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About CA Foundation Exam 2024

The Institute of Chartered Accountants of India (ICAI) has announced the new cut off dates for CA Foundation registration 2024. As per the new notification released by ICAI, CA Foundation exam would now be held thrice a year in the months of May/June, September and January. Candidates are required to be registered with Board of Studies atleast 4 months before the exam. The CA Foundation registration September 2024 are open till May 1, 2024. ICAI closed the CA Foundation registration for June 2024 session on February 1, 2024. It will conduct the CA Foundation exam for June 2024 session from June 20-26, 2024. Candidates could fill up the CA Foundation exam form from February 2, 2024 till February 23, 2024 without paying late fee and until March 2 with late fee.

Earlier, ICAI had declared the CA Foundation Dec 2023 result on, February 7, 2024 along with CA Foundation pass percentage.  . The CA Foundation June 2024 will be conducted as per the new scheme. It would be the first CA Foundation exam to be conducted under the new scheme of education and training that became effective from July 1 last year.  CA Foundation exams is open throughout the year, it is advisable to check the registration cutoff dates as pre-defined by ICAI. ICAI conducts the CA Foundation twice a year. It is the first of the three levels of the Chartered Accountancy course.

CA Foundation New Scheme of Education

Institute of Chartered Accountants of India had released the new scheme of education and training for CA Foundation on June 23, 2023. The new scheme of education for CA Foundation exam became applicable from July 1, 2023. Candidates could register for CA Foundation new scheme exam from August 2, 2023. Candidates who have registered for Foundation exam before July 1 will be able to convert their syllabus to new syllabus given that the candidate fulfills conditions specified by ICAI. The registration of CA Foundation will be valid upto a period of four years. From the May/June 2024 session of CA Foundation , the exam will be held three times a year in the months of January, May/June, and September. Let us look at some of the changes in the syllabus and pattern under the new scheme:

What's new under CA Foundation New Scheme of Education?

  • The number of subjects in CA Foundation have been reduced from 6 to 4.
  • Business & Commercial Knowledge subject has been removed from Business Economics & Business & Commercial Knowledge Paper
  • Business Correspondence Reporting subject has also been removed from Business Laws & Business Correspondence Reporting paper.
  • ICAI is also planning to bring in a provision of negative marking under the new scheme.
  • 0.25 mark will be deducted for each incorrect answer.
  • The pass percentage under new scheme will be 50% in each paper.

It must be noted that these are proposed changes and the finalised changes will be notified in the new syllabus that will be released by ICAI.

What is CA Foundation Exam?

The entry level for Chartered Accountancy Course is the CA Foundation course. CA Foundation has 4 papers out of which two are objective and two subjective. The CA Foundation exam is held twice a year - in June and December. Students who have registered for the Foundation course must also apply for the CA Foundation exam.

Exam Pattern of CA Foundation

There are four papers in the CA Foundation exam. Each paper has 100 questions.

  • Paper 1 - Principles and Practice of Accounting
  • Paper 2 - Business Laws and Business Correspondence and Reporting
  • Paper 3 - Business Mathematics, Logical Reasoning and Statistics
  • Paper 4 - Business Economics and Business and Commercial Knowledge

CA Foundation Qualifying Marks:

To quality CA Foundation exam level, candidates need to secure a minimum of 40% marks in each paper and an aggregate of 50% in all papers.

CA Foundation Exam - Statistics

Term

Appeared

Passed

Percentage

June 2023103517
25860
24.98
Dec 20221260153686429.25
June 2022937292369325.28
December 20211106623351030.28%
July 2021719671915826.62

January 2021

27808

6922

24.89

November 2020

78014

27327

35.03

November 2019

87084

30563

35.10

May 2019

30971

5753

18.58

November 2018

48702

21488

44.12

May 2018

6315

1215

19.24

CA Foundation Exam 2024 Highlights

Full Exam NameCA Foundation Exam
Conducting BodyThe Institute of Chartered Accountants of India
Frequency of Conduct2 times a year
Exam LevelNational Level Exam
LanguagesEnglish
Mode of ApplicationOnline
Application Fee (General)1500 Rs [Online]
Mode of ExamOffline
Exam Duration3 Hours

Download all details about CA Foundation Exam 2024

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CA Foundation Exam 2024 Important Dates

Upcoming Dates and Events

20 Jun, 2024

Exam - June session | Mode: Offline

22 Jun, 2024

Exam - June session | Mode: Offline

24 Jun, 2024

Exam - June session | Mode: Offline

26 Jun, 2024

Exam - June session | Mode: Offline

Past Dates and Events

29 Apr, 2024 - 02 May, 2024

June session-Mock test paper series 1 | Mode: Online

03 Mar, 2024 - 09 Mar, 2024

Application Correction - June session | Mode: Online

24 Feb, 2024 - 02 Mar, 2024

Late Fee Application - June session (with late fees of Rs. 600/-) | Mode: Online

02 Feb, 2024 - 23 Feb, 2024

Application - June session (without late fees) | Mode: Online

Applications for Admissions are open.

