Hello Dear Friends,
If you are an aspirant looking forward to pursuing your career in Chartered Accountancy, then this is your perfect stop. You shall find the answers to all your questions in this blog. In this blog, you will get the clarity for CA Foundation Exam Pattern 2022.
Briefing CA Foundation Exam Pattern 2022
CA Foundation is an entry-level course and Exam conducted by the Institute of Chartered Accountants of India (ICAI) for students aiming to be Chartered Accountants.
It is a national level examination conducted twice a year in May and November.
This year (2022), the CA Foundation exams will be conducted on the 24th, 26th, 28th and 30th of June 2022. The exam is held this time in June due to a clash with the exam dates of the 12th CBSE.
Papers in CA Foundation
|Paper 1||Principles And Practice Of Accounting||100 Marks||Subjective|
|Paper 2||Business Laws And Business Correspondence||Subjective|
|Section A: Business Laws||60 Marks|
|Section B: Business Correspondence And
|Paper 3||Business Mathematics, Logical Reasoning, And Statistics||Objective|
|Section A: Business Mathematics||40 Marks|
|Section B: Logical Reasoning||20 Marks|
|Section C: Statistics||40 Marks|
|Paper 4||Business Economics And Business & Commercial Knowledge||Objective|
|Section A: Business Economics||60 Marks|
|Section B: Business and Commercial Knowledge||40 Marks|
Paper 1 and 2 are subjective where you have to write descriptive answers for the given questions.
Paper 3 and 4 are objective questions. The papers have a negative marking of 0.25 marks for every wrong answer and +1 for every correct answer.
A 12th pass student from any stream (Commerce, Science or Arts) is eligible to appear for the CA Foundation examination.
The passing criteria are you need to fetch 50% in total i.e. 200 marks out of 400 and a minimum of 40 marks in each paper.
The passing percentage ranges from 20% to 30% every year.
Importance of 11th and 12th Commerce in CA Foundation
The professional journey of a student who is determined to become a Chartered Accountant starts from 11th Commerce itself. 11th and 12th Commerce help in building a strong foundation of concepts for the students which in turn helps them easily qualify for the foundation exam.
Although 11th and 12th Commerce is not mandatory for appearing for CA Foundation i.e. a student of any stream (Science, Arts or Commerce) can enrol for CA Foundation still an 11th& 12th Commerce student always has an edge over others to qualify CA Foundation if his/her fundamental concepts are clear.
If you have a clear aim of becoming a Chartered Accountant then you must take up Commerce from the 11th and 12th itself as it will help you create a good base covering the maximum CA Foundation Syllabus.
While opting for coaching, the best one you can opt for is the one offering the 11th+12th+CA Foundation combo batch.
Benefits for 11th+12th+CA Foundation combo batch.
- Helps in conceptual clarity.
- Ample time for revision.
- The faculties for 11th and 12th and CA Foundation are the same so it helps students to grasp the concepts better.
- Helps in fetching high scores in the examination.
- You get the habit of studying systematically right from 11th
When is the perfect time to register for CA Foundation Course?
The best time to register for CA Foundation Course is immediately after the 10thStandard. You will have the required materials (Books and modules) provided by the Institute of Chartered Accountants of India (ICAI).
The official registration link for CA Foundation: https://eservices.icai.org/
Do I have to register separately for the CA Foundation exam?
Yes. First, you have to register for the CA Foundation Course; later, you must register for the Exam as and when you wish to give the exam. Registration for the CA Foundation course is to be made at least 4 months prior to the examination. So for the May exams register on or before 31st December and for the November exams register on or before 30th June. The exam forms are released approximately in the month of February and August for May and November exams respectively.
I hope this blog helps you with your professional journey in Commerce and assists you intake a better decision. Bidding you goodbye with this quote.
“If you have your goals set, you will plan out your path.”
We will have your back whenever you have any doubts. Feel free to connect with Mitkary Sir’s CAPS Academy for any further information or queries. We will be your best guide to building a successful CA Career.