About the Course:
Embark on your journey to becoming a Chartered Accountant with our detailed guide to the CA Foundation Course. Here’s everything you need to know, from eligibility and registration to exam fees and syllabus.
Introduction:
The CA Foundation Course is the first stepping stone towards achieving your dream of becoming a Chartered Accountant. This foundational level covers essential topics such as accounting principles, business laws, mathematics, and economics, setting the stage for your future success in the field. Conducted by the Institute of Chartered Accountants of India (ICAI), the CA Foundation exams are held twice a year in May and November.
Eligibility and Registration:
If you are currently in or have completed class 12, you are eligible to register for the CA Foundation Course. Upon registration, you will have a preparation period of four months to familiarize yourself with the syllabus, which comprises four papers:
- 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
The CA Foundation Course fee amounts to Rs. 10,900, covering registration, exam form, and optional journal membership.
CA Foundation Course Details: Here’s an overview of the CA Foundation Course:
- Exam Name: CA Foundation
- Conducted by: Institute of Chartered Accountants of India (ICAI)
- Exam Level: National Level
- Eligibility: Completed or Appearing in Class 12th
- Preparation Period: 4 Months
- Duration of Exam: 3+2 Hours
- Mode of Exam: Offline
- Frequency: 2 times a year (May and November)
- Passing Criteria: Per subject – 40%, Aggregate – 50%
CA Foundation Course Registration Procedure: Registering for the CA Foundation Course is a straightforward process:
- Visit the ICAI portal and navigate to the ‘Course Registration’ section.
- Choose ‘New User’ and fill in your details to create a profile.
- Verify your account using OTP sent to your mobile and email.
- Log in, select “Student Cycle,” and apply for Foundation.
- Pay the registration fees online.
- Sign and submit the registration form within 7 days.
CA Foundation Course Fees:
The total fee for Indian students is Rs. 10,900, while foreign students are required to pay $1065. Refer to the detailed breakdown of fees for both categories provided in the blog.
CA Foundation Course Duration:
The CA Course typically takes 5 years to complete, consisting of three levels – Foundation, Intermediate, and Final. The duration may vary based on individual circumstances.
CA Foundation Syllabus:
Explore the four subjects of the CA Foundation syllabus, each offering a unique learning experience. Dive into accounting, business law, mathematics, and economics to lay a strong foundation for your CA journey.
CA Foundation Exam Pattern:
Understand the exam pattern and marking scheme of the CA Foundation course to enhance your preparation and performance in the exams. Familiarize yourself with the revised exam pattern provided by ICAI to ace your exams confidently.
Conclusion:
The CA Foundation Course is your gateway to a rewarding career as a Chartered Accountant. With our comprehensive guide, you are well-equipped to embark on this transformative journey towards success. Good luck on your CA Foundation exams.
