ca foundation new syllabus

CA Foundation New Syllabus 2024: ICAI New Scheme Syllabus & Subjects

As a part of the new system of education and training, the Institute of Chartered Accountants of India (ICAI) released the CA Foundation New Syllabus 2024 on July 1, 2023. Candidates who plan to sit for the test must take into account the new additions and changes to the CA Foundation 2024 syllabus. The new program’s CA Foundation syllabus can be found on the official ICAI website, The final CA Foundation exam to be conducted under the existing programme using the outdated CA Foundation syllabus will take place in December 2023, while the first CA Foundation exam to be conducted under the new ICAI programme will take place in June 2024.

Interested candidates should take note of the new CA Foundation test syllabus and develop a preparation strategy in line with it. Read the complete article to learn more about the CA Foundation’s new curriculum, which is being implemented under the ICAI’s new structure, covering all the topics and important themes.

CA Foundation New Syllabus Papers 2024

In the new syllabus of CA Foundation, under the new ICAI scheme, the following papers have been included :

Sl. No Paper Name Marks Type of Questions
Paper 1 Accounting 100 Marks Objective
Paper 2 Business Laws 100 Marks Objective
Paper 3 Quantitative Aptitude:

Part A: Business Mathematics

Part B: Logical Reasoning

Part C: Statistics

100 Marks

Part A: 40 Marks

Part B: 20 Marks

Part C: 40 Marks

Paper 4 Business Economics 100 Marks Subjective

CA Foundation Syllabus Under New Scheme 2024

The precise ICAI CA Foundation curriculum for each of the aforementioned papers is provided in the table below in accordance with the most recent format. The specifics also comprise the central concepts for every CA Foundation discipline.


Objective: To get a basic understanding of accounting’s concepts and principles and put that knowledge to use when creating financial statements and solving straightforward problems.
Topics Sub Topics
Theoretical Framework


  • Meaning and Scope of Accounting.
  • Accounting concepts, principles and conventions.
  • 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.


Accounting Process

  • Recording accounting transactions: principles of double entrybook-keeping, books of original entry-journal,subsidiary books,cash book, ledger-format,posting from journals and subsidiary books,balancing accounts.
  • Preparation Of Trial Balance.
  • Rectification Of Errors
Bank Reconciliation Statement Introduction, reasons and preparation of bank reconciliation statement
Inventories Meaning, basis and technique of inventory valuation, cost of inventory, net realisable value and record system
Depreciation and Amortisation


Meaning and distinctions between tangible and intangible assets, as well as concepts, computation methods, and accounting treatment of amortisation and depreciation, as well as changes to the depreciation method
Bills of Exchange and Promissory Notes Meaning of bills of exchange and promissory notes and their accounting treatment; accommodation bills.
Preparation of Final accounts of Sole Proprietors Elements of financial statements, closing adjustment entries, trading account,profit and loss account and balance sheet of manufacturing and non- manufacturing entities
Financial Statements of Not-for-Profit Organizations Difference between the profit and loss account and the income and expenditure account, as well as the significance and production of the receipt and payment account, income and expenditure account, and balance sheet
Accounts from Incomplete Records (excluding preparation of accounts based on ratios).
Partnership And LLP Accounts

  • Final accounts of partnership firms and LLP.
  • Admission, retirement and death of a partner including treatment of goodwill.
  • Dissolution of partnership firms and LLPs including piecemeal distribution of assets
Company Accounts


  • Definition Of Shares And Debentures.


  • Issue Shares And Debentures,forfeiture of shares,reissue of forfeited shares.


  • Redemption of preference shares and debentures(excluding purchase and redemption of own debentures sinking fund method).


  • Accounting For Bonus Issue And Right Issue.

Paper 2: Business Laws


Objective: to obtain general legal knowledge of the law of contracts, sales, and a comprehension of different company structures and how they operate in order to control the business environment, as well as the capacity to address simple application-oriented problems.
Topics Sub Topics
Indian Regulatory Framework Major Regulatory Bodies such as the Ministry of Finance, Ministry of Corporate Affairs, SEBI, RBI, IBBI, Ministry of Law and Justice, etc.
The Indian Contract Act, 1872 General Terms of the Contract, the Consideration, and Additional Requirements for a Binding AgreementContract of Indemnity and Guarantee, Performance Contract, Breach of Contract, Conditional and Quasi-Contract, Contract of Agency, Contract of Bailment and Pledge
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 organisations
The Companies Act, 2013 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
The Negotiable Instruments Act, 1881 Meaning of Negotiable Instruments, Characteristics, Classification of Instruments, Different provisions relating to Negotiation, Presentment of Instruments, Rules of Compensation




