CA Foundation Syllabus 2020
CA Foundation Syllabus 2020- The ICAI’s Board of Studies releases syllabus of CA Foundation 2020 for students. CA Foundation 2020 syllabus contains topics covered under all four CA Foundation subjects. Candidates aspiring to appear for the upcoming November 2020 session should take note of topics covered as per CA Foundation syllabus 2020 pdf download and then kickstart with their preparation with an aim to surely crack their May 2020 attempt. The Institute of Chartered Accountants of India has provided the CA Foundation syllabus on the official website in downloadable form so that it's easy for candidates to prepare for exams. Cover the CA Foundation syllabus from the best books for CA. The article below contains all the topics and sub-topics to be studied by candidates as per CA Foundation syllabus 2020 for May session.
Latest: CA Foundation admit card has been released for November 2020 cycle II on January 8, 2021. CA Foundation 2020 exam dates for November released.

CA Foundation 2020 Subjects
There are a total of 4 subjects in CA Foundation 2020 which the candidates have to appear for in the upcoming November 2020 session. The CA Foundation subjects are as follows:
PRINCIPLES AND PRACTICE OF ACCOUNTING
BUSINESS LAWS AND BUSINESS CORRESPONDENCE AND REPORTING
BUSINESS LAWS
BUSINESS CORRESPONDENCE AND REPORTING
BUSINESS MATHEMATICS, LOGICAL REASONING AND STATISTICS
BUSINESS MATHEMATICS
LOGICAL REASONING
STATISTICS
PAPER – 4 : BUSINESS ECONOMICS AND BUSINESS AND COMMERCIAL KNOWLEDGE
BUSINESS ECONOMICS
BUSINESS AND COMMERCIAL KNOWLEDGE
CA Foundation Syllabus 2020 for November Session
The authorities have not brought in any changes to the CA Foundation syllabus 2020 till date. Thus, for now, the already prevailing CA Foundation syllabus of November 2020 has to be prepared by the candidates for the upcoming session.
CA Foundation Syllabus 2020 for Paper 1 (Principles & Practice of Accounting)
Chapters | Important Topics |
Theoretical Framework |
|
Accounting Process |
|
Bank Reconciliation Statement | Introduction, reasons, preparation of bank reconciliation statement |
Inventories |
|
Concept and Accounting of Depreciation |
|
Accounting for Special Transactions |
|
Final Accounts of Sole Proprietors |
|
Partnership Accounts |
|
Financial Statements of Not-for-Profit Organizations |
|
Introduction to Company Accounts |
|
CA Foundation Syllabus 2020 for Paper 2 (Business Law & Business Correspondence and Reporting)
Chapters | Units |
Section A- Business Laws | |
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 | |
Communication |
|
Sentence Types and Word Power | Sentence Type
Sentence Types (Direct-Indirect, Active -Passive Speech)
- Introduction - Procedure for converting Direct speech into Indirect speech (Rules for converting Direct speech into Indirect speech, Change in pronouns, Change in tenses, Change in modals, Changes for Imperative sentences, Changes for Exclamatory sentences, Changes for Interrogative sentences, Punctuation in Direct speech) - Rules for converting Indirect speech into Direct speech
|
Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations and Idioms |
|
Comprehension Passages and Note Making |
|
Developing Writing Skills |
|
CA Foundation Syllabus 2020 for Paper 2 (Business Mathematics, Logical Reasoning and Statistics)
Chapters | Topics |
Part A- Business Mathematics | |
Ratio and Proportion, Indices and Logarithms |
|
Equations and Matrices |
|
Linear Inequalities with Objective Functions and Optimization w.r.t. objective function | - |
Time value of Money |
|
Permutations and Combinations |
|
Sequence and Series |
|
Sets, Relations and Functions | Sets, Relations and Functions |
Basic applications of Differential and Integral calculus |
|
Part B- Logical reasoning |
|
Part C- Statistics |
|
PAPER – 4 : BUSINESS ECONOMICS AND BUSINESS AND COMMERCIAL KNOWLEDGE
Part 1- Business Economics
Introduction to Business Economics
Meaning and scope of Business Economics
Basic Problems of an Economy and Role of Price Mechanism
Theory of Demand and Supply
Meaning and determinants of demand, Law of demand and Elasticity of demand- Price, income and cross elasticity
Theory of consumer’s behaviour- Marshallian approach and Indifference curve approach
Meaning and determinants of supply, Law of supply and Elasticity of supply
Demand Forecasting
Theory of Production and Cost
Meaning and Factors of production
Laws of Production- The Law of Variable proportions and Laws of Returns to Scale, Producer’s equilibrium
Concepts of Costs- Short-run and long-run costs, Average and marginal costs, Total, fixed and variable costs
Price Determination in Different Markets
Various forms of markets- Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly
Price determination in these markets.
