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Not wind and solar as the Alarmists believe. After more than 5 trillion wasted on subsidies these renewables have yet to reach 1 % of world wide energy consumption. Also Co2 continues to rise but this does not matter as there is no evidence our carbon footprint has any impact on the climate. This claim is pseudo science and a hoax.Think about what we learned in high school about the importance of photosynthesis the elixir of plant life.– CO2 is integral to the Carbon Cycle of Life, as such CO2 is a necessary requirement for Carbon Based Life Forms. CO2 feeds life and is the source of organic carbon whence it was extracted through photosynthesis by plants and phytoplankton. More atmospheric CO2 feeds more life.– Theory that atmospheric CO2 (0.04%) causes the Earth’s surface to warm by reflecting the energy emitted by the Earth’s surface. This Theory has no Laws, Axioms, Postulates, nor formulae because we are unable to measure this purported physical property of ‘greenhouse gases’ in the real world. We can’t even measure this property on Mars with an atmosphere of 95% CO2. This theory is used to promote the idea that less atmospheric CO2 helps life.Fortunately the public are increasingly put off by foolish unproven climate hysteria blaming industry for a warming climate and now for a cooling climate. Recent elections in Australia, Canada and Holland all reject the alarmist fear mongering. The public are not duped by fudged data and far fetched exaggerated predictions about sea levels, polar bears and glacier ice.No climate for change: How Scott Morrison used Labor's policies against them as Americans hail 'the Trump effect' after pollsters' catastrophic blunderScott Morrison’s ‘miracle’ election win has been cheered by US conservatives and compared to Donald Trump’s surprise 2016 presidential win.The Coalition won despite 55 Newspolls in a row predicting they would lose – echoing how the US president rose to power against pollsters’ predictions in 2016.The Liberal campaign had emphasized the cost of Labor’s climate change policies – which included reducing carbon emissions by 45 percent by 2030.And while Labor campaigned against the controversial Adani mine, the Coalition focused on the jobs boost of the new development.On Saturday night, former Australian Prime Minister John Howard said Labor’s stance on climate had cost them the election.After Bill Shorten failed to secure votes in Queensland the Liberal Party elder said Labor did not reassure voters about job security.‘When they saw a Labor Party prepared to destroy jobs in the name of climate ideology in relation to the Adani mine, they said: “That’s not for Queensland”‘, he said.On Sunday morning American TV news channel Fox News labeled Mr. Morrison’s win as ‘a stunning victory’.American political activist Pamela Geller meanwhile trumpeted ‘the people are taking back their countries from the totalitarian left’.‘SHOCKING Australia Election Results: Australia’s Conservative Party Seizes Stunning Win: The Trump effect. Polls were wrong…. again,’ Ms. Geller, founder of The Geller Report and president of Stop Islamisation of America, wrote on Twitter.US news site Axios told readers the election result indicates ‘Australia will continue to closely resemble the Trump administration’s positioning on climate change’.‘Climate advocates had said this election would be a referendum on the current leadership’s positions on climate change,’ Ms. Harder wrote.‘The results suggest that either voter don’t care as much about the issue compared to others or they prefer less aggressive measures, as the current leadership is pursuing.’The New York Times described how ‘the conservative victory also adds Australia to a growing list of countries that have shifted rightward through the politics of grievance, including Brazil, Hungary, and Italy.‘Mr. Morrison’s pitch mixed smiles and scaremongering, warning older voters and rural voters in particular that a government of the left would leave them behind and favor condescending elites.’James Grant Matkin, vancouver, Canada,Great result showing the Australian public are not duped by the fake climate crisis advanced by media and lefty politicians. Temperatures are declining from low solar activity. Alarmist science demonizing coal and Co2 is wrong. CO2 increase lags, not leads warming, Rise in temperatures and CO2 follow each other closely in climate change. This recent Bohr institute study confirms a 200 year lag, and aligns perfectly with natural warming since the end of the Maunder Minimum and the Little Ice Age.How Scott Morrison Used Labor's Climate Policies Against ThemHow ScoMo used Labor's policies against themCo2 LAGS TEMPERATURE CHANGE NOT PRECEDE ITEasterbrook, 2016“CO2 makes up only a tiny portion of the atmosphere (0.040%) and constitutes only 3.6% of the greenhouse effect. The atmospheric content of CO2 has increased only 0.008% since emissions began to soar after 1945. Such a tiny increment of increase in CO2 cannot cause the 10°F increase in temperature predicted by CO2 advocates. Computer climate modelers build into their models a high water vapor component, which they claim is due to increased atmospheric water vapor caused by very small warming from CO2, and since water vapor makes up 90–95% of the greenhouse effect, they claim the result will be warming. The problem is that atmospheric water vapor has actually declined since 1948, not increased as demanded by climate models. If CO2 causes global warming, then CO2 should always precede warming when the Earth’s climate warms up after an ice age. However, in all cases, CO2 lags warming by ∼800 years. Shorter time spans show the same thing—warming always precedes an increase in CO2 and therefore it cannot be the cause of the warming.”In an El Nino year, Water vapour is 4% of the atmosphere can rise to 5% and CO2 from 0.39 to 0.42. Human made CO2 would remain about the same in that year. .Co2 is the air we breath out at 35,000 ppm with every breath. It is necessary for life on the planet through the process of photosynthesis converting radiant energy to chemical.Figure 2.3: Photosynthesis: In the process of photosynthesis, plants convert radiant energy from the sun into chemical energy in the form of glucose - or sugar.Carbon dioxide in the atmosphere enters the plant leaf through stomata, i.e., minuteepidermal pores in the leaves and stem of plants which facilitate the transfer of various gases and water vapor.The entire process can be explained by a single chemical formula.6CO2+12H2O + Light → C6H12O6+ 6O2+ 6H2OWater (6H2O) + carbon dioxide (6 CO2) + sunlight (radiant energy) = glucose (C6H12O6) + Oxygen (6O2).Credit: Energy Explained Penn State University.Photosynthesis is the transformation of radiant energy to chemical energy.Plants take in water, carbon dioxide, and sunlight and turn them into glucose and oxygen. Called photosynthesis, one of the results of this process is that carbon dioxide is removed from the air. It is nature's process for returning carbon from the atmosphere to the earth.The "fossil fuels" we use today (oil, coal, and natural gas) are all formed from plants and animals that died millions of years ago and were fossilized. When we burn (combust) these carbon-rich fuels, we are pulling carbon from the earth and releasing it into the environment.Radiant to ChemicalFigure A. Graphs of the overall atmospheric concentration and the relative percentages of trace gases such as Co2.The atmosphere is composed of a mix of several different gases in differing amounts. The permanent gases whose percentages do not change from day to day are nitrogen, oxygen and argon. Nitrogen accounts for 78% of the atmosphere, oxygen 21% and argon 0.9%. Gases like carbon dioxide, nitrous oxides, methane, and ozone are trace gases that account for about a tenth of one percent of the atmosphere. Water vapor is unique in that its concentration varies from 0-4% of the atmosphere depending on where you are and what time of the day it is. In the cold, dry artic regions water vapor usually accounts for less than 1% of the atmosphere, while in humid, tropical regions water vapor can account for almost 4% of the atmosphere. Water vapor content is very important in predicting weather.The Role of Water VapourWater vapor is, by far, the most powerful natural greenhouse gas in the atmosphere, absorbing heat across many wavelengths in the infrared spectrum. However, the impact of a greenhouse gas must also consider how long that gas remains in the atmosphere and how much it varies from place to place.From a humid rainforest to an arid desert, the amount of water vapor varies wildly around the world, making up anywhere between zero and four percent of the atmosphere. It also varies over time through seasonal changes and with height. The higher you get in the atmosphere, the drier it can become.For Greenhouse gases water vapour at 95% is major not Co2 that is near zero.Anthropocentric CO2 is Only 0.117% !OUTLINEFossil fuels are the best energy source when compared with unreliable wind and solar due to indeterminacy.China is helping other developing nations expand coal power plants to bring the life saving electricity grid to the poor.Dream of wind and solar renewables saving the climate and ending polluting fossil fuels is becoming a deadly nightmare.Adding renewables to the grid causes major cost increase in electricity.Fuel poverty from increased electricity costs kills more than fatal road accidents in the UK alone.Freezing winters everywhere, not moderate without snow as alarmists predicted makes keeping warm a matter of life or death.The fears from predicted catastrophic global warming all fail as 90% of glacier ice expands, Pacific islands rising not sinking, SEA LEVELS STABLE OR FALLING mm of change (7″ in 130 years), fewer hurricanes, floods, tornadoes. wild fires and droughts.Coal is necessary for > 2 billion living without electricity in China, India etc.China opens new coal power every week wiping out all other Co2 cuts.Scientific consensus crumbles as more leading scientists discredit one trick pony hypothesis of weak amounts of CO2 in green house gases.Public opinion shifts against taking action on climate change.Fudging data by UN scientists brings climate science into disrepute.Earth’s climate is too chaotic, nonlinear and unpredictable to know the future more than a few weeks out.Compter models run too hot as researchers fail to mimic reality.US withdraws from Paris accords meaningless carbon targets.Australian political coalition rolls back energy targets and decides to build coal power plants for more cost efficient energy.CHINA BUILDING 300 NEW COAL POWER PLANTS AROUND THE WORLDDate: 30/04/19China is building or planning more than 300 coal plants in places as widely spread as Turkey, Vietnam, Indonesia, Bangladesh, Egypt and the Philippines.The flow of Chinese financing for new coal-fired power plants throughout Africa, Europe, the Middle East, and Asia. GLOBAL COAL FINANCE TRACKER / COALSWARMChina, known as the world’s biggest polluter, has been taking dramatic steps to clean up and fight climate change.So why is it also building hundreds of coal-fired power plants in other countries?President Xi Jinping hosted the Belt and Road Forum in Beijing over the weekend, promoting his signature foreign policy of building massive infrastructureand trade links across several continents.The forum, attended by leaders and delegates of nearly 40 countries, came amid growing criticism of China’s projects, including their effect on the environment.China’s President Xi Jinping speaks at a press briefing at the end of the final day of the Belt and Road Forum on Saturday.Wang Zhao/AFP/Getty ImagesXi took the highly unusual step, for him, of meeting with international journalists, during which he repeated the slogan that he is committed to “open, clean and green development.”Yet China’s overseas ventures include hundreds of electric power plants that burn coal, which is a significant emitter of the carbon scientifically linked to climate change. Edward Cunningham, a specialist on China and its energy markets at Harvard University, tells NPR that China is building or planning more than 300 coal plants in places as widely spread as Turkey, Vietnam, Indonesia, Bangladesh, Egypt and the Philippines.Days before the forum with its “clean and green” theme, the latest Chinese-built coal plant opened in Pakistan.The plants are