Syllabus for CA Foundation Course

If you are in CA Foundation and looking for syllabus for CA Foundation Course then you are right place.

Here I am going to share chapterwise syllabus of CA Foundation…

CA FOUNDATION SYLLABUS 2021

PAPER – 1. PRINCIPLES AND PRACTICE OF ACCOUNTING (3 HOURS 100 MARKS)

CHAPTER NAME	DETAILS OF CHAPTER
THEORETICAL FRAMEWORK	Meaning and scope of accounting.Accounting concepts, principles and conventions.Accounting terminology- GlossaryCapital and revenue expenditure, Capital and revenue receipts, Contingent assets and contingent liabilitiesAccounting PoliciesAccounting as a measurement discipline- Valuation Principles, Accounting Estimates.Accounting Standards- Concepts and ObjectivesIndian accounting Standards- Concepts and Objectives
ACCOUNTING PROCESS	Books of AccountsPreparation of Trial BalanceRectification of Error
3. BANK RECONCILIATION STATEMENT	Introduction, Reasons, Preparation of Bank Reconciliation Statement.
4. INVENTORIES	Cost of inventoryNet realizable valueBasis and technique of inventory valuation and record keeping.
5. CONCEPT AND ACCOUNTING OF DEPRECIATION	ConceptsMethods of computation and accounting treatment of depreciation Change in depreciation method.
6. ACCOUNTING FOR SPECIAL TRANSACTIONS   BILLS OF EXCHANGE AND PROMISSORY NOTES   SALE OF GOODS ON APPROVAL OR RETURN BASIS   CONSIGNMENTS               AVERAGE DUE DATE   ACCOUNT CURRENT	Meaning of bills of exchange and promissory notes and their Accounting Treatment, Accommodation bills.   Meaning of goods sent on approval or return basis and accounting treatment.     Meaning and Features of consignment businessDifference between sale and consignmentAccounting treatments for consignment transactions and events in the books of consignor and consignee.   Meaning, Calculation of average due date in various situations.   Meaning of Account Current, Methods of preparing Account Current. Elements of Financial statementClosing Adjustment EntriesTrading AccountProfit and Loss Account and Balance sheet of Manufacturing and Non -manufacturing entities.
8. PARTNERSHIP ACCOUNTS         9. FINANCIAL STATEMENTS OF NOT- FOR- PROFIT ORGANISATIONS             10. INTRODUCTION TO COMPANY ACCOUNTS	Final Accounts of Partnership FirmsAdmission, Retirement and Death of a partner including Treatment of GoodwillIntroduction to LLPs and Distinction of LLPs from Partnership.   Significance 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.   Definition of Shares and DebenturesIssue of shares and debentures, forfeiture of shares, re-issue of forfeited Shares    Statement of Profit and Loss and Balance sheet as per schedule III to the Companies Act 2013.

PAPER – 2: BUSINESS LAWS AND BUSINESS CORRESPONDENCE AND REPORTING (3 hours-100 marks)

SECTION A: BUSINESS LAWS (60 MARKS)

INDIAN CONTRACT ACT 1872         THE SALE OF GOODS ACT, 1930         THE INDIAN PARTNERSHIP ACT ,1932

An overview of section 1 to 75 covering the general nature of contract, consideration, other essential elements of a valid contract, performance of contract, breach of contract, Contingent and Quasi Contract.   Formation of the contract of sale, Conditions and warranties, Transfer of ownership and delivery of goods, Unpaid seller and his rights.     General nature of Partnership, Rights and Duties of partners, Reconstitution of firms, Registration and dissolution of a firm.

THE LIMITED LIABILITY PARTNERSHIP ACT, 2008:       THE COMPANIES ACT , 2013:

Introduction- covering nature and scope, Essential features, Characteristics of LLP, Incorporation and difference with other forms of organizations.   Essential features of 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 (MARKS 40)

PART- I: COMMUNICATION

1. Types                                       vi. Barriers
2. Directions                    vii   Types of Communication
3. Network                        a.  Interpersonal skills
4. Process                          b.  Listening Skills
5. Problems                   c.  Emotional Intelligence

viii. Sample Questions with Answers

ix. Exercises

PART- II: SENTENCES TYPES AND WORD POWER

2. Sentence Types (Direct- Indirect, Active- Passive Speech)

1. Sentence: Definition
2. Classification of Sentence based on connotation
3. Assertive Sentences
4. Interrogative Sentences
5. Imperative Sentences
6. Exclamatory Sentences
7. Optative Sentences
8. Sentence Structure
9. Subject and Predicate
10. Verb (Auxiliary, Finite)
11. Object (Direct, Indirect)
12. Complement
13. Adjunct or Adverbial
14. Clause Structure
15. Types of Clauses
16. Independent Clauses
17. Dependent Clauses
18. Relative or Noun Clauses
19. Types of Sentences
20. Simple Sentences
21. Compound Sentence
22. Complex Sentences
23. Compound – Complex Sentence
24. Direct- Indirect Speech
25. Introduction
26. Procedure for Converting Direct Speech into Indirect Speech

