What is the CA Foundation examination?
CA Foundation examination is conducted for the 1st phase of the CA course. It is mandatory for the entry-level stage of the course and will assess the knowledge of the aspirants in subjects like Accounting, Law, Economics and Mathematics. Only after qualifying the CA Foundation, they can proceed to the Intermediate and eventually the Final phase.
Can candidates edit the CA Foundation application form 2025?
Yes, the ICAI is expected to provide a form correction window during which candidates can edit the CA Foundation application form 2025. However, they will only be able to modify or correct the data of certain fields of the form and not the entire application.
Is negative marking applicable in the CA Foundation examination?
Yes, negative marking is applicable in the CA Foundation examination for Paper 3 (Quantitative Aptitude) and Paper 4 (Business Economics). For per wrong attempts, 0.25 will be subtracted. The qualifying mark for the individual papers is 40%, while the overall aggregate should be 50% at least.
What major subjects must be covered by the students to prepare for the CA Foundation?
The major subjects that must be covered by the students to prepare for the CA Foundation include Accounting, Business Law, Quantitative Aptitude, and Business Economics. It is mandatory to appear for each paper. Paper 1 (Accounting) and Paper 2 (Business Laws) will have subjective type questions, while, Paper 3 (Quantitative Aptitude) and Paper 4 (Business Economics) will have objective style questions.
What is the eligibility for the CA Foundation examination?
As per the eligibility criteria for the CA Foundation examination, the candidates must have completed 10+2 from a recognised board or an equivalent qualification. Apart from that they have to register with the ICAI Board of Studies for a minimum of 4 months or before the 1st day of the month in which the Foundation examination is slated to be administered.
What is the process to register for the CA Foundation examination?
To register for the CA Foundation examination, it is necessary to visit the official site. Once the registration link is activated, the applicants must fill in all the required particulars, and ensure the account is validated by generating OTP. Once the validation is complete the login details will be sent via email or SMS, which they can use to sign in and complete the form and pay the required fees.
When is the deadline for CA Foundation registration for May 2025?
The deadline for CA Foundation registration for May/ June 2025 is January 1, 2025. Aspirants are suggested to refer to the official portal for any updates regarding the schedule.
What is the examination fee for the CA Foundation examination?
For Indian exam centres, the examination fee for the CA Foundation examination is Rs 1500. Applicants have to pay the examination fee online via Credit/ Bhim UPI/ Rupay Card/ Debit Card/ Net Banking etc.
Where will the CA Foundation 2025 examination be organised in India?
CA Foundation 2025 examination dates have not yet been disclosed. Test takers are advised to regularly check the official site for updates on the schedule.
What is the CA Foundation registration fee?
For Indian students, the CA Foundation registration fee is Rs 9000. For foreign examinees, it is $700. Those from Jammu & Kashmir and the Northeastern States will get a concession in the registration fee. They must verify the same from the official website.