CA Foundation

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CA Foundation

CA Foundation is the entry-level exam for students aspiring to become Chartered Accountants in India. Conducted by the Institute of Chartered Accountants of India (ICAI), this exam assesses students’ knowledge in accounting, business laws, economics, and quantitative aptitude.

Key Features of CA Foundation

  • Eligibility Criteria:

    • Students must have completed Class 12 or its equivalent from a recognized board.
    • Registration with ICAI is mandatory before attempting the exam.
  • Exam Structure:

    • The CA Foundation exam consists of four papers:
      1. Principles and Practice of Accounting
      2. Business Laws and Business Correspondence & Reporting
      3. Business Mathematics, Logical Reasoning, and Statistics
      4. Business Economics and Business & Commercial Knowledge
    • Papers 1 and 2 are subjective, while Papers 3 and 4 are objective with negative marking.
  • Syllabus Coverage:

    • The syllabus focuses on fundamental accounting principles, business laws, quantitative techniques, and economic concepts essential for financial decision-making.
  • Exam Frequency:

    • CA Foundation is conducted twice a year, in May and November.
  • Career Opportunities:

    • Clearing CA Foundation opens the pathway to the Intermediate and Final levels of the CA course, leading to a professional career in auditing, taxation, and financial management.

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