CA Foundation Course - A Complete Guide

CA Foundation is the entry-level examination conducted by The Institute of Chartered Accountants of India (ICAI) for the Chartered Accountancy course

CA foundation course

CA Foundation Course - Overview

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.

Eligibility Criteria For CA Foundation Course

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.

How To Register For CA Foundation Course

A candidate can register for the Foundation course by filling Online Registration Form on the official website of the ICAI ( 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 Admit Card / Mark sheet of Class 12 examination issued by the respective Board.
  • One recent colour photograph (affixed on the printout of the online successful registration form). 
  • Attested copy of proof of Nationality, if the student is a foreigner.
  • Attested copy of proof of special category certificate i.e SC/ST, OBC, Differently abled.

Attested copy of the 10th Marksheet/ Admit Card of 10th class indicating the Name.

CA Foundation Registration Fees


Description of Fees


For foreign students (US $)


Cost of Foundation Prospectus




Foundation Registration Fee




Subscription for Student’s Journal (For One Year) (Optional)




Subscription for Member’s Journal (For One Year) (Optional)







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 Exam Details

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.

  • Paper 1: Principles And Practice Of Accounting.
  • Paper 2: Business Laws And Business Correspondence
  • Paper 3: Business Mathematics, Logical Reasoning, And Statistics
  • Paper 4: Business Economics And Business & Commercial Knowledge

Passing Criteria for Foundation Exam

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 Form

CA Foundation Exam forms will be available on the official website ( 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


CA Foundation Admit Card

The ICAI releases CA Foundation admit card on its official website ( 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

  • Name of the Candidate
  • Candidate’s Photograph and Signature
  • Name of the Examination Centre
  • Roll Number
  • Examination City
  • Medium of Examination
  • Candidate’s Address
  • Exam day instructions for candidates

How to prepare for CA Foundation Exam

  • Make a proper timetable alloting required time for each subject
  • The candidate should focus on the institute’s study material
  • Revise the entire syllabus at least 3-4 times.
  • Make summary notes for all the subjects for quick revision
  • Practice a lot of MCQs to maintain speed and accuracy.
  • Attempt Previous Year Question Papers. It will help in analyzing the trend of Examination.
  • Enroll for the test series. It will help in time management and practice.

CA Foundation Course Syllabus

The syllabus for CA Foundation New Course is given below:

Paper 1: Principles and Practice of Accounting

  • Theoretical Framework
  • Accounting Process
  • Bank Reconciliation Statement
  • Inventories
  • Concept and Accounting of Depreciation
  • Accounting for Special Transactions
  • Final Accounts of Sole Proprietors
  • Partnership Accounts
  • Financial Statements of Not-for-Profit Organisations
  • Introduction to Company Accounts
  • Basic Accounting Ratios (profitability, solvency, liquidity, and turnover)


Paper 2: Business Laws and Business Correspondence And Reporting

Section  A: Business Laws

  • Business Laws The Indian Contract Act, 1872
  • The Sale of Goods Act, 1930
  • The Indian Partnership Act, 1932
  • The Limited Liability Partnership Act, 2008
  • The Companies Act, 2013

Section B: Business Correspondence & Reporting

  • Business Correspondence and Reporting
  • Communication
  • Sentence Types
  • Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal Verbs, Collocations & Idioms
  • Comprehension Passages
  • Note Making
  • Introduction to basic writing
  • Precis Writing
  • Article Writing
  • Report Writing
  • Writing Formal Letters
  • Writing Formal Emails
  • Resume Writing Meetings

Paper 3: Business Mathematics, Logical Reasoning & Statistics

Part A: Business Mathematics

  • Business Mathematics
  • Ratio and proportion, Indices, Logarithms
  • Equations and Matrices
  • Linear Inequalities with Objective Functions and Optimizations
  • Time value of Money
  • Permutations and Combinations
  • Sequence and Series
  • Sets, Functions, and Relations
  • Basic concepts of Differential and Integral Calculus

Part B: Logical Reasoning

  • Logical Reasoning
  • Number Series
  • Direction Tests
  • Setting Arrangements
  • Blood Relations Syllogism

Part C: Statistics

  • Statistics
  • Statistical Description of Data
  • Measures of Central Tendency and Dispersion
  • Probability
  • Theoretical Distributions
  • Correlation and Regression
  • Index Numbers and Time Series

Paper 4: Business Economics and Business and Commercial Knowledge

Part I: Business Economics

  • Business Economics
  • Introduction to Business Economics
  • Theory of Demand and Supply
  • Theory of Production and Cost
  • Price Determination in Different Markets
  • Business Cycles

Part II: Business and Commercial Knowledge

  • Business and Commercial Knowledge
  • Business and Commercial Knowledge: An Introduction
  • Business Environment
  • Business Organizations Government Policies for Business Growth
  • Organizations Facilitating Business
  • Common Business Terminologies

CA Foundation Classes

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.

CA Foundation Results

The ICAI announces the results for CA Foundation on the official website.

The Details for checking CA Foundation Results are below:

  • Visit the official website of ICAI and click on Foundation Results
  • Enter your Credentials i.e., 6 digit roll number, Pin/ registration number, and captcha code
  • Click Submit

Note: Candidates who pass with 70% or more marks in CA Foundation will receive a “Pass with distinction” Certificate from the ICAI.

CA Foundation Merit List

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.

CA Foundation Results Analysis

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.