Chartered Accountancy (CA) – Foundation
This is the entry-level course (First stage) especially suitable for school students and also those pursuing UG courses in their early years.
As the name suggests, it is ‘Foundation’ course. It sets the foundation for CA course. So, even if you are from a science background – you can join this course and everything is taught from basics!
Important Requirements Of this Course
EXTRA NOTES ON STUDENT FORMALITIES AT ICAI:
For CA – Foundation level
Student Registration
– Apply online for Student Registration – https://eservices.icai.org/
– Get Student Registration Number (SRO….) and inform Egytim Academy
– Apply online for Student Material Books – https://icai-cds.org/
Study period
– Complete minimum 4 months of study
Examination
– Before 1 – 2 months of eligible exam in May/June or November/December, Apply Online for Examination Admit Card.
– Obtain Admit Card 2 – 3 weeks before the Exam and inform the Roll No. to Egytim Academy
– Attend the Exam.
Entry Options
Join CA Foundation, attend coaching classes at Egytim Academy parallelly along with your School. Immediately after 12th Exam write Foundation exam, clear it; and then, go for Intermediate and then, Final-level.
You will save additional 6 months to 1 year in your career and also get high marks in school exams due to CA studies going on parallelly.
Join CA Intermediate, attend coaching classes at Egytim Academy for 6 to 7 months and then, write Intermediate exam, clear it; and then, go for Final-level.
Note: Once you join CA Intermediate in this ‘Direct Entry Route’ you need to register for Articleship training and also complete 9 months to become eligible for writing Intermediate exam.
Subjects
The Foundation level consists of main 4 papers.
| Paper-1: Accounts | Paper-2: Law & BCR | Paper-3: Maths, LR & Stats | Paper-4: Economics & BCK |
|---|---|---|---|
| Principles and Practice of Accounting - 100 marks | (A) Business Laws - 60 marks | (A) Business Mathematics - 40 marks | (A) Business Economics - 60 marks |
| (B) Business Correspondence & Reporting - 40 marks | (B) Logical Reasoning - 20 marks | (B) Business & Commercial Knowledge - 40 marks | |
| (C) Statistics - 40 marks | |||
| MCQ 100% | MCQ 100% |
EXAMINATION RELATED POINTS
- Paper-1 & 2 would be subjective exam papers.
- Paper-3 & 4 would be objective exam paper i.e. MCQ (Multiple choice question) based. There will be minus 0.25 marks for each wrong answer.
PASSING CRITERIA:
For any level,
a student is declared as pass, only if you satisfy two conditions i.e.
Condition-1. Score 40% and above in every paper.
Condition-2. Score 50% and above in aggregate.
EXAMINATION DATES:
- Exams for CA, are conducted yearly twice – May/June and November/December. Whichever month you are eligible, you can register for it and write that exam.
- In case you miss any attempt of the exam, you can register and attend the next upcoming exam i.e. May/June or November/December.