-Rules for Converting Direct Speech into Indirect speech

– Change in Pronouns                       – Changes for Exclamatory Sentences

– Change in Tenses                        – Changes for Interrogative Sentences

-Change in Modals                       – Punctuation in Direct Speech

-Changes for Imperative Sentences                                                                                                     

c. Rules for Converting Indirect Speech into Direct Speech

vi. Active Passive Voice: Introduction

1. Usage: Active vs Passive Voice
2. Reasons for Using Passive Voice       
3. Changing passive voice to Active Voice 
4. Changing Active Voice to Passive Voice
5. Suggestions for Using Active and Passive voice

 vii. Verbs Voice Active and Passive

• Exercises

3. Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes,) Phrasal Verbs, Collocations and Idioms.

1. Introduction
2. Significance of Improving Vocabulary
3. How to Improve Vocabulary
4. Root Words
5. Synonyms and Antonyms
6. Words formed by Using Prefixes
7. Words formed by Using Suffixes
8. Phrasal Verbs
9. Collocations
10. Idioms
11. Exercises

PART- III: COMPREHENSION PASSAGES AND

NOTE MAKING

4. COMPREHENSION PASSAGES

1. Introduction to Comprehension Passages
2. Points to Ponder
3. Sample Passages with Answers
4. Exercises
5. NOTE MAKING
6. Introduction to Note Making            
7. Significance of Note Making
8. Detailed Format Heading (Title)
9. Sub heading
10. Indentation
11. Points
12. Use of abbreviations
13. Summary
14. Content
15. Expression
16. Steps to Comprehend and Summarize Text
17. Helpful Hints
18. Sample Passages with Notes
19. Exercises

PART- IV: DEVELOPING WRITING SKILLS

• Introduction to basic writing
• Introduction
• Process of Writing
• Styles of Writing
• Significance of Writing Skills for Students
• Writing Conversations
• Characteristics of Good Writing
• Dos and Don’ts of Good Writing
• Precis Writing
• What is Precis Writing
• Features of Good Precis Writing
• How to Write a Precis
• Dos and Don’ts of Precis Writing
• Examples (Passages with Precis)
• Exercises
• Article Writing
• What is an article?
• Essential elements of Article Writing
• Detailed Format
• Title
• By Writers Name
• Body

-Introduction

Main idea Support

Conclusion

• Sample Articles
• Exercises
• Report Writing
• What is Report
• Essential elements of Report Writing
• Kinds of reports
• Reporting for a Meeting Assembly
• Reporting for a Newspaper
• Reporting for a Magazine
• Detailed Format for iii above
• Title
• By Writers Name
• Place, Date
• Body

-What

-When

-Where

 -Who

-How

• Tips and Conventions of Report Writing
• Sample Reports
• Exercises
• Writing Formal Letters
•  Types of Letters
• Circulars
• Complaints
• Memos
• Promotional Content
• Sales
• Recovery Remittances
•  Detailed Format for I above
• Date
• Salutation
• Subject
• Body of The Letter

– First paragraph

– Second paragraph

e. Complimentary Closure

iii. Points to Remember

iv. Sample Letters

• exercises
• Writing Formal Mails
• How to Write a Formal Mail
• Writing Effective Mails
• Essential Elements of Mails

– Subject line

-Formal Greetings

-Target Audience (Reader)

-Clarity and Conciseness

-Formal Closing

-Proof read

-Feedback

• Tips and Conventions of Mails
• Sample Mails
• Exercises
• Resume Writing
• Essential Elements of Resume
• Name and Contact Details
•  Objective Summary
• Academic Qualifications and Achievements
• Co-curricular Achievements
• Training Programs attended completed
• Strengths
• Interest/ Hobbies
• Declaration
• Signature
• Resume Writing Tips and Conventions
• Samples Resumes
• Exercises
• Meetings
• Notice
• Agenda
• Drafting minutes
• Action Taken Report

PAPER- 3: BUSINESS MATHEMATICS, LOGICAL REASONING AND STATISTICS (3 Hours- 100 Marks)

PART A BUSINESS MATHEMATICS (40 Marks)

RATIO AND PROPORTION,   INDICES AND LOGARITHMS    EQUATION AND MATRICES         LINEAR INEQUALITIES WITH OBJECTIVE FUNCTIONS AND OPTIMIZATION w.r.t. OBJECTIVE FUNCTION   TIME VALUE OF MONEY               PERMUTATIONS AND COMBINATIONS       SEQUENCE AND SERIES       SETS RELATIONS AND FUNCTIONS   BASIC APPLICATIONS OF DIFFERENTIAL AND INTEGRAL CALCULUS

