ICWAI - Directorate of Studies Download study material

Candidates having obtained exemption in a paper or papers of a Stage of Intermediate examination by virtue of passing a stage or earning exemption in individual subject(s) under Old Syllabus-2002 will be exempted from the corresponding paper(s) under the Revised Syllabus-2008 as given in the table .

OLD SYLLABUS 2002			REVISED SYLLABUS 2008
Stage	Paper	Subject	Group	Paper	Subject
I	5	Cost & Management Accounting	II	8	Cost & Management Accounting
I	6	Information system & Technology	II	9	Operation Management & Information System
I II	7 11	Business Laws & Communication Skill & Auditing	I	6	Commercial & Industrial Laws & Auditing
I	8	Business Taxation	I	7	Applied Direct Taxation
II	9	Management Accounting-Performance Management	II	8	Cost & Management Accounting
II	10	Advanced Financial Accounting	I	5	Financial Accounting

Papers to be appeared for completion of Intermediate Course under Revised Syllabus 2008 for the students who have passed a particular Stage under Syllabus 2002


Passed under Syllabus 2002	Papers to be appeared to complete Intermediate Examination
Stage I	Group I Paper 5: Financial Accounting Group I Paper 6: Commercial & Industrial Laws & Auditing Group II Paper 10: Applied Indirect Taxation
Stage II	Group I Paper 6: Commercial & Industrial Laws & Auditing Group I Paper 7: Applied Direct TaxationGroup II Paper 9: Operation Management & Information System Group II Paper 10: Applied Indirect Taxation

EXEMPTION (FINAL) :

Those who have passed a particular Stage of Final Examination under Syllabus 2002 will be exempted from a particular Group under Revised Syllabus 2008. Candidates having obtained exemption in a paper or papers of a Stage of Final Examination under Syllabus 2002 but not passed that Stage in full will be exempted from the corresponding paper(s) under the syllabus 2008. Dual Benefit cannot be availed of.

OLD SYLLABUS 2002			REVISED SYLLABUS 2008
Stage	Paper	Subject	Group	Paper	Subject
III	ALL		III	ALL
IV	ALL		IV	ALL
III	14	Advanced Financial Management and International Finance	III	12	Financial Management and International Finance
III	15	Strategic Management & Marketing	III	13	Management Accounting-Strategic Management
III	16	Strategic Tax Management	III	14	Indirect & Direct Tax Management
IV	17	Management Accounting –Decision Making	IV	15	Management Accounting-Enterprise Performance Management
IV	18	Management Accounting-Financial Strategy & Reporting	IV	16	Advanced Financial Accounting & Reporting
IV	19	Cost Audit & Management Audit	IV	17	Cost Audit & Operational Audit
IV	20	Valuation Management & Case Study	IV	18	Business Valuation Management

*Students who have passed or acquired exemption in any group or subject/(s) under 1994,1984 or earlier syllabus,but not appeared at all under syllabus 2002will have to appear for all the papers under Syllabus 2008.

https://www.icwai.org/icwai/students-subject-exp.asp

Durgesh Joglekar

Mcom

11558 Points Joined March 2009

Exemptions

Sub: Exemption in papers of Revised Syllabus, 2008 on the basis of qualification

This is for information of all concerned that ICSI qualified students can avail exemption in the following papers of ICWAI under Revised Syllabus, 2008:

Exemption to CS passed candidates in Papers of ICWAI

Foundation Course (4 Papers)- Complete exemption

Intermediate Course

Paper 5 - Financial Accounting

Paper 7 - Applied Direct Taxation

Final Course

3. Financial Management & International Finance (Paper 12)

4. Indirect & Direct Tax Management ( Paper 14)

No exemption is available on the basis of any other qualification under Revised Syllabus, 2008.

Application for exemption has to be made to Directorate of Studies of ICWAI at 12, Sudder Street, Kolkata 700 016 only along with fee of Rs.200/- per paper by Demand Draft drawn in favour of The ICWA of India payable at Kolkata. Students must have valid documents of exemption granted in his favour before appearing in any particular examination of ICWAI. A copy of valid document of exemption granted in favour of the student should be enclosed with Examination application form.

The students who have already availed exemption on the basis of ICSI qualification under Syllabus, 2002 shall automatically get exemption under Revised Syllabus, 2008 in corresponding papers as follows:

Exemption to CS passed candidates in Papers of ICWAI
Exemption already availed by ICSI passed candidates in papers of ICWAI under Syllabus, 2002	Exemption to ICSI passed candidates in papers of ICWAI under Revised Syllabus, 2008
Foundation Course Complete Exemption	Foundation Course Complete Exemption
Intermediate Course Paper 10 Advanced Financial Accounting Paper 8 - Business Taxation	Intermediate Course Paper 5 Financial AccountingPaper 7 Applied Direct Taxation
Final Course Paper 14 Advanced Financial Management and International Finance Paper 16 Strategic Tax Management	Final Course Paper 12 Financial Management & International Finance Paper 14 Indirect & Direct Tax Management