Weightage And Duration Of CA Foundation Exams

This article will inform us of the ICAI-recommended CA Foundation test pattern for the May exams in 2024. You can improve your exam preparation by understanding the weighting of the CA Foundation papers and the ICAI's marking criteria. This will help students do well on the CA Foundation exam.

The CA Foundation examination is offered twice a year in May and November. The subjects in the CA Foundation syllabus consist of four subjects, each worth 100 marks, of which the first two are evaluated using a subjective format and the remaining two use an objective evaluation. Examinations are given offline. The exams for the first two papers last three hours apiece, whereas the tests for the other two only last two hours. To pass the Foundation tests, you must have a thorough comprehension of the concepts and ideas, CA foundation marks weightage, and be able to state your responses appropriately.

The 2024 CA Foundation Paper Pattern

The following basic information regarding the CA Foundation Exam Paper Pattern for June 2024

  • The CA Foundation exam consists of four papers.
  • Papers 1 and 2 are subjective in nature.
  • Papers 3 and 4 are objective-style exams.
  • Each paper in the CA Foundation Exam has 100 points, for a total of 400 points.
  • Objective papers are subject to negative markings. Any incorrect response will result in a score deduction of one-fourth.
  • The test is taken offline.
  • With the exception of Section (b) of Paper 2, which must be taken in English only, the exam can be taken in either English or Hindi.

Before taking the CA exam, it is crucial for students to comprehend the CA foundation marks weightage of the subject's objective as well as the themes and subtopics they will be studying. To view the whole CA foundation study plan and syllabus, students can scroll below.

The sections below contain all the most recent details on the 2024 CA Foundation exam pattern, the passing score for the 2024 CA Foundation exam, the 2024 CA Foundation study guide, preparation advice for passing the 2024 CA Foundation exam on your first try, and the weighted average of the 2024 CA Foundation marks.

The Chartered Accountancy Institute claims that the CA Curriculum has undergone a considerable revamp. The CA Foundation Course will replace by the CA CPT Course in India (Common Proficiency Course).

The main objective of the CA Foundation is to increase the difficulty of the entry-level. The ICAI is launching a new initiative to create Chartered Accountants who are more productive by switching CPT for the CA Foundation.

The CA Foundation course is both a subjective and objective test that includes these 4 papers:

  1. Principles and Practice of Accounting is a subjective test of 100 marks. This is a 3-hour exam. This paper especially requires a lot of writing practice as there are questions that require long and extensive answers. The Chartered Accountancy program includes accounts as a core subject. As a result, you must adequately prepare for this paper according to the CA foundation marks weightage. Now that you are aware of the ca foundation accounts chapter-by-chapter weightage for CA Foundation Accounts, you can create an effective plan for yourself.

Section

Weightage

Content

 

1

5%-10%

Theoretical Framework

2

25%-30%

Accounting Process

Bank Reconciliation Statement

Inventories

Concept and Accounting of Depreciation

3

15%-20%

Accounting for Special Transactions

4

30%-40%

Final Accounts of Sole Proprietors

Partnership Accounts

Financial Statements of Not-for-Profit Organizations

5

10%-15%

Introduction to Company Accounts

 

  1. Business Law & Business Correspondence and Reporting is a 2-part exam. One is for Business Law for 60 marks and the other, Business Correspondence and Reporting, for 40 marks. This paper requires knowledge of mercantile laws and it is also a subjective exam. Two Sections make up the second CA Foundation paper. business legislation in Section A, and correspondence and reporting in Section B. One of the most popular exam formats sought by students is the CA Foundation exam pattern for the law topic as per CA Foundation marks weightage. The following chart allows students to view the chapter-by-chapter weighting for the CA Foundation Law exam and begin preparing accordingly.

