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ICAI-v3
Foundation Course - Paper-1: Accounting - New Scheme of Education and Training
Foundation Course - Paper-1: Accounting - New Scheme of Education and Training

MODULE 1

Initial Pages

Chapter 1: Theoretical Framework

Unit 1: Meaning and Scope of Accounting

Unit 2: Accounting Concepts, Principles and Conventions

Unit 3: Capital and Revenue Expenditures and Receipts

Unit 4: Contingent Assets and Contingent Liabilities

Unit 5: Accounting Policies

Unit 6: Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates

Unit 7: Accounting Standards

Chapter 2: Accounting Process

Unit 1: Basic Accounting Procedures – Journal entries

Unit 2: Ledgers

Unit 3: Trial Balance

Unit 4: Subsidiary Books

Unit 5: Cash Book

Unit 6: Rectification of Errors

Chapter 3: Bank Reconciliation Statement

Chapter 4: Inventories

Chapter 5: Depreciation and Amortisation

Chapter 6: Bills of Exchange and Promissory Notes

Chapter 7: Preparation of Final Accounts of Sole Proprietors

Unit 1: Final Accounts of Non-Manufacturing Entities

Unit 2: Final Accounts of Manufacturing Entities

Annexure-I

MODULE 2

Initial Pages

Chapter 8: Financial Statements of Not-for-Profit Organisations

Chapter 9: Accounts from Incomplete Records

Chapter 10: Partnership and LLP Accounts

Unit 1: Introduction to Partnership Accounts

Unit 2: Treatment of Goodwill in Partnership Accounts

Unit 3: Admission of a New Partner

Unit 4: Retirement of a Partner

Unit 5: Death of a Partner

Unit 6: Dissolution of Partnership Firms and LLPs

Annexure-II

Chapter 11: Company Accounts

Unit 1: Introduction to Company Accounts

Unit 2: Issue, Forfeiture and Re-Issue of Shares

Unit 3: Issue of Debentures

Unit 4: Accounting for Bonus Issue and Right Issue

Unit 5: Redemption of Preference Shares

Unit 6: Redemption of Debentures

Accounting Terminology

ICAI CA New Syllabus 2024

The Institute of Chartered Accountants of India (ICAI) has recently introduced a proposed new scheme of education and training for Chartered Accountants, bringing significant changes to all three levels of the CA Course and the practical training period.

The revised scheme aims to enhance the competence and skills of aspiring Chartered Accountants, enabling them to thrive in the ever-evolving global business landscape. With sections being merged, some removed, and new additions implemented, the CA syllabus is set to align with international accountancy education bodies.
For detail:
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