Apply to Shiv Nadar University, Chennai Admissions 2024

ICAI prescribes the CA Foundation eligibility criteria on its official website. Candidates who want to register for the CA Foundation exam must check the official eligibility criteria. Details related to the qualifying marks, age limit, nationality and related are mentioned under the eligibility criteria.

  • Provisional registration - Candidates who have passed in Class 10 also can provisionally register for the CA Foundation course.
  • Candidates who have qualified Senior Secondary (10+2) or are in the final year also can register with the Board of Studies of the Institute on or before January 1/ July 1 for the CA Foundation examination to be held in the months of May/June or November/December respectively of the same year.

Note: Four months study period is required for all candidates before appearing in CA Foundation exam.

Mode of Application : Online

Mode of Payment : Net Banking | Credit Card | Debit Card | NEFT | Other

The exam form for CA Foundation 2024 exam for June 2024 has been released on February 2, 2024. Candidates can fill up the form in online mode. ICAI has a centralised self-service portal whereby candidates can easily register themselves and submit self-attested documents. The last date to apply was February 23 without late fee and March 2 with late fee.

The CA Foundation exam will now be conducted thrice in a year in May/June, September 2024, and January. The institute is expected to open the CA Foundation exam form September 2024 soon. The registration process continues throughout the year. However, candidates must keep track of the deadline for registration. The CA Foundation registration for September 2024 will close on May 1, 2024.

Documents required for CA Foundation Exam Form registration

  • Recent coloured photograph
  • Copy of Class 10 and 12 admit card/ marksheet
  • Proof of Identity - Aadhaar card/ Passport/ Voter ID
  • Proof of nationality, if the student is a foreigner

Process of Filling CA Foundation Exam Form

Step 1- Go to the official website - icai.org
Step 2- Click on the link "e-services"
Step 3- Select student services from the drop-down menu
Step 4- Click on "Entry-level forms - Foundation and Intermediate (Direct Entry)"
Step 5- Fill the CA Foundation application form
Step 6- Upload documents
Step 7- Make an online payment
Step 8- Save the receipt for future reference

CA Foundation Registration Fees

Fee detailsFor Indian Students(INR)For Foreign Students (USD)
Prospectus20020
Registration fee9000700
Total9200720

Note: After successful submission of forms, all documents submitted by candidates will be verified and registration will be confirmed by the ICAI. Eligible candidates can register for the exam and download the ICAI CA Foundation admit card 2024 from the official website.

Application Fees

CategoryQuotaModeGenderAmount
ST, SC, OBC, EWS, GeneralOnlineMale, Transgender, Female₹ 1500
ST, SC, OBC, EWS, GeneralPWDOnlineMale, Transgender, Female₹ 1500
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Paper-I-Principles and practice of accounting-

Paper-I-Principles and practice of accounting: Unit 01
Theoretical framework
Meaning and scope of accounting
Accounting concepts, principles, and conventions
Accounting terminology-glossary
Capital and revenue expenditure, capital and revenue receipts, contingent assets and contingent liabilities
Accounting policies
Accounting as a measurement discipline-valuation principles, accounting estimates
Accounting standards-concepts and objectives
Indian accounting standards-concepts and objectives
Paper-I-Principles and practice of accounting: Unit 02
Accounting process
Books of accounts
Preparation of trial balance
Rectification of errors
Paper-I-Principles and practice of accounting: Unit 03
Bank reconciliation statement
Introduction, reasons, preparation of bank reconciliation statement
Paper-I-Principles and practice of accounting: Unit 04
Inventories
Cost of inventory, net realizable value, basis and technique of inventory valuation, and record keeping
Paper-I-Principles and practice of accounting: Unit 05
Concept and accounting of depreciation
Concepts, methods of computation and accounting treatment of depreciation, change in depreciation methods
Paper-I-Principles and practice of accounting: Unit 06
Accounting for special transactions
Bills of exchange and promissory notes: Meaning of bills of exchange and promissory notes and their accounting treatment; accommodation bills
Sale of goods on approval or return basis: Meaning of goods sent on approval or return basis and accounting treatment
Consignments: Meaning and features of consignment business, difference between sale and consignment, accounting treatments for consignment transactions and events in the books of consignor and consignee
Average due date: Meaning, calculation of average due date in various situations
Account current: Meaning of account current, methods of preparing account current
Paper-I-Principles and practice of accounting: Unit 07
Final accounts of sole proprietors
Elements of financial statements, closing adjustment entries, trading account, profit and loss account and balance sheet of manufacturing and non-manufacturing entities
Paper-I-Principles and practice of accounting: Unit 08
Partnership accounts
Final accounts of partnership firms
Admission, retirement, and death of a partner including treatment of goodwill
Introduction to LLPs and distinction of LLPs from partnership
Paper-I-Principles and practice of accounting: Unit 09
Financial Statements of Not-for-Profit Organizations
Significance of receipt and payment account, income and expenditure account and balance sheet, difference between profit and loss account and income and expenditure account
Preparation of receipt and payment account, income and expenditure account and balance sheet
Paper-I-Principles and practice of accounting: Unit 10
Introduction to company accounts
Definition of shares and debentures
Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares
Statement of profit and loss and balance sheet as per schedule III to the companies act, 2013

