CA Foundation 2020

CA Foundation 2020 - The Institute of Chartered Accountants of India (ICAI) has released the CA Foundation 2020 exam form for May 2020 session at on February 5. The last date to apply for CA Foundation May exam is February 26, 2020. Candidates can also apply for the May exam of CA Foundation after the passing of the last date till March 4 with a payment of a late fee of Rs 600. ICAI will conduct the May CA Foundation 2020 exam on May 11, 13, 15 and 17. Only candidates who have registered for the CA foundation course by December 31, 2019 can fill the application form of CA Foundation 2020 for May exam. The admit card will be available tentatively after April 26. Result of CA Foundation 2020 May exam will be declared in July 2020. To know more about CA Foundation 2020 like important dates, eligibility, registration, exam schedule, syllabus, etc., read the complete article below.
LATEST: CA Foundation exam form for May 2020 session is available; Apply now!

Note for erstwhile CPT students: Students wishing to appear for the CA Foundation 2020 exam under the revised scheme of education and training implemented w.e.f. 1.7.2017 but are yet to convert to the revised scheme must do so on or before February 20, 2020. The study period under CPT would be considered for satisfying the minimum study period for appearing in CA Foundation Examination May 2020.

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What is CA Foundation?

CA Foundation is the entry level for Chartered Accountancy Course. A 10+2 passed student can register and appear for the exam which is the first level to become a CA. A minimum of 4 months study is required to appear for the exam which has 4 subject papers. Students must note that this course is not open to graduate or post graduates or students who have cleared the Intermediate levels of ICSI or ICMAI.

Steps in CA Foundation Course

  • If you have passed class 12, register with Board of Studies (BoS).
  • Complete four months study period (i.e. register till 30th June / 31st Dec.)
  • Qualify Class XII examination (if not done earlier)
  • Appear for Foundation examination in November/May after passing 10+2 Examination.
  • Qualify Foundation Course.
  • Register with the BoS for the Intermediate Course.


Overview of CA Foundation 2020

Name of exam

Chartered Accountancy (CA) Foundation

Commonly known as

CA Foundation

Conducting body

Institute of Chartered Accountants of India (ICAI)

Exam level

National level

Mode of exam

Pen and paper based

Medium of exam

English/ Hindi (Section B of Paper 2, i.e. Business Correspondence and Reporting will be in English medium only)

Type of questions

Objective cum descriptive

Number of papers


Video on All About CA Foundation 2020

CA Foundation Important dates 2020

As the authorities have announced exam schedule for CA Foundation May 2020, candidates may checkout the CA Foundation important dates hereunder.

CA Foundation May 2020 Session

Notification for CA Foundation Exams May 2020January 1, 2020
Availability of CA Foundation 2020 Exam FormFebruary 5, 2020 (Available Now)
Last date to submit CA Foundation application formFebruary 26, 2020
Availability of Correction WindowMarch 4, 2020
Release of CA Foundation Admit Card May 2020First week of May 2020*
CA Foundation Exams May 2020May 11, 13, 15 and 17, 2020

* Tentative Dates

CA Foundation November 2019 Session



Exam Date

November 19, 13, 15 and 17, 2019


February 3, 2020

Application for verification and obtaining answer sheet begins

February 4, 2020

Last date to apply for verification of CA Foundation answer booksMarch 2, 2020

Last date to apply for obtaining answer books

March 3, 2020

CA Foundation Exam Form 2020

ICAI has released the exam form for CA Foundation May 2020 session on February 5, 2020 in online mode. Form submissions are allowed till the February 26 without late fee and till March 4, 2020 (5:30 PM) with the payment of late fee of Rs 600. Candidates have to provide certain personal details along with signature and a recent photograph in the CA Foundation application form. One may note that those candidates whose photograph or signature doesn't show in the completed CA Foundation application form will have to download the PDF, attach two photographs (in case photograph is missing) or sign at the requisite column (if the candidate's signature is missing) and then send it to ICAI office before stipulated last date (March 9, 2020) by speed post/ registered post. For the purpose of filling the CA Foundation 2020 application form, the candidate has to be priorly registered with the Board of Studies (BoS). Last date for CA Foundaton registration to be eligible for May 2020 session was December 31, 2019. For those candidates who made any mistakes while filling the CA Foundation application form 2020 will be given a chance to correct the same through application correction window within due dates.

