Check out CA Foundation Course 2023 details – Registration, Eligibility, Fee, Syllabus. The Chartered Accountancy (CA) course is one of the most prestigious professional courses in India. It is conducted by the Institute of Chartered Accountants of India (ICAI) and consists of three levels: CA Foundation, CA Intermediate, and CA Final. In this article, we will discuss the CA Foundation course, including its registration process, eligibility criteria, subjects, exam pattern, and more.
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About the Course
Content in this Article
Foundation Course is the entry-level for Chartered Accountancy Course. Students after appearing in class 12th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto can register for Foundation Course.
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Students can appear in the Foundation Examination after qualifying the senior secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.
Students after registration to the course are required to complete a minimum of 4 months study period from the date of registration in order to be eligible to appear in the Foundation Examination, i.e., students registered on or before 30th June/ 31st December will be eligible to appear in November/ May examination, as the case may be.
Eligibility for CA Foundation Course
To be eligible for the CA Foundation course, you must have passed the 10th standard examination or an equivalent examination from a recognized board. If you have appeared for the 10+2 examination, you can also apply for the CA Foundation course, provided you submit the required documents within six months of the date of registration.
A student who has got himself/ herself registered for Foundation Course and has undergone a minimum of four months study period is eligible to appear in the Foundation Examination, i.e., students registered on or before 30th June/31 st December will be eligible to appear in November/May examination respectively. Foundation Examinations are held in May & November every year.
Students who are Graduates/ Post Graduates with prescribed percentage marks or its equivalent grade in the examination conducted by any recognized University (including Open University) or Intermediate level examination passed students of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India are exempted from passing Foundation Course. Such students on fulfilling the requirements can register directly to Intermediate Course.
Foundation Course comprises of four papers, out of which two are subjective and two are objective type. Negative marking for choosing wrong options is there in objective papers.
Due Date for CA Foundation Registration
- Last Date for CA Foundation Registration for May 2021 attempt: January 2021
- Last Date for CA Foundation Registration for November 2021 attempt: June 2021
CA Foundation Exams are held twice a year in the months of May and November. Examination Department issues notifications/announcements regarding the conduct of Foundation Examination on the Institute’s website www.icai.org/Newspapers. The said notification contains the proposed Examination Centres, in India and abroad. After getting registered for Foundation Course, students are also required to fill in the separate application form for appearing in Foundation Examination.
CA Foundation Course Validity Period
Foundation Course registration is valid for 3 years and can be revalidated any number of times for a further 3 years period by paying a revalidation fee of Rs. 300/- or as decided by the Council from time to time.
Subjects covered in CA Foundation Course
- Paper-1: Principles and Practice of Accounting (100 Marks)
- Paper-2: Business Law & Business Correspondence and Reporting (100 Marks)
- Section A: Business Law (60 Marks)
- Section B: Business Correspondence and Reporting (40 Marks)
- Paper-3: Business Mathematics and Logical Reasoning & Statistics (100 Marks)
- Part I: Business Mathematics and Logical Reasoning (60 Marks)
- Part II: Statistics (40 Marks)
- Paper-4: Business Economics & Business and Commercial Knowledge (100 Marks)
- Part I: Business Economics (60 Marks)
- Part II: Business and Commercial Knowledge (40 Marks)
Paper-3 and Paper-4 are objective type papers with negative marking.
The Board of Studies issues comprehensive study materials covering all four subjects.
CA Foundation Syllabus
CA Foundation Exam Pattern
Passing criteria in CA Foundation Exam
A Foundation Course candidate shall be declared to have passed the examination if he/ she obtains at one sitting a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all the papers, subject to the principle of negative marking.
CA Foundation Registration
CA Foundation Registration Fee
CA Foundation Study Material
What is the eligibility criteria for CA Foundation Course?
The eligibility criteria for CA Foundation Course is as follows:
Candidates must have completed 10+2 or equivalent examination from a recognized board.
Candidates who have registered for the 12th examination can also apply for provisional registration.
What is the registration fee for CA Foundation Course?
The registration fee for CA Foundation Course is as follows:
For Indian students, the fee is Rs. 9,000/-
For students from Nepal, Bhutan, Bangladesh, and Sri Lanka, the fee is Rs. 10,200/-
For students from other countries, the fee is $700
What is the passing criteria for CA Foundation Exam?
To pass the CA Foundation Exam, candidates must secure a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all papers.
Can a candidate appear for CA Foundation Exam before completing 12th standard?
No, candidates must have completed 12th standard or equivalent examination to appear for CA Foundation Exam.
What are the job opportunities after completing CA Foundation Course?
After completing CA Foundation Course, candidates can pursue higher studies in the field of Chartered Accountancy and can also apply for internship in any CA firm.
The CA Foundation course is the first step towards becoming a Chartered Accountant. It is an excellent course for students who want to pursue a career in the field of finance and accounting. If you are interested in this course, make sure to check the eligibility criteria and registration process on the ICAI website. We hope this article has provided you with all the necessary information about the CA Foundation course.
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Foundation covers four basic subjects viz.
Paper 1: Principles and Practice of Accounting
Paper 2: Business Laws and Business Correspondence and Recording
Paper 3: Business Mathematics, Logical Reasoning and Statistics
Paper 4: Business Economics and Business and Commercial Knowledge
400 Marks exam with each paper accounting for 100 Marks. Paper 1 & 2 will be subjective type papers and 3 & 4 will be objective papers. Candidates can choose English or Hindi as the choice of language to appear in CA Foundation exam. However, Section B of paper 2 will compulsorily have to be given in English language. The objective papers, i.e. Paper 3 & 4, will have a negative marking of one-fourth, such that for every wrong answer, 0.25 marks will be deducted. Candidates will have to score a minimum of 40 marks in each paper and 50% overall (200 marks) to pass the CA Foundation exam.
Will be appearing 12th Examination (HSC) in February 2020. When shall eligible for registration for CA foundation course? and when shall eligible to appear in CA Foundation course exams?