CA Foundation Latest Study Material

CA Foundation Latest Study Material

Every aspiring individual who has registered for Chartered Accountancy course is aiming to become a successful Chartered Accountant. All the students who have appeared in 14th class examination are allowed to register for the Foundation course. Your journey to become an expert in this field starts with CA Foundation as it is the entry level for this course. Surely, the journey is not going to be easy but it will be worth it if prepared well with professionals like CA Test Series.

If you aim for something big from the start, you will surely acquire something big. Make sure to check the syllabus for every level before you start with the further preparation for CA Foundation exams.

 

Check Out the Syllabus Properly

 

  • The new syllabus that is introduced by ICAI holds prime impact and it is seen during the entrance level i.e. CA Foundation. ICAI releases the syllabus every year for the upcoming session, so it is your duty to stay updated with the notifications. The subjects are mentioned in the syllabus for you to go through and plan out your study schedule.
  • Also, the paper-wise syllabus for CA Foundation has the topics and subjects that are assessed in the upcoming session. It is extremely important for individuals to go through the CA Foundation syllabus before beginning with preparation to avoid wasting time on concepts and topics that are not important or necessary.
  • CA Foundation exams will be conducted according to the subjects; paper 1 and 2 consist of long questions, however; paper 3 and 4 contains MCQs. As planning a timetable is highly essential in this course, make sure to follow up your personal schedule as per the CA Test Series Schedule. It will help you in managing your preparation for the exams in the best way possible.

 

Download CA Foundation Study Material From ICAI

 

As recently the traditional CA CPT Exam is replaced by a new CA exam pattern that consists of the CA Foundation Examination, students are suggested to check out the pattern, study material and syllabus with the utmost attention. Study materials is surely the prime key to success, so you cant afford to skip it.

 It is crucial for aspiring candidates to check out the reference study material provided on the main website of ICAI. With the study material, you will acquire a list of the most important reference books; topic wise. Here is the step by step guide to download the reference study material from the website:

  • Visit the main website of ICAI and click on the mentioned link on the site.
  • Once you click on the link; a page will appear with all the four papers listed. Click on any one of them.
  • A new page will appear with where youll have to click on ‘Study Material.
  • After clicking, you will see a list of chapters-wise topics. Click on any topic to acquire the study material in the form of PDF.

Now that you have obtained the study material, it is time to buckle up and find the reliable CA test series. Dont forget to go through the CA test series reviews before coming to a final decision as it is crucial for you.

 

 

 

Go Through the Study Material

 

  • Once youre aware of the syllabus and exam pattern, it is time for you to start with your preparation for the CA Foundation exam. There may be several books available for you to understand a single concept, however; it is advisable to never skip the study material provided by ICAI.
  • They are predominantly known for motivating students to refer to their study materials as it will allow positive effects to your performance in the exams. Some experts also suggest that ICAI study material is enough for the exams as it provides your complete understanding of all the topics and concepts.
  • Moreover, preferring more than one or two books for the same subject can cause you less clarity of various concepts. So, avoid making a mess in your head by going for several books for the same subject.

With a certified Ca Exam Series, solve some practice tests, mock tests, and previous questions papers as it is highly recommended. Certainly all of this will be sufficient for you to score amazing marks in this level.

Also Check,How to prepare for CA Inter MCQs

Clear CA Foundation With 100% Certainty

 

  • Each and every student in this field prepares for the CA Foundation but only a few are able to clear the level. They believe they did everything they could, still something seemed to lack that lead to them not clearing this level.
  • As there is no shortcut to success, you need to balance a perfect combination of hard work and smart while preparing for this level. If you do so, nothing can stop you from performing well and scoring great marks in CA Foundation.
  • Putting efforts is an essential ingredient for preparation, but knowing where exactly to make an effort is what brings the difference. It is good-for-nothing if you have missed at least 20% of the CA Foundation syllabus. It is advised to get in touch with the Best test series for CA Exams so you can prepare effectively without wasting your precious time and energy.
  • Follow a smart strategy and approach along with hard work and you will surely clear the CA Foundation examinations with great ranks and amazing scores.