significant investments at a time when most nations of the world, including China, have committed to fighting climate change. “When you put money down and put steel into the ground for a coal-fired power plant,” says Cunningham, “it’s a 40- or 50-year commitment.”Game Over: Europe’s Great Renewables Rush Faces ArmageddonMay 27, 2019 by stopthesethings 3 CommentsDeath and taxes are certainties, so is the fact that wind and solar investment disappears just as soon the subsidies are cut. Without massive (and seemingly endless) subsidies we wouldn’t be having this conversation: there would have been no such thing as wind and solar power, on any scale, or at all.Twelve countries in the European Union (EU) failed to install “a single wind turbine” last year.And, as a result, the manufacturers of turbines and solar panels are dropping like flies, as subsidies are rolled back across Europe.Dr John Constable tallies up the (inevitable) carnage below.Is the Long Renewables Honeymoon Over?The Global Warming Policy ForumJohn Constable11 May 2019The European renewables industry press, which is usually unequivocally upbeat in its assessments, is currently reporting a broad spectrum of substantial problems in the sector, ranging from bankruptcies and technical problems to tepid policy support and increasing public resistance.In a fundamentally viable energy generation sector such stories could be regarded as minor perturbations, but in one that has been for decades all but completely insulated from risk by subsidy and other non-market support, it suggests deep-seated structuro-physical weakness.The German wind turbine manufacturer Senvion S.A., formerly trading under the name of RePower, is currently in financial difficulties. This Hamburg-based firm, which has installed over 1,000 wind turbines in the UK alone, applied to commence self-administered insolvency proceedings in mid-April this year, and is at present sustained by a EUR 100m loan agreement with its lenders and main bond holders.Senvion has delayed both its AGM, which was due to take place on the 23 May, and also the publication of its recent financial results. At the time of writing the company had not yet announced a new timetable.For nearly eight years, from 2007 to 2015, Senvion was owned by the Indian wind turbine manufacturer, Suzlon, and is now the property of the private equity firm, Centerbridge Partners. It is currently rumoured in the industry press that Centerbridge may now be compelled to cut its losses by making a distressed sale to Asian, probably Chinese, companies seeking a cheap way of acquiring a wind power market toehold in Europe.Western companies are thought to be unlikely to have the appetite for such a purchase, and their reluctance is entirely understandable: as Ed Hoskyns shows in a recent note for GWPF using EurObservER data, the annual installation rates for wind and solar have halved in the EU28 since 2010.Senvion may be the first major company to feel the effects of this downturn, and is certainly large enough for its difficulties to have wide ramifications, with two of its suppliers, FrancEole, which makes towers, and the US company TPI Composites, which makes blades, both being hurt by reduced revenues. Indeed, FrancEole was already in a poor way, and is now reported as being on the verge of liquidation.Projects that were being supplied by Senvion are also affected, with the building of one, Borkum West 2.2, a 200 MW offshore wind farm, being suspended mid-construction since components due from Senvion have not been delivered on schedule.This delay, which has been front-page news in some circles, must be causing considerable headaches for Borkum West’s developer, Trianel GmbH, which is apparently now seeking to establish direct links with Senvion’s suppliers so that they can complete the project.Elsewhere in the offshore wind universe, two large and relatively new projects are in the midst of what must be costly repairs involving significant downtime. Having received regulatory approval, the Danish mega-developer Orsted is about to start removing and renovating all 324 blades on the 108-turbine, 389 MW, Duddon Sands wind farm in the UK part of the Irish Sea, a year after problems first became apparent.The machines used, the Siemens 3.6–120, have suffered leading edge erosion, a problem that affects perhaps some 500 turbines in Europe (See “Type Failure or Wear and Tear in European Offshore Wind?”), and requiring the application of a remedial covering to each blade.Less can be read in the public domain about the repairs about to restart at the gigantic, EU-funded Bard Offshore 1, which is owned by Ocean Breeze Energy GmbH & Co. KG. The project, which commissioned in 2013, has eighty 5 MW turbines, with a total capacity of 400 MW.Bard had already suffered a well-known series of cable failures, and it now transpires that both nacelles and rotors have been undergoing replacement for about two years, though Ocean Breeze is, according to industry press reports, apparently declining to confirm how many turbines are affected. The company’s website gives no information in either German or English that I could find.There would, then, appear to be a great deal of work in servicing offshore wind installations, but this has not been enough to prevent Offshore Marine Management Ltd (OMM), a UK-based offshore wind contractor, entering into voluntary liquidation after several years of losses. Interestingly, OMM, a relatively small company though prominent in the UK, cited the increasingly “competitive nature” of the sector as a factor underlying its failure, and it seems likely that it was unable to survive the efforts of developers determined to reduce both capital and operational and maintenance costs to the bone (and judging from the failures reported, perhaps into the bone itself).With margins pared thin, costly local suppliers may quite simply be forced out of the market, and regardless of their other merits. Related evidence of this phenomenon, which is clearly global, can be found in the fact that the Danish mega-developer Orsted is now grumbling that the Taiwanese government’s insistence of a high level of local content for its projected 900 MW Changua 1 & 2a offshore wind farms will double the capital cost from approximately £1.6m/MW to about £3m/MW.One wonders whether this underlying reality was discussed at the recent and apparently robust meeting between the Scottish Government and the offshore wind industry, convened because the Scottish metal manufacturing firm BiFab had not been commissioned to make equipment for the 950 MW Moray East wind farm, a wind farm that has one of the much over-hyped Contracts for Difference at £57.50/MWh. The supply deals had instead been awarded to Lamprell, which is based in the UAE.The Scottish Energy Minister, Paul Wheelhouse, MSP, used the meeting to express “significant frustration” that local firms had been involved to such a small degree hitherto, in spite of repeated promises. Did Benji Sykes of the Offshore Wind Industry Council, present at the meeting, cite the Taiwanese case and explain to Mr Wheelhouse that something very similar would apply in Scotland, and that if local content was insisted upon, then construction costs would increase substantially and subsidies would also have to be increased to pay for it? Did he explain that there is genuine doubt whether Moray East can be viable at £57.50/MWh, even with low-cost international suppliers, and that local content would certainly not improve that situation? It would seem not. However, he did promise to “work closely” with the Scottish government to “ensure that communities up and down the country reap the economic benefits offshore wind offers”. Mr Wheelhouse has probably heard that before. How much longer will he go on believing it?So much for the action in the foreground. The backdrop is also sombre. The Crown Estate, which in effect controls offshore wind development in UK territorial waters, has delayed pre-qualification for Round 4 projects until after the summer of 2019, and the German maritime agency, the BSH, has disappointed developers by not assigning new development zones as had been requested. In delay is danger, and the offshore wind industry in general will be deeply concerned at the loss of momentum that may result from these decisions.Onshore wind is doing no better. The most recent auction for wind contracts in Germany took place in February and was radically undersubscribed, with only 476 MW of a possible 700 MW being awarded, the underlying causes being, it is reported, less favourable planning consent regulations and less generous price support. Senvion itself is described in some reports as being one of the supply chain casualties, alongside the German tower and foundation maker, Ambau GmbH, which has already filed for bankruptcy.One wonders why these companies were not better prepared. Reductions in subsidy in Germany were inevitable, and the tightening of planning regulations is long overdue and unsurprising. Indeed, it is remarkable that the German public has tolerated for so long such intense development in close proximity to domestic housing.However, some German states are now considering an exclusion zone of 1 km from the nearest turbine, which is still extremely close for structures in excess of 100m, and now heading, believe it or not, to over 200m in overall height. The German people have been patient, but the mood is clearly changing; indeed, the premier manufacturer and developer Enercon has recently been compelled by court order to suspend construction of its 30 MW Wulfershausen wind farm because it had, apparently, breached the local authorities’ requirement that no dwelling should be within a distance ten times tip height.This less favourable atmosphere is contributing to a general sense that existing onshore wind farms in Germany will not be repowered in great numbers at the end of their lives. About 15 GW of Germany’s onshore wind is now over fifteen years old and the end of the economic lifetime is in sight. But industry sources quoted in the subscription only press suggest that less than a third of this will actually be repowered, much less than had been expected only a few years back. The reasons given for this sudden change in prospects include declining public acceptance, reflected in tougher planning conditions, and falling subsidies.Meanwhile, in Norway and in its home territory Sweden, Statkraft, Europe’s largest generator of renewable energy, has suspended further onshore wind construction because it would be “very challenging” to develop profitable projects in these areas. They are concentrating on other less resistant markets, such as the United Kingdom, where it has acquired a 250 MW portfolio of projects from Element Power.But as it happens, things in the UK may prove to be no more promising. It has just dawned on the wind industry that government is actually acting on Amber Rudd’s landmark energy reset speech when Secretary of State for the Department of Energy & Climate Change in November 2015.In that speech Rudd remarked that “we also want intermittent generators to be responsible for the pressures they add to the system”. That of course was only right, but perhaps the industry hoped the intention would never materialise. If that was their expectation they were gravely mistaken. Aurora Energy Research has now released analysis of the regulator, Ofgem’s proposal to reform network charges, the “Targeted Charging Review”, and believes that the proposed changes “could set back subsidy-free renewables by up to five years”.When “unspun” this actually means is that if the regulator removes the hidden subsidy of avoided system costs, imposed by renewables but socialised over all generators, then more of the true cost of renewables will be revealed to the market, making it much less likely that even the most greenwash-thirsty corporate, NGO, or governmental body will sign an extravagant long-term Power Purchase Agreement (PPA) with a wind or solar farm. In other words, far from hindering the emergence of subsidy-free renewables, Ofgem’s reforms threaten to give the lie to the subsidy-free claim and show that it was never anything more than an empty PR gambit.In spite of all this, it is doubtless too soon to say that the game is up for renewables. The industries concerned will fight back, and beg further direct and indirect public assistance while threatening politicians and civil