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icon-lvl-1  CS Foundation

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Business Environment and Law
Business Management, Ethics and Entrepreneurship
Business Economics
Fundamentals of Accounting and Auditing
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CS Akshata Rao
CS Akshata Rao
CS Shruthi Prakash
CS Shruthi Prakash
CA Anu Shree Agrawal
CA Anu Shree Agrawal
CS Harish V K
CS Harish V K
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Paper 1
Business Environment and Law

The first paper in CS Foundation course – Business Environment and Law introduces you to different forms of Organizations, their functions, strategies and laws governing such an organization. Business Environment can be said as a combination of internal and external factors that influences a business organization.

Learning about the Business Environment helps in identifying business opportunities, tapping useful resources and improves the overall performance, growth, and profitability of the business. It is said that law is the foundation upon which modern business is built and stands organized.

Every form of a business organization needs legal sanction and are governed by various laws. This paper guides you with various applicable laws governing business organizations.

CS Foundation Online video lectures of LearnCab provides comprehensive lectures on:

  • Introduction to Business Environment, Forms of Business Organization, Scales of Business, Emerging trends in business, Business functions.
  • Introduction to Law, Elements of company law, Elements of law relating to partnership and LLP, Contract law, Law relating to Sale of Goods, Law relating to Negotiable Instruments, Elements of Information Technology Act and Role, Duties & Responsibilities of a Company Secretary and Areas of Practice for a Company Secretary. Know More

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CS Akshata Rao
CS Akshata Rao
Ananth Kumar
Ananth Kumar
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Paper 2
Business Management, Ethics and Entrepreneurship

The second paper in CS Foundation course – Business Management, Ethics and Entrepreneurship, gives you innate knowledge about the subject with regard to the management of various business organizations and business communication.

Being new entrants to the CS course, it becomes important for you:

  • to develop efficiency in communication
  • to be aware of various kinds of business organizations and
  • how to manage business ethically

Hence this subject is marked crucial for CS Foundation students.

CS Foundation Online video lectures of LearnCab provides comprehensive lectures on-

  • Planning, Organizing, Human Resource Management, Direction and coordination, Controlling, Recent trend in Management
  • Business Ethics
  • Business communication, Essentials of Good English, Business Correspondence, Interdepartmental Communication, E Correspondence
  • Entrepreneurship introduction, Entrepreneurship-Creativity, and Innovation, Growth and Challenges of Entrepreneurial Ventures, Social Entrepreneurship, Government Initiatives for Business Development. Know More

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CS Bhavya Parvathi
CS Bhavya Parvathi
CS Akshata Rao
CS Akshata Rao
Supritha Marla
Supritha Marla
CA Rochelle D'sa
CA Rochelle D'sa
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Paper 3
Business Economics

Quite often we hear people complaining about the price hike or fall in market value, change in tax structure, Pricing, GDP growth rate etc., Sometimes we think why do we pay tax, how exchange rates are calculated and why is it varying, why WhatsApp and Facebook kind of social media are not charging for their services, what is the need for international trade agreements etc.,

Business Economics paper helps you understand these dynamics and provides you with the ability to interpret such dynamics happening around you. At CS Foundation level, studying economics helps understand the social, political, technological, legal and environmental activities and making appropriate decisions.

Understanding Economics helps you to contribute to the further advancement of the Indian Economy.

CS Foundation Online video lectures of LearnCab provides comprehensive lectures on-

  • Fundamentals of Economics, Theory of Demand and Supply, Theory of Consumer Behavior, Theory of Production and Costs, Analysis of Markets, Indian Economy, Basic Elements of Money and Banking
  • Descriptive Statistics, Mathematics of Finance and Elementary Probability. Know More

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CA Rochelle D'sa
CA Rochelle D'sa
CA Malaya panda
CA Malaya panda
CS Shruthi Prakash
CS Shruthi Prakash
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Paper 4
Fundamentals of Accounting and Auditing

Accounting is the ‘Universal Language of Business’. It is the vehicle for reporting financial information about a business entity to the stakeholders. At CS Foundation level, this subject helps you understand the basic concepts and principles of Accounting and Auditing.

In order to maintain uniformity of recording transactions and making the books of accounts reliable, it is utmost important to have and follow principles of accounting that gives the true and fair view of financial statements.

Even the verification or inspection of those records need to be in a systematic manner and that will be understood by learning the concepts and principles of Auditing. It is well known saying that “where the function of Accountant ends, audit begins to determine the true and fair picture of such accounts”

The knowledge about Accounting and Auditing is of utmost important to survive in today’s advanced business environment. CS Foundation Online video lectures of LearnCab provides comprehensive lectures on-

  • Theoretical framework of accounting, Accounting process, Bank Reconciliation Statements, Depreciation, Preparation of Final Accounts for sole proprietors, Partnership Accounts, Joint Venture and Consignment accounts, Company Accounts, Accounting for NPO, Computerized Accounting Environment
  • Auditing, Types of Audit and Auditor. Know More

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Now study anytime, anywhere, on any device. With LearnCab, you can seamlessly switch between devices. Start learning on your laptop/desktop at home or office, and switch over to your phone or tablet while on the move, all without skipping a beat. You can continue from where you left off in the previous device.
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Subscription at LearnCab gives you access to the complete syllabus of CS Foundation Online Classes. There are no hidden fees or additional charges on the platform once you become a subscriber. Most CS Foundation Online Coaching options lock you with pricing for Individual subject or papers. At LearnCab you may view our CS Foundation Video Lectures unlimited number of times with High Quality video-based online learning platform, using cutting edge technology that is easy to use, encompassing all subjects delivered by the best faculty.