 

CA Foundation Exam Pattern for May 2024 Exams

The exam pattern of CA Foundation May 2024 ICAI Exams must be checked before starting ones preparation.

Exam Mode

Pen and paper based

Exam Medium

English or Hindi

(English compulsory for Section B of Paper 2)

Type of questions

Paper 1 and 2- Long and Subjective Question answers

Paper 3 and 4- Multiple choice questions

Total Marks

400 (100 marks per paper)

Marking Scheme

 

-1/4th for each incorrect response in MCQs only

 

CA Foundation May 2024 Exams Latest Study Material

Paper Name

 

Download Link

Paper-1:  Accounting

 

Click here

Paper-2: Business Laws 

Click here

Paper 3 : Quantitative Aptitude 

  1.   Business mathematics 
  2.   Logical Reasoning 
  3.   Statistics 

Click here

Paper-4: Business Economics 

Click here

 

Join CAtestseries.org to clear CA Foundation exams in First attempt. This is available at very genuine price. Test papers are designed as per Latest icai exam pattern. 4 Types of notes  will also be provided.  

 

How To Download CA Foundation Study Material From ICAI?

Ans- For all CA Foundation Exams 4 papers, students may access the free CA Foundation Study Material in PDF. To learn how to access the CA Foundation Study Material, lets go through the step-by-step process.

Step 1: Visit ICAIs official website: icai.org

Step 2: A page with all 4 listed papers will appear. Tap any of the four articles.

Step 3: A new page will appear, now click on "Review Content"

Step 4: chapter topics will appear. To obtain the study material as PDF, click on any subject.

 

How To Get CA Foundation Books From ICAI?

Ans- Follow the steps for CA Foundation Books as follows: Step 1: Visit ICAIs official website: icai-cds.org.

Step 2: From here, registered users can use their identification number and date of birth to click on "Sign In" from the top left corner. On the other hand, in order to purchase the books, guest users must register themselves by clicking the "Sign Up" button.

Step 3: A new page appears where you see in one row Students Books and in the next one Latest Items. Tap "Open Everything" in the section called "Students Books."

Phase 4: The launch of a new page. In the top left corner of the page you will see a "Category Filter" tab. Take "New Course."

Step 5: In the filter box of the list, pick "Foundation" and then choose the language–English or Hindi.

Phase 6: A list of books included in the package of the foundation report. Select "Package for the Study Foundation."

Step 7: A new page opens with the kits list of books. Choose the books and put them in your cart. Check out the things in your cart.

Phase 8: The payment and order must be made by non-registered users. Registered users can place an order directly. Delivery usually takes 14 working days and can be tracked using the AWB number via AWB monitoring. The AWB number that appears when you put the order should be noted.

 

Is ICAI study material enough for CA Foundation?

Ans- At all levels of the CA Course, ICAI study material is more than sufficient. Any reference book will not cover the entire course syllabus. If you study the materials with complete sincerity, the examinations will be clear for sure.
 

Does ICAI provide study material?

Ans- Indeed, they have study material at all levels of CA and it is included in the registration fee, there is no need to pay any additional amount. After you sign by email, you may obtain any materials.

 

What is the syllabus of CA Foundation?

Ans- Students should review the May 2024 CA Foundation syllabus outlined below in brief. In addition to the list of topics and topics in each of the four articles, marks weighing is also presented.

