While you are prepping for the CA Foundation Exams, this blog will walk you through many helpful resources, insights, suggestions, and tactics.
The primary level of the CA Course is the CA Foundation. You'll learn the fundamentals of accounting, business law, mathematics, and economics at this level. The Institute of Chartered Accountants of India (ICAI) administers the CA Foundation exams twice a year, in May and November.
Students who attended or enrolled in the class of twelve may register for the CA Foundation course according to the qualifying requirements. You will have four months to prepare after registering to complete the syllabus.
The CA Foundation Exam consists of four subjects, each of which must be passed with a minimum score of 40, for a total score of 200.
|
Paper |
Subjects |
Full Marks |
Exam Time |
Exam feature |
|
1 |
Principles & Practice of Accounting (20% Theory, 80% Practical) |
100 |
3 Hours |
Subjective (No Negative Markings) |
|
2 |
Business Laws & Business Correspondence and Reporting |
Business Laws – 40 Business Correspondence and Reporting – 60 |
3 Hours |
|
|
3 |
Business Mathematics & Logical Reasoning & Statistics |
Business Mathematics – 40 Logical Reasoning – 20 Statistics – 40 |
2 Hours |
Objective (100 MCQs with 0.25 negative marking) |
|
4 |
Business Economics & Business and Commercial Knowledge (BCK) |
Business Economics – 60 Business and Commercial Knowledge – 40 |
2 Hours |
|
|
Total |
400 |
*** No Exemption Is Allowed ***
Course Registration - Depending on your attempts, this registration must be completed early. The best time to do it is before January 1 for the May attempt and before July 1 for the November attempt in 2023.
Exam registration: It is required in order to attempt the test, and the time for doing so begins about two to three months before the scheduled exam.
Apply for the course by following the steps in the CA Foundation registration process:
Step 1: Go to the ICAI portal. Go to the "Course Registration" area by clicking the Student's Tab.
Step 2: Select "New User" under the registration form section.
Step 3: Enter your information, including your name, date of birth, gender, Aadhaar card details, phone number, email address, and password.
Step 4: Select "Generate OTP" and proceed with its verification. Your listed mobile phone number will receive the OTP, and your email address will receive the verification link.
Step 5: Your personal profile will be created after verification, and you will be sent the login information.
Step 6: Log in now, then choose "Student Cycle. , click "Apply for Foundation," enter the required information, and then select "Save and Next."
Step 7: Finally, make the registration payments. You will need a Master /Visa /Maestro Credit /Debit /Rupay / Net Banking Card because the fees must be paid online.
Step 8: You'll receive the registration form after successfully paying the CA Foundation registration charges.
The candidate must sign the form properly and deposit it within seven days.
|
Exam Level |
Details |
|
Eligibility |
Completed or Appearing in Class 12th Or 10th ( probationary) |
|
Preparation Period |
4 Months |
|
CA Foundation Course Subjects |
Principles and Practice of Accounting Business Laws and Business Correspondence and Reporting Business Mathematics and Logical Reasoning & Statistics Business Economics and Business and Commercial Knowledge |
|
Duration of Exam |
3+2 Hours |
|
Mode of Exam |
Offline |
|
CA Foundation Total Fees |
Rs. 10,900 or $1065 (for Foreign students) |
|
Frequency |
2 times in a year i.e. May and November |
|
Passing Criteria |
Per subject – 40% Aggregate – 50% |
Students who have passed their class 12 examination as acknowledged by the Government are eligible to apply for CA Foundation, according to the qualifying requirements.
However, the ICAI has changed the qualifying requirements and permitted temporary registration for students who have not passed their 12th Exams due to the delay of the Central & State Governments in the class result announcement.
After clearing the Class 10th exams, ICAI now permits candidates to provisionally register for the CA Foundation program. Additionally, it has been stated that the candidate's provisional admission will only be modified or regularised when they have successfully completed their Class 12 exams.
Graduates and Post-Graduates who wish to pursue a career in accounting may enroll immediately. They are eligible for the Direct Entry System for the CA Intermediate exam.