  • students become familiar with fundamental statistical and quantitative concepts and apply them to situations in business, finance, and economics.
  • to improve your ability to reason logically.
Topics Sub Topics
Part A: Business Mathematics
Ratio and proportion, Indices and Logarithms Ratio and proportion and Time and work-related problems, Laws of Indices, Exponents and Logarithms and AntiLogarithms
Equations Linear Equations Upto Three Variables, Quadratic and Cubic equations in one variable. Applications in Business Related Problems.
Linear Inequalities Linear Inequalities in one and two variables and the solution space
Mathematics of Finance

  • ◦ Simple Interest
  • ◦ Compound Interest
  • ◦ Nominal and Effective Rate of Interest
  • ◦ Present Value
  • ◦ Net Present Value
  • ◦ Future Value
  • ◦ Perpetuity
  • ◦ Annuities
  • ◦ SinkingFunds
  • ◦ Calculating EMI
  • Calculations of Returns:Nominal and Effective rate of Return
  • Compound Annual Growth Rate(CAGR)
Permutations and Combinations Basic concepts of Permutations and combinations: Introduction, the factorial, permutations, results, circular permutations, permutations with restrictions, Combinations With standard results
Sequence and Series Introduction Sequences, Series, Arithmetic and Geometric progression,RelationshipbetweenAMandGMandSumofntermsofspecialseriesand BusinessApplications
Sets, Relations, and Functions. Basics of Limits and Continuity Functions
Basic applications of Differential and Integral calculus in Business and Economics (Excluding the trigonometric applications)
Part B: Logical Reasoning Number series coding and Decoding and odd man out, Direction Tests, Seating Arrangements, Blood Relations
Part C: Statistics
Statistical Representation of Data Diagrammatic representation of data, Frequency Distribution, Graphical representation of Frequency Distribution–Histogram, Frequency Polygon, Ogive, Pie-chart
Sampling Basic principles of sampling theory, comparison between sample survey and complete enumeration, some important terms associated sampling type of sampling,sampling and non-sampling errors.
Measures of Central tendency and Dispersion Mean Median, Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Coefficient of Variation, Coefficient of Quartile Deviation
Probability Independent and dependent events;mutually exclusive events.Total and Compound Probability and Bayes Theorem
Theoretical Distributions Random variables, Discrete and Continuous Random variables, Expectation of a discrete random variable, Theoretical Distributions:Binomial Distribution, Poisson distribution–basic application and Normal Distribution–basic applications
Correlation and Regression Scatter diagram, Karl Pearson’s Coefficient of Correlation Rank Correlation, Regression lines, Regression equations,Regression coefficients
Index Numbers Uses of Index Numbers, Problems involved in construction Index Numbers,Methods of construction of Index Numbers.BSE SENSEX NSE

Paper 4: Business Economics

Objective: To develop an understanding of the concepts and theories of Economics and to acquire the ability for addressing application-oriented issues
Topics Sub Topics
Introduction to Business Economics Meaning and scope of Business Economics.

Basic Problems of an Economy and Role of Price Mechanism

Theory of Demand and Supply

  • Meaning and Determinants of Demand, Law of Demand and Elasticity of Demand – Price, Income and Cross Elasticity.
  • Theory of Consumer’s Behaviour –Indifference Curve approach.
  • Meaning and Determinants of Supply, Law of Supply and Elasticity of Supply, Market Equilibrium and Social Efficiency
Theory of Production and Cost

  • Meaning and Factors of Production, Short Run and Long Run.
  • Law 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 andVariable Costs
Price Determination in Different Markets

  • Market Structures: Perfect Competition, Monopoly and Monopolistic Competition.Using Game Theory to study Oligopoly.
  • Price Determination in these Markets.
  • Price- Output Determination under different Market Forms
Determination of National Income

  • Macro Economic Aggregates and Measurement of National Income
  • Determination of National Income: Keynes’ Two Sector Basic Model,Three Sectors and Four Sectors Models
Business Cycles Meaning, Phases, Features, Causes behind these Cycles
Public Finance

  • Fiscal functions:AnOverview, Centre and StateFinance.
  • MarketFailure/Government Intervention To Correct Market failure.
  • Process of budget making: Sources of Revenue, Expenditure Management, and management of Public Debt.
  • FiscalPolicy
Money Market

  • Concept of Money Demand
  • Important theories of Demand for Money
  • Concept of Money Supply, Cryptocurrency Another New Terminology
  • Monetary Policy
International Trade

  • Theories of International Trade including theories of intra-industry trade Krugman.
  • TradePolicy–TheInstrumentsofTradePolicy.
  • TradeNegotiations.
  • ExchangeRatesanditseconomiceffects.
  • International Capital Movements: Foreign Direct Investment
Indian Economy

  • Before 1950- Chanakya and Nand Vansh
  • OECD Paper (1950-1991),
  • Basic knowledge 1991 Onwards

Requirements for Clearing CA Foundation Examination 2024

A candidate is said to have passed the Foundation examination if they score at least 40% on each paper and at least 50% on the total of all the papers in one sitting.

