The CA Foundation exam is the entry-level examination for the Chartered Accountancy course, conducted by the Institute of Chartered Accountants of India (ICAI). The exam is held twice a year, in May/June and November/December.
Overview
CA Foundation is an entry-level exam for the Chartered Accountancy Course. It has 4 papers of which 2 are objective type and 2 are subjective. The examination is conducted twice a year in June and December.
|
Name of the examination |
CA Foundation Exam |
|
Name of the Examination conducting body |
The Institute of Chartered Accountants of India |
|
Frequency of the examination |
Twice a year – in June and December |
|
Level of examination |
National Level Exam |
|
Languages |
English |
|
Mode of Application |
Online application |
|
Application Fee (General) |
1500/- [Online] |
|
Mode of Examination |
Offline |
|
Duration of the examination |
3 Hours (180 minutes) |
Eligibility Criteria
To be eligible for the CA Foundation exam, candidates must have passed the 10+2 examination from a recognized board. Candidates must also be registered with ICAI as students.
Candidates appearing in the 10+2 examination are also eligible to register for the CA Foundation exam. However, their admission will be regularized only after they clear the 10+2 examination.
There is no age limit for appearing in the CA Foundation exam.
Candidates who have passed the following examinations are also eligible to register for the CA Foundation exam:
- Senior Secondary Examination conducted by the National Open School Council
- Intermediate Examination conducted by the Board of Intermediate Education, Andhra Pradesh
- Intermediate Examination conducted by the Board of Intermediate Education, Telangana
- Intermediate Examination conducted by the Board of Secondary Education, Goa
Candidates who have passed any other examination recognized by the Central Government as equivalent to the 10+2 examination are also eligible to register for the CA Foundation exam.
For more information on the eligibility criteria for the CA Foundation exam, please visit the ICAI website.
Exam Pattern
| Paper | Type | Number of questions | Maximum marks | Duration |
|---|---|---|---|---|
| Paper 1 | Objective | 100 | 100 | 3 hours |
| Paper 2 | Objective | 100 | 100 | 3 hours |
| Paper 3 | Objective | 100 | 100 | 3 hours |
| Paper 4 | Objective | 100 | 100 | 3 hours |
Syllabus
Here is a table of the CA Foundation exam 2023 syllabus:
| Part | Subject | Topics |
|---|---|---|
| Part I | Principles and Practice of Accounting | Theoretical Framework, Accounting Process, Bank Reconciliation Statement, Inventories, Concept and Accounting of Depreciation, Accounting for Special Transactions, Financial Statements of Sole Proprietors, Partnership Accounts, Financial Statements of Not-for-profit Organizations, Introduction to Company Accounts |
| Part II | Business Laws and Business Correspondence | The Companies Act, 2013, The Limited Liability Partnership Act, 2008, The Indian Partnership Act, 1932, The Sale of Goods Act, 1930, The Indian Contract Act, 1872 |
| Part III | Business Mathematics, Logical Reasoning and Statistics | Business Mathematics, Logical Reasoning, Statistics |
| Part IV | Business Economics and Business and Commercial Knowledge | Business Economics, Business and Commercial Knowledge |
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