ICAI CA Foundation Syllabus for Nov 2021 (Updated)

ca foundation syllabus

Students looking for ICAI Foundation Syllabus can download it from the given page. Here we are sharing with you CA Foundation Syllabus for  Nov 2021  in PDF Format. Also, download the CA Foundation study material for Nov 2021 with the given link.

Candidates can get complete guidance from VSI to know how to become a CA. Becoming CA is not as easy as every candidate thinks. Candidates need to practice very well for the CA foundation exam. VSI provides candidates with CA foundation Papers to practice very well for the CA exam syllabus. ICAI has opened the CA foundation registration for the Nov 2021 attempt. Get the complete CA foundation registration guidance from VSI by clicking the following link.

Papers of Foundation Course 2021- Marks Distribution

  1. Principles and Practices of Accounting(100 Marks)
  2. Business Laws and Business Correspondence and Reporting(100 Marks)
    1. Business Laws(60 Marks)
    2. Business Correspondence and Reporting(40 Marks)
  3. Business Mathematics and Logical Reasoning and Statistics(100 Marks)
    1. Business Mathematics(40 Marks)
    2. Logical Reasoning(20 Marks)
    3. Statistics(40 Marks)
  4. Business Economics and Business and Commercial Knowledge(100 Marks)
    1. Section A: Business Economics(60 Marks)
    2. Section B: Business and Commercial Knowledge(40 Marks)

CA Foundation Nov 2021 Paper Pattern and Marking Scheme

  1. CA Foundation Exam consists of Four Subjects, each of 100 marks i.e total of 400 marks.
  2. In CA Foundation Two Subjects are Objective Paper and Two Subjects are of Subjective Pattern.
  3. Paper 1 and 2 are subjective and Paper 3 and 4 are Objective type.
  4. There is a 0.25 Negative Marking for every wrong answer of an objective question.
  5. CA Foundation Exams are conducted twice in 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 attain a minimum of 40% marks in every subject and a minimum of 50% of the aggregate of marks in all subjects.
  8. Each paper is divided into sections with a given approximate range of marks weightage in the paper.

Download ICAI CA Foundation Syllabus for Nov 2021

Before starting the preparation for the CA foundation exam, it is very important for the candidate to go through the CA foundation syllabus. Given below we have provided the Free PDF for candidates to download the CA foundation syllabus 2021 for future reference also the detailed ca syllabus 2021 of each subject is explained below.

CA Foundation Syllabus for 2021 PDF Download Download PDF

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, it consists of basic accounting which students have studied in the 11th and 12th commerce field i.e. Basic Concept of Accounting and

  1. Theoretical Framework
    1. Accounting Concepts, Principles, and Conventions.
    2. Accounting Terminology
    3. Capital and Revenue Expenditure, Capital and Revenue Receipts, contingent assets, and contingent liabilities.
    4. Accounting Policies
    5. Accounting as a Measurement Discipline
    6. Accounting Standards
    7. 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

This is the second paper in CA Foundation divided into Two Sections

Section A- Business Law (60 Marks)

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

SECTION A: BUSINESS LAWS (60 MARKS)

  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)

  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
      8. Exercises with Answers Hints
    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
      5. Exercises with Answers Clues.

PAPER –3: BUSINESS MATHEMATICS, LOGICAL REASONING, AND STATISTICS

This is the third paper of the CA Foundation which helps students to develop an understanding of Basic MathsReasoning and Statistical with their application in business, Finance, and Economics and also develop logical understanding to solve problems.

  1. Part – A. Business Mathematics (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
  2. Part – B: Logical Reasoning (20 Marks)

    1. Number Series, Coding and Decoding and the odd man out
    2. Direction Tests
    3. Seating Arrangements
    4. Blood Relations
  3. Part – C: Statistics (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

This is the fourth and last subject of CA Foundation, this subject is included to help students to make the concept of  Business Economics and apply such concepts and theories in simple problem-solving.

  1. Part I: Business Economics (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
  2. Part – II: Business and Commercial Knowledge (40 MARKS)

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

Also Read- CA Foundation Fees Structure

Significant Points to remember

The new CA Foundation course syllabus consists of four papers, the exams of which conducted from Nov 2019 and onward. The first two papers are subjective and the next two are objective. Negative marking will continue in the objective papers. As you can see the paper pattern has become tough so start your preparation from now.

Sometimes, students are not aware of the latest updates and information which can give them lots of trouble during the examination. Always check the official website of ICAI for getting updates on new announcements and changes in the schedule of the CA course.

There are lots of CA Foundation coaching institutes providing quality education and training in the stream of Chartered Accountant. As well as, they are always updated with the current changes by the institution and other things that are relevant for students. Therefore, individuals can also take help from them and prepare well for the examination.

Above all the mentioned things are applicable for those individuals who are preparing for CPT Foundation Nov 2021. These changes can affect the level of the entrance exam, and it will become tougher for CA aspirants. However, there are several experts and coaching are available for them to understand the pattern and how to pass Foundation in a simple way.

CA Foundation Preparation Tips

1. Cover the Whole Syllabus

Firstly, try to cover all the CA Foundation syllabus of all the Four Subjects, especially the regular practice of Maths, Reasoning, and Logical Subjects which need to solve practical questions and help to clear concepts thoroughly.

2. Make Proper Study Time Table

Make a proper study timetable and give more time to subjects which require more practice and less time to less hard work requiring Subjects. Manage accordingly because some subjects are may difficult for you but not for others and vice-a-versa.

3. Study Regularly

To score good marks in CA Foundation, students need to study hard and regularly with full dedication to attaining the desired foundation result.

4. Practice Mock Test Paper

After completing your full CA Foundation Syllabus, try to solve CA Foundation Mock Test Papers, Revision, Test Papers, and Past Year CA Foundation Question Papers which will help you to know the CA Foundation Exam Pattern and also help you for how to present an answer.

5. Revise Syllabus

Once you complete your CA Foundation Syllabus Nov 2021, try to revise the syllabus of the CA Foundation two-three times and simultaneously solve past year papers.

Frequently Asked Questions

Ques1- Can a student use a 12 digit calculator in CA Foundation Exams?

Ans – Yes, Students can use a 12 digit Calculator in their CA Foundation Exams.

Ques 2-  There is any kind of negative marking in CA Foundation Exams?

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

Ques 3- How many times a student can attempt for CA Foundation Exams?

Ans – A Student can attempt for 3 years i.e. can give for 6 attempts for CA Foundation Exams.

Ques 4- How many Subjects are there in CA Foundation?

Ans – There are a total of four subjects in CA Foundation

  1.  Principles and Practice of Accounting
  2. .Business Laws, Business Correspondence & Recording
  3.  Business Mathematics, Logical Reasoning & Statistics
  4.  Business Economics, Business & Commercial Knowledge.

Ques 5- How many marks are required to pass the CA Foundation Exams?

Ans – Minimum of 40% of marks in each subject and aggregate of 50% of marks in all subject is required to clear the CA Foundation Exams

Hope this information will help you to get the details about the CA Foundation Syllabus of Nov 2021. If you like this article so, you can share it which will also reach those aspirants who are not aware of the new scheme of the CA Foundation syllabus. Tell about this latest update to all, start sharing it with just one click. 

Related: How to Prepare for CA Foundation in 4 Months Study Period


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