Paper-II-Business laws and business correspondence and reporting (business law)+

Paper-II-Business laws and business correspondence and reporting (business law): Unit 01
The Indian contract act, 1872
An overview of sections 1 to 75 covering the general nature of contract, consideration, other essential elements of a valid contract, performance of contract, breach of contract, contingent, and quasi contract
Paper-II-Business laws and business correspondence and reporting (business law): Unit 02
The sale of goods act, 1930
Formation of the contract of sale, conditions and warranties, transfer of ownership and delivery of goods, unpaid seller and his rights
Paper-II-Business laws and business correspondence and reporting (business law): Unit 03
The Indian partnership act, 1932
General nature of partnership, rights and duties of partners, reconstitution of firms, registration, and dissolution of a firm
Paper-II-Business laws and business correspondence and reporting (business law): Unit 04
The limited liability partnership act, 2008
Introduction-covering nature and scope, essential features, characteristics of LLP, incorporation and differences with other forms of organizations
Paper-II-Business laws and business correspondence and reporting (business law): Unit 05
The companies act, 2013
Essential features of company, corporate veil theory, classes of companies, types of share capital, incorporation of company, memorandum of association, articles of association, doctrine of indoor management

Paper-II-Business laws and business correspondence and reporting (business correspondence and reporting)+

Paper-II-Business laws and business correspondence and reporting (business correspondence and reporting): Unit 01
Communication
Communication: (i) Types, (ii) directions, (iii) network, (iv) process, (v) problems, (vi) barriers, (vii) types of communication: (a) Interpersonal skills, (b) listening skills, (c) emotional intelligence
Communication: (viii) Exercises
Paper-II-Business laws and business correspondence and reporting (business correspondence and reporting): Unit 02
Sentence types and word power
Sentence types (direct-indirect, active-passive speech): (i) Sentence-definition, (ii) classification of sentence based on connotation: (a) Assertive sentences, (b) interrogative sentences, (c) imperative sentences
Sentence types (direct-indirect, active-passive speech): (ii) Classification of sentence based on connotation-(d) exclamatory sentences, (e) optative sentences, (iii) sentence structure: (a) Subject and predicate, (b) verb (auxiliary, finite)
Sentence types (direct-indirect, active-passive speech): (iii) Sentence structure-(c) object (direct, indirect), (d) complement, (e) adjunct or adverbial, (f) clause structure, (g) types of clauses-independent clauses, dependent clauses
Sentence types (direct-indirect, active-passive speech): (iii) Sentence structure-(g) types of clauses-relative or noun clauses, (iv) types of sentences-(a) simple sentence, (b) compound sentence, (c) complex sentence, (d) compound-complex sentence
Sentence types (direct-indirect, active-passive speech): (v) Direct-indirect speech-(a) introduction, (b) procedure for converting direct speech into indirect speech-rules for converting direct speech into indirect speech, change in pronouns
Sentence types (direct-indirect, active-passive speech): (v) Direct-indirect speech-(b) procedure for converting direct speech into indirect speech-change in tenses, change in modals, changes for imperative sentences, changes for exclamatory sentences
Sentence types (direct-indirect, active-passive speech): (v) Direct-indirect speech-(b) procedure for converting direct speech into indirect speech-changes for interrogative sentences, punctuation in direct speech
Sentence types (direct-indirect, active-passive speech): (v) Direct-indirect speech-(c) rules for converting indirect speech into direct speech, (vi) active passive voice: Introduction-(a) usage: Active vs. passive voice
Sentence types (direct-indirect, active-passive speech): (vi) Active passive voice-introduction: (b) reasons for using passive voice, (c) changing passive voice to active voice, (d) changing active voice to passive voice
Sentence types (direct-indirect, active-passive speech): (vi) Active passive voice-introduction: (e) Suggestions for using active and passive voice, (vii) verbs voice active or passive, (viii) exercises
Vocabulary root words, synonyms, antonyms, prefixes, suffixes, phrasal verbs, collocations and idioms: (i) Introduction, (ii) significance of improving vocabulary, (iii) how to improve vocabulary, (iv) root words, (v) synonyms and antonyms
Vocabulary root words, synonyms, antonyms, prefixes, suffixes, phrasal verbs, collocations and idioms: (vi) Words formed by using prefixes, (vii) words formed by using suffixes, (viii) phrasal verbs, (ix) collocations, (x) idioms, (xi) exercises
Paper-II-Business laws and business correspondence and reporting (business correspondence and reporting): Unit 03
Comprehension passages and note making
Comprehension passages: (i) Introduction to comprehension passages, (ii) points to ponder, (iii) sample passages with answers, (iv) exercises
Note making: (i) Introduction to note making (ii) significance of note making (iii) detailed format heading (title)-(a) subheading, (b) indentation, (c) points, (d) use of abbreviations, (e) summary, (f) content, (g) expression
Note making: (iv) Steps to comprehend and summarize text, (v) helpful hints, (vi) sample passages with notes, (vii) exercises
Paper-II-Business laws and business correspondence and reporting (business correspondence and reporting): Unit 04
Developing writing skills
Introduction to basic writing: (i) Introduction, (ii) process of writing, (iii) styles of writing, (iv) significance of writing skills for students, (v) writing conventions, (vi) characteristics of good writing, (vii) do’s and don'ts of good writing
Precis writing: (i) What is precis writing?, (ii) features of good precis writing, (iii) how to write a precis, (iv) do’s and don'ts of precis writing, (v) examples (passages with precis), (vi) exercises
Article writing: (i) What is an article?, (ii) essential elements of article writing, (iii) detailed format-(a) title, (b) by-writer’s name, (c) body-introduction, main idea-support, conclusion, (d) sample articles, e) exercises
Report writing: (i) What is a report?, (ii) essential elements of report writing, (iii) kinds of reports-(a) reporting for a meeting/ assembly, (b) reporting for a newspaper, (c) reporting for a magazine
Report writing: (iv) Detailed format for (iii) above-(a) title, (b) by-writer’s name, (c) place, date, (d) body-what, when, where, who, how, (e) tips and conventions of report writing, (f) sample reports, (g) exercises
Writing formal letters: (i) Types of letters-(a) circulars, (b) complaints, (c) memos, (d) promotional content, (e) sales, (f) recovery/ remittances, (ii) detailed format for (i) above-(a) date, (b) salutation, (c) subject
Writing formal letters: (ii) Detailed format for (i) above-(d) body of the letter-first paragraph, second paragraph, (e) complimentary closure, (iii) points to remember, (iv) sample letters, (v) exercises
Writing formal mails: (i) How to write a formal mail?, (ii) writing effective mails, (iii) essential elements of mails-(a) subject line, (b) formal greetings, (c) target audience (reader), (d) clarity and conciseness, (e) formal closing, (f) proofread
Writing formal mails: (iii) Essential elements of mails-(g) feedback, (iv) tips and conventions of mails, (v) sample mails, (vi) exercises
Resume writing: (i) Essential elements of resume-(a) name and contact details, (b) objective summary, (c) academic qualifications and achievements, (d) co-curricular achievements, (e) training programs attended/ completed, (f) strengths
Resume writing: (i) Essential elements of resume-(g) interests/ hobbies, (h) declaration, (i) signature, (ii) resume writing tips and conventions, (iii) sample resumes, (iv) exercises
Meetings: (i) Notice, (ii) agenda, (iii) drafting minutes, (iv) action taken report

