CA Foundation Exam Pattern For May 2022 – Weightage, Marking Scheme
This article will update you about the CA Foundation exam pattern 2022 for the ICAI\’s May Exams 2022.
Understanding the paper pattern and marking structure of the ICAI students may obtain excellent marks in the CA Foundation exam with a bit of knowledge of CA foundation papers weightage.
On its official website, icai.org, the Institute of Chartered Accountants of India (ICAI) outlines the CA Foundation 2022 exam pattern.
The exam pattern reveals the kind and amount of questions that will be asked, as well as the topics that will be covered, topic-by-topic weighting, marking system, and length of the national exam.
Let’s explore each and everything about the CA Foundation exam May 2022 according to the latest ICAI guidelines: Overview, weightage, marking scheme, and many more.
CA Foundation Exam Pattern 2022: Overview
Candidates who want to get a competitive advantage in exam preparation should be familiar with the CA Foundation examination format.
It also enables applicants to plan their time effectively and finish all sections of the CA Foundation exam 2022.
| Particulars | Details Of CA Foundation Exam |
| Exam | CA Foundation |
| Conducting body | The Institute Of Chartered Accountants of India (ICAI) |
| Mode of exam | Online centre based |
| Exam Frequency | TWICE in a year
|
| Level of exam | National level |
| Level of difficulty | Easy to Moderate |
| Number of Papers | The CA Foundation exam includes FOUR papers:
|
| Duration of the question papers |
|
| Paper’s Question Type |
|
| Marks | Each paper will be of 100 marks. |
| Total marks | 400 |
| Marking scheme | For subjective (Paper 1 and 2) – NO negative marking
For objective papers (Paper 3 and 4) – ¼ mark will be deducted for every wrong answer |
| Medium of exam | English/Hindi except for Paper 2 (section b which will be in English only) |
| Eligibility | Class 12 Passed or Appearing for Class 12 in Current Year |
| Exemptions | Candidates with Equivalent Qualification or
Graduates and Post Graduates |
| Official Website | icai.org |
CA Foundation Exam Syllabus 2022:
- Candidates must be familiar with the topics and subtopics covered by the CA Foundation 2022 curriculum in addition to the exam pattern.
- The curriculum covers every subject and subtopic that will be covered in the CA Foundation 2022 exam paper.
The CA Foundation curriculum is available on the ICAI\’s official website.
CA Foundation Exam Pattern 2022 (Topic-wise weightage):
Whether it\’s CA Foundation Accounts Paper Pattern Weightage or CA Foundation Law Question Paper Pattern Weightage, each CA Foundation paper has a different weightage to consider.
The CA Foundation question paper pattern and the marks distribution may be seen in the table below:
| CA Foundation Papers | Subjects | Marks Distribution |
| Paper 1 | Principles And Practice Of Accounting | (100 Marks) |
| Paper 2 | Business Laws And Business Correspondence
Section A: Business Laws Section B: Business Correspondence And Reporting |
(60 Marks)
(40 Marks) |
| Paper 3 | Business Mathematics, Logical Reasoning,
And Statistics Section A: Business Mathematics Section B: Logical Reasoning Section C: Statistics |
(40 Marks)
(20 Marks) (40 Marks) |
| Paper 4 | Business Economics And Business &
Commercial Knowledge Section A: Business Economics Section B: Business and Commercial Knowledge |
(60 Marks)
(40 Marks) |
Topic-Wise Weightage:
The sections and topics covered by the CA Foundation exam are listed below:
Paper 1: Principles And Practice Of Accounting – Marks: 100
| Chapters | Marks Weightage |
| 1. Theoretical Framework | 5%-10% |
| 2. Accounting Process
3. Bank Reconciliation Statement 4. Inventories 5. Concept and Accounting of Depreciation |
25%-30% |
| 6. Accounting for Special Transactions | 15%-20% |
| 7. Final Accounts of Sole Proprietors
8. Partnership Accounts 9. Financial Statements of Not-for-Profit Organizations |
30%-40% |
| 10. Introduction to Company Accounts | 10%-15% |
Paper 2: Business Laws And Business Correspondence And Reporting: Marks – 100
The CA Foundation\’s second paper is divided into two sections. Business law is covered in Section A, while correspondence and reporting is covered in Section B.
