CA Foundation: Principles and Practice of Accounting - Chapter-Wise Weightage Analysis

Chapter I - Theoretical Framework It explains sub-fields of accounting, the relationship of accounting with other subjects, and the limitations of accounting.

Weightage 5%-10%

Chapter II - Accounting Process The meaning and Significance of the double-entry system, and Recording Journal Entries are covered in this chapter.

Weightage 25%-30%

Chapter III - Bank Reconciliation Statement Preparation of Bank Reconciliation Statement, the difference between pass book and cash book is explained in this chapter.

Weightage 25%-30%

Chapter IV - Inventories Inventory Valuation like FIFO, LIFO, Specific Identification Method, and weighted average Method are covered in the chapter.

Weightage 25%-30%

Chapter V - Concept and Accounting of Depreciation The meaning and nature of depreciation, Methods of depreciation, and its advantages and disadvantages are covered in this chapter.

Weightage 25%-30%

Chapter VI - Accounting for Special Transactions Accounting treatments relating to issues, acceptance, discounting, maturity, and special cases of bills are covered in this chapter.

Weightage 15%-20%

Chapter VII - Final Accounts of Sole Proprietors Final Accounts Preparation of non-manufacturing entities including Trading Account, Profit and Loss Account, and Balance Sheet.

Weightage 30%-40%

Chapter VIII - Partnership Accounts Profit & Loss Appropriation Account, two methods of Partners Capital Account -fixed and fluctuating, Rectification of errors, etc.

Weightage 30%-40%

Chapter IX - Financial Statements of Not-for-Profit Organizations Preparation of Receipts and Payments Account, Income and Expenditure Account, and Balance Sheet of Not-for-Profit Organizations.

Weightage 30%-40%

Chapter X - Introduction to Company Accounts Nature and Types of Companies, Salient Features of the Company, and Purpose of Preparing Financial Statements of the Company are covered in this chapter.

Weightage 10%-15%