CA Foundation Syllabus 2022: Subjects, Weightage (Download PDF)

The ICAI released the CA Foundation syllabus 2022 applicable for the November exams. The syllabus will let you know the objective of the subjects and what units and topics you will study.

The CA Foundation syllabus consists of 4 subjects that revolve around accounting, law, maths, and economics. To complete the course on time, students should follow a study timetable made according to the CA Foundation exam pattern.

The ICAI replaced the CPT Course with the CA Foundation course in July 2017. The institute made the changes to increase the difficulty level of the CA entrance exam.

In this article, you’ll get the ICAI CA Foundation syllabus 2022 for the Nov exams, a direct link to download the syllabus pdf, weightage and exam pattern.

Students looking for quality teaching and personalized guidance can join the CA Foundation classes of VSI Jaipur for the 2022 exams.

Also Check: How to become CA in India 

CA Foundation Syllabus 2022 (Updated)

Before checking out the syllabus, students should check the overview of the syllabus from the below table.

Paper 1: Principles and Practices of Accounting Syllabus (100 Marks)

Principles and Practices of Accounting is the first paper of the CA Foundation course. The syllabus of CA Foundation Accounts consists of basic accounting, which students might have studied in the 11th and 12th.

The CA Foundation accounts syllabus for the May 2022 exams is as follows:

1. Theoretical Framework
   1. Meaning and Scope of Accounting.
   2. Accounting Concepts, Principles, and Conventions.
   3. Accounting Terminology
   4. Capital and Revenue Expenditure, Capital and Revenue Receipts, contingent assets, and contingent liabilities.
   5. Accounting Policies
   6. Accounting as a Measurement Discipline
   7. Accounting Standards
   8. Indian Accounting Standards(IND AS)
2. Accounting Process
   1. Books of Accounts
   2. Preparation of Trial Balance
   3. Rectification of Errors
3. Bank Reconciliation Statements
4. Inventories
5. Concept and accounting of Depreciation
6. Accounting for Special Transactions
   1. Bill of Exchange and Promissory Notes
   2. Sale of Goods on approval or return basis
   3. Consignments
   4. Average due date
   5. Account Current.
7. Final Accounts of Sole Proprietors
8. Partnership Accounts
   1. Final Accounts of Partnership Firms
   2. Admission, Retirement, and Death of a Partner including Treatment of Goodwill
   3. Introduction to LLPs and Distinction of LLPs from Partnership.
9. Financial Statements of Non-Profit Organisations
10. Introduction to Company Accounts
    1. Definition of shares and debentures
    2. The issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares
    3. Statement of Profit and Loss and Balance Sheet as per Schedule III to the Companies Act, 2013.
    4. Basic Accounting Ratios (Profitability, Solvency, Liquidity, and Turnover)

Paper 2: Business Laws and Business Correspondence and Reporting Syllabus (100 Marks)

The syllabus of paper 2 is a bit longer in terms of the theoretical parts. It is divided into two sections:

• Section A- Business Law (60 Marks)
• Section B- Business Correspondence and Reporting Syllabus (40 Marks)

The CA Foundation Law syllabus consists of theory and needs proper understanding. So students should cover this syllabus early so that they can revise it at least 2 times.

Section A: Business Laws Syllabus (60 Marks)

The CA Foundation business law syllabus is:

1. The Indian Contract Act, 1872
2. The Sale of Goods Act, 1930
3. The Indian Partnership Act, 1932
4. The Limited Liability Partnership Act, 2008
5. The Companies Act, 2013

Section B- Business Correspondence and Reporting Syllabus (40 Marks)

The ICAI Foundation syllabus for business correspondence and reporting is:

