CA Foundation Course
The CA Foundation Course is the entrance level for the chartered accountancy course offered by the Institute of Chartered Accountants of India (ICAI).[1] Earlier, it was known as the Common Proficiency Test. CA Foundation contains 5 series of papers. The CA Foundation exam replaced the CA-CPT exam and now is conducted by the Institute of Chartered Accountants of India (ICAI) thrice a year. After the CA Foundation exam, students need to complete the Intermediate and Final levels as well to become a chartered accountant
Eligibility
[edit]The candidate can register for CA Foundation after passing the secondary school examinations (Class-X) and appear in the foundation exam after qualifying for the 12th examinations. ICAI has allowed provisional registration for 10th class passed students.Eligibility Criteria for CA Foundation Course 1. Educational Qualification: • Class 10: Students who have passed the Class 10 examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State Government as equivalent can register for the CA Foundation course on a provisional basis.
• Class 12: To appear for the CA Foundation exam, students must have passed the Class 12 examination from a recognized board. Provisional registration is allowed after Class 10, but students must clear their Class 12 exams to be eligible to sit for the Foundation exam.
1. Registration with ICAI:
• Students must register with the Institute of Chartered Accountants of India (ICAI) for the CA Foundation course. The registration should be completed at least four months before the first day of the month in which the exam is held. For example, to appear in the May/June exam, students should register by January 1st, and for the November/December exam, by July 1st.
2. Study Period:
• A minimum study period of four months is required before appearing for the CA Foundation exam. This period allows students to prepare adequately for the examination.
3. Age Limit:
• There is no age limit for registering for the CA Foundation course. Students of any age who meet the educational qualifications can apply.
4. Exemptions:
• Certain categories of students may be exempt from appearing for the CA Foundation exam. For example, graduates or postgraduates in commerce with a minimum of 55% marks or graduates in other streams with a minimum of 60% marks can directly register for the CA Intermediate courseregister for the ca intermediate course, bypassing the Foundation level.
Test model
[edit]CA Foundation is a partially subjective and a partially objective test comprising the following four papers:
The first two papers are subjective while the latter two are objective. Each paper is worth 100 marks for a total of 400 marks.
Registration
[edit]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 the May/Nov terms of examination. Registration for the CA Foundation course is valid only for three years.
Date of the exams
[edit]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.[2]
Exemption
[edit]Graduates, post-graduates and students with equivalent degrees are exempt from the course requirement. Commerce graduates with 55% and other graduates with 60% marks can take direct admission for the CA Intermediate
See also
[edit]References
[edit]- ^ "45774bos35949foundation-about.pdf" (PDF).
- ^ "54489icaiexam110319a.pdf" (PDF).