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CA Foundation Exam Pattern for 2024 Exam- Paper Pattern, Marks & Weightage

CA-Foundation-Exam-Pattern-for-2024-Exam-Paper-pattern_-Marks-_-Weightage

Introduction

The exam pattern for the CA Foundation in June 2024, as described by the Institute of Chartered Accountants of India (ICAI) and accessible on their official website, icai.org, provides valuable insights into the configuration of the examination. This encompasses details such as the quantity and nature of questions, subjects covered, and exam duration of the national-level assessment.

Access to the CA Foundation exam time-table is important for candidates to effectively plan their preparation and ensure timely exam readiness.

The next CA Foundation exam in June 2024 will conform to the revised syllabus introduced by ICAI. This examination signifies the inaugural occurrence of the foundation exam within the new framework implemented the previous year. Accessing the CA Foundation exam timetable is crucial for effective preparation and timely exam readiness.

Knowing the CA exam pattern at the Foundation level holds major importance for candidates in formulating an excellent examination strategy. ICAI administers the CA Foundation exam each year, in May/June and next in November/December. This article attempts to provide a complete overview of the CA Foundation exam paper pattern for the year 2024.

CA Foundation mock test papers provide important practice for exam success. Choosing high-quality study material is important for complete understanding and successful preparation.

Having access to quality CA Foundation study material is important for candidates preparing for the exam. It provides the basic resources and guidance necessary for effective exam preparation and success.

CA Foundation Exam Pattern 2024

Strategies for successfully preparing for the CA Foundation exam are based on knowledge of the paper pattern, exam duration, mark distribution, and weightage.

Highlights Particulars
Exam Name Chartered Accountant Foundation (CA Foundation)
Official Website icai.org
Frequency Twice in a year
Medium English/Hindi
Mode Of Exam Offline
Number of Papers 4
Paper Names Accounting (Paper 1)

Business Laws (Paper 2)

Quantitative Aptitude (Paper 3)

Business Economics (Paper 4)

Exam Duration Paper 1 & 2 – 3 Hours

Paper 3 & 4 – 2 Hours

Marks for Each Paper 100
Total Exam Marks 400
Question Type Paper 1 and 2 – Subjective
Paper 3 and 4 – Objective
Negative marks -0.25 for every wrong answer

 

Also read: CA Foundation Accounts Paper 2024: Syllabus, Pattern & Study Material

CA Foundation Exam Pattern: Details

The CA Foundation exam paper 2024 consists of four papers. Paper 1 and Paper 2 are of a subjective nature, while Paper 3 and Paper 4 are objective. Each paper carries a maximum of 100 marks, resulting in a total of 400 marks for the entire CA Foundation examination.

The negative marking is applicable only to objective papers, where one-fourth of a mark is deducted for every incorrect response. The exam is conducted offline, and candidates have the option to choose between English and Hindi mediums, except for Section (b) of Paper 2, which must be answered in English.

CA Foundation Course Subject Wise Marks & Weightage

The tables below display the marks & weightage for each paper’s main topics for CA Foundation 2024 candidates.

For the CA Foundation course, candidates will cover the following subjects:

  • Accounting (Paper 1)
  • Business Laws (Paper 2)
  • Quantitative Aptitude (Paper 3)
  • Business Economics (Paper 4)

Paper 1:  Accounting (100 Marks)

CA Foundation Accounting Topics Weightage 
Chapters Marks Weightage 
1. Theoretical Framework 5%-10%
2. Accounting Process

3. Bank Reconciliation Statement

4. Inventories

5. Deprection anjd Amortisation

6. Bills of Exchange and Promissory notes

30%-35%
7. Preparation of final accounts of sole Porprietors

8. Financial Statement of Not-for-Profit Organization

9. Accounts form Incomplete Records (excluding preparation of accounts based on ratios)

20%-25%
10. Partnership And LLP Accounts 15%-20%
11. Company Accounts 15%-25%

 

