CA Inter Books: The Ultimate Guide to Clear Your Exams

CA foundation course


“Books are a uniquely portable magic”- Stephen King.

And in the case of CA Inter books, that magic is to help you in clearing your exams with the highest aggregate and equipping yourself with knowledge that will propel your career to greater heights. 

In your preparation for CA inter, books provided by the ICAI and books authored by respectable industry veterans play a great role. The more information you consume in a practical way, the more your chances are of success. 

It is understood that you have very little time to prepare for these exams, probably 6-7 months. But during this time, if you can dedicate yourself to understanding every concept of the books we mentioned in this article, then we can guarantee that you will see magic in your exam.

However, if you face any difficulty in between the preparation or if you face a hard time in understanding a concept then we at Indigo Learn will help you understand it in a visually pleasing way, which will help you remember the concept for the rest of your life. 

In the meanwhile, let us look at the books that will make a difference in your exam.

Books Needed to Clear CA Inter

ICAI Study Material, RTPs, MTPs and past exam papers along with IndigoLearn notes are primary resources that you should use in your exam preparation. While there are several eminent authors whose books are referred to by several students, we suggest that you stick to the resources we have mentioned above. This is simply because there is no end to the number of books and authors whom you can refer to. You will just be overburdening yourselves if you start referring to too many books

CA Inter Paper 1: Advanced Accounting

The accounting papers come with 3 books which are 3 modules and an additional book on accounting pronouncements. You can find the online version here:





Module 1











Chapter 1: Introduction to Accounting Standards


Chapter 2: Framework for Preparation and Presentation of Financial Statements


Chapter 3: Applicability of Accounting Standards


Chapter 4: Presentation & Disclosures Based Accounting Standards

Unit 1 AS 1 Disclosure of Accounting Policies
Unit 2 :AS 3 Cashflow statements
Unit 3 :AS 17 Segment Reporting
Unit 4: AS 18 Related party disclosures
Unit 5: AS 20 Earnings per share
Unit 6 :AS 24 Discontinuing Operations
Unit 7 :AS 25 Interim Financial Reporting

Module 2




















Chapter 5: Assets Based Accounting Standards






Unit 1 AS 2 Valuation of Inventory
Unit 2 :AS 10 Property Plant and Equipment
Unit 3:AS 13 Accounting for Investments
Unit 4 AS 16 Borrowing Costs
Unit 5 AS 19 Leases
Unit 6 AS 26 Intangible Assets
Unit 7 AS 28 Impairement of Assets

Chapter 6: Liabilities based Accounting Standards


Unit 1 AS 15 Employee Benefits
Unit 2 AS 29 Provisions,Contingent liabilities and Contingent Assets
Chapter 7: Accounting standards based on items impacting financial statements Unit 1 AS 4 Contingencies and Events occurring after the Balance Sheet Date
Unit 2 AS 5 Net profit or loss for the period,prior period items and Changes in Accounting policies
Unit 3 AS 11 The effects of changes in foreign exchange rates
Unit 4 AS 22 Accounting for taxes on income
Chapter 8: Revenue based Accounting standards


Unit 1 AS 7 Construction contracts
Unit 2 AS 9 Revenue Recognition

Chapter 9: Other Accounting Standards


Unit 1 AS 12 Accounting for Government Grants
Unit 2 AS 14 Accounting for Amalgamations

Chapter 10: Accounting Standards for consolidated financial statements



Unit 1 AS 21 Consolidated Financial Statements
Unit 2 AS 23 Accounting for Investments in Associates in Consolidated FS
Unit 3 AS 27 Financial reporting of Intrests in Joint ventures

Module 3

Chapter 11: Financial statements of companies Unit 1 Preparation of FS


  Unit 2 Cashflow statements


Chapter 12: Buyback of shares



Chapter 13: Amalgamation of companies



Chapter 14: Accounting for Reconstruction of companies



Chapter 15: Accounting for branches including foreign branches  

CA Inter Paper 2: Corporate and Other Laws

Paper 2 comes in two parts, company law and other laws. You can find the online version here:

Now here is the list of the chapters that come with these books that you should learn.




Module 1








Chapter 1: Preliminary


Chapter 2: Incorporation of Company and Matters Incidental Thereto

Chapter 3: Prospectus and Allotment of Securities

Chapter 4: Share Capital and Debentures

Chapter 5: Acceptance of Deposits by Companies

Chapter 6: Registration of Charges





Module 2

Chapter 7: Management & Administration

Chapter 8: Declaration and Payment of Dividend

Chapter 9: Accounts of Companies

Chapter 10: Audit and Auditors

Chapter 11: Companies incorporated Outside India


Module 3 & Other Laws




Chapter 12: The Limited Liability Partnership Act, 2008


The General Clauses Act


Interpretation of Statutes


Foreign Exchange Management Act, 1999


CA Inter Paper 3: Taxation

Taxation is indeed a vast subject and you will have multiple modules and chapters to cover.

