Get Complete Course Guide on CA Foundation Exam 2020-2021

CA Foundation Exam

CA Foundation Exam: CA Foundation Exam is an entry-level exam for students who want to pursue their career in Chartered Accountancy. It is a national-level exam that includes 4 papers conducted by the Institute of Chartered Accountants of India (ICAI) twice a year as once in May and in December. The students can only apply and appear for the CA Exam for Foundation course if they have cleared Class 12th.

Read further to get complete details about CA Foundation Exam, Syllabus, Exam Pattern, CA Foundation Books, CA foundation guide and Papers.

CA Foundation 2020-2021

ICAI Chartered Accountant Foundation is an entry-level test organized by ICAI for CA aspirants. You can appear in the exam every six months. 12th examination appearing aspirants can register for the CA Foundation course. The ICAI forms the difficult entry-level Chartered Accountant Foundation exam better than CPT.

Crack The Exam Easily and Chase Your Dream

basic

Download CA Foundation Ultimate Study Materials to Boost Preparation

CA Study Packages for Foundation Level 

CA Study Materials for Foundation Level

Chartered Accountant Foundation Scanners

CA Foundation Combo Study Materials

CA Foundation Exam | Overview

Here you can find an overview to follow in CA Foundation Exam 2020-2021. You can register in May/ Nov every year to appear in the examination.

  • Eligibility –You should accomplish the 12th examination. As per CA Eligibility, then only, you will be eligible to get register in this course and appear for the exam.
  • Preparation – After complete registration, you will get four months to prepare for the exam. By creating a better CA Foundation Study Plan and with the best CA Study Materials for Foundation Exam, you can do perfect preparation.
  • Application Form – You have to fill the CA Application Form through the ICAI portal for the Foundation exams.
  • Admit Card – The ICAI releases the CA Admit Card 21 days before the exams. You can easily download your admit card from the ICAI portal. Keep in mind that they will not send your admit card via post.
  • Error Correction – They are providing error correction facilities. You can easily apply for the correction of your application form. ICAI has provided the facility of two correction windows, each has a separate time limit.
  • One Month Preparation  You should prepare seriously in this period and check out for the best CA Preparation Tips. Revise the various topics you have covered earlier. Solve the mock test, previous exam papers, and CA foundation jan 2021 question paper with solution to build a better time management skill in the exam, and develop confidence. It will help you to get a high score. You should prepare for a high score.
  • Result – You have to wait approximately two months to get the CA Result. You can easily check the CA Result via the official website of ICAI.

Get Other Highly Important Essentials for CA Exam

ICAI CA Foundation Exam 2020-2021

You can get a chance to attend the exam in six months. Generally, it is conducted in MAY and November. You can easily register for this course after appearing in the 12th examination or after passing the 12th Examination.  But, this year CA Foundation Exam for the month of May 2020 will be held in the month of December 2020 and the students who have done opt-out of their exam will be held in the month of January 2021.

You will get a preparation period of four months after registration for the exam. That means you have to register yourself in December 2020 to appear in the May 2021 Exam. On the other hand, you can also do the registration in June 2021 to appear for November 2021 examinations.

You have to know the complete syllabus to make your high preparation level. The entire Foundation syllabus is divided into four subjects –

  1. Principles and Practices of Accounting
  2. Business Law and Business Correspondence and Reporting
  3. Business Mathematics and Logical Reasoning and Statistics
  4. Business Economics and Business and Commercial Knowledge

ICAI CA Foundation Exam | Registration Procedure

ICAI lets you the facility to apply online for the Chartered Accountant Foundation Exam. You can register via the ICAI portal. After filling in all respective details and paying fees online, you have to submit the CA Application Form online. Once the payment is successful, it will automatically generate the form which is required to get print.

You should sign the printed form and send it within 7 days to their official address along with the following documents –

  • Your attested Copy of the Admit Card/ Marksheet of class 12th examination issued by the respective board.
  • You should affix the latest colored photograph on the hard copy of such registration form.
  • If you are residing is in another country, then attested a copy of proof of Nationality.
  • Attested copy of proof of special category certificate, i.e. ST/SC/OBC, differently-abled.
  • You have to provide an attested copy of the 10th Marksheet/ Admit card indicating the Name and Date of Birth.

Once the registration is accomplished, it will be valid for three years. After that, you have to pay a fee as decided by the ICAI.

