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 –
- 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)
- 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.
- 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)
- 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 Syllabus
- 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
- 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
- Section A: Business Laws
- 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
- Part I: Business Mathematics and Logical Reasoning
- 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
- Part I: Business Economics
How to prepare?
There are multiple methods to prepare for the entrance exam.
- Self Study – From Youtube and online media
- Offline proctored classes – Recognised institutes
- Online proctored classes – Recognised Institutes
- Practicing old papers
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.
- Photograph and Signatures to be updated – Latest documents to be uploaded.
- 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.