CA Foundation May 2020 Exam Schedule

Paper No.







Principles and Practice of Accounting

May 11, 2020


2:00-5:00 PM

3 hours


Section A: Business Laws

Section B: Business

Correspondence and


May 13, 2020


2:00-5:00 PM

3 hours


Business Mathematics,

Logical Reasoning and


May 15, 2020


2:00-4:00 PM

2 hours


Business Economics and

Business and Commercial


May 17, 2020


2:00-4:00 PM

2 hours

CA Foundation Eligibility Criteria 2020

A candidate has to comply with the CA Foundation eligibility criteria as provided below for enrollment into the course and appear in ICAI exam:

  • Candidates must have passed class 12 from a recognized board of education to be eligible for CA Foundation 2020.

  • Candidates must have registered for the CA Foundation May 2020 course with the Board of Studies (Bos) on or before December 31, 2019 for May 2020, or, can get converted to Foundation course with Board of Studies of ICAI till February 20, 2020.

CA Foundation 2020: Exemptions

Candidates with the following qualifications are exempted from appearing for the CA Foundation 2020:

  • Candidate holds Bachelors/ Masters degree in Commerce with at least 55% or Bachelors/ Masters degree in any other stream with at least 60%.

  • Candidate has qualified the intermediate level of examinations of Institute of Company Secretaries of India (ICSI) or Institute of Cost Accountants of India (ICMAI).

CA Foundation Registration 2020

The ICAI registration process goes on the whole year, but there is a last date before which, a candidate has to register with the Board of Studies to be eligible to appear for the upcoming sessions. Last date to register for May 2020 session was December 31, 2019. Candidates who missed this date and are willing to appear for December 2020 session can now register for the same and the last date is June 30, 2020. The CA Foundation registration fee is Rs 9000.

Application fee: The registration fee and application/ exam fee should not be confused with one another as both are different. The registration fee is the full course fee amounting to Rs. 9000 which was to be paid before December 31, 2019. The CA Foundation application fee differs according to the exam centres chosen by the candidates. The fee has to be paid via VISA or MASTER or MAESTRO credit card/ debit card/ Rupay card/ net banking. Check the varying amounts of CA Foundation application fee below:

CA Foundation Application Fees 2020

Exam Centre

Application Fees

For Indian exam centre

INR 1,500/-

For Kathmandu exam centre

INR 2,200/-

For overseas centres (Abu Dhabi, Doha, Dubai, Muscat)

US$ 325/-

Along with the specified CA Foundation exam fee, students will also pay the additional charges as per the banks given below:

Domestic Credit Cards: 0.50% + GST

Domestic Debit Cards / Rupay Cards:-

  • Upto Rs. 2000: Nil
  • Greater than Rs. 2000 : 0.9% +GST

International Cards: 0.5% +GST

Net Banking: Nil


  • Upto Rs. 2000: Nil
  • Greater than Rs. 2000: 0.65% + GST

CA Foundation Exam Centres 2020

The CA Foundation May 2020 session will be conducted at 209 Indian and 5 international cities. Candidates will be able to choose their most preferred CA Foundation exam centres while filling the application form. Changes in the choice of exam centres can be made through the application correction window which will be announced shortly.

Exam centres conducting only CA Foundation exams: Ambikapur, Balotra, Kalaburgi, Port Blair and Raigarh.
To check the complete list of CA Foundation 2020 Exam Cities for May Session - Click here

CA Foundation Admit Card 2020

ICAI is expected to release the CA Foundation 2020 admit card for May session on the official exam website tentatively after April 26. The admit card of CA Foundation 2020 will be accessible through the ICAI exam login portal by entering the registration ID and password. The hall ticket of CA Foundation will contain the candidate’s name, roll number, photograph and signature, exam centre, etc. along with important instructions. In case of any discrepancy in the CA Foundation hall ticket 2020, candidates may contact ICAI Helpline desk. Moreover, it is mandatory for candidates to report at the exam centre with their admit card for verification purposes.

