CA Intermediate Study Material for May 2026| Latest ICAI BOS Mat | Download in PDF Format
The CA Intermediate Study Material for May 2026, released by ICAI, covers the entire syllabus in a structured and exam-oriented manner. As the CA Intermediate level marks a significant transition after the CA Foundation, students are introduced to advanced concepts and a broader syllabus—making it essential to rely on authentic resources like the ICAI study material PDF download.
CA Intermediate Study Material May 2026 – Free ICAI PDF Download
The study material provided by ICAI is developed by subject experts and is regularly updated to reflect amendments, practical changes, and exam trends. It includes comprehensive theory, illustrations, and practice questions that align closely with the actual exam pattern. To maximize results, students should not only read but also actively solve all questions multiple times and reinforce their preparation with a structured CA Inter Test Series by CAtestseries.org, ensuring better conceptual clarity and exam readiness.
ICAI provides both hard copies (at the time of registration) and soft copies (available online in PDF format), making it convenient for students to access the latest ICAI BOS material for May 2026 anytime. Especially for theory subjects, merely reading is not enough—students must focus on understanding ICAI language, presentation style, and keywords. Practicing answers using ICAI terminology and testing performance through a reliable CA test series platform like CAtestseries.org can significantly improve scoring potential.
CA Intermediate BOS Study Material for May 2026
The study material prepared by the ICAI should always be the priority as the base for the RTPs, MTPs, and exam questions is the study material prepared by the institute.
Advanced Accounting | |
Corporate Laws | |
Cost Management Accounting | |
Taxation | Section A- download Section B- Download |
Auditing and Code of Ethics | |
FM – SM | Section A- FM Section B- SM |
Students can download chapterwise files of the ICAI Study Material from the links mentioned below.
CA Intermediate Study Material (Subject-Wise)
Before we begin, the student must note that the study material for each subject has been divided into conceptual and practical modules. This will ensure that the syllabus for the subject has been covered in its entirety.
The subject-wise study material for the ICAI Intermediate course is given below:
Accounting
One of the most important topics in the CA Intermediate course, accounting, requires not only clarity in concepts but also the ability to solve problems. The ICAI has divided the subject into different modules, covering topics like accounting standards, company accounts, and more.
Here is the chapter-wise and module-wise study material for the subject Accounting:
Module 1 | ||
Chapter-1 | Introduction to Accounting Standards |
English medium: Download Hindi: Download |
Chapter-2 | Framework for Preparation and Presentation of Financial Statements | |
Chapter-3 | Applicability of Accounting Standards | |
Chapter-4 | Presentation and disclosure-based accounting standards | |
Module 2 | ||
Chapter-5 | Asset-Based Accounting Standards |
English medium: Download Hindi: Download |
Chapter-6 | Liabilities-Based Accounting Standards | |
Chapter-7 | Accounting Standards Based on Items Impacting Financial Statements | |
Chapter-8 | Revenue-Based Accounting Standards | |
Chapter-9 | Other Accounting Standards | |
Chapter-10 | Accounting Standards for Consolidated Financial Statements | |
Module 3 | ||
Chapter-11 | Financial Statements of Companies |
English medium: Download Hindi: Download |
Chapter-12 | Buyback of Securities | |
Chapter-13 | Amalgamation of Companies | |
Chapter-14 | Internal Reconstruction | |
Chapter 15 | Accounting for Branches Including Foreign Branches | |
The accounting module necessitates regular practice and is very practical. Following the completion of the aforementioned chapters:
- Pay attention to presentation, formats, and modifications.
- Practice branch accounting, reconstruction, and amalgamation extensively.
- Regularly update Accounting Standards
Corporate Laws
Legal provisions, company law concepts, and compliance requirements are the main topics of corporate law. The course is broken up into modules that address management, incorporation, and other legal frameworks.
When studying this subject, students should concentrate on comprehending sections, provisions, and case-based applications.
Module 1 | ||
Chapter-1 | Preliminary |
English medium: Download Hindi: Download |
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 |
English medium: Download Hindi: Download |
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 | ||
Chapter 12 | The Limited Liability Partnership Act, 2008 | English medium: Download Hindi: Download |
Part 2 | Other Laws | |
Corporate Laws is a subject about theory. You need to study it and understand each section one by one. After you finish all the modules, here is what you should do:
- Focus on the parts of Corporate Laws and the rules that are part of it
- Try to answer questions that are based on real-life examples, from Corporate Laws
- Go over your notes again and make charts and summaries to help you remember key points of Corporate Laws
Cost and Management Accounting
Costing is a subject that needs to be practiced every day with numbers and a good understanding of the concepts. The modules from ICAI cover things like costing techniques, budgeting, and marginal costing, and the tools we use to make decisions.
Students need to make sure they practice every day and also understand the theory behind it.