Business Cycles
Meaning
Phases
Features
Causes behind these Cycles
Part 2- Business and Commercial knowledge
Business and Commercial Knowledge – An Introduction
Nature of Business
Profession and Employment
Objectives of Business
Economic and Non-Economic Activities
Forms of Business Organizations
Business Environment
Micro and Macro Environment
Elements of Micro Environment
Consumers/Customers
Competitors
Organization
Market
Suppliers
Intermediaries,
Elements of Macro Environment
Demographic
Economic
Political-legal
Socio-cultural
Technological
Global Environment
Business Organizations
Overview of selected Indian and Global Companies
Government Policies for Business Growth
Policies creating conducive business environment such as Liberalization, Privatization, Foreign Direct Investment
Organizations Facilitating Business
Indian Regulatory Bodies
RBI
SEBI
CCI
IRDAI
Indian Development Banks
IFCI
SIDBI
EXIM Bank
NABARD
Common Business Terminologies
Finance and Stock & Commodity Markets Terminology
Marketing Terminology
Banking Terminology
Other Business Terminology
Students should always take note of this fact that the commercial world keeps progressing regardless of when the exams are being conducted for Chartered Accountancy. Thus, candidates should always refer the CA Foundation syllabus 2020 for understanding the concepts and keep in touch with what is going on in the world around. This can be done with the help of some business magazines, channels, etc. so that the student remains aware of amendments brought in the commercial world.
CA Foundation Exam Pattern 2020
The authorities have released CA Foundation 2020 exam pattern so that candidates can know the strategy to be inculcated for preparation for the upcoming exams. Two of the exams are subjective while the other two are objective exams. There will be a deduction of marks as well for candidates who mark incorrect response in the objective papers. The table below contains CA Foundation exam pattern to be referred by candidates.
CA Foundation Exam Pattern
Mode of exam | Pen - paper based |
Type of question | Paper 1 and 2- Subjective Paper 3 and 4- Objective |
Exam Duration | 3 hours for Paper 1 and 2 2 hours for Paper 3 and 4 |
Medium of Exam | English/ Hindi |
Number of Papers | 4 |
Total Marks | 100 per paper |
Negative Marking | Paper 1 and 2- None Paper 3 and 4- ¼ mark will be deducted for incorrect responses |
Frequently Asked Question (FAQs) - CA Foundation Syllabus 2020
Question: How many subjects are there in CA Foundation?
Answer:
There are 4 CA Foundation subjects which the candidates have to appear for and pass in order to qualify for Intermediate level.
Question: Is there any negative marking for CA Foundation May 2020?
Answer:
Yes, for objective questions where candidates need to select one of the options, an incorrect response will result in deduction of 1/4th mark as well.
Question: Will ICAI send some books as per CA Foundation syllabus after registration or is it a paid service?
Answer:
A few days after confirmation of their registration with the BoS, candidates will receive the study material rather than books for CA Foundation.
Question: Is there any amendment introduced by ICAI for CA Foundation May 2020 session?
Answer:
Candidates can access the CA Foundation syllabus in the BoS knowledge portal on the official website.
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Questions related to The Institute of Chartered Accountants of India, New Delhi
When is the last date to register for articleship after ITT and orientation course for november 2021 CA inter exam through direct entry route?
Hello student you may register yourself through direct entry till 31st January 2021 and start your internship immediately to complete 09 months of practical training to be eligible to fill up the examination Form of CA Intermediate November 2021 examination.
Feel free to comment if you've any doubt
Good luck
Dear sir, pleanse make sure to me ... if i selected hindi mediam of CA Foundation Course so that could u tell me the question paper is in English also or not becouse the Economics and Mathmetics are prepared in english by me. what should i do ???
Hi,
If you have chosen Hindi medium , then question paper will obviously be in Hindi Language. You cannot differ in language for different papers. So, I would suggest you to choose the medium wisely. You can sleect only one for course and question paper will be mentioned in that language only.
How can I download the delecration of student form for November 2020
Can you tell for which exam or purpose you want to know about declaration form, I can give correct information only when you tell that.
After filling of the registration form online for ca final new course, whether the form & supporting documents need to be physically submitted at the regional office of ICAI. please clarify.
Now everything is done online through the ICAI portal. So there is no need for physical submission of documents. You have to submit the form on the ssp portal. You need not go to the institute for submitting the documents.
can a government teacher do chartered accountant course?
hello aspirant..
Yes , it is possible
Govt Employee can take Sabbatical to do CA if granted in which case employee will be paid salary and all perks for upto 3 yrs while doing CA.
Otherwise Employee can do CA Foundation course in their own time and write exam in their own time
HOPE IT WOULD HAVE HELPED YOU
ALL THE BEST