HII, Sruthilaya

Ca foundation exam is a gateway to make career in chartered accountancy

Before getting inti the syllabus, I would like to take you through the exam pattern, if you are aware about it, then please ignore.

Ca foundation exam has four papers.

Every paper carries 100 marks and the time duration is 3 hours for each paper.

Paper 1 and paper 2 will be subjective type and paper 3 and paper 4 will be objective type.

The objective paper will have negative marking for each wrong answer. 1/4th of your marks will be deducted for each wrong answer.

Candidates must score a minimum of 40% marks in each paper and aggregate of 50% in all papers to pass.

The exam is conducted twice in a year.

SYLLABUS

• Paper 1-principle and practice of accounting
• Paper 2-Business law and business correspondence
• Paper 3-Business mathematics, logical reasoning, and statistics
• Paper 4-Business economics and business and commercial knowledge
• CONTENTS

PAPER 1 PRICIPLE AND PRACTICE OF ACCOUNTING

• Theoretical framework
• Accounting process
• Bank reconciliation statement
• Inventories
• Concept of accounting of depreciation
• Accounting for special transaction
• Final accounts of sole proprietor
• Partnership accounts
• Financial statement of NGOs
• Introduction to company accounts
• Basic accounting ratios

PAPER 2 BUSINESS LAW AND BUSINESS CORRESPONDENCE

SECTION -A (BUSINESS LAW)-60 MARKS 

• The Indian contract act 1872
• The sales of good act 1930
• The Indian partnership act 1932
• The limited liability partnership act 2008
• The companies act 2013

SECTION B (BUSINESS CORRESPONDENCE)-40 MARKS

• Part 1 communication
• part 2 sentence power and word type
• part 3 comprehensive passages and note making
• part 4 developing writing skills

PAPER 3 -BUSINESS MATHEMATICS, STATISTICS AND LOGICAL REASONING

PART A MATHEMATICS (40 MARKS)

• ration and proportion, indices and logarithm
• equation and matrices
• time value of money
• linear inequalities with objective function and optimization with respect to objective function
• permutation and combination
• sequence and series
• sets, relation and function
• basic application of differential and calculus

PART B LOGICAL REASONING (20 MARKS)

• number series, coding decoding and odd man out
• direction test
• seat arrangement
• blood relation
• syllogism

PART C STATISTICS (40 MARKS)

• statistical description of data
• measure of central tendency and dispersion
• probability
• theoretical distribution
• regression and correlation
• index number and time series

PAPER 4 BUSINESS ECONOMICS AND COMMERCIAL KNOWLEDGE

PART A BUSINESS ECONOMICS (60 MARKS)

• introduction to business economics
• theory of demand and supply
• theory of production and cost
• price determination in different market place
• business cycle

PART B COMMERCIAL KNOWLEDGE (40 MARKS)

• Introduction to business
• business environment
• business organization
• government policies for business growth
• organizations facilitating business
• common business technologies

ALONG WITH THIS STUDENTS ARE REQUIRED TO READ DAILY NEWSPAPER TO BE UPDATED.

BOOKS - material provided by ICAI, S. Chand, taxman

ALL THE BEST.