How to clear

CA Foundation
June 2024?
 DISCLAIMER
 The ABC Analysis of all papers is solely based on yester years’ Question papers. It should only be used as an
indicative guide. This analysis may or may not hold good for future examinations.

 For Papers 3 & 4, the analysis (which is near to accurate) is based only on the feedback received from the
students (as per the memory of the students) as the question paper is not released officially by ICAI.
 How to clear CA
Foundation?

Positive Mental
What to Study? How to Study? When to Study?
Attitude
 WHAT TO STUDY?

RTP + ICAI Mock

Sr. JKSC ICAI
SUBJECT Test Papers + ICAI
No. Notes Module
Past Exam Papers
1 Accounting   

2 Business Laws   

3 Business Mathematics*   

4 Logical Reasoning*   

5 Statistics*   

6 Business Economics*   

*ICAI does not release RTP for these papers. Students are advised to solve the Mock Test papers thoroughly.
HOW TO STUDY?

ABC Analysis
of all papers
 PAPER 1

ACCOUNTING
 PREP STRATEGY
 Solve all Practical Questions. Writing practice is necessary.

 Refer ICAI Module, specially for theory questions which are

given in the exercise.

 Focus on conceptual clarity of each topic.

 In every attempt,1 mark question is asked on capital/revenue
expenditure & receipts for sure.
 Important units from theory point of view from Theoretical
Framework chapter:
• Accounting Concepts, Principles And Conventions
• Capital and Revenue Expenditure and Receipts
• Contingent Assets and Contingent Liabilities

Note : As few topics are not applicable w.e.f June’24 exam, they have not been considered
for analysis and the totals might not add up to 100.
 PAPER 1 : ACCOUNTING (100 marks)

Nov
May Nov May Nov Nov July May Nov May Dec
Grade Chapter Name (Dec)
18 18 19 19 20 21 22 22 23 23
21
Nov/Dec 20 Jan/Feb 21
Accounting Process – Part II – Rectification of 16 10 6 10 7 10 10 5 - 12 7 -
errors
Bank Reconciliation Statement 10 10 10 10 10 4 5 10 5 10 5 8
Final accounts of sole traders + 20 7 10 20 15 5 15 15 20 10 - 15
Manufacturing account
Company Accounts – shares 12 10 10 15 10 17
A Financial statement of non- profit
- 12 10 10 10 20
17 15 15 15 15 15

10 10 10 12 15 12
organisation
Dissolution of Partnership Firms & LLPs* Approx 10 marks

Piecemeal Distribution* Approx 10 marks

TOTAL 58 49 46 65 52 56 57 55 50 59 42 50
 PAPER 1 : ACCOUNTING (100 marks)

Nov
May Nov May Nov Nov July May Nov May Dec
Grade Chapter Name (Dec)
18 18 19 19 20 21 22 22 23 23
21
Nov/Dec 20 Jan/Feb 21

Theoretical Framework 7 6 6 6 8 8 4 4 9 10 6 5
Depreciation - 6 10 4 5 10 4 5 10 9 10 5
Partnership - Death - - 10 10 - 10 12 - - - 20 -
Bills of exchange - - 7 2 10 - - 10 - 15 5 10
Accounting Process - Part I - Journal,
ledger, Trial Balance, Subsidiary - - - 2 4 2 12 10 4 5 9 5
books
B Company Accounts – Bonus and
Rights Issue
Approx 5 marks

Company Accounts - Redemption

Approx 10 marks
of Pref Shares
Company Accounts – Redemption
Approx 5 marks
of Debentures
TOTAL 7 12 33 24 27 30 32 29 23 39 50 25
 PAPER 1 : ACCOUNTING (100 marks)
Jul Nov
May Nov May Nov Nov May Nov May Dec
Grade Chapter Name y (Dec
18 18 19 19 20 22 22 23 23
21 ) 21
(Nov/Dec 20) (Jan/Feb 21)