The CS Foundation Video Classes on LearnCab have been developed by the expert faculty using a structured learning process and the latest student-friendly teaching methodologies. The lectures are shot using state of the art professional equipment in dedicated studios.

Topic-wise concise CS Foundation videos at LearnCab has been a great success with our students as they have been able to save substantial amounts of time compared to conventional CS Foundation Training.

Our sequential playlists include CS Foundation Video Lectures along with CS Foundation Study Materials and quizzes to test your knowledge of each topic taught.

Mock exams and MCQ’s are published when exams are near to help boost the student’s belief in tackling their CS Foundation exams.

LearnCab CS Foundation Course covers the entire syllabus prescribed by ICSI for the CS Foundation level exam. This eliminates the need to buy multiple classes from different course providers. Everything the CS Foundation student requires available under one single roof.

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Study anytime anywhere with the most flexible platform for CS Foundation Video Lectures. LearnCab CS Foundation Video Classes are available both on the web and on iOS and Android Apps.

Totally seamless experience independent of device used. Start watching LearnCab CS Foundation Online Classes on your desktop/laptop at home and seamlessly switch over to your mobile/tablet while on the move. You will always start from where you stopped on the previous device.

Easy to use versatile platform with a structured learning approach. Our sequential playlists consisting of CS Foundation Video Lectures, Illustrated Notes and Quizzes helps student grasp the concepts at the first viewing itself. The students can save a lot of time by studying on LearnCab compared to conventional study methods.

CS Foundation Papers

The business environment is the study of all factors that affect the business, forms of business and organizations. The study Business Environment in CS Foundation enables any organization to successfully conduct its business with a dynamic approach. Business Laws regulate the relationship of Business and profession with society.  They are essential to regulate and govern the business and its interaction with people.
ICSI has introduced this paper, Business Environment & Law, at the CS Foundation level because it is important for CS aspirants to understand the business, its needs, factors that affect business, the opportunities and threats that beckon any business organization. This enables you to know different forms of business, its boundaries and overall functioning of organizations. Also, Law is one of the most important subjects for a Company Secretary. Introduction to Business Laws enables a student to understand the basics of Law, legal terminologies and interpretation of Acts that govern business entities; this forms a steppingstone for further studies of Law related subjects. A CS Foundation student is expected to have thorough knowledge about the basics and fundamentals of Law since it forms part of core subjects in the Executive and Professional levels. Additionally, as Company Secretaries, your core area of practice and expertise will revolve around different Laws of the country, so, a clear understanding of concepts will ensure that the basics are stronger to gear up for the next levels.
Considering this, we at LearnCab understand that recall of concepts is very important. So, our CS Foundation lectures are short, crisp and engaging. But we encourage you to take your own notes while viewing lectures. Making short notes and mapping keywords in every paragraph and graphical presentation of notes will help you recall important points to revise before the exam. Also, because Law is a very dynamic subject with many amendments, updates, and notifications, we keep updating our content to enable you to tackle tricky questions related to amendments applicable to your exam.
Faculties teaching CS Foundation Business Environment paper at LearnCab are CS Shruthi and CS Akshata.
CS Shruthi Prakash has 4+ years’ experience as a Professor at Christ (Deemed to be University), Bangalore. She is also a visiting faculty at various esteemed Institutions/Colleges. A Company Secretary by Profession, she holds a Masters’ Degree in Business Laws from National Law School of India University, Bangalore.
CS Akshata is a faculty at the Institute of Company Secretaries of India, Bangalore and other Professional Academies. She is a Company Secretary by Profession. A post-graduate from St. Joseph’s College of Commerce, Bangalore, she has 2+ years of industry experience in Secretarial and Compliance Matters.
Studying Business Management, Ethics & Entrepreneurship enables you to develop a broad understanding of business organizations and provides you with an in-depth knowledge about managing areas such as finance, marketing, IT, communication, human resources, etc.
It is important for a CS Foundation student to understand the skills of management that help him develop as a better manager and face the real-life challenges that occur due to lack of management. This is because of the following:
  • Clear communication is one of the most sought-after skills by the industry/employers. CS Foundation students are expected to enhance their writing skills effectively with clarity and precision. As a CS Foundation aspirant, you must acquaint yourself with the skills of effective communication. Also, for Company Secretaries, drafting skills play a very important role; good practice of written communication becomes altogether important for examinations at next level
  • As a professional, you are expected to conduct yourself with professionalism and follow good ethical practices. You are bound by codes of ethics outlined by the Institute. This way, your clients know that you can be relied upon to conduct yourself professionally and with good ethical behavior and may use your service long term
Even though business management is largely theoretical, we at LearnCab suggest that clear conceptualization will help you easily understand this paper and score high marks. With that end in mind, we have engaging, animated videos to best understand the theoretical content.
Faculties teaching CS Foundation paper at LearnCab are CS Shwetha and CS Akshata.
CS Shwetha has 3+ years of experience in teaching. She is also a Student Counsellor. She has completed an MBA in Human Resource Management from Sikkim Manipal University and has 2+ years’ corporate experience as an HR Executive.
CS Akshata is a faculty at the Institute of Company Secretaries of India, Bangalore and other Professional Academies. She is a Company Secretary by Profession. A post-graduate from St. Joseph’s College of Commerce, Bangalore, she has 2+ years of industry experience in Secretarial and Compliance Matters.
CS Foundation Students are expected to understand business needs and the problems that affect individuals as consumers and producers. It is incumbent upon them to understand the basics of economics which deal with real-time issues of Demand, Supply, Production, Cost, and Laws. Also, A CS is regarded as a “Total Business Solution Provider”, and as such, he helps the business with their decision-making process. He is also acquainted with the knowledge to assist the business in total.
The problems that arise in learning CS Foundation Business Economics is that the subject is quite mathematical. To that end, we solve problems in many different ways so that you gain a good understanding of the subject.
The faculty who teaches CS Foundation Business Economics paper is Prof. Supritha Marla. She is a mathematics enthusiast and has 10+ years’ experience in teaching Mathematics and Science. She is a B.Sc. graduate in Mathematics & Computer Programming from Mumbai University along with an MBA in Human Resource Management.
The knowledge of accounting is of utmost importance for a CS.  That is why ICSI has introduced this paper, Fundamentals of Accounting and Auditing, at the CS Foundation level. A Company Secretary is required to take to care of compliance of Financial Statements as per Law. He should also have sound knowledge of interpreting and analyzing Financial Statements. This paper enables a student to prepare Accounts and analyze the same. In addition, the scope of work of Company Secretaries has increased and a practicing Company Secretary can be appointed as Secretarial Auditor for certain classes of Companies. As a secretarial auditor, a CS is expected to know the basics of Statutory Audit as well. This paper gives insight to students to understand the audit process and how audits are performed.
The CS Foundation Fundamentals of Accounting and Auditing paper is a blend of theory and practical applications. Understanding theory concepts and implementing the same on practical problems will help in understanding concepts better. Our illustrated study notes and quizzes that accompany our CS Foundation video lectures will give you the necessary practice you need. But be warned! It is not enough to passively view the CS Foundation lectures; we suggest you make your own notes with appropriate mind-mapping of concepts. Also, practice a lot of problems from the mock exams available on the portal.

