CA Foundation Syllabus 2024 PDF Download for Paper 1, 2, 3 & 4

The Institute of Chartered Accountants of India is a carrying-out authority that is responsible for framing the CA foundation syllabus 2024. The ICAI foundation syllabus pdf is released on the official website, The syllabus PDF provides complete details and information related to the topics and sub-topics covered in ICAI Foundation exam

Candidates are required to start their preparations by concentrating on the CA foundation 2024 syllabus. It is important for the candidates to understand the syllabus and prepare accordingly. In this article, we will be providing the detailed syllabus of all four papers.

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ICAI Foundation Syllabus 2024 – Papers Included

The CA Foundation syllabus contains four papers in total, i.e., Paper 1, Paper 2, Paper 3, and Paper 4. The candidates need to focus on these four papers only to have solid preparation for their CA Exam 2024. Each paper consists of 100 marks. 

Paper 1 Principles and Practise of Accounting 
Paper 2Business Laws and Business Correspondance and Reporting 
Paper 3 Business Mathematics, Logical Reasoning and Statistics
Paper 4 Business Economics and Business and Commercial Knowledge 

Paper-wise CA Foundation Syllabus 2024 

Students must cover entire syllabus before the CA Foundation Exam Date 2024 and thereafter start revision. On the basis of the above-mentioned CA Foundation papers, the syllabus is as follows.

Paper 1: Principles and Practise of Accounting 

Topics Sub-topics 
Theoretical FrameworkMeaning and Scope of accounting
Accounting Concepts, Principles and Conventions
Accounting terminology – Glossary
Capital and revenue expenditure, Capital and revenue receipts, Contingent assets and contingent liabilities
Accounting Policies
Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates
Accounting Standards – Concepts and Objectives
Indian Accounting Standards – Concepts and Objectives
Accounting Process Books of Accounts
Preparation of Trial Balance
Rectification of errors
Bank Reconciliation Statement Introduction, reasons, preparation of bank reconciliation statement
Inventories Cost of inventory, Net realizable value, Basis and technique of inventory valuation and record keeping
Concept and Accounting of Depreciation Concepts, Methods of computation and accounting treatment of depreciation, Change in depreciation methods
Accounting for special transaction Bills of exchange and promissory notes- Meaning of Bills of Exchange and Promissory Notes and their Accounting Treatment; Accommodation bills.
Sale of goods on approval or return basis- Meaning of goods sent on approval or return basis and accounting treatment.
Consignments- Meaning and Features of consignment business, Difference between sale and consignment, Accounting treatments for consignment transactions and events in the books of consignor and consignee.
Average due Date- Meaning, Calculation of average due date in various situations.
Account Current- Meaning of Account Current, Methods of preparing Account Current
Final Accounts of Sole Proprieter Elements of financial statements, Closing Adjustment Entries, Trading Account, Profit and Loss Account and Balance Sheet of Manufacturing and Non-manufacturing entities
Partnership AccountsFinal Accounts of Partnership Firms
Admission, Retirement and Death of a Partner including Treatment of Goodwill
Introduction to LLPs and Distinction of LLPs from Partnership
Financial Statements of Not-for-Profit OrganizationsSignificance of Receipt and Payment Account, Income and Expenditure Account and Balance Sheet, Difference between Profit and Loss Account and Income and Expenditure Account. Preparation of Receipt and Payment Account, Income and Expenditure Account and Balance Sheet
Introduction to company accountsDefinition of shares and debenturesissue of shares and debentures, forfeiture of shares, re-issue of forfeited sharesStatement of Profit and Loss and Balance Sheet as per Schedule III to the Companies Act, 2013.

Check Best Books for CA Foundation 2024 to cover the syllabus efficiently.

Paper 2: Business Laws and Business Correspondance and Reporting 

Paper 2 is divided into two sections, i.e., Section A and Section B. The section-wise syllabus of the same is given below. 

Section A – Business Laws

The Topics of Business Laws are as follows. Candidates can check it out and mark it in their books.

