CA FOUNDATION

About This Course
The CA Foundation Course is the entry-level exam of Chartered Accountancy. There are 4 papers in CA Foundation Course, namely, maths, accounts, law and Business Economics.

CA Foundation Syllabus:

Paper 1: Principle and Practice of Accounting
Paper 2: Business Laws and Business Correspondence and Reporting
Paper 3: Business Mathematics and Logical Reasoning and Statistics
Paper 4: Business Economics and Business Commercial Knowledge

Moreover, The Institute of Chartered Accountants of India (ICAI) is responsible for conducting the CA Foundation exam. The CA Foundation exams are held twice a year in the month of May and November.

CA Foundation Course is picked by candidates who want to establish their career in the financial fields such as Finance, Law, Economics & Accounts. By studying chartered accountancy. Now in the CA Foundation syllabus, students will learn about accounting, business law, economics, and Mathematics.

The Students have to pay Rs 10900 as the total fee for CA Foundation Course 2023. In the total CA Foundation fee the registration fee is Rs 9200 and the exam form fee is Rs 1500 and the journal membership fee(optional) is Rs 200. The complete fee has to be paid online.

A student willing to become CA can register for the CA Foundation course. The students can register for the CA Foundation course during or after class 12th.

CA Foundation Course Eligibility
A candidate must adhere to certain eligibility criteria that are fundamental to the application process before filling out the form. There are specific conditions listed below that have to be met before applying for the CA foundation by the ICAI:

⦁ In order to be eligible, the candidate must have completed his or her senior secondary education or its equivalent from a recognized board or university.

⦁ Students who had cleared their 12th from arts or science background are also eligible for the CA Foundation exam.

ICAI has now enabled class 10th students to register for the CA Foundation course before passing Class 10 examinations. In addition, this preliminary admission will only be modulated or regularised after the candidate passes their 12th-grade exams.

In order to pursue CA, Graduates and Postgraduates can directly register for the Intermediate CA exam using the Direct Entry System. Therefore, the Foundation CA exam is not required for them.

CA Foundation Syllabus
The CA Foundation Syllabus consists of 4 Papers namely, accounts, law, maths and Economics. The 1st and 2nd papers are objectives, whereas the other 2 are subjective. Candidates have to score a minimum of 40% on every paper and 50% overall to pass the CA foundation course. Given below is the CA Foundation Syllabus table divided into four papers:

CA Foundation Papers Sections

CA Intermediate

CA Intermediate or CA Inter is the second level course of the Chartered Accountancy exams. It consists of two groups of  3 subjects each. After clearing CA Foundation, a student becomes eligible to register for the ICAI CA Intermediate course. While preparing for the CA course, Intermediate is the first stage that equips the students with in-depth knowledge of the various aspects of Finance and Accounting.

Eligibility Criteria for CA Intermediate Course

The candidates can register for the intermediate course through the following two routes:

1. Through CA Foundation Course: Candidates who have qualified CA Foundation    Examination conducted by the Institute of Chartered Accountants of India (with minimum 50% marks).
2. Through Direct Entry Route: The following candidates are allowed to directly register for the CA Intermediate course:
   1. A Commerce graduate/ Post-Graduate (with minimum 55% marks) or Other Graduate/ Post-Graduate ( with minimum 60% marks)
   2. A candidate who has passed the Intermediate level exam conducted by the Institute of Company Secretaries of India or the Institute of Cost Accountants of India.

CA Intermediate Subjects

Group-1 contains syllabus of three papers like Accounts, Law and Tax.

Paper-1 Advanced Accounting (100 Marks)

Paper-2 Corporate and Other Laws (100 Marks)
Part-I: Company Law and LLP Law (70 Marks) Part-II: Other Laws (30 Marks)

Paper-3 Taxation (100 Marks)
Section-3A: Income-tax Law (50 Marks) Section-3B: Indirect Taxes (50 Marks)

Group-2 covers syllabus of remaining three subjects like Cost, Audit and FM & SM.

Paper-4 Cost and Management Accounting (100 Marks)

Paper-5 Auditing and Ethics (100 Marks)

Paper-6: Financial Management and Strategic Management (100 Marks)

Section-6A: Financial Management (50 Marks) Section-6B: Strategic Management (50 Marks)

CA FINAL

CA final is the last level course to be completed for an aspirant of Chartered Accountancy. Once the student has cleared the Intermediate level, he/she enters the last leg of CA, i.e., CA Final Course. He/she must register for a 2-year articleship training under a practicing Chartered Accountant before the CA final exam. The student must also undergo a four-week Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) during the last two years of training. After completing the articled training and passing both the Final Course groups with a minimum of 40% in each subject and 50% overall, a student can enroll as a member of ICAI and be designated as a CA.

The entire syllabus of ICAI CA Final course is divided into TWO GROUPS which is further divided into 6 SUBJECTS.

Every paper of CA Final new syllabus contains 100 marks each.

A student has to secure a minimum of 40 marks to pass in each subject. A minimum of 50% is required in aggregate to pass in each group. There is no negative marking. If a student appears for both the groups, he/she must secure a minimum of 40% in each subject and an aggregate of 50% in both the groups. If a student is unable to clear a group, he/she must attempt all subjects of the group again. Suppose the student secures more than 60 marks in any subject during a failed attempt; in that case, she/he is given exemption from appearing in exams for that subject for immediate 2 attempts. A student must appear in all four papers to be eligible for claiming the exemption. This exemption facility is present only at Intermediate & Final levels and not the Foundation level.

CA Salary  – Based on Work Profile

Organizations hire CA’s not only for their tax and accounting knowledge but also for several other abilities they possess. The income of a CA differs based on the work profile for which they are appointed. Th table given below explains the salary of CA as per their work profile:

At AP Academy we want you to succeed in your qualification, and will support you every step of the way, but we need you to put in the effort too. Practice makes perfect, so make sure to leave as much time as possible for exam preparation and practice questions.