Objective in nature, Papers 1 and 2 will receive negative marks; additional notification will be provided. The subjective-type papers are 3 and 4.

Advice on How to Prepare for the New CA Foundation Syllabus 2024

The following advice will help you get started on your CA Foundation exam preparation:

Know the Syllabus: Have a firm understanding of the CA Foundation syllabus. Even though there are the same number of papers, one should do extra research to determine whether there have been any additions or deletions to the curriculum’s listed topics.

Start Early: Candidates should start their preparations now that the CA foundation exam syllabus has been made public. You’ll have plenty of time to review and practise later if you get started early.

Consult the Correct Books and Study Guides: Study guides for the CA foundation are available on the ICAI website. It can be consulted by candidates as they get ready for the CA. Candidates can also prepare well for the CA Foundation test by reading reputable books.

Mock Test: To improve performance on test day, prepare with real-looking mock tests. Additionally, candidates can attempt to pass mock tests for the CA Foundation on the ICAI’s website.

Frequently Asked Questions

When was the New Syllabus of CA Foundation Released?

 On July 1, 2023, ICAI issued the revised syllabus

When is the first CA Foundation Exam under the ICA New Scheme For Education & Training ?

The first CA Foundation test will be administered in June 2024 in accordance with the updated ICAI education and training plan.

How many Papers are there in the CA Foundation New Syllabus ?

The updated syllabus for the CA Foundation course includes 4 papers.

How many Marks is each of the Papers in the CA Foundation Exam?

Each paper in the CA foundation exam has 100 points.

ca foundation exam form

CA Foundation Exam Form May 2023: Fees, Last Date, Guidance to Fill Application Form

The CA Foundation test application submitting period for May 2023 try will begin on February 3, 2023, according to the ICAI. The CA Foundation exam registration form must be submitted by February 24, 2023, to avoid a late fee. Additionally, students have till March 3, 2023, to submit the Foundation examination form with a late cost of Rs. 600. is the official ICAI website where the form can be submitted.

Visit the ICAI portal, provide the necessary information, upload the appropriate documents, and pay the exam fees to complete the CA Foundation exam form 2023.

The cost of the CA Foundation Exam application is $325 for international students, Rs. 1500 for Indian students, and Rs. 2200 for Kathmandu students. The adjustment window will be open from March 4 to March 10, 2023, according to the ICAI. You’ll find all the information you need regarding the CA Foundation examination form for June 2023 on this page, including eligibility information, how to complete the application form 2023, fees, dates, and papers needed.

Important Dates for ICAI CA Foundation Exam Form May 2023

Between February 3 and February 24, 2023, students can complete the CA Foundation exam forms for May 2023. The form must be submitted by March 3, 2023, or a late fee of Rs. 600 will apply.

The following table lists the crucial dates for the CA Foundation exam in May 2023:

Events Dates
Start Date of CA Foundation Exam Form Feb 3, 2023
Last date to fill Foundation Exam form May 2023 Feb 24, 2023
Last date to fill out the form (with late fee) March 3, 2023
Opening date of Correction Window March 4, 2023
Closing date of Correction Window March 10, 2023
CA Foundation June 2023 Exam Dates June 24 to June 30, 2023

Eligibility Criteria for Filing the CA Foundation Application Form 2023

Students must meet the requirements listed below to be eligible for the CA Foundation.

  • Students must have passed the recognised board’s 12th-grade exams.
  • Before January 1, 2023, students must have finished the CA Foundation registration.

How to Fill CA Foundation Exam Form June 2023?

Step 1: Login and Apply

You must first go to the ICAI website and log in using your credentials. You must sign up for the CA Foundation course if this is your first application.

Next, select “Apply Now” from the menu. Note that no updates to your profile will appear in your application form after you click “Apply Now.”

Step 2: Fill up the Exam form and Submit the Declaration Form 2023

Enter the required information, including the registration date, PIN, roll number, the year of the class 12 qualifying exam, etc. Additionally, you must submit the declaration form. The declaration form and certificate of service are available for students to obtain from the ICAI website.

Verify that you have accurately completed all of the fields before clicking “Save & Proceed”.

Step 3: Preview the Details

Check all of your information. To make changes, select “Back to Form” and then make your changes.

Step 4: Pay the CA Foundation Exam Form Fees

To begin paying, click the “Make Payment” button. Only online payments will be accepted. If the payment is unsuccessful, you can try again by clicking “Pay” in the dashboard.