  • The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of the contract, consideration, other essential elements of a valid contract, performance of a contract, breach of contract, Contingent and Quasi Contract.
  • The Sale of Goods Act, 1930: Formation of the contract of sale, Conditions, and Warranties, Transfer of ownership and delivery of goods, Unpaid seller and his rights.
  • The Indian Partnership Act, 1932: General Nature of Partnership, Rights, and duties of partners, Reconstitution of firms, Registration and dissolution of a firm.
  • The Limited Liability Partnership Act, 2008: Introduction- covering nature and scope, Essential features, characteristics of LLP, Incorporation, and differences with other forms of organizations.
  • The Companies Act, 2013: Essential features of the company, corporate veil theory, Classes of companies, types of share capital, Incorporation of company, Memorandum of Association, Articles of Association, Doctrine of Indoor Management 

Section B – Business correspondence and Reporting

Topics Sub-topics 
Communication Types Direction Network Process Problems Barriers Types of communication Sample questions with answers Exercises 
Sentence Types (Direct-Indirect, Active -Passive Speech)Sentence: DefinitionClassification of sentence based on connotation – a) Assertive sentences b) Interrogative sentences c) Imperative sentences d) Exclamatory sentences e) Optative sentencesSentence StructureTypes of sentences a) Simple sentence b) Compound sentence c) Complex sentence d) Compound-complex sentence
Direct-Indirect Speech Active Passive VoiceVerbs Voice Active or passiveExercises 
Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations and Idioms.Introduction Significance of improving vocabulary How to improve vocabulary
Root wordsSynonyms and Antonyms
Words formed by using Prefixes
Words formed by using Suffixes
Phrasal verbs
Comprehension PassagesIntroduction to Comprehension Passages
Points to ponder
Sample Passages with answers
Note MakingIntroduction to Note MakingSignificance of Note MakingDetailed Format Heading (Title) – a) Sub-heading b) Indentation c) Points d) Use of abbreviations e) Summary f) Content g) Expression
Steps to Comprehend and summarize a text Helpful Hints
Sample Passages with Notes
Introduction to Basic WritingIntroduction Process of writing, Styles of writing, Significance of writing skills, Writing Conventions
Characteristics of good writing
Do’s and Don’ts of good writing
Précis WritingWhat is Précis writing?
Features of good Précis writing
How to write a Précis
Do’s and Don’ts of Précis writing
Examples Exercises 
Article writing What is an Article?
(ii) Essential elements of Article Writing
(iii) Detailed Format – a) Title b) By- Writer’s Name c) Body – Introduction – Main Idea-Support – Conclusion d) Sample Articles e) Exercises
Report WritingWhat is a Report?
Essential elements of Report Writing
Kinds of Reports
Detailed Format
Writing formal letters Types of Letters -Detailed format
Points to Remember
Sample letters Exercises 
Writing formal mails How to Write a Formal Mail?
Writing Effective MailsEssential elements of MailsTips and Conventions of MailsSample mailsExercises 
Resume writing Essential Elements of Resume
Resume Writing Tips and Conventions
Meetings Notice Agenda Drafting minutes Action taken report

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Paper 3: Business Mathematics, Logical Reasoning, and Statistics

Paper 3 are divided into three parts, i.e., Part A, B, and C. the section-wise topics are as follows.

Part A Business Mathematics

Topics Sub-topics 
Ratio, and Proportion, Indices, and LogarithmsRatio and Proportion (Business Applications related to Ration and Proportion) Laws of Indices, Exponents and Logarithms and Anti Logarithms.
EquationsSimultaneous linear equations up to three variables, Quadratic and Cubic equations in one variable
Linear Inequalities
Time value of MoneySimple Interest
Compound interest
Effective Rate of Interest
Present Value
Net Present Value
Future Value
Sinking Funds
Valuation of Bonds
Calculating of EMI
Calculations of Returns
Permutations and CombinationsBasic concepts of Permutations and Combinations: Introduction, the Factorial, Permutations, results, Circular Permutations, Permutations with restrictions, Combinations with standard results.
Sequence and SeriesIntroduction Sequences, Series, Arithmetic and Geometric progression, Relationship between AM and GM and Sum of n terms of special series
Sets, Relations and Functions
Basic applications of Differential and Integral calculus (Excluding the trigonometric applications), Applications of Marginal Cost and Marginal Revenue, etc.,

Part B Logical Reasoning

  • Number Series, Coding and Decoding and the odd man out.
  • Direction Tests
  •  Seating Arrangements
  •  Blood Relations

