CA Foundation Accounting Study Material – ICAI PDFs

ICAI Study Material · Paper 1

CA Foundation Accounting Study Material

Access the official ICAI CA Foundation Accounting Study Material under the New Scheme. Download Module 1 and Module 2 chapter-wise PDFs covering all 11 Accounting chapters and their respective units.

Paper 1 100 Marks Descriptive 2 Modules 11 Chapters New Scheme

CA Foundation Accounting ICAI Study Material

CA Foundation Paper 1 – Accounting is a 100-mark descriptive paper covering the accounting cycle, final accounts, partnership and company accounts. ICAI divides the Study Material into two modules and eleven chapters. Use the chapter and unit links below to access the official ICAI Board of Studies PDFs.

Module 1 — Chapters 1 to 7

Module 1 covers the accounting foundation, from basic concepts and the accounting process to final accounts of sole proprietors. Click a chapter directly or expand chapters containing multiple units.

Module 1 Initial Pages PDF · ICAI
Chapter 1 Theoretical Framework 7 units ·
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 6 units ·
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 PDF · ICAI Chapter 4 Inventories PDF · ICAI Chapter 5 Depreciation and Amortisation PDF · ICAI Chapter 6 Bills of Exchange and Promissory Notes PDF · ICAI
Chapter 7 Preparation of Final Accounts of Sole Proprietors 3 files ·
Unit 1: Preparation of Final Accounts of Sole Proprietors Unit 2: Final Accounts of Manufacturing Entities Annexure I

Module 2 — Chapters 8 to 11

Module 2 covers accounting for not-for-profit organisations, incomplete records, partnership and LLP accounts, and company accounts.

Module 2 Initial Pages PDF · ICAI Chapter 8 Financial Statements of Not-for-Profit Organisations PDF · ICAI Chapter 9 Accounts from Incomplete Records PDF · ICAI
Chapter 10 Partnership and LLP Accounts 7 files ·
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 6 units ·
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

Study CA Foundation Accounting with structured classes

Accounting requires concept clarity and consistent problem-solving. Explore CA Foundation Accounting classes from leading faculty and prepare the ICAI syllabus with structured explanations, practice and revision.

CA Foundation Accounting Classes » CA Foundation ICAI Study Material – All Papers »

How to prepare CA Foundation Accounting

  • Build the accounting process first. Journal entries, ledgers, trial balance and rectification form the base for later chapters.
  • Practise instead of only reading. Attempt ICAI illustrations yourself before referring to the suggested solution.
  • Keep complete working notes. Clear presentation makes your solution easier to follow and helps you identify mistakes during revision.
  • Finish with ICAI RTPs and MTPs. Once the syllabus is complete, practise full-length papers under examination conditions.

Looking for Principles and Practice of Accounting?

Principles and Practice of Accounting was the name of CA Foundation Paper 1 under the Old Scheme. Under the ICAI New Scheme of Education and Training, the paper was renamed Accounting. If you were searching for Principles and Practice of Accounting study material, the chapter-wise PDFs on this page are the current replacement.

Frequently asked questions

How many chapters are there in CA Foundation Accounting?

There are eleven chapters split across two modules. Module 1 contains Chapters 1 to 7 and Module 2 contains Chapters 8 to 11. Several chapters are further divided into individual units.

Is CA Foundation Accounting a descriptive or objective paper?

CA Foundation Paper 1 Accounting is a descriptive paper. Students are required to present calculations, workings and accounting formats in writing.

Should I practise every ICAI Accounting illustration?

Students should attempt the ICAI illustrations and practice questions because they help reinforce the concepts covered in each chapter and prepare you for similar examination-style questions.

What should I solve after completing Accounting Study Material?

After completing the Study Material, revise important concepts and attempt ICAI Revision Test Papers, Mock Test Papers and previous examination questions.

Is Principles and Practice of Accounting the same as CA Foundation Accounting?

Yes. Principles and Practice of Accounting was the Old Scheme name for CA Foundation Paper 1. ICAI renamed it Accounting under the New Scheme of Education and Training. The study material on this page covers the current New Scheme syllabus.

Related CA Foundation resources

CA Foundation ICAI Study Material – All Papers CA Foundation Saransh CA Foundation RTP CA Foundation MTP CA Foundation Accounting Classes

Study Material PDFs are published and owned by the Institute of Chartered Accountants of India (ICAI). Zeroinfy provides convenient links to official ICAI resources and does not claim ownership of the material.