CA Foundation Course is divided into four significant papers that include Accounts, Business, Law, Mathematics, English, Logical Reasoning, Economics, etc. All these subjects account for the 400 marks on CA Foundation Paper. This basic level or the entry-level test has a vast syllabus comprising these subjects. Also, the students need to prepare this in four months. So, to cover all the CA foundation Subjects in this period, students must be aware of the proper pattern, syllabus, books, references, etc. These all will be covered here in this article so that the students can prepare well for the examination.
Students can also refer to the CA Foundation Mock Test Papers uploaded by ICAI on the official site for better revision.
Table Of Contents
Important dates For CA Foundation 2024
The CA Foundation Exam was previously conducted in May, but now it will be held in June. So, this significant change is brought about due to the clash with the Class 12 CBSE Board Exams. So, now let us see, after the amendments, the new essential dates that students must consider.
| Last Date to Register | January 1, 2024 |
| Examination Form Portal Opens | February 21, 2024 |
| Deadline for filling the exam Form without a late fee | March 13, 2024 |
| Deadline for filling CA foundation exam form with late fee | March 14 – March 20, 2024 |
| CA Foundation 2024 exam form reopened | March 26, 2024, to March 30, 2024 |
| Correction window | March 21, 2024, to March 30, 2024 |
| Availability of admit card | To be notified |
| CA Foundation 2024 exam date | 24, 26, 28, 30, June 2024 |
Now, let us go through the dates on which the specific papers will be conducted.
| Papers | Date |
| Paper 1 | June 24, 2024 |
| Paper 2 | June 26, 2024 |
| Paper 3 | June 28, 2024 |
| Paper 4 | June 30, 2024 |
CA Foundation subjects 2024
CA Foundation course has mainly four subjects, and all these four subjects play an equal role in your overall marks. This is because each of the papers is for 100 marks. Now, let us go through each of the four papers in the CA Foundation Exam and their weightage.
- Paper 1: Principles and Practices of Accounting: 100 Marks
- Paper 2: Business Laws and Business Correspondence and Reporting: 100 Marks
- Business Laws: 60 Marks
- Business Correspondence and Reporting: 40 Marks
- Paper 3: Business Mathematics and Logical Reasoning and Statistics: 100 Marks
- Business Mathematics: 40 Marks
- Logical Reasoning: 20 Marks
- Statistics: 40 Marks
- Paper 4: Business Economics and Business and Commercial Knowledge: 100 Marks
- Business Economics: 60 Marks
- Business and Commercial Knowledge: 40 Marks
Hence, students can also get the syllabus for each paper on the official ICAI website. So, they need first to check the official syllabus and then only proceed with the preparation.
Exam patterns CA Foundation 2022
Now, coming to the Exam Patterns of CA Foundation 2024. The Exam Pattern of the CA Foundation Exam is decided by ICAI and might have some changes as per the circumstances. These changes are also updated by the ICAI on the official site so that the students do not get confused over the new exam pattern. Hence, let us go through the exam pattern finalized for the CA Foundation Exam 2024.
- Mode of Examination: Offline Examination
- Medium of Examination: English or Hindi, but English is compulsory for Section B of Paper 2.
- Types of Questions: Paper 3 and Paper 4 are of Objective Type, whereas Paper 1 and Paper 2 are of Subjective types
- Total Marks: 400 marks (100 marks for each question)
- Marking: Negative marking in Paper 1 and 2.
- Passing Criteria: 50% marks overall and at least 40% in each subject.
Therefore, CA Foundation is the basic exam that is also considered the entrance exam for the CA course. So, students must have adequately examined the Exam pattern to plan the preparation strategy properly.
Books names For CA Foundation 2024
The most crucial thing in any preparation is the reference or the resources from which the students read or prepare for the Exam. So, here we will be discussing the critical books or the resources that a CA Foundation aspirant can refer to for their preparation.
- Mercantile Law by MC Kucchal and Vivek Kucchal.
- Simplified Approach to Financial Management and Economics for Finance-Theory by CA K. Hariharan
- Quantitative Aptitude Mathematics with Short Tricks by CA Rajesh Jogani
- Fundamentals of Accounting for CA- CPT by PC Tulsian and Bharat Tulsian
- Handbook on Taxation: For CA Intermediate by G Sekar and B Saravana Prasath
- Practical Approach to Direct and Indirect Taxes: Income Tax and GST by Girish Ahuja and Ravi Gupta
- Conceptual Learning A Handbook on Indirect Tax Law By Yashwant Mangal for CA and CS Final Year
- Fundamentals of Accounting by DG Sharma
- Padhuka’s Law Ethics and Communication- Areferencer (For IPCC)
- Quicker Business Mathematics Logical Reasoning and Statistics by Taxmann
- Quick Revision Charts For Advanced Auditing and Professional Ethics
- Padhuka’s Student’s Handbook On Advanced Auditing: CA Final New Syllabus by Sekar and B Sarvana Prasath
- CA Foundation Principles and Practice of Accounting by Taxmann
- Padhuka’s Student Reference On Indirect Taxes: CA Final Old and New Syllabus by G Sekar and B Sarvana Prasath
Therefore, the first resource that the students should take is the ICAI CA Foundation study materials. Once the students are done with the ICAI materials, they can go for the additional resources and books mentioned above.
Conclusion
Therefore, we discussed some of the very crucial things regarding the CA Foundation Exam. The dates have now been revised, so the students must consider the new dates while preparing for the exams. Next, the students must have proper knowledge of the subjects and the syllabus. The pattern of the CA Foundation exam will also play a significant role in achieving good scores in the results. Further, here is the list of the books that are the best resources to study a particular subject. Hence, collective information is given here regarding the CA Foundation exam must be considered by the students for better help in preparation.