A Quick Guide to CA Foundation Study Material
Study materials are the most important part of the preparation for an exam. They help you educate and equip yourself with the right knowledge needed to clear the exam. Without them, you will never be able to study or prepare for the exam. This applies to CA foundation study material as well.
The CA Foundation exam forms the base for future CA exams such as CA inter and CA final. It is also a mandatory exam for every candidate that chooses the CA foundation route. Hence, this exam is pivotal in your journey to become a CA.
Understanding the importance of this course, ICAI has provided all the material required to prepare for the exam. This includes material for all the four papers of CA, which are
Paper 1: Principles and Practice of Accounting,
Paper 2: Business Laws and Business Correspondence and Reporting,
Paper 3: Business Mathematics and Logical Reasoning & Statistics,
Paper 4: Business Economics and Business and Commercial Knowledge.
You can gain access to all the study materials needed here, on the ICAI’s website.
Along with the study material for May 2022, you will also get access to questions for practice, revision test papers, mock test papers, question papers of previous years, suggested answers, and references for quick revision. You can download this material at any time and from anywhere.
However, there is one issue here.
Before we start explaining how you can download this material or get the physical books, let us state a well-known fact.
You see, for many years now, CA foundation students have opted for coaching and mentoring to clear the exam. Certainly, it is very important because not every student can learn all the concepts in the study material by themselves. But the real issue is that most training and coaching institutes still practice the habits of rote learning and memorization.
This method is quite detrimental to the learning process because it will neither help you understand the concept nor does it help in retaining the knowledge necessary for clearing tough (and out-of-the-box) questions.
That’s where we come into the picture.
IndigoLearn provides the most interactive CA lessons in the entire country. We concentrate on providing value to our students by deciphering tough concepts into digestible chunks of visually rich information. This is why most of our students learn the concepts quickly and easily and spend more time revising the material.
If you want to check out how we do it, you can start with some of our free demo courses on our site, our explainer videos on our YouTube channel, or you can even download our App 1FIN to start practicing. We have 1000s of free MCQs available for you to practice and much more.
Once you gain confidence in our way of teaching, you can then subscribe to our full-time course for CA foundation, which is probably one of the best teaching solutions in the entire country.
The below steps will help you download the material.
Step 1: Go to the CA foundation material page on the ICAI site from any browser. Here’s the link: https://www.icai.org/post/foundation-course
Step 2: Open the material you need to download. For example, if you have to download material for paper 1, click on the paper 1 link, click on study material relevant, and click on the unit you need to download. This will open the pdf version of the material.
Step 3: Now on the top right corner, you will see a download option (shaped in the form of a down arrow). Click this download button to download the material onto your computer.
These are the three simple steps you need to use to download the main ICAI CA foundation material online. On the contrary, as a registered student, you can also get physical books sent to you as it is part of the registration process.
If you choose the physical version, these are all the books you will be getting:
Book 1 - Paper 1 - Principles and Practice of Accounting - Module 1 of 2
Book 2 - Paper 1 - Principles and Practice of Accounting - Module 2 of 2
Book 3 - Paper 2 - Business Laws - Section A
Book 4 - Paper 2 - Business Correspondence and Reporting - Section B
Book 5 - Paper 3 - Business Mathematics, Logical Reasoning and Statistics
Book 6 - Paper 4 - Business Economics - Part I
Book 7 - Paper 4 - Business and Commercial Knowledge - Part II
These are the physical books that you will get after registration.
However, for subject-wise notes, subject-wise question papers, MCQs, and any other material, you will have to access the online portal.
While all this material does help, you will still need a mentor that can assist you in understanding all these subjects. It will lay a solid foundation for your entire CA journey. We can help you with that in IndigoLearn.
Reach out to us today if you have any questions. We would be happy to talk to you.
The material provided by ICAI is the best. However, you need the right guidance to help you understand all the concepts, chapters, and units of this material.
Yes, it is sufficient for clearing the examination but easy to understand notes like those provided by IndigoLearn and self-written short notes are always dependable.
Yes, they provide free material. You can access it from their online portal.
It is official study material provided by ICAI to help students prepare for the CA foundation exam.
Yes, if you are confident in handling all the material by yourself. Why not? However, if you are not feeling confident enough, then you would need a coach or mentor.
It is hard enough to crack it. Look, there is no doubt that CA exams are tough but that should not be the reason to get scared. Getting the right guidance will never make you feel that way.