CA FOUNDATION SYLLABUS MAY 2020

CA FOUNDATION SYLLABUS MAY 2020

NEW CA FOUNDATION SYLLABUS MAY 2020​:The entrance exam for the students who want to pursue the CA course is called the CA Foundation exam whose syllabus is released

by The Institute of Chartered Accountants of India (ICAI). Students have to register before the 30th ​of ​June to appear for the ​November examination and ​31st of December to appear for​ the May ​examination.

One of the changes in the ​CA FOUNDATION SYLLABUS MAY 2020 includes changing the format of the exam as it is now partially subjective and partially objective. ​The ​last attempt for old syllabus CA-​CPT students was ​June 2019 ​and it was based on multiple-choice questions. ​The CA Foundation syllabus consists of two subjective and two objective papers.

Students should also keep in mind to regularly check the ICAI official website for modification or notification in the exams The registration for CA Foundation is valid for ​3 years after that a fee of Rs300 needs to be paid to revalidate registration for another 3 years.CA Foundation exams take place twice a year in the month of ​May/November​ along with other levels Intermediate and Final.

In this article, you will find every detail regarding ​C​A FOUNDATION SYLLABUS MAY 2020 which also has an option to Download CA FOUNDATION SYLLABUS PDF too.

Students should understand the New CA Foundation exam pattern and CA FOUNDATION SYLLABUS MAY 2020 properly to avoid any surprises on the day of the examination. One should be aware of the exam pattern for CA Foundation for better preparation

EXAM PATTERN FOR CA FOUNDATION SYLLABUS MAY 2020: Exam Mode

Offline-Conducted twice a year

Exam Medium

English or Hindi (English compulsory for Section B of Paper 2)

Number of papers

4

Exam Duration

Paper 1 and 2- ​3 hours Paper 3 and 4-​ 2 hours

Type of questions

Paper 1 and 2- Subjective/ Long answer type Paper 3 and 4- Objective

Maximum marks

400 (100 per paper)

Negative marking

Paper 3 and 4: -1/4th mark for every wrong answer to the objective questions

Passing criteria

40% marks per paper 50% marks in aggregate of all subjects

CA FOUNDATION SUBJECTS AND PAPER MAY 2020 Papers

Paper 1

CA Foundation Subjects

Weightage

Principles and Practices of Accounting

100 Marks

Business Laws and Business Correspondence and reporting

Paper 2

Subjective

Subjective

1. Business Laws

60 Marks

2. Business Correspondence and Reporting

40 Marks

Business Mathematics and Logical Reasoning and Statistics

Objective

Paper 3 1) Business Mathematics

40 Marks

2)

20 Marks

Logical Reasoning

3) Statistics Paper 4

40 Marks

Business Economics and Busines 100 marks and Commercial Knowledge

Objective

Download CA FOUNDATION SYLLABUS MAY 2020 PDF Here

CA FOUNDATION SYLLABUS MAY 2020 Paper

Syllabus ● ● ● ● ●

Theoretical Framework Accounting Process Bank Reconciliation Statement Inventories Concept and Accounting of Depreciation

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Accounting for Special Transactions ○ Bills of exchange and promissory notes ○ Sale of goods on approval or return basis ○ Consignments ○ Average due Date ○ Account Current Final Accounts of Sole Proprietors Partnership Accounts Financial Statements of Not-for-Profit Organizations Introduction to Company Accounts

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SECTION A: BUSINESS LAWS

PRINCIPLES AND PRACTICE OF ACCOUNTING

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BUSINESS LAWS AND BUSINESS CORRESPONDENCE AND REPORTING

The Indian Contract Act, 1872 The Sale of Goods Act, 1930 The Indian Partnership Act, 1932 The Limited Liability Partnership Act, 2008 The Companies Act, 2013

● SECTION B: BUSINESS CORRESPONDENCE AND REPORTING ○ ○

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Part – I: Communication ■ Communication Part – II: Sentence Types and Word Power ■ Sentence Types (Direct-Indirect, Active -Passive Speech) ■ Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations, and Idioms.

Part – III: Comprehension Passages and Note Making ■ Comprehension Passages

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■ Note Making Part – IV: Developing Writing Skills ■ Introduction oF Basic Writing ■ Article Writing ■ Writing Formal Mails ■ Resume Writing ■ Meetings ■ Précis Writing ■ Report Writing ■ Writing Formal Letters

● Part – A. Business Mathematics ○ ○

○

BUSINESS MATHEMATICS, LOGICAL REASONING, AND STATISTICS

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Permutations and Combinations Basic applications of Differential and Integral calculus Equations and Matrices Linear Inequalities with Objective Functions and Optimization w.r.t. objective function.

Sequence and Series Sets, Relations, and Functions Ratio and Proportion, Indices and Logarithms Time value of Money

● Part – B: Logical Reasoning (20 Marks) ○

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1. Number Series, Coding and Decoding and the odd man out Direction Tests Seating Arrangements Blood Relations Syllogism

● Part – C: Statistics

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The statistical description

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of​ ​Data Measures of Central tendency and Dispersion

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BUSINESS ECONOMICS AND BUSINESS AND COMMERCIAL KNOWLEDGE

Probability Theoretical Distributions Correlation and Regression Index Numbers and Time Series

PART I: BUSINESS ECONOMICS ○ Introduction to Business Economics ○ Theory of Demand and Supply ○ Theory of Production and Cost ○ Price Determination in Different Markets ○ Business Cycles

● PART – II: BUSINESS AND COMMERCIAL KNOWLEDGE ○

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Business and Commercial Knowledge – An Introduction Business Environment Business Organizations Government Policies for Business Growth Organizations Facilitating Business Common Business Terminologies

QUICK PREPARATION TIPS FOR CA FOUNDATION EXAM ● Make a feasible timetable. ● Revise on a daily, weekly and monthly basis. ● Practice maths daily. ● Memorize legal words to score good marks in law. ● Make summary notes for revision purposes. ● Solve as many past papers as possible. ● Focus on presentation and way of writing.

● Download ​CA FOUNDATION SYLLABUS PDF​ for detailed information on CA FOUNDATION SYLLABUS MAY 2020.