Inventories - - 5 7 10 5 7 4 5 2 2 4
Partnership - Introduction 2 - 2 2 - 5 - 5 - - 5 5
Partnership – Retirement 10 - - - 10 - 5 - 10 - - 10
Company Accounts - debentures - 5 5 - 5 - - - - - 3 -
c Partnership – Admission - 15 - - 2 - 10 - 10 - -
Company Accounts – Introduction - - - 2 2 - 2 - - - 1 -
Partnership - Goodwill valuation - - - - - - - - 5 5 - -
TOTAL 12 20 12 11 29 10 14 19 20 17 11 19
 PAPER 2

BUSINESS LAWS
 PREP STRATEGY
 Study Theory & Questions only from JKSC notes as ICAI
Module, Past RTP and MTP have been incorporated in
JKSC notes.
 Theory Questions: Answer in point form.
Practical Questions: Answer in 3 paragraphs.
 Write legal terms, Latin terms and relevant
case laws wherever required.
 Writing practice of answers is a must to score your best
marks in this subject.
 PAPER 2 : BUSINESS LAWS (100 marks)

Nov
May Nov May Nov Nov July May Nov May Dec
Grade Chapter Name (Dec)
18 18 19 19 20 21 22 22 23 23
21
Cycle 1
Cycle 2
(Nov/Dec
(Jan/Feb 21)
20)
Indian Contract Act, 1872 24 22 22 22 22 22 22 22 22 22 22 22
Indian Partnership Act,1972 16 18 18 18 18 18 16 16 16 16 16 16

A Sale of Goods Act, 1930 16 16 16 16 16 16 16 16 16 16 16 16

Companies Act, 2013 13 13 13 13 13 13 13 13 13 13 13 13
Negotiable Instruments Act, 1881* Approx 10 to 15 marks
TOTAL 69 69 69 69 69 69 67 67 67 67 67 67
Limited Liability Partnership Act,
B 2008
5 5 5 5 5 5 5 5 5 5 5 5

Indian Regulatory Framework* Approx 5 marks

TOTAL 5 5 5 5 5 5 5 5 5 5 5 5
 PAPER 3A

BUSINESS
MATHEMATICS
HOW TO APPROACH THIS PAPER?

1. Logical Reasoning
2. Statistics
3. Business Mathematics
 PAPER 3A : BUSINESS MATHEMATICS (40 marks)

Nov
May Nov May Nov Nov July May Nov May Dec
Grade Chapter Name (Dec)
18 18 19 19 20 21 22 22 23 23
21
Cycle 1 Cycle 2
(Nov/Dec (Jan/Feb
20) 21)
Time Value of Money 6 14 10 14 14 14 14 11 14 14 14 14
Ratio, Proportion, Indices & log 5 4 5 6 6 5 5 8 6 4 4 3

A Sets, Relations and Function 3 3 5 3 3 2 4 3 3 4 6 4

Permutations and Combinations 2 4 4 4 4 7 4 4 7 4 4 3
TOTAL 16 25 24 27 27 28 27 26 30 26 28 24
 PAPER 3A : BUSINESS MATHEMATICS (40 marks)

Nov
May Nov May Nov Nov July May Nov May Dec
Grade Chapter Name (Dec
18 18 19 19 20 21 22 22 23 23
) 21
Cycle 1 Cycle 2
(Nov/Dec (Jan/Feb
20) 21)
Equation and Matrices 11 5 4 3 6 6 5 4 4 5 4 4
Sequences and Series 4 4 4 4 4 3 3 4 4 3 3 6
Inequalities 1 1 3 1 - 1 1 2 - 1 2 2
B Differential and Integral
4 4 5 5 2 2 4 4 3 5 4 4
Calculus
TOTAL 20 14 16 13 12 12 13 14 11 14 13 16
 PAPER 3B

LOGICAL
REASONING
 PREP STRATEGY

 Students are advised to attempt Logical reasoning at the

beginning of the exam.

