CA Foundation Syllabus May 2020 – Changes in Subjects, Topics & Latest Amendments


Students who are looking for CA Foundation Syllabus can get here the Foundation course syllabus for May 2020 exams. The ICAI has announced the new syllabus in 2018 and the board also renamed the CPT exam into the CA Foundation exam. The syllabus issued by the Institute of Chartered Accountants of India will be very useful for the CA aspirants for preparing for the CA Foundation May 2020 exams.

The syllabus issued by ICAI after 2018 is the new syllabus and many changes have been made for the old syllabus. Understanding the CA Foundation exam pattern, checking the syllabus May 2020 may be a very important step for candidates who want to crack the CA Foundation exam. The ICAI released the latest syllabus for CA Foundation May 2020 by making some changes in subjects, topics & latest amendments. In this article, we are providing CA Foundation Syllabus for May 2020 exams.

In India, CA is one of the best and highest-paid profession. In order to become a Chartered Accountant, one should clear 3 stages of CA exam, i.e., CA Foundation, IPCC and Final. CA Foundation is the first level and toughest exam to crack. The ICAI is the exam conducting board for the Chartered Accountancy course. The ICAI allows the students to attend the exam for a certain number of attempts after registering for the course. The ICAI conducts the CA Foundation exam twice a year in months of December and May.

CA Foundation Syllabus May 2020

ICAI’s CA foundation course consists of 4 papers. The exam conducting board Institute of Chartered Accountancy of India has released the syllabus in 2018 and the students who have applied for the CA course after 2017 should follow the new syllabus. The officials have not made any changes for the syllabus and subjects of the CA Foundation May 2020 exams. There are 4 papers for CA Foundation and each paper is conducted for 100 marks.

New Subjects For CA Foundation May 2020

Papers in CA Foundation May 2020 course are as follows:

Paper 1: Principles And Practice Of Accounting (100 Marks)

Paper 2: Business Laws And Business Correspondence (100 Marks)

  1. Part A: Business Laws (60 Marks)
  2. Part B: Business Correspondence And Reporting (40 Marks)

Paper 3: Business Mathematics, Logical Reasoning, and Statistics (100 Marks)

  1. Part A: Business Mathematics (40 marks)
  2. Part B: Logical Reasoning (20 Marks)
  3. Part C: Statistics (40 Marks)

Paper 4: Business Economics And Business & Commercial Knowledge (100 Marks)

  1. Part A: Business Economics (60 Marks)
  2. Part B: Business and Commercial Knowledge (40 Marks)

Each paper is conducted for 100 marks. Paper 1 and Paper 2 are of descriptive type questions and Paper 3 and Paper 4 are of objective type question. Students who are going to attend CA Foundation May 2020 exam should follow these subjects.

Download CA Foundation Syllabus In PDF

The syllabus issued by ICAI helps the students a lot in the preparation for the CA Foundation May 2020 exams. The ICAI board releases the syllabus on its official website. The board will release the syllabus for all papers of the CA Foundation exam in PDF file. The students can view and download the syllabus for CA Foundation May 2020 session exams.

Link To Download CA Foundation May 2020 Syllabus – Click Here

Click on the above link to view and download CA Foundation May 2020 syllabus. The syllabus is provided in PDF file. The syllabus for each paper is mentioned in detail for all parts of the 4 papers of the CA Foundation course. By viewing the syllabus one can easily know the topics present in each paper.

CA Foundation Syllabus May 2020 For All Papers

Now here we are providing the detailed syllabus for all papers for the CA Foundation course. Let’s check the syllabus and prepare well for your CA Foundation exam.

Paper Syllabus
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
  • Financial Statements of Not-for-Profit Organisations
  • Introduction to Company Accounts
  • Basic Accounting Ratios (profitability, solvency, liquidity and turnover)
2. Business Laws & Business Correspondence and Reporting Section A:

  • Business Laws
  • The Indian Contract Act, 1872
  • The Sale of Goods Act, 1930
  • The Indian Partnership Act, 1932
  • The Limited Liability Partnership Act, 2008
  • The Companies Act, 2013

Section B:

  • Business Correspondence and Reporting
  • Communication
  • Sentence Types
  • Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal Verbs, Collocations & Idioms
  • Comprehension Passages
  • Note Making
  • Introduction to basic writing
  • Precis Writing
  • Article Writing
  • Report Writing
  • Writing Formal Letters
  • Writing Formal Emails
  • Resume Writing
  • Meetings
3. Business Mathematics and Logical Reasoning & Statistics Part A:

  • Business Mathematics
  • Ratio and proportion, Indices, Logarithms
  • Equations and Matrices
  • Linear Inequalities with Objective Functions and Optimizations
  • Time value of Money
  • Permutations and Combinations
  • Sequence and Series
  • Sets, Functions and Relations
  • Basic concepts of Differential and Integral Calculus

Part B:

  • Logical Reasoning
  • Number Series
  • Direction Tests
  • Setting Arrangements
  • Blood Relations
  • Syllogism

Part C:

  • Statistics
  • Statistical Description of Data
  • Measures of Central Tendency and Dispersion
  • Probability
  • Theoretical Distributions
  • Correlation and Regression
  • Index Numbers and Time Series
4. Business Economics and Business and Commercial Knowledge Part I:

  • Business Economics
  • Introduction to Business Economics
  • Theory of Demand and Supply
  • Theory of Production and Cost
  • Price Determination in Different Markets
  • Business Cycles

Part II:

  • Business and Commercial Knowledge
  • Business and Commercial Knowledge: An Introduction
  • Business Environment
  • Business Organizations Government Policies for Business Growth
  • Organizations Facilitating Business
  • Common Business Terminologies

Follow the syllabus provided here to prepare well for your CA Foundation exams and to score the best marks in CA Foundation May 2020 exams.

Here in this article, we have shared the CA Foundation May 2020 Syllabus PDF and also mentioned the details syllabus for each paper of the CA Foundation course. If you like this post, please share it with your friends who want to join the CA course. If you have any queries regarding this post, ask in the comment box and we will reply asap.