Stargate Education

CA Foundation Course 2023: Complete Guide

Embark on a journey of excellence and open doors to limitless opportunities in the world of finance. Our CA Foundation course equips you with the knowledge, skills, and confidence needed to excel in your exams and lay a strong foundation for your future as a chartered accountant.

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Overview:

The CA Foundation Course is the initial level of the CA Program, designed to set you on the path to becoming a Chartered Accountant. During this stage, you will gain knowledge in accounting principles, business laws, mathematics, and economics. The exams for CA Foundation are conducted twice a year by the Institute of Chartered Accountants of India (ICAI), in May and November.

Students who have appeared or completed their Class 12th examinations are eligible to register for the CA Foundation course. If you fulfill this criterion, you can take a significant step towards your CA journey.

Once you meet all the eligibility requirements, you can register for the CA Foundation course. After registration, you will have approximately four months to prepare and study the syllabus before attempting the exams.

The ICAI CA Foundation syllabus comprises four papers, covering essential subjects to provide you with a strong foundation for your CA career:
Paper-1: Principles and Practice of Accounting
Paper-2: Business Laws and Business Correspondence and Reporting
Paper-3: Business Mathematics and Logical Reasoning & Statistics
Paper-4: Business Economics and Business and Commercial Knowledge

Our comprehensive CA Foundation Course will equip you with the necessary knowledge and skills to excel in the CA Foundation exams.

Resources for CA Foundation Course By Stargate Education

new scheme of education and training for the CA Course.

The Institute of Chartered Accountants of India (ICAI) has introduced a CA New Scheme of education and training, which was officially launched on 1st July. This scheme, announced in the Indian Gazette on June 22nd, 2023, entails significant changes to the CA course curriculum and the duration of practical training.

Starting from May 2024, the new scheme will be applicable to all new candidates registering for the CA examination at all three levels - CA Foundation, CA Intermediate, and CA Final. ICAI released details of the revised CA syllabus on July 1, 2023, to ensure aspiring Chartered Accountants are well-informed about the forthcoming changes.

There are also many changes in the eligibility, registration validity, syllabus, subjects, paper pattern, passing criteria, exemptions, training leaves, and leaving the CA course. Read in detail about New Scheme

CA Foundation Study Material

We offer a curated selection of top-quality study materials and books that are tailored to enhance your preparation for the CA Foundation exams. Our commitment to providing comprehensive and effective resources is a testament to our dedication to your success.

But that's not all – we don't just stop at study materials. We also take pride in offering the Best CA Foundation Coaching in Delhi. If you're looking to enroll in a coaching program that is designed to provide you with the knowledge, skills, and strategies needed to excel in your exams, you've come to the right place. Our coaching is designed to give you the competitive edge you need to conquer the CA Foundation exams with confidence.

CA Foundation Exam Pattern 2023

Understanding the exam pattern of the CA Foundation is crucial for effective exam preparation. It provides valuable insights into various aspects such as the distribution of marks across chapters, how questions are structured, the scoring system, exam mode, the presence of negative marking, and more. The CA Foundation exams, which are conducted twice a year in May and November by the ICAI, follow a specific format.

CA Foundation Exam pattern applicable to the May 2023 attempt. It covers essential details such as the minimum marks required to pass, the structure of the papers, and the allocation of marks to different chapters. Additionally, you can find comprehensive information about the CA Course, which will help you gain a clearer understanding of the entire process.

CA Foundation Registration 2023-24

CA Foundation Eligibility Criteria for Registration in 2023-24

The government of India has granted approval to the institute for amending regulations 25E, 25F, and 28F of the Chartered Accountants Regulations, 1988. As a result, candidates can now provisionally enroll in the ICAI Foundation course after passing their Class X examinations.

