Note: All Changes are highlighted in Blue colour.

As per the decision of the Council taken at its 324th held in March, 2013, it is notified for information of students and the public at large that the examination in the following papers effective from November 2014 examination and onwards shall be held as per the revised syllabus, as specified by the Council in terms of its authority as vested in Regulation 28E (3) and 31(iii) in respect of Intermediate (IPC)/Accounting Technician Examination and Final Examination respectively. Team CAhelpers made it easy for all of you by simply highlighting the changes to save your time.
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(IPC) Examination/

Accounting Technician Examination

(ATE) under Regulation 28E (3) of the

Chartered Accountants Regulations,


4: Taxation

Part I : No change

Part II:  i.e. Service Tax (25

Marks) and VAT (25 Marks)

Paper 7: Section A: Information

Technology (50 Marks)

Examination under Regulation 31

(iii) of the Chartered Accountants

Regulations, 1988

6: Information Systems Control

and Audit (100 Marks)

Paper: 8: Indirect Tax Laws (100 Marks)

The detailed Revised
Syllabi in respect of aforesaid papers of Intermediate (IPC) and Final
Examinations are hereby attached for the information of students and general

It is clarified that there is no
change in the syllabus of remaining papers of Intermediate (IPC) Course and
Final Course, except as specified above.

Detailed Changes are as below





To develop an understanding of the basic
concepts of the different types of indirect taxes and to acquire the ability to
analyse the significant provisions of service tax.

Introduction to excise duty, customs duty,
central sales tax and VAT – Constitutional aspects, Basic concepts relating to
levy, taxable event and related provisions

Significant provisions of service tax

Constitutional Aspects

Basic Concepts and General Principles

Charge of service tax including negative
list of services

Point of taxation of services

CENVAT Credit [Rule 1 -9 of CENVAT Credit Rules, 2004]

Exemptions and Abatements

Valuation of taxable services

Invoicing for taxable services

Payment of service tax


Furnishing of returns

Note – If new legislations are enacted in place of the existing
legislations the syllabus will accordingly include the corresponding
provisions of such new legislations in place of the existing legislations with
effect from the date to be notified by the Institute. Students shall not be
examined with reference to any particular State VAT Law.

Intermediate (IPC), Group-II, Paper-7A:
Information Technology

Paper - 7A: Information Technology (50


Level of Knowledge: Working Knowledge

Objective: “To develop understanding of Information Technology
as a key enabler and facilitator of implementing Information Systems in
enterprises and their impact on business processes and controls”.


1. Business Process
Management & IT

to various Business processes – Accounting, Finances, Sale, Purchase etc.  

Process Automation – Benefits & Risks  

Approach to
mapping systems : Entity Diagrams, Data Flow Diagrams, Systems Flow
diagrams,Decision trees/tables,   

systems vs. Value chain automation, Information as a business asset  

Impact of
IT on business processes, Business Risks of failure of IT  

Process Re-engineering

Information Systems and IT Fundamentals

importance of IT in business and relevance to Audit with case studies.  

working of computers and networks in business process automation from business
information perspective  

Concepts of
Computing (Definition provided by ACM/IEEE and overview of related

Overview of
IS Layers – Applications, DBMS, systems software, hardware, networks &
links and people  

Overview of
Information Systems lifecycle and key phases  

Technologies & Hardware – Servers, end points, popular computing
architectures, emerging computing architectures & delivery models –
example: SaaS, Cloud Computing, Mobile computing, etc.  

Overviewof latest devices/technologies – i5, Bluetooth, Tablet, Wi-Fi, Android,
Touchpad, iPad, iPod, Laptop, Notebook, Smartphone, Ultra- Mobile PC etc.)


Telecommunication and Networks

of telecommunication   

and functions of Telecommunication Systems  

networks – types of architecture, LAN, WAN, Wireless, private and public
networks etc.  

Overview of
computing architectures – centralised, de-centralised, mainframe,
client-server, thin-thick client etc.  

Network Fundamentals – Components, Standards and protocols, Network
risks & controls – VPN, Encryption, Secure protocols,  

administration and management – concepts and issues  

information systems are facilitated through telecommunications.  

