Top Changes in ICAI CA Foundation Syllabus 2026: What Students Must Know
The CA Foundation level is designed by the Institute of Chartered Accountants of India (ICAI) to test the basic knowledge of students in accounting, law, mathematics, and economics. With the recent transition to the New Scheme of Education and Training, the syllabus has become more streamlined and industry-aligned. Understanding the Exam Structure The exam consists of four major papers, each carrying 100 marks. These are categorized into subjective (descriptive) and objective (multiple-choice) formats: Paper 1: Accounting (Subjective): This paper focuses on the principles and practice of accounting, covering everything from the theoretical framework to company accounts. Paper 2: Business Laws (Subjective): Here, students delve into the Indian Contract Act, Sale of Goods Act, and the Companies Act, 2013. Paper 3: Quantitative Aptitude (Objective): This includes Business Mathematics, Logical Reasoning, and Statistics. Paper 4: Business Economics (Objective): A deep dive into mic...