servants with missed climate targets if that support is not forthcoming. In all likelihood they will be to some degree successful. But this will only delay the inevitable. As the depressing news stories summarised above suggest, after decades of public support and de-risking there are still fundamental weaknesses in the renewables industry that go well beyond teething troubles and localised management failure. One explanation, the sole necessary one in my view, is that the physics is against this industry, and that the physics is beginning to tell. It remains only to say that this blog is not licensed to give investment or financial advice.GWPFYes, we have reached a tipping point about the unreasonable expectations that wind and solar renewables would make any difference to fossil fuel energy consumption and the earth's climate. The large subsidies to renewables in the past decades are failing to create cheap, reliable electricity and they are pushing up the cost of electricity to consumers with devastating consequences for poor consumers.The climate change debate has suffered too much politics and too little science with over the top fear mongering that unsettles the public’s common sense. My comment on Academia.edu - Share research is relevant.https://www.academia.edu/1910842...We are in an ice age geologically for the past 2.5 million years.https://slideplayer.com/slide/10...Reference: Why an ice age occurs every 100,000 years: Climate and feedback effects explainedDate: August 7, 2013Source: ETH ZurichSummary:Science has struggled to explain fully why an ice age occurs every 100,000 years. As researchers now demonstrate based on a computer simulation, not only do variations in insolation play a key role, but also the mutual influence of glaciated continents and climate.Ice ages and warm periods have alternated fairly regularly in Earth's history: Earth's climate cools roughly every 100,000 years, with vast areas of North America, Europe and Asia being buried under thick ice sheets. Eventually, the pendulum swings back: it gets warmer and the ice masses melt. While geologists and climate physicists found solid evidence of this 100,000-year cycle in glacial moraines, marine sediments and arctic ice, until now they were unable to find a plausible explanation for it.Using computer simulations, a Japanese, Swiss and American team including Heinz Blatter, an emeritus professor of physical climatology at ETH Zurich, has now managed to demonstrate that the ice-age/warm-period interchange depends heavily on the alternating influence of continental ice sheets and climate."If an entire continent is covered in a layer of ice that is 2,000 to 3,000 metres thick, the topography is completely different," says Blatter, explaining this feedback effect. "This and the different albedo of glacial ice compared to ice-free earth lead to considerable changes in the surface temperature and the air circulation in the atmosphere." Moreover, large-scale glaciation also alters the sea level and therefore the ocean currents, which also affects the climate.Weak effect with a strong impactAs the scientists from Tokyo University, ETH Zurich and Columbia University demonstrated in their paper published in the journal Nature, these feedback effects between Earth and the climate occur on top of other known mechanisms. It has long been clear that the climate is greatly influenced by insolation on long-term time scales. Because Earth's rotation and its orbit around the sun periodically change slightly, the insolation also varies. If you examine this variation in detail, different overlapping cycles of around 20,000, 40,000 and 100,000 years are recognisable.Given the fact that the 100,000-year insolation cycle is comparatively weak, scientists could not easily explain the prominent 100,000-year-cycle of the ice ages with this information alone. With the aid of the feedback effects, however, this is now possible.Simulating the ice and climateThe researchers obtained their results from a comprehensive computer model, where they combined an ice-sheet simulation with an existing climate model, which enabled them to calculate the glaciation of the northern hemisphere for the last 400,000 years. The model not only takes the astronomical parameter values, ground topography and the physical flow properties of glacial ice into account but also especially the climate and feedback effects. "It's the first time that the glaciation of the entire northern hemisphere has been simulated with a climate model that includes all the major aspects," says Blatter.Using the model, the researchers were also able to explain why ice ages always begin slowly and end relatively quickly. The ice-age ice masses accumulate over tens of thousands of years and recede within the space of a few thousand years. Now we know why: it is not only the surface temperature and precipitation that determine whether an ice sheet grows or shrinks. Due to the aforementioned feedback effects, its fate also depends on its size. "The larger the ice sheet, the colder the climate has to be to preserve it," says Blatter. In the case of smaller continental ice sheets that are still forming, periods with a warmer climate are less likely to melt them. It is a different story with a large ice sheet that stretches into lower geographic latitudes: a comparatively brief warm spell of a few thousand years can be enough to cause an ice sheet to melt and herald the end of an ice age.The Milankovitch cyclesThe explanation for the cyclical alternation of ice and warm periods stems from Serbian mathematician Milutin Milankovitch (1879-1958), who calculated the changes in Earth's orbit and the resulting insolation on Earth, thus becoming the first to describe that the cyclical changes in insolation are the result of an overlapping of a whole series of cycles: the tilt of Earth's axis fluctuates by around two degrees in a 41,000-year cycle. Moreover, Earth's axis gyrates in a cycle of 26,000 years, much like a spinning top. Finally, Earth's elliptical orbit around the sun changes in a cycle of around 100,000 years in two respects: on the one hand, it changes from a weaker elliptical (circular) form into a stronger one. On the other hand, the axis of this ellipsis turns in the plane of Earth's orbit. The spinning of Earth's axis and the elliptical rotation of the axes cause the day on which Earth is closest to the sun (perihelion) to migrate through the calendar year in a cycle of around 20,000 years: currently, it is at the beginning of January; in around 10,000 years, however, it will be at the beginning of July.Based on his calculations, in 1941 Milankovitch postulated that insolation in the summer characterises the ice and warm periods at sixty-five degrees north, a theory that was rejected by the science community during his lifetime. From the 1970s, however, it gradually became clearer that it essentially coincides with the climate archives in marine sediments and ice cores. Nowadays, Milankovitch's theory is widely accepted. "Milankovitch's idea that insolation determines the ice ages was right in principle," says Blatter. "However, science soon recognised that additional feedback effects in the climate system were necessary to explain ice ages. We are now able to name and identify these effects accurately."Story Source:Materials provided by ETH Zurich. Original written by Fabio Bergamin. Note: Content may be edited for style and length.Journal Reference:Ayako Abe-Ouchi, Fuyuki Saito, Kenji Kawamura, Maureen E. Raymo, Jun’ichi Okuno, Kunio Takahashi, Heinz Blatter. Insolation-driven 100,000-year glacial cycles and hysteresis of ice-sheet volume. Nature, 2013; 500 (7461): 190 DOI: 10.1038/nature12374Cite This Page:ETH Zurich. "Why an ice age occurs every 100,000 years: Climate and feedback effects explained." ScienceDaily. ScienceDaily, 7 August 2013. <Why an ice age occurs every 100,000 years: Climate and feedback effects explained>.The greatest climate change the world has seen in the last 100,000 years was the transition from the ice age to the warm interglacial period. New research from the Niels Bohr Institute at the University of Copenhagen indicates that, contrary to previous opinion, the rise in temperature and the rise in the atmospheric CO2follow each other closely in terms of time. The results have been published in the scientific journal, Climate of the Past.In the warmer climate the atmospheric content of CO2is naturally higher. The gas CO2(carbon dioxide) is a green-house gas that absorbs heat radiation from the Earth and thus keeps the Earth warm. In the shift between ice ages and interglacial periods the atmospheric content of CO2helps to intensify the natural climate http://variations.It had previously been thought that as the temperature began to rise at the end of the ice age approximately 19,000 years ago, an increase in the amount of CO2in the atmosphere followed with a delay of up to 1,000 years."Our analyses of ice cores from the ice sheet in Antarctica shows that the concentration of CO2in the atmosphere follows the rise in Antarctic temperatures very closely and is staggered by a few hundred years at most," explains Sune Olander Rasmussen, Associate Professor and centre coordinator at the Centre for Ice and Climate at the Niels Bohr Institute at the University of Copenhagen.The research results show that the concentration of CO2 in the atmosphere followed the temperature in Antarctica closely throughout the shift from ice age to interglacial in the period 19-11,000 years before the present. The green curve shows the temperature from measurements from the 5 ice cores marked on the map. The red and blue curves show the atmospheric CO2 content in the air bubbles in the ice cores from the two bores at Siple Dome (red) and Byrd (blue). The analysis shows that the CO2 concentration follows the increase in temperature with a delay of no more than a few hundred years. That the CO2 concentration in the atmosphere follows the Antarctic tempera- ture so closely suggests that processes in the ocean around Antarctica play an important role in the rise in CO2.The research, which was carried out in collaboration with researchers from the University of Tasmania in Australia, is based on measurements of ice cores from five boreholesthrough the ice sheet in Antarctica. The ice sheet is formed by snow that doesn't melt, but remains year after year and is gradually compressed into kilometers thick ice. During the compression, air is trapped between the snowflakes and as a result the ice contains tiny samples of ancient atmospheres. The composition of the ice also shows what the temperature was when the snow fell, so the ice is an archive of past climate and atmospheric composition.Rise in temperatures and CO2 follow each other closely in climate changeLike night follows day glaciation (low temperatures) follows interglaciation (higher temperatures) and is so devastatingly cold it threatens human survival. The Little Ice Age was a glaciation bump in the Holocene of the last 12,000 years.Think about this just 12,000 years ago most of North America was covered with ice that was more than 1 mile thick. Will it happen again? Of course as the earth is in a long term temperature decline.Sadly the evidence is this temperature decline has not abated for the past 7000 years once there was a rapid recovery from the glaciation at 12,000 years ago.Holocene climatic optimum -WikipediaThis graph is taken from Wikipedia. It shows eight different reconstructions of Holocene temperature. The thick black line is the average of these. Time progresses from left to right.On this graph the Stone Age is shown only about one degree warmer than present day, but most sources mention that Scandinavian Stone Age was about 2-3 degrees warmer than the present; this need not to be mutually excluding statements, because the curve reconstructs the entire Earth's temperature, and on higher latitudes the temperature variations were greater than about equator.Some reconstructions show a vertical dramatic increase in temperature around the year 2000, but it seems not reasonable to the author, since that kind of graphs cannot possibly show temperature in specific years, it must necessarily be smoothed by a kind of mathematical rolling average, perhaps with periods of hundred years, and then a high temperature in a single year, for example, 2004 will be much less visible.The trend seems to be that Holocene's highest