CA Foundation Course is the entry-level in the Chartered Accountancy course. It is 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 and Nov similar to other levels in the Chartered Accountancy course. The next exam will be held in May 2021.
For appearing in CA Foundation exams, students need to register themselves with ICAI by following the proper CA Foundation registration process with prescribed registration fees.
After completion of the CA Foundation registration process, ICAI will dispatch the latest CA Foundation study material. So that students can start studying for their upcoming CA Foundation exams with the proper CA Foundation syllabus.
Also, check the Mock Test Papers for better practice of CA Foundation Examinations May 2021.
CA Foundation 2021 – Important Dates
Updation will be done after ICAI official announcement
For the Complete Application Procedure of the Ca Foundation Course, follow the given link.
|Opening of Online Examination form May 2021 examination||20th April 2021|
|Last date for submission of the online examination form (without late fees)||4th May 2021|
|Last Date for Submission of Online Examination Form (with late fees of Rs 600/- or US$ 10)||7th May 2021|
|CA Foundation Admit Card date May 2021 examination||To be announced soon|
New Read: CA Foundation Exam Form Out Now. Click Here to Fill the CA Foundation Application Form fill up May 2021 Examination.
Eligibility Criteria to appear in CA Foundation 2021 examination
This is an entry-level test designed similar to the other courses. A student can register himself or herself with the ICAI for the CA Foundation Course after appearing in the 12th examination conducted by the examining body constituted by law recognized in India or an examination recognized by Central Government or equivalent thereto.
To appear in the May 2021 CA Foundation examination a student needs to get himself/herself register with ICAI on or before 31st December 2019 and in order to appear in the May 2021 examination, one must complete the registration process on or before 7th May.
A student registered for the CA Foundation Course can appear in this examination after passing the 12th examination and completing minimum 4 months of the study period.
For more detailed information you can Read More.
CA Foundation Paper Pattern
Unlike CPT, all the four CA Foundation papers held at different dates along with one-day preparation leave in each of the papers.
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%.
Candidates clear this exam based only on their eligibility and not upon any reservation system. This is also one of the major advantages of choosing this reputed course. Chartered Accountancy course is considered as one of the toughest courses but CPT is considered quite easy. The result of CPT generally lies between 30%-40%. This will get a major impact due to the implementation of the CA Foundation.
Registration Procedure for the Foundation Course
A student can get registration in the CA Foundation course by filling an online registration form available on the ICAI website in course registration forms under the student’s tab.
He/She needs to pay the required fees after filling the registration form through the payment gateway. After making such payment, the system will generate a form, the student would require to take a printout of this form. Its copy is required to be deposited to the concerned regional office after self-attesting (duly signed by the candidate himself/herself) within 7 days of completion of online registration along with the following given documents:-
- Duly signed printout of the online registration form.
- Attested copy of Admit Card/ Mark sheet of 12th Examination issued by the recognized examining body.
- One latest color photo of the candidate needs to be affixed on the registration form.
- Attested copy of proof of Nationality, if a candidate is a foreigner.
- Attested copy of proof of special category certificate i.e. SC/ST, if candidate if the differently-abled person.
- Attested copy of 10th Marksheet.
After completion of the above registration process students can either collect the study material from the concerned regional office (within one month) or it will be sent to the candidate through the Centralised Dispatch System.
However, the registration will not get canceled if the student is not able to pass the examination in either one or two attempts or if he/she will not able to appear in the exam due to any reason. The registration will be valid for 3 years and also it can be revalidated any number of time for further 3 years after making a payment of 300/- as revalidation fees or as decided by the council from time to time.
To know more about the CA Foundation Registration Procedure Click Here.
Procedure to appear in the CA Foundation Examination 2021
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 make them eligible to sit for the exam.
For this, students need to fill an exam application form on the ICAI website by using his/her CA Foundation registration number and password mail on his/her primary id submitted by him/her at the time of registration. The form is required to be submitted to the date declared by the council.
The 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.
In order to appear in the examination hall, students require collecting the admit card for the May 2021 exam from the ICAI website which is generally issued before 21 days from the examination date. Admit cards are not sent physically to the students, you can only download them from the ICAI portal by logging into their account. 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.
Also Read: How to Clear CA Foundation
Expected date of CA Foundation May 2021 Result
Students can check their CA Foundation result from the given link. In order to download your result, one has to submit his “Registration Number”.
Frequently Asked Questions
Q1. How much time does it require to complete the CA foundation course?
Ans: In four months’ time duration you can complete the CA foundation course. You can even check out the time duration of CA after class 12th.
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. How to prepare for the CA foundation course?
Ans: To prepare for the CA foundation course, you need to follow the given tips
- Plan your studies.
- Try to have a crystal clear concept rather than learning topics.
- Take a short interval between your study time.
- You must know your goals.
- Prepare your own short notes.
- Solve practice papers.
Follow the top 10 secrets for sure success in the CA Foundation exams.