What is the syllabus and how to study?
CA Foundation is indeed the foundation step in your CA journey. It is therefore important to clearly understand the CA foundation syllabus and subjects, as it will help you gain an insight into what you can expect during the exams and prepare for it accordingly.
You can get access to the ICAI’s complete material to the CA foundation here.
It is natural that most students face a lot of difficulty in understanding these core subjects. Also, the learning curve can also be very stressful and scary. If you are feeling the same way, then you don’t have to anymore.
We can certainly help you with the learning process. Along with the free notes that you can find on our website and our App 1FIN, you can also join our CA foundation course which has brilliant faculty, who explain every concept and subject in a detailed and easy-to-understand manner.
As a student, you need a way to easily understand and comprehend tough concepts, so you can retain the knowledge for a long time. That’s why we utilize various visualization techniques and methods to break down each concept and give you the crux of the matter in a simplified manner.
We already know that the CA foundation is conducted twice every year in the months of May and November. So, it is time to start preparing for your exams by understanding the syllabus properly and by utilizing all the available material.
Also, at the end of this list, you will find some important information related to preparation. So, do check it out.
CA Foundation Syllabus |
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Paper 1: Principles and Practices of Accounting |
Weightage |
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1. Theoretical Framework |
Meaning and Scope of accounting |
5% - 10% |
Accounting Concepts, Principles and Conventions |
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Accounting terminology - Glossary |
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Capital and revenue expenditure, Capital and revenue receipts, Contingent assets and contingent liabilities |
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Accounting Policies |
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Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates |
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Accounting Standards – Concepts and Objectives |
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Indian Accounting Standards – Concepts and Objectives |
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2. Accounting Process |
Books of Accounts |
25% - 30% |
Preparation of Trial Balance |
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Rectification of Errors |
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3. Bank Reconciliation Statement |
Introduction, reasons, preparation of bank reconciliation statement |
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4. Inventories |
Cost of inventory, Net realizable value, Basis and technique of inventory valuation and record keeping |
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5. Concept and Accounting of Depreciation |
Concepts, Methods of computation and accounting treatment of depreciation, Change in depreciation methods |
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6. Accounting for Special Transactions |
Bills of exchange and promissory notes |
15% - 20% |
Sale of goods on approval or return basis |
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Consignments |
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Average due Date |
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Account Current |
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7. Final Accounts of Sole Proprietors |
Elements of financial statements, Closing Adjustment Entries, Trading Account, Profit and Loss Account and Balance Sheet of Manufacturing and Non-manufacturing entities |
30% - 40% |
8. Partnership Accounts |
Final Accounts of Partnership Firms |
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Admission, Retirement and Death of a Partner including Treatment of Goodwill |
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Introduction to LLPs and Distinction of LLPs from Partnership |
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9. Financial Statements of Not-for-Profit Organizations |
Significance of Receipt and Payment Account, Income and Expenditure Account and Balance Sheet, Difference between Profit and Loss Account and Income and Expenditure Account. Preparation of Receipt and Payment Account, Income and Expenditure Account and Balance Sheet |
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10. Introduction to Company Accounts |
Definition of shares and debentures |
10% - 15% |
Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares |
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Statement of Profit and Loss and Balance Sheet as per Schedule III to the Companies Act, 2013 |
Paper 2: Business Laws and Business Correspondence and Reporting |
Weightage |
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Section A: Business Laws (60 Marks) |
The Indian Contract Act, 1872 |
25% - 35% |
The Sale of Goods Act, 1930 |
20% - 25% |
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The Indian Partnership Act, 1932 |
20% - 25% |
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The Limited Liability Partnership Act, 2008 |
5% - 10% |
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The Companies Act, 2013 |
15% - 20% |
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Section B: Business Correspondence and Reporting (40 Marks) |
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Part I: Communication |
10% - 15% |
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1. Communication |
(i) Types |
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(ii) Directions |
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(iii) Network |
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(iv) Process |
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(v) Problems |
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(vi) Barriers |
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(vii) Types of Communication |
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(viii) Sample Questions with Answers |
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(ix) Exercises |
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Part II : Sentence Types and Word Power |
20% - 30% |
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2. Sentence Types (Direct-Indirect, Active-Passive Speech) |
(i) Sentence: Definition |
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(ii) Classification of sentence based on connotation |
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(iii) Sentence Structure |
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(iv) Types of sentences |
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(v) Direct-Indirect Speech |
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(vi) Active Passive Voice: Introduction |
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(vii) Verbs Voice Active or passive |
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(viii) Exercises |
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3. Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations and Idioms |
(i) Introduction |
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(ii) Significance of improving vocabulary |
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(iii) How to improve vocabulary |
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(iv) Root words |
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(v) Synonyms and Antonyms |
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(vi) Words formed by using Prefixes |
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(vii) Words formed by using Suffixes |
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(viii) Phrasal verbs |
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(ix) Collocations |
