CA Foundation Syllabus 2020:
The Institute of Chartered Accountant of India is responsible for regulating the profession of Chartered Accountancy in the country. The ICAI is administered by the Ministry of Corporate Affairs, Government of India. The ICAI is also responsible for the conduct of the CA course in the country. The CA Foundation course is part of the ICAI. The CA Foundation syllabus 2020 will come to the aid of candidates preparing for the exam.
The CA Foundation exam is conducted twice a year in May and December every year. The CA Foundation consists of 4 papers. These include the following:
- Paper 1: Principles and Practice of Accounting
- Paper 2: Business Laws and Business Correspondence and Reporting
- Paper 3: Business Mathematics and Logical Reasoning & Statistics
- Paper 4: Business Economics and Business and Commercial Knowledge
CA Foundation syllabus:
|Paper 1 Principles and Practice of Accounting||Theoretical FrameworkAccounting ProcessBank Reconciliation StatementInventoriesConcept of Accounting of DepreciationAccounting for Special TransactionFinal Accounts of Sole ProprietorsPartnership AccountsFinancial Statements of Not-for-Profit OrganizationIntroduction to Company AccountsBasic Accounting ratios (Profitability, solvency, liquidity and turnover)|
|Paper 2 Business Laws and Business Correspondence and Reporting||Business Law The Indian Contract Act, 1872The Sale of Goods Act, 1930The Indian partnership act, 1932The Limited Liability Partnership Act, 2008The Companies Act, 2013 Business Correspondence and Reporting Part 1: CommunicationCommunication Part 2: Sentence types and word power Sentence typeVocabulary root words, synonyms, antonyms, prefixes, suffixes, phrasal verbs, collocations and idiomsPart 3: Comprehensive Passages and Note-MakingComprehension PassagesNote MakingDeveloping Writing SkillsIntroduction to Basic WritingPrecis WritingArticle WritingReport WritingWriting Formal LettersWriting Formal MailsResume WritingMeetings|
|Paper 3 Business Mathematics, Logical Reasoning And Statistics||Part A: Business MathematicsRatio and Proportions, Indices and LogarithmsEquations and MatricesLinear Inequalities with Objective Functions and Optimization with respect to Objective FunctionTime Value of MoneyPermutations and CombinationsSequence and SeriesSets, Relations and FunctionsBasic Application of Differential and Integral Calculus.Part B: Logical ReasoningNumber Series, Coding & Decoding and odd man outDirection TestsSeat ArrangementBlood RelationsSyllogismPart C: StatisticsStatistical Description of DataMeasures of Central Tendency and Dispersion.ProbabilityTheoretical DistributionsCorrelation and RegressionsIndex Number and Time Series|
|Paper 4 Business Economics and Business & Commercial Knowledge||Part A: Business Economics Introduction to Business EconomicsTheory of Demand and SupplyTheory of Production and CostPrice Determination in Different MarketsBusiness CyclesPart B: Business & Commercial KnowledgeIntroduction to BusinessBusiness EnvironmentBusiness OrganizationsGovernment Policies for Business GrowthOrganizations Facilitating BusinessCommon Business Technologies|
For further details regarding CA Foundation syllabus 2020 check the website at https://www.icai.org/post.html?post_id=13633 .