Admission Open for CA Foundation Nov 2022 Batch | Starting from May 18CA Foundation Exam Pattern May 2022 – Chapter-Wise Weightage, Paper Pattern
CA Foundation Exam Pattern May 2022- ICAI releases the CA Foundation Exam Pattern for the students to understand the exam better. In the exam pattern, ICAI provides insights about the weightage of CA Foundation papers, marking scheme, types of questions, mode of exam, passing marks, negative marking, etc.
ICAI conducts the CA Foundation exams two times a year, in May and November. According to the recent notification by the ICAI, CA Foundation May 2022 papers will now be conducted in June 2022. There are four papers in the Foundation course, and the total marks for each paper are 100. However, the first two papers are subjective, and the remaining 2 are objective.
There is also negative marking in CA Foundation objective papers, i.e., papers 3 and 4. So, for every wrong answer, 1/4 mark will be deducted. According to the CA Foundation passing criteria specified by the ICAI, students must score a minimum aggregate of 50% in all the papers and at least 40% in each paper.
In this article, you’ll learn about the CA Foundation Exam pattern for May 2022 exams, passing marks, and chapter-wise weightage.
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Table of Contents
CA Foundation Exam Pattern 2022
CA Foundation paper pattern 2022 is specified by the ICAI, and every CA Foundation student must be aware of that. So, check the table below to get an overview of the CA Foundation exam pattern.
| Particulars | Details |
|---|---|
| Conducting Body | Institute Of Chartered Accountant Of India (ICAI) |
| Level of Exam | National Level |
| Frequency | Twice a Year (May/June and November) |
| Mode of Registration | Online |
| Mode Of Exam | Online |
| Duration | 3 hours for each paper |
| Number of Papers | 4 |
| Negative marks | Only for Paper 3 and 4 (0.25), i.e. is 1/4th of marks |
| Eligibility | Class 12 Passed or Appearing for Class 12 in Current Year |
| Exemptions | Candidates with Equivalent Qualification or Graduates and Post Graduates |
| Difficulty level | Moderate |
| Official Website | icai.org |
CA Foundation Paper Pattern for May 2022
The students should also learn about the CA Foundation paper pattern to help them prepare for the exams. Moreover, the paper patterns of the CA Foundation subjects are different, considering whether it is the CA Foundation Accounts Paper Pattern or the CA Foundation Law Question Paper Pattern.
So check out the table below to get the CA Foundation question paper pattern and their marks distribution.
| Papers | Subject | Marks Distribution |
|---|---|---|
| Paper 1 | Principles And Practice Of Accounting | (100 Marks) |
| Paper 2 | Business Laws And Business Correspondence
Section A: Business Laws Section B: Business Correspondence And | (60 Marks)
(40 Marks) |
| Paper 3 | Business Mathematics, Logical Reasoning, And Statistics Section A: Business Mathematics Section B: Logical Reasoning Section C: Statistics | (40 Marks)
(20 Marks) (40 Marks) |
| Paper 4 | Business Economics And Business & Commercial Knowledge Section A: Business Economics Section B: Business and Commercial Knowledge | (60 Marks)
(40 Marks) |
Check out the CA Foundation Exam Dates for the May 2022 examinations.
What are the CA Foundation Passing Marks in 2022
To crack the CA Foundation exams, students require a minimum passing mark of 40% for each paper and 50% for all subjects. Therefore, students need to get an aggregate of at least 200 marks to pass the CA Foundation exams.
CA Foundation Chapter-wise Weightage and Marks Distribution
Paper 1: Principles And Practice Of Accounting
Principles and Practices of Accounting is the very first paper in CA Foundation. This subject is renamed from Fundamentals of Accounting in CPT. Paper 1 consists of basic accounting that the students have studied in the 11th and 12th commerce fields, i.e., Basic Concepts of Accounting and Financial Statements.
