CA Student
15927 Points
Joined May 2011
For CA-IPC, Nov'14 Exams:-
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Accounting
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No changes in the syllabus
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Business Laws, Ethics and Communication
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Partial applicability of Companies Act, 2013
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- 53 sections out of 98 sections notified by MCA on 12.09.2013 (View ICAI Announcement)
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Cost Accounting and Financial Management
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No changes in the syllabus
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Taxation
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ST & VAT syllabus has been revised and renamed as Indirect Taxes.
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- Basic concepts of excise, customs, central sales tax and CENVAT credit have been included. Coverage of service tax has been widened.
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(View ICAI Announcement | Highlight of changes)
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For direct tax AY remains the same as applicable for May’14 exams. You will need to do the relevant notifications/circulars issued up to 30.04.2014.
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Advanced Accounting
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No changes in the syllabus. There will be some minor updates regarding CRR and SLR rates in the banking chapter.
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Auditing and Assurance
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No changes in the syllabus
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Information Technology and Strategic Management
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IT syllabus has been revised. New topics have been added. No change in SM.
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(View ICAI Announcement | Highlight of changes)
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Apart from the above, refer to the RTPs for Nov’14 exams as and when released for further amendments, if any.
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The notification regarding changes in the syllabus of Accounting, Law, Adv. Accounting and Auditing due to Companies Act, 2013 will be applicable from May’15 exam and onwards. (View ICAI Announcement)