business-laws

Business Laws and Business Correspondence and Reporting  

CA Foundation - Paper 2 : Business Laws and Business Correspondence and Reporting

ICAI has introduced this paper Business Laws and Business Correspondence and Reporting at the CA Foundation level. The paper is split into two parts. These are: 

 Part 1: Business Laws

Introduction and Basic chapters of  

  • The Indian Contract Act, 1972 
  • The Sale of Goods Act, 1930 
  • The Indian Partnership Act, 1932 
  • The Limited Liability Partnership Act, 2008 
  • The Companies Act, 2013 

Part 2: Business Correspondence and Reporting 

  • Communication 
  • Sentence types and Word Power 
  • Comprehension passages and note making 
  • Developing writing skills 

We are what we repeatedly do. Excellence then, is not an act, but a habit. All the best! 😉  

 
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Business Laws
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Business Correspondence and Reporting
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Business Correspondence and Reporting
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Contingent contracts
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Introduction, Types, Goals
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November 2018
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May 2018
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Paper 1
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Paper 3
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Paper 4

More about Business Laws and Business Correspondence and Reporting

What are Business Laws and Business Correspondence and Reporting?
  • Business laws are meant to regulate the actions of business houses by establishing procedural and behavioural frameworks 
  • Business correspondence and reporting showcases the ability of a professional to communicate his knowledge clearly and correctly  
Why did ICAI introduce this paper, Business Laws and Business Correspondence and Reporting at CA Foundation Level?
  • As students of a professional course, it is necessary to have knowledge of business laws at because these laws reflect the way a business functions from the societies point of view
  • CA Students need Business Correspondence and Reporting to express their views in writing in the professional world with high standards of clarity and accuracy 
What are the topics covered in Business Laws and Business Correspondence and Reporting at the CA Foundation Level?

Part 1: Business Laws: Introduction and Basic chapters of  

  • The Indian Contract Act, 1972 
  • The Sale of Goods Act, 1930 
  • The Indian Partnership Act, 1932 
  • The Limited Liability Partnership Act, 2008 
  • The Companies Act, 2013 

Part 2: Business Correspondence and Reporting 

  • Communication 
  • Sentence types and Word Power 
  • Comprehension passages and note making 
  • Developing writing skills 
What is the best approach to study Principles and Practice of Accounting?
  • Solve all the model Questions and Questions given in RTP by ICAI 
  • Read the Newspaper every day and note down meanings of few words which you do not understand. 
  • Students who have studied in English medium tend to ignore Business Correspondence and Reporting, which is not a right thing. Give good weightage to this paper as well 
  • Those who have studied regional languages only need not worry. It is easy to learn basics and you also have law to score 
  • One of the good strategies to remember Business laws is remembering practical example(situation) related to a section 
  • In Business Correspondence and Reporting, strictly follow the formats where-ever prescribed by ICAI 

 

See how CS Shruthi Prakash, Prof. Shwetha NA, Prof. Ananth Kumar and CA Anushree Bansal teach this paper Business Laws and Business Correspondence and ReportingSign up to get a free trial!
Course Content Available
 

Faculty

Estimated Lectures

Lectures Available in the Portal

CS Shruthi Prakash and Prof. Shwetha N A

49

49

Prof. Ananth Kumar

19

19

CA Anushree Bansal

28

28

Available Lectures for Business Laws and Business Correspondence and Reporting
 
Paper 2: Business Laws
Chapters  No. of Lectures
Chapter 1 : The Indian Contract Act, 1872 14
Chapter 2 : The Sale of Goods  Act,1930 6
Chapter 3 : The Indian Partnership Act,1932 7
Chapter 4 : The Limited Liability Partnership Act,2008 1
Chapter 5 : The Companies Act,2013 8
Series 1:  
Paper 2: Business Correspondence Reporting
Chapters  No. of Lectures
Chapter 1 : Communication 1
Chapter 2 Sentence types and Direct-Indirect, Active – Passive Speech 1
Chapter 3: Vocabulary 1
Chapter 4: Comprehension Passages 1
Chapter 5: Note Making 1
Chapter 6: Introduction to Basics of Writing 1
Chapter 7: Precis Writing 1
Chapter 8: Article Writing 1
Chapter 9: Report Writing 1
Chapter 10: Writing Formal Letters and Official Communication 1
Chapter 11: Writing Formal Mails 1
Chapter 12: Resume Writing 1
Chapter 13: Meetings 1
Series 2 : 
Section A: Business Laws
Chapter 1: The Contract Act,1872 21
Chapter 2: The Sale of Goods Act,1930 7
Series 2:
Paper 2: Business Correspondence Reporting
Chapter 1 : Communication 1
Chapter 2: Sentence types and Direct-Indirect, Active – Passive Speech 4
Chapter 3: Vocabulary 3
Chapter 4: Comprehension Passages 1
Chapter 5: Note Making 1
Chapter 6: Introduction to Basics of Writing 1
Chapter 7: Precis Writing 1
Chapter 8: Article Writing 1
Chapter 9: Report Writing 1
Chapter 10: Writing Formal Letters  2
Chapter 11: Writing Formal Mails 1
Chapter 12: Resume Writing 1
Chapter 13: Meetings 1