CA Foundation Accounting Marks Weightage & Analysis PDF

Content

Section

Weightage

Theoretical Framework 
(i) Meaning and scope of accounting 
(ii) Accounting Concepts, principles and conventions 
(iii) Capital and revenue expenditure, capital and revenue receipts, contingent assets and contingent liabilities
(iv) Accounting policies 
(v) Accounting as a measurement discipline—valuation principles, accounting estimates 
(vi) Accounting Standards: concepts and objectives.

I

5%-10%

Accounting Process 
(i) Recording accounting transactions: principles of double entry bookkeeping, books of original entry—journal, subsidiary books, cash book, ledger-format, posting from journal and subsidiary books, balancing of accounts (ii) preparation of trial balance 
(iii) rectification of errors. 

3. Bank Reconciliation Statement Introduction, reasons, and preparation of bank reconciliation statement. 

4. Inventory Meaning, Basis and Technique of Inventory Valuation, Cost of Inventory, Net Realizable Value, and Record System. 

5. Depreciation and Amortisation Tangible and intangible assets: meaning and difference, concepts, methods of computation and accounting treatment of depreciation and amortization, change in depreciation method. 

6. Bills of exchange and Promissory notes Meaning of bills of exchange and promissory notes and their accounting treatment; accommodation bills.

II

30%-35%

7. Prepare final accounts of sole proprietor’s elements of financial statements, closing adjustment entries, trading accounts, profit and loss accounts, and balance sheets of manufacturing and non-manufacturing entities.

8. Financial Statements of Non-profit Organizations Significance and preparation of receipt and payment account, income and expenditure account and balance sheet, difference between profit and loss account and income and expenditure account. 

9. Accounts from Incomplete Records (excluding preparation of accounts based on ratios)

III

20%-25%

10. Partnership and LLP Accounts
(i) Final accounts of partnership firms and LLP’s 
(ii) Admission, retirement, and death of a partner, including treatment of goodwill (iii) Dissolution of partnership firms and LLPs, including piecemeal distribution of assets

IV

15%-20%

11. Company Accounts 
(i) Definition of shares and debentures 
(ii) Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares 
(iii) Redemption of preference shares and debentures (excluding purchase and redemption of own debentures and sinking fund method) (iv) Accounting for bonus issue and right issue

V

15%-25%