Read More :
The CA Foundation examinations will be conducted in June 2023
Here’s a direct link to check ICAI CA Foundation result.
To enter the examination, you must have an admit card. Admit cards are typically distributed by ICAI 14 days before the tests. Additionally, it no longer sends physical or offline admission cards. The ICAI website is the only place to download your CA Foundation admission card online.
To avoid a last-minute rush, take the printouts at least 10 days prior to the exam. Take 3–4 xeroxes of the admit card since it can only be downloaded three times. You have the opportunity to correct any errors in Center or Medium that you noticed after downloading.
You must pay Rs. 9000 at the registration time and Rs. 200 for the prospectus. Additionally, we advise you to subscribe to the journal. It will help you to stay updated. You must submit a foundation exam application and pay Rs 1500.
The registration fee for international students will be $700 + $20 for the foundation prospectus. For international students, the exam form costs $325.
The table below shows the whole CA Foundation tuition plan for Indian and international candidates.
|
Details of Fees |
Indian Students |
Foreign Students ($) |
|
Cost of Foundation Prospectus |
200 |
20 |
|
Foundation Registration Fees |
9000 |
700 |
|
Subscription for Students Journal (For one Year- Optional) |
200 |
20 |
|
Foundation Examination Fee |
1500 |
325 |
|
Total |
Rs. 10,900 |
1065 |
A student should make sure they sign up with a tuition provider (SJC Home Page Link) who has experience in coaching students at all levels of the Chartered Accountancy Course because this will be their first official exam.
Nearly 500 hrs of initial study with your tuition provider and 300 hrs of self-directed learning are required for the CA Foundation (SJC CA Foundation Course Landing Page Link) course.
This normally lasts 6-7 months as follows:
Take the help of chapter-by-chapter exams and group tests. It is advised that you attempt to finish the full course on the first reading at least 3 to 3.5 months prior to your exam.
Planning according to your need and potential is the most important thing. As Abraham Lincon once said,
“Give me six hours to chop down a tree and I will spend the first four sharpening the axe“.
It will be of great help if you make a detailed study plan before you start preparing.
Read more :
The tuition provider's content should form the base. It is essential that you also read the material provided by the ICAI, which you must keep as your primary source of information.
For the below-mentioned study material
Revision Test Papers (RTPs) are released by the ICAI a few months prior to each exam. To assist students to review specific subjects, they offer chapter-level questions.
Mock Test Papers (or "MTPs"): Before each trial, the ICAI holds mock exams.
Revision strategy is equally important as study planning. Things you should keep in mind while revising for CA Foundation Exam:
You can get more detailed revision planning by reading here
The CA examinations can be compared to a game of chess; practice is the key to mastering the exam. Mock exams provide you a preview of what to expect, including exam-day nervousness, difficulties remembering and linking questions to relevant topics, managing your speed, and dealing with uncertainty. It is recommended to schedule many chapter-wise and group assessments in addition to at least 2 different full mock exams.
we have scheduled for our CA Foundation students. Contact Us at +918100112222 to sign up for the test series.
Use OMR answer paper for effective practice when taking mock tests. You might only receive a few sheets for rough, so practice using them wisely while taking mock tests.
|
Challenge |
Solution |
|
Tension before the exam |
Stop studying one hour prior o the exam. Stay confident. |
|
recalling and connecting questions to relevant topics |
Attempting as many mock tests as possible |
|
Speed Management |
|
|
Inability to cover the whole syllabus within 1.5 days |
preparing precise and structured summaries |
|
Dealing with the anxiety of not knowing |
Do not try to learn anything new before the exam |
|
Tiredness |
Take adequate sleep and water before the exam. do not overdo your study. |
Keeping yourself calm is the most important thing during this journey. So you should try and keep your mind clear and confident. That will double your energy.
We are one of the leading educational institutes continuously trying to improve our method of teaching to provide holistic and effective education. Like every other institute that provides coaching for CA & CMA, we also have experienced faculty, top notched study material, etc. So, what does make us different? It is our utmost attention to each and every student that makes us different.
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