Check the CA Foundation Accounts chapter-wise weightage and marks distribution.
| Content Area | Marks Weightage and Distribution |
|---|---|
| 1. Theoretical Framework | 5%-10% |
| 2. Accounting Process
3. Bank Reconciliation Statement 4. Inventories 5. Concept and Accounting of Depreciation | 25%-30% |
| 6. Accounting for Special Transactions | 15%-20% |
| 7. Final Accounts of Sole Proprietors
8. Partnership Accounts 9. Financial Statements of Not-for-Profit Organizations | 30%-40% |
| 10. Introduction to Company Accounts | 10%-15% |
Accounts is an integral part of the Chartered Accountancy course. Therefore, you need to prepare well for this paper. Now as you know the CA Foundation Accounts chapter-wise weightage, you can make a proper plan for yourself.
Paper 2: Business Laws And Business Correspondence And Reporting
The second paper of CA Foundation is divided into Two Sections. Section A is Business law, and Section B is correspondence and reporting. The CA Foundation exam pattern for the law subject is one of the most requested by the students. Students can check the CA foundation Law chapter wise weightage from the following table and start their preparation accordingly.
Section A: Business Laws (60 Marks)
| Content Area | Marks Weightage and Distribution |
|---|---|
| 1. The Indian Contract Act, 1872 | 25%-30% |
| 2. The Sale of Goods Act, 1930 | 20%-25% |
| 3. The Indian Partnership Act, 1932 | 20%-25% |
| 4. The Limited Liability Partnership Act, 2008 | 5%-10% |
| 5. The Companies Act, 2013 | 15%-20% |
Section B: Business Correspondence And Reporting (40 Marks)
| Content Area | Marks Weightage and Distribution |
|---|---|
| Part I: Communication
1. Communication | 10%-15% |
| Part II: Sentence Types and Word Power
2. Sentence Types (Direct-Indirect, Active-Passive Speech) 3. Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), | 20%-30% |
| Part III: Comprehension Passages and Note Making 4. Comprehension Passages5. Note Making | 20%-30% |
| Part IV: Developing Writing Skills
6. Introduction to Basic Writing 7. Précis Writing 8. Article Writing 9. Report Writing 10. Writing Formal Letters 11. Writing Formal Mails 12. Resume Writing 13. Meetings | 35%-40% |
Also Check: CA Foundation Question Bank
Paper 3: Business Mathematics, Logical Reasoning And Statistics
The third paper of the CA Foundation helps students develop an understanding of Basic Maths, Reasoning, and Statistical and their application in business, Finance, and Economics and develop a logical understanding to solve problems. The CA Foundation exam pattern 2022 for maths, logical reasoning and statistics are mentioned below, along with the marks distribution.
Part A: Business Mathematics (40 Marks)
Check the table below to know the CA Foundation Maths Chapter-wise weightage and the marks distribution.
| Content Area | Marks Weightage and Distribution |
|---|---|
| 1. Ratio and Proportion, Indices and Logarithms
2. Equations and Matrices 3. Linear Inequalities with Objective Functions | 20%-30% |
| 4. Time value of Money | 30%-40% |
| 5. Permutations and Combinations
6. Sequence and Series 7. Sets, Relations and Functions 8. Basic applications of Differential and | 30%-50% |
Part B: Logical Reasoning (20 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Number series, Coding and Decoding and odd man out 2. Direction Tests 3. Seating Arrangements | 60%-70% |
| 4. Blood Relations
5. Syllogism | 30%-40% |
Part C: Statistics (40 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Statistical description of Data
2. Measures of Central tendency and Dispersion | 45%-50% |
| 3. Probability
4. Theoretical Distributions | 25%-30% |
| 5. Correlation and Regression | 10%-15% |
| 6. Index Numbers and Time Series | 10%-15% |
Paper 4: Business Economics And Business And Commercial Knowledge
Business economics is the fourth and last subject of the CA Foundation. It is included to help students to make the concept of Business Economics strong and apply such concepts and theories in simple problem-solving. Check out the CA Foundation paper pattern for the economics and commercial knowledge subjects.
Part I: Business Economics(60 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Introduction to Business Economics | 15%-20% |
| 2. Theory of Demand and Supply
3. Theory of Production and Cost | 35%-40% |
| 4. Price Determination in Different Markets | 25%-30% |
| 5. Business Cycles | 15%-20% |
Part II: Business And Commercial Knowledge (40 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Introduction to Business | 15%-18% |
| 2. Business Environment | 15%-18% |
| 3. Business Organizations | 15%-20% |
| 4. Government Policies for Business Growth | 15%-18% |
| 5. Organizations Facilitating Business | 15%-18% |
| 6. Common Business Terminologies | 15%-18% |
Students who want to know and download the complete CA Foundation Syllabus for May 2022, can visit the following link.
