What is the Entrance Exam after 12th to be CA

Every commerce student dreams of becoming a Chartered Accountant (CA) one day. CA Foundation by Institute of Chartered Accountants of India helps the CA aspirants to achieve their goals. CA Foundation Exam is a must for the aspirants who want to carve a niche in the sector of business accounting.

What is CA Foundation?

CA Foundation is an exam conducted on a national level in the month of May & November. It is taken up by the candidates who are aspiring to become Chartered Accountants in India. In compliance with the Chartered Accountants Regulations 1988, Institute of Chartered Accountants of India (ICAI) conducts and administers CA Foundation Exam twice every year.

Results: The Results for CA Foundation Exam will be tentatively published within 2 months after the exam is completed.

Correction Window: If you have made a mistake in the application form, ICAI will provide a correction window and in this period you can change the mistakes.

Exam Name	CA Foundation (earlier known as Common Proficiency Test)
Acronym	CA Foundation (earlier known as CA CPT)
Conducting Authority	The Institute of Chartered Accountants of India (ICAI)
Level of Exam	National
Exam Category	Undergraduate (UG)
Course Offered	Chartered Accountancy in India
Mode of Exam	Offline i.e. Pen and Paper-based Test (PPT)
Exam Medium	English/Hindi
Duration of Exam	3 Hours for each paper

CA Foundation Eligibility –

The aspirants must have passed 10+2 level (Senior Secondary) qualifying examination from a national or state-recognized Board of Secondary Education in India. The aspirants are required to register/ switch over to Foundation with Board of Studies (BoS) of ICAI.

Candidates should get his/her registration to Foundation Course re-validated in case it has been three years from their CA Foundation registration. This is because the CA Foundation course registration has a validity of three years.

Basic eligibility criteria are given below –

Education	10+2 (Senior Secondary) or equivalent
Age Limit	No Age Limit

CA Foundation 2020 Syllabus – 

Candidates preparing for CA Foundation should refer to the detailed syllabus for each subject. Because this gives them a better understanding of the type and content of questions to expect in the exam.

The questions in CA Foundation will be based on topics like Fundamental of Accounting, General Economics, Business Laws, and Quantitative Aptitude. CA Foundation syllabus is given in the following table:

Papers	Syllabus
1. Principles and Practice of Accounting	Theoretical Framework Accounting Process Bank Reconciliation Statement Inventories Concept and Accounting of Depreciation Accounting for Special Transactions Final Accounts of Sole Proprietors Partnership Accounts Financial Statements of Not-for-Profit Organisations Introduction to Company Accounts
2. Business Laws & Business Correspondence and Reporting	Section A: Business Laws The Indian Contract Act, 1872 The Sale of Goods Act, 1930 The Indian Partnership Act, 1932 The Limited Liability Partnership Act, 2008 The Companies Act, 2013 Section B: Business Correspondence and Reporting Communication Sentence Types Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal Verbs, Collocations & Idioms Comprehension Passages Note Making Introduction to basic writing Precis Writing Article Writing Report Writing Writing Formal Letters Writing Formal Emails Resume Writing Meetings
3. Business Mathematics and Logical Reasoning & Statistics	Part A: Business Mathematics Ratio and proportion, Indices, Logarithms Equations and Matrices Linear Inequalities with Objective Functions and Optimizations Time value of Money Permutations and Combinations Sequence and Series Sets, Functions, and Relations Basic concepts of Differential and Integral Calculus Part B: Logical Reasoning Number Series Direction Tests Setting Arrangements Blood Relations Syllogism Part C: Statistics Statistical Description of Data Measures of Central Tendency and Dispersion Probability Theoretical Distributions Correlation and Regression Index Numbers and Time Series
4. Business Economics and Business and Commercial Knowledge	Part I: Business Economics Introduction to Business Economics Theory of Demand and Supply Theory of Production and Cost Price Determination in Different Markets Business Cycles Part II: Business and Commercial Knowledge Business and Commercial Knowledge: An Introduction Business Environment Business Organizations Government Policies for Business Growth Organizations Facilitating Business Common Business Terminologie

How to apply for CA Foundation?

Candidates can follow these steps to apply for CA Foundation:

• Candidates can visit the official website www.icai.org and click on the ‘login/register’ icon.
• Register yourself as a ‘New User’ by filling all the required details and then by clicking on
  the & ‘Register’ button.
• You will receive your login ID and password on your registered email id.
• Now login and fill your details and address details for registration and save the details.
• Then fill the academic details, exam centres option, etc in the application form.
• Pay the application fee for CA foundation and then upload your scanned photograph and signature and click on the submit button. Now you have completed the application process.

Details regarding CA Foundation exam pattern  is given below:

Particulars	CA Foundation
Conducting Body	Institute Of Chartered Accountant Of India (ICAI)
Level of Exam	National Level
Frequency of Exam	Twice a Year ( May and December)
Mode Of Exam	Offline
Mode of Registration	Online
Number of Papers	4
Duration	3 hours for each paper
Negative marks	Only for Paper 3 and 4 (0.25), i.e is 1/4th of marks
Basic Eligibility	Appearing  in class 12th Board or Passed class 12th
Exemptions	Graduates and Post Graduates or Candidates with Equivalent Qualification
Official Website	icai.org
Difficulty level	Moderate