Paper-III-Business mathematics, logical reasoning and statistics (business mathematics)+

Paper-III-Business mathematics, logical reasoning and statistics (business mathematics): Unit 01
Ratio and proportion, indices and logarithms
Ratio and proportion (business applications related to ratio and proportion) laws of indices, exponents and logarithms and antilogarithms
Paper-III-Business mathematics, logical reasoning and statistics (business mathematics): Unit 02
Equations and matrices
Equations: Simultaneous linear equations up to three variables, quadratic and cubic equations in one variable
Matrices: Algebra of matrices, inverse of a matrix and determinants, solving system of equations by Cramer’s rule (involving not more than three variables)
Paper-III-Business mathematics, logical reasoning and statistics (business mathematics): Unit 03
Linear inequalities with objective functions and optimization w.r.t objective function
Paper-III-Business mathematics, logical reasoning and statistics (business mathematics): Unit 04
Time value of money
Simple interest
Compound interest
Depreciation
Effective rate of interest
Present value
Net present value
Future value
Perpetuity
Annuities
Sinking funds
Valuation of bonds
Calculating of EMI
Calculations of returns: (a) Nominal rate of return, (b) effective rate of return, (c) compound annual growth rate (CAGR)
Paper-III-Business mathematics, logical reasoning and statistics (business mathematics): Unit 05
Permutations and combinations
Basic concepts of permutations and combinations: Introduction, the factorial, permutations, results, circular permutations, permutations with restrictions, combinations with standard results
Paper-III-Business mathematics, logical reasoning and statistics (business mathematics): Unit 06
Sequence and series
Introduction sequences, series, arithmetic and geometric progression, relationship between am and gm and sum of n terms of special series
Paper-III-Business mathematics, logical reasoning and statistics (business mathematics): Unit 07
Sets, relations, and functions
Paper-III-Business mathematics, logical reasoning and statistics (business mathematics): Unit 08
Basic applications of differential and integral calculus
Excluding the trigonometric applications, applications of marginal cost and marginal revenue, etc

Paper-III-Business mathematics, logical reasoning and statistics (logical reasoning)+