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(x) Idioms |
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(xi) Exercises |
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Part III : Comprehension Passages and Note Making |
20% - 30% |
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4. Comprehension Passages |
(i) Introduction to Comprehension Passages |
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(ii) Points to ponder |
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(iii) Sample Passages with answers |
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(iv) Exercises |
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5. Note Making |
(i) Introduction to Note Making |
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(ii) Significance of Note Making |
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(iii) Detailed Format Heading(Title) |
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(iv) Steps to Comprehend and summarize text |
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(v) Helpful Hints |
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(vi) Sample Passages with Notes |
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(vii) Exercises |
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Part IV : Developing Writing Skills |
35% - 40% |
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6. Introduction to Basic Writing |
(i) Introduction |
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(ii) Process of writing |
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(iii) Styles of Writing |
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(iv) Significance of writing skills for students |
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(v) Writing Conventions |
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(vi) Characteristics of good writing |
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(vii) Do’s and Don’ts of good writing |
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7. Précis Writing |
(i) What is Précis writing? |
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(ii) Features of good Précis writing |
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(iii) How to write a Précis |
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(iv) Do’s and Don’ts of Précis writing |
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(v) Examples (Passages with Précis) |
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(vi) Exercises |
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8. Article Writing |
(i) What is an Article? |
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(ii) Essential elements of Article Writing |
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(iii) Detailed Format |
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9. Report Writing |
(i) What is a Report? |
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(ii) Essential elements of Report Writing |
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(iii) Kinds of Reports |
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(iv) Detailed Format for (iii) above |
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10. Writing Formal Letters |
(i) Types of Letters |
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(ii) Detailed format for (i) above |
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(iii) Points to Remember |
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(iv) Sample Letters |
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(v) Exercises |
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11. Writing Formal Mails |
(i) How to Write a Formal Mail? |
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(ii) Writing Effective Mails |
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(iii) Essential elements of Mails |
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(iv) Tips and Conventions of Mails |
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(v) Sample Mails |
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(vi) Exercises |
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12. Resume Writing |
(i) Essential Elements of Resume |
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(ii) Resume Writing Tips and Conventions |
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(iii) Sample Resumes |
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(iv) Exercises |
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13. Meetings |
(i) Notice |
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(ii) Agenda |
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(iii) Drafting minutes |
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(iv) Action Taken Report |
Paper 3: Business Mathematics, Logical Reasoning and Statistics |
Weightage |
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Part A: Business Mathematics (40 Marks) |
Ratio and Proportion, Indices and Logarithms |
20% - 30% |
Equations and Matrices |
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Linear Inequalities with Objective Functions and Optimization w.r.t. objective function |
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Time value of Money |
30% - 40% |
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Permutations and Combinations |
30% - 50% |
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Sequence and Series |
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Sets, Relations and Functions |
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Basic Applications of Differential and Integral Calculus |
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Part B: Logical Reasoning (20 Marks) |
Number series, Coding and Decoding and odd man out |
60% - 70% |
Direction Tests |
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Seating Arrangements |
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Blood Relations |
30% - 40% |
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Syllogism |
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Part C: Statistics (40 Marks) |
Statistical description of Data |
45% - 50% |
Measures of Central tendency and Dispersion |
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Probability |
25% - 30% |
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Theoretical Distributions |
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Correlation and Regression |
10% - 15% |
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Index Numbers and Time Series |
10% - 15% |
Paper 4: Business Economics and Business and Commercial Knowledge |
Weightage |
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Part I: Business Economics (60 Marks) |
Introduction to Business Economics |
15% - 20% |
Theory of Demand and Supply |
35% - 40% |
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Theory of Production and Cost |
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Price Determination in Different Markets |
25% - 30% |
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Business Cycles |
15% - 20% |
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Part II: Business and Commercial Knowledge (40 Marks) |
Business and Commercial Knowledge – An Introduction |
15% - 18% |
Business Environment |
15% - 18% |
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Business Organizations |
15% - 20% |
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Government Policies for Business Growth |
15% - 18% |
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Organizations Facilitating Business |
15% - 18% |
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Common Business Terminologies |
15% - 18% |
This is the entire course structure along with its weightage. Remember to study each subject in depth because they not only lay the foundation for your future but they also will help you score good marks.
Just a few instructions for you to remember:
Now that you have all the information needed, start preparing for your exam strategically. You can check out our free CA foundation demo course here and enroll in the full course here. All the very best!!