CA Foundation Exam Pattern 2024: Total Marks, Duration, Negative Marking

CA Foundation Exam Pattern 2024 is a very important criteria to be understood and followed to face the examination. The Institute of Chartered Accountants of India prescribes CA Foundation Exam pattern. In the article, we have shared all about the CA Foundation 2024 exam pattern.

Overview of CA Foundation Exam Pattern 2024

Several factors such as number of questions covered in each topic, marking scheme, duration of examination are influencing CA Foundation Paper pattern. 

ParticularsDetails
Name of the examination CA Foundation Exam
Exam conducting bodyThe Institute of Chartered Accountants of India
Mode of Examination Offline
Number of Papers4
Total Marks per Paper100
Total Marks for the entire level400
Type of questionsPaper 1 & 2 subjective type
Paper 3 & 4 Objective type
Duration of ExamsPaper 1 & 2 Duration 3 hours
Paper 3 & 4 Duration 2 hours
Marking schemePaper 1 & 2 – No negative marks
Paper 3 & 4 –  0.25 of marks deducted for wrong attempt
Medium of ExamEnglish & Hindi

CA Foundation Exam Pattern objective or subjective?

As per CA Foundation syllabus 2024 PDF, the exam will consist of four papers. Out of these, paper 1 and 2 are subjective type. Whereas, the paper 3 and 4 are of Objective type.

Important Dates of CA Foundation 2024 Exam Pattern

ICAI has announced the schedule for the CA Foundation exam. Based on the schedule, check out important CA Foundation 2024 exam dates and events.

EventsImportant Dates
CA Foundation Online RegistrationTo be announced
Release of CA Foundation exam formTo be announced
Last Date to submit CA Foundation application formTo be announced
Last Date to submit CA Foundation exam form with late feeTo be announced
Correction windowTo be announced 
Release of CA Foundation 2024 admit cardTo be announced
CA Foundation exam date 2024June 2024
Release of Provisional CA Foundation answer key 2024To be announced
Final CA Foundation answer key 2024To be announced 
CA Foundation result 2024To be announced 

Marking scheme of CA Foundation 2024 Exam

To understand the CA Foundation exam pattern 2024, the marking scheme is a very important factor to be followed. The table drawn below helps candidates to understand marking schemes and to choose suitable CA Foundation Books 2024 for preparation.

 

Paper 1 – Principles and Practice of Accounting

Marks: 100

Weightage

I

Theoretical Framework

5-10%

II

Accounting Process

25-30%

Bank Reconciliation Statement

Inventories

Concept and Accounting of Depreciation

III

Accounting for Special Transactions

15-20%

IV

Final Accounts of Sole Proprietors

30-40%

Partnership Accounts

Financial Statements of Not-for-Profit Organisations

V

Introduction to Company Accounts

10-15%

Paper 2: Business Laws and Business Correspondence 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%

III

The Indian Partnership Act, 1932

20-25%

IV

The Limited Liability Partnership Act, 2008

5-10%

V

The Companies Act, 2013

15-20%

Section B: Business Correspondence and Recording (40 Marks)

I

Communication

10-15%

II

Sentence Types and Vocabulary

20-30%

Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal verbs, Collocations and Idioms

III

Comprehension Passages and Note-Making

20-30%

IV

Developing Writing Skills

35-40%

Paper 3 – Business Mathematics, Logical Reasoning and Statistics

Marks – 100

Part A- Business Mathematics (40 Marks)

I

Ratio and Proportion, Indices and Logarithms

20-30%

Equations and Matrices

Linear Inequalities

II

Time Value of Money

30-40%

III

Permutations and Combinations

30-50%

Sequence and Series

Sets, Relations and Functions

Basic applications of Differential and Integral calculus

Part B- Logical Reasoning (20 Marks)

IV

Number series coding and Decoding and the odd man out

60-70%

Direction Tests

Seating Arrangements

V

Blood Relations

30-40%

Syllogism

Part C- Statistics (40 Marks)

VI

Statistical Representation of Data, Diagrammatic representation of data, Frequency distribution, Graphical representation of Frequency Distribution in the form of Histogram, Frequency, Polygon, Ogive, Pie-chart

45-50%

Measures of Central Tendency and Dispersion: Mean, Median and Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Coefficient of Variation, Coefficient of Quartile Deviation

VII

Probability: Independent and dependent events; mutually exclusive events.Total and Compound Probability; Bayes’ theorem; and Mathematical Expectation

25-30%

Theoretical Distribution: Binomial Distribution, Poisson distribution–basic application and Normal Distribution – basic applications.

VIII

Correlation and Regression: Scatter diagram, Karl Pearson’s Coefficient of Correlation Rank, Correlation, Regression lines, Regression equations and Regression coefficients

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 Demand and Supply

35-40%

Theory of Production and Cost

III

Price Determination in Different Markets

25-30%

IV

Business Cycles

15-20%

Part 4B- Business & Commercial Knowledge (40 Marks)

V

Introduction to Business

15-18%

VI

Business Environment

15-18%

VII

Business Organizations

15-20%

VIII

Government Policies for Business Growth

15-18%

IX

Organizations Facilitating Business

15-18%

X

Common Business Terminologies

15-18%

CA Foundation 2024 Preparation Tips

Candidates who aspire to be Chartered Accountant should clear all the levels of CA Exams 2024. Following tips are to be followed by the candidates to face the exams with confidence.

  • Aspirants should know more about the Syllabus to prepare well for the examination.
  • Understand the concept of each topic in the syllabus. It helps to answer tricky and indirect questions in a few seconds and score better in CA Foundation result 2024
  • It is also important to know the CA Foundation exam pattern 2024 to face the examination.
  • Once CA Foundation 2024 syllabus is covered, it is necessary to solve CA Foundation model paper 2024 in order to evaluate the depth of learning.
  • Collect and solve previous year question papers, to understand CA Foundation 2024 exam pattern.

Also read

FAQs Related to CA Foundation Exam Pattern 2024

  1. What is the duration of each paper in CA Foundation 2024 exam?

    Paper 1 & 2 exam is conducted for 3 hours whereas paper 3 & 4 exams are conducted for 2 hours.

  2. Is there negative marking influenced in CA Foundation exam pattern 2024?

    Yes, negative marking is influenced in Paper 3 & 4 as the question type in these papers is objective.

  3. How many subjects are there in CA Foundation exam 2024?

    There are four CA Foundation subjects in the foundation exam.