Paper-III-Business mathematics, logical reasoning and statistics (logical reasoning): Unit 01
Number series, coding and decoding and odd man out
Paper-III-Business mathematics, logical reasoning and statistics (logical reasoning): Unit 02
Direction tests
Paper-III-Business mathematics, logical reasoning and statistics (logical reasoning): Unit 03
Seating arrangements
Paper-III-Business mathematics, logical reasoning and statistics (logical reasoning): Unit 04
Blood relations
Paper-III-Business mathematics, logical reasoning and statistics (logical reasoning): Unit 05
Syllogism

Paper-III-Business mathematics, logical reasoning and statistics (statistics)+

Paper-III-Business mathematics, logical reasoning and statistics (statistics): Unit 01
Statistical description of data
Statistical representation of data, diagrammatic representation of data, frequency distribution, graphical representation of frequency distribution-histogram, frequency polygon, ogive, pie-chart
Paper-III-Business mathematics, logical reasoning and statistics (statistics): Unit 02
Measures of central tendency and dispersion
Measures of central tendency and dispersion: Mean median, mode, mean deviation, quartiles and quartile deviation, standard deviation, coefficient of variation, coefficient of quartile deviation
Paper-III-Business mathematics, logical reasoning and statistics (statistics): Unit 03
Probability
Probability: Independent and dependent events; mutually exclusive events. Total and compound probability and mathematical expectation
Paper-III-Business mathematics, logical reasoning and statistics (statistics): Unit 04
Theoretical distributions
Theoretical distributions: Binomial distribution, Poisson distribution-basic application and normal distribution-basic applications
Paper-III-Business mathematics, logical reasoning and statistics (statistics): Unit 05
Correlation and regression
Correlation and regression: Scatter diagram, Karl Pearson’s coefficient of correlation rank correlation, probable error and probable limits. Regression lines, regression equations, regression coefficients
Paper-III-Business mathematics, logical reasoning and statistics (statistics): Unit 06
Index numbers and time series
Index numbers: Uses of index numbers, problems involved in construction of index numbers, methods of construction of index numbers
Time series analysis-components of time series and calculation of trend by moving average method

Paper-IV-Business economics and business and commercial knowledge (business economics)+

Paper-IV-Business economics and business and commercial knowledge (business economics): Unit 01
Introduction to business economics
Meaning and scope of business economics
Basic problems of an economy and role of price mechanism
Paper-IV-Business economics and business and commercial knowledge (business economics): Unit 02
Theory of demand and supply
Meaning and determinants of demand, law of demand and elasticity of demand-price, income, and cross elasticity
Theory of consumer’s behavior: Marshallian approach and indifference curve approach
Meaning and determinants of supply, law of supply and elasticity of supply
Demand forecasting
Paper-IV-Business economics and business and commercial knowledge (business economics): Unit 03
Theory of production and cost
Meaning and factors of production
Laws of production: The law of variable proportions and laws of returns to scale, producer’s equilibrium
Concepts of costs: Short-run and long-run costs, average and marginal costs, total, fixed and variable costs
Paper-IV-Business economics and business and commercial knowledge (business economics): Unit 04
Price determination in different markets
Various forms of markets: Perfect competition, monopoly, monopolistic competition, and oligopoly
Price determination in these markets
Paper-IV-Business economics and business and commercial knowledge (business economics): Unit 05
Business cycles
Meaning
Phases
Features
Causes behind these cycles

Paper-IV-Business economics and business and commercial knowledge (business and commercial knowledge)+

Paper-IV-Business economics and business and commercial knowledge (business and commercial knowledge): Unit 01
Business and commercial knowledge-an introduction
Nature of business, profession, and employment
Objectives of business
Economic and non-economic activities, forms of business organizations
Paper-IV-Business economics and business and commercial knowledge (business and commercial knowledge): Unit 02
Business environment
Micro and macro environment, elements of micro environment-consumers/ customers, competitors, organization, market, suppliers, intermediaries, elements of macro environment-demographic, economic, political-legal, socio-cultural, technological
Global environment
Paper-IV-Business economics and business and commercial knowledge (business and commercial knowledge): Unit 03
Business organizations
Overview of selected Indian and global companies
Paper-IV-Business economics and business and commercial knowledge (business and commercial knowledge): Unit 04
Government policies for business growth
Policies creating conducive business environment such as liberalization, privatization, foreign direct investment
Paper-IV-Business economics and business and commercial knowledge (business and commercial knowledge): Unit 05
Organizations facilitating business
Indian regulatory bodies: RBI, SEBI, CCI, IRDAI
Indian development banks: IFCI, SIDBI, EXIM bank, NABARD
Paper-IV-Business economics and business and commercial knowledge (business and commercial knowledge): Unit 06
Common Business Terminologies
Finance and stock and commodity markets terminology
Marketing terminology
Banking terminology
Other business terminology
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If you are one of those candidates who is planning to appear in CA Foundation exam, the very first thing you need is the right preparation strategy. It might be difficult to figure out which books to consider while starting the preparation or where to find them. Well no wonder about the fact that the market is flooded with a number of books. But candidates who are preparing for CA Foundation must consider quality over quantity.

