Explore the comprehensive CA Foundation Accounts Syllabus 2024, encompassing fundamental accounting topics akin to 11th and 12th-grade familiarity. Delve into the details of the CA Foundation Accounts syllabus, exam pattern, and papers for in-depth information!
Embarking on the CA Foundation course in 2024, students encounter the foundational paper, “Principles and Practices of Accounting.” This pivotal module delves into fundamental accounting topics, building on concepts familiar from their 11th and 12th Class studies. For a comprehensive grasp of the CA Foundation Accounts syllabus, exam pattern, and papers, detailed information is provided in the following article.
CA Foundation Accounts Syllabus 2024
Within the 2024 CA Foundation Accounts syllabus, you will delve into the practical facets of accounting. Find a simplified overview in the table below:
| CA Foundation Accounts 2024 Syllabus | |
| Syllabus Topic | Details |
| 1. Theoretical Framework | Meaning and Scope of Accounting. |
| Accounting Concepts, Principles, and Conventions. | |
| Accounting Terminology. | |
| Capital and Revenue Expenditure, Capital and Revenue Receipts, contingent assets, and contingent liabilities. | |
| Accounting Policies. | |
| Accounting as a Measurement Discipline. | |
| Accounting Standards. | |
| Indian Accounting Standards (IND AS). | |
| 2. Accounting Process | Books of Accounts. |
| Preparation of Trial Balance. | |
| Rectification of Errors. | |
| 3. Bank Reconciliation Statements | – |
| 4. Inventories | – |
| 5. Concept and accounting of Depreciation | – |
| 6. Accounting for Special Transactions | Bill of Exchange and Promissory Notes. |
| Sale of Goods on approval or return basis. | |
| Consignments. | |
| Average due date. | |
| Account Current. | |
| 7. Final Accounts of Sole Proprietors | – |
| 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 | Definition of shares and debentures. |
| The issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares. | |
| Statement of Profit and Loss and Balance Sheet as per Schedule III to the Companies Act, 2013. | |
| Basic Accounting Ratios (Profitability, Solvency, Liquidity, and Turnover). | |
CA Foundation Accounts Exam Pattern 2024
Presenting a brief overview of the CA Foundation Accounts Exam Pattern and Marking Scheme for 2024. The updated syllabus is reflected in the table below:
- The CA Foundation Exam includes four subjects, each carrying 100 marks, totaling 400 marks.
- Two subjects follow an objective pattern, while the others adhere to a subjective approach.
- The first two papers are subjective, and the third and fourth papers are objective.
- Incorrect answers in objective questions result in a 0.25-point deduction from the overall score.
- CA Foundation Exams are held twice a year, in November and May.
- Students can opt for exams in either English or Hindi.
- To pass, candidates need a minimum of 40% in each topic and a cumulative score of at least 50% across all subjects.
- Each paper comprises sections, with each section contributing a specific percentage of the total marks.
- Prepare for the CA Foundation 2024 exams by exploring sample question papers and tests from the past five years available on this page.
| CA Foundation Accounts 2024: Exam Pattern | |
| Particulars | Details |
| Exam Medium | English/Hindi |
| Exam Mode | Offline |
| Types of Questions | Paper 1 & 2 – Subjective |
| Passing Criteria | above 40% in each subject |
| Negative Marking | Yes (Objective papers) |
| Maximum Marks | 400 |
CA Foundation Accounts Preparation Tips
Presenting a brief overview of the CA Foundation Accounts Exam Pattern and Marking Scheme for 2024. The updated syllabus is reflected in the table below:
- The CA Foundation Exam includes four subjects, each carrying 100 marks, totaling 400 marks.
- Two subjects follow an objective pattern, while the others adhere to a subjective approach.
- The first two papers are subjective, and the third and fourth papers are objective.
- Incorrect answers in objective questions result in a 0.25-point deduction from the overall score.
- CA Foundation Exams are held twice a year, in November and May.
- Students can opt for exams in either English or Hindi.
- To pass, candidates need a minimum of 40% in each topic and a cumulative score of at least 50% across all subjects.
- Each paper comprises sections, with each section contributing a specific percentage of the total marks.
- Prepare for the CA Foundation 2024 exams by exploring sample question papers and tests from the past five years available on this page.
Achieving proficiency in CA Foundation Accounts 2024 requires a comprehensive approach. This involves delving deeply into the syllabus, familiarizing oneself with the exam pattern, and engaging in rigorous practice with past papers. A holistic strategy is crucial, incorporating effective time management and self-assessment across various aspects, from theoretical frameworks to specialized transactions.
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