CA Foundation Exam Syllabus

The CA Foundation 2023 Syllabus for the May and November Exams has been made available by ICAI. It is important for students to understand the subject's goal as well as the topics and subtopics they will be studying before taking the CA Exams. Students can scroll down to see the entire CA foundation exam schedule and syllabus.

CA Foundation Syllabus

Paper 1: Principle of Practices of Accounting

Principles and Practices of Accounting replaces Fundamentals of Accounting. Students in the 11th and 12th grades went through this basic accounting understanding. The grasp of fundamental ideas and their use in the initial preparation of financial accounts syllabus. It is a three hours long paper with 100 marks.

Module 1

• • Initial Pages
  • Chapter 1: Theoretical Framework
    • Unit 1: Meaning and Scope of Accounting
    • Unit 2: Accounting Concepts, Principles And Conventions
    • Unit 3: Accounting Terminology – Glossary
    • Unit 4: Capital And Revenue Expenditures and Receipts
    • Unit 5: Contingent Assets and Contingent Liabilities
    • Unit 6: Accounting Policies
    • Unit 7: Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates
    • Unit 8: Accounting Standards
    • Unit 9: Indian Accounting Standards
       
  • Chapter 2: Accounting Process
    • Unit 1: Basic Accounting Procedures - Journal Entries
    • Unit 2: Ledgers
    • Unit 3: Trial Balance
    • Unit 4: Subsidiary Books
    • Unit 5: Cash Book
    • Unit 6: Rectification of Errors
       
  • Chapter 3: Bank Reconciliation Statement
  • Chapter 4: Inventories
  • Chapter 5: Concept and Accounting of Depreciation
  • Chapter 6: Accounting for Special Transactions
    • Unit 1: Bill Of Exchange and Promissory Notes
    • Unit 2: Sale of Goods on Approval or Return Basis
    • Unit 3: Consignment
    • Unit 4: Average Due Date
    • Unit 5: Account Current
       
• Module-2
  • Initial Pages
  • Chapter 7: Preparation of Final Accounts of Sole Proprietors
    • Unit 1: Final Accounts of Non-Manufacturing Entities
    • Unit 2: Final Accounts of Manufacturing Entities
       
  • Chapter 8: Partnership Accounts
    • Unit 1: Introduction to Partnership Accounts
    • Unit 2: Treatment of Goodwill in Partnership Accounts
    • Unit 3: Admission of a New Partner
    • Unit 4: Retirement of a Partner
    • Unit 5: Death of a Partner
       
  • Chapter 9: Financial Statements of Not-for-Profit Organizations
  • Chapter 10: Company Accounts
    • Unit 1: Introduction to Company Accounts
    • Unit 2: Issue, Forfeiture and Re-Issue of Shares
    • Unit 3: Issue of Debentures

Paper 2: Business Laws and Business Correspondence and Reporting

Paper 2 is a three-hour paper with a maximum weight of 100 marks that covers the majority of material associated with Business Laws and Business Correspondence and Reporting. The CA Foundation Law syllabus comprises primarily of theory and requires accurate comprehension. Students should therefore finish this syllabus as soon as possible so they can revise it at least twice.

• Paper-2: Sec-A: Business Laws

• Initial Pages
• Chapter 1: The Indian Contract Act, 1872
  • Unit 1: Nature of Contracts
  • Unit 2: Consideration
  • Unit 3: Other Essential Elements of a Contract
  • Unit 4: Performance of Contract
  • Unit 5: Breach of Contract and its Remedies
  • Unit 6: Contingent and Quasi Contracts
     
• Chapter 2: The Sale of Goods Act, 1930
  • Unit 1: Formation of the Contract of Sale
  • Unit 2: Conditions & Warranties
  • Unit 3: Transfer of Ownership and Delivery of Goods
  • Unit 4: Unpaid Seller
     
