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ca foundation

Fayisa Pathu (13 Points)

29 August 2017

How to prepare for ca foundation?

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5 Replies

Fayisa Pathu (13 Points)
Replied 29 August 2017

anyone can help me.

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Rohit (Student) (149 Points)
Replied 02 September 2017

u want to do self study?

Atul Jain (CA) (109 Points)
Replied 08 June 2018

CA foundation is an entry-level exam of Chartered Accountancy course. The course is much like your eleventh and twelfth standard (Commerce stream). The syllabus is partitioned into four subjects -

Paper 1: Principles and Practices of Accounting
Paper 2: Mercantile Law and General English
Part I: Mercantile Law
Part II: General English
Paper 3: Business Mathematics, Logical Reasoning, and Statistics
Part I: Business Mathematics and Logical Reasoning
   Part II: Business Statistics
Paper 4: Business Economics & Business and Commercial Knowledge
   Part I: Business Economics
   Part II: Business and Commercial Knowledge

CA foundation preparation for exams:

You have officially experienced the Accounts in your senior classes subsequently it is scoring and this subject can truly assist you with covering your total percentage. Give your 100% regarding this subject.

Mercantile Law is another subject for you yet this one is likewise scoring. You require not take in each and every segment. Ensure your concepts ought to be clear.

The third paper Business Mathematics, Logical Reasoning, and Statistics is a target based paper design. By and large, it has been seen that Maths is the weakest factor among commerce students. Try not to stress, 12 digits calculator is permitted in CA Foundation Exams. However, you need to practice on the calculator and furthermore learn short traps which spares your opportunity in Examination hall.

Fourth Paper is Business Economics and Business and Commercial Knowledge, whether you are a CBSE student or RBSE student who picked Commerce with Economics, at that point this paper is additionally scoring for you. Other students need practice.

Madi Purohit (self employed) (48 Points)
Replied 12 June 2018

CA Foundation syllabus is divided into 4 subjects:

Principles and practices of Accounting(100 Marks)
Business Laws and Business Correspondence and reporting (100 Marks)
- Business Laws (60 Marks)
- Business Correspondence and Reporting (40 Marks)
Business Mathematics and Logical Reasoning and Statistics. (100 Marks)
- Business Mathematics(40 Marks) and Logical Reasoning (20 Marks)
- Statistics (40 Marks)
Business Economics and Business and Commercial Knowledge (100 Marks)
- Business Economics(60 Marks)
- Business and Commercial Knowledge (40 Marks)

Do smart work like:

Priority to Most Important Topics
Consult Previous Year Question Papers
Know What to Study and What Not to
Learning by Writing
Revise Scientifically
Attempting Mock Tests
Setting Small and Realistic Targets Everyday

Tanay Kumar Das (CA Foundation Mentor) (84 Points)
Replied 24 July 2019

CA Foundation Subjective Wise Preparation Plan

Paper 1

Subject – Principles and Practices of Accounting
Exam Type – Subjective
Maximum Marks – 100

From the four subjects, you must be very familiar with “Principles and Practices of Accounting”. This is the first paper and basic subject if you are from the commerce background.

The best part is that it conducts for the full 100 marks. You can score high on this subject and make this subject as much strength as you will not have to bother with your aggregate percentage. You can practice this subject on a daily basis. And if you are a commerce student then its practice on daily basis will also help you to get a good score in 12th standard also.

Paper 2

Subject – Business Laws, and Business Correspondence and Reporting
Exam Type – Subjective
Maximum Marks – 60+40

The second paper is divided into two parts business laws and business correspondence and reporting. If we talk about the first subject, that is Business Laws, it will be a new subject for the students who are appearing in CA Foundation directly after 12th. But don’t worry, because this gives you a basic understanding of the General Laws prevailing in our country. And whether you are appearing for CA course or not, you should have a basic idea of these laws. This Subject is part of paper -2 and will carry 60 marks.

This is a complete theory subject and very interesting to read. As we already told you this gives you a basic idea of the general laws prevailing in our country.

Next subject we will discuss Business Correspondence and Reporting. In general terms, we can call it by “General English”. This subject is newly inserted by the ICAI in CA Foundation as per the revised scheme. This is introduced after seeing the demand for Good Communication Skills of CA’s in Today’s Era. This is also a general Subject, basics of what we studied in our school life.

This is a part of PAPER – 2 and will carry 40 marks in 2nd paper.

The score in this paper could be high as much as you want and if you are from the English medium, it will be like butter in your milk. You can practice this subject on alternate days. Minimum 3 days you should give on this subject in a week for at least 2 hours.

Paper – 3

Subject – Business Mathematics, Logical Reasoning, Business Statistics
Exam Type – Objective
Maximum Marks – 40+20+40

The First subject came around is Business Mathematics. This is a part of Paper -3 and carries 40 marks. However, the course in this subject is also similar exactly to what you have gone through in 11th and 12th standards if you were a Maths Student either in Commerce and Science.

But if you are not Maths student then this subject can be really challenging for you. However, this will be an objective type paper, so you can score on this subject by more and more practice. ICAI will provide you the MCQ based books along with your study material. From that, you can analyze yourself by doing one paper on the daily basis.

The next part of the paper -3 is the Logical Reasoning which will carry 20 Marks. The course in this part is very general and similar to what we have studied upto 10th class. Scoring in this part is far easy comparing to the above part. More and More practice of the MCQ based questions can flow you in a perfect direction.

Next part you will have to deal with is Statistics in Paper-3. This also contains a general part what you have studied upto 10th standard. However, there is a big probability that your calculation will go wrong in the secondary classes. But, in CA exams with the use of the calculator, you can easily solve such sums.

The students who are from the Non-Maths background can score in this subject by scoring in Logical Reasoning and statistics.

Paper 4

Subject- Business Economics and Business and Commercial Knowledge
Exam Type – Objective
Maximum Marks – 60+40

The next subject came across is Business Economics and Business and Commercial Knowledge.

Business Economics will carry 60 Marks. You have already undergone its complete syllabus in your senior secondary classes if you are from a commerce background. Scoring in this subject will also be easy. As this will be objective paper so you can practice the questions from the ICAI module papers.

The next part of this subject is Business and Commercial Knowledge. This is a newly introduced subject by the ICAI in CA Foundation course. This will give you a basic understanding of the business. This Subject will carry 40 marks in Paper – 4.

If you are good in Business studies in your senior secondary classes or you have chosen subjects like entrepreneurship in senior secondary classes, then this subject can help you in scoring good marks in CA Foundation.

As this is a very much theoretical part, so you can start this subject at the last and clarity of the concepts is essential. Learning work is not much required.

Friends, one thing you should always keep in your mind that last month is all about revision. Do the revision at least three times before exam. And one month is more than enough only for the revision purpose. Apart from the last month, you still have three months that means approx 22 days for each subject.