CA Foundation

ICAI CA Foundation Course 2022 Registration, Eligibility, Fees, Syllabus

ICAI-CA-Foundation-Course

Chartered Accountancy is a route that encourages CA aspirants towards creating a brighter future for themselves and has vast career opportunities in the field. However, from many past decades aspirants prefer to pursue CA once their graduation has been completed. CA Foundation Test is picked by candidates who want to establish their career in the financial fields such as Finance, Law, Economics & Accounts. By studying chartered accountancy, Students will develop their ability to understand Taxation, Budgeting, Accounting, Cost, Consulting & the Financial Management System within an organization. So, if you want to get into the field of accounts & financing and eager to handle pivotal  position in the company’s management then its a great opportunity which you should must take. Moreover, CA exams are counted in the list of toughest examinations in the world.

In this article we are going to cover the details about ca foundation course, eligibility criteria, syllabus, exam pattern, exam levels, exam duration, registration & exam fees for CA Foundation 2022 exams.

What is CA Foundation Course?

The CA Foundation Course is the entry-level of Chartered Accountancy course. Also, its a part of the new curriculum implemented by ICAI on 1st July 2017 which has replaced the Common Proficiency Test. The Exams for CA Foundation conducts twice a year i.e. May & Nov.

Details of CA Foundation Course 2022

Below are the important information regarding the CA Foundation Course 2022 such as exam name, conducted by, eligibility, exam level, exam duration, exam mode.

Exam NameCA Foundation
Conducted byInstitute of Chartered Accountants of India (ICAI)
Exam LevelNational Level
EligibilityStudent appearing for class 12th exams or already cleared 12th
Exam Duration3 + 2 Hours
Examination ModeOffline
CA Foundation Complete Fees(11,300 Rs) including registration fees, examination fees, and others charges & (1105 $ For Foreign Students)
FrequencyMultiple times in a year
CA Foundation Registration ValidityValid till November 2025
CA Foundation Cut Off40 % marks in each subject or 50 % marks overall
CA Foundation Course Duration4 Months

Important event dates for CA Foundation’s May 2022 attempt

EVENTSDATES
Last Date of Registration for May 20221st Jan 2022
Exam Form date for May 2022 Attempt21st Feb till 13th March
CA Foundation Exam Date (Revised)In June 2022
Admit Card Releasing Date9 June 2022

CA Aspirants may checkout the CA Foundation Time Table May 2022 Examinations here by clicking on the link.

New Read: CA Foundation Exam Form Out Now. Click Here to Fill the CA Foundation Application Form fill up for May 2022 Examination.

Eligibility criteria to appear in CA Foundation 2022 examination

A candidate must adhere to certain eligibility criteria that are fundamental to the application process before filling out the form.

There are specific conditions listed below that have to be met before applying for the CA foundation by the ICAI:

  • In order to be eligible, the candidate must have completed his or her senior secondary education or its equivalent from a recognized board or university.
  • Students who had cleared their 12th from arts or science background are also eligible for the CA Foundation exam.

ICAI has now enabled class 10th students to register for CA Foundation course before passing Class 10 examinations. In addition, this preliminary admission will only be modulated or regularised after the candidate passes their 12th grade exams.

In order to pursue CA, Graduates and Postgraduates can directly register for the Intermediate CA exam using the Direct Entry System. Therefore, the Foundation CA exam is not required for them.

For more detailed information about eligibility you can Read More.

Registration for the CA Foundation Course 2022

When students pass their 12th exam and want to become CAs and are interested in completing the CA Foundation Course, they need to register themselves with ICAI and pay the prescribed registration fee to complete the registration procedure. However, Last date for registration for the May 2022 attempt is 1st January 2022. In case any student missed this attempt then student can register for Nov 2022 attempt on 1st July 2022.

Any candidate can register on its own by going to the official website of ICAI for appearing in CA Foundation 2022 course, Students have to keep in mind that there is no other offline method for registration, it can be only done online through ICAI portal.