CPT/CA Foundation Video Solutions of Past Year Papers
CA Foundation Maths Solutions
Watch the chapter-wise CA Foundation Maths solution videos of the last 10 year papers by Mukesh Khandal sir.
CA Foundation Law Solutions
Watch the chapter-wise CA Foundation Law modules of the last 3 year papers by Piyush sir.
CA Foundation Stats Solutions
Watch the chapter-wise CA Foundation Stats solution videos of the last 10 year papers by Dr Sunil Agiwal sir.
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CA Foundation Study Material for May 2022
ICAI provides the CA Foundation Study Material to help students in preparing for the exams. In the ICAI study material, you’ll get the course modules, revision and mock test papers, previous year papers and more.
The ICAI CA Foundation Study material relevant for the May 2022 exams is:
Paper-1: Principles and Practice of Accounting
Paper-2: Business Laws and Business Correspondence and Reporting
- Sec A: Business Laws
- Sec B: Business Correspondence and Reporting
Paper-3: Business Mathematics and Logical Reasoning & Statistics
Paper-4: Business Economics and Business and Commercial Knowledge
- Part-I: Business Economics
- Part-II: Business and Commercial Knowledge
Candidates looking for the best CA Foundation books can click on the given link. Here, you’ll not only get the ICAI Foundation books and also the steps to download or purchase it from ICAI.
CA Foundation Question Papers with Suggested Answers
To know the ICAI CA Foundation Exam pattern, students need to go through the previous year’s question papers. This way, they can know the paper pattern, difficulty level, marks distribution, etc.
| Papers | Question Paper | Suggested Answers |
|---|---|---|
| Paper-1: Principles and Practice of Accounting | December 2021 | December 2021 |
| Paper-2: Business Laws and Business Correspondence and Reporting | December 2021 | December 2021 |
CA Foundation Papers for May 2022
Mock Test Papers and question papers are the best way to test your understanding of concepts before appearing for the exams. ICAI provides you with CA Foundation Exam Pattern to make your studies easy and to get a clear understanding of the exams. Moreover, we have created a complete collection of all the CA Foundation Question papers with solutions of the previous years, mock test papers and revision test papers, you’ll need during your preparation. Click on the link to get papers for all four subjects of the CA Foundation Exam.
Conclusion
As you have read the complete CA Foundation exam pattern for May 2022 and the chapter-wise weightage of all the CA Foundation papers, you now know how to prepare for the exams. Other than that, you now also know the negative marking in CA Foundation, passing criteria, study material, and question papers for efficient preparation. All the students are advised to first make a proper study plan and then start preparing to avoid waste of time and energy.
FAQ’s
Ques 1. What is the paper pattern of the CA Foundation exam 2022?
Ans- CA Foundation is divided into four papers, and each paper consists of 100 marks. The first two papers are subjective type, and the remaining two are MCQ based.
Ques 2. What are the passing criteria for CA Foundation exams?
Ans- To pass the CA Foundation exams, students need to get an aggregate of at least 50% and score more than 40% on each paper.
Ques 3. Is there any negative marking in the CA Foundation Papers?
Ans- There is a negative marking in the CA Foundation objective papers – 3 and 4. Therefore, 1/4th mark will be deducted for every wrong answer.
Ques 4. Does ICAI allow the use of the calculators in the CA Foundation Exam? Which type of calculator can be used?
Ans. As per ICAI guidelines, students can use a battery-operated calculator with up to 6 functions, 12 digits, and two memories.
Ques 5. Can I change my selected Medium of Study/Exam?
Ans. Yes, you will have to change the medium of study in your exam form when ICAI opens the correction window. To read more about the correction window, visit- CA Foundation Exam Form.
Ques 6. Is it easy to clear the CA Foundation Exam?
Ans. To pass the CA foundation exams, you need to study smartly. First, you need to know the CA Foundation exam pattern and syllabus. Then make a study plan and start preparing. Try to complete the CA Foundation syllabus early so that you can revise properly and solve enough mock test papers.