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CA Foundation Study Plan For 2023: Entire Syllabus, Exam Pattern And Weightage

CA Foundation Study Plan For 2023: Entire Syllabus, Exam Pattern And Weightage

  • 14 Nov 2022

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 test. Students can scroll down to see the entire CA foundation study plan and syllabus.

You may find all the most recent information about the 2023 CA Foundation exam pattern, and how many marks are required to clear the 2023 CA Foundation exam, the 2023 CA Foundation Study plan, how to crack the 2023 CA Foundation in first attempt preparation tips, and the 2023 CA Foundation marks weightage in the sections below.

The CA Curriculum has undergone a significant overhaul according to the Chartered Accountancy Institute. In India, the new CA CPT Course will substitute the CA Foundation Course with the CPT (Common Proficiency Course). 

Making the entry-level more challenging than before is the major goal of CA Foundation. By substituting the CA Foundation for CPT, the ICAI is introducing a new effort to prepare Chartered Accountants who are more productive

CA Foundation Exam Pattern 2023: Overview

Candidates who want to get a competitive advantage in exam preparation should be familiar with the CA Foundation examination format.

It also enables applicants to plan their time effectively and finish all sections of the CA Foundation exam 2023. 

Particulars

Details Of CA Foundation Exam

Exam

CA Foundation 

Conducting body

The Institute Of Chartered Accountants of India (ICAI)

Mode of exam

Online centre based

Exam Frequency

TWICE in a year

  • May (or June)
  • November (or December)

Level of exam

National level

Level of difficulty

Easy to Moderate

Number of Papers

The CA Foundation exam includes FOUR papers:

  • 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

Duration of the question papers


  • Paper 1 and 2 will be of 3 hours
  • Paper 3 and 4 will be of 2 hours

Paper’s Question Type


  • Paper 1 and 2 - Subjective
  • Paper 3 and 4 - Objective

Marks

Each paper will be of 100 marks.

Total marks

400

Marking scheme

For subjective (Paper 1 and 2) - NO negative marking

For objective papers (Paper 3 and 4) - ¼ mark will be deducted for every wrong answer

Medium of exam

English/Hindi except for Paper 2 (section b which will be in English only)

Eligibility

Class 12 Passed or Appearing for Class 12 in Current Year

Exemptions

Candidates with Equivalent Qualification or

Graduates and Post Graduates

Official Website

icai.org

 

CA Foundation Exam Pattern November 2023:

The CA Foundation Examination is administered by ICAI. The four subjects that make up the CA Foundation Syllabus. The CA Foundation paper pattern consists of 4 exams, each worth 100 marks and administered by the ICAI. The format of the CA Foundation Paper is both objective and subjective. For questions of a subjective nature, there is also a negative marking. The CA Foundation Examination is offered by the ICAI in both English and Hindi.

CA Foundation Exam Pattern 2023 (Topic-wise weightage):

Whether it's CA Foundation Accounts Paper Pattern Weightage or CA Foundation Law Question Paper Pattern Weightage, each CA Foundation paper has a different weightage to consider. 

The CA Foundation question paper pattern and the marks distribution may be seen in the table below:

CA Foundation Papers

Subjects

Marks Distribution

Paper 1

Principles And Practice Of Accounting

(100 Marks)

Paper 2

Business Laws And Business Correspondence 

Section A: Business Laws

Section B: Business Correspondence And

Reporting

(60 Marks)

(40 Marks)

Paper 3

Business Mathematics, Logical Reasoning,

And Statistics

 

Section A: Business Mathematics

Section B: Logical Reasoning

Section C: Statistics

(40 Marks)

(20 Marks)

(40 Marks)

Paper 4

Business Economics And Business &

Commercial Knowledge

Section A: Business Economics

Section B: Business and Commercial Knowledge

(60 Marks)

(40 Marks)

 

Topic-Wise Weightage:

 

The sections and topics covered by the CA Foundation exam are listed below: 

Paper 1: Principles And Practice Of Accounting - Marks: 100

Chapters

Marks Weightage 

1. Theoretical Framework

5%-10%

2. Accounting Process

3. Bank Reconciliation Statement

4. Inventories

5. Concept and Accounting of Depreciation

25%-30%

6. Accounting for Special Transactions

15%-20%

7. Final Accounts of Sole Proprietors

8. Partnership Accounts

9. Financial Statements of Not-for-Profit Organizations

30%-40%

10. Introduction to Company Accounts

10%-15%

 

Paper 2: Business Laws And Business Correspondence And Reporting: Marks - 100

The CA Foundation's second paper is divided into two sections. Business law is covered in Section A, while correspondence and reporting is covered in Section B.

