CA Foundation Exam Pattern for September 2024, outlined by ICAI on icai.org, is given below. Check CA Foundation exam structure, marking scheme, and syllabus updates.
September 2024 CA Foundation Exam Pattern: The Institute of Chartered Accountants of India (ICAI) has released the September 2024 CA Foundation exam pattern, which can be seen on their official website, icai.org. test format details, such as subject coverage, quantity and kind of questions, marking system, and length of the national test, may be found by looking up the CA Foundation paper pattern 2024.
The new syllabus announced by ICAI will be followed in the upcoming September 2024 CA Foundation exam. The foundation exam is being administered for the first time under the revised plan that was put into place last year.
It is imperative for candidates to comprehend the Foundation level CA test pattern in order to formulate a successful exam strategy. The CA Foundation test is administered by ICAI three times a year, in January, May/June, and September. The goal of this article is to give readers a thorough understanding of the CA Foundation paper pattern 2024.
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CA Foundation Exam Pattern Sept 2024 Overview
Check the table below for the overview of the CA Foundation Exam Pattern for Sept 2024 attempt:
| CA Foundation Exam Pattern Sept 2024 | |
| Particulars | Details |
| Name of the exam | CA Foundation, earlier known as CA CPT (Common Proficiency Test). |
| Conducting Body | The Institute Of Chartered Accountants of India (ICAI) |
| Mode of exam | Offline |
| Frequency | Thrice in a year |
| Level of exam | National level |
| Level of difficulty | Easy to Moderate |
| Question paper (s) | The CA Foundation exam includes FOUR papers: Paper 1 – Accounting Paper 2 – Business Laws Paper 3 – Quantitative Aptitude: Part A: Business Mathematics Part B: Logical Reasoning Part C: Statistics Paper 4 – Business Economics |
| Duration of the question papers | Paper 1 and 2 will be of 3 hours Paper 3 and 4 will be of 2 hours |
| Question Type | Paper 1 and 2 – Subjective Paper 3 and 4 – Objective |
| Marks | Each paper will be of 100 marks. |
| Total marks | 400 |
| Marking scheme | For subjective (Paper 1 and 2) – NO negative marking For objective papers (Paper 3 and 4) – ¼ mark will be deducted for every wrong answer |
| Medium of exam | English/Hindi except for Paper 2 (section b which will be in English only) |
CA Foundation Exam Pattern Sept 2024
There will be four papers in the 2024 CA Foundation exam. Papers 3 and 4 are objective, however Papers 1 and 2 are subjective. There are 100 possible points for each paper, for a total of 400 in the CA Foundation test.
Only objective papers are subject to negative marking, which subtracts one-fourth of a point for each wrong response. With the exception of Section (b) of Paper 2, which requires responses in English, the offline exam is administered in both Hindi and English.
CA Foundation Passing Criteria 2024
For the CA Foundation, 40% is the passing score. A minimum of 40% in each of the four papers and a cumulative 50% score are required for applicants to pass the CA Foundation exam in 2024. Candidates will not be considered successful and will have to retake the CS Foundation exams if they do not meet the ICAI’s specified passing standards.
CA Foundation Syllabus 2024
In order to perform well on the CA Foundation exam, candidates must comprehend the revised syllabus provided by the Institute of Chartered Accountants of India (ICAI). The new CA Foundation 2024 syllabus is now in force, superseding the prior 2023 syllabus.
The forthcoming CA Foundation 2024 question paper will cover every topic and subtopic included in this updated syllabus. The whole CA Foundation syllabus is available on ICAI’s official website for convenient access. To properly prepare for the exam, keep yourself updated about these changes.
CA Foundation Topic Wise Weightage
To understand the main points and their significance in the CA Foundation syllabus under the new ICAI education and training program, refer to the tables below. The tables give a clear picture of the curriculum structure by outlining the weights given to each topic across the four examinations.
Paper 1: Accounting (Marks: 100)
| CA Foundation Accounting Topics Weightage | |
| Chapters | Marks Weightage |
| 1. Theoretical Framework | 5%-10% |
| 2. Accounting Process 3. Bank Reconciliation Statement 4. Inventories 5. Concept and Accounting of Depreciation |
25%-30% |
| 6. Accounting for Special Transactions | 15%-20% |
| 7. Final Accounts of Sole Proprietors 8. Partnership Accounts 9. Financial Statements of Not-for-Profit Organizations |
30%-40% |
| 10. Introduction to Company Accounts | 10%-15% |
Paper 2: Business Laws (Marks – 100)
The CA Foundations second paper consists of two main parts. Section A focuses on business law, while Section B delves into correspondence and reporting.
