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CA Foundation Course

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CA Foundation is the new entrance level for the Chartered Accountancy course in India[1]. Earlier it was known as the Common Proficiency Test.

Eligibility

The candidate can register for the CA Foundation after appearing in 12th board examinations and take the exam after qualifying the 12th examinations.

Test model

CA Foundation is a partially subjective and a partially objective test comprising the following four papers:

  1. Principles and Practices of Accounting.
  2. Business Laws and Business Correspondence and Reporting.
  3. Business Mathematics and Logical Reasoning & Statistics.
  4. Business Economics & Business and Commercial Knowledge.

The first two papers are subjective while the latter two are objective. Each paper is worth 100 marks for a total of 400 marks.

Fees

The Fee structure for the CA foundation course in mentioned below.The total fee of ₹11300 is paid during the Foundation course. The students are also levied with late fees of ₹600 ,if they miss the last date of submitting registration form or application form.[2]

Particular For overseas Students For Indian Students
Registration Fees US$700 ₹9000
Journal membership for a year US $20 ₹200
Examination fees US$325 ₹1500
Application/Exam form fees US $20 ₹200
Total US$1065 ₹11300

Registration

A candidate has to register for CA Foundation Course by filling up the online registration form available on the ICAI website. The last date for registration is December/June for May/Nov terms of examination.

Date of the exams

Exams for the CA Foundation are held in May and November. ICAI announces the CA Foundation exam schedule in the month of July for the November term of examination and in the month of January for the May term of examination. Note that due to the Lok Sabha elections, ICAI has postponed the May 2019 exams originally scheduled from May 2nd to May 17th stand rescheduled to 27th May 2019 to 12th June, 2019.[3]

Admit cards

Admit cards are issued by the ICAI 21 days before exam.[4] You should visit official website http://icaiexam.icai.org for downloading admit card.

Exemption

CA Foundation is exempt for graduates, post-graduates and the students having equivalent degrees. Commerce graduated with 55% and other graduated with 60% marks can take direct admission for the CA Intermediate.

See also

References

  1. ^ "45774bos35949foundation-about.pdf" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  2. ^ "CA Course Fees for Foundation, Intermediate and Final". {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  3. ^ "54489icaiexam110319a.pdf" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  4. ^ "CA Foundation admit card details". {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
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