CA Foundation Course
Your First Step Towards Becoming a Chartered Accountant
The Chartered Accountancy (CA) Foundation Course is the entry-level stage of the Chartered Accountancy programme conducted by the Institute of Chartered Accountants of India (ICAI). It is designed to develop fundamental knowledge of accounting, business laws, mathematics, statistics and economics, providing a strong academic base for students aspiring to become Chartered Accountants.
The course is suitable for students who have completed or are pursuing Class 12 and wish to build a career in accounting, auditing, taxation, finance, consulting or business management.
π Course Structure & Syllabus
The CA Foundation programme consists of four compulsory papers, each carrying 100 marks, making a total of 400 marks.
π Paper 1 β Accounting (100 Marks)
This paper introduces fundamental accounting principles and their application in recording financial transactions and preparing financial statements.
Key Topics:
- Accounting concepts, principles and procedures
- Journal entries, ledgers and trial balance
- Bank reconciliation statements
- Inventory valuation and depreciation
- Bills of exchange and promissory notes
- Preparation of final accounts
- Accounting for not-for-profit organisations
- Partnership and LLP accounts
- Company accounts
βοΈ Paper 2 β Business Laws (100 Marks)
This paper develops an understanding of the legal framework governing business transactions and commercial organisations in India.
Key Topics:
- Indian Regulatory Framework
- Indian Contract Act, 1872
- Sale of Goods Act, 1930
- Indian Partnership Act, 1932
- Limited Liability Partnership Act, 2008
- Companies Act, 2013
- Negotiable Instruments Act, 1881
π Paper 3 β Quantitative Aptitude (100 Marks)
This paper strengthens mathematical, analytical and statistical skills used in business and financial decision-making.
Part A β Business Mathematics (40 Marks)
- Ratio, proportion, indices and logarithms
- Equations and inequalities
- Mathematics of finance
- Permutations and combinations
- Sequences, series and basic calculus
Part B β Logical Reasoning (20 Marks)
- Number series and coding-decoding
- Direction tests
- Seating arrangements
- Blood relations
Part C β Statistics (40 Marks)
- Statistical description of data
- Measures of central tendency and dispersion
- Probability and probability distributions
- Correlation and regression
πΌ Paper 4 β Business Economics (100 Marks)
This paper introduces economic principles and their practical applications in business operations and market decision-making.
Key Topics:
- Nature and scope of business economics
- Demand, supply and elasticity
- Theory of production and cost
- Market structures and price determination
- Business cycles and national income
- Public finance and monetary policy
- International trade
- Indian economy
π Eligibility Criteria
Students can register provisionally for the CA Foundation Course after passing their Class 10 examination.
To appear in the CA Foundation examination, students must:
- Have appeared in Class 12 or an equivalent recognised examination.
- Complete the prescribed minimum four-month registration period before the examination.
- Fulfil ICAI’s applicable registration and examination requirements.
Students from Commerce, Science and Humanities backgrounds are eligible. There is no requirement to have studied Commerce or Mathematics in Class 12.
π Examination Pattern
The CA Foundation examination is conducted three times a year β January, May and September.
| Paper |
Examination Type |
Marks |
Duration |
| Accounting |
Subjective |
100 |
3 Hours |
| Business Laws |
Subjective |
100 |
3 Hours |
| Quantitative Aptitude |
Objective (MCQ) |
100 |
2 Hours |
| Business Economics |
Objective (MCQ) |
100 |
2 Hours |
Important Examination Guidelines:
- Papers 1 and 2 consist of descriptive questions.
- Papers 3 and 4 consist of multiple-choice questions.
- Objective papers carry negative marking of 0.25 mark for every incorrect answer.
- There is no negative marking for unanswered questions.
β
Passing Criteria
To successfully clear the CA Foundation examination, candidates must meet both requirements:
- Minimum 40% marks in each individual paper.
- Minimum 50% aggregate marks across all four papers.
Therefore, a candidate must secure at least 200 out of 400 marks, while scoring not less than 40 marks in any paper.
Both conditions must be satisfied in the same examination attempt.
π Build a Strong Foundation for Your CA Journey
The CA Foundation Course forms the academic base for advanced studies in Chartered Accountancy. It develops essential competencies in financial accounting, legal interpretation, mathematical reasoning, statistical analysis and economic decision-making.
A thorough understanding of these subjects prepares students for the more advanced concepts covered in the CA Intermediate programme.
A strong foundation in accounting, law, quantitative aptitude and economics is the first step towards achieving the Chartered Accountancy qualification.
π» Technical Requirements β Actuators Educational Institute (AEI)
To ensure a smooth and uninterrupted learning experience, students enrolling in courses offered by Actuators Educational Institute (AEI) are required to use devices that meet the minimum technical specifications supported by the AEI Learning Application.
π± Minimum Device & Operating System Requirements
| Device / Platform |
Minimum Technical Requirements |
| Android |
Android 9.0 or above |
| Windows PC / Laptop |
Windows 10 or above |
| iPhone / iPad (iOS) |
iOS 12.0 or above |
| MacBook / iMac (macOS) |
Apple M1 chip or above, with macOS 14 or later |
π Important Information for Students
- Students must ensure that their devices meet the above minimum technical requirements before enrolling in a course.
- A stable internet connection is recommended for accessing online lectures, study materials and other digital learning resources.
- Devices running older or unsupported operating systems may experience compatibility issues or may not support the application.
Note: These are the official minimum technical requirements for accessing courses through the Actuators Educational Institute (AEI) Learning Application. Students are advised to verify device compatibility before completing their course enrolment.