Every big or small company requires an individual who can handle and manage all the financial issues. CA plays an important role to keep the company following all legal regulations related to the company’s finances. There are three levels to become a CA. After you finish the first level, CA foundation next is CA Intermediate. Let’s explore all the key CA intermediate course details for 2021 you should know before you appear for the exam.
|Name of the Examination||CA Intermediate|
|Conducting Authority||Institute of Chartered Accountant of India|
|Level of Exam||National-level|
|Mode of Exam||Pen and Paper-based|
|Medium of Exam||English and Hindi|
|Type of Question||Objective and Subjective|
|No. of Papers||8|
|CA Intermediate Course Duration||8 Months|
About CA Intermediate Course
CA Intermediate Course is the second level test of the Chartered Accountancy (CA) course in India. There are two ways to enter this level. The first is by clearing the foundation level and the second is a direct entry. The intermediate level helps students gain a solid understanding of the many areas of Finance and Accounting.
The group method complicates the test even further because each group consists of four subjects, and a candidate must pass all four papers to pass the group. Failure to pass one topic results in the failure of the entire group, suggesting that the student fails the courses he has completed. Each of these groups includes 4 subjects and it is compulsory for each and every candidate to pass in all four subjects to qualify the group. If a student is unable to score the minimum required passing marks, then he/she is totally disqualified from the particular group.
CA Intermediate December 2021 Important Dates
Here are the important dates for CA Intermediate December 2021 exam:
|Opening of Exam Form (Dec. 2021)||16-30 Sept. 2021|
|Exam form with Late Fees (Dec. 2021)||1-3 Oct. 2021|
|Ca Intermediate Admit Card Release Date||To be Announced|
|Exam Date (Under Old Scheme)||Group 1: December 6, 8, 10 and 12Group 2: December 14, 16, 18 and 20|
|Exam Date (Under New Scheme)||Group 1: December 6, 8, 10 and 12Group 2: December 14, 16 and 18|
CA Intermediate Course Subjects & Syllabus
The intermediate course in CA has two groups containing a total of 8 subjects. CA intermediate course syllabus was of two groups containing the 7 subjects. CA intermediate new course subjects are total 8 at present. Here are the details of the CA intermediate course syllabus.
|Group 1||Group 2|
-Paper-2: Corporate and Other Laws
-Paper-3: Cost and Management Accounting
|-Paper-5: Advanced Accounting
-Paper-6: Auditing and Assurance
-Paper-7: Enterprise Information Systems and Strategic Management
-Paper-8: Financial Management and Economics for Finance
Click Here for CA Intermediate New Course Syllabus
Click Here for CA Intermediate Old Course Syllabus
CA Intermediate Course Eligibility
There are ways to enter the intermediate CA course. The first method is by clearing the CA foundation exam and the other is the direct method. Both ways have different eligibility to be fulfilled by every CA aspirant. Here is the eligibility for intermediate course CA:
- Students having a minimum of 55% in graduation or post-graduation in commerce can apply directly without clearing the CA foundation
- Students with a minimum of 60% in the non-commerce graduation or post-graduation course can apply directly without passing the CA foundation.
- Students who have cleared the Foundation level of ICAI or ICSI are also eligible for this level
CA Intermediate Course Registration Fees
CA exam centres are spread across different countries. CA intermediate course fee depends upon the location of the exam centre. Below is the CA intermediate course fees structure:
|Country||For Both Groups||For Single Group|
|Overseas Centres||$500||$ 325|
Also Read: CA Course Fees in India for Foundation, Intermediate and Final
How to Register for CA Intermediate Course?
To apply for the CA intermediate course, you need to follow these steps:
- Fill the application form and provide the required fees according to the course.
- After the successful payment of the fees, you will get the application form.
- You need to print out the application form and submit it to the concerned regional office.
As said before, you have two ways of filling the form, first is to apply after clearing the foundation level, second is to apply directly after graduation or post-graduation. Let’s have a look at the documents required for both ways.
Aspirants have to upload the mandatory documents at the time of registration. We have curated a list of documents you will require:
Documents for applying after CA Foundation:
- Self-attested copy of class 12th mark sheet
- Proof of nationality for foreign students
- Self-Attested copy for belonging to any reserved category (SC/ST/OBC or Differently abled)
Documents for applying through direct way:
- Self-attested copy of graduation/post-graduation mark sheet
- In the case of a foreign student, proof of nationality
- Self-Attested copy for belonging to any reserved category (SC/ST/OBC or Differently abled).
Also Read: CA CPT Registration Process: CA Foundation Applications 2021
ACCA Course Exemption For CA Intermediate
The Association of Chartered Certified Accountants provides some exemption in some ACCA exams to those who have studied the relevant subjects during the CA process. The exemptions are mentioned below:
|CA Final Qualified||CA Final Student Qualified IPCC benefits + F5 (if cleared AMA), F7 (if cleared FR), F9 (if cleared SFM)|
|CA Intermediate Qualified||F1, F2, F3, F6, F8|
|CA Intermediate Pursuing||F1, F2, F3, F6/ F8|
CA Intermediate Registration Validity
The CA Intermediate Registration Validity is for a period of 4 years. Applicants can also apply for an extension for 4 years at a registration fee of Rs 400. Registration fees and validity period varies based on the CA exam level and is revised regularly.
|1.||Validity for Registration||3 Years||4 Years||5 Years|
|2.||Revalidation Fees after 1st July, 2017 (for each revalidation)||Rs 300/-||Rs 400/-||Rs 500/-|
CA Intermediate Result
The exam result is announced after 2 months from the date of exam. Applicants can check the result from the official website using their registration ID and roll number details. Applicants can also check their results via email and SMS.
The results of the Chartered Accountants Intermediate Examination (Old course & New Course) held in July 2021 were declared on 19th September 2021. The examination is likely to take place between December 6 to December 20, 2021.
CA Intermediate Jobs and Salary
The door of opportunities opens after clearing the CA exam. CA is required in startups to MNCs. Here are some of the popular job profiles along with their salary structure:
|Job Positions||Average Salary|
|Internal Auditor||₹6 LPA|
|Revenue Auditor||₹4.8 LPA|
|Tax Accountant||₹4 LPA|
|Financial Reporting Officer||₹8 LPA|
|Business Advisory/Consulting||₹4.5 LPA|
The total registration fees for a single group is Rs. 11,000 and both the groups are Rs. 15,000.
The candidate must be a graduate or a post-graduate with an aggregate of 55% marks, and students who graduated in fields other than commerce must score a minimum of 60%. They also need to clear the CA Intermediate Exams conducted by ICAI.
It’s an 8-month course which includes 2 groups and each group comprises 4 subjects.
The CA Intermediate 2021 December Exam Registration is likely to start by September 16.
The examination is likely to take place between December 6 to December 20, 2021.
This was all about the CA intermediate course. CA is one of the toughest exams in India but with hard work and determination, you can achieve all your milestones. To know about popular competitive and government exams, stay tuned with Leverage Edu.