Section A: Business Laws (60 Marks)

Chapters

Marks Weightage

1. The Indian Contract Act, 1872

25%-30%

2. The Sale of Goods Act, 1930

20%-25%

3. The Indian Partnership Act, 1932

20%-25%

4. The Limited Liability Partnership Act, 2008

5%-10%

5. The Companies Act, 2013

15%-20%

 

Section B: Business Correspondence And Reporting (40 Marks)

Chapters

Marks Weightage

Part I: Communication

1. Communication

10%-15%

Part II: Sentence Types and Word Power 

2. Sentence Types (Direct-Indirect, Active -Passive Speech)

3. Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes),

Phrasal verbs, Collocations and Idioms. 

20%-30%

Part III: Comprehension Passages and Note Making

4. Comprehension Passages 5. Note Making 

20%-30%

Part IV : Developing Writing Skills 

6. Introduction to Basic Writing 

7. Précis Writing 

8. Article Writing 

9. Report Writing 

10. Writing Formal Letters

11. Writing Formal Mails 

12. Resume Writing 

13. Meetings 

35%-40%

 

Paper 3: Business Mathematics, Logical Reasoning And Statistics: Marks - 100

CA Foundation exam paper - 3rd is also divided into 3 parts:

  • Business Mathematics
  • Logical Reasoning and Statistics

 

Part A: Business Mathematics (40 Marks)

Chapters

Marks Weightage

1. Ratio and Proportion, Indices and Logarithms

2. Equations and Matrices

3. Linear Inequalities with Objective Functions

and Optimization  

20%-30%

4. Time value of Money

30%-40%

5. Permutations and Combinations

6. Sequence and Series

7. Sets, Relations, and Functions

8. Basic applications of Differential and

Integral calculus

30%-50%

 

Part B: Logical Reasoning (20 Marks)

Chapters

Marks Weightage and Distribution

1. Number series, Coding, and Decoding

and odd man out

2. Direction Tests

3. Seating Arrangements

60%-70%

4. Blood Relations

5. Syllogism

30%-40%



 

 

Part C: Statistics (40 Marks)

Chapters

Marks Weightage and Distribution

1. Statistical description of Data 

2. Measures of Central tendency and Dispersion

45%-50%

3. Probability

4. Theoretical Distributions

25%-30%

5. Correlation and Regression

10%-15%

6. Index Numbers and Time Series

10%-15%

 

 

 

 

Paper 4: Business Economics And Business And Commercial Knowledge: Marks - 100

Part I: Business Economics (60 Marks)

Chapters

Marks Weightage and Distribution

1. Introduction to Business Economics

15%-20%

2. Theory of Demand and Supply 

3. Theory of Production and Cost

35%-40%

4. Price Determination in Different Markets

25%-30%

5. Business Cycles 

15%-20%

 

Part II: Business And Commercial Knowledge (40 Marks)

Chapters

Marks Weightage and Distribution

1. Introduction to Business

15%-18%

2. Business Environment

15%-18%

3. Business Organizations 

15%-20%

4. Government Policies for Business Growth

15%-18%

5. Organizations Facilitating Business

15%-18%

6. Common Business Terminologies

15%-18%

 

How many marks are required to clear CA Foundation?

To qualify for the CA Intermediate/IPCC exam, appearing candidates must receive a minimum of a 40% in each subject in addition to a 50% overall score.

The ICAI significantly changes the topic matter for the ca foundation study plan following the CA CPT examination.

Principles and Practices of Accounting (CA Foundation Accounts), the first paper of the CA Foundation, replaces Fundamentals of Accounting. Business Laws and Business Correspondence and Reporting, the second exam, now include the new topic of General English. In the ca foundation study plan, the aforementioned two papers are subjective. Business Mathematics, Logical Reasoning, and Statistics make up the third exam, while Business Economics and Business and Commercial Knowledge—which has just been added—make up the fourth exam. The final papers have the same purpose as earlier ones.

The 12th-grade students' first achievement is the CA Foundation. The CA Foundation test should be thoroughly understood by students. Students may review the CA Foundation Syllabus and Subjects after successfully registering for the CA Foundation. Before taking the exam, students must be familiar with the right CA examination format and scoring system.