 As JKSC notes comprehensively cover the ICAI Module,

you are advised to solve all the questions from JKSC
notes (Classwork & Homework both).

 Apart from JKSC notes , for extra practice

students are advised to solve questions
from the scanner.
 PAPER 3B : LOGICAL REASONING (20 marks)
Nov
May Nov May Nov Nov July May Nov May Dec
Grade Chapter Name (Dec)
18 18 19 19 20 21 22 22 23 23
21
Cycle 1
Cycle 2
(Nov/Dec
(Jan/Feb 21)
20)
Number Series, Coding and Decoding 3 5 4 5 4 5 5 5 5 6 5 5
Direction Test 6 5 4 6 5 3 4 5 5 4 5 4

A Seating Arrangement 5 3 4 2 2 4 4 5 4 3 3 5
Blood Relations 5 4 4 4 6 4 4 5 5 7 7 7
TOTAL 19 17 16 17 17 16 17 20 20 20 20 21
 PAPER 3C

STATISTICS
 PREP STRATEGY

 Solve questions from Set A and Set B from the ICAI

module and if time permits refer additional question
bank for Theory questions.

 Apart from JKSC notes , for extra practice students

are advised to solve questions from the scanner.
 PAPER 3C : STATISTICS (40 marks)
Nov
May Nov May Nov Nov July May Nov May Dec
Grade Chapter Name (Dec)
18 18 19 19 20 21 22 22 23 23
21
Cycle 1
Cycle 2
(Nov/Dec
(Jan/Feb 21)
20)
Measure of Central Tendency and
7 12 13 15 12 9 11 11 11 14 14 12
Dispersion
Statistical Description of Data 2 6 5 4 7 10 8 7 7 4 5 6
A Index Number and Time Series 7 5 10 6 7 5 5 5 5 5 6 5
TOTAL 16 23 28 25 26 24 24 23 23 23 25 23
Correlation and Regression 8 5 5 3 3 5 5 4 5 5 4 5
Probability and Random Variable 7 6 5 3 3 6 7 8 6 8 7 7
B Theoretical Distribution 6 5 4 7 7 4 4 5 5 4 4 5
Total 21 16 14 13 13 15 16 17 16 17 15 17
 PAPER 4

BUSINESS
ECONOMICS

*ABC Analysis for Nov(Dec)’21 is not available.

 PREP STRATEGY
 Create a synopsis for each topic and review your
assignments and class notes .

 Before you start any new topic, you are advised to

revise the old topics for at least 10 minutes.

 Refer past exam question papers to get yourself

acquainted with the pattern of questions.

 Avoid mugging up the topics. Try to ask yourself

broad open-ended questions about the material
covered.
 PAPER 4 : BUSINESS ECONOMICS (100 marks)
Nov
May Nov May Nov Nov July May Nov May Dec
Grade Chapter Name (Dec)
18 18 19 19 20 21 22 22 23 23
21
Nov/Dec 20 Jan/Feb 21

Theory of Demand and Supply 14 17 15 12 12 13 16 - 18 15 18 16

Nature & Scope of Economics 7 9 8 9 10 11 11 - 12 10 11 11

Theory of Production & Cost 18 10 15 9 10 11 7 - 5 9 11 12

Business Cycle 8 9 10 12 11 10 11 - 10 11 10 12

A Meaning & Types of Market 13 15 12 18 17 15 15 - 15 15 10 9

National Income* Approx 15 marks

Public Finance* Approx 10 marks
International Trade* Approx 10 marks
TOTAL 60 60 60 60 60 60 60 - 60 60 60 60
 PAPER 4 : BUSINESS ECONOMICS (100 marks)

Grade New Chapters Added in CAFC Syllabus Approx Weightage

B Money Market 8 to 10 Marks

C Indian Economy 5 Marks