Amendments

Exam

Paper

Significant syllabus changes

May’14

Nov’14

IPC

Paper 4- Taxation

Finance Act, 2013

Paper 2- Business Laws, Ethics and Communication Paper 6- Auditing and Assurance

Companies Act, 2013

Paper 4- Taxation

Part II- “Service Tax and VAT” has been renamed as “Indirect Taxes”. New topics which have been included are:

1) Introduction to excise duty, customs duty, central sales tax and VAT – constitutional aspects, basic concepts relating to levy, taxable event and related provisions

2) Significant provisions of service tax ( the main topics which have been added are exemption and abatements, invoicing for taxable services, and registration)

Details

Details

Paper 7- Information Technology and Strategic Management

In Section A- Information Technology: New topics which have been added are:

1) Business Process Management & IT

2) Business process automation through Application software

CA Final

Paper 7- Direct Taxes Paper 8- Indirect Tax Laws

Finance Act, 2013

Paper 3- Advanced Auditing and Professional Ethics Paper 4- Corporate and Allied Laws

Companies Act, 2013

Paper 6- Information Systems Control and Audit

Additions/deletions of topics have been done to keep up with recent technological developments. Major topics which have been added are:

a) Concepts of Governance and Management of Information Systems

b) Information Technology Regulatory Issues

c) Emerging Technology

Paper 8- Indirect Tax Laws

Redistribution of marks- Section A (25 marks), Section B (50 marks), Section C (25 marks)Syllabus changes in- Section B: VAT has been excluded

Section C: addition of Foreign Trade Policy (relevant to the customs law)