How many Papers are in the CA Foundation Syllabus?

The CA Foundation Syllabus 2024 under the new Scheme includes four papers. Every paper will be worth 100 points.

Is CA Foundation syllabus change in 2024?

Starting July 1, 2023, the ICAI will introduce a new syllabus for the CA Foundation exam. Aspiring candidates for the June 2024 exam should review the updates on the ICAI's official website, icai.org. The December 2023 session will be the last to follow the current syllabus.

What are the papers for the CA Foundation in 2024?

The CA Foundation 2024 exam includes four papers: Principles and Practice of Accounting, Business Laws and Business Correspondence and Reporting, Business Mathematics and Logical Reasoning & Statistics, and Business Economics and Business and Commercial Knowledge.

Can I do CA without maths?

To become a Chartered Accountant in India in 2024, you'll need to pass a three-tier exam, and maths is not compulsory for this or the Cost and Management Accountant course. For more detailed information on the subjects required, please refer to the relevant resources.

Which part of CA is difficult?

The most challenging period of the CA course is the third year of the CA Articleship. During this time, students must balance coaching for CA Finals, the Articleship itself, and self-study.

CA Foundation Syllabus 2024: Free New Syllabus PDF Download -

Table of Contents

The Institute of Chartered Accountants of India (ICAI) has issued a revised new syllabus for the Chartered Accountancy (CA) Foundation level examinations. The CA Foundation New Syllabus 2024 is now available on the official ICAI website, icai.org. Candidates who plan to sit the CA Foundation exam in June 2024 can get the whole Paper-wise CA Foundation Syllabus 2024 on this page.

CA Foundation Syllabus 2024

Understanding the CA Foundation Syllabus 2024 is critical for clarity and effective planning, as well as allowing individuals to efficiently manage their time and resources. The Institute of Chartered Accountants of India recently revised the CA Foundation New syllabus 2024 for the forthcoming May and November examination periods. The first CA Foundation test under the new ICAI CA Foundation New Syllabus 2024 will take place in June 2024.

To pass the CA Foundation exam in a single attempt, a candidate must score at least 40% on each paper. Furthermore, the candidate must achieve at least 50% of the overall aggregate of all papers. Interested aspirants should thoroughly analyze the CA Foundation NEW Syllabus and begin their preparation appropriately.

CA Foundation New Syllabus 2024

The CA Foundation Syllabus 2024 under the new Scheme includes four papers on which candidates should focus while preparing for the CA Foundation June 2024 exam. Every paper will be worth 100 points. To pass the exam, candidates must excel in these four papers during their course time. The following papers have been incorporated into the new CA Foundation New syllabus 2024 as part of the new ICAI programme.

No	Name of the Paper	Total Marks	Nature of Questions
Paper 1	Accounting	100 Marks	Subjective
Paper 2	Business Laws	100 Marks	Subjective
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	Objective
Paper 4	Business Economics	100 Marks	Objective

NEW CA Foundation Syllabus 2024 -Paper wise

According to the NEW CA Foundation Syllabus 2024, Papers 1 and 2 comprise of objective-type questions with negative marking. While Papers 3 and 4 of the CA Foundation Syllabus are subjective and need descriptive responses. Candidates who plan to sit the CA Foundation test in May 024, which will be taken in June 2024, can find the complete Paper-wise CA Foundation New Syllabus 2024 below.

Paper 1 ( Accounting)

Paper 1 of the CA Foundation Syllabus 2024 discusses the fundamental concepts and principles of accounting. It teaches them how to apply these concepts to financial statements and solve fundamental accounting difficulties. Take a look at the topics and Topics subtopics mentioned in the CA Foundation Paper 1 Syllabus 2024

