Official ICAI · Paper 1 · 6 sessions

ICAI CA Foundation — Accounting Past Papers & Suggested Answers

Every published exam session for Accounting, newest first — with direct links to ICAI's own Suggested Answer, Examiner Comments and Question Paper PDFs. Most recent: January 2026.

Paper 1 100 marks 3 hours 100% descriptive · no MCQ component

Accounting subject guide

Every Accounting exam session

6 of 6 have an official Suggested Answer

What Accounting covers

The 10 chapters ICAI examines in this paper under the New Scheme. Every past paper above is set from this syllabus.

1 Theoretical Framework
2 Accounting Process
3 Bank Reconciliation Statement
4 Inventories
5 Concept and Accounting of Depreciation
6 Accounting for Special Transactions (Bills of Exchange, Sale of Goods on Approval/Return, Consignment, Average Due Date, Account Current)
7 Final Accounts of Sole Proprietors
8 Partnership and LLP Accounts
9 Financial Statements of Not-for-Profit Organisations
10 Company Accounts (Introduction and Issue of Shares, Issue of Debentures)