CA foundation Accounts New Syllabus Study Material Compilation for May 2024 onwards

Hello Dear CA Students,

We are Sharing With You CA foundation Accounts New Syllabus Study Material Compilation for May 2024 onwards Paper-1: Accounting . So kindly Check Out our website and ALL the Best for Your upcoming Exams.




To develop an understanding of the basic concepts and principles of accounting and apply the same inpreparing financial statements and simple problem solving.


  1. Theoretical Framework
    1. Meaning and Scope of Accounting.
    2. Accounting concepts, principles and conventions.
    3. Capital and revenue expenditure, capital and revenue receipts, contingent assets and contingentliabilities.
    4. Accounting policies.
    5. Accounting as a measurement discipline – valuation principles, accounting estimates.Accounting Standards – concepts and objectives.

Accounting Process

  1. Recording accounting transactions: principles of double entry book- keeping, books of originalentry – journal, subsidiary books, cash book, ledger-format, posting from journal and subsidiary books, balancing of accounts.
  2. Preparation of trial balance.
  3. Rectification of errors.

Bank Reconciliation Statement

Introduction, reasons and preparation of bank reconciliation statement.


Meaning, basis and technique of inventory valuation, cost of inventory, net realizable value and recordsystem.

Depreciation and Amortisation

Tangible and intangible assets-Meaning and difference, concepts, methods of computation and accounting treatment of depreciation / amortisation, change in depreciation method.

Bills of exchange and Promissory notes

Meaning of bills of exchange and promissory notes and their accounting treatment; accommodationbills.

Preparation of Final accounts of Sole Proprietors

Elements of financial statements, closing adjustment entries, trading account, profit and loss account and balance sheet of manufacturing and non- manufacturing entities.

Financial Statements of Not-for-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.

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

  1. Partnership and LLP Accounts
    1. Final accounts of partnership firms and LLPs.
    2. Admission, retirement and death of a partner including treatment of goodwill.
    3. Dissolution of partnership firms and LLPs including piecemeal distribution of assets.

Company Accounts

  1. Definition of shares and debentures.
  2. Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares.
  3. Redemption of preference shares and debentures (excluding purchase and redemption of owndebentures and sinking fund method).
  4. Accounting for bonus issue and right issue.

Download Accounts Foundation Study Material PDF

Share this Post with your friends & help them to PASS.

Here all materials, PDFs are provided from various available sources, as we never own them, or scan them, we ar just facilitators, so we are not intentionally violating any laws, still if you feel that something should not be on site, you can contact us through email:


Subscribe to hear from us about new addition to website and other important stuff.

All PDF which are provided here are for Education purposes only. Please utilize them for building your knowledge. We request you to respect our Hard Work. Our Intention is to provide free Study Materials for all Aspirants and we believe Education Should be free for All, and for the same reason, we gathered everything and assembled at one place.

Disclaimer:- does not own this Materials, Test Series or anything we share, neither created nor scanned. we just providing the links already available on Internet. and also we doesn’t Own any trademarks or copyrights of any institute, Teachers and others which we share are purely for Education purpose only and all copyrights and Trademarks lies with the respective Institutes/Comapanies only. We don’t intend to either harm or encash your hard work, if any way you feel that our content violates any Copyrights or any privacy laws or if you have any issue, please let us know at and we will definitely try to provide possible solution for the same. Thank you.

kindly Leave a Reply Here