| CA Foundation Business Laws Topics Weightage | ||
| Section | Chapters | Marks Weightage |
| Section A: Business Laws (60 Marks) | 1. The Indian Contract Act, 1872 | 25%-30% |
| 2. The Sale of Goods Act, 1930 | 20%-25% | |
| 3. The Indian Partnership Act, 1932 | 20%-25% | |
| 4. The Limited Liability Partnership Act, 2008 | 5%-10% | |
| 5. The Companies Act, 2013 | 15%-20% | |
| Section B: Business Correspondence And Reporting (40 Marks) | Part I: Communication | |
| 1. Communication | 10%-15% | |
| Part II: Sentence Types and Word Power | ||
| 2. Sentence Types (Direct-Indirect, Active-Passive Speech) | 20%-30% | |
| 3. Vocabulary (Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal Verbs, Collocations, and Idioms | 20%-30% | |
| Part III: Comprehension Passages and Note Making | ||
| 4. Comprehension Passages | 20%-30% | |
| 5. Note Making | 20%-30% | |
| Part IV: Developing Writing Skills | ||
| 6. Introduction to Basic Writing | 35%-40% | |
| 7. Précis Writing | 35%-40% | |
| 8. Article Writing | 35%-40% | |
| 9. Report Writing | 35%-40% | |
| 10. Writing Formal Letters | 35%-40% | |
| 11. Writing Formal Mails | 35%-40% | |
| 12. Resume Writing | 35%-40% | |
| 13. Meetings | 35%-40% | |
Paper 3: Quantitative Aptitude (Marks – 100)
The CA Foundation exam paper 3 is structured into three sections:
- Business Mathematics
- Logical Reasoning
- Statistics
| CA Foundation Quantitative Aptitude Topics Weightage | ||
| Part | Chapters | Marks Weightage |
| Part A: Business Mathematics (40 Marks) | 1. Ratio and Proportion, Indices and Logarithms | 20%-30% |
| 2. Equations and Matrices | 20%-30% | |
| 3. Linear Inequalities with Objective Functions and Optimization | 20%-30% | |
| 4. Time value of Money | 30%-40% | |
| 5. Permutations and Combinations | 30%-40% | |
| 6. Sequence and Series | 30%-40% | |
| 7. Sets, Relations, and Functions | 30%-50% | |
| 8. Basic applications of Differential and Integral calculus | 30%-50% | |
| Part B: Logical Reasoning (20 Marks) | 1. Number series, Coding, and Decoding and odd man out | 60%-70% |
| 2. Direction Tests | 60%-70% | |
| 3. Seating Arrangements | 60%-70% | |
| 4. Blood Relations | 30%-40% | |
| 5. Syllogism | 30%-40% | |
| Part C: Statistics (40 Marks) | 1. Statistical description of Data | 45%-50% |
| 2. Measures of Central tendency and Dispersion | 45%-50% | |
| 3. Probability | 25%-30% | |
| 4. Theoretical Distributions | 25%-30% | |
| 5. Correlation and Regression | 10%-15% | |
| 6. Index Numbers and Time Series | 10%-15% | |
Paper 4: Business Economics (Marks – 100)
| CA Foundation Business Economics Topics Weightage | ||
| Part | Chapters | Marks Weightage |
| Part I: Business Economics (60 Marks) | 1. Introduction to Business Economics | 15%-20% |
| 2. Theory of Demand and Supply | ||
| 3. Theory of Production and Cost | 35%-40% | |
| 4. Price Determination in Different Markets | ||
| 5. Business Cycles | 15%-20% | |
| Part II: Business And Commercial Knowledge (40 Marks) | 1. Introduction to Business | 15%-18% |
| 2. Business Environment | ||
| 3. Business Organizations | 15%-20% | |
| 4. Government Policies for Business Growth | 15%-18% | |
| 5. Organizations Facilitating Business | ||
| 6. Common Business Terminologies | 15%-18% | |
FAQ's
What is the CA Foundation Exam Pattern for Sept 2024?
The CA Foundation Exam Pattern for Sept 2024 is outlined by the Institute of Chartered Accountants of India (ICAI). It includes four papers with a mix of subjective and objective questions, covering subjects like Accounting, Business Laws, Quantitative Aptitude, and Business Economics. The duration varies for each paper, and there is a specific marking scheme, including negative marking for objective papers.
How is the CA Foundation Exam Conducted?
The exam is conducted offline, and candidates can choose English or Hindi, except for a specific section in Paper 2.
What is the Passing Criteria for CA Foundation 2024?
In order to pass the CA Foundation Exam in 2024, applicants must receive at least 40% in each of the four examinations and an overall cumulative score of 50%. Candidates will need to retake the exam if they don’t meet these requirements.