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CA Foundation 2023 Sample Papers: Download Previous Year Papers
October 23, 2023The CA Foundation 2023 exam pattern is described by the Institute of Chartered Accountants of India (ICAI) on its official website, icai.org. Students preparing for the exam must check out the exam pattern as it consists of all the crucial details, including the types of questions, the subject details, the weighting of topics, the marking scheme, and the length of this national-level exam.
According to the 2023 CA Foundation exam structure, there will be four papers, each worth 100 marks. The first and second of the four papers will be subjective, while the third and fourth will be objective. Read on to learn more about CA Foundation 2023 exam pattern.
Candidates who want to stand out from the competition should be familiar with the CA Foundation paper pattern. Additionally, it enables the applicants to utilise their time effectively and finish all the crucial parts of the CA Foundation exam 2023. Check out the CA Foundation 2023 exam pattern details below.
Particulars | Details |
---|---|
Name of the exam | Common Proficiency Test, CA Foundation, earlier known as CA CPT |
Authorised body | The Institute Of Chartered Accountants of India (ICAI) |
Level of exam | National level |
Frequency | TWICE in a yearMay (or June)November (or December) |
Mode of exam | Online centre based |
Level of difficulty Duration of papers | Easy to Moderate Paper 1 and 2 – 3 hoursPaper 3 and 4 – 2 hours |
Question paper (s) | The CA Foundation exam includes FOUR papers:Paper 1 is the Principles and Practice of AccountingPaper 2 is the Business Laws and Business Correspondence and ReportingPaper 3 is the Business Mathematics, Logical Reasoning and StatisticsPaper 4 is the Business Economics and Business and Commercial Knowledge |
Question Type | Paper 1 and 2 – SubjectivePaper 3 and 4 – Objective |
Marks | Each paper will be of 100 marks. |
Total marks | 400 |
Medium of exam | English/Hindi Paper 2 section b will be in English only |
Marking scheme | For objective papers (Paper 3 and 4) – ¼ mark will be deducted for every wrong answer For subjective (Paper 1 and 2) – NO negative marking |
Check out the topic-wise weightage of CA Foundation below.
Paper 1 – Practice and Principles of Accounting Marks: 100 |
Weightage | |
---|---|---|
I | Theoretical Framework | 5-10% |
II | Accounting Process | 25-30% |
Concept and Accounting of Depreciation | ||
Inventories | ||
Bank Reconciliation Statement | ||
III | Accounting for Special Transactions | 15-20% |
IV | Financial Statements of Not-for-Profit Organisations | 30-40% |
Partnership Accounts | ||
Final Accounts of Sole Proprietors | ||
V | Introduction to Company Accounts | 10-15% |
Paper 2: Business Correspondence and Business Laws and Recording Marks – 100 |
||
Section A: Business Laws (60 Marks) | ||
I | The Indian Contract Act, 1872 | 25-35% |
II | The Sale of Goods Act, 1930 | 20-25% |
V | The Companies Act, 2013 | 15-20% |
IV | The Limited Liability Partnership Act, 2008 | 5-10% |
III | The Indian Partnership Act, 1932 | 20-25% |
Section B: Business Correspondence and Recording (40 Marks) | ||
I | Communication | 10-15% |
II | Vocabulary and Sentence Types | 20-30% |
Vocabulary Root Words, Antonyms, Synonyms, Prefixes, Suffixes, Phrasal verbs, Collocations and Idioms | ||
III | Comprehension Passages and Note-Making | 20-30% |
IV | Writing Skills | 35-40% |
Paper 3 – Business Mathematics, Statistics, and StatisticsLogical Reasoning Marks – 100 |
||
Part A- Business Mathematics (40 Marks) | ||
I | Ratio and Proportion, Logarithms and Indices | 20-30% |
Linear Inequalities | ||
Equations and Matrices | ||
II | Time Value of Money | 30-40% |
III | Basic applications of Differential and Integral calculus | 30-50% |
Sets, Relations and Functions | ||
Sequence and Series | ||
Permutations and Combinations | ||
Part B- Logical Reasoning (20 Marks) | ||
IV | Number series coding and Decoding and the odd man out | 60-70% |
Seating Arrangements | ||
Direction Tests | ||
V | Syllogism | 30-40% |
Blood Relations | ||
Part C- Statistics (40 Marks) | ||
VI | Statistical Representation of Data, Frequency distribution, Diagrammatic representation of data, Pie-chart, Graphical representation of Frequency Distribution in the form of Histogram, Polygon, Frequency, Ogive. | 45-50% |
Measures of Central Tendency and Dispersion: Mean, Mean Deviation, Median and Mode, Quartiles and Quartile Deviation, Coefficient of Variation, Coefficient of Quartile Deviation, Standard Deviation. | ||
VII | Probability: Mutually exclusive events.Total and Compound Probability; Independent and dependent events; Bayes’ theorem; and Mathematical Expectation | 25-30% |
Theoretical Distribution: Poisson distribution–basic application and Normal Distribution – basic applications, Binomial Distribution. | ||
VIII | Correlation and Regression: Scatter diagram, Correlation, Regression lines, Karl Pearson’s Coefficient of Correlation Rank, Regression coefficients and Regression equations | 10-15% |
IX | Index Numbers and Time series | 10-15% |
Paper 4 – Business Economics and Business and Commercial Knowledge Marks – 100 |
||
Part 4A- Business Mathematics (60 Marks) | ||
I | Introduction to Business Economics | 15-20% |
II | Theory of Production and Cost | 35-40% |
Theory of Demand and Supply | ||
III | Price Determination in Different Markets | 25-30% |
IV | Business Cycles | 15-20% |
Part 4B- Commercial Knowledge & Business (40 Marks) | ||
X | Common Business Terminologies | 15-18% |
IX | Organizations Facilitating Business | 15-18% |
VIII | Government Policies for Business Growth | 15-20% |
VII | Business Organisations | 15-18% |
VI | Business Environment | 15-18% |
V | Introduction to Business | 15-18% |
Check out the frequently asked questions on the CA Foundation exam pattern.
Ans: The CA Foundation exam consists of four papers.
Ans: Candidates must achieve a minimum of 40% on each paper and a combined 55% on all four to pass the CA Foundation exam.
Ans: Candidates must achieve a minimum of 40% on each paper and a combined 55% on all four to pass the CA Foundation exam.
Ans: CA Foundation has four papers, each worth 100 marks. The last two papers are MCQ-based, while the first two are subjective.
Ans: The CA Foundation exam consists of four papers. Each paper has 100 marks, for a total of 400 marks. There is an exception in Section (b) of Paper 2, which includes English only. There are two languages in which students can give the exam, either English or Hindi.
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