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ICAI Proposed CA New Scheme 2023 Latest Updates, Applicability, New Syllabus

CA Foundation is the first step to fulfill the dream of Chartered Accountant. CA Foundation Examinations are held twice a year in the months of May/June and November/December. It is a perfect destination to kickstart your chartered accountancy journey as it  helps a candidate in understanding various accounting principles and their implications on various kinds of accounts.

CA Foundation Subject Wise Fees Both For Online & Offline Class

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Eligibility :

Under the new scheme, the eligibility criteria for CA Foundation will be updated. Students can now appear for the CA Foundation examination after clearing their Class 12 board exams and completing a minimum study period of 4 months.

Study Period :-

Register and complete 4 months of theoretical education for the Foundation Course.

Eligibility for Examination :-

Candidate shall be admitted to Foundation Examination, if

He has appeared in Senior Secondary (10+2) examination conducted by an examining body constituted
by law in India or an examination is recognized by the Central Government or the State Government as
equivalent thereto

Subjects of CA Foundation Level :-

Paper – 1: Accounting (100 Marks)
Paper – 2: Business Laws (100 Marks)
Paper – 3: Quantitative Aptitude (100 Marks)

– Business Mathematics
– Logical reasoning
– Statistics

Paper – 4: Business Economics (100 Marks)

Fee Details of CA Foundation:-

Details of Fee Rupees For Foreign Student U$
Foundation Registration Fee Rs. 9,000/- $700
Subscription for Members' Journal Optional Rs. 400/- $40

CA Pass Percentage :-

  • Under the ICAI new scheme 2023, students must score at least 50% marks in aggregation to pass the CA Foundation exams.

  • Additionally, ICAI will introduce a negative marking of 0.25 for every wrong Multiple Choice Question (MCQ) answer in the new course.

Requirements for passing Foundation Examination

A candidate is declared to have passed the Foundation examination, if he obtains at one sitting a minimum of 40% marks in each paper and minimum of 50% marks in the aggregate of all the papers. Paper Numbers 1 & 2 will be subjective type while paper numbers 3 & 4 will be objective type with negative marking.


Subjects For CA Foundation Course

Paper 1

Principles and Practice of Accounting

Paper 2

Business Laws & Business Correspondence and Reporting

Paper 3

Business Mathematics and Logical Reasoning & Statistics

Paper 4

Business Economics & Business and Commercial Knowledge


How many marks are required to pass the CA Foundation exam?

Candidates should score a minimum of 40% marks on every paper and a minimum of 50% marks in a combination of all the papers to pass the CA foundation examination. CA Foundation examination is an offline examination conducted double a year.

What is the foundation course of CA?

The CA Foundation test comprises four papers, namely Principles and Practice of Accounting, Business Laws and Business Correspondence and Reporting, and Business Mathematics, Logical Reasoning & Statistics. This test is partially subjective and partially objective.

Who is eligible for the CA Foundation course?

Students Who have appeared in Class 12th Examination.

Can I write my CA exam after my 12th grade?

Yes, You can immediately join CA after completing your 12th-grade education. You must pass certain exams, Kalyan Educational Institute Provides free counseling you can contact Kalyan Educational Institute for proper guidance.

How much does CA Foundation cost?

The CA foundation course fees amount to approximately ₹10,700. At the time of course registration, you must pay ₹9,000 as CA Foundation registration fees and an additional ₹1,500 when registering for the exam.