CA Foundation Syllabus 2022 – Competition Forum

CA Foundation Syllabus for November 2022 PDF

It is important for students taking the CA Foundation examination to know the detailed syllabus released by ICAI for May/November 2022. Going through the CA Foundation 2022 syllabus will assist you in understanding the subjects, topics and sub-topics that you are going to study. You can download CA Foundation study material from ICAI website or from our website.

Paper 1: Principles and Practice of Accounting

This the first paper in the CA Foundation Test. Accounts paper is mainly based on the basic accounting concepts that commerce students study in their 11th and 12th syllabus. However, most of the questions are practical application questions that require meticulous observation and understanding of concepts.
Key points:

Number of questions	6 (each question has 2/3 sub-questions)
Number of Questions to attempt	5 (Question 1 compulsory)
Total Marks	100 (each question of 20 marks)
Type of Questions	Subjective
Negative Marking	No negative Marks
Duration	3 hours

CA FOUNDATION ACCOUNTS SYLLABUS 2022:

S.No	Topic	Sub-Topic	Weightage
1	Theoretical Framework	1. Meaning and Scope of Accounting.	5% to 10% (i.e. 5 to 10 Marks)
		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	25%-30% (25 – 30 Marks)
		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	15-20% (15 -20 Marks)
		2. Sale of Goods on approval or return basis
		3. Consignments
		4. Average due date
		5. Account Current.
7	Final Accounts of Sole Proprietors		30-40%
8	Partnership Accounts	Final Accounts of Partnership Firms
		Admission, Retirement, and Death of a Partner including Treatment of Goodwill
		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	10-15%
		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 Law and Business Correspondence and Reporting

CA Foundation Paper 2 is divided into two parts.

PART A : Business Law (60 Marks)

Part B: Business Correspondence and Reporting (BCR) (40 Marks)

While BCR section deals mainly with English Grammar and Composition that you have some knowledge about, Business Law section is completely new for all students. The CA Foundation Law syllabus consists of detailed theory of Business Laws and you need to understand both the laws as well as their application. So it is important that you cover this paper earlier and then revise it thoroughly. While preparing for Paper 2, focus should be on developing the correct method of writing answers.
Key points:

Number of questions	Part A : 6 questions (Qns 1 to 6) Part B: 5 questions (Qns 7 to 11)
Number of Questions to attempt	Part A : 4 (Question 1 compulsory) Part B: 4 (Question 7 is compulsory)
Total Marks	100
Type of Questions	Subjective
Negative Marking	No negative Marks
Duration	3 hours

CA FOUNDATION BUSINESS LAW SYLLABUS 2022

S.No	Topic	Sub-Topic	Weightage
1	The Indian Contract Act, 1872	1. Nature of Contracts	25-35%
		2. Consideration
		3. Other Essential Elements of a Contract
		4. Performance of Contract
		5. Breach of Contract and its Remedies
		6. Contingent and Quasi Contracts
2	The Sale of Goods Act, 1930	1. Formation of the Contract of Sale	20%-25%
		2. Conditions & Warranties
		3. Transfer of Ownership and Delivery of Goods
		4. Unpaid Seller
3	The Indian Partnership Act, 1932	1. General Nature of a Partnership	20%-25%
		2. Relations of Partners
		3. Registration and Dissolution of a Firm
4	The Limited Liability Partnership Act, 2008	Introduction, Essential Features, Characteristics of LLP, Incorporation and differences with other organizations	5% – 10%
5	The Companies Act, 2013	Essential features of a company, corporate veil theory, classes of company, types of share capital, incorporation, Memorandum of Association, Articles of Association, Doctrine of Indoor Management	15% – 20%

