CA Foundation Syllabus

CA Foundation Syllabus  Highlights

Particulars

Details

Examination name

CA Foundation exam , earlier known as CA CPT (Common Proficiency Test)

Exam conducting body

The Institute Of Chartered Accountants of India (ICAI)

Exam mode

Pen-paper-based or offline

Exam frequency

Thrice a year January, May/June, or September

Exam level

National Level

Exam difficulty

Easy to moderate

Number of paper

4

Paper names

• Paper 1 – Principles and Practice of Accounting

• Paper 2 – Business Laws and Business Correspondence and Reporting

• Paper 3 – Business Mathematics, Logical Reasoning and Statistics

• Paper 4 – Business Economics and Business and Commercial Knowledge

Exam duration

3 hours for Paper 1 and Paper 2

2 hours for Paper 3 and Paper 4

Maximum marks for each paper

100

Total marks for all 4 papers

400

Marking scheme

There will be no negative marking in Papers 1 and 2 as questions will be descriptive. However,  ¼ mark will be deducted for every wrong answer in Paper 3 and Paper 4 as questions will be multiple-choice.

Medium of exam

English/Hindi except section B for Paper 2

CA Foundation Exam Pattern 

Sl. No

Paper Name

Marks

Type of Questions

Paper 1

Accounting

100 Marks

Objective

Paper 2

Business Laws

100 Marks

Objective

Paper 3

Quantitative Aptitude:

Part A: Business Mathematics

Part B: Logical Reasoning

Part C: Statistics

100 Marks 

Part A: 40 Marks  

Part B: 20 Marks 

Part C: 40 Marks

Subjective

Paper 4

Business Economics

100 Marks

Subjective

CA Foundation Syllabus for Accounting

Chapters

Units

Module 1

Chapter 1: Theoretical Framework

• Meaning and Scope of Accounting

• Accounting Concepts, Principles and Conventions

• Capital and Revenue Expenditures and Receipts

• Contingent Assets and Contingent Liabilities

• Accounting Policies

• Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates

• Accounting Standards

Chapter 2: Accounting Process

• Basic Accounting Procedures – Journal entries

• Ledgers

• Trial Balance

• Subsidiary Books

• Cash Book

• Rectification of Errors

Chapter 3: Bank Reconciliation and Statement

–

Chapter 4: Inventories

–

Chapter 5: Depreciation and Amortisation

–

Chapter 6: Bills of Exchange and Promissory Notes

–

Chapter 7: Preparation of Final Accounts of Sole Proprietors

• Final Accounts of Non-Manufacturing Entities

• Final Accounts of Manufacturing Entities

Module 2

Chapter 8: Financial Statements of Not-for-Profit Organisations

–

Chapter 9: Accounts from Incomplete Records

–

Chapter 10: Partnership and LLP Accounts

• Introduction to Partnership Accounts

• Treatment of Goodwill in Partnership Accounts

• Admission of a New Partner

• Retirement of a Partner

• Death of a Partner

• Dissolution of Partnership Firms and LLPs

• Annexure-II

Chapter 11: Company Accounts

• Introduction to Company Accounts

• Issue, Forfeiture and Re-Issue of Shares

• Issue of Debentures

• Accounting for Bonus Issue and Right Issue

• Redemption of Preference Shares

• Redemption of Debentures

CA Foundation Syllabus for Business Laws

Chapter

Units

Chapter 1: Indian Regulatory Framework

–

Chapter 2: The Indian Contract Act, 1872

• Nature of Contracts

• Consideration

• Other Essential Elements of a Contract

• Performance of Contract

• Breach of Contract and its Remedies

• Contingent and Quasi Contracts

• Contract of Indemnity and Guarantee Bailment and Pledge

• Agency

Chapter 3: The Sale of Goods Act, 1930

• Formation of the Contract of Sale

• Conditions & Warranties

• Transfer of Ownership and Delivery of Goods

• Unpaid Seller

Chapter 4: The Indian Partnership Act, 1932

• General Nature of Partnership

• Relations of Partners

• Registration and Dissolution of a Firm

Chapter 5: The Limited Liability Partnership Act, 2008

–

Chapter 6: The Companies Act, 2013

–

Chapter 7: The Negotiable Instruments Act, 1881

–

CA Foundation Syllabus for Quantitative Aptitude

Part A – Business Mathematics

Chapter 1: Ratio and Proportion, Indices, Logarithms

Chapter 5: Basic Concepts of Permutations and Combinations

Chapter 2: Equations

Chapter 6: Sequence and Series – Arithmetic and Geometric Progressions

Chapter 3: Linear Inequalities

Chapter 7: Sets, Relations and Functions, Basics of Limits and Continuity functions

Chapter 4: Mathematics of Finance

Chapter 8: Basic Applications of Differential and Integral Calculus in Business and Economics(A) Differential Calculus (B) Integral Calculus

PART – B : Logical Reasoning

Chapter 9: Number Series, Coding and Decoding and Odd Man Out

Chapter 11: Seating Arrangements

Chapter 10: Direction Tests

Chapter 12: Blood Relations

PART-C: Statistics

Chapter 13:Unit I: Statistical Representation of DataUnit II: Sampling

Chapter 14: Measures of Central Tendency and DispersionUnit I: Measures of Central TendencyUnit II: Dispersion

Chapter 15: Probability

Chapter 16: Theoretical Distributions

Chapter 17: Correlation and Regression

Chapter 18: Index Numbers

CA Foundation Syllabus for Business Economics

Chapter

Units

Chapter 1: Nature & Scope of Business Economics

• Introduction

• Basic Problems of an Economy & Role of Price Mechanism

Chapter 2: Theory of Demand and Supply

• Law of Demand and Elasticity of Demand

• Theory of Consumer Behaviour

• Supply

Chapter 3: Theory of Production and Cost

• Theory of Production

• Theory of Cost

Chapter 4: Price Determination in Different Markets

• Meaning and Types of Markets

• Determination of Prices

• Price Output Determination under Different Market Forms

Chapter 5: Business Cycles

–

Chapter 6: Determination of National Income

• National Income Accounting

• The Keynesian Theory of Determination of National Income

Chapter 7: Public Finance

• Fiscal Functions: An Overview, Centre and State Finance

• Market Failure/ Government intervention to correct Market Failure

• The Process of Budget Making: Sources of Revenue, Expenditure Management and Management of Public Debt

• Fiscal Policy

Chapter 8: Money Market

• The Concept of Money Demand: Important Theories

• The Concept of Money Supply

• Monetary Policy

Chapter 9: International Trade

• Theories of International Trade

• The Instruments of Trade Policy

• Trade Negotiations

• Exchange Rate and Its Economic Effects

• International Capital Movements

Chapter 10: Indian Economy

–