CA Foundation Accounting Syllabus 2024
Topics	Sub Topics
Theoretical Framework	Meaning and Scope of Accounting. Accounting concepts, principles and conventions. Capital and revenue expenditure, capital and revenue receipts,contingent assets and contingent liabilities. Accounting Policies. Accounting as a measurement discipline – valuation principles, accounting estimates. Accounting Standards-concepts and objectives.
Accounting Process	Recording accounting transactions: principles of double entry book-keeping, books of original entry-journal, subsidiary books, cash book, ledger-format, posting from journals and subsidiary books, balancing accounts. Preparation Of Trial Balance. Rectification Of Errors
Bank Reconciliation Statement	Introduction, reasons and preparation of bank reconciliation statement
Inventories	Meaning, basis and technique of inventory valuation, cost of inventory, net realisable value and record system
Depreciation and Amortisation	Tangible and intangible assets- meaning & difference, concepts, methods of computation and accounting treatment of depreciation/amortisation, change in depreciation method
Bills of Exchange and Promissory Notes	Meaning of bills of exchange and promissory notes and their accounting treatment; accommodation bills.
Preparation of Final accounts of Sole Proprietors	Elements of financial statements, closing adjustment entries, trading account, profit and loss account, and balance sheet of manufacturing and non-manufacturing entities
Financial Statements of Not-for-Profit Organizations	Significance and preparation of receipt and payment account, income and expenditure account and balance sheet, difference between profit and loss account, and income and expenditure account
Accounts from Incomplete Records (excluding preparation of accounts based on ratios).	–
Partnership And LLP Accounts	Final accounts of partnership firms and LLP. Admission, retirement and death of a partner including treatment of goodwill. Dissolution of partnership firms and LLPs including piecemeal distribution of assets
Company Accounts	Definition Of Shares And Debentures. Issue Shares And Debentures,forfeiture of shares,reissue of forfeited shares. Redemption of preference shares and debentures(excluding purchase and redemption of own debentures sinking fund method). Accounting For Bonus Issue And Right Issue.

Paper 2 (Business Laws)

Paper 2 of the CA Foundation Syllabus 2024 focuses on general legal knowledge of contract and sales law, as well as an awareness of various types of firms and how they operate to control the business environment and basic application-oriented challenges. Check out the themes and subtopics mentioned in the CA Foundation Paper 2 Syllabus 2024.

CA Foundation Syllabus 2024 of Business Laws
Topics	Sub Topics
Indian Regulatory Framework	Major Regulatory Bodies such as the Ministry of Finance, Ministry of Corporate Affairs, SEBI, RBI, IBBI, Ministry of Law and Justice, etc.
The Indian Contract Act, 1872	General Nature Of Contract, Consideration, Other essential elements of a valid contract, Performance Contract, Breach Of Contract, Contingent and Quasi Contract, Contract of Indemnity and Guarantee, Contract of Bailment and Pledge, Contract of Agency
The Sale of Goods Act, 1930	Formation of the contract of sale, Conditions and Warranties, Transfer of ownership and Delivery of goods, Unpaid seller and his rights.
The Indian Partnership Act, 1932	General Nature of Partnership, Rights and Duties of partners, Reconstitution of firms, Registration and Dissolution of a firm
The Limited Liability Partnership Act, 2008	Introduction-covering nature and scope, Essential features, Characteristics of LLP, Incorporation, and Differences with other forms of organizations
The Companies Act, 2013	Essential features of company, Corporate veil theory, Classes of companies, Types of share capital, Incorporation of company, Memorandum of Association, Articles of Association, Doctrine of Indoor Management
The Negotiable Instruments Act, 1881	Meaning of Negotiable Instruments, Characteristics, Classification of Instruments, Different provisions relating to Negotiation, Presentment of Instruments, Rules of Compensation

Paper 3 (Quantitative Aptitude)

Paper 3 of the CA Foundation Syllabus 2024 seeks to assist students in understanding core maths and statistics techniques and use them in business, financial, and economic environments. CA Foundation Quant Syllabus is divided into three parts: business mathematics, logical reasoning, and statistics. Examine the themes and subtopics outlined in the CA Foundation Paper 3 Syllabus 2024.

