CA Foundation Exams 2024 : Where To Find The Right Study Materials
CA Foundation exam is the first step towards an aspiring student’s journey to the most esteemed professional qualification in India. For those looking for the best commerce institute in Kerala to aid in their preparation, it’s crucial to have enhanced knowledge about the CA course, curriculum, exams, faculties, study resources, and exam preparation books. This blog will guide you through the CA Foundation exam preparations and everything you need to know as a CA aspirant.
What is a CA Course?
The Chartered Accountancy (CA) course is offered by the Institute of Chartered Accountants of India (ICAI) and is widely recognized as one of the top qualifications in accounting and finance. The course is structured into three levels:
- Foundation
- Intermediate
- Final
The CA course subjects are comprehensive, focusing on areas like Accounting, Auditing, Taxation, Financial Management, and Corporate Law. These subjects are designed to equip students with the knowledge and skills needed to excel in the dynamic world of finance. Now, let’s guide you through the steps to becoming a Chartered Accountant.
The Procedure of CA Exams
CA exams are held biannually with a mixture of objective and subjective questions, mainly in May and November. The students shall be able to secure the minimum proficiency at each stage through the mentioned bars to move to each next level and have an aggregate of 50% overall. Such strict ways of evaluation speak volumes of the consistency needed in performance in the meritocratic tradition of the profession.
CA Foundation Exam
The Foundation level is the first step to the distinguished CA career, read through to understand in detail about CA foundation exams:
- Registration Mode: Online
- Frequency: May & November
- Mode of Exam: Offline
- Time Duration: 3 hours per paper
- Total Number of Papers: 4
- Negative Marking: Only in the fourth subject with 1/4th marks deduction for wrong answers
- Eligibility: After appearing for class 12th, post-clearance of class 12th, or after graduation
- Official Website: icai.org
- Difficulty Level: Moderate
Subjects and Marks Distribution:
Paper 1 | Accounting (100 Marks) |
Paper 2 | Business Laws (100 Marks) |
Paper 3 | Quantitative Aptitude (100 Marks) |
Paper 4 | Business Economics (100 Marks) |
Passing Criteria: Minimum 40% marks in each subject and 50% in aggregate. | |
CA Foundation Exam Preparation Strategies
The key to success in CA exams lies in effective preparation. It’s important to start early, create a realistic study plan, and focus on understanding the concepts rather than just memorizing facts. Practicing with previous exam papers and mock tests is essential, as it helps you get familiar with the exam pattern and builds confidence to handle the challenges during the actual exam.
Here are some exam preparation strategies for the CA Foundation exam:
- Start Early: Begin your preparation well in advance to give yourself enough time to cover all subjects thoroughly.
- Create a Study Plan: Design a study schedule that allows you to allocate sufficient time to each subject, ensuring you cover the entire syllabus.
- Focus on Concepts: Prioritize understanding the concepts rather than just memorizing them. This will help you tackle any type of question during the exam.
- Practice Regularly: Solve previous years’ question papers and take mock tests to familiarize yourself with the exam pattern and improve your speed and accuracy.
- Revise Often: Regular revision is crucial to retaining what you’ve studied and to reinforce your understanding of key concepts.
- Stay Positive and Confident: Maintain a positive attitude and believe in your preparation. Confidence plays a significant role in exam success.
These strategies will help you approach the CA Foundation exam with confidence and a strong foundation in the subjects.
CA Foundation Exam: Study Materials
You should prepare for CA foundation exams consistently and comprehensively so as to attain success results. The new CA syllabus, which was recently published by the ICAI, highlights the necessity of careful book selection for complete exam preparation. Thus, the aspirants need to choose the best book that will help them to clear the exam successfully.
Books For CA Foundation Exams 2024
The Institute of Chartered Accountants of India (ICAI) has released the CA Foundation syllabus for the June 2024 exam. This is an important update for students aiming to become chartered accountants, as the exam is a significant step in their journey toward this esteemed profession. Choosing the right study materials is essential for doing well in the exam.
To assist students in making the best decisions, we’ve put together a guide that recommends the top books for the CA Foundation 2024 exam. It’s important for students to select resources that not only help them grasp the syllabus but also set them on the path to success.
