How to Prepare for CA Foundation Exam 2019 - Some Tips That Will Ensure The Success Is Yours!

Candidates usually get stuck at the point when they hardly have a month left for preparation. They impatiently look for the tips that can get them best of the results. Guys! There is no tip in the world that can replace hard work. You can only concise your syllabus. Break it down to studying only the most important topics and practicing them more. But it would be best if you start preparing at least 6 months before any exam. Still, if you don’t have much time left, you can divide you CA Foundation subjects using the following points.

Time to devote for each subject when only 1 month is left:-

§  Business Mathematics and Logical Reasoning & Statistics: 10 days

§  Business Laws and Business Correspondence and Reporting: 6–7 days

§ Business Economics and Business and Commercial Knowledge: not more than 6 days

§  Principles and Practice of Accounting: 6–7 days

The weightage that each topic carries should enable you to identify the detail with which the topic should be studied. Many students waste time getting into details that are less relevant and carries less weightage in exams. Moreover, Study the most important topic at a time when you are most productive: might be early in the morning or some other suitable time when you are most productive.

CA Foundation Syllabus 2019- Weightage of Marks Paper 1: Principles and Practice of Accounting (Main Sections) Section Number Topics Weightage I Theoretical Framework 5%-10% II Accounting Process 20%-25% Bank Reconciliation Statement Inventories Concept and Accounting of Depreciation III Accounting for Special Transactions 15%-20% IV Final Accounts of Sole Proprietors 25%-30% Partnership Accounts Financial Statements of Not-for-Profit Organisations V Introduction to Company Accounts 10%-15% VI Basic Accounting Ratios (Probability, Solvency, Liquidity and Turnover) 10%-15% Paper 2: Business Laws and Business Correspondence and Recording (Main Sections) Section A: Business Laws (60 Marks) Section Number Topics Weightage I The Indian Contract Act, 1872 25%-30% II The Sale of Goods Act, 1930 20%-25% III The Indian Partnership Act, 1932 20%-25% IV The Limited Liability Partnership Act, 2008 5%-10% V The Companies Act, 2013 15%-20% Section B: Business Correspondence and Recording (40 Marks) Section Number Topics Weightage I Communication 10%-15% II Sentence Types and Vocabulary 20%-30% Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal verbs, Collocations and Idioms. III Comprehension Passages and Note-Making 20%-30% IV Developing Writing Skills 35%-40% Paper 3: Business Mathematics, Logical Reasoning and Statistics (Main Sections) Part A- Business Mathematics (40 Marks) Section Number Topics Weightage I Ratio and Proportion, Indices and Logarithms 20%-30% Equations and Matrices Linear Inequalities: Linear Inequalities in one variable and the solution space and optimal Solution II Time Value of Money 30%-40% III Permutations and Combinations 30%-50% Sequence and Series Sets, Relations and Functions Basic applications of Differential and Integral calculus Part B- Logical Reasoning (20 Marks) Section Number Topics Weightage IV Number series coding and Decoding and the odd man out 60%-70% Direction Tests Seating Arrangements V Blood Relations 30%-40% Syllogism Part C- Statistics (40 Marks) Section Number Topics Weightage VI Statistical Representation of Data, Diagrammatic representation of data, Frequency distribution, Graphical representation of Frequency Distribution –Histogram, Frequency, Polygon, Ogive, Pie-chart 45%-50% Measures of Central Tendency and Dispersion: Mean Median, Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Co-efficient of Variation, Coefficient of Quartile Deviation VII Probability: Independent and dependent events; mutually exclusive events.25% Total and Compound Probability; Bayes’ theorem; and Mathematical Expectation 25%-30% Theoretical Distribution: Binomial Distribution, Poisson distribution–basic application and Normal Distribution – basic applications. VIII Correlation and Regression: Scatter diagram, Karl Pearson’s Coefficient of Correlation Rank, Correlation, Regression lines, Regression equations, Regression coefficients 10%-15% IX Index Numbers and Time series 10%-15% Paper 4: Business Economics and Business and Commercial Knowledge (Main Sections) Part 4A- Business Mathematics (60 Marks) Section Number Topics Weightage I Introduction to Business Economics 15%-20% II Theory of Demand and Supply 35%-40% Theory of Production and Cost III Price Determination in Different Markets 25%-30% IV Business Cycles 15%-20% Part 4B- Business & Commercial Knowledge (40 Marks) Section Number Topics Weightage V Introduction to Business 15%-18% VI Business Environment 15%-18% VII Business Organizations 15%-18% VIII Government Policies for Business Growth 15%-18% IX Organizations Facilitating Business 15%-18% X Common Business Terminologies 15%-18%

CA Foundation Study Material 2019

After knowing the exam pattern and syllabus, candidates can prepare accordingly. However, time and again, they need to test their level of preparation too. Thus, ICAI has released adequate study material of CA Foundation 2019 to help candidates practice their acquired knowledge. Practising from these official CA Foundation sample papers 2019 will help candidates identify their weaknesses, improve their speed and accuracy, etc. 

What Exactly is Smart work here:

·        Priority to Most Important Topics

·        Consult Previous Year Question Papers

·        Know What to Study and What Not to

·        Learning by Writing

·        Revise Scientifically

·        Attempting Mock Tests

Happy Studying! :) 

 

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