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This paper, i.e., Principles and practice of accounting (also referred as fundamentals of accounting or accounts) gives a basic framework or set of rules followed in accounting. Globally accepted accounting principles are given at one place in a basic form. The very name of the CA course includes Accountant in it. This signifies the requirement of knowledge of accounting from the 1st level itself. This is because this is one of the core subjects and key areas of practice for a CA. At the foundation level, you will need to know the basics of accounts with conceptual clarity, along with developing problem-solving skills. www.learncab.com/ca-foundation-online-video-lectures

This paper, Business Laws & Business Correspondence, is split into two parts. The first part deals with Business Laws while the second part deals with Business Correspondence.

Laws are a set of rules, regulations, principles, guidelines & theories governing an activity and Business Laws are those laws which govern a trade, profession or business. So basically, Business Law governs Trade & Commerce. It is also known as Mercantile Law. One of the oldest legislation of Mercantile Law was Indian Contract Act which was enacted in the year 1872. www.learncab.com/ca-foundation-online-video-lectures

As a qualified CA you are excepted to have exceptional analytical skills. That is why ICAI has introduced this paper, Business Mathematics and Logical Reasoning & Statistics. Not only that, at every stage of your Professional Career, you will need to acquire quantitative and analytical expertise. That is why, it is imperative that you develop them at the outset – from the Foundation level on.
Now, students generally have a phobia of learning mathematics and statistics. This is perhaps because their exposure to the concepts had been done in a dull, boring manner. That is why we at LearnCab teach you these concepts in a fun-filled engaging way with the help of graphical presentations and animation. We also work out problems and quizzes that are similar to those that will appear in the examination. This way, we ensure that you will enjoy learning the subject and understand the concepts needed not only to clear the exam but also to become a successful CA.
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Nowadays a CA must move beyond the traditional role of an accountant or auditor to act as a business advisor. That is why ICAI has introduced this paper Business Economics & Business and Commercial Knowledge. A CA needs to understand business requirements, and issues that affect individuals both as a consumer or as a producer. That is why, as a CA Foundation student, you should understand the basics of Economics such as real-time issues of Demand, Supply, Production, Cost, and Laws, etc.
Business and Commercial Knowledge is Part-B of this paper. As a CA, you should be well versed with the knowledge related to the Business and Commercial world. This will help you understand the bigger picture under which the economy is operating. www.learncab.com/ca-foundation-online-video-lectures

Suggested answers for Paper 4 - Business Economics & Business and Commercial Knowledge - CA Foundation by CA Bhavya Parvathi and CS Akshata Rao. www.learncab.com/ca-foundation-online-video-lectures

Improve your analytical skills by watching the Maestro CA Malaya Panda Solve Question 2(a) and 3(a) of our Mock Exam paper in inimitable style.
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Suggested answers for Paper 2 - Business Laws & Correspondence - CA Foundation by CS Shruthi Prakash and Prof. Shwetha.
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