While filling out the registration form, Make sure to fill the correct details in the registration form because if mistake has been done in form then student has to pay the additional cost for correction on the registration form.

Registration Procedure for the Foundation Course 2022

First, You have to go to the ICAI portal, Then move toward Course Registration Forms under the students Tab. After that, you can register yourself for the CA Foundation course there. The registration is open for the CA Foundation Course of May 2022 attempt, as the last date for registration is till 1st January 2022.

ca foundation course

To know more about the CA Foundation Registration Procedure Click Here.

Once, student completes the process for CA Foundation Registration, ICAI will dispatch the CA Foundation Study Material. In order to prepare students with the proper syllabus for their upcoming CA Foundation exams.

Checkout the link to know about complete CA course duration & CA Exam Pattern for Foundation, Intermediate and Final.

Required documents for CA Foundation Registration

Below are the required documents for CA Foundation Registration:-

  1. Marksheet of Class 10th Exam.
  2. Admit Card of 12th Class Exam.
  3. Passport Size Photographs.
  4. Nationality Proof (Required for Foreign Students)

CA Foundation Registration Fees Details 2022

For instance, students have to pay the full fees of Rs 11,300 including miscellaneous charges for the CA Foundation course. There are three main parts of fees which are Registration Fees, Exam form Fees & Extra cost. However, if a student wants to be part of the journal membership then they have to pay (200 Rs) as a one time fees to be the part of journal membership.

Fees structure table for CA Foundation Course 2022

S.No.Fees DetailsIn Rupees (For Indian Students)US $( For Foreign Students)
1Cost of Foundation
Prospects
20020
2CA Foundation Registration
Fees
9000700
3Subscription Fees for Student’s
Journal (Optional)
20020
4Subscription Fees for Member’s
Journal (Optional)
40040
5CA Foundation Exam Form
Fees
1500325
Total113001105

Validity of CA Foundation 2022 Registration

Once a student has registered for the CA Foundation course then the registration is valid for 3 years from the date of registration. For instance, If a student is unable to clear the CA Foundation exam in the first attempt then they have 5 more attempts to pass the exams without paying any extra cost for registration fees.

CA Foundation Syllabus for 2022 Examination

Entry-level exams to become a CA cover a broad range of topics, including inventory, financial statements, production and costs, business organizations, and regulatory bodies. The 1st and 2nd papers are objective, whereas the other 2 are subjective. Candidates have to score a minimum of 40% in every paper and 50% overall to pass the CA foundation course.

Given below is the CA Foundation Syllabus table divided into four papers:

CA Foundation PapersSections
Paper 1:Principles and Practises of Accounting
Paper 2: Business Law & Business
Correspondence & Reporting
Section A – Business Law

Section B – Business Correspondence
and Reporting

Part l – Communication
Part ll – Sentence Type and Word Power
Part lll – Comprehension Passage and Note Making
Part lV – Developing Writing Skills

Paper 3: Business Mathematics,
Logical Reasoning, and Statistics
Part A – Business Mathematics
Part B – Logical Reasoning
Part C – Statistics
Paper 4: Business Economics and
Business and Commercial Knowledge
Part A – Business Economics
Part B – Business and Commercial Knowledge

Important noteStudents will not receive advance reading time in Paper 3 and Paper 4 of the examination, but there will be 15 minutes allotted to them for Paper 1 and Paper 2.

CA Foundation Marking Pattern

CA Foundation Course comprises 4 papers two of them are subjective and two papers are objective. However negative marking for the wrong answers will remain the same in objective papers i.e. for each wrong answer ICAI will deduct ¼ marks and for each correct answer candidate will be given 1 mark. Two new subjects are also introduced in the new CA Foundation course syllabus seeing their importance. Students require to get 40% in individual subjects comparing to CPT in which they needed only 30% in individual subjects in CA Foundation. However, the aggregate percentage will remain the same i.e. 50%.