What to carry on the day of CA Foundation Exam?

Candidates who are appearing for CA Foundation May 2020 exams have to carry the below given documents along with them on the day of exam:

  • CA Foundation 2020 Admit Card
  • Government-issued identification card
  • Two passport-sized photographs and attested copy of CA Foundation admit card 2020 (For candidates not having image and signature on downloaded admit card).

CA Foundation Exam Pattern 2020

Candidates appearing for the upcoming May session of CA Foundation 2020 must be well versed with the exam pattern to know what to expect on the exam day. The CA Foundation exam pattern contains the mode of exam, type of questions, marking scheme, etc. so that candidates can prepare accordingly. According to the exam pattern. The objective questions carry negative marking of ¼th mark for each incorrect response.

Check the exam pattern of CA Foundation 2020 below:

Exam Mode


Exam Medium

English or Hindi

(English compulsory for Section B of Paper 2)

Type of questions

Paper 1 and 2- Subjective/ Long answer questions

Paper 3 and 4- Multiple choice questions

CA Foundation Syllabus 2020

ICAI sets the CA Foundation 2020 syllabus that focuses on application, comprehension and knowledge of chartered accountancy. After understanding the exam pattern, checking the May 2020 syllabus is a vital step for those who wish to crack the exam.

CA Foundation 2020: List of Subjects and Topics

Papers of CA Foundation


Principles and Practice of Accounting

  • Final Accounts of Sole Proprietors

  • Partnership Accounts

  • Financial Statements of Not-for-Profit Organisations

  • Introduction to Company Accounts

  • Accounting Process

  • Bank Reconciliation Statement

  • Inventories

  • Basic Accounting Ratios (profitability, solvency, liquidity and turnover)

  • Concept and Accounting of Depreciation

  • Accounting for Special Transactions

  • Theoretical Framework

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

  • Resume Writing

  • Meetings

  • Introduction to basic writing

  • Precis Writing

  • Communication

  • Comprehension Passages

  • Note Making

  • Report Writing

  • Writing Formal Letters

  • Writing Formal Emails

  • Sentence Types

  • Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal Verbs, Collocations & Idioms

  • Article Writing

Business Mathematics and Logical Reasoning & Statistics

Part A: Business Mathematics

  • Basic concepts of Differential and Integral Calculus

  • Linear Inequalities with Objective Functions and Optimizations

  • Time value of Money

  • Ratio and proportion, Indices, Logarithms

  • Equations and Matrices

  • Sequence and Series

  • Sets, Functions and Relations

  • Permutations and Combinations

Part B: Logical Reasoning

  • Number Series

  • Blood Relations

  • Syllogism

  • Direction Tests

  • Setting Arrangements

Part C: Statistics

  • Measures of Central tendency and Dispersion

  • Correlation and Regression

  • Index Numbers and Time Series

  • Probability

  • Theoretical Distributions

  • Statistical Description of Data

Business Economics and Business and Commercial Knowledge

Part I: Business Economics

  • Introduction to Business Economics

  • Business Cycles

  • Theory of Demand and Supply

  • Theory of Production and Cost

  • Price Determination in Different Markets

Part II: Business and Commercial Knowledge

  • Business and Commercial Knowledge: An Introduction

  • Government Policies for Business Growth

  • Common Business Terminologies

  • Organizations Facilitating Business

  • Business Environment

  • Business Organizations

CA Foundation Study Material 2020

The official website of ICAI has released the sample questions, revision test papers and study material of CA Foundation 2020 to aid the students’ preparation for the upcoming May session. The CA Foundation study material contains mock test papers, revision test papers, sample questions and model test papers which provides enough practice to the candidates. Other than that, the study material 2020 for each of the four papers is also made available by ICAI.

CA Foundation Sample Papers 2020

Candidates aspiring for the upcoming session of CA Foundation May 2020 exams are advised to practise as many CA Foundation sample papers as possible. This will help them assess what they know in-depth and what topic needs to be brushed up. It will not only reduce the scope of losing marks on unexpected but will also boost candidate's confidence. Thus, CA Foundation 2020 students should definitely go for practising the sample question papers, revision test papers, etc.