temperature was reached in the Hunter Stone Age about 8,000 years before present, thereafter the temperature has generally been steadily falling, however, superimposed by many cold and warm periods, including the modern warm period.However, generally speaking, the Holocene represents an amazing stable climate, where the cooling through the period has been limited to a few degrees.History of Earth's ClimateZero to Hero: Brand New Climate Skeptic Party Now the Largest Group in the Dutch SenateEric Worrall / March 22, 2019Thierry BaudetThierry Baudet, Leader of the Forum voor Democratie. By DWDD – DWDD, CC BY 3.0Guest essay by Eric WorrallA brand new Dutch climate skeptic party has swept the field in its first election.New Populist Party Goes from Zero Seats to Largest Party in Dutch ElectionOLIVER JJ LANE21 Mar 2019A new populist, Eurosceptic party has achieved the remarkable feat of going from zero seats to becoming the largest single party in the Dutch Senate in a single election, as a young politician likened to a “Dutch Donald Trump” beat seasoned professionals in Wednesday’s poll.Thierry Baudet’s Forum for Democracy party, which has gained attention for its Euroscepticism, campaigned against open borders politics and against what he calls “climate-change hysteria,” winning 86 seats across the Dutch regions. The victory put his party ahead of even the ruling mainstream conservative People’s Party for Freedom and Democracy (VVD), which achieved 80 seats.Forum was founded in 2016, and this is the first regional election the party has contested. Remarkably, in some Dutch regions Forum was so unexpectedly successful it won the right to appoint more elected members than they actually have registered candidates living in those areas.The European Union is terrified of the upcoming EU Parliament election, because they are anticipating a parliament dominated by populists, climate skeptics and Euroskeptics who want to break up the union.If skeptics do win control of the European Parliament, under the democratically deficient EU system elected members probably won’t have the power to change EU climate policy or break up the EU. But the skeptics may rob the unelected soviet style bureaucrats who really run the EU of the facade of democratic legitimacy they have enjoyed to date, thanks to their rubber stamp parliament of tame elected Europhiles.Britain’s best hope of being ejected from the EU in the next few weeks is Eurocratic fear that Britain’s anticipated hardcore climate skeptic and Eurosceptic voting block might tip the balance in the next European parliament.Thomas HomerMarch 22, 2019 at 6:42 am– CO2 is integral to the Carbon Cycle of Life, as such CO2 is a necessary requirement for Carbon Based Life Forms. CO2 feeds life and is the source of organic carbon whence it was extracted through photosynthesis by plants and phytoplankton. More atmospheric CO2 feeds more life.– Theory that atmospheric CO2 (0.04%) causes the Earth’s surface to warm by reflecting the energy emitted by the Earth’s surface. This Theory has no Laws, Axioms, Postulates, nor formulae because we are unable to measure this purported physical property of ‘greenhouse gases’ in the real world. We can’t even measure this property on Mars with an atmosphere of 95% CO2. This theory is used to promote the idea that less atmospheric CO2 helps life.

Before the British set foot on the sub continent, South Asia and South East Asia was in peace with its own tradition, culture, religion every sphere of the prism just was shining and this part of the world was developing at a rapid speed in every direction.Once the British landed in our soil in the name of East India Co, (which still exists in textile and clothing business) India saw beggars on the street. The British looted all our wealth, and we can see them displaced and exposed in the London Tower museum.When the British left - They entered with a Divide and Rule Policy, and Left with Divide and Destroy Policy, and that is what we see today in the sub continent and South East Asia. New countries were born, new puppet jokers became leaders.It’s time for China, Pakistan, even India to rethink the fantasy Modi called expansionismIndia, China and Pakistan all want territory from another. But it’s a pursuit doomed to fail as they can’t get it without annihilating the other.Addressing the troops on his surprise Friday morning visit to Ladakh, Prime Minister Narendra Modi took care not to take China’s name. But he left no guesswork as to where his message was directed when he said that the era of expansionism was over and that this was time for development.This was directed at China. But it is one of those fine lines of pragmatic wisdom that could also be directed at Pakistan or even at ourselves. I know the risks in my going that far, but let’s expand on the thought.China’s expansionism under Xi Jinping is a globally acknowledged issue. It is the new migraine for the big powers and is crushing toes of most of its neighbours, terrestrial or maritime, barring its clients/surrogate states.The Chinese, like us Indians, are also a civilisational nation and carry the collective weight of nostalgia about a more glorious past. In our case, it could be the Akhand Bharat of the Mauryans or the Gupta golden period. Theirs is the hankering for a return to the expansive borders of the Qing Dynasty. Let’s describe this, for convenience and brevity, as their ‘Akhand China’ fantasy.The difference is, in India, it is the ideology of the founders of just one — though now dominant — party in a democracy where power changes hands. In China, it is central to the only party that rules forever. How unrealistic and destabilising it is, particularly in the hands of the world’s first Deputy Super Power, run by a dictatorial establishment, we have seen.Ladakh is a tiny salami-slice issue. The big one for them is Arunachal Pradesh, more than 83,000 sq km. Do they imagine they can grab any of this by force? In the 21st century, nursing those thoughts only means you need to get your heads examined. It isn’t going to happen.But so irresistible is the force of nationalism, particularly when the fuel propelling it is what political scientists describe as irredentism, the belief that you should restore to your country what was its own at some point in history, that reason takes the backseat. This applies to dictatorships, democracies and systems which are a bit of this and a bit of that.The Chinese bristled at the prime minister’s advice against expansionism, presuming that it was directed at them. But equally, this could be counsel for Pakistan. That nation has spent all seven decades of its existence believing it can take away from India all of Jammu and Kashmir. In that quest, it lost a larger part of its own original country. Did it dissuade the Pakistanis?On the contrary, they became even more desperate to realise that dream. In the process, they drove out capital, financial and intellectual, as they became a military-ruled, single-agenda state, a chronic basket case with 13 IMF bailouts over 30 years and in crashing need for another one sooner than later.My old friend and late Pakistani poet of dissent, Habib Jalib, had put it beautifully — and cruelly — in a special May Day composition in 1990 as Pakistan and India seemed poised for war yet again: Nasheeli aankhon, sunehri zulfon ke desh ko kho kar/main hairan hun woh ziqr waadi-e-Kashmir karte hain (after losing the land of enchanting eyes and golden tresses, Bangladesh, I am astounded they still dream of the Valley of Kashmir). Leftist poets, however, live in a world far too idealistic for ideological nation-states built on one impossible agenda.The post-war world saw the rise of two ideological states at about the same time: Israel and Pakistan. One was the promised land for the Jews; the other the ‘natural home’ or the ‘fortress of Islam’ for the subcontinent’s Muslims. Israel is by no means perfect. But, compare it with Pakistan.Both started out as democracies around the same time. Both became American allies and the West’s favourites very early on. Both were fighting adversaries whose support-base lay in the Soviet Bloc. See where each one has ended up, politically, economically and socially.The only area where Israel has failed to achieve its objective is territorial — the West Bank. But it is different from Pakistan on Kashmir. The annexation of the West Bank is itself a polarising issue in Israeli democracy and not central to its nationalism. Pakistan is different.It is today a Chinese protectorate for all practical purposes, and on its way to being colonised economically. It still uses terror as leverage against India. It has shrunk to less than its original size. And it has even less of Kashmir than it was left with in 1948.From a per capita income about 18 per cent higher than an average Indian’s in 1985, today it is about 30 per cent lower, and the gap is rising. Bangladesh has beaten it on all social indicators and will soon do so on per capita income too. What made the difference? How did a lost-cause with starving millions make such a turnaround? That’s because when the East liberated itself from West Pakistan, it also declared freedom from its Kashmir madness.Which brings us to ourselves, India. We are philosophically, ideologically and constitutionally committed not just to defending the borders that exist in reality, but reclaiming the ones shown on our map.In the 70 years since our independence, we haven’t been able to get a square inch more of that territory. This is despite four large wars and several smaller ones.The slivers of territory captured by us in 1965 and 1971 had to be returned, as they might have to be in the future as well. Even the Chinese in 1962 withdrew from all the territory they captured in the east, and almost all, barring some tiny enclaves, in the west (Ladakh). India has two Parliament resolutions to win back every inch of its territory as shown on its map, which are in Chinese or Pakistani possession. We have prolific calls and assertions of that intent.Among us three neighbours, each wants territory from another, believing it to be its own. Can China grab Arunachal Pradesh, or even “at least the district of Tawang” as it has sometimes said, militarily? Can Pakistan ever see its flag over the Raj Bhavan in Srinagar? And can India get back Aksai Chin, Muzaffarabad and Gilgit-Baltistan?None of this is impossible. But, one of these large, powerful nations with nuclear weapons can lose territory on such a scale only if it is fully destroyed. Do we expect a large nuclear nation to be annihilated like that? And without the other being destroyed too?That’s why what each country sees as a dream borders on the fantasy. I dare not say more on this. Especially when I can lean on the wisdom of a former Navy chief and decorated war hero, Admiral Arun Prakash (Vir Chakra, 1971). Writing in The Indian Express earlier this week, he cautioned that, “As a nation, we need to be pragmatic enough to realise that neither conquest nor re-conquest of territory is possible in the 21st century”. He writes that Parliament should, now, resolve to ask the government, “to establish with utmost urgency, stable, viable and peaceful national boundaries, all around, so that India can proceed, unhindered, with the vital tasks of nation-building and socio-economic development”.Irredentism rose in late 19th century Italy. It entailed restoring to the country all Italian-speaking districts in the adjoining European nations. The history of the world since, especially all of the 20th century, tells us that the concept has done nothing but damage to those who embraced it. It is time all three Himalayan neighbours reflect and rethink too.How were the India-Pakistan partition borders drawn?Draw lines on a map to see how Radcliffe demarcated the lines that divided British India.In July 1947, about five weeks before the British were scheduled to depart the Indian subcontinent, Sir Cyril Radcliffe, a British lawyer, was commissioned to draw the borders that would divide British India into two countries – Muslim-majority Pakistan and Hindu-majority India.This was Radcliffe’s first-ever trip to India. He was asked to base his lines on the population of Muslims and Hindus, in addition to “other factors”. These additional factors were never officially defined, but are believed to include economic and communication resources, such as irrigation channels and railway lines.The Radcliffe