The CA Inter exam is a tough examination to crack. It requires a lot of preparation and planning. Students are required to be well aware of the ICAI syllabus of CA, CA Inter exam schedule and CA Inter subjects. As the aspirants are mostly the ones who are strongly headed towards a career as chartered accountant, they need to start their CA Inter preparation strategy early and give themselves adequate time for revision and practice. Read further into this blog to know more about the CA Inter course and the ICAI Intermediate syllabus.
CA Intermediate Subjects for May 2023 Exam
| PAPERS | Subjects in CA Inter | Total Marks |
| CA Inter group 1 subjects | Accounting | 100 Marks |
| Paper 1 | ||
| Paper 2 | Corporate and Other Laws
Part 1- Company Laws Part 2- Other Laws |
60 + 40= 100 Marks |
| Paper 3 | Cost and Management Accounting | 100 Marks |
| Paper 4 | Taxation
Section A- Income-Tax Law Section B- Indirect Taxes |
60 + 40= 100 Marks |
| CA Inter group 2 subjects | Advanced Accounting | 100 Marks |
| Paper 5 | ||
| Paper 6 | Auditing and Assurance | 100 Marks |
| Paper 7 | Enterprise Information Systems and Strategic Management
Part 1- Information Systems Part 2- Strategic Management |
50+50= 100 Marks |
| Paper 8 | Financial Management and Economics for Finance
Part 1-Financial Management Part 2-Economics of Finance |
60 + 40= 100 Marks |
We have also written a detailed blog for the topic ICAI Exam 2023 Dates. Know the important dates for CA Foundation, CA Inter and CA Final.
CA Inter Study Plan for May 2023 Exams
Students should have a proper idea of important topics and how much time should be devoted to these topics, before starting their preparations. You should have CA Inter preparation strategy ready in advance.
- At Least 10-12 hours should be devoted towards preparations and study time.
- Subjects that need daily revisions include Accounts, Cost Accounting and Advanced Accounting.
- Subjects that need weekly revisions include Law, Eco and SM.
- Audit and EIS also require extensive revisions but students can choose to revise these papers once in every 15 days.
CA Inter Subject wise Study Plan for May 2023 Exams
Accounts and Advanced Accounts:
- This paper requires a lot of practice, so students are advised to practice as many papers as possible.
- Just solving the papers is not enough, students must make sure that they are practicing these papers without seeing the solutions.
- You can refer to the ICAI module to solve these problems.
- Make detailed notes of the theory parts.
Corporate and other laws CA Inter:
- Make Mnemonics and use them to recall the important points before exams.
- Have a good hold on all the sections and understand all the concepts properly.
- Jot down relevant cases of CA Inter law and keep overlooking them from time to time.
- Have good writing practice to avoid lapses during exams.
CA Inter Cost Management Accounting:
- Stick to the basic concepts from the beginning itself.
- Just memorizing the formulas is not enough. Make sure you have understood them properly before starting your preparations.
CA Inter Taxation:
- Make notes along with strong illustrations of the module.
- Pay special attention to clauses.
- Practice questions by ICAI.
- Summarize each and every topic from ICAI study material or take help from Lakshya Academy’s extremely skilled faculties.
Auditing and Assurance:
- Students can start preparing for this paper from the topic of standards on auditing. This paper is quite mark fetching, so students can put in little effort and expect good outcomes.
- Answer presentation is quite noteworthy in this paper, so students should try to highlight important points and underline them as well.
EIS-SM:
- This topic requires daily practice and Cumulative Revision.
- Highlight the keywords in answers.
- Try to make concise notes that will help in last minute revisions.
FM-ECO:
- Try to solve questions from the ICAI module to have good practice and understanding of the concepts.
- Practice the questions and question banks of previous year.
- Practice the questions in written form.
CA Intermediate Preparation Tips
As ICAI is the conducting body of CA Inter exam, students can refer to ICAI resources such as:
- ICAI Study material
- Question papers
- Revision papers
- Mock Test papers
- Sample question papers
- Students must maintain a healthy routine and not ignore their health. A healthy mind can only process information.
- Take regular breaks in between strict schedule of study period.
Conclusion
CA Inter exam can be a bit scary for students who have not planned their whole schedule in a proper way. Hence, hoping that this study plan by Lakshya Education will add value to your CA Inter preparation strategy and help you all achieve greater heights of success!