CA Foundation Exam

CA Foundation Exam , CA Foundation syllabus , CA result

CA Foundation exam is the first step toward becoming a Chartered Accountant. Learn about eligibility, syllabus, registration, exam pattern, and preparation tips.

CA Foundation Exam: Everything You Need to Know

The CA Foundation exam is the first milestone in the journey to becoming a Chartered Accountant (CA) in India. Conducted by the Institute of Chartered Accountants of India (ICAI), this exam tests the fundamental knowledge required for higher levels of the CA course.

If you are planning to take the CA Foundation exam, this guide covers everything from eligibility criteria, registration process, syllabus, exam pattern, and preparation tips.

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What is CA Foundation?

CA Foundation is an entry-level examination for the course, replacing the earlier

CPT (Common Proficiency Test). It is designed to test students’ knowledge in accounting, economics, and business laws.

The exam is held twice a year, typically in May/June and November/December.

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Eligibility Criteria for CA Foundation

To be eligible for the CA Foundation exam, a candidate must:

• Have completed Class 12 (10+2) or equivalent from a recognized board.
• Register for the Foundation Course with ICAI at least 4 months before the exam.
• Appear for the exam after a minimum study period of 4 months.

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CA Foundation Registration Process

Follow these steps to register for CA Foundation:

1. Visit the official ICAI website: www.icai.org
2. Click on CA Foundation Course Registration
3. Fill in the required details and upload scanned documents (Class 10 & 12 marksheets, passport-size photograph, etc.)
4. Pay the registration fee online
5. Receive confirmation and study materials from ICAI

The registration fee is approximately ₹9,800 (including exam and study material charges).

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CA Foundation Syllabus

The CA Foundation syllabus consists of four subjects, divided into two groups:

Paper 1: Principles and Practice of Accounting (100 Marks)

• Basics of Accounting
• Financial Statements
• Depreciation, Inventories, and Investments
• Accounting Standards

Paper 2: Business Laws and Business Correspondence & Reporting (100 Marks)

• Business Laws (Indian Contract Act, Sale of Goods Act, Companies Act)
• Communication and Writing Skills

Paper 3: Business Mathematics, Logical Reasoning, and Statistics (100 Marks)

• Ratios, Equations, Time Value of Money
• Probability, Permutations & Combinations
• Logical Reasoning

Paper 4: Business Economics and Business & Commercial Knowledge (100 Marks)

• Micro and Macro Economics
• Business Cycles, Demand & Supply, Market Structure
• Business Environment

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CA Foundation Exam Pattern

• Mode: Offline (Pen & Paper Based)
• Duration: 3 hours per paper
• Type:
  • Paper 1 & 2: Subjective (Descriptive Questions)
  • Paper 3 & 4: Objective (MCQs with Negative Marking)
• Passing Criteria: Minimum 40% in each paper and 50% aggregate in all subjects

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Preparation Tips for CA Foundation

1. Start Early: Dedicate at least 3-4 months for preparation.
2. Focus on Concepts: Understand fundamental accounting and business laws properly.
3. Practice Mock Tests: Solve ICAI’s past year papers and mock tests.
4. Revise Regularly: Prepare short notes and revise them frequently.
5. Time Management: Allocate time for each subject based on your strengths and weaknesses.
6. Join Study Groups: Discussing with peers helps in better understanding.

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CA Foundation Result & Next Steps

The ICAI declares results within two months after the exam on icai.org. After clearing the CA Foundation, students can proceed to the CA Intermediate level.

What if You Don’t Pass?

• Analyze mistakes and work on weak areas.
• Reappear in the next attempt with better preparation.
• Join coaching or mentorship programs for guidance.