Line was officially announced on August 17, 1947, a few days after the independence of India and Pakistan. The newly demarcated borders resulted into one of the biggest human migrations in modern history, with roughly 14 million people displaced. More than one million people were killed.The Partition: The British game of ‘divide and rule’.Before leaving India, the British made sure a united India would not be possible.Indian soldier looks at the illuminated fence of the Line of Control between the Indian and Pakistani controlled parts of Kashmir [Getty]On August 15, 1947, India won independence: a moment of birth that was also an abortion, since freedom came with the horrors of the partition, when East and West Pakistan were hacked off the stooped shoulders of India by the departing British.Seventy years later, it is hard to look back without horror at the savagery of the country’s vivisection, when rioting, rape and murder scarred the land, millions were uprooted from their homes, and billions of rupees worth of property were damaged and destroyed.Within months, India and Pakistan were embroiled in a war over Kashmir, the consequences of which still affect us today.There was an intangible partition, too. Friendships were destroyed, families ruined, geography hacked, history misread, tradition denied, minds and hearts torn apart.The creation and perpetuation of Hindu-Muslim antagonism was the most significant accomplishment of British imperial policy: the colonial project of “divide et impera” (divide and rule) fomented religious antagonisms to facilitate continued imperial rule and reached its tragic culmination in 1947.The British liked drawing lines on maps of other countries; they had done it in the Middle East after World War I, and they did it again in India. Partition was the coda to the collapse of British authority in India in 1947.The killing and mass displacement worsened as people sought frantically to be on the “right” side of the lines the British were to draw across their homeland. More than a million people died in the savagery that accompanied the freedom of India and Pakistan; some 17 million were displaced, and countless properties destroyed and looted. Lines meant lives.One of 30 special trains leaving New Delhi Station to take the staff of the Pakistan government to Karachi in 1947. Muslim League National Guards stand to attention in honour of the departure [Getty Images]In that last, mad, headlong rush to freedom and partition, the British emerge with little credit. Before World War II, they had no intention of devolving power so rapidly, or at all. The experience of the elected governments in the last years of the British Raj confirmed that the British had never been serious about their proclaimed project of promoting the responsible governance of India by Indians.When the elected ministries of the Indian National Congress quit office in protest against the British declaring war against Germany on India’s behalf without consulting them, the British thought little of appointing unelected Muslim Leaguers in their place and, in many cases, assuming direct control of functions that had supposedly been devolved to Indians. They openly helped the Muslim League take advantage of this unexpected opportunity to exercise influence and patronage that their electoral support had not earned them and to build up support while their principal opponents languished in jail.This was all part of the policy of divide and rule, systematically promoting political divisions between Hindus and Muslims, defined as the monolithic communities they had never been before the British.ADThe British had been horrified, during the Revolt of 1857, to see Hindus and Muslims fighting side by side and under each other’s command against the foreign oppressor. They vowed this would not happen again. “Divide et impera was an old Roman maxim, and it shall be ours”, wrote Lord Elphinstone. A systematic policy of fomenting separate consciousness among the two communities was launched, with overt British sponsorship. When restricted franchise was grudgingly granted to Indians, the British created separate communal electorates, so that Muslim voters could vote for Muslim candidates for Muslim seats. The seeds of division were sown, to prevent a unified nationalist movement that could overthrow the British.No one in any responsible position in Britain as late as 1940 had any serious intention whatsoever of relinquishing the Empire or surrendering the jewel in His Majesty’s Crown to a rabble of nationalist Indians clad in homespun. But the devastation of World War II meant that only one-half of the phrase could survive: bled, bombed and battered for six years, Britain could divide, but it could no longer rule.The British – terrorised by German bombing, demoralised by various defeats and large numbers of their soldiers taken prisoner, shaken by the desertion of Indian soldiers and the mutiny of Indian sailors, shivering in the record cold of the winter of 1945-46, crippled by power cuts and factory closures resulting from a post-war coal shortage – were exhausted and in no mood to focus on a distant Empire when their own needs at home were so pressing.They were also more or less broke: American loans had kept the economy afloat and needed to be repaid, and even India was owed a sizable debt. Overseas commitments were no longer sustainable or particularly popular. Exit was the only viable option: the question was what they would leave behind – one India, two or several fragments?Britain’s own tactics before and during the war ensured that by the time departure came, the Muslim League had been strengthened enough to sustain its demand for a separate homeland for Muslims, and the prospects of a united India surviving a British exit had essentially faded. Divide et impera had worked too well: a device meant to perpetuate British rule in India ensured a united India could not survive without the British. Two countries was what it would be.Indian Muslim League members demonstrating for the Partition of India and the creation of the state of Pakistan in London in August 1946 [Hulton-Deutsch Collection/Corbis via Getty Images]The task of dividing the two nations was assigned to Sir Cyril Radcliffe, a lawyer who had never been to India before and knew nothing of its history, society or traditions. Radcliffe, perspiring profusely in the unfamiliar heat, drew up his maps in less than five weeks, dividing provinces, districts, villages, homes and hearts – and promptly scuttled to Britain, never to return to India. The British Empire simply crumbled in disorder. The British were heedless of the lives that would be lost in their headlong rush to the exits.The scars of the partition have lasted 70 years, even though India has emerged as a thriving pluralist democracy while Pakistan – splitting into two with the secession of the East as Bangladesh in 1971 – and Bangladesh have encountered difficulties in maintaining democracy. But India’s flourishing democracy of seven decades is no tribute to British rule. It is a bit rich for the British to suppress, exploit, imprison, torture and maim people for 200 years and then celebrate the fact that they are a democracy at the end of it.If Britain’s greatest accomplishment was the creation of a single political unit called India, fulfilling the aspirations of visionary Indian emperors from Ashoka to Akbar, then its greatest failure must be the shambles of that original Brexit – cutting and running from the land they had claimed to rule for its betterment, leaving behind a million dead, 17 million displaced, billions of rupees of property destroyed, and the flames of communal hatred blazing hotly across the ravaged land. There is no greater indictment of the failures of British rule in India than the tragic manner of its ending.Source: Theprint.in, Aljazeera.Did Nehru really accept the Sino-British Treaty as final word on the border issue?The current round of tensions was triggered by China's bid to construct a road in the Doklam area, which falls in the tri-junction of India, China and Bhutan.The ongoing standoff at the Sikkim sector of the India-China border between troops of the two countries has brought the “Sino-British Treaty, 1890” into focus.Here’s what the treaty is all about and why China is raking it up now.Officially called the Convention Between Great Britain and China Relating to Sikkim and Tibet, the treaty was signed in Calcutta on March 17, 1890. The Convention, according to Beijing, settles the border between the two regions. But India maintains that the borders in Doklam, the area in question, are yet to be settled.Article I of the Convention talks about the boundary of Sikkim and Tibet in physical detail. “The boundary of Sikkim and Tibet shall be the crest of the mountain range separating the waters flowing into the Sikkim Teesta and its affluents from the waters flowing into the Tibetan Mochu and northwards into other rivers of Tibet. The line commences at Mount Gipmochi, on the Bhutan frontier, and follows the above-mentioned water-parting to the point where it meets Nepal territory,” the Article states.The standoffThe current round of tensions was triggered by the China's bid to construct a road in the Doklam area, which falls in the tri-junction of India, China and Bhutan. New Delhi says that a road there will threaten its national security.Analysts say that if built, the road will provide China further access to the Chumbi Valley, adding to the vulnerability of the “Chicken’s Neck”, a narrow corridor that links the Northeast with the rest of India.What is India’s stand?India has expressed deep concern at the Chinese actions at the Doko La (Doklam) tri-junction. “…Conveyed to the Chinese Government that such construction would represent a significant change of status quo with serious security implications for India,” said a government statement on June 30, 2017 in its first reaction since the tensions at the tri-junction were made public a week earlier. The war of words also saw Chinese anger towards Bhutan.What is Beijing’s stand?China stresses that the Sikkim section of the China-India boundary was defined by the 1890 treaty. China has accused India of “betrayal” of the treaty, a colonial era understanding of the boundary alignment relating to Tibet and Sikkim. Beijing, on July 3, 2017, cited letters between Prime Ministers Jawaharlal Nehru and Zhou Enlai that “had explicitly recognised many times that the (1890) Convention has defined the boundary between Xi Zang (Tibet) of China and Sikkim”.According to a Chinese Foreign Ministry spokesperson, in his letters to Zhou on March 22, 1959 and again on September 26, 1959, Nehru acknowledged that the boundary between Sikkim and Tibet “was defined by the 1890 Convention and demarcated by the two sides on the ground in 1895” and that “there’s no dispute over the boundary between Sikkim and Xi Zang, China”.“Current actions by the Indian side undoubtedly run counter to the Indian government's longstanding position,” the spokesperson said.What did Nehru say in the letter?Nehru’s September 26, 1959 letter to Zhou, cited by China, was a point-by-point refutation of the claims made by the latter on September 8, 1959. Contrary to the claim that the letter was an overwhelming endorsement of the 1890 treaty on the Sikkim-Tibet border, Nehru takes objection to Zhou’s statement that the boundaries of Sikkim and Bhutan did not fall within the scope of the discussion. Nehru explicitly states in the letter that the 1890 treaty defined only the northern part of the Sikkim-Tibet border and not the tri-junction area that brings Bhutan into play. India’s first Prime Minister goes on to state that “rectification of errors in Chinese maps regarding the boundary of Bhutan with Tibet is therefore a matter which has to be discussed along with the boundary of India with the Tibet region of China in the same sector.”Then only Nehru makes the statement that China now latches on to, out of context. He says: “This Convention of 1890 also defined the boundary between Sikkim and Tibet; and the boundary was later, in 1895, demarcated. There is thus no dispute regarding the boundary of Sikkim with the Tibet region”.Nehru concludes his letter with regret and shock while invoking the 1954 Panchsheel Agreement. “India was one of the first countries to extend recognition to the People's Republic of China and for the last ten years we have consistently sought to maintain and strengthen our friendship with your country. When our two countries signed the 1954 Agreement in regard to the Tibet region I hoped that the main problems which history had bequeathed to us in the relations between India and China had been peacefully and finally settled,” he states.Why is China angry with Bhutan?In the current standoff, Bhutan has rebuffed China by refuting the latter’s contention that it (China) was constructing a road at the India-China-Bhutan tri-junction in an “indisputable” part of Chinese territory. Thimphu had said it had conveyed to the Chinese government that this was not the case.According to an explanation published in The Hindu on ‘Why Bhutan is special to India’, “Under the 2007 India-Bhutan Friendship Treaty, the two sides have agreed to ‘cooperate closely with each other on issues relating to their national interests. Neither Government shall allow the use of its territory for activities harmful to the national security and interest of the other.’“Under a previous treaty, India was to ‘guide’ Bhutan on foreign and defence policies. The language of the 2007 treaty is meant to respect the sensitivities of Bhutan regarding its sovereignty. But the reality is that the Indian military is virtually responsible for protecting Bhutan from the kind of external threat that the Chinese military poses.”The GREED FOR LAND & EXPANSIONISM is not yet satisfied with the Chinese, they want everything on this planet. Stealing, Robbing, copying Duplicating, from the East, West, North and South they want everything. Even the seas and under the seas they are after everything. Tomorrow they will claim SPACE is theirs according to some joker’s map who ruled this planet before TIME. Jai Hind.Source: Thehindu, Aljazeera.

