Foundation covers four basic subjects viz.

• Paper 1: Principles and Practice of Accounting
• Paper 2: Business Laws and Business Correspondence and Recording
• Paper 3: Business Mathematics, Logical Reasoning and Statistics
• Paper 4: Business Economics and Business and Commercial Knowledge

400 Marks exam with each paper accounting for 100 Marks. Paper 1 & 2 will be descriptive type papers and 3 & 4 will be objective papers. Candidates can choose English or Hindi as the choice of language to appear in CA Foundation exam. However, Section B of paper 2 will compulsorily have to be given in English language. The objective papers, i.e. Paper 3 & 4, will have a negative marking of one-fourth, such that for every wrong answer, 0.25 marks will be deducted. Candidates will have to score a minimum of 40 marks in each paper and 50% overall (200 marks) to pass the CA Foundation exam.