It is advised that you select the top CA Foundation Test Series like CA Exams Test Series because CA Foundation is the initial stage. In order to assist them succeed in the exam, individuals who are having trouble or cannot find a decent CA Exams Test Series in their area can select the CA Exams Test Series to understand how to get air in ca foundation.

It is advised that students finish their CA Foundation course work and study materials prior to the exam so they have time to review the CA Foundation sample questions from previous years and the CA Foundation mock test.

Paper 1: Principles and 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 knowledge of fundamental ideas and their use in the initial preparation of financial accounts.

Paper 2: Business Laws and Business Correspondence and Reporting: This is CA Foundation's second paper. Business Laws and Business Correspondence are the two sections of the paper. Students will learn more about business law, corporate accounts, and other topics here. Check out the 2023 Business Correspondence and Reporting Syllabus and CA Foundation Business Laws.

Paper 3: Business Mathematics, Logical Reasoning and Statistics: Examine the 2023 syllabus for CA Foundation Business Mathematics, Logical Reasoning, and Statistics. Students will learn about fundamental statistics and mathematics as well as how they are used in the fields of business, finance, and economics in the third subject of the CA Foundation curriculum. to gain knowledge of the fundamental CA Foundation Maths curriculum, statistical techniques, and their use in business, finance, and economics. to refine CA Foundation logical thinking abilities and use those abilities in straightforward problem-solving.

Paper 4: Business Economics and Business and Commercial Knowledge: The fourth and last topic of the CA Foundation is this. These courses will aid students in developing a solid understanding of business economics. You can use these ideas and theories to solve straightforward problems.

What are the CA Foundation subjects, What number are there?

The four disciplines that make up the CA Foundation are: Business Laws, Business Correspondence & Recording, Principles and Practice of Accounting, and Statistics, logical reasoning, and business mathematics, Business and commercial knowledge; business economics.

What are the new CA Foundation's passing standards?

Candidates must receive a minimum of 40% in each subject and a total of 50% to pass.

Do CA Foundation exams have negative marking?

For each erroneous response to an objective question, 0.25 marks are deducted (paper 3 and 4)

In the CA Foundation exam, is the calculator permitted?

Yes. Calculators other than scientific ones and those with more than six functions, 12 digits, and two memory only are not permitted in the exam room.

How many hours should I spend studying for the ca foundation study plan?

The student should allocate at least 8 hours of study time per day, dividing their subjective and objective study time separately.

How many tries is the CA foundation permitted to make?

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

How to obtain the PDF of the CA Foundation syllabus for 2023?

From the ICAI website, students can get the CA Foundation syllabus in pdf format for the May and November 2023 tests. Alternately, you can download it directly from this page.

Is passing the CA Foundation exams challenging?

No, students can pass the CA Foundation examinations with ease. However, in order to do well on the CA Foundation exam, students must go over the entire syllabus, go over it twice, and prepare using practise tests.

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

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 2023 attempt till then.

What is the most effective strategy to crack ca foundation in first attempt?

The ideal strategy is to begin your preparation early and complete as many practise exams as you can. Additionally, be careful to revise every day.

Is the syllabus for the CA Foundation test long?

Yes, it is a bit drawn out. But if you plan ahead, you can pull it off with ease. Additionally, be sure to allow enough time for each subject.

After completing an MBA, may I register for the CA foundation course?

You are exempt from the CA foundation effort, the answer says. You can apply right away for the intermediate CA course.

When can I register for the CA Foundation if I am a 12th grader with exams in May? 

If you plan to take the CA Foundation exam in December, you can register in August.

Is purchasing journals required?

Not at all, no. That is the extra feature.

Can I apply for the course if I'm from Canada?

You can, in fact. At the time of registration, you must provide documentation of your nationality.

How long will it take me to receive my CA Foundation admit card for 2023?

Within 15 days of registration, your admission card will be sent to you. Those who are waiting should contact the registration office if it takes more than 20 days.

I entered the incorrect information. What ought I to do?

You have an opportunity to modify your information, which ICAI has given. For the first time, it's free. Your name and date of birth cannot be changed.

What is study time for ca foundation study plan, exactly?

The ICAI gives you a set amount of time between registering and the exam date for obligatory preparation. This four-month period of study is the preparation time.

 

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