Toggle navigationCOURSESign In / Sign UpPast Year PapersCA Intermediate Syllabus (New) For May and Nov 2018 and Chapter wise WeightageBy Admin |150 Views (0) (0)Check CA Intermediate (Earlier CA IPCC) Revised Syllabus for May 2018 and November 2018 and Marks Weightage. In our latest articles, we have given CA IPCC Study Material & Practice Manual For Nov 2017 and CA IPCC RTP For November 2017. Today we are providing CA Intermediate Group - 1 and Group - 2 new syllabus which is applicable from May 2018 attempt. There are 8 papers in CA Intermediate I;e Accounting, Corporate and Other Laws, Cost and Management Accounting, Taxation, Advanced Accounting, Auditing and Assurance, Enterprise Information Systems & Strategic Management and Financial Management & Economics for Finance. May 2019 is the last attempt to write CA IPCC in old syllabus. Later, old registration students should also write CA Intermediate in new syllabus. Now check CA Intermediate course syllabus and marks weightage.CA Intermediate Accounting Syllabus(One paper – Three hours – 100 Marks)Weightage: 20% to 25%1. Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRS; convergence or adoption; objective and concepts of carve outs.2. Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards)3. Applications of Accounting Standards:- AS 1: Disclosure of Accounting Policies- AS 2: Valuation of Inventories- AS 3: Cash Flow Statements- AS 4: Contingencies and Events occurring after the Balance Sheet Date- AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies- AS 10: Property, Plant and Equipment- AS 11: The Effects of Changes in Foreign Exchange Rates- AS 12: Accounting for Government Grants- AS 13: Accounting for Investments- AS 16: Borrowing Costs- AS 17: Segment Reporting- AS 22: Accounting for Taxes on IncomeWeightage: 25% to 30%4. Company Accounts- Redemption of preference shares- Redemption of debentures- Accounting for bonus issue and right issue- Accounting for tax: Concept of deferred tax asset and deferred tax liability in line with AS 22 “Accounting for Taxes”- Managerial Remuneration- Preparation of financial statements – Statement of Profit and Loss, Balance Sheet and Cash Flow Statement- Profit (Loss) prior to incorporation;Weightage: 30% to 35%5. Accounting for Special Transactions:- Investment- Insurance claims for loss of stock and loss of profit- Hire - purchase and Instalment Sale Transactions6. Special Type of Accounting- Departmental Accounting- Accounting for Branches including foreign branches- Accounts from Incomplete RecordsWeightage: 15% to 20%7.Dissolution of partnership firms including piecemeal distribution of assets; Amalgamation of partnership firms; Conversion of partnership firm into a company and Sale to a company; Issues related to accounting in Limited Liability Partnership.Note : If either a new Accounting Standards (AS), Announcements and Limited Revisions to AS are issued or the earlier one are withdrawn or new AS, Announcements and Limited Revisions to AS are issued in place of existing AS, Announcements and Limited Revisions to AS, the syllabus will accordingly include/exclude such new developments in the place of the existing ones with effect from the date to be notified by the Institute.CA Intermediate Corporate and Other Laws Syllabus(One paper – Three hours - 100 Marks)Part 1: Company Law (60 Marks)The Companies Act, 2013 – Sections 1 to 148Weightage: 30% to 40%- Preliminary- Incorporation of Company and Matters Incidental thereto- Prospectus and Allotment of Securities- Share Capital and DebenturesWeightage: 30% to 40%- Acceptance of Deposits by companies- Registration of Charges- Management and AdministrationWeightage: 25% to 35%- Declaration and payment of Dividend- Accounts of Companies- Audit and AuditorsNote: The provisions of the Companies Act, 1956 which are still in force would form part of the syllabus till the time their corresponding or new provisions of the Companies Act, 2013 are enforced.Part 2: Other Laws (40 Marks)1.The Indian Contract Act, 1872 (Specific contracts covered from section 123 onwards): Contract of Indemnity and Guarantee, Bailment, Pledge, Agency Weightage: 25% to 35%2.The Negotiable Instruments Act, 1881: Meaning of Negotiable Instruments, Characteristics, Classification of Instruments, Different provisions relating to Negotiation, Negotiability, Assignability, Right and Obligation of parties, presentment of Instruments, Rules of Compensation Weightage: 20% to 35%3.The General Clauses Act, 1897: Important Definitions, Extent and Applicability, General Rules of Construction, Powers and Functionaries, Provisions as to Orders, Rules, etc. made under Enactments, Miscellaneous Weightage: 20% to 25%4.Interpretation of statutes: Rules of Interpretation of statutes, Aids to interpretation, Rules of Interpretation/construction of Deeds and Documents Weightage: 15% to 25%Note: If new legislations are enacted in place of the existing legislations, the syllabus would include the corresponding provisions of such new legislations with effect from a date notified by the Institute. Similarly, if any existing legislation ceases to have effect, the syllabus will accordingly exclude such legislation with effect from the date to be notified by the Institute.The specific inclusions/exclusions in the various topics covered in the syllabus will be effected every year by way of Study Guidelines, if required.CA Intermediate Cost and Management Accounting Syllabus(One Paper- Three hours- 100 Marks)Weightage: 10% to 15%1.Overview of Cost and Management Accounting(i) Introduction to Cost and Management Accounting- Objectives and Scope of Cost and Management Accounting,- The users of Cost and Management accounting information- Functions of management accounting.- Role of cost accounting department in an organisation and its relation with other departments.- Installation of Costing System- Relationship of Cost Accounting, Financial Accounting, Management Accounting and Financial Management.- Cost terms and Concepts- Cost Reduction and Cost Control- Elements of Costs- Cost behavior pattern, Separating the components of fixed, variable, semi- variable and step costs.- Methods of Costing, Techniques of Costing.- Cost Accounting with use of Information Technology.(ii) Elements of Cost and preparation of Cost Sheets- Functional classification and ascertainment of cost- Preparation of Cost Sheets for Manufacturing sector and for Service sectorWeightage: 35% to 40%2. Ascertainment of Cost and Cost Accounting System(i) Material Cost- Procurement procedures- Store procedures and documentation in respect of receipts and issue of stock, Stock verification,- Valuation of material receipts,- Inventory control* Techniques of fixing level of stocks- minimum, maximum, re-order point, safety stock, determination of optimum stock level,* Determination of Optimum Order quantity- Economic Order Quantity (EOQ),* Techniques of Inventory control- ABC Analysis, Fast, Slow moving and Non moving (FSN), High, Medium, Low (HML), Vital, Essential, Desirable (VED), Just-in-Time (JIT)- Stock taking and perpetual inventory system, use of control ratios,- Inventory Accounting- Consumption- Identification with products of cost centres, Basis for consumption entries in financial accounting, monitoring consumption.(ii)Employee Cost- Attendance and Payroll procedures* Elements of wages- Basic pay, Dearness Allowance, Overtime, Bonus, Holiday and leave wages, Allowances and perquisites.- Employee Cost Control- Employee Turnover- Methods of calculating employee turnover, causes of employee turnover, effects of employee turnover.- Utilisation of Human Resource, Direct and indirect employee Cost, charging of employee cost, Identifying employee hours with work orders or batches or capital jobs.- Remuneration systems and incentive schemes* Time Rate System, Piece Rate System, Differential piece rate system, Calculation of wages, Effective Wages.(iii) Direct Expenses- Direct expenses- Nature of Direct or Chargeable expenses.- Sub-contracting- Control on material movements, Identification with the main product or service.(iv) Overheads- Functional analysis- Factory, Administration, Selling, Distribution, Research and Development.- Behavioral analysis- Fixed, Variable and Semi- Variable.- Allocation and Apportionment of overheads using Absorption Costing Method.- Factory Overheads- Primary and secondary distribution,- Administration Overheads- Method of allocation to cost centres or products,- Selling & Distribution Overheads- Analysis and absorption of the expenses in products/ customers, impact of marketing strategies, cost effectiveness of various methods of sales promotion.- Treatment of Research and development cost in cost accounting.(v) Concepts of Activity Based Costing (ABC)(vi) Recording and Accounting of Costs- Non-integrated Cost Accounting system- Ledger under non-integral system- Integrated (Cost and Financial) Accounting system- Ledgers under integral system.- Difference between the Nonintegrated and Integrated Accounting system.- Reconciliation of profit as per Cost and Financial Accounts (under Non- Integrated Accounting System).Weightage: 25% to 30%3.Methods of Costing(i) Single Output/ Unit Costing(ii) Job Costing: Job cost cards and databases, collecting direct costs of each job, attributing overheads to jobs, Application of job costing.(iii) Batch Costing: Determination of optimum batch quantity, Ascertainment of cost for a batch, Preparation of batch cost sheet, Treatment of spoiled and defective work.(iv) Contract Costing- Ascertainment of cost of a contract, Progress payment, Retention money, Escalation clause, Cost plus contract, Value of work certified, Cost of Work not certified.- Determination Value of work certified, Cost of work not certified, Notional or Estimated profit from a contact.(v) Process/ Operation Costing- Process cost recording, Process loss, Abnormal gains and losses, Equivalent units of production, Inter-process profit, Valuation of work in process.- Joint Products- Apportionment of joint costs, Methods of apportioning joint cost over joint products,- By-Products- Methods of apportioning joint costs over by-products, treatment of By-product cost.(vi) Costing of Service Sectors- Determination of Costs and Prices of services of following sectors/ Industries:* Transport, Toll roads, Hospitals, Canteen/ Restaurants, Hotels/ Lodges, Educational Institutions, Financial Institutions/ Banks, Insurance, IT sector and other services.Weightage: 20% to 25%4.Cost Control and Analysis(i) Standard Costing- Setting up of Standards, Types of Standards, Standard Costing as method of performance measurement.