What is CA Foundation, How Can You Enroll, Corporate Studies

What is CA Foundation?

CA Foundation

CA Foundation is a professional course to get the expertise in accounting or the field of commerce and It is the first stage to outer in the CA as a professional course. It can be opted by any of the stream people.  A person can be entering into this course through registration in ICAI.

What is CA Foundation, How Can You Enroll, Corporate Studies

For this, the course is always based on knowledge of a person, for the CA Foundation, the exam is conducted in only two times in a year that is in November and May. In CA foundation a student after passing 12th have to opt for CA foundation but a person who had done his / her graduation of any stream in science, commerce & Arts from any certified university can directly opt for CA inter.

The only purpose of a student to opt for this course is to gain the knowledge of commerce that he/she may not be getting in college and to start the CA from the very beginning to make their basis very strong from the starting.

ICAI

ICAI has so many branches in India and has 196 branches all over the world. Each chapter of the course is having knowledge of commerce. CA foundation is made to make a strong base and to apply the small knowledge of commerce in practical life. This course is one of the most difficult courses in India.

CA Foundation Registration & Fees

For Registration & procedure student have to visit the ICAI website. ICAI has its separate website to visitwww.icai.org. And fill the forms according to the application field. The fee for the registration is Rs. 9200/- and after 15 days they will send the ID on the registered Address.

CA FOUNDATION Course/Subjects

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

In which Business Economics and Business Mathematics paper are objective and the rest of them are subjective. CA Foundation course can be done by the entire stream student whether they are medical, non- medical, or art. In fact, No accounting background of Math can also do. All streams can do CA after above the 50% marks in 12th or B.com graduation.

ICAI includes three levels:-

  1. CA Foundation
  2. CA Intermediate
  3. CA Final

CA foundation syllabus

  1. Business Laws and Business Correspondence & Reporting which include 5 subjects;
    1. Indian contract 1872
    2. Sales of good act 1930
    3. Indian partnership act
    4. Company law 20B
    5. LLP act
    6. Rest of them is English which are of 40 marks
  2. Business Mathematics, Logical Reasoning & Statistics which include 40 marks of statistics 40 marks of Math and 20 marks of logical reasoning.
  3. Principles and Practice of Accounting
  4. Business Economics, Business & Commercial Knowledge

These papers are of 100 marks and to pass this course, 40% marks are compulsory. There were 2 papers of subjective which include negative marking also 0.5 deduct from every one wrong answer.

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