CA Foundation Course

CA Foundation is the new entrance level for the Chartered Accountancy course in India[1]. Earlier it was known as 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 partially subjective and partially objective test consisting of 400 marks. Admire the eight subjects in CA Foundation given as follows -

  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 above two papers are subjective while the later two are objective. Objective papers contains negative marking i.e. for each wrong answer 0.25 mark gets deducted and for each correct answer one mark is given. Candidates are required to obtain 40% marks in each paper and 50% marks in aggregate of all the papers.

Exam date

Exams for the CA Foundation are held in May and November.

Admit Cards

Admit Cards are issued by the ICAI 21 days before exam.[2]

Exemption

CA Foundation is exempt for the Graduates, Post Graduates and the students having Equivalent degree. Commerce graduated with 55% and other graduated with 60% marks can take direct admission for the CA Intermediate.

See also

References

  1. ↑ (PDF) https://resource.cdn.icai.org/45774bos35949foundation-about.pdf. Missing or empty |title= (help)
  2. ↑ "CA Foundation admit card details".
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