CA Foundation Complete Course Guide
CA Foundation is the first step to becoming a Chartered Accountant. It is the first step to realizing your big dream. A brilliant future is awaiting you, are you ready for it? CA Foundation exams happen twice a year, in May and November. To appear for the May attempt, you need to register yourself with the ICAI before 31st Dec (of the previous year). For the November attempt, you may complete the registration process before 30th June (same year).
So, all set to register yourself for CA Foundation? Before you embark on the process, take a minute to check your eligibility.
CA Foundation Eligibility
Students can register for CA Foundation only after appearing for Class 12 or subsequent exam. There must be a minimum 4 months study period between the date of registration and the date of the exam. To check the full eligibility criteria, click here.
CA Foundation Subjects
CA Foundation is a lot like its previous counterpart, CA CPT. Even then, both have their differences. Under the revised scheme of education introduced by ICAI, CA Foundation has 4 papers, which are allotted 100 marks each.
The subjective papers include: Principles and Practice of Accounting; Business Laws and Business Correspondence and Recording
The objective papers include: Business Maths, Logical Reasoning and Statistics, Business Economics and Business and Commercial Knowledge
For the objective papers, there will be negative marking for wrong answers, just like in CA CPT.
CA Foundation Registration
As already mentioned in the eligibility section, students will be allowed to register for the CA Foundation only after appearing for Class 12 examination conducted by an examining body constituted by the Law in India. All registration for CA Foundation must happen online. To register for any given attempt, students are requested to visit the ICAI official website (www.icai.org) and follow the instructions given therein.
Check out this blog for a step by step guide to CA Foundation registration.
CA Foundation Application Form
After registering for the Foundation Course, aspirants are also required to fill in a separate application form to answer the exam.
Important Date for CA Foundation Application Form
CA Foundation Exam Event
Application form of CA Foundation begins
20 Feb 2019
Last date to fill the application form of CA Foundation 2018 (without late fee)
16th March 2019
Last date to fill CA Foundation application form 2018(with late fee)
23rd March 2019
Last date to send the printout of CA Foundation application
(applicable to those whose photograph and signature doesn’t appear on their applications)
CA Foundation application correction window I (without fee)
CA Foundation application correction window II (with fee)
Availability of CA Foundation Admit Card
27th April 2019 (tentative)
CA Foundation Exam
|4th, 7th, 9th & 11th June 2019|
Please note that the dates in the table pertain to the last CA Foundation exam held in November 2018. The application dates for the upcoming attempt is not released it. The CA Foundation May 2019 exam dates will be updated with new dates as soon as they are released by ICAI.
CA Foundation Syllabus
Between CA CPT under the old scheme and CA Foundation under the new scheme, a lot has changed. In CPT, there were 4 papers for a total of 200 marks. In CA Foundation, there are 4 papers for a total of 400 marks. Topics like General English (40 marks) and Business and Commercial Knowledge (40 marks) are completely new additions to CA Foundation that was not there in CA CPT.
To get access to the full CA Foundation syllabus, click here.
CA Foundation Admit Card
The CA Foundation Admit Card can only be downloaded online. The admit card is usually released some 15 days before the exam. To download the admit card, the students will have to visit the ICAI official website (icai.org). Soon after downloading the admit card, run a check for discrepancies. If found, notify the authorities immediately. For the latest updates on CA Foundation admit card, call at 1800-212-8575.
CA Foundation Results
There are 3 ways in which students can check the Foundation May 2018 results:
- Firstly, students can log in to the ICAI website with their user id and password, and follow instructions to check result.
- Secondly, students can receive results via SMS by sending CAFoundation (space) ‘Roll Number’ to 58888
- Thirdly, students can register their e-mail id with ICAI and get their results delivered in their mailbox.
To check the CA Foundation results for your attempt, click here.
CA Foundation Study Plan
Let us divide four papers into two sections:
- Principles and Practices of Accounting.
- Business Law & Business Correspondence and Reporting.
- Business Mathematics and Logical Reasoning & Statistics.
- Business Economics & Business and Commercial Knowledge.
Study Section-wise: One Section every alternate day.
First Step: Start studying with new chapters, study them in details and understand the concept thoroughly. During this phase, you can take sufficient time for each chapter.
Second Step: Go through the chapters which you have already studied before in your earlier grades. Revise them and study new concepts, if there are any. These chapters will take lesser time as compared to brand new chapters.
Last Step: Learn theory chapters and make necessary notes as and when required.
For a full-fledged study plan relevant to your attempt, click here.
CA Foundation Exam Papers
How can you step up your preparation for CA Foundation? Fall back on solving the exam papers. The CA Foundation exam papers are an important study resource as it gives you an idea about the exam paper pattern and the difficulty level of the questions. To further emphasize, CA Foundation exam papers provide students with a platform to familiarize themselves with the experience of the actual examination and help them understand how much effort is required to crack the exam. Click here to download CA Exam papers for all subjects.
CA Foundation Study Material
The study material for CA Foundation is published by the ICAI, and it is one of the most important study resources for the Level 2 CA exams. The study material published by ICAI is designed, keeping in mind the needs of home study and distance learning. Since the syllabus for CA Foundation has been largely altered, the CA Foundation study material will serve to provide the most authentic guidance that the students can bank on to sail through the unknown.
CA Foundation Recorded Videos
Cracking CA Foundation all by yourself can be quite a challenge. CA Foundation is a tad more difficult to crack than CA CPT, and you need someone who can guide you well. Study for CA Foundation with the most sought after faculties. Join CA Foundation Online Classes with the faculty of JK Shah Classes, and watch recorded videos anywhere, anytime, many times.
Still, have more questions about CA Foundation? Don’t let them go answered. Call our CA Experts at 1800-212-8575