- Calculation and Reconciliation of Cost Variances* Material Cost Variance, employee Cost Variance, Variable Overheads Variance and Fixed Overhead Variance.(ii) Marginal Costing- Basic concepts of marginal costing, Contribution margin, Break-even analysis, Break –even and profit volume charts, Contribution to sales ratio, Margin of Safety, Angle of Incidence, Cost-Volume-Profit Analysis (CVP), Multi- product break- even analysis, Consideration of Limiting factor (key factor),- Determination of Cost of a product/ service under marginal costing method, determination of cost of finished goods, work-in-progress,- Comparison of Marginal costing with absorption costing method- Reconciliation of profit under the both methods,- Short term decision making using the above concepts (basic / fundamental level).(iii) Budget and Budgetary Control- Meaning of Budget, Essentials of Budget, Budget Manual, Budget setting process, Preparation of Budget and monitoring procedures.- The use of budget in planning and control- Flexible budget, Preparation of Functional budget for operating and non- operating functions, Cash budget, Master budget,- Introduction to Principal/ Key budget factor, Zero Based Budgeting (ZBB), Performance budget, Control ratios and Budget variances.CA Intermediate Taxation Syllabus(One paper ? Three hours – 100 Marks)Section A: Income Tax Law (60 Marks)Weightage: 5% to 10%1. Basic Concepts- Income-tax law: An introduction- Important definitions in the Income-tax Act, 1961- Concept of previous year and assessment year- Basis of Charge and Rates of TaxWeightage: 10% to 15%2. Residential status and scope of total income- Residential status- Scope of total incomeWeightage: 25% to 30%3.Incomes which do not form part of total income (other than charitable trusts and institutions, political parties and electoral trusts)- Incomes not included in total income- Tax holiday for newly established units in Special Economic Zones4.Heads of income and the provisions governing computation of income under different heads- Salaries- Income from house property- Profits and gains of business or profession- Capital gains- Income from other sourcesWeightage: 15% to 20%5.Income of other persons included in assessee's total income- Clubbing of income: An introduction- Transfer of income without transfer of assets- Income arising from revocable transfer of assets- Clubbing of income of income arising to spouse, minor child and son’s wife in certain cases- Conversion of self-acquired property into property of HUF6. Aggregation of income; Set-off, or carry forward and set-off of losses- Aggregation of income- Concept of set-off and carry forward and set-off of losses- Provisions governing set-off and carry forward and set-off of losses under different heads of income- Order of set-off of losses7. Deductions from gross total income- General provisions- Deductions in respect of certain payments- Specific deductions in respect of certain income- Deductions in respect of other income- Other deductionsWeightage: 20% to 25%8. Computation of total income and tax liability of individuals- Income to be considered while computing total income of individuals- Procedure for computation of total income and tax liability of individualsWeightage: 10% to 15%9. Advance tax, tax deduction at source and introduction to tax collection at source- Introduction- Direct Payment- Provisions concerning deduction of tax at source- Advance payment of tax- Interest for defaults in payment of advance tax and deferment of advance tax- Tax collection at source – Basic concept- Tax deduction and collection account number10. Provisions for filing return of income and self-assessment- Return of Income- Compulsory filing of return of income- Fee and Interest for default in furnishing return of income- Return of loss- Provisions relating to belated return, revised return etc.- Permanent account number- Persons authorized to verify return of income- Self-assessmentSection B: Indirect Taxes (40 Marks)Weightage: 30% to 35%1.Concept of indirect taxes- Concept and features of indirect taxes- Principal indirect taxes2.Goods and Services Tax (GST) Laws- GST Laws: An introduction including Constitutional aspects- Levy and collection of CGST and IGST* Application of CGST/IGST law* Concept of supply including composite and mixed supplies* Charge of tax* Exemption from tax* Composition levy- Basic concepts of time and value of supply- Input tax creditWeightage: 20% to 30%- Computation of GST liabilityWeightage: 25% to 40%- Registration- Tax invoice; Credit and Debit Notes; Electronic waybill- Returns- Payment of tax including reverse chargeWeightage: 0% to 5%- Concept of indirect taxes - Concept and features of indirect taxes; Principal indirect taxes- GST Laws: An introduction including Constitutional aspectsNote – If any new legislation(s) is enacted in place of an existing legislation(s), the syllabus will accordingly include the corresponding provisions of such new legislation(s) in place of the existing legislations) with effect from the date to be notified by the Institute. Similarly, if any existing legislation ceases to have effect, the syllabus will accordingly exclude such legislation with effect from the date to be notified by the Institute. Students shall not be examined with reference to any particular State GST Law.Consequential/corresponding amendments made in the provisions of the Income-tax law and Goods and Services Tax laws covered in the syllabus of this paper which arise out of the amendments made in the provisions not covered in the syllabus will not form part of the syllabus. Further, the specific inclusions/exclusions in the various topics covered in the syllabus will be effected every year by way of Study Guidelines. The specific inclusions/exclusions may also arise due to additions/deletions every year by the annual Finance Act.Group 2CA Intermediate Advanced Accounting Syllabus(One paper – Three hours – 100 Marks)Weightage: 20% to 25%1.Accounting Standards:- AS 7: Construction Contracts AS 9 : Revenue Recognition- AS 14: Accounting for Amalgamations- AS 18 : Related Party Disclosures- AS 19: Leases- AS 20 : Earnings Per Share- AS 24 : Discontinuing Operations- AS 26 : Intangible Assets- AS 29 : Provisions, Contingent Liabilities and Contingent Assets.2. Application of Guidance Notes issued by the ICAI on specified accounting aspects. Company AccountsWeightage: 35% to 40%3.Special Aspects of Company Accounts- Accounting for employee stock option plan- Buyback of securities- Equity shares with differential rights- Underwriting of shares and debentures.4.Reorganization of Companies- Accounting for Amalgamation (excluding inter-company holding) and reconstruction- Accounting involved in liquidation of companies.Weightage: 15% to 20%5.Financial Reporting of Banking, Financial Services and Insurance (BFSI)- Insurance companies,- Banking companies and- Non-Banking Financial Companies- Mutual funds and regulatory requirements thereof.Weightage: 20% to 25%6.Valuation of goodwill7.Consolidated Financial StatementsConcept of consolidation and simple problems on Consolidated Financial Statements with single subsidiary (excluding problems involving acquisition of Interest in Subsidiary at Different Dates; Different Reporting Dates; Disposal of a Subsidiary and Foreign Subsidiaries)Notes :1.If either a new Accounting Standards (ASs), Announcements and Limited Revisions to ASs are issued or the earlier one are withdrawn or new ASs, Announcements and Limited Revisions to AS are issued in place of existing ASs, Announcements and Limited Revisions to AS, the syllabus will accordingly include/exclude such new developments in the place of the existing ones with effect from the date to be notified.2.The specific inclusions/exclusions, in any topic covered in the syllabus, will be effected every year by way of Study Guidelines. The list of applicable Guidance Notes in Accounting will also form part of the Study Guidelines.CA Intermediate Auditing and Assurance Syllabus (100 Marks)(One paper – Three hours – 100 Marks)Weightage: 20% to 25%1.Nature, Objective and Scope of AuditAuditing Concepts: Nature, objective and scope of Audit; Relationship of auditing with other disciplines;Standard Setting Process: Overview, Standard-setting process, Role of International Auditing and Assurance Standards Board (IAASB) & Auditing and Assurance Standards Board (AASB); Standards on Auditing, Guidance Note(s) issued by the ICAI;Engagement Standards: Qualities of Auditor, Elements of System of Quality Control (SQC 1 Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Services Engagements); Ethical requirements relating to an audit of financial statements; Inherent Limitations of an audit (SA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing); Preconditions for an audit; Audit Engagement; Agreement on Audit Engagement Terms; Terms of Engagement in Recurring Audits (SA 210 Agreeing the Terms of Audit Engagements); Leadership Responsibilities for Quality on Audits; Concept of Auditor’s Independence; Threats to Independence; Acceptance and Continuance of Client Relationships and Audit Engagements (SA 220 Quality Control for an Audit of Financial Statements).2.Audit Strategy, Audit Planning and Audit ProgrammeAudit Strategy; Audit planning (SA 300); Audit programme; Development of Audit Plan and Programme, Control of quality of audit work - Delegation and supervision of audit work; Materiality and Audit Plan; Revision of Materiality; Documenting the Materiality; Performance Materiality (SA 320 Materiality in Planning and Performing an Audit).Weightage: 5% to 15%3.Audit Documentation and Audit EvidenceConcept of Audit Documentation; Nature & Purpose of Audit Documentation; Form, Content & Extent of Audit Documentation; Completion Memorandum; Ownership and custody of Audit Documentation (SA 230 Audit Documentation); Audit procedures for obtaining audit evidence; Sources of evidence; Relevance and Reliability of audit evidence; Sufficient appropriate audit evidence, Evaluation of Audit Evidence (SA 500 Audit Evidence); Written Representations as Audit Evidence; Objective of Auditor regarding Written Representation; Management from whom Written Representations may be requested; Written Representations about Management’s Responsibilities (SA 580 Written Representations); Obtaining evidence of existence of inventory; Audit procedure to identify litigation & claims (SA 501 Audit Evidence - Specific Considerations for Selected Items); External confirmation procedures; Management's refusal to allow the auditor to send a confirmation request; Negative Confirmations (SA 505 External Confirmations); Audit evidence about opening balances; Accounting policies relating to opening balances; Reporting with regard to opening balances (SA 510 Initial Audit Engagements-Opening Balances); Meaning of Related Party; Nature of Related Party Relationships & Transactions; Understanding the Entity's Related Party Relationships & Transactions (SA 550 Related Parties); Meaning of Subsequent Events; Auditor's obligations in different situations of subsequent events (SA 560 Subsequent Events); Responsibilities of the Auditor with regard to Going Concern Assumption; Objectives of the Auditor regarding Going Concern; Events or Conditions that may cast doubt about Going Concern Assumption; Audit Procedures when events or conditions are identified (SA 570 Going Concern).Weightage: 10% to 15%4.Risk Assessment and Internal Control: Audit Risk, Identifying and Assessing the Risk of Material Misstatement, Risk Assessment procedures; Understanding the entity and its environment; Internal control ,Documenting the Risks; Evaluation of internal control system; Testing of Internal control; Internal Control and IT Environment (SA 315 Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and Its Environment); Materiality and audit risk (SA 320 Materiality in Planning and Performing an Audit); Internal audit, Basics of Standards on Internal Audit (SIAs) issued by the ICAI; Basics of Internal Financial Control and reporting requirements; Distinction between Internal Financial Control and Internal Control over Financial Reporting.Weightage: 15% to 20%5.Fraud and Responsibilities of the Auditor in this Regard: Responsibility for the Prevention and Detection of Fraud; Fraud Risk Factors; Risks of Material Misstatement Due to Fraud; Communication of Fraud (SA 240 The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements); Provisions of the Companies Act 2013 relating to fraud and rules thereunder including reporting requirements under CARO.6.Audit in an Automated Environment: Key features, Impact of IT related Risks, Impact on Controls, Internal Financial Controls as per Regulatory requirements, Types of Controls, Audit approach, Understanding and documenting Automated environment, Testing methods, data analytics for audit, assessing and reporting audit findings.7.Audit Sampling: Meaning of Audit Sampling; Designing an audit sample; Types of sampling; Sample Size and selection of items for testing; Sample selection method (SA 530 Audit Sampling).8.Analytical Procedure: Meaning, nature, purpose and timing of analytical procedures; Substantive analytical procedures, Designing and performing analytical procedures prior to Audit; investigating the results of analytical procedures (SA 520 Analytical Procedures).Weightage: 10% to 15%9.Audit of Items of Financial Statements: Audit of sale of Products and Services; Audit of Interest Income, Rental Income, Dividend Income, Net gain/loss on sale of Investments etc.Audit of Purchases, Employee benefits expenses, Depreciation, Interest expense, Expenditure on Power & Fuel, Rent, Repair to building, Repair to Machinery, Insurance, Taxes, Travelling Expenses, Miscellaneous Expenses etc.Audit of Share Capital, Reserve & Surplus, Long Term Borrowings, Trade Payables, Provisions, Short Term Borrowings & Other Current Liabilities. Audit of Land, Buildings, Plant & Equipment, Furniture & Fixtures, Vehicles, Office Equipments, Goodwill, Brand/Trademarks, Computer Software etc. Audit of Loan & Advances, Trade Receivable, Inventories, Cash & Cash Equivalent, Other Current Assets. Audit of Contingent Liabilities.