Moreover, ICAI also provides official CA Foundation study material for helping candidates and set directions for them. Candidates can also refer to the best books of CA Foundation exam before they make a move. Having the right study material and best books will help them understand the topics easily and without much effort.

Details related to the number of papers, mode of exam, time duration, number of questions asked, difficulty level, type of questions, marking scheme are mentioned under the exam pattern. The Institute of Chartered Accountants of India (ICAI) prescribes an official exam pattern of the CA Foundation 2024 exam. Before starting their preparation for the CA Foundation exam, candidates must check the exam pattern to have a better understanding.

Also check, CA Foundation sample papers and know the type of questions asked.

CA Foundation Exam Pattern 2024

ParticularsDetails

Mode of exam

Online i.e. Computer-based exam

Frequency (twice in a year)

  • May/June

  • November/December)

Level of CA Foundation exam

National-level exam

Paper(s)

The CA Foundation exam has FOUR papers:

  • Paper 1 - Principles and Practice of Accounting

  • Paper 2 - Business Laws and Business Correspondence and Reporting

  • Paper 3 - Business Mathematics, Logical Reasoning and Statistics

  • Paper 4 - Business Economics and Business and Commercial Knowledge

Duration of the question papers

  • Paper 1 and 2 - 3 hours
  • Paper 3 and 4 - 2 hours

Type of questions asked

  • Paper 1 and 2 - Subjective type

  • Paper 3 and 4 - Objective type

Marks per question

100 questions, each paper will be of 100 marks (One mark each)

Total marks

400

Marking scheme

  • NO negative marking for the subjective papers (1 and 2)

  • Negative marking of ¼ mark (for wrong answers) for objective papers(3 and 4)

Medium of exam

English/Hindi except for Section (b) of paper 2 (which will be in English only)

CA Foundation Exam E-Bbooks and Sample Papers

ICAI conducts mock tests before every exam session. The dates of CA Foundation mock test for December session will be notified to interested candidates on official website of ICAI - BoS Knowledge Portal. Candidates can download the CA Foundation mock test and prepare for the CA Foundation exam 2024. The institute will provide answers to the mock tests within 48 hours of the exam.

CA Foundation mock test dates for May 2024 session

Subject

Date

Time

Paper-1: Principles and Practice of Accounting

To be notified

2 pm to 5 pm

Paper-2: Business Laws and Business Correspondence and Reporting

To be notified

Paper-3: Business Mathematics and Logical Reasoning & Statistics

To be notified

2 pm to 4 pm

Paper-4: Business Economics and Business and Commercial Knowledge

To be notified

ICAI will release the CA Foundation 2024 admit card for the June 2024 session tentatively two weeks befor the exam. Candidates can download the admit card in online mode from the official website - eservices.icai.org. The CA Foundation admit card is available for download under the candidate's login. Candidates can login using the student registration number and password. ICAI admit card CA Foundation is mandatory to carry to the examination hall along with an ID proof.

ICAI CA Foundation admit card is an important document that should be downloaded by all candidates who will appear in the exam. Candidates who reach the exam centre without carrying a physical copy of the CA Foundation 2024 admit card will not be allowed to enter in the exam centre. Complete details related to the CA Foundation exam 2024 are mentioned in the admit card.

How to Download the Admit Card CA Foundation 2024?

  • Visit the ICAI official website - icaiexam.icai.org
  • Go to the tab “Login/Registration”
  • Enter with your CA Foundation login credentials such as login id and password
  • Click on the view admit card option
  • Verify the details mentioned on admit card
  • Download the admit card for future reference

Details Mentioned on the CA Foundation 2024 Admit card

  • Candidate’s name
  • Photograph and signature of the candidate
  • Candidate’s registration number
  • Exam centre details
  • Reporting time
  • Papers
  • Medium of the exam (English/Hindi)
  • Candidate’s Address
  • Exam day instructions

Along with the ICAI admit card, candidates must also carry any one government ID card and two passport size photographs.

Registered candidates can fill the exam form in online mode. ICAI releases the exam form of CA Foundation a few days before conducting the CA Foundation exam. For the June 2024 session, ICAI will open the exam form window from February 2, 2024.Candidates who want to appear in the CA Foundation exam for any session (May/ December) must mandatorily fill the exam form on the official website of ICAI - icaiexam.icai.org.

The exam form with late fee will be available till March 2, 2024. The June 2024 session correction window will be open from March 3-9, 2024. Candidates who wish to make changes in their respective forms can rectify the errors on the exam form for the CA foundation.

Exam Form Fee

Exam venue

Fee details

India

Rs 1,500

Kathmandu, Nepal

Rs 2,200

Overseas centre except for Kathmandu

$325

What could be rectified?

