The Chartered Accountancy Foundation examinations, sometimes known as the CA Foundation exams, are the first step toward becoming a Chartered Accountant. The CA career is the best and most lucrative way to get into the finance and accounting fields. The CA Foundation test date 2023 for the December attempt is now available, with the exam running from December 31, 2023 to January 6, 2024.
If you are a CA aspirant wanting to take the CA Foundation test, this post will highlight all of the relevant elements, such as important dates, the application process, the CA Foundation exam pattern, and a few critical recommendations to help you prepare better for the exam.
CA Foundation Exam Details
Particulars | Details |
Name of Exam | CA Foundation |
Governing | ICAI |
Number of Subjects | Four |
Subjects | Principles and Practice of Accounting
Business Laws and Business Correspondence and Reporting Business Business Mathematcis and Logical Reasoning & Statistics Business Economics and Business and Commercial Knowledge |
Preparation Period | 4 Months |
Eligibility Criteria | Appeared or Completed Class 12th |
Passing Criteria | Each Subject – 40%
Aggregate – 50% |
Mode of Exam | Offline |
Exam Pattern | Subjective and Objective |
Last Date of Registration | For Nov/Dec 2023 Attempt, 1 July 2023 |
Exam form Fill-Up Date | Aug 2 to Aug 23, 2023 |
Exam Dates | Dec 31, 2023 to Jan 06, 2023 |
Exam Frequency | 2 Times in a year |
Results | February |
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CA Foundation Exam Result 2023
Here is a step-by-step guide to downloading the CA Foundation Result:
www.icai.nic.in is the website for the ICAI test.
Select “Foundation: June 2023”, enter your Roll Number with PIN or registration number as asked, and click “Submit.”
Enter the Captcha code provided and answer any security questions before clicking “Submit” or “Check Result.”
Your CA Foundation findings will now be displayed in a separate window. You can save the results for later use.
CA Foundation Exam 2023 Eligibility Criteria
The eligibility requirements for CA Foundation Nov 2023 registration are as follows:
Students must have passed or sat in the 12th examinations established by law or administered by a Central Government-recognized examination board.
They must also finish their registration by July 1, 2023, in order to sit for the December 2023 CA Foundation examinations.
They must study for four months before sitting for the CA Foundation tests.
In addition, students must register with the Board of Studies (BoS).
Students who have passed their 10th class examinations can also apply for provisional registration with the ICAI; instead of submitting their 12th Marksheet, they only need to submit a scanned copy of their admit card. Students who are awaiting exam results can also use the Provisional Registration.
CA Foundation Exam Application Process
To sit for the CA Foundation Exams, you must first complete the CA Foundation exam registration process. Here’s how it works:
- Visit the ICAI website at icaiexam.icai.org.
- Next, provide the required information and click Generate OTP to generate an OTP. As a result, you will receive the OTP immediately to your registered mobile number or email address.
- So, enter this OTP to complete validation; you’ll then receive your login credentials via Email/SMS.
- Once your credentials have been accepted, use them to access the ICAI website and select Student Cycle from the left-hand menu.
- Selecting ‘Apply for Foundation’ will bring you to a form with some fields pre-filled for you. Complete all remaining details before clicking ‘Save and Next’ to submit documents in digital format. Don’t forget to include your photo and signature.
- After you have completed all of your information and documentation, you must pay the CA Foundation registration fees.
- So the next step is to take a printout of the registration form. Then, attach the relevant documents and mail them to the ICAI’s postal address.
Documents Required For CA Foundation Registration
For completing the CA Foundation exams Registration, you need to keep a scanned copy of the following documents ready. So these are:
- Recent Color Photograph
- Copy of Class 10 & 12 Admit Card/Marksheet
- Proof of Identity
- If foreign, proof of Nationality
CA Foundation Exam Pattern
To do well in the CA Foundation examinations, you need be familiar with the exam design, marking method, time limit, and sort of questions asked.
Here is the detailed CA Foundation exam pattern:
Particulars | Details |
Mode of Exam | Offline, Paper-based |
Exam Duration | Paper 1 and 2 – 3 Hours
Paper 3 and 4 – 2 Hours |
Question Type Asked | Paper 1 and 2 – Subjective Type
Paper 3 and 4 – Objective Type |
Marks Per Subjects | 100 Marks |
Total Marks | 400 Marks |
Marking Scheme | No Negative Marking for the Subjective paper (1 and 2).
Negaitve Marking of 1/4 Mark (for wrong answers) for objecctive papers (3 and 4). |
Medium of Exam | English/Hindi except for Section (b) of Paper 2 (English only) |
CA Foundation Exam 2023 Preparation Tips
1. Focus on Conceptual Understanding
The CA Foundation examinations require more than just memorizing concepts; they require an in-depth understanding of principles and their practical applications. As you study for tests like this one, take the time to completely understand accounting, law, and economic fundamentals. If a concept is difficult for you to grasp, don’t be afraid to seek clarification from teachers, mentors, or fellow students if necessary – having a strong conceptual foundation will serve you well both now and later on your journey to becoming a chartered accountant!
2. Practice and Mock Tests
Practice is essential for passing the CA Foundation examinations. As you study for them, spend a large amount of time solving practice problems, previous year papers, and mock examinations. This will acquaint you with the exam format while improving your time management skills, analyze mock test performances to find strengths and shortcomings so that you may alter your study plan accordingly, and boost your confidence while decreasing exam anxiety.
3. Stay Up-to-Date With Current Affairs
The CA Foundation examinations demand you to pass a paper on Business Economics and Commercial Knowledge, which needs you to stay current on current events and business news. Reading newspapers, financial journals, and online publications on a daily basis is a fantastic method to stay educated about pertinent issues, as is being aware of significant economic events, company developments, and government regulations that affect them all. Being conscious of your surroundings will not only help you perform better in this paper, but it will also broaden your entire understanding.
4. Maintain a Healthy Lifestyle
Last but not least, don’t forget your physical and emotional health when studying for the CA Foundation exam. Long periods of study can be harmful to your health and concentration; to stay focused and productive for as long as possible, make sure you get adequate sleep, eat a balanced diet, and indulge in regular physical activity.
Make time in your study routine for short mental breaks. You can also utilize relaxation techniques such as meditation or yoga to successfully manage stress and maintain focus. Maintaining physical and mental health will help you maintain concentration and productivity throughout your preparation journey!
Frequently Asked Questions :
The CA Foundation exam date is December 31, 2023. January 2, 4, 6, 2024.
Yes, CA Foundation exams are conducted twice a year.
The last date for CA Foundation exam registration is July 1, 2023.