CA Foundation Study Material Under New Syllabus
The CA Foundation course is the entry-level stage for students aspiring to become Chartered Accountants. The Institute of Chartered Accountants of India has introduced a new syllabus for the CA Foundation course, which is effective from 2023. In this article, we will provide an overview of the CA Foundation study material for those candidates who want to pursue a chartered accountant.
Table of Content
- CA Foundation Syllabus: An Overview
- How to Download the ICAI CA Foundation Study Material
- How to Download the CA Foundation Study Material from Studycaller
- CA Foundation Study Material: Jan 2025
- CA Foundation Study Material: Tips and Strategies
- ICAI Mock Test for CA Foundation
- Summary of the Content
Get ready to prepare for your CA Foundation exams with our latest and chapter-wise ICAI study material, specifically designed for the Jan 2025 attempt. These complete study modules are based on ICAI-prescribed books, covering the entire CA Foundation syllabus clearly and concisely.
CA Foundation Syllabus: An Overview
The ICAI revealed a revised syllabus for the CA Foundation course, effective July 1, 2023. The CA Foundation syllabus is divided into four papers, each carrying 100 marks. The 4 papers are:
| CA Foundation New Syllabus | |||
| Sl. No | Paper Name | Marks | Types 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 |
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How to Download the ICAI CA Foundation Study Material
The candidates can download the latest ICAI CA Foundation Study Material for Jan 2025 with the help of these simple steps that are given below. The CA foundation study material is available in PDF format.
- Step 1. Visit the official website of ICAI, i.e., icai.org.
- Step 2. Click on the New Scheme and Training tab.
- Step 3. After that, click on the study material.
- Step 4. Select the foundation course
- Step 5. Download the CA Foundation Study Material PDF for each unit.
How to Download the CA Foundation Study Material from Studycaller
- Step 1. Go to the website of studycaller.com
- Step 2. Click on the Notes tab
- Step 3. After that, click on the CA Foundation Notes under the subject-wise CA Foundation Study Material.
- Step 4. Download the CA Foundation Study Material PDFs.
| Subjects | |
| Paper 1: Accounting | Check Here |
| Paper 2: Business Law | Check Here |
| Paper 3: Quantative Aptitude, Part I: Business Mathematics (40) Part II: Logical Reasoning (20) Part III: Statistics (40) |
Check Here |
| Paper 4: Business Economics | Check Here |
CA Foundation Study Material: Jan 2025
CA Foundation Paper 1: Accounting
| Module 1 | Unit |
| 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 Provisional Notes | - |
| Chapter 7: Preparation of Final Accounts of Sole Proprietors | Final Accounts of Non-Manufacturing Entities Final Accounts of Manufacturing Entities |
| Module 2 | Units |
| 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 The 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 Paper 2: Business Law
| 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 | - |
Paper 3 Quantitative Aptitude: Part A: Business Mathematics, Part B: Logical Reasoning, Part C: Statistics
| 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 Data Unit II: Sampling |
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 |
Paper 4: 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 | - |
CA Foundation Study Material: Tips and Strategies
To succeed in the CA Foundation exam, it is essential to have overall study material and a well-planned study strategy. Here are some tips and strategies to help you prepare for the exam:
- Understand the syllabus and exam pattern: Familiarize yourself with the new syllabus and exam pattern. Understand the weight of each topic and the types of questions that can be expected.
- Create a study plan: Make a study plan that covers all the topics in the syllabus. Allocate time for each topic and stick to your plan.
- Use ICAI study materials: The Institute of Chartered Accountants of India (ICAI) provides study materials for CA Foundation students. Use these materials as they are comprehensive and cover all the topics in the syllabus.
- Practice with mock tests and revision tests: Practice with mock tests and revision tests to assess your knowledge and identify areas for improvement.
- Join a coaching class or online course: Joining a coaching class or online course can help you stay motivated and focused. You can also clarify your doubts and get feedback from experienced faculties.
- Stay updated with current affairs: Stay updated with current affairs, especially in the areas of business, economy, and commerce.
ICAI Mock Test for CA Foundation
The Institute of Chartered Accountants of India has announced the CA Foundation Jan 2025 Mock Test Series, with Series 1 commencing on December 20, 2024, and Series 2 beginning on December 31, 2024.
The mock tests aim to help students assess their preparation and identify areas for improvement before the actual exams. Candidates can access the detailed schedule and other important information on the official ICAI website, icai.org.
MocK Test Series 1
| CA Foundation Mock Test Jan 2025 Series I | ||
| Date | CA Foundation | Time |
| December 20, 2024 | Paper-1 : Accounting | 10.30 AM – 1.30 PM |
| December 21, 2024 | Paper-2: Business Law | 10.30 AM – 1.30 PM |
| December 23, 2024 | Paper-3: Quantitative Aptitude | 10.30 AM – 12.30 PM |
| December 24, 2024 | Paper-4: Business Economics | 10.30 AM – 12.30 PM |
Mock Test Series 2
| CA Foundation Mock Test Jan 2025 Series II | ||
| Date | CA Foundation | Time |
| December 31, 2024 | Paper-1 : Accounting | 10.30 AM – 1.30 PM |
| January 2, 2025 | Paper-2: Business Law | 10.30 AM – 1.30 PM |
| January 3, 2025 | Paper-3: Quantitative Aptitude | 10.30 AM – 12.30 PM |
| January 4, 2025 | Paper-4: Business Economics | 10.30 AM – 12.30 PM |
Summary of the Content
The CA Foundation course is the first step towards becoming a Chartered Accountant. To succeed in the exam, it is essential to have a complete study material and a well-planned study strategy.
FAQs
What is the best study material for the CA Foundation?
The best study material for the CA Foundation is the ICAI-prescribed books, which cover the entire syllabus comprehensively. Additionally, you can also refer to other study materials like Taxmann, Padhuka, and online resources.
Where can I get the CA Foundation study material?
You can get the CA Foundation study material from the ICAI website; apart from that, you can log in to our website to get the overall study material, i.e., studycaller.com.
What are the key features of the CA Foundation study material?
The key features of the CA Foundation study material include the overall content of the syllabus, easy-to-understand language, and ample illustrations and examples. The study material also includes practice questions, mock tests, and revision tests.
How do I choose the best CA Foundation study material?
To choose the best CA Foundation study material, consider factors like comprehensiveness, ease of understanding, and practice questions. Also, read reviews and ask for recommendations from friends, teachers, or online forums.
Can I get the CA Foundation study material in digital format?
Yes, you can get the CA Foundation study material in digital format, including e-books, online study materials, and mobile apps. This format is convenient and allows you to access the study material anywhere, anytime.
How do I stay updated with the latest CA Foundation study material?
To stay updated with the latest CA Foundation study material, regularly visit the ICAI website, follow online forums and social media groups, and subscribe to newsletters and blogs. You can also attend workshops, seminars, and online webinars to stay updated.
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