CA Foundation Quant Syllabus 2024
Topics	Sub Topics
Part A: Business Mathematics
Ratio and proportion, Indices and Logarithms	Ratio and proportion and Time and work-related problems, Laws of Indices, Exponents and Logarithms and AntiLogarithms
Equations	Linear Equations Upto Three Variables, Quadratic and Cubic equations in one variable. Applications in Business Related Problems.
Linear Inequalities	Linear Inequalities in one and two variables and the solution space
Mathematics of Finance	Simple Interest Compound Interest Nominal and Effective Rate of Interest Present Value Net Present Value Future Value Perpetuity Annuities SinkingFunds Calculating EMI Calculations of Returns:Nominal and Effective rate of Return Compound Annual Growth Rate(CAGR)
Permutations and Combinations	Basic concepts of Permutations and combinations: Introduction, the factorial, permutations, results, circular permutations, permutations with restrictions, Combinations With standard results
Sequence and Series	Introduction Sequences, Series, Arithmetic and Geometric progression, Relationship between AM and GM and Sum of terms of special series and Business Applications
Sets, Relations, and Functions. Basics of Limits and Continuity Functions	–
Basic applications of Differential and Integral calculus in Business and Economics (Excluding the trigonometric applications)	–
Part B: Logical Reasoning
Number series coding and Decoding and odd man out, Direction Tests, Seating Arrangements, Blood Relations
Part C: Statistics
Statistical Representation of Data	Diagrammatic representation of data, Frequency Distribution, Graphical representation of Frequency Distribution–Histogram, Frequency Polygon, Ogive, Pie-chart
Sampling	Basic principles of sampling theory, comparison between sample survey and complete enumeration, some important terms associated sampling type of sampling,sampling and non-sampling errors.
Measures of Central tendency and Dispersion	Mean Median, Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Coefficient of Variation, Coefficient of Quartile Deviation
Probability	Independent and dependent events;mutually exclusive events.Total and Compound Probability and Bayes Theorem
Theoretical Distributions	Random variables, Discrete and Continuous Random variables, Expectation of a discrete random variable, Theoretical Distributions:Binomial Distribution, Poisson distribution–basic application and Normal Distribution–basic applications
Correlation and Regression	Scatter diagram, Karl Pearson’s Coefficient of Correlation Rank Correlation, Regression lines, Regression equations,Regression coefficients
Index Numbers	Uses of Index Numbers, Problems involved in construction Index Numbers, Methods of construction of Index Numbers.BSE SENSEX NSE

Paper 4 (Business Economics)

CA Foundation Syllabus 2024 Paper 4 ( Business Economics) is designed to improve students’ comprehension of economic ideas and theories, as well as their capacity to tackle practical challenges. Examine the themes and subtopics outlined in the CA Foundation Paper 4 Syllabus 2024.

CA Foundation Syllabus 2024 for Business Economics
Topics	Sub Topics
Introduction to Business Economics	Meaning and scope of Business Economics. Basic Problems of an Economy and Role of Price Mechanism
Theory of Demand and Supply	Meaning and Determinants of Demand, Law of Demand and Elasticity of Demand – Price, Income and Cross Elasticity. Theory of Consumer’s Behaviour –Indifference Curve approach. Meaning and Determinants of Supply, Law of Supply and Elasticity of Supply, Market Equilibrium and Social Efficiency
Theory of Production and Cost	Meaning and Factors of Production, Short Run and Long Run. Law of Production–The Law of Variable Proportions and Laws of Returns to Scale,Producer’s Equilibrium. Concepts of Costs – Short-run and long-run costs, Average and Marginal Costs, Total, Fixed andVariable Costs
Price Determination in Different Markets	Market Structures: Perfect Competition, Monopoly and Monopolistic Competition.Using Game Theory to study Oligopoly. Price Determination in these Markets. Price- Output Determination under different Market Forms
Determination of National Income	Macro Economic Aggregates and Measurement of National Income Determination of National Income: Keynes’ Two Sector Basic Model,Three Sectors and Four Sectors Models
Business Cycles	Meaning, Phases, Features, Causes behind these Cycles
Public Finance	Fiscal functions: AnOverview, Centre, and StateFinance. MarketFailure/Government Intervention To Correct Market Failure. Process of budget making: Sources of Revenue, Expenditure Management, and Management of Public Debt. Fiscal Policy
Money Market	Concept of Money Demand Important theories of Demand for Money Concept of Money Supply, Cryptocurrency Another New Terminology Monetary Policy
International Trade	Theories of International Trade including theories of intra-industry trade Krugman. Trade Policy–The Instruments of Trade Policy. Trade Negotiations. Exchange Rates and its economic effects. International Capital Movements: Foreign DirectInvestment
Indian Economy	Before 1950- Chanakya and Nand Vansh OECDPaper (1950-1991), Basic knowledge 1991 Onwards