Internet works, Internet architecture, key concepts, risks and controls  

and M-commerce technologies

4. Business
Information Systems

Systemsand their role in businesses  

IT as a
business enabler & driver – ERP, Core Banking System, CRM, SCM, HRMS,
Payment Mechanisms  

relationship between organisations, information systems and business processes  

Information Systems and linkages to Operational systems  

Reporting, MIS & IT  

Roles & responsibilities and table or authorities, importance of access
controls, privilege controls  

systems - MIS, DSS, Business Intelligence, Expert Systems, Artificial
Intelligence, Knowledge Management systems etc.


5. Business
process automation through Application software

Applications – overview and types  

Process Automation, relevant controls and information systems  

Processing & Delivery channels and their role in Information Systems  

Key types
of Application Controls and their need  

Emerging concepts –
Virtualisation, Grid Computing, Cloud delivery model  

Course, Group-II, Paper-6:

Information Systems Control and Audit

(One Paper – Three Hours - 100 Marks)


Level of Knowledge: Advanced Knowledge

Objective: “To develop competencies and skill-sets in
evaluation of controls and relevant evidence gathering in an IT
environment using IT tools and techniques for effective and efficient
performance of accounting, assurance and compliance services provided by a
Chartered Accountant”.


1. Concepts of Governance and Management
of Information Systems

Governance, Risk and compliance and
relationship between governance and management.

Role of information technology and IS
Strategy in business strategy, operations and control , business value from use
of IT, business impact of IS risks different types of Information Systems
Risks, IS Risk management overview, IT Compliance overview – Role and
responsibilities of top management as regards IT-GRC. Role of Information
Systems Assurance. Overview of Governance of Enterprise IT and COBIT

2. Information Systems Concepts

Overview of information systems in IT
environment and practical aspects of application of information systems in
enterprise processes. Information as a key business asset and its relation to
business objectives, business processes and relative importance of information
systems from strategic and operational perspectives. Various types of business
applications, overview of underlying IT technologies.

3. Protection of Information Systems

Need for protection of Information
systems, types of controls, IT general controls, logical access controls &
application controls. Technologies and security management features, IS
Security Policies, procedures, practices, standards and guidelines, IT controls
and control objectives, Role of technology systems in control monitoring,
segregation of duties. Impact of IT controls on Internal controls over
financial reporting, cyber frauds and control failures.

4. Business Continuity Planning and
Disaster recovery planning

Assessing Business Continuity Management,
Business Impact Analysis and Business Continuity Plans, Disaster recovery from
perspective of going concern, Recovery Strategies

5. Acquisition, Development and
Implementation of Information Systems (SDLC)

Business process design (integrated
systems, automated, and manual interfaces), Software procurement, RFP process,
evaluation of IT proposals, computing ROI, Computing Cost of IT implementation
and cost benefit analysis, systematic approach to SDLC and review of SDLC
controls at different stages.

6. Auditing & Information Systems

Different types of IS audit and assurance
engagements. Evaluating IT dependencies for audit planning. Overview of
continuous auditing. Auditing Information Systems- Approach methodology, and
standards for auditing information systems. IS Audit planning, performing an IS
audit, rules of digital evidence, best practices and standards for IS audit.

Reviewing General Controls, Application
Controls, Application control reviews: Review of controls at various
levels/layers such as: Parameters, user creation, granting of access rights,
input, processing and output controls.

7. Information Technology Regulatory

Overview of Specific section of IT Act
2008 & Rules as relevant for assurance: Electronic Contracting, digital
signatures, cyber offences, etc. Need for systems audit as per various
regulations such as: SEBI Clause 49 listing requirements and internal controls,
systems control & audit requirements as per RBI, SEBI, IRDA. Concepts of
Cyber forensics/Cyber Fraud investigation, Overview of Information Security
Standards ISO 27001, ISAE 3402/SA 402, ITIL

8. Emerging Technology: Overview of Cloud Computing, Software as a
Service, Mobile Computing &

BYOD, Web 2.0 & social media, Green IT
and related security and audit issues



(One paper – Three hours – 100 marks)


Level of Knowledge: Advanced knowledge


To gain advanced knowledge of the
principles of the laws relating to central excise, service tax and customs

To acquire the ability to apply the
knowledge of the provisions of the above -mentioned laws to various situations
in actual practice

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