Step 5: Download the PDF after Successful Payment

When your payment is accepted, the ICAI will let you know the specifics. Clicking “Download PDF” will allow you to download the June 2023 CA Foundation Exam Form. Your payment was unsuccessful if the bank withdraw the funds, but the ICAI website did not display a success message.

After submission, a PDF file will be created that must be saved in either soft or hard copy, provided it contains all the necessary information, including a photo and a signed signature.

Let’s say the form is missing a scanned signature and photo. The CA Foundation exam form must be turned in together with a photo and signature at the appropriate location in that scenario. And send the form to the appropriate ICAI office(s) after having it attested by a Chartered Accountant, a Gazetted Officer, or the Head of an Educational Institution.

On February 3rd 2023, ICAI will announce the CA Foundation December 2022 results. Students who failed the tests in December 2022 can sign up for the ones in June 2023.

Documents Required for CA Foundation Exam Form Filling

  • Your parents, guardian, and the head of your educational institution, as well as a member of ICAI and a gazetted official, have authenticated your declaration (in a specific way).
  • Include a scanned copy of your class 12 transcript, proof of any special categories, a passport-size photo that has been examined, and either your birth certificate or a scanned copy of your transcript from your 10th grade.
  • Use a Master/Visa/Maestro Credit/Debit Card to make an online payment.

What is the CA Foundation Exam Form Fee?

For Indian students, the CA Foundation Exam form costs Rs. 1500; for students in Kathmandu, it costs Rs. 2200; and for international students, it costs $325. For students from India, the late fee for the CA Foundation exam is Rs. 600, while it is $10 for students from other countries.

Examination Centre Fees
For Indian Centres Rs 1500
For Overseas Centre(s) – Excluding Kathmandu Centre US$ 325
For Kathmandu (Nepal) Centre Rs 2200

The methods of payment accepted by the ICAI for exam form fees include credit card, debit card, net banking, or Bhim UPI. Click on this link to view the complete CA Foundation cost schedule.

Important Things to Take Care of while Filing the CA Foundation Application Form

Students commonly make mistakes when filling out the exam form. As a result, Inspire suggests that students use this checklist when completing their application.

  • Put in the same details that you did on the registration form.
  • Avoid filling out multiple forms on the same computer. Don’t use your phone to fill out forms, either.
  • To avoid late fines, pay the exam form costs in a timely manner.
  • The only way for students to pay is online.
  • You may rest easy knowing that your form was sent successfully. When a form is fully completed, fees have been paid, and supporting documents have been uploaded, it is considered submitted.
  • Take a printout of the exam form, don’t forget.

CA Foundation Correction Window 2023

The ICAI opens the correction opportunity for fixing errors if there are any in the exam form. You can request changes to the exam locations, chosen group, study method, syllabus, etc. here.

The adjustment window will be open from March 4 to March 10, 2023, according to the ICAI. You must now take the following actions to request adjustments on your CA Foundation application form 2023:

  • Open your dashboard at and log in.
  • To edit the information, select “Changes” from the menu.
  • An application for the changes you want should be typed or written. Join the website and upload a scanned copy of the application.
  • Hit “Submit.”

The application is not a guarantee that your request will be granted. Your admit cards will reflect the updated status if your application request is granted.

What after CA Foundation Examination Form June 2023?

The CA Foundation admit card will be issued by ICAI 14–15 days before the tests begin when the exam application has been submitted successfully. Students should be aware that the ICAI has banned the practice of distributing admit cards offline.

As a result, students must download the CA Foundation admission card from the official website online. Students must use their id and password to check in to the ICAI website,, to download their admit card. Students must bring their admission cards with them at all times because they cannot submit their papers without them. To get the exact steps to download the CA Foundation admit card for June 2023, see the web store.

Students must develop a good plan to finish their CA Foundation Course by knowing the format of the CA examinations as there is less time left for the CA Foundation examinations. To get decent results, they must also complete two to three reviews of the CA foundation syllabus, work through the CA foundation question papers from the previous year, and complete mock test papers.

Frequently Asked Questions

Between February 3 and February 24, 2023, students can submit their ICAI CA Foundation application for May 2023 try.

Whether you take the examinations or not, if you fill out the CA Foundation exam form, your attempt will be recorded.

The ICAI official website is where students may obtain the CA Foundation examination form for June 2023.

Without a late fee, the CA Foundation examination form must be submitted by February 24, and with a late fee, it must be submitted by March 3, 2023.

If a student’s photo or signature is missing, they must print out the pdf, affix the missing information, and send it to the ICAI office.

Yes, students can write their papers in either English or Hindi depending on their preferences. All students must, however, write Paper 2 entirely in English.

No, students cannot currently apply for the June 2023 CA Foundation examinations. On January 1, 2023, registration will be finished.