CA Foundation Books 2022: ICAI CA Foundation Study Material

CA Foundation Study Material 2022: The CA Foundation exam is an entry-level exam for students aspiring to pursue a career in Chartered Accountancy. The Institute of Chartered Accountants of India conducts the exam twice a year. The ICAI May session exams are completed, and the November/ December session will be held tentatively in the first week of November. Read on to know the best study material for ICAI CA Foundation exam.

ICAI is a challenging exam; candidates must keep up with the ICAI CA foundation study material and books. Having the right CA Foundation coursebook is necessary for any CA aspirant. The study material will play a crucial role in students CA Foundation preparation. In this article, we have provided the ICAI CA Foundation study material PDF for November/December 2022 exams; read this article to learn more.

Latest Update:
– July 31, 2022: The last date to register for the ICAI CA November/December session is August 31, 2022. Click here for the direct link to fill out the application form.
– August 1, 2022: Candidates can pay the late fee and submit their application form by September 7, 2022.

ICAI CA Foundation Study Material

Before getting into the details of the best books for the CA Foundation Exam, let us have an overview of the exam.

ICAI: Study Material, Best Books

The best books and study materials for CA Foundation will be made available on the official website of ICAI. Board of Studies (BOS) knowledge portal provides the students with CA Foundation study material, previous year question papers, mock test papers, revision test papers, and solutions. Both registered and non-registered candidates can download CA Foundation study materials and other resources.

Besides that, registered users can get the books delivered to their place for since the registration fees include the fees for the books. Non- registered candidates can also purchase the books online. All the latest books will be available on the website. If the books are not according to the latest syllabus, ICAI will update them and make them available as soon as possible. Meanwhile, candidates can refer to the study material from ICAI and proceed with their preparation.

How to Download CA Foundation Study Material from ICAI?

Candidates can access the CA Foundation Study Material in PDF for all 4 papers of CA Foundation Exam. Let us go through the step-by-step process to learn how to download the CA Foundation Study Material.

Step 1: Visit the official Website of ICAI: icai.org.

Step 2:  A page will appear with all 4 papers listed. Click on any one of the 4 papers. Candidates can refer to the image below.

Step 3: On the new page, click on “Study Material“. Candidates can refer to the image below.

Step 4: Chapters-wise topics will be listed. Click on any topic to get the study material as a PDF.

How To Get CA Foundation Books From ICAI?

Follow the steps as under to get CA Foundation Books.

Step 1: Visit the official Website of ICAI: icai-cds.org.

Step 2:  From here, registered users can click on “Sign In” from the top right corner and log in with their SRN or Mobile Number and Date of Birth. On the other hand, guest users need to register themselves by clicking on the “Sign Up” button to purchase the books. Then click on the ‘Start Shopping’ Button.

Step 3: A new page appears where you see ‘Students Course Kit’. Click on ‘Order Now’  in this section. Candidates can refer to the image below.

Step 4: A new page will open. Candidates will see a ‘Category Filter‘ box on the top left-hand corner of the page. Select ‘Study Material Against Registration (New Course)’ if they have already registered with BOS and paid the registration fee. Else buy the books by clicking on ‘Study Material for Sale (All Course)’.

Step 5: Select “Foundation” in the category filter box and then select the language – ‘English’ or ‘Hindi’.

Step 6: A list of books appears which are present in the foundation study kit. Choose the appropriate ones by clicking on them.

Step 7: A new page with the list of books in the kit appears. Select the books and add them to the cart. Proceed to check out the items in the cart.

Step 8: Non-registered users need to make the payment and place the order. Registered users can directly place the order. The delivery usually takes 12 working days and can be tracked by AWB tracking using the AWB number. The AWB number is to be noted down, which appears when you place the order.

CA Foundation Books To Start Your Preparation

Apart from the books available on the official website, candidates can also refer to other books to prepare for the CA foundation 2022-23. The best books for CA Foundation preparation are as follows.