Ratio and Proportion (Business Applications Related to Ration and Proportion) Laws of Indices, Exponents and Logarithms and Anti Logarithms   Equation: Simultaneous Linear Equations up to Three Variables, Quadratic and Cubic Equations in One Variable   Matrices: Algebra of Matrices, Inverse of a Matrix and Determinants, Solving System of Equations by Cramer’s rule (Involving not more than three variable)         Simple Interest, Compound Interest, Depreciation, Effective rate of Interest, Present value, Net Present Value, Future Value, Perpetuity Annuities, sinking funds, Valuation of Bonds, Calculating of Emi  Calculating of Returns; Nominal Rate of Return Effective rate of returnCompound Annual Growth rate (CAGR) Basic concepts of Permutation and Combinations: introduction, the factorial, permutations result curricular permutations, permutations with restriction, combination with standards results.     Introduction sequences, series, arithmetic and Geometric Progressions, relationship between AM and GM and sum of n terms of special series.         (Excluding the trigonometry applications) Applications of marginal cost and marginal revenue etc.,

PART- B: LOGICAL REASONING (20 MARKS)

1. Number series, Coding and Decoding and odd man out.
2. Direction Tests
3. Seating Arrangements
4. Blood Relation                 5. Syllogism

*This is for the kind information of the students appearing for November 2021 examination and onwards at the foundation level, that following topics in paper 3 – BUSINESS MATHEMATICS. LOGICAL REASONING AND STATISTICS 100 MARKS HAVE BEEN DELETED.

Chapter No 2- UNIT II ; MATRICES

Chapter 13 – SYLLOGISM

Chapter 19 – UNIT II: TIME SERIES

PART- C: STATISTICS (40 Marks)

STATISTICAL DESCRIPTION OF DATA             MEASURES OF CENTRAL TENDENCY AND DISPERSION           PROBABILITY       4.THEORETICAL DISTRIBUTIONS         5.CORRELATION AND REGRESSION         6.INDEX NUMBERS AND TIME SERIES   INDEX NUMBERS-     TIME SERIES ANALYSIS-

Statical representation of data , diagrammatic representation of data , frequency distribution , graphical representation of frequency distribution- histogram , frequency  polygon, ogive , pie chart.   Measures of central tendency and Dispersion: mean median mode mean deviation quartiles and quartile deviation standard deviation co efficient of variation, coefficient of quartile deviation.   Probability: Independent and dependent events; mutually exclusive events. total and compound probability and mathematical expectations.   Theoretical Distributions: binomial distribution, poison distribution – basic application and normal distribution- basic application.   Correlation and Regression: scatter diagram, Karl’s parson’s coefficient correlation, Probable error and Probable limits, Regression lines Regression’s equations, Regression Coefficients   Uses of Index Numbers, problems involved in construction of index numbers, methods of constructions of index numbers.   Components of Time series and Calculation of trend by Moving Average Method.

PAPER-4: BUSINESS ECONOMICS AND BUSINESS AND COMMERCIAL KNOWLEDGE (3 Hours- 100 Marks)

INTRODUCTION TO BUSINESS ECONOMICS   THEORY OF DEMAND AND SUPPLY                 THEORY OF PRODUCTION AND COST           PRICE DETERMINATION IN DIFFERENT MARKETS         BUSINESS CYCLES

Meaning and scope of Business EconomicsBasic Problems of an Economy and Role of Price mechanism   Meaning and Determinants of demand, Law of Demand and Elasticity of Demand- Price, Income, Cross Elasticity.Theory of Consumer Behavior – Marshallian approach and I indifference curve approach.Meaning and determinants of Supply -, Law of Supply and Elasticity of supplyDemand Forecasting   Meaning and Factors of ProductionLaws of Production- Law of Variable Proportion and Law of Return to Scale, Producers Equilibrium.Concepts of Costs- short run and Long run Costs , Average and Marginal costs Total Fixed and Variable Costs   Various forms of markets – PerfectCompetion, Monopoly, Monopolistic Competition and OligopolyPrice determination in these markets   MeaningPhasesFeaturesCauses behind these cycles

PART – II: BUSINESS AND COMMERCIAL KNOWLEDGE (40 Marks)

BUSINESS AND COMMERCIAL KNOWLEDGE- AN INTRODUCTION   BUSINESS ENVIRONMENT      BUSINESS ORGANIZATIONS   GOVERNMENT POLICIES FOR BUSINESS GROWTH      ORGANIZATIONS FACILITATING BUSINESS      COMMON BUSINESS TERMINOLOGIES

Nature of business, Profession and employment, Objectives of business. Economic and non-economic activities ,Forms of Business Organizations.   Micro and Macro Environment, elements of micro environment- consumers, customers, competitors ,organizations market, suppliers, intermediaries ,elements of macro environment, demographic economic political, legal socio cultural, technological, global environment. Overview of selected Indian and global companies.   Policies creating conductive business environment such as liberalization privatization foreign direct investment.   Indian regulatory bodies- RBI, SEBI, CCI, IRDAI Indian development banks – IFCI SIDBI EXIM bank NABARD.   Finance and stock and commodity markets terminologyMarketing TerminologyBanking Terminologyother Business Terminology