Mastering the Art of Success: Do's and Don'ts to Become a Chartered Accountant

There are several benefits of pursuing the Chartered Accountant course. Because of their proficiency in accounting, taxation, and finance, Chartered Accountants (CAs) are highly respected in the business sector. However, passing the CA exam is not a simple task. It is a difficult process that calls for a lot of commitment and hard work. Additionally, the course equips students with critical thinking, problem-solving, and analytical thinking skills—all of which are highly valued in the field. Today, we will learn more about the CA Chartered Accountant course, CA exam syllabus and pattern, and provide tips to help our students in their journey:

CA Syllabus

The CA Foundation course covers four main subjects in the CA syllabus. Let us look at the CA syllabus:

Paper 1: Principles and Practice of Accounting

Module 1:

Chapter 1: Theoretical Framework

Chapter 2: Accounting Process

Chapter 3: Bank Reconciliation Statement

Chapter 4: Inventories

Chapter 5: Concept and Accounting of Depreciation

Chapter 6: Accounting for Special Transactions

Module 2:

Chapter 7: Preparation of Final Accounts of Sole Proprietors

Chapter 8: Partnership Accounts

Chapter 9: Financial Statements of Not-for-Profit Organisations

Chapter 10: Company Accounts

Paper 2: Business Laws and Business Correspondence and Reporting

Section A (Business Laws):

Chapter 1: The Indian Contract Act, 1872

Chapter 2: The Sale of Goods Act, 1930

Chapter 3: The Indian Partnership Act, 1932

Chapter 4: The Limited Liability Partnership Act, 2008

Chapter 5: The Companies Act, 2013

Section B (Business Correspondence and Reporting):

Chapter 1: Communication

Chapter 2: Sentence Types and Direct-Indirect, Active-Passive Speech

Chapter 3: Vocabulary

Chapter 4: Comprehension Passages

Chapter 5: Note Making

Chapter 6: Basics of Writing

Chapter 7: Precis Writing

Chapter 8: Article Writing

Chapter 9: Report Writing

Chapter 10: Writing Formal Letters

Chapter 11: Writing Formal Mails

Chapter 12: Resume Writing

Chapter 13: Meetings

Paper 3: Business Mathematics, Logical Reasoning, and Statistics

Part A (Business Mathematics):

Chapter 1: Ratio and Proportion, Indices, Logarithms

Chapter 2: Equations and Matrices

Chapter 3: Linear Inequalities

Chapter 4: Time Value of Money

Chapter 5: Permutations and Combinations

Chapter 6: Arithmetic and Geometric Progressions

Chapter 7: Sets, Functions, and Relations

Chapter 8: Differential and Integral Calculus

Part B (Logical Reasoning):

Chapter 9: Number Series, Coding and Decoding, Odd Man Out

Chapter 10: Direction Tests

Chapter 11: Seating Arrangements

Chapter 12: Blood Relations

Chapter 13: Syllogism

Part C (Statistics):

Chapter 14: Statistical Description of Data

Chapter 15: Measures of Central Tendency and Dispersion

Chapter 16: Probability

Chapter 17: Theoretical Distributions

Chapter 18: Correlation and Regression

Chapter 19: Index Number and Time Series

Paper 4: Business Economics and Business and Commercial Knowledge

Part I (Business Economics):

Chapter 1: Nature & Scope of Business Economics

Chapter 2: Theory of Demand and Supply

Chapter 3: Theory of Production and Cost

Chapter 4: Meaning and Types of Markets

Chapter 5: Business Cycles

Part II (Business and Commercial Knowledge):

Chapter 1: Introduction to Business and Commercial Knowledge

Chapter 2: Business Environment

Chapter 3: Business Organisations

Chapter 4: Government Policies for Business Growth

Chapter 5: Organisations Facilitating Business

Chapter 6: Common Business Terminologies

CA Exam Paper Pattern

The CA Foundation exam includes four papers. Each paper is divided into multiple sections. Let us look at the CA exam paper pattern below:

Papers in Chartered Accountant Course Marks Duration

Paper 1: Principles and Practice of Accounting 100 marks 3 hours

Paper 2: Business Laws and Business Correspondence and Reporting 100 marks 3 Hours

Section A: Business Laws – 60 marks

Section B: Business Correspondence and Reporting – 40 marks

Paper 3: Business Mathematics, Logical Reasoning and Statistics 100 marks 2 Hours

Part A: Business Mathematics- 40 marks

Part B: Logical Reasoning – 20 marks

Part C: Statistics – 40 marks

Paper 4: Business Economics and Business and Commercial Knowledge 100 marks 2 Hours

Part I: Business Economics – 60 marks

Part II: Business and Commercial Knowledge – 40 marks  

Dos & Don’ts About CA Chartered Accountants

●        Develop a robust professional network and hone your social skills

●        Regularly monitor your progress and address areas needing improvement

●        Prepare thoroughly for the CA exam by practising mock tests and reviewing past exam papers

●        Stay dedicated and motivated to achieve your goal of becoming a CA

●        Don’t depend only on textbooks; aim to acquire practical experience

●        Always ask for help or guidance when needed in the study.

●        Keep career options open; don’t restrict to just one industry

●        View failures as learning opportunities and stay motivated to continue

●        Acknowledge and celebrate the achievements throughout the journey

Wrapping Up

The journey of a CA is a challenging one. Long-term advantages, however, greatly outweigh the challenges. In addition to career growth, the skills and knowledge exposure during the CA course foster both professional and personal development. They must develop a thorough understanding of the CA exam syllabus and pattern, and build a network of supportive people. However, certified public accountants must continue to be resilient, flexible, and focused in the face of setbacks. With a proactive and positive approach, they can succeed in their lives

FAQs - About CA Chartered Accountant Course