  • CA Foundation Exam centre
  • Exam group selected (if any)
  • The medium of exam - English/Hindi

CA Foundation Exam Centres 2024

ICAI officially released the list of CA foundation exam centres for the May 2024 exams. The CA Foundation 2024 exams will be conducted across 290 Indian test cities and 8 international locations.

While filling the CA Foundation exam form, candidates have the option to choose their 3 most preferred exam centres for CA Foundation 2024.

Documents Required at Exam

  • CA Foundation Admit card
  • Photo identity proof

ICAI releases the CA Foundation June 2024 result tentatively 45 days after the date of exam The CA Foundation result cum scorecard has been released by ICAI on the official website i.e. - icaiexam.icai.org, caresults.icai.org and icai.nic.in.

Steps to check CA Foundation 2024 result

Step 1- Go to ICAI's official website

Step 2- Click on the option result

Step 3- Select "Foundation 2024" from the given options

Step 4- Enter your roll number and pin/ registration no. and captcha code

Step 5- CA Foundation 2024 result will appear on the screen

Step 6- Download and take a print out for future reference

Candidates can also receive the CA Foundation result through SMS facility or email. For details click here on CA Foundation result.

Details mentioned in CA Foundation Result 2024

  • Name and roll number of the candidate
  • Marks obtained in individual subjects (All four subjects)
  • Maximum marks
  • Minimum marks
  • Passing status of the candidate
  • Grand Total of four subjects

After result declaration, ICAI also releases the pass percentage of CA Foundation exam . As per ICAI, candidates need to secure minimum 40% marks in each paper and an aggregate of 50% marks in all subjects to qualify for the next stage.

CA Foundation June 2023 Pass Percentage

The CA Foundation pass percentage for June 2023 session has been given in the table below:

ParticularsNo. of candidates appearedNo. of candidates passedPass percentage
Male555731444825.99
Female479441141223.8
Total1035172586024.98

CA Foundation Dec 2022 Pass Percentage

Particulars

Male

Female

Total

Number of candidates appeared

6829457721126015

Number of candidates passed

201951666936864

Pass percentage

29.5728.8829.25

CA Foundation Pass Percentage June 2022

Gender

Number of candidates appeared

Number of candidates passed

Pass percentage

Total no of exam centres

Male

51111

13043

25.52



508

Female

42618

10650

24.99

Total

93729

23693

25.28

CA Foundation Pass Percentage December 2021

Particulars

Male

Female

Total

Number of candidates appeared

6009750565110662

Number of candidates passed

181511535933510

Pass percentage

30.20%30.37%30.28%

CA Foundation Pass Percentage July 2021

Particulars

Male

Female

Total

Number of candidates appeared

38917

33050

71967

Number of candidates passed

10150

9008

19158

Pass percentage

26.08%

27.26%

26.62%

CA Foundation Pass Percentage 2021 (Jan)

Particulars

Male

Female

Total

Number of candidates appeared

17126

10682

27808

Number of candidates passed

4267

2655

6922

Pass percentage

24.91%

24.85%

24.89%


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Frequently Asked Questions (FAQs)

Question:When will the CA Foundation exam form for June 2024 session will be released?

Answer:

CA Foundation exam form for June 2024 session was released on February 2, 2024.

Question:Does ICAI conducts any classes for students appearing in CA Foundation Examination?

Answer:

Yes, free classes are conducted by ICAI for all candidates of CA Foundation level. For details, visit Institute’s BOS Knowledge Portal for announcements in this regard.

Question:Do I need to submit hard copy of my CA Foundation registration to the regional office?

Answer:

No, you do not need to submit hard copy of the CA Foundation application form.

Question:What is the validity of CA Foundation registration?

Answer:

CA Foundation registration is valid for a period of 3 years. Post this, candidates have to revalidate their registration.

Question:Can I download the CA Foundation study material free of cost?

Answer:

Yes, the study material provided by ICAI is available free of cost. The PDFs can be downloaded by any candidate from the official website of ICAI.

Question:What is the minimum passing marks of CA Foundation exam?

Answer:

To pass the CA Foundation exam all candidates are required to secure minimum 40% marks in all papers and an aggregate of 50% in all papers. Check CA Foundation pass percentage for more details.

Question:When the CA Foundation 2024 result for June session be declared?

Answer:

ICAI will declare the CA Foundation 2024 result for June session tentatively in the first week of August 2024.

Question:What is the exam pattern in CA Foundation course?

Answer:

There are four papers in CA Foundation course. Paper 1 and 2 are subjective and Paper 3 and 4 are objective. For complete details check the CA Foundation exam pattern .

Question:Are official mock tests available for CA Foundation exams?

Answer:

Yes, ICAI provides official mock test papers for CA Foundation exams. The mock test can be easily accessed on the official website of ICAI under the ICAI BoS Knowledge Portal.

Question:How many papers are there in CA Foundation exam?