If you want to appear for the exam in May/Nov 2021 and not registered yet, then read this guide to know CA Foundation Complete Registration Procedure.

CA Foundation Registration Fees

You have to pay a fee to complete the registration. The CA Foundation Exam fee structure is as below.

S. No.

Details of Fees

Rupees

For Foreign Students (US $)

1.

Cost of Foundation Prospectus

200

20

2.

Foundation Registration Fees

9000

700

3.

Subscription for Students Journal (For one Year- Optional)

200

20

CA Foundation Exam Application Form

You will not be able to appear for the exam just after registration. You need to send the printed application form to the official address of ICAI. Note that, if your photograph and signature are already appearing on the PDF, then it is not required to send the hard copy/print out of such PDF to the Exam Department.

You have to send your printed form in an envelope (without folding) by speed post to the 

Joint Secretary Exam (Examination Department),

The Institute of Chartered Accountants of India,

ICAI Bhawan, Indraprastha Marg, New Delhi – 110002.

CA Foundation Exam Syllabus 2020-2021

The students must check the syllabus of ICAI Exams to know the subjects and topics that will be covered in the CA Foundation Exam so as to prepare accordingly. The CA Foundation Syllabus 2020-2021 focuses on enhancing the students’ application skills & promoting comprehensive knowledge.

PAPERS

CA Foundation Syllabus 2020-2021

Subjects

Paper 1

Principles and Practice of Accounting

 

Paper 2

Business Laws and Business Correspondence

Business Laws

Business Correspondence and Reporting

Paper 3

Business Mathematics, Logical Reasoning, and Statistics

Business Mathematics

Logical Reasoning

Statistics

Paper 4

Business Economics and Business & Commercial Knowledge

Business Economics

Business and Commercial Knowledge

CA Foundation Exam Pattern

The Institute of Chartered Accountants of India (ICAI) has released the CA Foundation Exam Pattern. Before starting the preparation of the CA Foundation Exam, you must know the complete details of the exam pattern of the CA Foundation so as to prepare yourself efficiently and appear for the CA Foundation Exam with the confidence to get good scores.

It includes several aspects of the question paper like medium and type of questions to be asked, distribution of marks, time limit, and many more. You must follow the below details as per the CA Foundation Exam Pattern:

Papers

Sections

Marks

Paper 1

Principles And Practice Of Accounting

100

Paper 2

Business Laws And Business Correspondence

 

a) Business Laws

60

b) Business Correspondence And Reporting

40

Paper 3

Business Mathematics, Logical Reasoning, And Statistics

 

a) Business Mathematics 

40

b) Logical Reasoning

20

c) Statistics

40

Paper 4

Business Economics And Business & Commercial Knowledge

 

a) Business Economics 

60

b) Business and Commercial Knowledge 

40

  • You will have the option to choose a question paper in two languages such as English or Hindi.
  • Each paper includes a maximum of 100 marks and the exam duration of time is three hours for every paper.
  • Paper 1 & Paper 2 consist of subjective type questions and Paper 3 & Paper 4 consist of MCQs.
  • There is a negative marking for wrong answers in objective types of questions and 1/4th marks are deducted for every wrong answer.
  • The students need to score 40% marks on every paper & aggregate 50% marks in all the papers to clear the CA Foundation Exam.

CA Foundation Exam Time Table 2020-2021

Check out the timetable for Paper 1, Paper 2, Paper 3, and Paper 4 from the table below:

Paper

Subjects

Exam Dates

Examination Timings

1

Principles and Practice of Accounting

21st January 2021

2.00 PM to 5.00 PM

2

Business Laws and Business Correspondence and Reporting

23rd January 2021

2.00 PM to 5.00 PM

3

Business Mathematics and Logical Reasoning & Statistics

25th January 2021

2.00 PM to 5.00 PM

4

Business Economics and Business and Commercial Knowledge

28th January 2021

2.00 PM to 5.00 PM

CA Foundation Exam Study Material

The students can easily clear the CA Foundation Exam after knowing the CA Foundation Exam Pattern & Syllabus and with better preparation materials.

  • They need to test their level of preparation by practicing more & more from CA Foundation books.
  • Practice CA Foundation Mock Tests 2020-2021.
  • Practice CA Foundation Previous Year Papers
  • The students should also take CA Foundation, online classes.

