CA Foundation Eligibility Criteria 2023 – The Institute of Chartered Accountants of India (ICAI) is responsible for announcing and administering CA Foundation Eligibility Criteria. The exam for CA Course 2023 is conducted twice a year, in May and November.
Students should have a sufficient understanding of CA Foundation qualifications to reduce the likelihood of having their application rejected. Before applying for the exam, applicants should verify that they meet the eligibility requirements. Read this article to learn more about the ICAI CA foundation eligibility criteria.
CA Foundation Eligibility Criteria 2023
It is possible to register for the CA Foundation Exam 2023 if you are in class 12 or passed the Class 12 examination from a recognized board. In addition, once a student has met the requirements to sit for the Senior Secondary Examination, then that student is eligible to take the Foundation Examination.
A student who has successfully gotten themselves enrolled for the Foundation Course is required to complete a minimum study time of four months to fulfil the eligibility criteria for the CA Foundation course.
CA Foundation Age Limit
The body administering the CA Foundation examination has not placed an age limit on participants who are allowed to take the exam.
CA Foundation 2023 Registration
Candidates seeking admission to the CA Foundation programme must complete the registration process issued by ICAI. Candidates can register with Board of studies after the 10th Class.
After registration, candidates need to fill CA foundation exam form May 2023. Only the students who fill the form will be eligible to appear for exam.
CA Foundation Educational Qualification
The candidate must have their 10th and 12th class education completed by a recognized board. Candidates can take provisional admission after the completion of their 10th class. They can then give their exams for CA foundation after the 12th class. Thus, their CA exam duration remain same.
CA Foundation Minimum marks
Candidates will be entitled to register for the CA Foundation 2023 exam if they have passed the Senior Secondary Examination with an aggregate score that is at least equal to or more than fifty percent.
Admit cards for the CA Foundation 2023 test will only be issued to candidates who meet all of the qualifying requirements for the CA Foundation exam. Therefore, candidates for the CA Foundation test must familiarize themselves with the CA Foundation 2023 Syllabus and the CA Foundation Exam Pattern well before the scheduled CA 2023 exam date.
Exemptions for CA Foundation Eligibility Criteria 2023
The Institute of Chartered Accountants of India (ICAI) also provides an option for applicants to get admission to the Chartered Accountancy programme via a direct entrance path. These candidates are exempt from taking the CA Foundation test, and as a result, they can enrol for the CA Intermediate level of the course without first having to take the CA Foundation exam.
The applicants who are exempted from the requirements are as follows:
- Candidates who have earned a bachelor’s degree or higher in the field of commerce and have obtained a minimum grade point average of 55%.
- Candidates who have graduated from an accredited academic programme have a minimum grade point average of 60%.
- Candidates who have passed the CS Executive level exam offered by the Institute of Company Secretaries of India (ICSI) or the CMA intermediate level exam offered by the Institute of Cost Accountants of India are eligible to apply (ICMAI).
Also read
- CA Syllabus 2023 PDF
- CA Result 2023 Check Online
- CA Foundation 2023 Exam Date
- CA Foundation Admit Card 2023 Download
- CA Foundation Exam Centre List
- CA Intermediate 2023
FAQs Related to CA Foundation 2023 Eligibility Criteria
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Who is eligible for CA Foundation?
Candidates who have passed the Class 10 examination from the state or central government board or an equivalent examination can apply for the CA Foundation exam.
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Can 12th student apply for CA Foundation?
After passing the 12th board examinations, students who intend to pursue a career in accounting in the science stream can apply for the program’s entry-level exam, the CA Foundation exam. They will be qualified to apply for the CA Foundation examination once they have passed the 12th examination.
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How many attempts CA Foundation?
Once you have registered, it will be valid for three years. In this period candidates can apply for the CA Foundation May/ November examination. Candidates can apply and appear for a maximum of six attempts in three years. Visit the official website – icaiexam.icai.org.