Section A: Business Laws (60 Marks)
| Chapters | Marks Weightage |
| 1. The Indian Contract Act, 1872 | 25%-30% |
| 2. The Sale of Goods Act, 1930 | 20%-25% |
| 3. The Indian Partnership Act, 1932 | 20%-25% |
| 4. The Limited Liability Partnership Act, 2008 | 5%-10% |
| 5. The Companies Act, 2013 | 15%-20% |
Section B: Business Correspondence And Reporting (40 Marks)
| Chapters | Marks Weightage |
| Part I: Communication
1. Communication |
10%-15% |
| Part II: Sentence Types and Word Power
2. Sentence Types (Direct-Indirect, Active -Passive Speech) 3. Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations and Idioms. |
20%-30% |
| Part III: Comprehension Passages and Note Making
4. Comprehension Passages 5. Note Making |
20%-30% |
| Part IV : Developing Writing Skills
6. Introduction to Basic Writing 7. Précis Writing 8. Article Writing 9. Report Writing 10. Writing Formal Letters 11. Writing Formal Mails 12. Resume Writing 13. Meetings |
35%-40% |
Paper 3: Business Mathematics, Logical Reasoning And Statistics: Marks – 100
CA Foundation exam paper – 3rd is also divided into 3 parts:
- Business Mathematics
- Logical Reasoning and Statistics
Part A: Business Mathematics (40 Marks)
| Chapters | Marks Weightage |
| 1. Ratio and Proportion, Indices and Logarithms
2. Equations and Matrices 3. Linear Inequalities with Objective Functions and Optimization |
20%-30% |
| 4. Time value of Money | 30%-40% |
| 5. Permutations and Combinations
6. Sequence and Series 7. Sets, Relations, and Functions 8. Basic applications of Differential and Integral calculus |
30%-50% |
Part B: Logical Reasoning (20 Marks)
| Chapters | Marks Weightage and Distribution |
| 1. Number series, Coding, and Decoding
and odd man out 2. Direction Tests 3. Seating Arrangements |
60%-70% |
| 4. Blood Relations
5. Syllogism |
30%-40% |
Part C: Statistics (40 Marks)
| Chapters | Marks Weightage and Distribution |
| 1. Statistical description of Data
2. Measures of Central tendency and Dispersion |
45%-50% |
| 3. Probability
4. Theoretical Distributions |
25%-30% |
| 5. Correlation and Regression | 10%-15% |
| 6. Index Numbers and Time Series | 10%-15% |
Paper 4: Business Economics And Business And Commercial Knowledge: Marks – 100
Part I: Business Economics (60 Marks)
| Chapters | Marks Weightage and Distribution |
| 1. Introduction to Business Economics | 15%-20% |
| 2. Theory of Demand and Supply
3. Theory of Production and Cost |
35%-40% |
| 4. Price Determination in Different Markets | 25%-30% |
| 5. Business Cycles | 15%-20% |
Part II: Business And Commercial Knowledge (40 Marks)
| Chapters | Marks Weightage and Distribution |
| 1. Introduction to Business | 15%-18% |
| 2. Business Environment | 15%-18% |
| 3. Business Organizations | 15%-20% |
| 4. Government Policies for Business Growth | 15%-18% |
| 5. Organizations Facilitating Business | 15%-18% |
| 6. Common Business Terminologies | 15%-18% |
CA Foundation Exam Passing Criteria 2022:
A candidate must get a minimum of 40% in each subject and a total of 55 percent in all four papers to pass the CA Foundation exam in 2022.
Thus, candidates who do not meet these ICAI\’s passing standards will not be considered passed.
ICAI CA Foundation Study Material 2022:
The ICAI also assists applicants by offering subject-specific CA Foundation study materials.
This provides a detailed description of the subjects covered, practice question papers, sample test papers, and a curriculum overview for the CA Foundation 2022 exam.
ICAI keeps its website up to date with relevant study materials for each year.
ICAI Official study material link:
| CA Foundation Paper Name | Link To Download |
| Principles and Practice of Accounting | Click here |
| Business Laws and Business Correspondence and Reporting | Click here |
| Business Mathematics, Logical Reasoning, and Statistics | Click here |
| Business Economics and Business and Commercial Knowledge | Click here |
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