CA Foundation is the entry-level examination conducted by The Institute of Chartered Accountants of India (ICAI) for the Chartered Accountancy course
What is the CA foundation course - As the name suggests, it lays down the foundation for the CA course. CA Foundation course helps a candidate in understanding various accounting principles and their implications on various kinds of accounts. CA Foundation Examinations are held twice a year in the months of May and November.
It is the dream of every commerce student to become a Chartered Accountant. In this article, you will get details about the CA Foundation's new scheme, registration process, fees, and eligibility criteria.
A candidate who has registered for the CA foundation course must have qualified Senior Secondary Examination (10+2 level) conducted by a recognized National or State Board.
A student who has registered for the CA course has to undergo a minimum of four months study period to appear in the Foundation exam i.e., students registered on or before 30th June/ 31st December will be eligible to appear in November/ May examination respectively.
A candidate can register for the Foundation course by filling Online Registration Form on the official website of the ICAI (www.icai.org) under the “students tab” in “Course Registration Form”.
After filling the online form, the candidate is required to pay fees online. On successful payment, the system will generate the form which has to be printed and submitted to the concerned regional office within 7 days of the date of online registration along with the following documents:
Attested copy of the 10th Marksheet/ Admit Card of 10th class indicating the Name.
S.No. |
Description of Fees |
Rs. |
For foreign students (US $) |
1 |
Cost of Foundation Prospectus |
200 |
20 |
2 |
Foundation Registration Fee |
9000 |
700 |
3 |
Subscription for Student’s Journal (For One Year) (Optional) |
200 |
20 |
4 |
Subscription for Member’s Journal (For One Year) (Optional) |
400 |
40 |
|
TOTAL |
9800 |
780 |
The registration for CA Foundation Course is valid for 3 years and can be revalidated any number of times for further 3 years by paying a fee of Rs.300/-
CA Foundation Examination is a Pen and Paper-based offline test. A candidate can take up the examination either in English or Hindi.
There are the following four papers in CA Foundation out of which Paper 1 & 2 are Subjective type and Paper 3 & 4 are Objective type with the negative marking scheme of 0.25 marks.
A candidate shall be declared to have passed the examination if he/she secures 40% marks in each paper and 50% marks in aggregate of all the papers.
Candidates who are Graduate/Post Graduate/Candidates with Equivalent Qualification are exempt from the CA Foundation Exam and can directly enroll for Intermediate Course.
CA Foundation Exam forms will be available on the official website (www.icaiexam.icai.org). The candidates have to submit the Exam Form online before the last date.
CA Foundation Exam Fee
For Indian Centres |
INR 1500 |
For Kathmandu (Nepal) Centre |
INR 2200 |
For Overseas Centres (Abu Dhabi, Doha, Dubai, Muscat) |
US $ 325 |
The ICAI releases CA Foundation admit card on its official website (icaiexam.icai.org). The Candidates are required to login to the website and take a printout of the admit card on A4-sized paper. All candidates have to carry the printed copy of admit card to the examination center.
Contents on the CA Foundation Admit Card
The syllabus for CA Foundation New Course is given below:
Paper 1: Principles and Practice of Accounting
Paper 2: Business Laws and Business Correspondence And Reporting
Section A: Business Laws
Section B: Business Correspondence & Reporting
Paper 3: Business Mathematics, Logical Reasoning & Statistics
Part A: Business Mathematics
Part B: Logical Reasoning
Part C: Statistics
Paper 4: Business Economics and Business and Commercial Knowledge
Part I: Business Economics
Part II: Business and Commercial Knowledge
A Candidate can prepare for CA Foundation Examination through self-study or Coachings. But it is preferable to enroll in Classes to leave no stone unturned in your CA Foundation Course Preparation. Classes will not only help in clearing all the concepts but also provide you with the guidance to channelize your preparations in the right direction. One can also enroll for CA Foundation Course offered by IndigoLearn which is India’s best CA prep destination. You can learn from the top educators with online classes from the comfort of your home. It has engaging Hd videos which can be accessed anytime, student-friendly notes, exam-style assessments.
The ICAI announces the results for CA Foundation on the official website.
The Details for checking CA Foundation Results are below:
Note: Candidates who pass with 70% or more marks in CA Foundation will receive a “Pass with distinction” Certificate from the ICAI.
For every attempt, ICAI publishes a merit list of the top 50 rank students who cracked the exam. Candidates need to click on the "Merit list" option and enter their Roll number/Registration number to access the merit list.
Here is an analysis of the CA Foundation Examination Dec 2021 result analysis.
Male Candidates - 18151 candidates passed out of 60097 candidates giving a pass percentage of 30.20
Female Candidates - 15359 candidates passed out of 50565 candidates giving a pass percentage of 30.37
The overall pass percentage was 30.28 percent.