ICWAI NEW REVISED SYLLABUS 2008

NEW SYLLABUS
The Institute has taken a very positive approach towards providing high standard of education and training to the students and
arranging continuous development programmes for the members. The new syllabus has been framed following the International
Education Guidelines ( IEG) of IFAC to get have advantages in the process of Mutual Recognition Agreement ( MRA) among
/different member countries of the world under GATS in WTO.
STRUCTURE OF THE NEW SYLLABUS
FOUNDATION
Paper1: Organization & Management Fundamentals
Paper2: Accounting
Paper 3: Economics and Business Fundametals
Paper 4 : Business Mathematics, Statistics
INTERMEDIATE
Group I
Paper 5: Financial Accounting
Paper 6: Commercial and Industrial Laws and Auditing
Paper 7: Applied Direct Taxes
Group II
Paper 8: Cost & Management Accounting
Paper 9 : Operation Management and Information Systems
Paper 10: Applied Indirect Taxes
FINAL
Group III
Paper 11:Capital Market Analysis & Corporate Laws
Paper 12: Financial Management & International Finance
Paper 13:Management Accounting -Strategic Management
Paper 14:Indirect & Direct - Tax Management
Group IV
Paper 15: Management Accounting –Enterprize Performance Management
Paper 16: Advanced Financial Accounting & Reporting
Paper 17: Cost Audit & Operational Audit
Paper 18: Business Valuation Management
SKILL MAPPING OF THE NEW SYLLABUS
Stage I Financial Accounting
--------------------
Auditing
Commercial and Industrial
Laws
------------------------
Applied Direct Taxation
Stage II Applied Indirect Taxation Cost and Management
accounting
-------------------------
Operation Management and
Information Systems
Stage III Corporate Laws
-----------------------
Indirect & Direct Tax
Management
Financial Management &
International Finance
Capital Market Analysis
---------------------
Management Accounting
– Strategic Management
Stage IV Advanced Financial
Accounting & Reporting
Cost Audit Operational Audit
--------------------------
Business Valuation
Management
Management Accounting -
Enterprise Performance
Management
KNOWLEDGE
PILLARS
FINANCIAL
REPORTING
REGULATORY MANAGEMENT STRATEGY
ICWAI Syllabus 2008 2