CA FOUNDATION BUSINESS COMMUNICATION & REPORTING (BCR) SYLLABUS 2022

S.No	Topic	Sub-Topic	Weightage
1	Communication	Definition, types, networks, characteristics, barriers	10%-15% (5 to 7 Marks)
2	Sentence Types, Active-Passive Voice and Direct-Indirect Speech	Types of phrases, clauses and sentences; Parts of a sentence; Verb Tense; Subject-verb agreement; Active-Passive Voice, Direct-Indirect Speech	20%-30%
3	Vocabulary	Importance of Vocabulary, Root Words, Synonyms & Antonyms, Idioms & Phrases, etc.	20%-30%
4	Comprehension Passages	Introduction, Understanding types of questions, sample passages and answers	20% – 30%
5	Note Making	Introduction, types of note making, format of linear note-making, sample passages and notes	20% – 30%
6	Introduction to Basics of Writing	Introduction, process of writing, styles of writing, significance of writing skills, characteristics of good writing, etc.	35%-40%
7	Precis Writing	What is Precis writing, features, how to write precis, sample passages and answers
8	Article Writing	Introduction, essential elements of article writing, format, sample articles
9	Report Writing	Introduction, elements, types of reports, format, sample reports
10 (a)	Formal Letters	Format, type and example of letters
10 (b)	Official Communication	Types of official communication, circulars & memos
11	Writing Formal e-mails	What is e-mail, format & tips of writing a good e-mail, sample e-mails
12	Resume Writing	Elements of a Resume, types of resume – Chronological, functional and mixed, sample resumes
13	Meetings	Notice, agenda, Minutes of meetings, action taken report

Paper 3: Business Mathematics, Logical Reasoning and Statistics

CA Foundation Paper 3 is divided into three parts.

Part A : Business Mathematics (40 Marks)

Part B: Logical Reasoning (20 Marks)

Part C: Statistics (40 Marks)

Paper 3 of CA Foundation is one of the most challenging for students. There are a number of factors that make this paper tough. First, mathematics is one area which most students are not comfortable with. Second, solving 100 questions, many of which are time taking and calculative, in 2 hours is difficult. Finally, negative marking for wrong answers makes the whole process of getting the required marks tricky for students. However, we at Competition Forum believe that if you prepare thoroughly and learn shortcut techniques for solving questions, it will be very easy for you to crack this paper.

Key points:

Number of questions	Part A : 40 Part B: 20 Part C: 40
Number of Questions to attempt	You can attempt all 100 questions
Total Marks	100
Type of Questions	Objective (MCQs)
Negative Marking	-0.25 for wrong answers.
Duration	2 hours

CA FOUNDATION BUSINESS Mathematics, Logical Reasoning & Statistics SYLLABUS 2022

S.No	Topic	Sub-Topic	Weightage
PART A
1	Ratio and Proportion, Indices and Logarithms	Ratio, types of ratios, application of ratios, proportion, properties of proportion, laws of indices, logarithm and anti-logarithm	20%-30% (8 to 12 Marks)
2	Equations	Linear Equations, Application of linear equations, quadratic equations, cubic equations
3	Linear Inequalities	Linear inequalities in one variable, interpreting graph of linear inequality, solution space and optimal solution
4	Time value of Money	Simple Interest, Compound Interest, Effective rate of Interest, Annuity, perpetuity, depreciation, etc.	30% – 40% (12 to 16 questions)
5	Permutations and Combinations	Factorials, Permutation, Circular Permutation, Selective Permutation, Combination	30%-50% (12 to 20 questions)
6	Sequence and Series – Arithmetic and Geometric Progressions	Sequence , Series, Arithmetic Progression, Arithmetic Mean, Geometric Progression, Geometric Mean
7	Sets, Functions and Relations	Types of sets, cardinal number, concept of venn-diagrams, cartesian product, Relations, types, Functions, types, inverse and composite function
8	Basic Application of Differential & Integral Calculus	Differentiation, standard formulas, rules, implicit function, composite function, parametric equation, logarithmic differentiation, Integration, rules, integration by parts, partial fractions
PART B
1	Number Series, Coding and Decoding and the odd man out	Coding, type of coding techniques, type of number series, odd-man-out, solved examples	20%-30% (4 to 6 questions)
2	Directions Test	Concept of direction, light source and reflection, types of questions	15%-20% (3 to 4 questions)
3	Seating Arrangement	Linear and circular seating arrangement, arrangement in rows, vertical arrangement, etc.	20%-30% (4 to 6 questions)
4	Blood Relations	Types of relations, concept of family tree, coded relations, solved examples	15%-25% (3 to 5 questions)
PART C
1	Statistical Description of Data	Collection, Classification, scrutiny and representation of data, frequency, frequency distribution, cumulative frequency, graphical representation of frequency distribution	45% – 50% (18 – 20 questions)
2	Measures of Central tendency and Dispersion	Mean, Median, Mode, Quartiles, deciles and percentiles, GM & HM, weighted average, Range, quartile deviation, Mean deviation and standard deviation	45% – 50% (18 – 20 questions)
3	Probability	Types of events, mutually exclusive events, Classical definition, Statistical definition, Addition theorem, Conditional and compound probability, mathematical expectation	25% – 30% (10 to 12 questions)
4	Theoretical Distributions	Binomial, Poisson and Normal Distribution	25% – 30% (10 to 12 questions)
5	Correlation and Regression	Bi-variate data, scatter diagram, Karl Pearson’s coefficient, Rank Correlation, Concurrent deviation, properties	10% – 15% (4 to 6 questions)
6	Index Numbers	Definition, types of index numbers, Test of Adequacy, application	10% – 15% (4 to 6 questions)