(The list of items is illustrative only)10.The Company Audit: Eligibility, Qualifications and Disqualifications of Auditors;Appointment of auditors; Removal of auditors; Remuneration of Auditors; Powers and duties of auditors; Branch audit; Joint audit; Reporting requirements under the Companies Act, 2013 including CARO; Other Important Provisions under the Companies Act, 2013 relating to Audit and Auditors and Rules made thereunder.Weightage: 5% to 15%11.Audit Report: Forming an opinion on the Financial Statements; Auditor's Report- basic elements (SA 700 Forming an Opinion and Reporting on Financial Statements); Types of Modified Opinion; Circumstances When a Modification to the Auditor’s Opinion is Required (SA 705 Modification to the Opinion in the Independent Auditor’s Report); Qualification, Disclaimer, Adverse opinion (SA 706 Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent, Auditor’s Report); Nature of Comparative Information; Corresponding Figure; Comparative Financial Statements (SA 710 Comparative Information– Corresponding Figures and Comparative Financial Statements).Weightage: 10% to 20%12.Audit of Banks: Understanding of accounting system in Banks, Audit Approach, Audit of Revenue items, Special Consideration in Bank Audit with emphasis on Advances and NPAs.13.Audit of Different Types of Entities: Appointment of Auditor, Audit Procedure. Audit Report in respect of different Category of Entities mentioned below: government; Local bodies and not-for-profit organizations; Partnership Firms, Audit of different type of undertakings, i.e., Educational institutions, Hotels, Clubs, Hospitals Basics of Limited Liability Partnerships (LLPs) audit and Co-operative Societies Audit.Note:- The specific inclusions/exclusions, in any topic covered in the syllabus, will be effected every year by way of Study Guidelines.- The provisions of the Companies Act, 1956 which are still in force would form part of the syllabus till the time their corresponding or new provisions of the Companies Act, 2013 are enforced.- If new legislations/ Standards on Auditing/Guidance Notes/Statements are enacted in place of the existing legislations, the syllabus would include the corresponding provisions of such new legislations with effect from a date notified by the Institute. The changes in this regard would also form part of Study Guidelines.CA Intermediate Enterprise Information Systems and Strategic Management Syllabus(One paper – Three hours – 100 Marks)Section A: Enterprise Information Systems (50 Marks)Weightage: 15% to 25%1. Automated Business Processes- Introduction to Enterprise Business Processes, Benefits, Risks and Controls;- Diagrammatic representation of business processes using Flowcharts;- Risks and controls for specific business processes: Procure to pay (P2P), Order to cash, Inventory Cycle, Hire to Retire, Supply Chain Management, Fixed Assets etc.- Applicable regulatory and compliance requirements including computer related offences, privacy, cybercrime, Sensitive Personal Data Information of Information Technology Act, 2000Weightage: 15% to 25%2. Financial and Accounting Systems- Integrated (ERP) and non-integrated systems with related risks and controls;- Business process modules and their integration with Financial and Accounting systems.- Reporting Systems and MIS, Data Analytics and Business Intelligence- Business Reporting and fundamentals of XBRL (eXtensible Business Reporting Language).- Applicable regulatory and compliance requirementsWeightage: 15% to 25%3. Information Systems and Its Components- Components of Automated Information Systems: Application Systems, Database, Network and Operating System with related risks and controls.- Mapping of Organization structure with segregation of duties in Information Systems.Weightage: 15% to 25%4. E-Commerce, M-Commerce and Emerging Technologies- Components and Architecture of E-Commerce and M-Commerce with related risks and controls- Business process flow with its related risks and controls- Applicable regulatory and compliance requirements- Emerging technologies with its related risks and controlsWeightage: 15% to 25%5.Core Banking Systems- Components and Architecture of CBS and related risks and controls- Core modules of banking and Business process flow and its related risks and controls- Reporting Systems and MIS, Data Analytics and Business Intelligence- Applicable regulatory and compliance requirementsSection B: Strategic Management (50 Marks)Weightage: 10% to 15%1. Introduction to Strategic Management- Business Policy- Meaning and Nature of Strategic management- Business Strategy- Strategic Levels in Organizations- Strategic Management in Government and Not-for-profit organizationWeightage: 10% to 15%2.Dynamics of Competitive Strategy- Competitive Landscape- Strategic Analysis- Industry and Competitive Analysis- Core Competence- Competitive Advantage- Internal and External Analysis- SWOT Analysis- GlobalizationWeightage: 10% to 15%3.Strategic Management Process- Strategic Planning- Strategic Intent - Vision, Mission and Objectives- Strategy FormulationWeightage: 10% to 15%4.Corporate Level Strategies- Concepts and Nature of Corporate Strategy- Strategic Alternatives at Corporate Level* Growth* Stability* Expansion* Business Combinations – Mergers and Acquisitions* Strategic Alliances* Turnaround* Retrenchment and RetreatWeightage: 10% to 15%5.Business Level Strategies- Competitive Strategies at Business Level- Michael Porter’s Generic Strategies- Best-Cost Provider StrategyWeightage: 10% to 15%6.Functional Level Strategies- Marketing Strategy- Financial Strategy- Operations Strategy- Human Resource Strategy- Research and DevelopmentWeightage: 10% to 15%7.Organisation and Strategic Leadership- Organisation Structure- Strategic Business Unit- Strategic Leadership- Strategy Supportive Culture- Entrepreneurship and IntrapreneurshipWeightage: 10% to 15%8.Strategy Implementation and Control- Strategy Implementation- Strategic Change- Strategic Control- Strategy Audit- Business Process Reengineering- BenchmarkingCA Intermediate Financial Management and Economics For Finance Syllabus(One paper – Three hours – 100 Marks)Section A: Financial Management (60 Marks)Weightage: 10% to 15%1.Financial Management and Financial Analysis- Introduction to Financial Management Function* Objective and scope of financial management* Role and purpose* Financial management environment* Functions of finance executives in an organization* Financial distress and insolvency.- Financial Analysis through Ratios* Users of the financial analysis* Sources of financial data for analysis* Calculation and Interpretation of ratios:^ Analysing liquidity^ Analysing leverage^ Analysing solvency^ Analysing efficiency/ activity^ Analysing profitability* Limitations of ratio analysisWeightage: 40% to 45%2. Financing Decisions- Sources of Finance* Different Sources of Finance, Characteristics of different types of long term debt and equity finance, Method of raising long term finance* Different Sources of short term Finance* Internal fund as a source of finance* International sources of finance* Other sources of finance- Sale and leaseback, Convertible debt, Venture capital, Grants etc.- Lease Financing* Concept and Classification* Significance and Limitations of Lease Financing* Financial Evaluation of Leasing Decision- Cost of Capital* Significance of cost of capital* Factors of cost of capital* Measurement of costs of individual components of capital* Weighted average cost of capital (WACC)* Marginal cost of capital* Effective Interest rate- Capital Structure Decisions* Significance of capital structure* Determinants of capital structure* Capital structure planning and designing* Designing of optimum capital structure* Theories of Capital Structure and value of the firm- relevancy and Irrelevancy of capital structure.* EBIT- EPS Analysis, Breakeven- EBIT Analysis.* Under/ Over Capitalisation.- Leverages* Types of Leverages- Operating, Financial and Combined* Analysis of leveragesWeightage: 30% to 35%3.Capital Investment and Dividend Decisions- Capital Investment Decisions* Objective of capital investment decisions* Methods of Investment appraisal:^ Payback period, Discounted payback period^ Accounting Rate of Return (ARR),^ Net Present Value (NPV) - The meaning of NPV, Strengths and limitations of NPV method, The impact of taxation on the NPV analysis, The impact of Inflation on the NPV analysis, The working capital adjustment in an NPV analysis, Capital rationing, Equivalent Annual Costs, Adjusted present value^ Internal Rate of return (IRR)- Limitations of the IRR method, Multiple IRRs,^ Modified internal Rate of Return (MIRR)- Definition and explanation of MIRR, The process for calculating MIRR, Strengths of the MIRR approach.^ Profitability Index- Adjustment of Risk and Uncertainty in Capital Budgeting Decision* Probability Analysis* Certainty Equivalent Method* Risk Adjusted Discount Rate* Monte Carlo Simulation* Decision Tree Analysis* Scenario Analysis* Sensitivity Analysis- Dividend Decisions* Basics of Dividends* Forms of dividend* Determinants of dividend* Relevancy and Irrelevancy of Dividend Policies- Traditional Approach, Walter’s model, Gordon’s model, Modigliani and Miller (MM) Hypothesis.Weightage: 10% to 15%4.Management of Working Capital- Management of Working Capital* The management of working capital- Liquidity and Profitability* The Working capital financing decisions- Primary and Secondary Sources of Liquidity* The working Capital Cycle (operating Cycle), Effectiveness of Working Capital based on its operating and cash conversion cycles* Assessment of working capital requirement* Management of Accounts Receivables (Debtors)* Factoring and Forfaiting* Management of Accounts Payables (Creditors)* Management of Inventory* Management of Cash, Treasury management* Banking norms of working capital financeSection B: Economics For Finance (Marks: 40)Weightage: 20% to 30%1.Determination of National Income- Macro Economic Aggregates and Measurement of National Income- The Keynesian Theory of Determination of National IncomeWeightage: 20% to 30%2.The Money Market- The Concept of Money Demand: Important Theories of Demand for Money- The Concept of Money Supply- Monetary PolicyWeightage: 20% to 30%3.Public Finance- Fiscal functions: An Overview.- Market Failure- Government Interventions to Correct Market Failure- Fiscal PolicyWeightage: 20% to 30%4.International Trade- Theories of International Trade- Trade Policy – The Instruments of Trade Policy- Trade Negotiations- Exchange Rates and its economic effects- International Capital Movements: Foreign Direct InvestmentI hope this article will help you to check CA intermediate course new syllabus. 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