The CA Foundation 2023 exam pattern is described by the Institute of Chartered Accountants of India (ICAI) on its official website, icai.org. Students preparing for the exam must check out the exam pattern as it consists of all the crucial details, including the types of questions, the subject details, the weighting of topics, the marking scheme, and the length of this national-level exam.
According to the 2023 CA Foundation exam structure, there will be four papers, each worth 100 marks. The first and second of the four papers will be subjective, while the third and fourth will be objective. Read on to learn more about CA Foundation 2023 exam pattern.
CA Foundation 2023 Exam Pattern
Candidates who want to stand out from the competition should be familiar with the CA Foundation paper pattern. Additionally, it enables the applicants to utilise their time effectively and finish all the crucial parts of the CA Foundation exam 2023. Check out the CA Foundation 2023 exam pattern details below.
Particulars
Details
Name of the exam
Common Proficiency Test, CA Foundation, earlier known as CA CPT
Authorised body
The Institute Of Chartered Accountants of India (ICAI)
Level of exam
National level
Frequency
TWICE in a yearMay (or June)November (or December)
Mode of exam
Online centre based
Level of difficulty Duration of papers
Easy to Moderate Paper 1 and 2 – 3 hoursPaper 3 and 4 – 2 hours
Question paper (s)
The CA Foundation exam includes FOUR papers:Paper 1 is the Principles and Practice of AccountingPaper 2 is the Business Laws and Business Correspondence and ReportingPaper 3 is the Business Mathematics, Logical Reasoning and StatisticsPaper 4 is the Business Economics and Business and Commercial Knowledge
Question Type
Paper 1 and 2 – SubjectivePaper 3 and 4 – Objective
Marks
Each paper will be of 100 marks.
Total marks
400
Medium of exam
English/Hindi Paper 2 section b will be in English only
Marking scheme
For objective papers (Paper 3 and 4) – ¼ mark will be deducted for every wrong answer For subjective (Paper 1 and 2) – NO negative marking
CA Foundation 2023 Exam Pattern: Topic-wise Weightage
Check out the topic-wise weightage of CA Foundation below.
Paper 1 – Practice and Principles of Accounting Marks: 100
Weightage
I
Theoretical Framework
5-10%
II
Accounting Process
25-30%
Concept and Accounting of Depreciation
Inventories
Bank Reconciliation Statement
III
Accounting for Special Transactions
15-20%
IV
Financial Statements of Not-for-Profit Organisations
30-40%
Partnership Accounts
Final Accounts of Sole Proprietors
V
Introduction to Company Accounts
10-15%
Paper 2: Business Correspondence and Business Laws 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%
V
The Companies Act, 2013
15-20%
IV
The Limited Liability Partnership Act, 2008
5-10%
III
The Indian Partnership Act, 1932
20-25%
Section B: Business Correspondence and Recording (40 Marks)
Paper 3 – Business Mathematics, Statistics, and StatisticsLogical Reasoning Marks – 100
Part A- Business Mathematics (40 Marks)
I
Ratio and Proportion, Logarithms and Indices
20-30%
Linear Inequalities
Equations and Matrices
II
Time Value of Money
30-40%
III
Basic applications of Differential and Integral calculus
30-50%
Sets, Relations and Functions
Sequence and Series
Permutations and Combinations
Part B- Logical Reasoning (20 Marks)
IV
Number series coding and Decoding and the odd man out
60-70%
Seating Arrangements
Direction Tests
V
Syllogism
30-40%
Blood Relations
Part C- Statistics (40 Marks)
VI
Statistical Representation of Data, Frequency distribution, Diagrammatic representation of data, Pie-chart, Graphical representation of Frequency Distribution in the form of Histogram, Polygon, Frequency, Ogive.
45-50%
Measures of Central Tendency and Dispersion: Mean, Mean Deviation, Median and Mode, Quartiles and Quartile Deviation, Coefficient of Variation, Coefficient of Quartile Deviation, Standard Deviation.
VII
Probability: Mutually exclusive events.Total and Compound Probability; Independent and dependent events; Bayes’ theorem; and Mathematical Expectation
25-30%
Theoretical Distribution: Poisson distribution–basic application and Normal Distribution – basic applications, Binomial Distribution.
VIII
Correlation and Regression: Scatter diagram, Correlation, Regression lines, Karl Pearson’s Coefficient of Correlation Rank, Regression coefficients and Regression equations
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 Production and Cost
35-40%
Theory of Demand and Supply
III
Price Determination in Different Markets
25-30%
IV
Business Cycles
15-20%
Part 4B- Commercial Knowledge & Business (40 Marks)
X
Common Business Terminologies
15-18%
IX
Organizations Facilitating Business
15-18%
VIII
Government Policies for Business Growth
15-20%
VII
Business Organisations
15-18%
VI
Business Environment
15-18%
V
Introduction to Business
15-18%
FAQs on CA Foundation Exam Pattern
Check out the frequently asked questions on the CA Foundation exam pattern.
Q. What number of papers are included in the CA Foundation exam?
Ans: The CA Foundation exam consists of four papers.
Q. Is there any negative marking in the CA Foundation exam?
Ans: Candidates must achieve a minimum of 40% on each paper and a combined 55% on all four to pass the CA Foundation exam.
Q. What are the conditions for passing the CA Foundation exams?
Ans: Candidates must achieve a minimum of 40% on each paper and a combined 55% on all four to pass the CA Foundation exam.
Q. Is the CA Foundation 2023 MCQ-based?
Ans: CA Foundation has four papers, each worth 100 marks. The last two papers are MCQ-based, while the first two are subjective.
Q. What is the CA Foundation’s exam format?
Ans: The CA Foundation exam consists of four papers. Each paper has 100 marks, for a total of 400 marks. There is an exception in Section (b) of Paper 2, which includes English only. There are two languages in which students can give the exam, either English or Hindi.
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