CA/CMA/CS (Foundation/Inter/Professional)

The CA Foundation Course is the entrance level for the chartered accountancy course offered by the Institute of Chartered Accountants of India (ICAI) and is the first stage or the entry-level exam to become a Chartered Accountant. Chartered accountancy is a professional degree course which offers huge scope for the aspirants. After becoming a CA, student can choose to either be employed with a corporate or choose to have a private practice.

Eligibility

Before filling the form, one must pay heed to certain eligibility criteria that are rudimentary to the application process. The ICAI requires the following conditions to be completed before one appears for the CA foundation:

  • The candidate must have completed their 10+2 examination i.e. senior secondary level or its equivalent from a recognized board or university.
  • Applicants must complete a rigorous training period of 4 months and register by 31st June (for the November exam) or 31st December (for the May exam). This is done so as to establish that only focused candidates appear for it.

Subjects

  • Paper-1: Principles and Practice of Accounting
  • Paper-2: Business Laws and Business Correspondence and Reporting
  • Paper-3: Business Mathematics,
  • Logical Reasoning and Statistics
  • Paper-4: Business Economics and Business and Commercial Knowledge

Exam Pattern

The CA Foundation exam has a stringent exam pattern. Paper 1 and Paper 2 must be completed in 3 hours. Paper 3 and Paper 4 must be completed in 2 hours.

Exam Maximum Marks Exam Type Negative Marking
Principles And Practice Of Accounting 100 Subjective No
Business Laws And Business Correspondence Business Laws- 60 Business correspondence -40 Subjective No
Business Mathematics, Logical Reasoning And Statistics Business Mathematics- 40 Logical Reasoning- 20 Statistics- 40 Objective 0.25 deduction for wrong answer
Business Economics And Business And Commercial Knowledge Business Economics- 60 Business and Commercial Knowledge- 40 Objective 0.25 deduction for wrong answer

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