Introduction:
The Chartered Accountancy (CA) Foundation exam is an important step in the journey to becoming a Chartered Accountant. Aspiring candidates often wonder about the duration of the CA Foundation exam to plan their study schedule effectively. In this blog post, we will provide a comprehensive overview of the duration of the CA Foundation exam, including the total exam time and individual time allocation for each subject.
1. Total Duration of the CA Foundation Exam:
The CA Foundation exam consists of four papers divided into two sessions, with a total duration of approximately 6 hours. The exam is conducted in four days, with one papers held on each day. The duration of each exam session is 3 hours for paper 1 &2 , for paper 3&4 exam session is 2 hours.
2. Individual Time Allocation for Each Subject:
The CA Foundation exam comprises the following subjects, each with a specific time allocation:
a. Paper 1: Accounting (3 hours):
– This paper tests candidates’ understanding of accounting principles, concepts, and practices.
– It covers topics such as accounting standards, financial statements, company accounts, and partnership accounts.
– Candidates must manage their time effectively to complete all the questions within the allocated duration.
b. Paper 2: Business Law (3 hours):
– This paper assesses candidates’ knowledge of business laws, communication skills, and business correspondence.
– It includes topics like Indian contract act, sales of goods act, partnership act, company law, and communication skills.
– Candidates need to allocate time wisely to address both the law and correspondence/reporting sections.
c. Paper 3: Quantitative Aptitude – Business Mathematics and Logical Reasoning & Statistics (2 hours):
– This paper evaluates candidates’ proficiency in mathematical concepts, logical reasoning, and statistical techniques.
– It covers topics such as arithmetic, algebra, logical reasoning, statistical analysis, and measures of central tendency.
– Candidates should allocate time appropriately to solve mathematical problems and answer logical reasoning questions.
d. Paper 4: Business Economics (2 hours):
– This paper tests candidates’ understanding of economic concepts, business environment, and commercial knowledge.
– It includes topics like microeconomics, macroeconomics, contemporary economic issues, business environment, and commercial awareness.
– Candidates should manage their time effectively to address both the economics and business/commercial knowledge sections.
It is important for candidates to read and understand the instructions provided in the question paper carefully and plan their time accordingly. Time management skills are essential to ensure all questions are answered within the given duration.
Conclusion:
The CA Foundation exam is conducted over two days, with a total duration of approximately 6 hours. Each day consists of two exam sessions, with each session lasting 3 hours. Understanding the individual time allocation for each subject is crucial for effective time management during the exam. By allocating sufficient time to each section and practicing time-bound mock tests, candidates can enhance their efficiency and maximize their chances of success in the CA Foundation exam.
