which paper is discriptive and which is objective for CA foundation exam
Hi
Your
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Paper 1 & 2 - will be Subjective/ desceptive
Paper 1 - Principles and Practice of Accounting
Paper 2 - Business Laws and Business Correspondence and Reporting
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Paper 3 & 4 - will be Objective
Paper 3 - Business Mathematics, Logical Reasoning and Statistics
Paper 4 - Business Economics and Business and Commercial Knowledge
Here's a brief of CA foundation:-
Number of papers |
The CA Foundation exam has 4 papers:
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Paper 1 - Principles and Practice of Accounting
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Paper 2 - Business Laws and Business Correspondence and Reporting
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Paper 3 - Business Mathematics, Logical Reasoning and Statistics
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Paper 4 - Business Economics and Business and Commercial Knowledge
Duration of the question papers
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Paper 1 &2 will be of 3 hours
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Paper 3 & 4 will be of 2 hours
Question Type
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Paper 1 & 2 - Subjective
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Paper 3 & 4 - Objective
Marks
Each paper will be of 100 marks.
Total marks
400
Marking scheme
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For subjective (Paper 1 and 2) there's no negative marking
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For objective papers - (Paper 3 and 4) - there's negative marking of ¼ mark for every wrong answer
Medium of exam
English or Hindi except for Paper 2 (section b which will be in English only)
For details checkout :-
https://finance.careers360.com/articles/ca-foundation-exam-pattern
To help you further,
Here's a brief of your CA journey,
To become a CA you need to go through given 4 levels, listed below :-
>>>1) ca foundation
>>>2 ) ca intermediate
>>>3) articleship Training
>>>4 )ca final
Each level is described below briefly :-
----------------)1. CA foundation:
You can go for CA Foundation registration after passing 12th from any stream, to register for CA Foundation you need to visit the official website i. e icaiexam.icai.org (http://icaiexam.icai.org/) , you have to study and qualify given 4 subjects to move to next level :-
*principles and practice of accounting
*business mathematics, logical reasoning and statistics
*business laws and business correspondence and recording
*business economics and business and Commercial Knowledge
In oder to clear CA foundation , you need get at least 40% marks individually in each subjects and at least 50% in overall aggregate . If you fail to fulfill this criteria then you will have to appear again in all the 4 subjects in your next attempt.
----------------) 2. CA Intermediate
After registration for CA Intermediate , you have to study for at least 8 months before appearing for your CA Intermediate examination.
In your CA Intermediate, you have 2 groups with 4 papers or subjects in each group.
>>>>>CA Intermediate Group 1:- You have following subjects :-
*accounting
* cost and management accounting
*corporate and Other laws
* taxation
>>>>>CA Intermediate Group 2:- You have following subjects :-
*advanced accounting
*enterprise information systems & strategic management
*auditing and assurance
*financial management & economics for finance
In oder to clear CA intermediate , you need to get at least 40% marks individually in each subjects and at least 50% in overall aggregate .
----------------) 3. Articleship Training
You can register for articleship after 1 or both groups of CA Intermediate. Articleship Training is of 3 years. During the last 2 years of your Articleship Training you have to complete your AICITSS i. e Advanced Integrated Course on Information Technology and Soft Skills
----------------) 4. CA Final Group
After qualifying both groups of CA Intermediate, you become eligible for CA Final registration. And can appear in CA final examinations either after completion of your Articleship Training or when you are in the last 6 months of your articleship training.
There are 2 groups with 4 subjects in each which are given below:-
>>>>>CA Final Group 1:
*financial reporting
*advanced auditing and professional ethics
*strategic financial management
*corporate and allied Laws
>>>>>CA Final Group 2:
*advanced Management Accounting
*direct Tax Laws
*indirect Tax Laws
*information Systems Control and Audit
After the completion of articleship training and clearing CA Final , you become eligible for applying for the membership of the Institute of Chartered Accountants of India after which become a CA.
For detailed information visit
https://finance.careers360.com/articles/how-to-become-a-ca-in-india
Thank you