ICAI CA Foundation Syllabus 2022 (Download PDF)- Papers, Books, Marks, Weightage

                     

ICAI CA Foundation Syllabus 2022 – Students appearing for the May 2022 exams, need to know the complete details about the CA Foundation 2022 syllabus and the papers. Knowing about the syllabus, papers, subjects, exam pattern, weightage will help in preparing better for the CA Foundation exams. There are 4 CA Foundation subjects that students need to prepare to crack the exam.

Mentioned below are the official links of the resources provided by ICAI regarding the CA Foundation Syllabus.

In this blog, you’re going to know about the CA Foundation syllabus, subjects, papers, marking scheme, books, and preparation tips. But before that, here are some of the important details about the CA Foundation course. You can also download the CA Foundation syllabus pdf from this article.

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Paper-1: Principles and Practices of Accounting

Principles and Practices of Accounting is the very first paper in CA Foundation. The CA Foundation accounts syllabus consists of basic accounting which students have studied in the 11th and 12th commerce field i.e. Basic Concept of Accounting.

  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)

Also Check: How to become CA in India 

Paper-2: Business Laws and Business Correspondence and Reporting

The CA Foundation syllabus of paper 2 is a bit lengthy 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)

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
    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

Paper-3: Business Mathematics and 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. CA Foundation maths syllabus consist of 40 marks. Whereas the CA Foundation syllabus of reasoning covers 20 marks and of statistics covers 40 marks.

  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

Download ICAI CA Foundation Syllabus 2022 PDF

Students who are looking for the PDF of the CA Foundation syllabus can download it from the link given below. Students can download the syllabus for future reference.

CA Foundation Syllabus 2022 PDF DownloadDownload PDF

CA Foundation May 2022 Paper Pattern

Given below are a few important points regarding the CA Foundation exam pattern. The below-mentioned points are related to the exam paper pattern and marking scheme of the CA Foundation.

  1. CA Foundation Exam consists of Four Subjects, each consisting of 100 marks i.e. a 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 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 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.

CA Foundation Exam Details

Exam MediumEnglish/Hindi
Exam ModeOffline
Types of QuestionsPaper 1 & 2 – Subjective
Passing Criteriaabove 40% in each subject
Negative MarkingYes (Objective papers)
Maximum Marks400

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

CA Foundation Syllabus Weightage – Subject-wise

PapersCA Foundation SubjectsWeightage
1Principles and Practices of Accounting100 Marks
2Business Laws and Business Correspondence and reporting
1. Business Laws
2. Business Correspondence and Reporting
60 Marks
40 Marks
3Business Mathematics and Logical Reasoning and Statistics.
1. Business Mathematics
2. Logical Reasoning
3. Statistics
40 Marks
20 Marks
40 Marks
4Business Economics and Business and Commercial Knowledge100 marks

CA Foundation Books

If students want to prepare well, then they have to choose good CA Foundation books. Therefore, we have mention some important books that will cover the whole CA Foundation syllabus.

Principles And Practice Of Accounting

  • Fundamentals of Accounting for CA – CPT by P.C Tulsian and Bharat Tulsian
  • CPT Grewal’s Accountancy by M.P Gupta & B.M Aggarwal
  • Fundamentals of Accounting by D.G Sharma
  • Padhuka Basics of Accounting for CA CPT by G. Sekar & b Saravana Prasath
  • General Economics by S.K. Agarwal

Quantitative Aptitude

  • Quantitative Aptitude by Dr. T. Padma and K.C.P Rao
  • Padhuka’s practical Guide On Quantitative Aptitude For CA CPT by G.Sekar and Saravana Prasath
  • Quantitative Aptitude for CPT: mathematics and Statistics by Tulsian P. C. and Jhujhunwala Bharat
  • Quantitative Aptitude Mathematics With Short Tricks By CA Rajesh Jogani

Mercantile Law

  • Mercantile Laws for CA CPT by P C Tulsian
  • S Chand Mercantile Laws for CA CPT by P P S GOGNA
  • Mercantile Law by M.C.Kuchhal and Vivek Kucchal
  • Padhuka’s MCQ Bank by G Sekar and B Sarvana Prasath

These books will definitely help you during your preparation. It is advised to all the students that they should start their preparation early, so that they can understand the concepts properly and get enough time to revise.

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. Students should give priority to the CA Foundation study material provided by ICAI.

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 May 2022, try to revise the syllabus of the CA Foundation two three times and simultaneously solve past year papers.

In this blog, you have read in detail about the CA Foundation Syllabus 2022. Along with the CA Foundation Syllabus, we also covered the CA Foundation exam pattern, marking scheme, books, and preparation tips. Now, as you know the complete syllabus of CA Foundation, start your preparation. All the Best!!

Frequently Asked Questions

Ques 1- Is there any updates in the CA Foundation syllabus 2022? 

Ans – Yes, ICAI has made some updations in the CA Foundation syllabus 2022. Students are advised to only follow the revised syllabus.

Ques 2- How many subjects are there in CA Foundation? 

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

Ques 3- How to download the pdf of the CA Foundation syllabus 2022? 

Ans – Students can download the CA Foundation syllabus 2022 in pdf format from the ICAI website. Or you can directly download it from the above-mentioned link.

Ques 4-  Is there any kind of 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 a student can attempt for CA Foundation Exams?

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

Ques 6- 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.