Now let’s look at the modules, chapters, and units you should cover.





Section A

Module 1


Chapter 1: Basic Concepts


Chapter 2: Residence and Scope of Total Income


Chapter 3: Heads of Income 

Unit 1: Salaries

Unit 2: Income from House Property

Unit 3: Profits and Gains of Business or Profession

Unit 4: Capital Gains

Unit 5: Income from Other Sources

Module 2


Chapter 4: Income of Other Persons included in Assessee’s Total Income


Chapter 5: Aggregation of Income, Set-off and Carry Forward of Losses


Chapter 6: Deductions from Gross Total Income


Chapter 7: Advance Tax, Tax Deduction at Source and Tax Collection at Source


Chapter 8: Provisions for filing Return of Income and Self-assessment



Chapter 9: Income Tax Liability, computation and Optimisation 


Section B

Module 1







Chapter 1: GST in India – An Introduction


Chapter 2: Supply under GST


Chapter 3: Charge of GST


Chapter 4: Place of Supply


Chapter 5: Exemptions from GST


Chapter 6: Time of Supply


Chapter 7: Value of Supply


Module 2








Chapter 8: Input Tax Credit


Chapter 9: Registration


Chapter 10: Tax Invoice, Credit and Debit Notes


Chapter 11: Accounts and Records


Chapter 12: E-Way Bill


Chapter 13: Payment of Tax


Chapter 14: Tax Deduction at Source and Tax at Source


Chapter 15: Returns


CA Inter Paper 4: Cost and Management Accounting

Paper 3 comes in two modules and they cover critical concepts around cost and management accounting. 

Here are the modules and chapters:



Module 1

Chapter 1: Introduction to Cost and Management Accounting

Chapter 2: Material Cost

Chapter 3: Employee Cost & Direct Expenses

Chapter 4: Overheads: Absorption Costing Method

Chapter 5: Activity Based Costing

Chapter 6: Cost Sheet

Chapter 7: Cost Accounting System

Module 2

Chapter 8: Unit & Batch Costing

Chapter 9: Job Costing 

Chapter 10: Process & Operation Costing

Chapter 11: Joint Products & By Products

Chapter 12: Service Costing

Chapter 13: Standard Costing

Chapter 14: Marginal Costing

Chapter 15: Budget and Budgetary Control

CA Inter Paper 5: Auditing and Ethics

Auditing and assurance have very realistic concepts that most organizations, big and small, utilize on a day-to-day basis. So, ensure you understand the concepts thoroughly. If you have any trouble doing so, then reach out to us, we would love to help you.
Now let's look at the modules.



Module 1





Chapter 1: Nature, Objective and Scope of Audit

Chapter 2: Audit Strategy, Audit Planning and Audit Program

Chapter 3: Risk Assessment and Internal Control

Chapter 4: Audit Evidence

Chapter 5: Audit of Items of Financial Statements




Module 2

Chapter 6: Audit Documentation

Chapter 7: Completion and Review

Chapter 8: Audit Report

Chapter 9: Special Features of Audit of Different Types of Entities 

Chapter 10: Audit of Banks

Chapter 11: Ethics and Terms of Audit Engagement 

CA Inter Paper 6: Financial Management and Strategic Management

This paper is bound to test your patience and your learning ability because it covers a significant portion around technological advances in the industry. Check some interesting explainer videos from Indigo Learn if you have any trouble understanding.

They are divided into two sections and the relevant chapters.




Section-A: Financial Management 
Module 1

Chapter 1: Scope and Objectives of Financial Management 

Chapter 2: Types of Financing 

Chapter 3: Financial Analysis and Planning Ratio Analysis

Chapter 4: Cost of Capital 

Chapter 5: Financing Decisions, Capital Structure

Chapter 6: Financing Decisions, Leverages


 Financial Management 

Module 2


Chapter 7: Investment Decisions

Chapter 8: Dividend Decision

Chapter 9: Management of Working Capital

Section-B: Strategic Management

Chapter 1: Introduction to Strategic Management

Chapter 2: Strategic Analysis: External Environment 

Chapter 3: Strategic Analysis: Internal Environment

Chapter 4: Strategic Choices

Chapter 5: Strategy Implementation and Evaluation


These are the books, sections, modules, chapters, and units of the official ICAI CA inter study material. If you have to ace your exams then this is the first place to start. 

Once you read this ICAI Material and also parallelly go through IndigoLearn notes your battle is half won. You should make your own short notes and use that for revision as you prepare for exams. You also need to go through past Exam papers, RTPs, and MTPs to ensure your preparation is comprehensive and complete. 

You can download all the MTPs, RTPs, and past exam papers as well as free notes from IndigoLearn by clicking here

If you are facing a hard time then reach out to us. We would love to help you and see you succeed.

Till we see you next time, Have a nice day!

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