ICAI CA Foundation New Syllabus 2024 PDF Free Download

The Institute of Chartered Accountants of India (ICAI) has posted the CA Foundation New Syllabus 2024 PDF on its official website, icai.org, as part of the new educational and training system. Candidates planning to take the test must be aware of the new additions and modifications to the CA Foundation 2024 syllabus. Download the ca foundation new syllabus 2024 pdf via the direct link provided below.

CA Foundation Syllabus 2024 New PDF Download

How to Do CA Foundation 2024 Preparation?

The Institute of Chartered Accountants of India (ICAI) conducts the CA Exam, which is considered one of the most difficult exams in the world due to its low success rate. Chartered Accountancy is a popular career choice among students all around the world, because of its good reputation and lucrative earnings. Here are some excellent study tips to assist you start preparing for the CA Foundation exam:

Understand the syllabus: Gain a thorough understanding of the 2024 CA Foundation New Syllabus 2024. Look further to find out what is currently covered or not, then adjust the time you spend studying appropriately.
Know the Exam Pattern: Learn about the Exam Pattern, including the number of papers, topics, and grading system. This will assist you in making appropriate preparatory plans.
Create a study plan: Create an adequate and well-organized study programme. Set up specified time slots for each subject to guarantee that all topics are covered.
Wisely Select Study Materials: Use the official study material from the Institute of Chartered Accountants of India (ICAI). You may also refer to reference books to obtain a better knowledge of subjects.
Mock Tests: To simulate the experience of taking a real exam, practise with mock exams. The ICAI website includes CA Foundation sample examinations, which are excellent for improving your exam skills.
Time Management: Effective time management will allow you to cover the full course and be well-prepared on exam day.

CA Foundation Subjects 2024

The CA Foundation course, which is the entry-level exam for the Chartered Accountancy course in India, typically covers four main subjects. As of 2024, the subjects are:

Principles and Practice of Accounting:
- This paper covers basic concepts and principles of accounting.
- Topics include the preparation of financial statements, partnership accounts, and company accounts.
Business Laws and Business Correspondence and Reporting:
- Section A: Business Laws:
  - Topics include the Indian Contract Act, the Sale of Goods Act, the Indian Partnership Act, and the Companies Act.
- Section B: Business Correspondence and Reporting:
  - This section focuses on developing writing skills and comprehension abilities in a business context, including formal letters, reports, and communication skills.
Business Mathematics, Logical Reasoning, and Statistics:
- Section A: Business Mathematics:
  - Covers topics like ratios, proportions, indices, logarithms, and sets.
- Section B: Logical Reasoning:
  - Includes problems on seating arrangements, logical sequences, syllogisms, and puzzles.
- Section C: Statistics:
  - Involves measures of central tendency and dispersion, probability, and index numbers.
Business Economics and Business and Commercial Knowledge:
- Section A: Business Economics:
  - Focuses on basic concepts of microeconomics and macroeconomics, including the theory of demand and supply, production and cost, price determination, and national income.
- Section B: Business and Commercial Knowledge:
  - Covers the basics of business and commercial knowledge, including an understanding of business environments and organizations.

These subjects aim to provide foundational knowledge and skills necessary for aspiring Chartered Accountants. The CA Foundation course serves as a preparatory stage for the more advanced levels of the Chartered Accountancy program.