Best Books for CA Foundation Exam Preparation | |
CA Foundation Subjects | CA Foundation Best Books 2024 |
Paper 1- Principles and Practice of Accounting Paper 2- Business Laws and Business Correspondence and Reporting | CA Foundation Scanner Cum Compiler Volume 1 By:
|
Paper 3 – Business Mathematics, Logical Reasoning and Statistics: Padhukas Paper 4 – Business Economics, Business and Commercial Knowledge | CA Foundation Scanner Cum Compiler Volume 2 By: Dr S.K. Agrawal CA Manmeet Kaur |
Mercantile Law | M.C.Kuchhal and Vivek Kucchal |
Fundamentals of Accounting for CA | P.C Tulsian and Bharat Tulsian |
Quantitative Aptitude | P.N Arora Dr T.Padma and K.C.P Rao |
Quantitative Aptitude Mathematics With Short Tricks | CA Rajesh Jogani |
CPT Grewals Accountancy | M.P Gupta & B.M Aggarwal |
S Chand Mercantile Laws for CA CPT | P P S GOGNA |
General Economics | PM Salwan & Pranjal B Deshpande |
General Economics | S.K.Agarwal |
Quantitative Aptitude for CPT: Mathematics and Statistics | Tulsian P. C. and Jhujhunwala Bharat |
Elements of Mercantile Law | N.D. Kapoor |
CA Foundation Business Laws | Dr V.K. Jain CA Shashank S. Sharma |
How to Get Books for CA Foundation Exam Preparation
Here’s a simple guide for candidates looking to download CA Foundation books for the June 2024 exam:
- Visit the ICAI Website: Start by going to the official website at icai.org.
- Log In: If you’re already registered, click on the “Sign In” button at the top right corner. Enter your SRN/Mobile number and date of birth to log in. If you’re not registered yet, click “Sign-Up” first, then proceed to “Start Shopping.”
- Access the Student Course Kit: After logging in, you’ll be redirected to a page with the “Student Course Kit” option.
- Click on Order Now: Select this option to continue.
- Use the Category Filter: On the new page, you’ll see a “Category Filter” box at the top left corner.
- Select Study Material: Choose the “Study Material Against Registration (New Course)” option if you’re already registered.
- Choose Your Language and Level: In the Category filter list, select “Foundation” and then pick either English or Hindi.
- Select Your Books: A list of available books will appear. Choose the ones you need and add them to your cart.
- Place Your Order: If you’re registered, you can go ahead and place your order. If not, you’ll need to complete the payment process first.
- Track Your Order: Delivery usually takes about 12 working days. You can track your order using the AWB number provided.
This guide will help you easily download the CA Foundation books you need for the June 2024 exam.
Best CA Online Learning Platform: Logic School of Management
When it comes to preparing for the CA Foundation exam, choosing the right online learning platform is crucial. Logic School of Management stands out as one of the best choices for aspiring Chartered Accountants. With its comprehensive courses, expert faculty, and flexible learning options, it offers everything you need to succeed in the CA Foundation exam.
Why Online Learning Platforms Are Essential for CA Foundation Exam Preparation
- Flexibility: Online platforms allow you to study at your own pace, fitting your preparation around your schedule. This is especially important for CA Foundation, where managing time effectively is key.
- Access to Expert Faculty: Platforms like Logic School of Management provide access to experienced instructors who can guide you through complex topics with ease.
- Comprehensive Resources: Online platforms offer a wealth of resources, including video lectures, study materials, and practice tests, all of which are tailored to help you grasp the CA Foundation syllabus thoroughly.
- Interactive Learning: Many online platforms include interactive features like live classes, doubt-clearing sessions, and peer discussions, which enhance your understanding and keep you engaged.
- Up-to-Date Content: The CA curriculum evolves, and online platforms ensure that you have access to the latest study materials and exam strategies.
- Cost-Effective: Online learning often proves to be more affordable than traditional coaching, making quality education accessible to a broader range of students.
By choosing a reputable platform like Logic School of Management, you’re setting yourself up for success in the CA Foundation exam, benefiting from the convenience and quality of online learning.
Conclusion
Success in CA exams demands a well-rounded strategy that blends official CA study materials, additional resources, and effective study methods. By utilizing these top CA exam preparation tools, you can make your study process more efficient and approach the exams confidently. Keep in mind that a balanced study plan is essential to mastering the CA exams and reaching your goal of becoming a Chartered Accountant.