CA Foundation 2020 Free Mock Test, Online Test Series
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Free Mock Test CA Foundation 2020
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CA Foundation Exam 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 OrganizationsGovernment Policies for Business Growth, Organizations Facilitating Business, Common Business Terminologies.
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CA Foundation 2020 frequently Ask Questions
1. When can I register for CA Foundation 2020?
Application Form for Registration to Foundation Course
Therefore, the last date for CA Foundation registration is: 30th June, 2020 for appearing in Nov 2020 Examination; and. 31st December, 2020 for appearing in May 2021 Examination
2. What is the date of CA Foundation exam 2020?
Candidates who have passed 10+2 can apply for CA Foundation. It is entry levelexam for those who are interested in the chartered accountancy course in India. Theexam is scheduled to be conducted on May 11, 13, 15, and 17, 2020.
3. Is there any exemption in CA Foundation?
CA Foundation Eligibility Criteria 2020 - Exemption
ICAI has provided exemption from CA Foundation course to a specific category of students as provided below. Such candidates need not register and appear for CA Foundation level and can apply for Chartered Accountancy course through direct entry in CA Intermediate.
4. Can I do CA without maths in 12th?
You can apply for the exam without Maths. Mathematics is not mandatory for CA-CPT. Even students from science and humanities stream can appear for CA-CPT. But you have to be familiar with basic maths as there is a subject Quantitative Aptitude (Business Mathematics and statistics)
5. Which stream is best for CA?
I would prefer you to take Commercial Maths (Commerce + Maths) stream as it would make your base strong. In the foundation exam of CA - Accountancy, Economics,Maths and Law are the main subs and if you have a good base, passing foundation will be pretty easy for you
6. Is CA tough for an average student?
Yes, an average student can surely study CA, Not only an average a below average student can also pursue CA. Tough and easy are all mind games if you can control your mind then for you my friend nothing is tough in this whole world
7. Can a biology student do CA?
First , a biology student can join commerce and how hard is this ? Answer— yes a science student can join commerce or CA ,it did not depend you have PCM or PCB . You have only focus that you have a good understanding in Economics and Accountancy of class 11th and 12th.
8. Is there any age limit for CA?
However, there is no upper age limit for taking admission in Chartered Accountancy course or clearing it. If you are academically qualified for it, you can become a CA atany age. *10 attempts to clear the CA Finals (initial registration is valid for five years, after which you can re-validate it for five more years).
9. What is a CA salary?
7.36 lakh
Chartered accountants (CAs) were offered an average salary of around Rs 7.36 lakh a year in the latest campus placement programme conducted by the Institute of Chartered Accountants of India (ICAI), with the highest pay reaching Rs 24.64 lakh
9. Can I complete CA in 2 years?
CA Foundation exams are conducted within 2 months after 12th exams. ... He canwrite CA Final after 2.5 years of articleship. Therefore, time taken to complete the course after 12th is 2 months (Foundation) + 9 months (Intermediate) + 3 Years(Articleship and CA Final) = 4 Years Approx
10. Which degree is best for CA?
Bcom, Mcom - Bcom,in my opinion is a must while doing CA.
Most Bcom colleges do not demand attendance and hence are ideal while pursuing articleship. Mcom can be done in case you wish to go for an abroad MBA, to fulfil the 16 years of education criteria