• Chapter 3: The Indian Partnership Act, 1932
  • Unit 1: General Nature of a Partnership
  • Unit 2: Relations of Partners
  • Unit 3: Registration and Dissolution of a Firm
     
• Chapter 4: The Limited Liability Partnership Act, 2008
• Chapter 5: The Companies Act, 2013

Paper-2: Sec-B: Business Correspondence and Reporting

Study Material applicable for May, 2022 examination onwards

• Initial Pages
• Chapter 1: Communication
• Chapter 2: Sentence Types, Active-Passive Voice and Direct-Indirect Speech
• Chapter 3: Vocabulary
• Chapter 4: Comprehension Passages
• Chapter 5: Note Making
• Chapter 6: Introduction to Basics of Writing
• Chapter 7: Precis Writing
• Chapter 8: Article Writing
• Chapter 9: Report Writing
• Chapter 10: Formal Letters and Official Communication
  • Part I: Formal Letters
  • Part II: Official Communication
     
• Chapter 11: Writing Formal Mails
• Chapter 12: Resume Writing
• Chapter 13: Meetings

Study Material relevant for May, 2021 examination onwards

• Initial Pages
• Chapter 1: Communication
• Chapter 2: Sentence Types and Direct-Indirect, Active-Passive Speech
• Chapter 3: Vocabulary
• Chapter 4: Comprehension Passages
• Chapter 5: Note Making
• Chapter 6: Introduction to Basics of Writing
• Chapter 7: Precis Writing
• Chapter 8: Article Writing
• Chapter 9: Report Writing
• Chapter 10: Writing Formal Letters and Official Communication
  • Part I: Formal Letters
  • Part II: Official Communication
     
• Chapter 11: Writing Formal Mails
• Chapter 12: Resume Writing
• Chapter 13: Meetings

Study Material relevant for November, 2020 examination

• Initial Pages
• Chapter 1: Communication
• Chapter 2: Sentence Types and Direct-Indirect, Active-Passive Speech
• Chapter 3: Vocabulary
• Chapter 4: Comprehension Passages
• Chapter 5: Note Making
• Chapter 6: Introduction to Basics of Writing
• Chapter 7: Precis Writing
• Chapter 8: Article Writing
• Chapter 9: Report Writing
• Chapter 10: Writing Formal Letters and Official Communication
  • Part I: Formal Letters
  • Part II: Official Communication
     
• Chapter 11: Writing Formal Mails
• Chapter 12: Resume Writing
• Chapter 13: Meetings

Paper 3: Business Mathematics & Logical Reasoning and Statistics

The third CA Foundation paper is on Business Mathematics. It helps with the growth of students' basic mathematical, logical, and statistical knowledge. The CA Foundation math syllabus has applications in the business, finance, and economics fields and aids students in building a logical problem-solving foundation. The math syllabus for the CA Foundation exam consists of 40 marks. While the statistics syllabus carries 40 points and the logic syllabus 20 points. The Business Mathematics, Logical Reasoning, and Statistics exam is a two-hour, 100 marks test.

Study Material applicable for May, 2022 examination onwards

• Initial Pages
• Part-A: Business Mathematics
  • Chapter 1: Ratio and Proportion, Indices, Logarithms
  • Chapter 2: Equations
  • Chapter 3: Linear Inequalities
  • Chapter 4: Time Value of Money
  • Chapter 5: Basic Concepts of Permutations and Combinations
  • Chapter 6: Sequence and Series - Arithmetic and Geometric Progressions
  • Chapter 7: Sets, Functions and Relations
  • Chapter 8: Basic Concepts of Differential and Integral Calculus
    • (A) Differential Calculus
    • (B) Integral Calculus
       
• Part-B: Logical Reasoning
  • Chapter 9: Number Series, Coding and Decoding and Odd Man Out
  • Chapter 10: Direction Tests
  • Chapter 11: Seating Arrangements
  • Chapter 12: Blood Relations
     
