ICAI CA Foundation: Institute of Chartered Accountants of India (ICAI) conducts CA Foundation twice in a year. The CA Foundation held in the month of May and November every year by ICAI. The candidates who want to pursue the Charted Accountancy Course after qualifying the 12th standard examination may apply for this test. Basically, CA Foundation is an entry level test for Charted Accountancy Course. Candidates interested in the CA Foundation may check the details of ICAI CA Foundation from this article.
ICAI CA Foundation
The is a gateway to access in Charted Accountancy Course. This test held twice in a year, in the month of May and November for the interested and eligible candidates. ICAI CA Foundation examination dates are mention below for the desired candidates.
|CA Foundation May 2020|
|CA Foundation November 2019|| |
|CA Foundation May 2019|
ICAI CA Foundation Eligibility Criteria
The students are suggested to ensure their eligibility before applying for the CA Foundation. Go through the eligibility criteria for CA Foundation stated below.
- Candidate must have either passed or appeared in the Senior Secondary Examination (10+2 examination) conducted by a recognized Board or its equivalent examination.
- Candidate should register for Foundation Course with Board of Studies of ICAI
Exempted From appearing for ICAI CA Foundation
Following candidates need not to appear in the ICAI CA Foundation:
- Those candidates who possess a graduation degree or PG in Commerce and should have obtained a minimum of 55% of total marks or its comparable grade in the examination administered by any recognized University (including Open University) with specific subjects.
- Candidates who have passed the Intermediate Examination of the Institute of Cost Accountants of India or the Institute of Company Secretary of India are exempted from passing Foundation Examination.
- Those who own a Graduation or Post Graduation degree in the stream other than Commerce should have grasped aggregate a minimum of 60% of the total marks or its similar grade in the examination directed by any recognized University (including Open University)
ICAI CA Foundation Application Form
Candidates interested in giving CA Foundation have to fill an Application form and submit it before the last date otherwise their form will be rejected. Detailed Application procedure s given below.
Step 1: Creation of Account
The candidate shall visit the website icaiexam.icai.org and do one time registration [for first time only for filling up the Foundation (Examination) Application form] by submitting his/her Foundation Course Registration Number, Date of Birth, e-mail ID and Mobile No.
Step 2 : Review Profile and Fill Exam Form:
Login with the username and password that you already have from the Exam Cycle or use the one you received in your email ID/mobile in case you are newly registered user at this site. (Kindly keep your Login-Id and Password safely with you since the same will be required by you while filling up any examination form upto the C.A. Final Examination).
Upload the Attested and Scanned Declaration. The format can be downloaded from ‘May2019 Exam Details >> Format of Declaration/Certificate of Service >> Declaration Format for Foundation May 2019 Applicants’ . The size of the scanned file should be within 100 – 300 KB and the file should be in jpg format.
Step 3: Online payment of Examination fee
For Online filling of Examination application form for appearing in Foundation Examination (PP/Subjective Mode), a candidate has to remit a Application fee. Fee should be remitted using Online Payment gateway facility with Visa/Master/Maestro Credit/Debit Card/Rupay Card or Net Banking.
Step 4: Submission of Printout of Online Application Form to the Institute.
After successful Online payment, candidates can download the PDF of the Online Application Form from his/her dashboard and are required to take a print out of the application form from icaiexam.icai.org and take the following further course of action before sending it to the Institute:
ICAI CA Foundation Exam Pattern
Exam pattern for ICAI CA Foundation Programme is as follows
Foundation Course comprises of four papers,
- Paper 1 & 2 are subjective type with no negative marking
- Paper 3 & 4 are objective type with negative marking
|Paper 1||Principles and Practices of Accounting||100 Marks|
|Paper 2||Business Law & Business Correspondence and Reporting||100 Marks|
|Paper 3||Business Mathematics and Logical Reasoning &Statistics||100 Marks|
|Paper 4|| Business Economics & Business and Commercial Knowledge ||100 Marks|
Note: Candidates of Foundation Examinations will be allowed to opt for Hindi medium for answering papers. However the medium of Examination will be only English in respect of Post Qualification Course.
ICAI CA Foundation Passing Marks
A Candidate will be declared to have passed the Foundation Examination if he secures a minimum of 40 marks in each paper and a minimum of 50% marks in aggregate of all the 4 papers, in one sitting.
ICMAI CA Foundation Syllabus
CA Foundation syllabus is made in such a way that covers the basic and principles of accounting and acquire the ability to apply the same in preparing financial statement, computing accounting ratios and simple problem solving.
For ICAI CA Foundation Syllabus – Click Here
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