaluation

January, 2019 edition read with RTP November, 2019

Paper 6: Elective Paper

Paper: 6A Risk Management

November, 2017 edition

6B Financial Services & Capital Markets

August, 2017 edition with Applicable SEBI Guidelines

6C International Taxation

November, 2018 Edition read with Chapter 9 web-hosted at BOS knowledge portal OR January, 2019 edition (which includes chapter 9)

6D Economic Laws

November, 2017 edition with Amendments hosted on the website.

6E Global Financial Reporting Standards

Announcement uploaded on the website along with web-hosted.

• Significant Differences between IFRS and US GAAP
• GFRS Case studies.
• Major differences between IndAS and IFRS

No books are separately released for multi-disciplinary case studies. Students are advised to refer to the study material of the final course for core papers.

Paper 7: Direct Tax Laws & International Taxation

September, 2018 edition read with RTP November, 2019 Exam and web-hosted Judicial update.

Part I: Direct Tax Laws

Paper 8: Indirect Tax Laws

October 2018 edition read with Statutory update for November, 2019 Examination.

Part I: Goods and Services Tax

Part II: Customs & FT

Note: Beside applicable study material November 2019, the students are advised to refer RTP November, 2019 for developments and amendments. Students are recommended to regularly visit ICAI Website for statutory updates, case studies and additional information. The aspirants to Intermediate and Final course are advised to keep themselves updated with the modification in the syllabus as per the announcement on 24-06-2019. But the modification is notwithstanding the applicable editions.

The aspirants are requested to match their study material with respective editions as per the notification and keep themselves updated with the latest applicable edition.

You can read or download the ICAI announcement to applicable study material from the link provided.