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We are Sharing With You Applicability of Standards/Guidance Notes/Legislative Amendments etc. for May, 2023 – Foundation Course Examination.

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CA STUDY NOTES

Board of Studies The Institute of Chartered Accountants of India

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Applicability of Standards/Guidance Notes/Legislative Amendments etc. for May, 2023 – Foundation Course Examination

Paper 2, Section A: Business Laws for May 2023 examination

Inclusions from the syllabus

(1)	(2)	(3)
S. No. in the syllabus	Chapters/ Topics of the syllabus	Inclusions
1.	Chapter 1: The Indian Contract Act, 1872	The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
2.	Chapter 2: The Sale of Goods Act, 1930	The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
3.	Chapter 3: The Indian Partnership Act, 1932	The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
4.	Chapter 4: The Limited Liability Partnership Act, 2008	The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
5.	Chapter 5: The Companies Act, 2013	The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.

Notes: September 2021 edition of the Study Material is relevant for May 2023 examinations. The amendments – made after the issuance of this Study Material – i.e. for period 1st of May 2021 to 31st October, 2022 shall also be relevant. The relevant Legislative amendments for May 2023 will be available on the BoS Knowledge Portal.

Paper 3 – Business Mathematics. Logical Reasoning and Statistics

The following topics are deleted from the syllabus of Foundation Paper 3: Business Mathematics, Logical Reasoning and statistics from May 2022 examinations:

Chapter No Deleted Topics
Chapter 2	Unit II : Matrices
Chapter 13	Syllogism
Chapter 19	Unit II : Time Series

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