Answer:

There are four papers in CA foundation exam-

  • Principles & Practice of Accounting
  • Business Law & Business Correspondence and Reporting
  • Business Mathematics, Logical Reasoning and Statistics
  • Business Economics and Business and Commercial Knowledge

Question:I have completed my class 10. Can I register for CA Foundation programme?

Answer:

Yes, as per the eligibility criteria, candidates who have passed class 10 exams can provisionally register for CA Foundation exam 2024.

Question:What is the last date to fill the CA Foundation application form for June 2024 exams?

Answer:

The last date to register for the June session CA Foundation 2024 exams was February 1, 2024 without late fees.

Question:What is the application fees for CA Foundation exams?

Answer:

To register for CA Foundation 2024 exams, candidates have to pay Rs. 9200 in online mode.

Question:Where can I register myself for CA Foundation exam?

Answer:

You can register yourself for CA Foundation 2024 exam on the official website of ICAI under the e-services dashboard.

Question:When will the CA Foundation June 2024 exams be conducted?

Answer:

CA Foundation exams 2024 for June session will be conducted on 20, 22, 24 and 26, 2024.

Questions related to CA Foundation Exam

1 Million+ Questions answered |Get answers within 24 hours Ask Now
Showing 48 out of 48 Questions
7 Views

whats the road or exams in the path of Ca

Rishitha 29th Feb, 2024

If you chose chartered accountant (CA), then you have to write several exams and practical training. Here are some exams to write in your road to pursue CA, that are conducted by ICAI.

  • If you have passed 10th, then you can take an entry level exam. This foundation course consists of 4 papers
  • If you are a graduate or postgraduate with specified marks or higher degrees or you passed the foundation course then you can register for the IPCC. It consists of 2 groups with 4 papers each.
  • After you pass either 1 or both groups of IPCC, you should pursue articleship.
  • After completion or if you still have 6 months of your articles hip time, you can appear for the CA final exams. It consists of 2 groups each consists of 4 papers.
  • Before appearing for your final exams, you should undergo AICITSS during the last 2 years of practical training.
  • After you have passed in final exams and articleship, you can be a member of ICAI and can use Chartered Accountant before your name.
39 Views

What is CA foundation exam and books total fees

Shivanshu 5th Feb, 2024

Dear aspirant !

Hope you are doing well !

CA Foundation Exam Pattern 2024 – Details

  • The CA Foundation examination consists of four papers.
  • Paper 1 and Paper 2 are subjective type papers.
  • Paper 3 and Paper 4 are objective type papers.
  • The CA Foundation exam is conducted for a total of 400 marks, with each paper carrying 100 marks.

Candidates must successfully clear their 10th and 12th exams from a recognized educational institute . Also, the minimum mark they need to attain in their 12th standards is 50% aggregate. There is no age restriction to apply for the CA foundation.

The details of this exam is given below ;-

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://finance.careers360.com/exams/ca-foundation-exam/amp&ved=2ahUKEwjev-n0t5KEAxWOSmwGHYFyBicQFnoECB0QAQ&usg=AOvVaw2eBxiO3YusK-Mh7jFbZ1Dp .

Hope it helps you !

Thanking you !!

6 Views

WHAT IS THE MEAN OF BREACH OF CONTRACT

Rishitha 6th Feb, 2024

A breach of contract refers to the failure of one party to fulfill its responsibilities under the terms of a contract, that leads to legal consequences and potential remedies for the non breaching party. In simple terms, it's when one party doesn't do what they promised to do in a contract.

A breach of contract can take various forms, including:

  1. Material Breach
  2. Minor Breach
  3. Anticipatory Breach
  4. Actual Breach.
11 Views

OMR sheet in question booklet no. in ca foundation exam maths and then rectified it with the whitner while the no. in boxes is correctly written will it cause any problem ?

Tanya Gupta 24th Jan, 2024

Hello,


I'm assuming you mean that you wrote wrong question booklet number in CA Foundation Maths exam and then corrected it using a whitener and wrote the correct number over it. If this is the case, then you don't need to worry as such mistakes happen a lot among students every year and as we cannot replace the OMR sheet, the invigilators suggest to use whiteners.

It's perfectly normal and acceptable. You need not worry about anything.

Hope this helps,

Thank you

17 Views

when ca foundation exam starts

Sajal Trivedi 29th Sep, 2023

Hello aspirant,

Due to unforeseen circumstances, the Institute of Chartered Accountants of India (ICAI) has changed the exam dates for the CA Foundation 2023 December session. The CA Foundation December 2023 exam will be held on December 31, 2023, and January 2,4,6, 2024, according to the updated CA Foundation timetable. Registration for the December 2023 session of the ICAI CA Foundation is currently closed. The CA Foundation June 2023 results had already been made public by the institute on August 7, 2023. A new education and training programme has also been announced by ICAI, and it will go into effect on July 1st, 2023.

For more information you can visit our site by clicking on the link given below.

https://finance.careers360.com/articles/ca-foundation-important-dates

Thank you

Hope this information helps you.

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