|CA Foundation – A Quick View|
|Exam Name||Chartered Accountants Foundation (CA Foundation)|
|Exam Mode||Offline mode|
|Exam Level||Entry level national examination|
|Exam Type||Objective and Subjective|
|Medium of Exam||English / Hindi (English compulsory for Section B of Paper 2)|
|Passing Marks||Minimum 40 marks in each paper; aggregate 50% (200 Marks)|
|Number of Papers||4|
|Conducting Body||The Institute of Chartered Accountants of India (ICAI)|
|Last Date of Registration|
|For May Attempt||31st December|
|For November Attempt||30th June|
|1.||Cost of Prospectus||200|
|2.||CA Foundation Registration Fee||9000|
|3.||Subscription for Students’ Journal (For One Year) (Optional)||200|
|4.||Subscription for Members’ Journal (For One Year) (Optional)||400|
|Paper No.||Paper Name||Parts||Type|
|1||Principles and Practice of Accounting (One Paper – 3 Hours – 100 Marks)||One Paper||Subjective|
|2||Business Laws, Business Correspondence and Reporting (One Paper – 3 Hours – 100 Marks)||Section A: Business Laws (60 Marks)||Subjective|
|Section B: Business Correspondence and Reporting (40 Marks)||Subjective|
|3||Business Mathematics, Logical Reasoning, and Statistics (One Paper – 3 Hours – 100 Marks)||Part A: Business Mathematics (40 Marks)||Objective|
|Part B: Logical Reasoning (20 Marks)||Objective|
|Part C: Statistics (40 Marks)||Objective|
|4||Business Economics, Business and Commercial Knowledge (One Paper – 3 Hours – 100 Marks)||Part I: Business Economics (60 Marks)||Objective|
|Part II: Business and Commercial Knowledge (40 Marks)||Objective|
|CA Foundation May Attempt|
|December||Take Admission for CA Foundation May Attempt|
|January to April||Prepare for CA Foundation May Attempt|
|May||Appear in Examination|
|CA Foundation November Attempt|
|June||Take Admission for CA Foundation November Attempt|
|July to October||Prepare for CA Foundation November Attempt|
|November||Appear in Examination|
|Difference||CA CPT||CA Foundation|
|Marks||200 Marks||400 Marks|
|Paper 1||Fundamentals of Accounting||Principles and Practices of Accounting|
|60 Marks||Objective Type||100 Marks||Subjective Type|
|Paper 2||Marcantile Law||Business Laws and BCR (Business
Corrspondence and Reporting)
|40 Marks||Objective||100 Marks (60+40)||Subjective|
|Paper 3||General Economics||Business Economics and BCK (Business
and Commercial Knowledge)
|50 Marks||Objective||100 Marks (60+40)||Objective|
|Paper 4||Quantitative Aptitude||Business Mathematics, Logical Reasoning
and Business Statistics
|50 Marks||Objective||100 Marks (40+20+40)||Objective|
To develop an understanding of the basic concepts and principles of Accounting and acquire the ability to apply the same in preparing financial statements, computing accounting ratios and simple problem solving.
To develop an understanding of significant provisions of select business laws and acquire the ability to address basic application-oriented issues.
To acquire and develop good communication skills requisite for business correspondence and reporting.
(a) To develop an understanding of the basic mathematical and statistical tools and their application in Business, Finance and Economics.
(b) To develop logical reasoning skills and apply the same in simple problem solving.
To develop an understanding of the concepts and theories in Business Economics and apply such concepts and theories in simple problem solving.
To develop an understanding of common business and commercial concepts and to keep abreast with developments in the business and commercial world.