 

List of Topics

Weightage

Paper 1: Principles and Practice of Accounting

 

Theoretical Framework

5%-10%

Basic Accounting Ratios (Probability, Solvency, Liquidity and Turnover)

10%-15%

Accounting Process

20%-25%

Inventories

Bank Reconciliation Statement

Concept and Accounting of Depreciation

 

Final Accounts of Sole Proprietors


25%-30%

Financial Statements of Not-for-Profit Organizations

Partnership Accounts

Accounting for Special Transactions

15%-20%

Introduction to Company Accounts

10%-15%

Paper 2: Business Laws 

 

The Indian Partnership Act, 1932

20%-25%

The Companies Act, 2013

15%-20%

The Indian Contract Act, 1872

25%-30%

The Limited Liability Partnership Act, 2008

5%-10%

The Sale of Goods Act, 1930

20%-25%

Section B: Business Correspondence and Recording (40 Marks)

Sentence Types and Vocabulary

20%-30%

Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal verbs, Collocations and Idioms.

Developing Writing Skills

35%-40%

Communication

10%-15%

Comprehension Passages and Note-Making

20%-30%

Sentence Types and Vocabulary

20%-30%

Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal verbs, Collocations and Idioms.

 

Developing Writing Skills

35%-40%

Communication

10%-15%

Comprehension Passages and Note-Making

20%-30%

Paper 3: Business Mathematics, Logical Reasoning and Statistics

Part A- Business Mathematics (40 Marks)

Equations and Matrices

20%-30%

Ratio and Proportion, Indices and Logarithms

Linear Inequalities: Linear Inequalities in one variable and the solution space and optimal solution

Sequence and Series

30%-50%

Basic applications of Differential and Integral calculus

Permutations and Combinations

Sets, Relations and Functions

Time Value of Money

30%-40%

Part B- Logical Reasoning (20 Marks)

Direction Tests

60%-70%

Seating Arrangements

Number series coding and Decoding and odd man out

Syllogism

30%-40%

Blood Relations

Part C- Statistics (40 Marks)

Correlation and Regression: Scatter diagram, Karl Pearsons Coefficient of Correlation Rank, Correlation, Regression lines, Regression equations, Regression coefficients

10%-15%

Index Numbers and Time series

10%-15%

Measures of Central Tendency and Dispersion: Mean Median, Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Co-efficient of Variation, Coefficient of Quartile Deviation

45%-50%

Statistical Representation of Data, Diagrammatic representation of data, Frequency distribution, Graphical representation of Frequency Distribution –Histogram, Frequency, Polygon, Ogive, Pie-chart

Probability: Independent and dependent events; mutually exclusive events.25% Total and Compound Probability; Bayes theorem; and Mathematical Expectation

25%-30%

Theoretical Distribution: Binomial Distribution, Poisson distribution–basic application and Normal Distribution – basic applications

Paper 4: Business Economics and Business and Commercial Knowledge

Part A- Business Mathematics (60 Marks)

Introduction to Business Economics

15%-20%

Business Cycles

15%-20%

Theory of Production and Cost

35%-40%

Theory of Demand and Supply

Price Determination in Different Markets

25%-30%

Part B- Business & Commercial Knowledge (40 Marks)

 

Introduction to Business

15%-18%

Government Policies for Business Growth

15%-18%

Common Business Terminologies

15%-18%

Business Environment

15%-18%

Organizations Facilitating Business

15%-18%

Business Organizations

15%-18%

 

What are CA Foundations passing marks?

Ans-Candidates must score 40 marks in each subject of the CA Foundation and 50% overall in order to clear the CA Foundation.

 

Is there a derogatory branding on the CA Foundation?

Ans-For each incorrect response, the objective questions (papers 3 and 4) will bear a negative 1⁄4 mark mark.

 

Is a calculator included in the review of CA Foundation?

Ans-Yes. ICAI allows candidates in the examination hall to use calculators. With up to 6 functions, 14 digits and up to two memories, the calculators should be of any type.

 

When are the CA Foundation exams going to take place in May 2020?

Ans-The May 2020 examination of the CA Foundation, consisting of four papers, will take place on May 9, 14, 13 and 15 (temporary).

 

 

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