1. PART-I Communication
   1. Types
   2. Directions
   3. Network
   4. Process
   5. Problems
   6. Barriers
   7. Types of Communications
      1. Interpersonal Skills
      2. Listening Skills
      3. Emotional Intelligence
   8. Sample question with answers
   9. Exercise
2. PART-II Sentence Type and Word Power
   1. Sentence Types (Direct-Indirect, Active-Passive Speech)
      1. Sentence: Definition
      2. Classification of sentence based on connotation
      3. Sentence Structure
      4. Types of sentences
      5. Direct-Indirect Speech
         1. Introduction
         2. Procedure for converting Direct speech into Indirect speech
         3. Rules for converting Indirect speech into Direct speech
      6. Active Passive Voice: Introduction
      7. Verbs Voice: Active or passive
      8. Exercises with Answers
   2. Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations & Idioms
      1. Introduction
      2. Significance of improving vocabulary
      3. How to improve vocabulary
      4. Root words
      5. Synonyms and Antonyms
      6. Words formed by using Prefixes
      7. Words formed by using Suffixes
      8. Phrasal verbs
      9. Collocations
      10. Idioms
      11. Exercises with Answers
3. Part III: Comprehension Passages and Note-Making
   1. Comprehension Passages
   2. Note Making
      1. Introduction to Note Making
      2. Significance of Note Making
      3. Detailed Format Heading(Title)
      4. Steps to Comprehend and summarize the text
      5. Helpful Hints
      6. Sample Passages with Notes
      7. Exercises with Answers
4. Part IV: Developing Writing Skills
   1. Introduction to Basic Writing
      1. Introduction
      2. Process of writing
      3. Styles of Writing
      4. Significance of writing skills for students
      5. Writing Conventions
      6. Characteristics of good writing
      7. Do’s and Don’ts of good writing
   2. Precis Writing
      1. What is Precis writing?
      2. Features of good Precis writing
      3. How to write a Precis
      4. Do’s and Don’ts of Precis writing
      5. Examples(Passages with Precis)
      6. Exercises with Answers
   3. Article Writing
      1. What is an Article?
      2. Essential elements of Article Writing
      3. Detailed Format
   4. Report Writing
      1. What is a Report?
      2. Essential elements of Report Writing
      3. Kinds of Reports
      4. Tips and Conventions of Report Writing
      5. Sample Reports
      6. Exercises with Answers Clues
   5. Writing Formal Letters
      1. Types of Letters
      2. Detailed format for (I) above
      3. Points to Remember
      4. Sample Letters
      5. Exercises with Answers Clues
   6. Writing Formal Mails
      1. How to Write a Formal Mail?
      2. Writing Effective Mails
      3. Essential elements of Mails
      4. Tips and Conventions of Mails
      5. Sample Mails
      6. Exercises with Answers Clues
   7. Resume Writing
      1. Essential Elements of Resume
      2. Resume Writing Tips and Conventions
      3. Sample Resumes
      4. Exercises with Answers Clues
   8. Meetings
      1. Notice
      2. Agenda
      3. Drafting minutes
      4. Action Taken Report

Must Read: CA Course – All you need to know

Paper 3: Business Mathematics and Logical Reasoning and Statistics Syllabus (100 Marks)

Business Mathematics is the third paper of the CA Foundation. It helps students to develop an understanding of Basic Maths, Reasoning, and statistics. The application of the CA Foundation maths syllabus is in the business, Finance, and Economics sectors and helps students develop a logical understanding to solve problems. The CA Foundation maths syllabus consists of 40 marks. Whereas the reasoning syllabus covers 20 marks and statistics covers 40 marks.

In the CA Foundation Maths syllabus, you’ll study ratios, equations, permutations and combinations, calculus, and many other topics you might have learned in school.

Part A: Business Mathematics Syllabus (40 Marks)

1. Ratio and Proportion, Indices and Logarithms
2. Equations
3. Linear Inequalities with Objective Functions and Optimization w.r.t. objective function.
4. Time value of Money
5. Permutations and Combinations
6. Sequence and Series
7. Sets, Relations, and Functions
8. Basic applications of Differential and Integral Calculus

Part B: Logical Reasoning Syllabus (20 Marks)

1. Number Series, Coding and Decoding and the odd man out
2. Direction Tests
3. Seating Arrangements
4. Blood Relations

Part C: Statistics Syllabus (40 Marks)

1. The statistical description of Data
2. Measures of Central tendency and Dispersion
3. Probability
4. Theoretical Distributions
5. Correlation and Regression
6. Index Numbers

Paper 4: Business Economics and Business and Commercial Knowledge Syllabus (100 Marks)

Business Economics is the fourth and last subject of the CA Foundation. This subject helps students learn the concept of Business Economics and apply such concepts and theories in simple problem-solving.

