CA Foundation Exam

The CA Foundation exam is the entry point for the Chartered Accountancy course in India. It is conducted twice a year by the Institute of Chartered Accountants of India (ICAI).

Syllabus:

The CA Foundation exam consists of four papers:

⚫ Paper 1: Principles and Practice of Accounting (100 marks)
⚫ Paper 2: Business Laws and Business Correspondence and Reporting (100 marks)
⚫ Paper 3: Business Mathematics, Logical Reasoning and Statistics (100 marks)
⚫ Paper 4: Business Economics and Business and Commercial Knowledge (100 marks)

Exam Pattern:
⚫ Papers 1 and 2 are subjective type papers, each carrying 100 marks.
⚫ Papers 3 and 4 are objective type papers, each carrying 100 marks.
⚫ There is negative marking for incorrect answers in Papers 3 and 4. One-fourth mark is deducted for each wrong answer.
⚫ The exam is conducted for a total of 400 marks, with each paper carrying 100 marks.
⚫ The duration of each paper is 3 hours.

Here is a more detailed look at the syllabus and pattern of each paper:

Paper 1: Principles and Practice of Accounting
⚫ This paper covers the basics of accounting, including accounting concepts, principles, and conventions, journalizing, ledger posting, trial balance, final accounts, etc.

Paper 2: Business Laws and Business Correspondence and Reporting
⚫ This paper covers the basics of business law, including the Indian Contract Act, the Sale of Goods Act, the Negotiable Instruments Act, the Companies Act, etc.
⚫ It also covers business correspondence and reporting, including the writing of business letters, emails, and reports.

Paper 3: Business Mathematics, Logical Reasoning and Statistics
⚫ This paper covers the basics of business mathematics, logical reasoning, and statistics.
⚫ The business mathematics section covers topics such as ratio and proportion, indices and logarithms, equations, etc.
⚫ The logical reasoning section covers topics such as syllogisms, critical reasoning, etc.
⚫ The statistics section covers topics such as measures of central tendency, measures of dispersion, correlation, regression, etc.

Paper 4: Business Economics and Business and Commercial Knowledge
⚫ This paper covers the basics of business economics, including microeconomics, macroeconomics, money and banking, international trade, etc.
⚫ It also covers business and commercial knowledge, including the Indian economy, business organization, marketing, finance, human resource management, etc.

Here are some resources that you can use to prepare for the CA Foundation exam:
⚫ The Institute of Chartered Accountants of India (ICAI) website: https://www.icai.org/
⚫ The ICAI's Foundation Course Study Material
⚫ Various coaching institutes and online courses