Paper 2: Business Laws (100 Marks)

CA Foundation Business Laws Topics Weightage 
Chapters Marks Weightage
1. Indian Regulatory Framework 0%-5%
2. The Indian Contract Act, 1872 20%-30%
3. The Sale of Goods Act, 1930 15%-20%
4. The Indian Partnership Act, 1932 15%-20%
5. The Limited Liability Partnership Act, 2008 5%-10%
6. The Companies Act, 2013 15%-20%
7. The Negotiable Instruments Act, 1881 10%-15%

 

Paper 3: Quantitative Aptitude (100 Marks)

CA Foundation Quantitative Aptitude Topics Weightage 
Part Chapters Marks Weightage
Part A: Business Mathematics (40 Marks) 1. Ratio and Proportion, Indices and Logarithms

2. Equations

3. Linear Inequalities

20%-30%
4. Mathematics of Finance

5. Permutations and Combinations

6. Sequence and Series

7. Sets, Relations, and Functions. Basics of Limits and Continuity functions.

8. Basic applications of Differential and Integral calculus in Business and Economics

30%-50%
Part B: Logical Reasoning (20 Marks) 9. Number series, Coding, and Decoding and odd man out

10. Direction Tests

11. Seating Arrangements

12. Blood Relations

20%-30%
Part C: Statistics (40 Marks) 13. Unit 1: Statistical Representation of Data

Unit:2 Sampling

14. Measures of Central tendency and Dispersion

45%-50%
15. Probability

16. Theoretical Distributions

25%-30%
17. Correlation and Regression

18. Index Numbers

10%-15%

Also read: Understanding CA Foundation Pass Percentage and Exam Insights

Paper 4: Business Economics (100 Marks)

CA Foundation Business Economics Topics Weightage 
Chapters Marks Weightage
1. Introduction to Business Economics 5%
2. Theory of Demand and Supply 10%
3. Theory of Production and Cost 10%
4. Price Determination in Different Markets 15%
5. Determination of National Income 15%
6. Business Cycles 5%
7. Public Finance 10%
8. Money Market 10%
9. International Trade 10%
10. Indian Economy 10%

 

CA Foundation Passing Criteria 2024

The passing criteria for the CA Foundation exam in 2024 are as follows:

  • A candidate must secure a minimum of 40% marks in each paper.
  • An overall score of 55% marks is required for all four papers combined.
  • Candidates who score below the specified passing criteria set by ICAI will not be considered to pass.
  • Such candidates will have to return the CA Foundation papers.

Preparation Tips for CA Foundation Syllabus 2024

  • Begin by carefully examining the CA Foundation syllabus for 2024.
  • Develop a well-structured study plan that gives you the needed time for each subject.
  • Write down the syllabus into manageable segments and set achievable study goals.
  • Make sure that the resources cover the entire CA Foundation syllabus.
  • This approach facilitates better retention and application of knowledge during the exam.
  • Practice time management during your preparation and while studying for practice tests.

CA Foundation Exam 2024 FAQs

1. What is the exam pattern for CA Foundation 2024?
The CA Foundation 2024 exam pattern includes four papers, each worth 100 marks, covering accounting, law, Mathematics, statistics, and economics. Prepare yourself with the exam pattern and syllabus for effective preparation.

2. What is the duration of the CA Foundation exam?
The duration of each paper in the CA Foundation exam is Papers 1 & 2- 3 hours, and Papers 3 & 4- 2 Hours

3. What is the Passing Criteria for CA Foundation 2024?
Candidates must pass the CA Foundation Exam in 2024 with a minimum score of 40% in each paper and an overall score of 50% across all four papers.

4. How many hours to study for CA?
Daily study for 10 hours is sufficient, and you may be able to study for more hours, but your productivity will be significantly reduced.

Also Read

New Scheme of CA Foundation 2024: An Comprehensive Guide

ICAI CA Foundation Course 2024- Registration, Eligibility, Fees Structure


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