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News - Syllabus has changed ICAI

On the occasion of completing its 68 years of service, the Institute of Chartered Accountants of India Chartered Accountancy course revised syllabus was released by Prime Minister Narendra Modi.

List of topics included in syllabus:

  • Goods and Services Tax (GST)
  • Integrated as well as Corporate Social Responsibility (CSR) reporting
  • Global financial reporting standard
  • Islamic finance
  • Start-up finance
  • Small and medium enterprise (SME)

The weightage of GST-related questions would be 10 marks.

Further, from May 2018, the exam will carry a full 100 marks.

Certain redundant topics on indirect taxes -- services tax, excise duty, value added tax (VAT) -- have been deleted.

President of ICAI said:

  • In Revised Scheme, the technical competence, professional skills and professional values, ethics and attitudes expected from a CA are being redefined and upgraded in order to gear up aspiring Chartered Accountants to take on new roles, said President, ICAI.

    The Parliament on Tuesday during a session was informed that Chartered accountants' apex body ICAI has revised its education and training system by including several contemporary topics -- GST and CSR.

Source: http://indiatoday.intoday.in/education/

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