Paper 4: Business Economics & Business and Commercial Knowledge (BCK)

CA Foundation Paper 4 is divided into two parts.

Part A : Business Economics (60 Marks)

Part B: Business & Commercial Knowledge (40 Marks)

Paper 4 of CA Foundation is one where you can score the highest. Compared to the other three papers, students usually find this paper relatively easy. If you want to score above 250 in the CA Foundation examination (all papers combined), it is important that you aim to score at least 80 in this paper. At Competition Forum we ensure that you get the right tools (mind maps, short-notes, charts, etc.) to optimise your score. One of the things that you need to understand is that the key to scoring 80+ in paper 4 lies in maximising your score in the BCK section of the paper. For that you need in-depth understanding of how questions will come in this section.

Key points:

Number of questions	Part A : 60 Part B: 40
Number of Questions to attempt	You can attempt all 100 questions
Total Marks	100
Type of Questions	Objective (MCQs)
Negative Marking	-0.25 for wrong answers.
Duration	2 hours

CA FOUNDATION BUSINESS ECONOMICS & BCK SYLLABUS 2022

S.No	Topic	Sub-Topic	Weightage
PART A
1	Nature & Scope of Business Economics	Introduction to Business Economics	15%-20%
1	Nature & Scope of Business Economics	Basic Problems of an Economy & Role of Price Mechanism	15%-20%
2	Theory of Demand and Supply	Law of Demand and Elasticity of Demand	35%-40%
		Theory of Consumer Behaviour
		Supply
3	Theory of Production and Cost	Theory of Production
	Theory of Production and Cost	Theory of Cost

4	Price Determination in Different Markets	Meaning and Types of Markets	25% – 30%
		Determination of Prices
		Price Output Determination under Different Market Forms
5	Business Cycles	Meaning, phases, Features and causes	15% – 20%
PART B
1	Business and Commercial Knowledge – An Introduction	Nature of Business, objective of business, economic & non-economic objectives, forms of business organizations	15% – 18%
2	Business Environment	Micro & Macro Environment	15%-18%
3	Business Organizations	Overview of selected Indian Ornganizations	15%-20%
4	Government Policies for Business Growth	Policies related to Liberalisation, Privatisation & FDI	15%- 18%
5	Organizations Facilitating Business	Indian regulatory bodies (RBI, SEBI, etc.); Indian development banks (NABARD)	15%- 18%
6	Common Business Terminologies	Finance, stock & capital market terminologies, marketing & banking terminologies, etc.	15%- 18%