• Part-C: Statistics
  • Chapter 13: Statistical Description of Data
  • Chapter 14: Measures of Central Tendency and Dispersion
    • Unit I: Measures of Central Tendency
    • Unit II: Dispersion
       
  • Chapter 15 : Probability
  • Chapter 16: Theoretical Distributions
  • Chapter 17: Correlation And Regression
  • Chapter 18: Index Numbers
  • Appendices

Study Material relevant for May, 2021 examination onwards

• Initial Pages
• Part-A: Business Mathematics
  • Chapter 1: Ratio and Proportion, Indices, Logarithms
  • Chapter 2: Equations and Matrices
    • Unit I: Equations
    • Unit II: Matrices
       
  • Chapter 3: Linear Inequalities
  • Chapter 4: Time Value of Money
  • Chapter 5: Basic Concepts of Permutations and Combinations
  • Chapter 6: Sequence and Series - Arithmetic and Geometric Progressions
  • Chapter 7: Sets, Functions and Relations
  • Chapter 8: Basic Concepts of Differential and Integral Calculus
    • (A) Differential Calculus
    • (B) Integral Calculus
       
• Part-B: Logical Reasoning
  • Chapter 9: Number Series, Coding and Decoding and Odd Man Out
  • Chapter 10: Direction Tests
  • Chapter 11: Seating Arrangements
  • Chapter 12: Blood Relations
  • Chapter 13: Syllogism
     
• Part-C: Statistics
  • Chapter 14: Statistical Description of Data
  • Chapter 15: Measures of Central Tendency and Dispersion
    • Unit I: Measures of Central Tendency
    • Unit II: Dispersion
       
  • Chapter 16 : Probability
  • Chapter 17: Theoretical Distributions
  • Chapter 18: Correlation And Regression
  • Chapter 19: Index Number and Time Series
    • Unit I: Index Numbers
    • Unit II: Time Series
       
  • Appendices

Study Material relevant for November, 2020 examination

• Initial Pages
• Part-A: Business Mathematics
  • Chapter 1: Ratio and Proportion, Indices, Logarithms
  • Chapter 2: Equations and Matrices
    • Unit I: Equations
    • Unit II: Matrices
       
  • Chapter 3: Linear Inequalities
  • Chapter 4: Time Value of Money
  • Chapter 5: Basic Concepts of Permutations and Combinations
  • Chapter 6: Sequence and Series - Arithmetic and Geometric Progressions
  • Chapter 7: Sets, Functions and Relations
  • Chapter 8: Basic Concepts of Differential and Integral Calculus
    • (A) Differential Calculus
    • (B) Integral Calculus
       
• Part-B: Logical Reasoning
  • Chapter 9: Number Series, Coding and Decoding and Odd Man Out
  • Chapter 10: Direction Tests
  • Chapter 11: Seating Arrangements
  • Chapter 12: Blood Relations
  • Chapter 13: Syllogism
     
• Part-C: Statistics
  • Chapter 14: Statistical Description of Data
  • Chapter 15: Measures of Central Tendency and Dispersion
    • Unit I: Measures of Central Tendency
    • Unit II: Dispersion
       
  • Chapter 16 : Probability
  • Chapter 17: Theoretical Distributions
  • Chapter 18: Correlation And Regression
  • Chapter 19: Index Number and Time Series
    • Unit I: Index Numbers
    • Unit II: Time Series
       
  • Appendices

Paper 4: Business Economics and Business and Commercial Knowledge

The fourth and last subject of the CA Foundation is Business Economics.  Students can learn about business economics in this course and utilise their newfound knowledge to solve straightforward problems.