Module 1 | ||
Chapter-1 | Introduction to Cost and Management Accounting |
English medium: Download Hindi: Download |
Chapter-2 | Material Cost | |
Chapter-3 | Employee Cost and 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 |
English medium: Download Hindi: Download |
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 | |
To be good at Cost and Management Accounting, you need to understand the concepts and practice numbers a lot. After you finish the modules from ICAI, you should do things.
- Practice numbers every day
- Pay attention to things, like costing, marginal costing, and budgeting
- Solve the questions from the years that ICAI gave.
Taxation
Taxation is a crucial and ever-changing topic that encompasses Income Tax and GST. ICAI regularly updates this topic, so students should pay attention to the most recent changes that apply to May 2026.
The study material is organized into sections and modules to enhance comprehension.
SECTION A- Income-tax Law | |||
Section 1 | |||
Chapter-1 | Basic Concepts | English medium: Download Hindi: Download | |
Chapter-2 | Residence and Scope of Total Income | ||
Section 2 | |||
Chapter-3 | Heads of Income |
English medium: Download Hindi: Download | |
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 | ||
Section 3 | |||
Chapter-4 | Income of Other Persons included in Assessees Total Income |
English medium: Download Hindi: Download | |
Chapter-5 | Aggregation of Income, Set-off and Carry Forward of Losses | ||
Chapter-6 | Deductions from Gross Total Income | ||
Section 4 | |||
Chapter-7 | Advance Tax, Tax Deduction at Source, and Introduction to Tax Collection at Source | English medium: Download Hindi: Download | |
Chapter-8 | Provisions for filing the Return of Income and Self-assessment | ||
Section 5 | |||
Chapter 9 | Income tax liability – computation and optimisation | English: Download Hindi: Download | |
SECTION B- GOODS AND SERVICES TAX | |||
Module 1 | |||
Chapter-1 | GST in India – An Introduction |
English medium: Download Hindi: Download | |
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 |
English medium: Download Hindi: Download | |
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 collection at source | ||
Chapter-15 | Returns | ||
Taxation is one of the most ever-changing topics because of regular updates. Once the syllabus is completed:
- Concentrate on the most recent updates relevant to May 2026
- Work on calculation-based problems
- Regularly review the provisions and sections
Auditing and Code of Ethics
Auditing is a subject based on theory and requires a good understanding of concepts as well as good presentation skills. ICAI modules cover audit procedures, audit evidence, and audit reports, etc.
Key points to be focused on: Keywords, Audit Language, and Practical Application.
Module 1 | ||
Chapter-1 | Nature, Objective, and Scope of Audit |
English medium: Download Hindi: Download |
Chapter-2 | Audit Strategy, Audit Planning,g and Audit Programme | |
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 |
English medium: Download Hindi: Download |
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 Engagements | |
Auditing demands a firm command over language, presentation, and concepts. After completing all the chapters:
- Key Words and Professional Language
- Solve Case Questions and MCQs
- Review Audit Procedures and Standards
Financial Management and Strategic Management
FM-SM is a subject consisting of both theoretical and numerical aspects: Financial Management and Strategic Management. FM is about decision-making and calculation, whereas SM is about case studies and concepts.
Section A: Financial Management | |||
Module 1 | |||
Chapter-1 | Scope and Objectives of Financial Management |
English medium: Download Hindi: Download | |
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 | ||
Module 2 | |||
Chapter-7 | Investment Decisions |
English medium: Download Hindi: Download | |
Chapter-8 | Dividend Decisions | ||
Chapter-9 | Management of Working Capital | ||
Unit-I | Introduction to Working Capital Management | ||
Unit-II | Treasury and Cash Management | ||
Unit-III | Management of Inventory | ||
Unit-IV | Management of Receivables | ||
Unit-V | Management of Payables (Creditors) | ||
Unit-VI | Financing of Working Capital | ||
Section B- Strategic management | |||
Chapter-1 | Introduction to strategic management |
English medium: Download Hindi: Download | |
Chapter-2 | Strategic analysis: external environment | ||
Chapter-3 | Strategic analysis: internal environment | ||
Chapter-4 | Strategic choices | ||
Chapter-5 | Strategy implementation and evaluation | ||
50 out of 50 Rank holders in CA intermediate exams will recommend that you attempt only the ICAI study material several times. Around 95% of the study material available in the market is the same as ICAI. You should understand the entire syllabus and prepare a proper study planner to effectively cover all the ICAI Study material contents in your revision part. In addition to these, Students should focus on other materials like ICAI Revision test papers (RTPs), ICAI Mock test papers (MTPs), and ICAI past exam papers of the Last 3-4 attempts to gain a better understanding of the type of questions that can be asked and to gain confidence before the exams.
