FAQs
1. What are the entry routes to CA Course?
There are two entry routes to join CA Course
Route 1 | : | CA Foundation Route |
Route 2 | : | Direct Entry Route |
2. How to register to CA Foundation Course?
There are four different options to get enrolment to CA Foundation Course
Option 1 | : | Pass Class X examination and get registered |
Option 2 | : | Register while you are persuing last 6 months of your Class XII |
Option 3 | : | Register after completing Class XII examination |
Option 4 | : | Register while persuing graduation course after Class XII. |
3. What type of registration it will be under option (a) to option (d) above?
Option 1 and Option 2 above shall be referred as “Provisional (temporary) registration”.
Your provisional admission to Foundation course will be confirmed only when you clear Class XII exams.
Registration under Option 3 and Option 4 it is treated as a valid registration to write CA Foundation Examination.
4. What is the opinion of Prerna Academy about different registration options?
Prerna Academy recommends that students should opt for Option 2 as it makes you eligible for September Examination to be held immediately after your Class XII.
5. What are the steps to pass CA Foundation Examination in brief?
Step 1 | : | Get yourself validly registered with ICAI for CA Foundation Course |
Step 2 | : | Wait for minimum 4 months |
Step 3 | : | ICAI notifies about examination schedule in its official website |
Step 4 | : | Fill the examination form and pay the examination fees |
Step 5 | : | Download admit card and check the examination center allocated to you |
Step 6 | : | Write the examination and pass with prescribed percentage of marks |
6. Can you please guide me about the registration process online?
Step 1 | : | Visit https://www.icai.org/post/students-services |
Step 2 | : | Click on the second option under the Student Services Segment i.e. Entry level forms (Foundation and Intermediate (Direct Entry)) |
Step 3 | : | Fill in the personal details asked for. Importantly, provide Email-ID and mobile number wherein OTP will be sent |
Step 4 | : | Submit softcopies of list of documents asked for |
Step 5 | : | After successful submission, ICAI will confirm the registration |
7. What shall be the registration fees to CA Foundation Course?
Rs. 9,000
Note: Prerna Academy recommends that students should opt for Journal which is available at nominal fees as it boosts your knowledge and get more insights on CA Course and different CA related topics.
8. How many examinations will be held for CA Foundation Course in a year?
As per the ICAI announcement dated 24th April, 2024, the Institute has decided that [from 2024 onwards] Foundation course Examinations will be held thrice in a year in the month of May/June, September, and January.
9. What is the cut off date for registration to make yourself eligible for the aforesaid examination?
Minimum four months prior to your examination i.e.
- For May/June attempt : Registration shall be made on or before 1st January
- For September attempt : Registration shall be made on or before 1st May and
- For January attempt : Registration shall be made on or before 1st September
Note:
Prerna Academy recommends that students should do the registration at least 6 months prior to your examination because you can get study material on time, you can have a proper glance into your syllabus in depth, you can plan your financial burden, you can properly plan your coaching classes etc.
10. Do we have to get any minimum marks in Class XII to register for CA Foundation Course?
Yes. It is 50% or more in Class XII examination.
11. What are the Papers at Foundation Level?
Paper 1 | : | Accounting [100 Marks] |
Paper 2 | : | Business Laws [100 Marks] |
Paper 3 | : | Business Mathematics [40 Marks] |
Logical Reasoning [20 Marks] | ||
Statistics [40 Marks] | ||
Paper 4 | : | Business Economics [100 Marks] |
12. Where could we access the syllabus for the above papers?
https://prernaacademy.org/ca-foundation-syllabus/
13. Will ICAI provide study material for the above papers?
Visit https://cds.icai.org/ui/l/
The study material will be delivered to your home at free of cost as the cost is already covered in the registration fees.
Further, study material is also available online at https://boslive.icai.org/study_material_new_paper_details.php? c=foundation&language=English
14. How will be the examination pattern?
Paper Numbers 1 & 2 will be subjective type while paper numbers 3 & 4 will be objective type [MCQ Pattern] with negative marking.
15. What is negative marking?
For every wrong answer one-fourth of a mark will be deducted
Let us explain this with one example
In paper 3, assume a student had attempted for all 100 marks
Out of which he/she made 60 correct answers and 40 wrong answers.
So, his/her final marks will be 50 because 10 marks [i.e. 40 wrong answers * 0.25] will be deducted for wrong answers.
16. What are the passing criteria?
Get minimum of 40% marks in each paper and minimum of 50% marks in the aggregate of all the papers.
Let us explain this with few examples
Example 1:
Paper 1 – 40
Paper 2 – 40
Paper 3 – 40
Paper 4 – 40
Total – 160
Result – FAIL
Example 2:
Paper 1 – 50
Paper 2 – 50
Paper 3 – 50
Paper 4 – 50
Total – 200
Result – PASS
Example 3:
Paper 1 – 50
Paper 2 – 50
Paper 3 – 50
Paper 4 – 40
Total – 190
Result – FAIL
Example 4:
Paper 1 – 60
Paper 2 – 40
Paper 3 – 60
Paper 4 – 40
Total – 200
Result – PASS
17. Is there any validity period specified for CA Foundation Course?
Yes. It is 4 years from your first eligible CA Foundation Examination attempt.
18. Is there any option to renew your registration after 4 years?
No.
19. Many colleges offer in house classes for CA Foundation from Class XI itself. What is the opinion of Prerna Academy on this?
In fact, these are brain washing and money-making strategy adopted by colleges and their associated CA coaching centers. Since ICAI itself recommended 4 months study training, we strongly believe that such recommendation is done this after deep thought process and research rather than cheap strategies which is sold outside. Following facts will also justify our stand
- You will be already undergoing minimum six hours in your colleges for pursuing Class XI or Class XII every day. In addition to that if you are planning for extra CA Foundation class hours then is not a rational decision as there will not be much focus left on study.
- Some topics of CA Foundation levels are too like your Class XI and Class XII but thought in little advanced manner under CA Foundation paving way for confusion.
- Full pledged concentration and focus after clearing your class XII examination is more than sufficient to clear CA Foundation Course.
- Subjects are far familiar to what you have studied till your Class XII and hence, CA foundation does not require intense education training for two years as suggested by your colleges and its associated coaching centers.
So, Prerna Academy believes that please focus on Class XI and Class XII completely. Finish Class XII examination and then join coaching centers you prefer and give your full dedication for 12-14 hours a day completely to CA Foundation. If followed, then nothing in this world can stop you from passing CA Foundation in first attempt.