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CA Foundation Exam Pattern
The CA Foundation Exam is conducted by the Institute of Chartered Accountants of India (ICAI) and consists of four subjects, namely, Principles and Practice of Accounting, Business Laws and Business Correspondence and Reporting, Business Mathematics and Logical Reasoning and Statistics, and Business Economics and Business and Commercial Knowledge. The exam pattern for each subject is as follows:
1. Principles and Practice of Accounting:
- The exam carries a weightage of 100 marks.
- It is divided into two sections: Section A and Section B.
- Section A consists of theoretical questions, while Section B includes practical problems.
- The section-wise weightage is as follows:
- Section A: Theoretical Framework (15 marks), Accounting Process (35 marks), Bank Reconciliation Statement (10 marks), and Inventories (10 marks).
- Section B: Depreciation accounting (10 marks), Preparation of Financial Statements of Sole Proprietors (20 marks), Partnership Accounts (10 marks), and Introduction to Company Accounts (10 marks).
2. Business Laws and Business Correspondence and Reporting:
- The exam carries a weightage of 100 marks.
- It is divided into two sections: Section A and Section B.
- Section A consists of Business Laws questions, while Section B focuses on Business Correspondence and Reporting.
- The section-wise weightage is as follows:
- Section A: The Indian Contract Act, 1872 (25 marks), The Sale of Goods Act, 1930 (20 marks), The Indian Partnership Act, 1932 (20 marks), and The Limited Liability Partnership Act, 2008 (10 marks).
- Section B: Communication (20 marks), Sentence Types (20 marks), Vocabulary (20 marks), and Comprehension Passages (10 marks).
3. Business Mathematics and Logical Reasoning and Statistics:
- The exam carries a weightage of 100 marks.
- It is divided into two sections: Section A and Section B.
- Section A consists of Business Mathematics and Logical Reasoning questions, while Section B focuses on Statistics.
- The section-wise weightage is as follows:
- Section A: Ratio and Proportion, Indices, and Logarithms (20 marks), Equations and Matrices (20 marks), Time Value of Money (20 marks), and Permutations and Combinations (20 marks).
- Section B: Statistics (40 marks).
4. Business Economics and Business and Commercial Knowledge:
- The exam carries a weightage of 100 marks.
- It is divided into two sections: Section A and Section B.
- Section A consists of Business Economics questions, while Section B focuses on Business and Commercial Knowledge.
- The section-wise weightage is as follows:
- Section A: Introduction to Micro Economics (40 marks) and Theory of Demand and Supply (30 marks).
- Section B: Business and Commercial Knowledge (40 marks).
It is important to note that the CA Foundation Exam is conducted in offline mode, and the duration of each subject is 3 hours. The exam pattern is designed to test the candidates' understanding, knowledge, and application of the concepts in the respective subjects.