Download CA Foundation Exam Study Materials PDF

CA Foundation Admit Card

Without a valid CA Foundation Admit Card, you will not be able to appear for the exam. You can download the CA Admit Card generally 21 days before the exam. If any errors in your admit card, please inform the ICAI authority as soon as possible.

You will get the facility to download the admit cards maximum of three times. You should take the printout at least 10 days before the exam to avoid a last-minute hurry.

Correction Window in CA Foundation

You will get two windows for correction as below.

  • Free Window Facility– You can change your Center/Medium within one week after the last date of the application form (without late fees) via the official site.
  • Correction Window Facility (with fees) – You can change your Center/Medium with the payment of Rs. 1000/- per application. Generally, it is available for correction up to one week before the exam.

You should also require to carry your registration form at the CA Exam Center along with the admit card to avoid any mistakes.

CA Foundation Result

You will able to check your results approximately two months after the exam. You need to visit the official website of ICAI CA. In order to check the CA Result, candidates must follow the steps given below.

Steps to Check CA Foundation Result

  • Step 1: Go to the official website – icaiexam.icai.org
  • Step 2: Click on the ‘Results’ option
  • Step 3: Now click on ‘Foundation: May 2020-2021’ from the links available
  • Step 4: Enter your roll number and PIN or registration number
  • Step 5: Copy the captcha code and click on the ‘Check Result’ button
  • Step 6: Your CA Foundation 2020-2021 Result will be displayed on the screen, take prints for future references.

CA Foundation Merit List

The exam authorities will release the merit list of candidates who will be shortlisted in the CA Foundation 2020-2021 result. Candidates can check the merit list by following the process provided below.

Steps to Check Chartered Accountant Foundation Merit List

  • Once you have reached the result links, scroll down to the merit list links
  • Click on ‘Foundation: May 2020-2021’ under ‘Check Merit List’
  • A login window will appear on the screen
  • Enter your registration number or roll number
  • Enter the captcha code
  • Click on the ‘Check Result’ button, the merit list will be displayed on the screen.

CA Foundation Online Coaching

You can prepare CA Foundation by yourself with the best study materials. Along with the study materials and books, you can join the CA Foundation Online Coaching institution to develop a better base on every topic. It will enhance your depth of knowledge to get a good score.

CA Foundation Exam 2020-2021 | Study Plan

After completion of your registration, you should check the Foundation Syllabus and make a Study Plan for CA Foundation according to it. Make sure you have enough best CA Foundation Books and Study Materials.

Don’t just think to crack the exam instead of prepare for a high score. Dream big from the beginning so that you will not face failure in the entire journey as a CA student.

FAQ’s Related To CA Foundation Exam 

What is the mode of CA Foundation Paper 3 Exam?

The mode of CA Foundation Paper 3 Exam is computer-based exam.

In the CA Foundation Exam, are fractional scores rounded up to absolute marks?

The scores are rounded off to the next complete level, according to the latest CA Foundation Exam Standard.

Is it possible for an individual to skip a question and come back to it later in CA Foundation?

An applicant may attempt to answer the question in whatever order he or she wishes in CA Foundation Test.

What will be the medium of questions for the CA Foundation Test?

Questions will be given in both English and Hindi in ICAI Foundation Exam.

What is a CBE (Computer-Based Examination) in CA Foundation?

In the CA Foundation CBE, an applicant sits for an assessment that is performed exclusively on a computer, eliminating the need for pen and paper.

When should a candidate report at the ICAI examination center?

One hour before the scheduled time of the start of the CA Foundation examination.

Is it appropriate to have prior computer skills to conduct the CS Foundation CBE?

No. In the CA Foundation CBE, applicants just have to know how to use a computer mouse.

Who will help the applicants in the case of a computer or Local Area Network (LAN) problem during ICAI Foundation Exam?

In the case of an emergency during ICAI Foundation Exam, an IT specialist will be on hand to support the applicants.

Can you provide me the ICAI exam helpdesk no.?

Yes. The CA exam helpdesk no. is 1800 419 2929.

Now you have detailed information on CA Foundation Exam 2020-2021. Feel free to ask any queries related to ICAI in the comment section below.

14 thoughts on “Get Complete Course Guide on CA Foundation Exam 2020-2021”

  1. I have a query I am from 2021 batch waiting for board exams and don’t know how much time we have to wait for result for 12th
    So can I give CA foundation in 2022 batch
    Means droppers can appear for CA foundation exams or not ?

    Reply

Leave a Comment