How can you download the study material from the official ICAI BOS Knowledge Portal
1. First, open the official website of ICAI.org
2. Hover on the Student option in the menu and click on the BOS Knowledge portal
3. Then click on Visit the BOS knowledge portal
4. Then, click on the Study Material Option
5. Then Choose CA Intermediate
6. Finally, you can choose the subjects and download the files in PDF format.
Steps to order ICAI CA Intermediate Study Material from the CDS Portal
1. Visit the official CDS portal from this Link - www.icai-cds.org
2. A login form will open where a student needs to fill in the ICAI Registration number and Mobile number, or the student may create a new login
3. Then the portal will ask to choose the course, where students should select Intermediate
4. You must select the study material to add to the cart. Then a coupon will be applied, and you can get the study material free of charge. Remember, coupons are valid for 1 year from the login date to the portal, so you should order the study material accordingly.
5. You can fill in the postal address and wait a few days to receive the entire material.
Is the CA Inter Study Material Sufficient?
Yes, the study material provided by the ICAI is more than enough to pass with great marks, and students who have cleared the first level of this course must be aware of it by now. On the second level of CA, you are introduced to the new world of Commerce that contains various unfamiliar and different subjects, topics, and concepts. With a reliable CA Inter Test Series, you can solve all the problems faced in any matter. Many students can be quite naive while studying the study material, so you need a professional hand to keep you on track. This way, you can acquire some good tips and take advantage of their experience.
Enrolling for Chartered Accountancy is nothing difficult; the real challenge is clearing it. Focus, dedication, and the right approach can assist you in meeting the unattainable goal and make things much easier. Certainly, the CA course is more challenging than the syllabus, which is quite vast. It would help if you cleared all the CA levels.
Strategic Use of the ICAI Study Material
Break down the Study Schedule:
The ICAI study material provides a vast amount of information, and creating a study schedule can feel overwhelming. Here are some tips to help you conquer the material effectively:
- Divide and Conquer: Break down the syllabus into manageable sections based on chapters or topics. Consider the weightage of each topic (although not officially published by ICAI) when allocating study time. Past exam papers and guidance from teachers or mentors can offer clues about high-weightage areas.
- Be Realistic: Plan your daily or weekly study sessions with realistic goals that consider your learning pace and other commitments. Consistency is key, so shorter, regular study sessions are often more effective than cramming large amounts of information in a short period.
- Create a Personalized Schedule: This is your roadmap to success. Factor in your preferred study times (morning person vs. night owl) and allocate dedicated time slots for each topic or section based on its complexity and your understanding.
Source: The information mentioned above is collected from the official ICAI Website https://www.icai.org/post/intermediate-nset
Conclusion
In conclusion, the ICAI Study Material is the most reliable and comprehensive resource for the CA Intermediate May 2026 exam preparation. It covers the entire syllabus in alignment with the latest exam pattern, making it essential for building strong conceptual understanding. However, to achieve success in the CA Inter exams, students must go beyond passive reading and focus on regular revision, practice of questions, and effective time management. By consistently using ICAI Study Material along with strategic preparation techniques, candidates can improve accuracy, strengthen concepts, and enhance their overall performance in the CA Intermediate examinations.
FAQs
Is the study material for the CA Intermediate examination to be held in May 2026 available now?
The ICAI has already released the CA Intermediate study material that students can use for the May 2026 exams. This CA Intermediate study material is based on the scheme. The CA Intermediate study material is aligned with the updated syllabus and exam pattern. Students can get the CA Intermediate study material through the Board of Studies portal.
Where can I download the study material for CA Intermediate in PDF format?
You can download the study material for CA Intermediate from the BoS Knowledge Portal of the Institute of Chartered Accountants of India. All the subjects are available in PDF format. You can access the study material anytime using your login credentials.
Do students get the study material for the Institute of Chartered Accountants of India BOS free of cost?
Yes, the Institute of Chartered Accountants of India study material in PDF format is completely free for all students. You do not need to pay anything to download the study resources online. However, if you want the books, you may need to order them through the CDS portal.
What are the topics included in the study material for CA Intermediate 2026?
This study material includes all six papers, such as Advanced Accounting, Corporate and Other Laws, Taxation, Cost and Management Accounting, Auditing and Ethics, and Financial Management and Strategic Management. Each subject is covered in detail with questions and illustrations. The CA Intermediate study material covers all the subjects that students need to study.
Is the study material for CA Intermediate revised according to the scheme?
Yes, the study material is fully updated according to the new Institute of Chartered Accountants of India scheme that is applicable from 2025 onwards. The CA Intermediate study material includes revised content, an improved structure, and exam-oriented questions. This ensures that students prepare according to the pattern.
Are updates included in the study material for CA Inter for May 2026 examinations?
Amendments are partly included in the resources for subjects like Taxation. However, the ICAI also releases updates through RTPs and amendment notes. Students must refer to these for coverage of the CA Intermediate syllabus.
Is the study material of the ICAI sufficient to clear the CA Intermediate?
Yes, the Institute of Chartered Accountants of India study material is more than sufficient if students study it properly. The study material for CA Intermediate covers all concepts, illustrations, and exam-level questions. Many exam questions are directly or indirectly based on the Institute of Chartered Accountants of India modules.
