There are two groups in CA Final – each group comprises four subjects. There are 2 groups under the CA Final. These 2 groups have been divided into 8 papers. The sixth paper has six optional subjects from which a student can choose one as an optional paper. Group 1: Financial Reporting. Strategic Financial Management. Advanced Auditing and Professional Ethics. Corporate and Economic Laws. Strategic Cost Management and Performance Evaluation. Group 2: Strategic Cost Management and Performance Evaluation. Risk Management/Financial Services and Capital Markets/ International Taxation/Economic Laws/Multidisciplinary Case Study/GFRS. Direct Tax Laws and International Taxation. Indirect Tax Laws.