FAQs

Papers subjects No of Lecture
Paper 1 Business Environment and Law 61
Business Law(S2) 58
Paper 2 Business Management, Ethics & Entrepreneurship 26
Business Management (S2) 54
Paper 3 Business Economics(S1) 52
Business Economics(S1) 6
Paper 4 Fundamentals Of Accounting & Auditing 123
Total 380
CS Foundation Virtual Classes on LearnCab are different from other platforms. Instead of just bombarding the CS Foundation aspirants with video monologues, LearnCab has designed a structured learning program for CS Foundation students after a lot of R & D.
LearnCab works on a sequential playlist system, where each topic is explained in a short video. This video is followed by notes for that particular topic and then a quiz to assess the students’ grasp on the video just played.
This way, the CS Foundation student gets a good grasp of the topic in the first view itself and eliminates the need for multiple revisions.
This is the most effective way to CS Foundation Students.
YES! Our CS Foundation Video Lectures are as per the Latest ICSI Syllabus. Even the latest amendments are provided at no extra cost for all students.
Our CS Foundation faculty team consists of highly experienced CS Foundation s from across India.

Downloadable Illustrated CS Foundation study notes are available for every chapter.

The CS Foundation Study Material helps you in your preparation for the CS Foundation Exam.

If you have any questions related to CS Foundation  Study Material, feel to write to us on support@learncab.com.

Yes, there is a Q&A section at each Chapter level of the CS Foundation Classes for students to have their queries from that particular chapter addressed by the faculties.

There are four (4) subjects:

  • Business Environment & Entrepreneurship
  • Business Management, Ethics and Communication
  • Business Economics
  • Fundamentals of Accounting and Auditing
Our unique credit-based subscription system allows you to watch any CS Foundation lecture an unlimited number of times as you wish.
Our CS Foundation Online Classes & video lectures cover all papers and concepts of CS Foundation as specified in the ICSI syllabus.
Our students have the freedom to watch what they want when they want on any device they want. Total freedom guaranteed!

CS aspirants who have passed the Senior Secondary School Examination under 10+2 scheme, of a recognized Board or equivalent may seek admission to Foundation Programme from icsi.edu/