Part C Statistics

Topics Sub-topics 
Statistical description of DataDiagrammatic representation of data, Frequency distribution, Graphical representation of Frequency Distribution – Histogram, Frequency Polygon, Ogive, Pie-chart
Measures of Central Tendency and DispersionMean Median, Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Coefficient of Variation, Coefficient of Quartile Deviation.
ProbabilityIndependent and dependent events; mutually exclusive events. Total and Compound Probability and Mathematical Expectation
Theoretical DistributionsBinomial Distribution, Poisson distribution – Basic application and Normal Distribution – Basic applications
Correlation and RegressionCorrelation and Regression: Scatter diagram, Karl Pearson’s Coefficient of Correlation Rank Correlation, Probable Error and Probable limits. Regression lines, Regression equations, Regression coefficients
Index NumbersUses of Index Numbers, Problems involved in the construction of Index Numbers, Methods of construction of Index Numbers

Paper 4: Business Economics and Business and Commercial Knowledge

Paper 4 of CA Foundation exam syllabus 2024 comprises of two parts. We have tabulated ICAI foundation syllabus for both parts below:

Part 1 Business Economics

Introduction to Business EconomicsMeaning and scope of Business Economics
Basic Problems of an Economy and Role of Price Mechanism.
Theory of Demand and SupplyMeaning and determinants of demand, Law of demand and Elasticity of demand ─ Price, income and cross elasticity
Theory of consumer’s behavior – Marshallian approach and Indifference curve approach
Meaning and determinants of supply, Law of supply and Elasticity of supply.
Demand Forecasting
Theory of Production and CostMeaning and Factors of production
Laws of Production – The Law of Variable proportions and Laws of Returns to Scale, Producer’s equilibrium
Concepts of Costs ─ Short-run and long-run costs, Average and marginal costs, Total, fixed and variable costs.
Price Determination in Different MarketsVarious forms of markets – Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly
Price determination in these markets
Business CyclesMeaning Phases Features. Causes behind these Cycles.

Part 2 Business and Commercial Knowledge

Business and Commercial Knowledge – An IntroductionNature of Business, Profession, and Employment. Objectives of Business. Economic and Non-Economic Activities, Forms of Business Organizations
Business EnvironmentMicro and Macro Environment, Elements of Micro Environment – Consumers/Customers, Competitors, Organization, Market, suppliers, Intermediaries, Elements of Macro Environment – Demographic, Economic, Political-legal, Socio-cultural, Technological, Global Environment
Business OrganizationsOverview of selected Indian and Global Companies.
Government Policies for Business GrowthPolicies creating a conducive business environment such as Liberalization, Privatization, Foreign Direct Investment
Organizations Facilitating BusinessIndian Regulatory Bodies – RBI, SEBI, CCI, IRDAI
Indian Development Banks – NABARD
Common Business TerminologiesFinance and Stock & Commodity Markets Terminology. 
Marketing Terminology.
Banking Terminology.
Other Business Terminology

CA Foundation Exam Pattern 2024

Along with knowing CA Syllabus Foundation 2024, it is very important for the candidates to know the exam pattern in order to prepare effectively. It enables a candidate to prepare accordingly and manage their time effectively. Below is the exam pattern of the CA Foundation candidates can take a look and it.

Particulars Exam pattern
Name of the exam CA Foundation 
Conducting body The Institute Of Chartered Accountants of India (ICAI)
Mode of exam Online 
Frequency of exam Conducted twice a year 
Duration of exam Paper 1 and 2 – 3 hours
Paper 3 and 4 – 2 hours 
Question type Paper 1 and 2 – Subjective 
Paper 3 and 4 – Objective 
Marks 100 marks each paper.
Marking scheme Paper 1 and 2 – No negative marking 
Paper 3 and 4 – ¼ marks deducted for every wrong answer.
Medium of exam English/Hindi(Paper 2 section B in English only.) 
CA Foundation Paper Pattern 2024

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FAQs related to the CA Foundation Syllabus 2024

Where can I find CA syllabus 2024 for Foundation?

The CA Foundation Course syllabus can be found on the official website of ICAI.

Can I download the syllabus free of charge?

Yes, the syllabus is available on the official website free of charge. 

Is the CA Foundation exam MCQ based?

Papers 1 and 2 are subjective while Papers 3 and 4 are Objective. 

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