Part I: Business Economics Syllabus (60 Marks)

1. Introduction to Business Economics
2. Theory of Demand and Supply
3. Theory of Production and Cost
4. Price Determination in Different Markets
5. Business Cycles

Part II: Business and Commercial Knowledge Syllabus (40 Marks)

1. Business and Commercial Knowledge – An Introduction
2. Business Environment
3. Organizations
4. Government Policies for Business Growth
5. Organizations Facilitating Business
6. Common Business Terminologies

To check the CA Foundation syllabus in Hindi, you can visit this page.

ICAI recently proposed a new scheme of education and training. In the new scheme, ICAI will remove the Business Correspondence and Reporting and Business and Commercial Knowledge.

Download CA Foundation Syllabus 2022 PDF

Students can download the CA Foundation syllabus 2022 pdf for the May and November exams from the direct link below:

Students can also download the CA Foundation study material from this page.

CA Foundation Subjects 2022

In total, there are 4 subjects in the CA Foundation syllabus that students have to prepare for the exams. These 4 CA Foundation subjects are:

1. Principles and practices of Accounting (100 Marks)
2. Business Laws and Business Correspondence and Reporting (100 Marks)
   • Business Laws (60 Marks)
   • Business Correspondence and Reporting (40 Marks)
3. Business Mathematics and Logical Reasoning and Statistics (100 Marks)
   • Business Mathematics(40 Marks) and Logical Reasoning (20 Marks)
   • Statistics (40 Marks)
4. Business Economics and Business and Commercial Knowledge (100 Marks)
   • Business Economics (60 Marks)
   • Business and Commercial Knowledge (40 Marks)

Weightage of ICAI Foundation Syllabus 2022

In the table mentioned below, you’ll find the subject-wise weightage of all 4 CA Foundation subjects.

Read More: CA Foundation Exam Dates for Nov 2022 Exams

CA Foundation Exam Pattern

The CA Foundation exam pattern and the marking scheme are as follows:

1. CA Foundation Exam consists of Four Subjects, each of 100 marks, i.e., 400 marks.
2. In CA Foundation, two subjects are in an objective pattern, and two are in a subjective Pattern.
3. Paper 1 and 2 are subjective, and Paper 3 and 4 are Objective types.
4. There is a 0.25 Negative Marking for every wrong answer to an objective question.
5. CA Foundation Exams are conducted twice a year, i.e., in Nov.
6. Students have a choice to give CA Foundation exams in English or Hindi Medium.
7. Candidates need to get at least 40% marks in every subject and a minimum of 50% total marks in all subjects.
8. Each paper is divided into sections with a given approximate mark weightage in the paper.

Check out the CA Foundation question papers and mock test papers of the last 5 years from this page.

Frequently Asked Questions

Ques 1. How to download the CA Foundation syllabus 2022 pdf? 

Ans – Students can download the CA Foundation syllabus pdf for May and Nov 2022 exams from the ICAI website. Or you can directly download it from this page.

Ques 2. How many CA Foundation subjects are there? 

Ans – There are 4 subjects in the CA Foundation course: Principles and Practice of Accounting, Business Laws and Correspondence and Reporting, Business Mathematics and Logical Reasoning & Statistics, and Economics and Business and Commercial Knowledge.

Ques 3. Are there any updates in the CA Foundation syllabus 2022? 

Ans – Yes, ICAI has updated the CA Foundation syllabus 2022. Students are advised to follow only the revised syllabus.

Ques 4. Is there any negative marking in CA Foundation Exams?

Ans – Yes, for every wrong answer, there is a negative marking of 0.25.

Ques 5. How many times can a student give CA Foundation Exams?

Ans – A Student can give Foundation exam for three years, i.e., can give six attempts for CA Foundation Exams.

Ques 6. Is it difficult to clear the CA Foundation exams?

Ans – No, students can easily clear the CA Foundation exams. However, to get a good CA Foundation result, students need to cover the complete syllabus, revise it 2-3 times, and do practice with mock test papers.

Ques 7. When will ICAI release the CA Foundation Syllabus for the 2023 exams?

Ans – ICAI will soon release the CA Foundation 2023 syllabus on its official website. Until then, students can go through the CA syllabus applicable for the 2022 attempt.