CA Foundation Exam Pattern & Paper Wise Weightage 2023
The CA Foundation exam is conducted by the Institute of Chartered Accountants of India (ICAI) twice a year in the months of May and November. The exam is a computer-based test (CBT) and consists of four papers:
- 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
It is important to note that the exam pattern and weightage for CA Foundation exam are determined by the Institute of Chartered Accountants of India (ICAI) and is subject to change, so we recommend checking the ICAI website or contacting the ICAI directly for the most up-to-date information.
What are the CA Foundation Passing Marks?
To pass the CA Foundation exam, a candidate must secure a minimum of 40% marks in each paper and an aggregate of 50% marks in the whole examination. To score this much a student should work hard and study from the authentic books for ca foundation. However, it is important to note that these passing marks are subject to change by the Institute of Chartered Accountants of India (ICAI) and are different for different categories of candidates.
- For General candidates: A candidate is required to secure a minimum of 40% marks in each paper and an aggregate of 50% marks in all the papers of the examination.
- For Candidates belonging to OBC: Candidates must obtain 40% marks in each paper and 50% overall to pass the examination.
- For Candidates belonging to SC: Each of the subjects must have a minimum of 40%, totaling 50% in order to qualify.
- For Candidates belonging to ST: Students must achieve a minimum passing mark of 40% in each paper and a total of 50% across all papers to pass the CA Foundation exams.
- For PwD (Persons with Disability) candidates: A person with a disability (PwD) is required to secure a minimum of 35% marks in each paper and an aggregate of 40% marks in all the papers of the examination.
CA Foundation Chapter-wise Weightage for All Subjects:
The chapter-wise weightage for the CA Foundation exam is determined by the Institute of Chartered Accountants of India (ICAI) and is subject to change. Here is the general chapter-wise weightage for the four papers of the CA Foundation exam.
- Paper 1: Principles and Practice of Accounting
- Accounting Standards - 15%
- Accounting for Special Transactions - 20%
- Final Accounts of Companies - 20%
- Partnership Accounts - 20%
- Financial Statements of Not-for-Profit Organisations - 15%
- Accountancy - 10%
- Paper 2: Business Laws and Business Correspondence and Reporting
- Business Laws - 60%
- Business Correspondence and Reporting - 40%
- Paper 3: Business Mathematics and Logical Reasoning & Statistics
- Business Mathematics - 40%
- Logical Reasoning - 20%
- Statistics - 40%
- Paper 4: Business Economics and Business and Commercial Knowledge
- Business Economics - 60%
- Business and Commercial Knowledge - 40%
Check this link if you are interested in purchasing online CA Entrance Exam Books
CA Foundation Study Material for May 2023
There are several study materials available for the CA Foundation exam, and the best materials for you will depend on your personal learning style and preferences. Some popular study materials for the CA Foundation exam include:
- Institute Study Material (ISM) by the Institute of Chartered Accountants of India (ICAI): The ISM is considered one of the best study materials for the CA Foundation exam as it is published by the ICAI, the body that conducts the exam. It is comprehensive and covers all the topics in the syllabus.
- RTP (Revision Test Papers) and MTP (Model Test Papers) by ICAI: These are the practice papers which are released by ICAI and they are considered very helpful in the preparation as it gives the students an idea of what type of questions and pattern they will face in the exam.
- CA Foundation Books: There are several best ca books publications in India and some of them are as follows:
- Shuchita Prakashan for Accounting, Business Laws, Ethics and Communication, Business Mathematics, and Logical Reasoning & Statistics.
- Taxmann Publications for Accounting, Business Laws, Ethics and Communication, Economic and Commercial Laws
- Vikas Publication for Accounting, Business Mathematics and Logical Reasoning & Statistics, Business Economics
- B.L. Khanna for Principles and Practice of Accounting, Mercantile Laws, Business Management, Ethics, and Entrepreneurship.
- S.Chand Publications for Accounting, Business Laws, Ethics and Communication, Economic and Commercial Laws
- D.S. Rawat for Business Mathematics and Logical Reasoning & Statistics
- R.Gupta for Business Management, Ethics, and Entrepreneurship
- Coaching Classes' Study Material: Many coaching classes offer study materials for the CA Foundation exam, which are often prepared by experienced faculty members and are tailored to the specific needs of the students.
- Video Lectures: There are various online platforms that provide video lectures for the CA Foundation exam, which are useful for students who prefer visual learning.
- Online Test Series: There are various online test series for the CA Foundation exam. They are very helpful for students as it gives them an idea of their preparation and also helps them identify the areas in which they need to improve.
FAQs:
Q 1: How many papers are there in the CA Foundation exam?
A 1: There are four papers in the CA Foundation exam:
- 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.
Q 2: How many marks are each paper worth?
A 2: CA foundation exam is for 400 marks where each paper is for 100 marks.
Q 3:What is the format of the CA Foundation exam papers?
A 3:The CA Foundation exam papers are both subjective and objective.
Paper 1 and 2 are subjective and paper 3 and 4 are objective.
Q 4:Is negative marking applicable in the CA Foundation exam?
A 4:Yes, there is a negative marking of ¼ marks for every wrong answer.
Q 5:What are the passing marks in CA Foundation?
A 5:To qualify the CA Foundation exam, candidates need to secure minimum 40% marks in each paper and an aggregate of 55% in all four papers.
Q 6:Are there any specific instructions for attempting the papers?
A 6:Yes, candidates should follow the instructions given in the question paper and also in the examination hall regarding the number of options to be attempted, use of pencil, etc.
Conclusion:
Now that you have read the entire CA Foundation exam pattern and the paper-wise weightage, you must have gained perspective on how to prepare for the exam. Apart from that as you are now aware of the passing criteria and the study material for ca foundation, so without wasting your time and energy, all students are advised to make a proper study plan to achieve their dream goal. Thanks for Reading!
