CA Foundation Syllabus for 2023 Exams With Proposed ICAI Changes

ICAI has brought about a few changes in the CA program. There are changes to the curriculum in order to conform it to International standards. Except for areas such as Taxation and Law, which will be country-specific, the course material will be the same for both native and foreign students. In this article, we’ll tell you about the CA Foundation syllabus 2023 and its proposed changes.

The syllabus for the CA Foundation level exam, which will take place in May 2023, has been released by the ICAI. You can contact the ICAI branch representatives in your area in case you have queries regarding the CA Foundation Syllabus.

The CA new scheme 2023 will be implemented in the Nov 2023 or May 2024 attempt. The eligibility, enrollment process, syllabus, paper format, passing standards, exemptions, and CA course have all undergone significant modifications. Here are the specifics of the CA Foundation’s new syllabus 2023, which the ICAI has now made available, along with a detailed list of its course materials.

About The New CA Foundation Course for 2023

There are presently no requirements for the number of attempts required in the CA Foundation course. Therefore, students are offered unrestricted attempts. Additionally, the CA Foundation registration may be renewed several times.

In the suggested education and training programme, however, students may enrol after the 10th grade, and CA Foundation registration is effective for four years. Moreover, after four years, students can’t revalidate their foundation registration. Students at the Foundation level are eligible to take the CA Foundation examinations after completing a 4-month study session and taking the Class-12 examination.

If a student is unable to pass the Foundation Exam within four years of registration, he may choose an alternate path of direct entry into the Intermediate Course, provided they meet the requirements.

Also, there will no longer be enrollment deadlines such as January 1 and July 1 for the CA Foundation. Hence, this will allow ICAI to administer three exams every year.

New CA Foundation Syllabus 2023

The present CA Foundation syllabus consists of six subjects and four papers. ICAI has recently omitted two subjects from the new scheme: Business Correspondence & Reporting and Business & Commercial Knowledge.

So now, the CA Foundation syllabus is as follows:

  • Paper 1: Principles and Practices of Accounting Syllabus
  • Paper 2: Business Laws and Business Correspondence and Reporting Syllabus
  • Paper 3: Business Mathematics and Logical Reasoning and Statistics Syllabus
  • Paper 4: Business Economics and Business and Commercial Knowledge Syllabus

Students preparing for the June 2023 exams have to prepare as per the old syllabus. It is because the CA new syllabus will be implemented from the earliest Nov 2023 exams.

CA Foundation Exam Pattern

Exam patterns will help students in building their preparation strategy and study appropriately. Understanding the number of questions candidates must answer within a certain time range may assist candidates in calculating their average response time. Below is the CA Foundation exam pattern:

  • The CA Foundation Exam has Four Subjects, each worth 100 marks, for a total of 400 marks
  • Two subjects in CA Foundation are objective patterns and two are subjective.
  • The mode of the exam is offline.
  • Both Papers 1 and 2 are subjective, and Papers 3 and 4 are objective.
  • Each incorrect response to an objective question carries a negative marking of 0.25.
  • Students may take CA Foundation examinations in either English or Hindi medium except for Paper 2.
  • Each paper is subdivided into parts with a predetermined estimated weighting of marks.

CA Foundation Evaluation Criteria

To pass the CA Foundation examination in 2023, a candidate must get a minimum of 40% in every paper and a total of 50% throughout all four subjects. Moreover, candidates who score below the ICAI-specified passing threshold will not be deemed successful. These candidates must retake the CA Foundation papers.

CA Foundation Study Materials for 2023

ICAI also provides applicants with entire subject-specific CA Foundation study materials. This comprises a complete description of the subjects covered, review question papers, practice test papers, and a summary of the CA Foundation 2023 exam’s curriculum. On its website, ICAI annually revises the appropriate study materials.

Students can download the CA Foundation syllabus and study material 2023 pdf from the ICAI website.


This post describes the CA New education and training programme just proposed by ICAI. Stay in touch with VSI Jaipur, since we will update it with all ICAI releases pertaining to the new CA Course structure.