CA Foundation Preparation Tips

  1. Time Division: Candidates should start by making a time table, which means that they must divide their time in a way that they can actually follow the time table diligently. Making a plan and sticking to it is step towards success so candidates are advised to not skip this step.

  2. Concentrate on 'Stats and Logical Thinking': For ‘Commerce without Maths’ students, maths will bring a whole new level of difficulty with it. Since it is already a new subject for them maths will not be scoring for many. Thus, strengthening their grasp on 'Statistics and Logical Thinking' will help them score well.

  3. Revision: Since the CA Foundation syllabus is vast, candidates must ensure that they're having ample of time to revise. The revision will help them refresh their memory so that they remember everything, even under examination stress.

  4. Calculator-savvy: Most students might be tech-savvy but ICAI exams require them to become ‘calculator-savvy’. To tackle with lengthy papers of CA Foundation 2020, candidates should be well versed with the short keys like G, M+, M-, etc. This will help them save a lot of time during exams.

  5. ICAI's official material: Its a must for candidates to go through the official CA Foundation 2020 study material, mock tests, revision questions, etc. which are available on the institute website. Especially for students opting for self-study, these papers will help them in testing their knowledge and improving in relevant areas.

CA Foundation Answer Sheet 2020

Candidates who remain unsatisfied with their result of CA Foundation answer sheet for May 2020 will get a chance to apply for verification of their answer sheet within a stipulated time period. The verification fee is Rs. 100 per paper. Moreover, candidates can also apply to obtain PDF files of their answer sheets. The application fee for the same is Rs. 500 per paper.

For any queries, candidates can contact:

The Joint Secretary (Exams)

The Institute of Chartered Accountants of India

ICAI Bhawan

Indraprastha Marg

New Delhi 110 002

Helpline Telephone Numbers: 0120-3054 851, 3054 852 , 3054 853, 3054 835, 4953751, 4953752, 4953753, 4953754. (Available 10:00 AM to 5:00 PM)

CA Foundation Passing Criteria 2020

The passing criteria of CA Foundation 2020 state the minimum marks that candidates must score to qualify the exam. The CA Foundation passing criteria contains the sectional, as well as the overall percentage candidates, need to secure to pass the exam, the same has been given below:

CA Foundation Passing Criteria


Sectional cutoff for CA Foundation

Overall Percentage Required

Paper 1

40 Marks


Paper 2

40 Marks

Paper 3

40 Marks

Paper 4

40 Marks

CA Foundation Result 2020

ICAI has released the CA Foundation result for November 2019 session on February 3, 2020 in online mode for the test conducted between November 13 and 19. Candidates are able to access their CA Foundation result 2019 in online mode by logging in using their registration ID and password. Moreover, candidates will also get their result via text and email as well.

CA Foundation Toppers

ICAI is expected to announce the CA Foundation toppers for November 2019 session after declaration of result on the official website. Toppers are decided on the basis of attaining highest marks in the exams in their first attempt. Candidates may check out the CA Foundation toppers for previous sessions as provided below:

CA Foundation Toppers May 2019







Rajat Sachin Rathi

Kalivarapu Sai Srikar

Priyanshi Saboo

Minal Agarwal



Srikakulam (Andhra Pradesh)













Click here to check CA Foundation Merit List for May 2019 session.

CA Foundation Pass Percentage

ICAI also releases the complete details of CA Foundation result through press release. Talking about the previous sessions, the pass percentage for November and May 2019 session depicted the gender-wise as well as total number of candidates who appeared and passed the exams.

CA Foundation Pass Percentage Nov 2019




Pass Percentage







CA Foundation Pass Percentage May 2019




Pass Percentage







Frequently Asked Question (FAQs) - CA Foundation 2020

Question: Can I start filling my CA Foundation exam form and complete it later?


Yes, students can fill their application form and make changes in it later. However, once the application fee payment is made students cannot make any more changes.

Question: What is the eligibility criteria for CA Foundation 2020?