1. Principles and Practice of Accounting
   a) Fundamentals of Accounting for CA – CPT  by P.C Tulsian and Bharat Tulsian
   b) CPT Grewal’s Accountancy by M.P Gupta & B.M Aggarwal
   c) Fundamentals of Accounting by D.G Sharma
   d) Padhuka Basics of Accounting for CA CPT by G. Sekar & b Saravana Prasath
   e) General Economics by S.K.Agarwal
   
2. Mercantile Law
   a) Mercantile Laws for CA CPT by P C Tulsian
   b) S Chand Mercantile Laws for CA CPT by P P S GOGNA
   c) Mercantile Law by M.C.Kucchal and Vivek Kucchal
   d) Padhuka MCQ Bank by G Sekar and B Sarvana Prasath
   
3. Quantitative Aptitude
   a) Quantitative Aptitude by Dr T.Padma and K.C.P Rao
   b) Padhuka’s practical Guide on Quantitative Aptitude for CA CPT by G.Sekar, B.Saravana Prasath
   c) Quantitative Aptitude for CPT: Mathematics and Statistics by Tulsian P. C. and  Jhujhunwala Bharat
   d) Quantitative Aptitude Mathematics With Short Tricks By CA Rajesh Jogani
   
4. Other Reference books
   a) Question Bank with Model Test Papers for CA – Common Proficiency Test (CPT) – Accounting, Mercantile Laws, General Economics and Quantitative Aptitude by R C Bhatt
   b) Quantitative Aptitude – P. N. Arora
   c) General Economics by P M Salwan and Pranjal B Deshpande by Taxmann

CA Foundation Syllabus 2022-23

CA Foundation exam consists of 4 papers each carrying 100 marks. The exam time duration for each paper is 3 hours. The different papers for the CA Foundation exam are as under. However, you must check the detailed CA Foundation Exam Pattern to get detailed information.

• Paper 1: Principles and Practice of Accounting
  
• Paper 2: Business Laws and Business Correspondence
  a) Business laws
  b) Business Correspondence and Reporting
  
• Paper 3: Business Mathematics, Logical Reasoning and Statistics
  a) Business Mathematics
  b) Logical Reasoning
  c) Statistics
  
• Paper 4: Business Economics and Business and Commercial Knowledge
  a) Business Economics
  b) Business and Commercial Knowledge

CA Foundation Question Papers

Referring to previous year’s papers and practicing mock tests will help students prepare for the upcoming CA Foundation exam 2022-23. Students can now download the CA Foundation model question papers, revision tests and mock tests from here and start their preparation immediately.

CA Foundation Exam Question Papers – May 2018

Let us look at the May 2018 question papers for the CA Foundation Exam.

CA Foundation Exam Question Papers – November 2018

Let us look at the November 2018 question papers for the CA Foundation Exam.

CA Foundation Mock Test Papers

Let us look at the mock test papers for the CA Foundation Exam.

CA Foundation Revision Test Papers

Let us look at the revision test papers for the CA Foundation Exam.

Candidates are now aware of the CA Foundation Study Material and books, which can be referred to prepare for the upcoming CA Foundation Exam 2022. Start your preparation with these books and study material in a systematic manner. Make the best use of the study materials and CA Foundation books for your CA Foundation preparation for 2022.

Frequently Asked Questions (FAQs) on CA Foundation Study Material 2022-23

Let us look at CA foundation study material 2022-23 below.

Q.1: Is Maths compulsory for CA?
Ans: No, having Maths in the 11th and 12th standards is not mandatory. But, it definitely helps to clear the CPT examination. Maths, Accounts and Economics are crucial subjects to gain expertise and easily crack chartered accountancy examinations.

Q.2: Is Maths in the CA Foundation exam tough?
Ans: To qualify for the foundation level, candidates must clear the 4 papers of the CA Foundation course. Among Economics, Accountancy, Business Studies, and Maths, the most difficult paper is considered to be Maths. It requires regular practice in order to ace the exam.

Q.3: Are 12th standard marks important for CA?
Ans: There is no minimum marks/percentage eligibility to appear for CA Foundation exams. It just requires candidates to clear their 10 + 2 exams in order to appear for the exams.

Q.4: Can I pass the CA Foundation exam without coaching?
Ans: Yes, with timely preparation and daily revision, candidates can crack the CA Foundation exam without the help of a coaching centre.

Q.5: Is there a negative marking in the CA Foundation exam?
Ans: Yes, there is a negative marking scheme in the objective types of questions. For every wrong answer ¼th of the marks will be deducted. To qualify for the CA Foundation exam, the candidates must score a minimum aggregate of 50% in all the papers and at least 40% of marks in each paper.

We hope this article on CA Foundation Study Material helps you in your preparation for the exam. Stay tuned to Embibe for more informative articles on CA Foundation 2022 exam.