Paper-4: Part-I: Business Economics

• Initial Pages
• Chapter 1: Nature & Scope of Business Economics
  • Unit I: Introduction
  • Unit II: Basic Problems of an Economy & Role of Price Mechanism
     
• Chapter 2: Theory of Demand and Supply
  • Unit I: Law of Demand and Elasticity of Demand
  • Unit II: Theory of Consumer Behaviour
  • Unit III: Supply
     
• Chapter 3: Theory of Production and Cost
  • Unit I: Theory of Production
  • Unit II: Theory of Cost
     
• Chapter 4: Price Determination in Different Markets
  • Unit I: Meaning and Types of Markets
  • Unit II: Determination of Prices
  • Unit III: Price Output Determination under Different Market Forms
     
• Chapter 5: Business Cycles
• Glossary
• Questions for Practice
• Additional Questions

Study Material relevant for May, 2021 examination onwards

• Initial Pages
• Chapter 1: Nature & Scope of Business Economics
  • Unit I: Introduction
  • Unit II: Basic Problems of an Economy & Role of Price Mechanism
     
• Chapter 2: Theory of Demand and Supply
  • Unit I: Law of Demand and Elasticity of Demand
  • Unit II: Theory of Consumer Behaviour
  • Unit III: Supply
     
• Chapter 3: Theory of Production and Cost
  • Unit I: Theory of Production
  • Unit II: Theory of Cost
     
• Chapter 4: Meaning and Types of Markets
  • Unit I: Meaning and Types of Markets
  • Unit II: Determination of Prices
  • Unit III: Price Output Determination under Different Market Forms
     
• Chapter 5: Business Cycles
• Glossary
• Questions for Practice

Study Material relevant for November, 2020 examination

• Initial Pages
• Chapter 1: Nature & Scope of Business Economics
  • Unit I: Introduction
  • Unit II: Basic Problems of an Economy & Role of Price Mechanism
     
• Chapter 2: Theory of Demand and Supply
  • Unit I: Law of Demand and Elasticity of Demand
  • Unit II: Theory of Consumer Behaviour
  • Unit III: Supply
     
• Chapter 3: Theory of Production and Cost
  • Unit I: Theory of Production
  • Unit II: Theory of Cost
     
• Chapter 4: Meaning and Types of Markets
  • Unit I: Meaning and Types of Markets
  • Unit II: Determination of Prices
  • Unit III: Price Output Determination under Different Market Forms
     
• Chapter 5: Business Cycles
• Glossary
• Self-Examination Questions

Paper-4 Part-II: Business and Commercial Knowledge

Study Material applicable for May, 2022 examination onwards

• Initial Pages
• Chapter 1: Business and Commercial Knowledge – An Introduction
• Chapter 2: Business Environment
• Chapter 3: Business Organizations
• Chapter 4: Government Policies for Business Growth
• Chapter 5: Organizations Facilitating Business
• Chapter 6: Common Business Terminologies
• Additional Questions

Study Material relevant for May, 2021 examination onwards

• Initial Pages
• Chapter 1: Business and Commercial Knowledge – An Introduction
• Chapter 2: Business Environment
• Chapter 3: Business Organizations
• Chapter 4: Government Policies for Business Growth
• Chapter 5: Organizations Facilitating Business
• Chapter 6: Common Business Terminologies

Frequently Asked Questions

Q. What are the new CA Foundation's passing criteria?

A. Candidates must receive 40% in each topic individually and 50% overall to pass.

Q. Does CA Foundation have negative marking?

A. In objective questions, there is a negative marking of 0.25 marks for each incorrect response (paper 3 and 4)

Q. What number of tries are permitted by the CA foundation?

A. Your registration with the CA foundation is good for three years. A candidate can therefore attempt six times before having to re-register.

Q. Do 12th-grade grades matter for CA?

A. No minimum grade or percentage is needed to take the CA Foundation Exams. You can only take the test if you pass your 10+2 exams.

Q. When will the ICAI announce the 2023 exam's CA Foundation Syllabus?

A. The CA Foundation 2023 syllabus will shortly be made available on the ICAI's official website. Students can read through the CA syllabus that applies to the 2022 attempt till then.

Q. How long would it take me to receive my CA Foundation admit card for 2022?

A. After you register, your admission card is sent to you within 15 days. Those who are waiting should contact the registration office if it takes more than 20 days.