CA Foundation 2020 – ICAI has postponed CA Foundation exam 2020. In the recently released notice, ICAI has announced the exam which were secluded to be held on 11, 13, 15, 17 May, 2020, stand cancelled and will now be held on 27, 29 June and 1 and 3 July 2020. You can check the official notice below. CA Foundation is entry level exam for those who are interested in the chartered accountancy course in India. The exam is scheduled to be conducted on May 11, 13, 15, and 17, 2020. CA Foundation exam consist of two questions – descriptive and MCQ type. Check more information on CA Foundation 2020 from this page.
Latest: CA Foundation 2020 exam has been cancelled and will now be held in June- July 2020. Check official notice here.
CA Foundation 2020
CA Foundation 2020 consists of 4 papers that the candidate has to pass to be deemed as qualified. Graduates or Postgraduates candidates can get direct entry into the second level, i.e. CA Intermediate. Check the schedule for CA Foundation May exam 2020 from the table below.
|CA Foundation 2020||Dates|
|Last Date for Registration for May 2020 Session||31 Dec 2019|
|Availability of CA Foundation Exam Form for May 2020||05 Feb 2020|
|Last date to fill CA Foundation application form||26 Feb 2020|
|Last date to submit application form with late fee||04 Mar 2020|
|Last date for receipt of print out of online examination application form duly filled up||09 Mar 2020|
|Correct window opens||07-13 Mar 2020|
|Correction window reopens||21 to 23 Mar 2020|
|Issuance of admit card||To be notified|
|CA Foundation May 2020 exam date|
|Declaration of CA Foundation result||Mid July 2020|
|CA Foundation Registration for November 2020 till||30 Jun 2020|
CA Foundation 2020 Application Form Correction Window
The form correction window of CA Foundation 2020 has been reopened on icaiexam.icai.org. To login and do form correction candidates need login id and password.
CA Foundation 2020 Application Form
The application form for CA Foundation May 2020 exam has been released online at icaiexam.icai.org. No offline application form is released for the candidates. It can be accessed by those who have successfully registered with BOS before the cut off date. In the examination form, candidates need to provide their basic information, select the test center, and pay the required amount of application fee.
CA Foundation Application Fee 2020 – To submit the CA Foundation exam form, candidates need to pay the following amount of application fee.
|Test Center||Application Fee|
|For Indian Center||Rs. 1500|
|For Overseas Centre(s) – Excluding Kathmandu Centre||US$ 325|
|For Kathmandu (Nepal) Centre||INR 2200|
|Late fee charges for Centres in India and Kathmandu||Rs. 600|
|Late fee charges for Overseas Centres||US$ 10|
Mode of payment: Candidates need to pay the above-given amount of application fee by either of the following modes:
- Credit card
- Debit card
- Net banking
- BHIM UPI
- Rupay Card
Eligibility Criteria for CA Foundation 2020
A candidates has to fulfil the eligiblity criteria of CA Foundation course in order to appear for CA Foundation 2020 Exam. The criteria is mentioned in the section below.
- Candidates must have passed class 12th examination from a recognized board to be eligible for CA Foundation 2020 Exam.
- Candidates must have registered for the CA Foundation course with the Board of Studies (Bos) before last day of registration, or converted to Foundation Course with Board of Studies of ICAI.
CA Foundation May 2020 Exam Timings
The exam timings for CA Foundation 2020 exam is as follows:
|Name of the paper||Exam timings|
|Paper 1||2 PM to 5 PM|
|Paper 2||2 PM to 5 PM|
|Paper 3||2 PM to 4 PM|
|Paper 4||2 PM to 4 PM|
CA Foundation 2020 Exam Centers
ICAI Is going to conduct CA Foundation May 2020 exam in 207 test cities spread across India and at 05 (Five) overseas examination centres. Check the list of test cities from the table below.
|Mangalore||Mapusa (Goa)||Margao (Goa)||Mathura|
Overseas Exam center
- Abu Dhabi.
CA Foundation 2020 Exam Pattern
Candidates who are preparing for the CA Foundation must ensure that they know the exam pattern for the test. Check the complete exam pattern for CA Foundation below.
- Mode of the exam: It is a pen-paper based test.
- Duration of the exam: The exam is of 03 hours duration for Paper 1 & 2 and 02 hours duration for Paper 3 & 4.
- Language of questions: Candidates have the option to write answers in either English or Hindi language.
- Total Marks: The exam is of total of 400 marks.
- Marking scheme: There is no negative marking for incorrect answers marked in Paper 1 and 2. Whereas, for incorrect option marked in Paper 2 and 3, 1/3 marks are deducted.
Candidates can check the distribution of questions from below.
