ICAI CA Foundation Study Material with CA Books PDF Download

Hafsha Qureshi

Every year The Institute of Chartered Accountants of India (ICAI) releases the study material for the CA Foundation exam. This study material is extremely useful for the students who are preparing for their exam preparation.

The CA Foundation course contains four papers: Principles and Practice of Accounting, Business Laws and Business Correspondence and Reporting, Business Mathematics and Logical Reasoning & Statistics, and Business Economics and Business and Commercial Knowledge. Go through this article tp attain a better understanding about the exam.

Table of Contents

Paper wise Study Material for CA Foundation

The Paper wise syllabus for CA Foundation is given as follows. Candidates can access the topic wise ICAI study material for Foundation along with CA Foundation maths solution PDF. Candidates can also download the ICAI books PDF for reference.

Paper-1: Principles and Practice of Accounting

The study material related to Paper 1 is given in the following table. Candidates are advised tp click on the links and access the PDFs.

Chapters Units Links
Chapter 1: Theoretical Framework Unit 1: Meaning and Scope of Accounting Click Here
Unit 2: Accounting Concepts, Principles And Conventions Click Here
Unit 3: Accounting Terminology – Glossary Click Here
Unit 4: Capital And Revenue Expenditures and Receipts Click Here
Unit 5: Contingent Assets and Contingent Liabilities Click Here
Unit 6: Accounting Policies Click Here
Unit 7: Accounting as a Measurement Discipline Click Here
Unit 8: Accounting Standards Click Here
Unit 9: Indian Accounting Standards Click Here
Chapter 2: Accounting Process Unit 1: Basic Accounting Procedures Click Here
Unit 2: Ledgers Click Here
Unit 3: Trial Balance Click Here
Unit 4: Subsidiary Books Click Here
Unit 5: Cash Book Click Here
Unit 6: Rectification of Errors Click Here
Chapter 3: Bank Reconciliation Statement Click Here
Chapter 4: Inventories Click Here
Chapter 5: Concept and Accounting of Depreciation Click Here
Chapter 6: Accounting for Special Transactions Unit 1: Bill Of Exchange and Promissory Notes Click Here
Unit 2: Sale of Goods on Approval or Return Basis Click Here
Unit 3: Consignment Click Here
Unit 4: Average Due Date Click Here
Unit 5: Account Current Click Here
Chapter 7: Preparation of Final Accounts of Sole Proprietors Unit 1: Final Accounts of Non-Manufacturing Entities Click Here
Unit 2: Final Accounts of Manufacturing Entities Click Here
Chapter 8: Partnership Accounts Unit 1: Introduction to Partnership Accounts Click Here
Unit 2: Treatment of Goodwill in Partnership Accounts Click Here
Unit 3: Admission of a New Partner Click Here
Unit 4: Retirement of a Partner Click Here
Unit 5: Death of a Partner Click Here
Chapter 9: Financial Statements of Not-for-Profit Organizations Click Here
Chapter 10: Company Accounts Unit 1: Introduction to Company Accounts Click Here
Unit 2: Issue, Forfeiture and Re-Issue of Shares Click Here
Unit 3: Issue of Debentures Click Here

Paper-2: Business Laws and Business Correspondence and Reporting

The study material for Paper 2 is given in the following table. Further, it divided into two sections, Business Law and Business Correspondence and Reporting.

Chapter 1: The Indian Contract Act, 1872

Paper-3: Business Mathematics and Logical Reasoning & Statistics

The study material for Paper 3 is given in the following table. Candidates must refer to the following and learn the CA Foundation maths solution.

Chapter 8: Basic Concepts of Differential and Integral Calculus Chapter 19: Index Number and Time Series

Paper-4: Business Economics and Business and Commercial Knowledge

The study material for Paper 4 is given in the following table. Candidates are suggested to go through both the parts to achieve good marks.

Chapter 1: Nature & Scope of Business Economics Chapter 2: Theory of Demand and Supply Chapter 4: Meaning and Types of Markets

Importance of CA Foundation Study Material

For every candidate attempting the CA Foundation exam, it is advised to prepare and refer to the ICAI CA Foundation Study Material. The study material prepared by ICAI acts as a guide for exam preparation. If you can prepare for the topics given in the CA study material and are able to solve this paper, you will definitely be able to secure good marks in the final exam.

