This is the last stage of the Chartered Accountancy curriculum.
Final level consists of two groups of 4 papers each (i.e. 8 papers in total)
One Elective Paper has been introduced in the curriculum of Final Course
Examinations are held twice a year in the months of May and November
A student can study and appear in the examination group-wise or both the groups together.
Proficiency Level expected is Expert Knowledge
Students after qualifying both the groups of Intermediate Examination are eligible to register for
They would be allowed to appear in Final Examination during last six months of practical training
after successful completion of Four Weeks Advanced Integrated Course on Information
Technology and Soft Skills (AICITSS).
Upon passing both the groups and applying for membership of ICAI, a candidate is declared to
be a Chartered Accountant.
Paper-3: Advanced Auditing and Professional Ethics (100 Marks)
Paper-4: Corporate and Economic Laws (100 Marks)
Part I: Corporate Laws (70 Marks)
Part II: Economic Laws (30 Marks)
Paper-5: Strategic Cost Management and Performance
Evaluation (100 Marks)
Paper-6: Elective Paper (100 Marks) (One to be chosen from
the list of Elective Papers)
6A Risk Management
6B Financial Services & Capital Markets
6C International Taxation
6D Economic Laws
6E Global Financial Reporting Standards
6F Multi-disciplinary Case Study
Paper-7: Direct Tax Laws & International Taxation (100
Part I: Direct Tax Laws (70 Marks)
Part II: International Taxation (30
Paper-8: Indirect Tax Laws (100 Marks)
Part I: Goods and Service Tax (75
Part II: Customs & FTP (25 Marks)
Paper 6 is an elective paper and is an open book exam.
In Papers 3, 4,7, 8 - 30 marks will be tested as Objective
and 70 marks will be descriptive.
There will be no negative marking for Objective type
Passing criteria in Final Examination
A Final course candidate shall be declared to have passed the examination if he/ she obtains at one
sitting a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all the