Paper 1: Principles and Practices 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)
CA Foundation 2020 Syllabus
CA Foundation 2020 consists 4 Papers. Click Here for Complete CA Fondation 2020 Syllabus.
PAPER – 1 : PRINCIPLES AND PRACTICE OF ACCOUNTING
- Theoretical Framework
- Accounting Process
- Bank Reconciliation Statement
- Introduction to Company Accounts
PAPER – 2 : BUSINESS LAWS AND BUSINESS CORRESPONDENCE
- Sentence Types and Word Power
- Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs Collocations and Idioms.
PAPER –3: BUSINESS MATHEMATICS, LOGICAL REASONING AND STATISTICS
- Business Mathematics
- Time value of Money
- Logical Reasoning
- Theoretical Distributions
PAPER – 4 : BUSINESS ECONOMICS AND BUSINESS AND COMMERCIAL KNOWLEDGE
- BUSINESS ECONOMICS
- Introduction to Business Economics
- Business and Commercial Knowledge
- Government Policies for Business Growth
- Common Business Terminologies
Important Books for CA Foundation Exam 2020
Check the books useful for the prepration of CA Foundation Exam 2020.
|Name of Book||Buy Link|
|Tulsian’s Principles and Practice of Accounting for CA Foundation Course||Buy Here|
|Business Laws – Business Law, Business Correspondence & Reporting||Buy Here|
|Quicker-Business Mathematics Logical Reasoning & Statistics||Buy Here|
|Padhuka’s Business Economics & Business And Commercial Knowledge||Buy Here|
Preparation Tips for CA Foundation Exam 2020
Candidates can check the Preparations tips mentioned below for effective prepation.
CA Foundation 2020 Syllabus: Preparation of every exam starts with the Syllabus. Candidates need to check CA Foundation 2020 topics to cover therefore they should check the Syllabus. It is important that topics should be categorized in easy, medium and Hard Category so that sufficient time should be given to the hard topics. CA Foundation Syllabus is mentioned in the page above.
Time Table: Candidates are required to design a effective time table according to all papers. One of the important factor is to give sufficient time to each subject or Papers. Candidates must allote fix time to a particular subject or Topic as per the demand and difficulty level. Candidates can create a timetable as per their paper
Short Notes: Making Short notes helps a lot while doing the revesion. Candidates can keep the formulas and applications noted in short notes.
Motivation: Motivation plays a key role for effective study and preparation combined with hard work. Candidates can check up inspiration video of toppers and your biggest motivation is the fire inside you.
CA Foundation Admit Card 2020
CA Foundation 2020 admit card shall be available for download online at icaiexam.icai.org or through the direct link on this page. To download admit card, candidates require their login id and password. Along with the print out of the CA Foundation Admit Card, you will also have to carry a valid ID proof on the day of the test. No candidates shall be alowed to appear for the exam, if not carrying CA Foundation Admit Card 2020.
Registration for CA Foundation 2020
Registration for CA Foundation is the first step in the whole process of appering for the CA Foundation Exam 2020. Candidates will have to register with Board of Studies (BoS) of Institute of Chartered Accountants of India. No Student shall be allowed to appere for the exam unless regeration is being done. To register online, the aspirants will have to provide their Personal Information and have to pay applicable registation fee. Candidates are informaed that the CA Registration is an evergreen process and can be done throughout the year.
CA Foundation Result 2020
The CA Foundation 2020 result shall be announced in online mode only. Candidates will have to enter their roll number and registration number or PIN for downloading the CA Foundation 2020 result. Candidates will also get the option to check their CA Foundation result via SMS and mail. The CA Foundation 2020 result will contain the candidate’s paper-wise and overall score, and the passing status. CA Foundation 2020 result is declared, the ICAI shall also publishes the Merit list. The candidates can check the merit list of the top 50th ranks of candidates through online mode only.
The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in public interest. The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988.
Notice for CA Foundation May 2020 Exam Schedule
For more information on CA Foundation 2020, download information from here.
CA Foundation 2020 Admission Frequently Asked Questions
Ans : Yes. In case you have created login under this site http://icaiexam.icai.org from November / December 2016 Exam onwards, there is no need to recreate the login even if you have converted to New Course. You may just log in using your SingleSignOn credentials (ie; Login ID & Password) and avail of all the services under one umbrella. However, The login particulars are displayed on the screen when login is created
Ans : Yes, because all the important communications from the authorities to the students will be done via SMS and email.
Ans : Submit a hand-written application citing the mistake along with self-attested photocopy of the supporting documents and send to the exam branch at : To The Joint Secretary Exams, Post Box No.7112, ‘ICAI BHAWAN’, Indraprastha Marg New Delhi – 110002 Also send an e-mail along with scanned copy of the aforesaid documents to [email protected]
Official Website: icai.org
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