Below is the CA Foundation Marking Pattern Table for 2022 CA Foundation Exams:

CA Foundation PapersSectionsMarks
Paper 1: Principles and Practises of Accounting100
Paper 2: Business Law & Business
Correspondence Reporting
Section A – Business Law
Section B – Business Correspondence
and Reporting
60
40
Paper 3: Business Mathematics,
Logical Reasoning and Statistics
Part A – Business Mathematics
Part B – Logical Reasoning
Part C – Statistics
40
20
40
Paper 4: Business Economics and
Business and Commercial Knowledge
Part A – Business Economics
Part B – Business and Commercial Knowledge
60
40

If you need mock test papers for practice, then check the link of Mock Test Papers for better practice of CA Foundation Examinations may 2022.

CA Foundation Exam Form for May 2022 Examination

Registration in the CA Foundation course does not mean that you can appear in this exam. Students need to file a CA foundation exam Application form to be eligible for the exam. Students are required to fill an exam form on the official ICAI website by using their same CA Foundation registration number and password submitted at the time of registration. So, students please make sure to submit your exam form before the last date for submitting Ca Foundation Exam Form that is between 21st Feb till 13th March.

While filling the exam form, Username will be the registration number for example CRO254123. This username will remain the same till the filing of the CA Final exam form. However, you can reset the password as and when required.

CA Foundation Admit Card Details

In order to appear in the CA Foundation May 2022 examination, Students require the admit card for the may 2022 attempt. However, ICAI issues the CA Foundation admit card in the last week of april. Students can download the admit card only from the ICAI official website in the last week of april. For downloading admit card student has to login into their account of ICAI portal after that they can download it from there. The admit card contains the student’s registration number, his/her name, roll number, examination center, timetable. The students can download their admit cards up to three times from the portal. They are required its print out to get enter into the examination hall

How should you prepare for the CA Foundation May 2022 exam?

  • Create a proper schedule and follow it.
  • Allocate time for each subject.
  • You should also read the study material provided by ICAI.
  • Try to complete the syllabus one month before the exams so that you can review the material at least three or four times.
  • For quick revision, solve mock test papers.
  • Get an idea of the exam pattern by solving previous year’s question papers.

Get more detailed information for preparation: How to Clear CA Foundation

Confirmed date of CA Foundation June 2022 Result

ICAI will declare the CA Foundation result just after two months after the last exam. This year ICAI is expected to declare CA Foundation result June 2022 till the last week of August, according to the Past trends. Students can check and download their CA Foundation June 2022 result directly on ICAI portal under the students tab.

Also, Read Our Blogs on CA Foundation Exam Tips and Preparation Strategy

Frequently Asked Questions

Q1. Is it possible to apply for the CA foundation course after completing an MBA?

Ans: CA foundation courses are not applicable to you. You may apply to the CA Intermediate Course directly.

Q2. What are the CA foundation subjects needed to study for the upcoming exam?

Ans: The CA foundation subjects are as follows:

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

Q3. When will I be able to register for the CA foundation if I am in 12th standard and will have my exams in May?

Ans: To appear for exams in December, you can sign up for the CA Foundation exam in August.

Q4. Would it be possible for me to apply, as I am from Canada?

Ans: Yes, You can apply for that you have to submit the proof of nationality at the time of registration.

Q5. What is the expected waiting time for CA Foundation admit card in 2022?

Ans: Admit card is issued within 15 days of registration. If a student does not receive notification for an admit card from ICAI Over 20 days, one should contact the registered office.

Q6. The details I entered in registration form are incorrect. What should I do?

Ans: You can change your information by going to the recheck window provided by ICAI. It’s  totally free for the first time. However, You can’t change your name & date of birth.

Q7. How much time will I get to study for the exams?

Ans: ICAI provides you mandatory preparation time between registration and exam date. It consists of a 4 month study period.

Follow the top 10 secrets for sure success in the CA Foundation exams.

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