The reason that the ICAI study material acts as a guide is because it has all the different topics of the exam covered in detail. Practice all the topics thoroughly. You may also want to practice the questions more than once in case you are doubtful. Also, solve the exercises and problems given in the study material. This way your preparation will be thorough for the exam.

How to Download CA Foundation Study Material?

The ICAI study material are available online. Follow the simple steps to download the ICAI foundation study material:

Previous Years Question Papers and Mock Question Papers of CA Foundation

Be it any examination, it is always advised that students go through the mock tests and previous year's question papers. It acts as a guiding angel for the preparation and offers a great source of understanding of the question pattern.

Question Papers For Principles and Practice of Accounting

Candidates may download and refer to the previous year’s question papers from the links below.

Question Papers For Principles and Practice of Accounting
January 2021 Click Here
November 2020 Click Here
November 2019 Click Here
May 2019 Click Here
November 2018 Click Here
May 2018 Click Here

Question Papers For Business Laws and Business Correspondence and Reporting

Candidates may download and refer to the previous year’s question papers from the links below.

Question Papers For Business Laws and Business Correspondence and Reporting
January 2021 Click Here
November 2020 Click Here
November 2019 Click Here
May 2019 Click Here
November 2018 Click Here
May 2018 Click Here

Mock Test Papers with Answers for CA Foundation

CA Foundation mock test papers give us an idea about the paper pattern, types of questions and difficulty level of questions, the ratio of difficult to easy questions and marks per question. Understanding all this is essential before giving any exam. Candidates can download the ICAI Mock Test Papers from the table below.

Mock Test Papers with Answers for CA Foundation
Principles and Practice of Accounting Questions Click Here
Answers Click Here
Business Laws and Business Correspondence and Reporting Questions Click Here
Answers Click Here
Business Mathematics and Logical Reasoning & Statistics Questions Click Here
Answers Click Here
Business Economics and Business and Commercial Knowledge Questions Click Here
Answers Click Here

Preparation Tips for CA Foundation

Some essential tips for you to achieve success in your CA Foundation exam have been mentioned below for your reference. By following the tips you will surely achieve success in the exam.

Understand the Syllabus

Before starting your preparation go through the latest syllabus carefully. Knowing the syllabus is even essential for planning your preparation.

Plan Your preparation

After having gone through the syllabus, make a systematic study plan. This will be useful for you to make good use of your preparation time. Allocate time for the different topics. Also, when the examination dates are close you also want to have sufficient time for revision, make sure to plan accordingly.

Solve Previous years papers

Go through and solve the previous year’s question papers. This will help you know the types of questions that have been asked and also anticipate questions that may come for the exam in the future.

Prepare Notes

Notes prepared by yourself will be very useful for revision when the exam dates are close. Also when you prepare notes yourself it is easier for you to prepare from them Therefore this is an Important practice you should follow from day one of your preparation.

Study in a Group

The practice of studying in groups can be very beneficial. You can study with like-minded people, solve question papers together and clear your doubts amongst yourself.

Best Books for CA Foundation Preparation

Apart from the ICAI study material for CA Foundation given above, students can also refer to the other books that are available for the CA foundation. ICAI books are mentioned in the table below:

Best Books for CA Foundation Preparation
Topic Title of Book Author
Principles And Practice Of Accounting Fundamentals of Accounting D.G Sharma
Fundamentals of Accounting for CA P.C Tulsian and Bharat Tulsian
CPT Grewal’s Accountancy M.P Gupta & B.M Aggarwal
Padhuka Basics of Accounting for CA CPT G. Sekar & B Saravana Prasath
General Economics S.K.Agarwal
Mercantile Law Mercantile Laws for CA CPT P C Tulsian
Mercantile Law M.C.Kucchal and Vivek Kucchal
S Chand Mercantile Laws for CA CPT P.P.S. Gogna
Quantitative Aptitude Quantitative Aptitude Dr. T.Padma and K.C.P Rao
Quantitative Aptitude Mathematics With Short Tricks CA Rajesh Jogani
Quantitative Aptitude P. N. Arora
Other books for reference Question Bank with Model Test Papers for CA – Common Proficiency Test (CPT) – Accounting, Mercantile Laws, General Economics & Quantitative Aptitude R C Bhatt
General Economics P M Salwan & Pranjal B Deshpande
Taxmann’s Business and Commercial Knowledge Dr C. B. Gupta