The eligibility requisites for CA Foundation 2020 session are as follows:

  • Candidates must have passed class 12 from a recognized board of education to be eligible for CA Foundation 2020.

  • Candidates must have registered under the course with the Board of Studies (BoS) on or before December 31, 2019 for May 2020.

Question: What does CA Foundation mean?


CA Foundation is the entry-level examination for 10+2 passout students aspiring for  Chartered Accountancy.

Question: How many attempts are allowed under CA Foundation?


There is no limit provided in numbers for attempting CA Foundation examinations. So, a candidate registered under the programme can give as many attempts till registration expires.

Question: What is the validity for CA Foundation registration?


Registration for CA Foundation is valid for a period of 3 years. So, a registered candidate can appear 6 times under this period. It may be noted that registration is subject to renewal as well.

Question: What is the passing marks/ criteria for CA Foundation 2020?


A candidate of CA Foundation 2020 has to pass in each subject with at least 40% marks and the overall score should be at least 50%. Both the requirements have to be duly fulfilled to pass the exam.

Question: When and how can I download my CA Foundation admit card 2020?


Candidates who have successfully filled their CA Foundation exam form along with the payment of application fee will be able to download their CA Foundation admit card from the official ICAI website tentatively 14 days prior to the commencement of the exam.

Question: Is coaching necessary for CA Foundation?


No, there is no rule that a person enrolled under the course of Chartered Accountancy has to undergo coaching/ tuitions. Concentrated and persistent studies is the mantra for CA Foundation.

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Questions related to The Institute of Chartered Accountants of India, New Delhi

Showing 4 out of 4 Questions

i have article ship registartion No. KK-8310(August1983) and FINAL REG. No. KNF-4071(1989) and cleared CA Inter(1988). Could I appear in MAY-2020FINAL EXAM.

Sanjay Khandelwal 19th Feb, 2020
As i know CA final registration is valid only upto 5 years and for CPT its three years. As you are saying your registration number is of 1989, then you have to re register with ICAI, and you must visit the nearest centre of them or contact them because they will guide you better. You can write but about gap only they can guide you well.

how can i download student declaration form of ca foundation exam 2020

Nihal Kumar Gupta Student Expert 31st Dec, 2019

Student declaration form of CA Foundation exam 2020 is not declared yet. It  will be released in May 2020. But You can download the student declaration form of CA Foundation exam 2019 from official website ICAI examination.  Or also you can download the certificate from the official link of ICAI exam given below:


how can I become a chartered accountant

Khusji 25th Dec, 2019


It needs complete dedication, hard work, and passion towards this course.

The vast syllabus of Chartered Accountancy is divided into 4 steps –

  1. CA Foundation
  2. CA Intermediate
  3. Articleship Training (3 year)
  4. CA Final

If you are planning to become Chartered Accountant in India through CA Foundation then we are taking an assumption that you have planned to appear in CA Foundation right after 12th.

CA Foundation is an entry-level test in order to pursue Chartered Accountancy. The course is much similar to your 11th and 12th standard (Commerce stream).

CA INTERMEDIATE will be your next level in the Chartered Accountancy journey after clearing CA Foundation. Some students who are graduates or postgraduates can also apply for the CA course through the Direct entry Scheme ( at the Intermediate level.

Candidates can start their Articleship Training ( as soon as they passed any of the group of CA Intermediate. But before that, you must have undergone ITT and OT Program.


This is the last step in the Chartered Accountants Journey and the biggest challenge. After completing both the groups of CA Intermediate one can register for CA Final ( . Although, the candidate can appear in CA Final only when he has undergone through GMCS and Advanced ITT.


I have registered myself for C A Foundation on 03.12.2019, till when I can get the study material , I have paid 9400.00 through Debit card including fee of syllabous

Ridhi Khurana 26th Dec, 2019


Great that you timely registered with ICAI under the course of CA Foundation as it makes you eligible to appear for May 2020 session. However you'll be receiving the official ICAI study material in hard copy, you can still access the CA Foundation study material online on ICAI's website itself in the BoS knowledge portal. The same is provided for May 2020 as well.

So kick start your preparation and prepare well.

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