 

 

Business Laws (60 Marks)

Section

Weightage

Content

1

25%-35%

The Indian Contract Act, 1872

2

20%-25%

The Sale of Goods Acts, 1930

3

20%-25%

The Indian Partnership, 1932

4

5%-10%

The Limited Liability Partnership Act, 2008

5

15%-20%

The Companies Act, 2014

 

 

Business Correspondence & Reporting (40 Marks)

1

10%-15%

Communication

2

20%-30%

Sentence Types & Vocabulary

Vocabulary (Root Words, Synonyms, Antonyms, Suffixes), Phrasal Verbs, Collocations, and Idioms

3

20%-30%

Comprehension Passages

Note Making

4

35%-40%

Introduction to Basic Writing

Precis Writing

Article Writing

Report Writing

Writing Formal Letters

Writing Formal Mails

Resume Writing

Meetings

 

  1. Business Mathematics, Logical Reasoning & Statistics has 2 parts. Business Mathematics is 40 marks, Logical Reasoning is 20 marks and Statistics is of 40 marks. This paper is objective. You get -0.25 marks for every wrong question that you attempt. The third paper of the CA foundation marks weightage helps students build a logical understanding to solve problems as well as an understanding of Basic Math, Reasoning, and Statistics and their application in business, finance, and economics. The CA Foundation exam format for math, logical reasoning, and statistics in 2024 is provided below, along with a breakdown of the passing scores.

 

 

Business Mathematics (40 marks)

Section

Weightage

Content

1

20%-30%

Ratio and Proportion, Indices and Logarithms

Equations and Matrices

Linear Inequalities: Linear Inequalities in one variable and the solution space and optimal Solution

2

30%-40%

Time Value of Money

3

30%-50%

Permutations and Combinations

Sequence and Series

Sets, Relations, and Functions

Basic Applications of Differential and Integral Calculus

 

 

Logical Reasoning (20 marks)

1

60%-70%

Number Series coding and decoding and the odd man out

Direction Tests

Seating Arrangements

2

30%-40%

Blood Relations

Syllogism

 

 

Statistics (40 marks)

1

45%-50%

Statistical Representation of Data

Measures of Central Tendency and Dispersion

2

25%-30%

Probability

Theoretical Distribution

3

10%-15%

Correlation and Regression

4

10%-15%

Index Numbers and Time Series

 

  1. Business Economics & Business and Commercial Knowledge is the last paper of the lot. Business Economics is of 60 marks and Business and Commercial Knowledge is of 40 marks. This paper is also objective. You get -0.25 marks for every wrong question that you attempt. The fourth and final CA Foundation course is business economics. It is offered to assist students with solidifying their understanding of business economics and applying such ideas and theories to straightforward problem-solving. View the CA Foundation exam pattern for the topics of economics and business knowledge.

 

 

Business Economics (60 marks)

Section

Weightage

Content

1

15%-20%

Introduction to Business Economics

2

35%-40%

Theory of Demand and Supply

Theory of Production and Cost

3

25%-30%

Price, Determination in Different Markets

4

15%-20%

Business Cycles

 

 

Business & Commercial Knowledge (40 marks)

1

15%-18%

Introduction to Business

2

15%=18%

Business Environment

3

15%-20%

Business Organizations

4

15%-18%

Government Policies for Business Growth

5

15%-18%

Organizations Facilitating Business

6

15%-18%

Common Business Terminologies

 

What are the passing scores for the CA Foundation in 2024?

  • Students must get a minimum passing mark of 40% in each paper and a combined total of 50% for all courses in order to pass the CA Foundation examinations. Therefore, in order to pass the CA Foundation Test Series, candidates must receive an overall score of at least 200.
  • Additionally, the third and fourth papers will receive negative marks in accordance with the marking scheme. Students should be aware of this because unnecessary marks may be subtracted from these papers.
  • Students must now achieve a minimum score of 50% in each subject in the new ICAI CA Course curriculum in order to pass that subject.

The most effective technique to evaluate your conceptual comprehension before taking the exam is to use question papers and the CA Exam test series. You can use the CA Foundation Exam Pattern from ICAI to simplify your studies and gain a comprehensive grasp of the tests. Additionally, we at CA Exams Test Series have assembled a comprehensive collection of all the CA Foundation test series based on the latest ICAI foundation study plan, mock exam papers, and revision test papers that you'll need during your preparation. These test questions will be essential to achieving the necessary CA Foundation score.

Conclusion

You now understand how to prepare for the tests as per ca foundation marks weightage because you have reviewed the entire CA Foundation exam pattern for June 2024 and the chapter-by-chapter weighting of all the CA Foundation papers. In addition, you now have knowledge of the CA Foundation's negative grading, passing standards, study guides, and test questions for effective preparation. To prevent wasting time and effort, it is recommended to all students that they create a solid study plan before beginning any preparations.



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