Chartered Accountancy CA Foundation
Are you undecided about your professional path and confused? Are you interested in a career in business, finance, or accounting?
Then we would advise that you make Chartered Accountancy your first choice. CA, or Chartered Accountancy, is a field of study that focuses on the analysis, auditing, and taxation of business finances. Course administration is handled by the ICAI. After completing the CA course, applicants can work in a company’s taxes and financial sector, beginning with titles such as consultants, auditors, financial managers, and others.
When you want to become a Chartered Accountant, you need to start with the CA Foundation Course. Accountancy, business law, mathematics, and economics are the foundational subjects covered at this level.
What is CA?
CA is an abbreviation for Chartered Accountancy. The Institute of Chartered Accountants of India (ICAI) was established in 1949 under the Chartered Accountants Act. Regulation of the CA profession in India is a priority, hence this law was enacted to make it happen. Aspirants can pursue a profession as a CA after completing their 12th grade by researching numerous CA course facts. Participants are required to score well on the ICAI CA exam.
Each successive level of CA material will increase in complexity in line with the corresponding increase in level difficulty. Furthermore, the subjects are developed so that graduates have all of the necessary skills and knowledge to enter the wide CA employment market.
CA Course Details
The CA course specifications provide all of the information needed for a student to pursue the Chartered Accountant programme. The CA course is divided into three levels:
CA Foundation: To become a CA, you need to pass a national exam at the introductory level called the CA Foundation. The investigation is currently taking place in a non-online setting. The Chartered Accountant examination is conducted every two years by the ICAI. You’ll have 180 minutes to complete each paper for 100 points.
CA Intermediate:
This course is meant to help students transition from learning the basics of CA to learning more advanced CA material. Students will get the technical expertise required to become a CA through this course. The CA Intermediate Exam is available to those who have passed the CA Foundation Exam both singly and in groups (subject groups).
CA Final Level:
If you want your CA final grade, you have to finish all of your topics in one session. In the event that they do not, they will be required to retake all of the exams from that level.
ThStudy Guides and CA Foundation Curriculum
There are four modules that make up the CA Foundation course. Accounting, business law, mathematics, and economics are all part of the curriculum. Once a year, ICAI publishes the CA Foundation Syllabus. Following are the exam subjects –
Paper 1 – Principles and Practices of Accounting
Paper 2 – Business Law and Business Correspondence and Reporting
Paper 3 – Business Mathematics and Logical Reasoning and Statistics
Paper 4 – Business Economics and Business and Commercial Knowledge
The course material must be completed within four months. In addition, students can see what they will be learning over the next few years by reviewing the full CA Syllabus.
Patterns & Papers for the CA Foundation Exam
You must be familiar with the CA foundation course, the paper pattern, the marking scheme, etc. to do well on the tests. Accounting and law are the first two papers, with their mixture of theoretical and practical questions, while mathematics and economics are the other two, with their multiple-choice format questions. The redesigned method maintains the current objective paper negative marking of -0.25.
CA Foundation Documents Required
Students taking the CA foundation exams must bring the following documents with them –
- Admit Card with Attestation or Mark Sheet from the Board of School Education.
- Photograph of the candidate at passport size.
- NRI students must provide proof of nationality.
- Attested certificate of proof of special certificate for special category
- 10th grade sheet
Candidates for the CA Foundation test must present the above-mentioned documents. Special certificates are only required if the candidate requires them.
Getting Ready for the CA Foundation Exams
Students can easily pass the CA Foundation examinations on their first try with enough preparation. So, if you want to do well on the CA Foundation examinations, you should look over some helpful preparation recommendations.
- Make a study schedule and stick to it before beginning your studies.
- Students who struggle with mathematics should pay special attention to statistics and logic.
- Take good notes on each subject as you learn it.
- Learn how to maximize your calculator’s efficiency to gain precious minutes during tests.
- Finish CA Foundation early so you have time to review it 3-4 times.
- After you’ve finished the course material, make sure you’ve done enough practice tests.
How to enroll for CA Foundation Course
You can enroll in the CA Foundation Course, the first step in entering this field, if you have your Class XII Admit card or can prove that you have graduated from high school within the past year. The Foundation Course exam is given twice yearly, in May and November, with results being announced within three to four weeks of the exam’s completion. It’s a well-respected national test, and anyone with a 10+2 diploma can take the CA Foundation Exam; participation is not limited to students with a background in business or economics; students from the sciences and the humanities are also welcome to apply.
CA Foundation Online Coaching with Learning Potato
Our CA foundation online course will be taught by one of the best qualified faculty. Our teachers do an excellent job of explaining each and every concept covered in CA foundation classes. Our reliable classes will host the lessons so that students may focus on their education. Students will also receive regular practice exams and individualized instruction. We take great pleasure in our staff of skilled and passionate faculty members, who are all committed to providing our students with the best CA foundation online teaching.