CA Foundation 2024: All You Need to Know

CA Foundation 2024

CA Foundation 2024

Here you are at the 1st step to your journey to success for CA foundation 2024, at LearnCrew!! Chartered accountant, it’s just not a word, it’s an emotion for millions of people in India, just imagine yourselves after 4.5 to 5 years completing the course and being called as “Chartered Accountant” it’s a good feeling right, with tears of joy rolling out from your family, friends, and well-wishers!! Again, to remind you guys, CA is a not a degree but an emotion.

“Let’s create basic awareness of the CA foundation 2024 programme: 

CA foundation 2024 Eligibility

To appear for CA foundation 2024 exam, you need to fulfil the below criteria – eligibility metrics – 

  1. Candidates must get registered with the ICAI prior to 4 months from the scheduled exam date – example – for CA Foundation 2024 June registration closes by Feb 1st, 2024 (or)
  2. Candidate is converted from CPT to CA Foundation as on the date of filling the exam form (and)

a. Candidates must have passed 10+2 board exams from a recognised board and his/her mark sheets must be uploaded in the official ICAI portal – called as SSP portal (or)

b. Appeared in 10+2 board exam from recognised board and his/her class board admit card must be uploaded in the SSP portal.

  1. Should have Valid login credentials on SSP Portal (students who are first time users, must register themselves on the portal just like how you register on any Social media platform)
  2. Students to have valid course registration, in case it is lapsed, request to please validate with the ICAI institute.

CA Foundation 2024 Comparision Old vs New

CA Foundation 2024

CA Foundation 2024 Syllabus

  1. Paper 1: Principles and Practice of Accounting
    • Theoretical Framework
    • Accounting Process
    • Bank Reconciliation Statement
    • Inventories
    • Concept and Accounting of Depreciation
    • Accounting for Special Transactions
    • Final Accounts of Sole Proprietors
    • Partnership Accounts
  2. Paper 2: Business Laws & Business Correspondence and Reporting
    • Section A: Business Laws
      • Indian Contract Act, 1872
      • Sale of Goods Act, 1930
      • Indian Partnership Act, 1932
    • Section B: Business Correspondence and Reporting
      • Communication
      • Sentence Types and Word Power
      • Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal verbs, Collocations, Idioms, and Proverbs
      • Comprehension Passages and Note-Making
      • Developing Writing Skills
  3. Paper 3: Business Mathematics and Logical Reasoning & Statistics
    • Part I: Business Mathematics and Logical Reasoning
      • Ratio and Proportion, Indices, and Logarithms
      • Equations and Matrices
      • Linear Inequalities with Objective Functions and Optimization
      • Time Value of Money
      • Permutations and Combinations
      • Sequence and Series
      • Sets, Relations, and Functions
    • Part II: Statistics
      • Statistical Description of Data
      • Measures of Central Tendency and Dispersion
      • Probability
      • Theoretical Distributions
      • Correlation and Regression
      • Index Numbers and Time Series
  4. Paper 4: Business Economics and Business and Commercial Knowledge
    • Part I: Business Economics
      • Introduction to Micro Economics
      • Theory of Demand and Supply
      • Theory of Production and Cost
      • Price Determination in Different Markets
    • Part II: Business and Commercial Knowledge
      • Business and Commercial Knowledge

How to prepare?

There are multiple methods to prepare for the entrance exam.

Apart from preparing for exam, next important aspect is to attempt mocks, as many as possible. Having a routine and following it strictly.

Conversion: Candidate registered under Old Scheme compulsorily must convert on Self Service Portal from CPT to CA Foundation.

  1. Photograph and Signatures to be updated – Latest documents to be uploaded.
  2. For any other queries, request to email to the service helpdesk at the SSP portal.

Apart from this, once registration is done – examination fees to be paid – ideally prior 2 months the portal will open for registration and once done, the admit cards will be received on registered email ID.

The exams will be conducted twice a year – in the months of June and December.

And results will be published after 2 months from the date of examination.

Once the above is done, you are officially called a CA student!! To be part of the ICAI fraternity in the future, become a member and be officially called as a chartered accountant, join us in the journey to success at LearnCrew.

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