CA Foundation Examination Complete Course Guide.

CA FOUNDATION COMPLETE COURSE GUIDE —–> The first step towards the journey of Chartered Accountancy is clearing the CA Foundation exams. For this, the eligibility criteria are clearing the examinations of the 12th class and thereafter, you’re required to register yourself with ICAI (Institute of Chartered Accountants of India) to appear for the exams at the CA Foundation level.

Since it is the first step of the ladder, it is known to make students more anxious than ever and due to which, they often get demotivated but, you shall understand that to achieve something worthwhile, it is always important to invest yourself completely and dedicate all your efforts towards achieving it.

Let’s go through some of the other important details related to CA Foundation exams.

Subjects

There are a total of 4 subjects at the first or entry-level examination and the students are required to pass all the papers with a minimum of 40% marks in each subject to clear the CA Foundation level.

Paper-1: Principles and Practice of Accounting
Paper-2: Business Laws and Business Correspondence and Reporting
Paper-3: Business Mathematics and Logical Reasoning & Statistics
Paper-4: Business Economics and Business and Commercial Knowledge

Syllabus

ACCOUNTING

Theoretical Framework
Accounting Process
Bank Reconciliation Statement
Inventories
Concept and Accounting of Depreciation
Accounting for Special Transactions
Final Accounts of Sole Proprietors
Partnership Accounts
Financial Statements of Not-for-Profit Organisations
Introduction to Company Accounts

PART-A: Business Laws

The Indian Contract Act, 1872
The Sale of Goods Act, 1930
The Indian Partnership Act, 1932
The Limited Liability Partnership Act, 2008
The Companies Act, 2013

PART-B: Business Correspondence and Reporting

Communication
Sentence Types
Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal Verbs, Collocations & Idioms
Comprehension Passages
Note Making
Introduction to basic writing
Précis Writing
Article Writing
Report Writing
Writing Formal Letters
Writing Formal Emails
Resume Writing
Meetings

BUSINESS MATHEMATICS AND LOGICAL REASONING AND STATISTICS

PART A: Business Mathematics

Ratio and proportion, Indices, Logarithms
Equations and Matrices
Linear Inequalities with Objective Functions and Optimizations
Time value of Money
Permutations and Combinations
Sequence and Series
Sets, Functions and Relations
Basic concepts of Differential and Integral Calculus

PART B: Logical Reasoning

Number Series
Direction Tests
Setting Arrangements
Blood Relations
Syllogism

PART C: Statistics

Statistical Description of Data
Measures of Central Tendency and Dispersion
Probability
Theoretical Distributions
Correlation and Regression
Index Numbers and Time Series

BUSINESS ECONOMICS AND BUSINESS COMMERCIAL KNOWLEDGE

PART I: Business Economics

Introduction to Business Economics
Theory of Demand and Supply
Theory of Production and Cost
Price Determination in Different Markets
Business Cycles

PART II: Business and Commercial Knowledge

Business and Commercial Knowledge: An Introduction
Business Environment
Business Organizations
Government Policies for Business Growth
Organizations Facilitating Business
Common Business Terminologies

Study Time Period

The students will get a total of 4 months for the preparation of CA Foundation exams and it is important to understand that you shall keep your spirits high and do whatever is required to achieve the goal set before you.

Exam Pattern

The CA Foundation level has a total of 4 papers. Out of which paper 1 & 2 are subjective and paper 3 & 4 are objective (MCQ based).

How to prepare for the CA Foundation exams?

Prepare a proper time table
Revise regularly
Prepare notes
Attempt practice papers
Measure your progress

CA Foundation Coaching

It is important to choose your mentors for the journey wisely, especially when you talk about such a reputed course like CA. We, at CA Prince Kathuria Classes, have a vision of accelerating the professional careers of as many students as possible. Our highly-experienced faculty make sure to help the students sail through this toughest ride with ease by their amazing teaching methods and skills.

What to do after clearing CA Foundation exams?

After you clear the CA Foundation exams, you shall register yourself for the CA Intermediate exams which consist of two groups. And that is the second step of your journey.

Conclusion:-
Achieving your dreams can be tough but once you decide on something and put in the required efforts, nobody can stop you from stepping ahead and walking closer to your final destination.

Also read:-
How to prepare for CA Foundation exams? (Subject-wise tips)
How to clear CA Foundation exams in the first attempt?

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