Provisional Registration:

After successfully passing the secondary school examination (Class X) or equivalent matriculation exams, such as Madhyamik Pariksha conducted by a recognized examining body in India, you become eligible for admission to the CA Foundation course. Moreover, any examination recognized by the Central Government (CG) or the State Government (SG) as equivalent to the 10th Class examination for Higher Secondary Education (HSC) will also qualify you for admission.

Regular Registration:

Successful completion of the Class XII examination qualifies you to enroll with ICAI as a regular candidate for the CA Foundation course. Once you have appeared in the Class XII examination, you can proceed to take the CA foundation examination.

Graduate students have the advantage of being eligible for direct admission to the CA Intermediate course. This means that they can skip the CA Foundation examination and proceed directly to the Intermediate level.

Registration Dates of CA Foundation 2023-24

Session Last Date
Registration May 2023
1st January 2023*
Registration December 2023
1st July 2023*

CA Foundation Course Details 2023

For students seeking information about the CA Foundation Course, the following table provides all the necessary details. It includes the eligibility criteria, exam level, exam duration, mode of examination, total fees, and other relevant information.

Particular Details
Exam Name
CA Foundation
Conducted by
Institute of Chartered Accountants of India (ICAI)
Exam Level
National Level
Eligibility
Completed or Appearing in Class 12th
Preparation Period
4 Months
CA Foundation Course Subjects
  1. Principles and Practice of Accounting

  2. Business Laws and Business Correspondence and Reporting

  3. Business Mathematics and Logical Reasoning & Statistics

  4. Business Economics and Business and Commercial Knowledge
Duration of Exam
3+2 Hours
Mode of Exam
Offline
CA Foundation Total Fees
Rs. 10,900 or $1065 (for Foreign students)
Frequency
2 times in a year i.e. May and November
Passing Criteria
Per subject – 40%

Aggregate – 50%

CA Foundation Important Dates for November 2023

The CA Foundation Exams for the Institute of Chartered Accountants of India (ICAI) will begin on the 14th of Dec 2023.

Ca Foundation Subjects Exam Dates
Paper: 1
Principles and Practices of Accounting
Dec 14, 2023
Paper: 2
Business Laws and Business Correspondence and Reporting
Dec 16, 2023
Paper : 3
Business Mathematics and Logical Reasoning and Statistics
Dec 18, 2023
Paper: 4
Business Economics and Business and Commercial Knowledge
Dec 20, 2023
Events Important Dates
Foundation Registration Last Date
Aug 14, 2023
CA Foundation Exam Form
Sept 14 to Oct 4, 2023
CA Foundation Exam Date 2022
Dec 14 to Dec 20, 2023
CA Foundation Admit Card
October, 2023
CA Foundation Result
Feb, 2024
CA Foundation 2023 Result Date
Feb 2024 Expected

Important Note: To achieve high grades and even secure a good rank in the exams, students are advised to give priority to the ICAI's CA Foundation study material. Completing the curriculum early will allow ample time for practicing Mock Test Papers (MTPs) and Revision Test Papers (RTPs), ensuring a thorough review of the entire CA Foundation course.

Furthermore, students can reach out to us anytime for any doubts or any kind of information. We are here to assist and support you throughout your CA Foundation journey. Feel free to contact us whenever needed.

Table of Contents
  1. Overview
  2. New Scheme Of Education And Training
  3. CA Foundation Study Material
  4. CA Foundation Exam Pattern
  5. CA Foundation Registration
  6. CA Foundation Course Details
  7. CA Foundation Important Dates
  8. Eligibility For The CA Foundation Course
  9. CA Foundation Course Fees
  10. Syllabus And Study Material
  11. Exam Pattern And Papers
  12. CA Foundation Admit Card
  13. Correction Window For The CA Foundation
  14. CA Foundation Results
  15. Career Opportunities After Doing CA
Want to pursue a career in CA?
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Welcome to Stargate Education - Your Pathway to Success in Chartered Accountancy

Welcome to Stargate Education, the leading provider of CA Foundation courses that pave the way for your success in the challenging field of chartered accountancy. We are dedicated to empowering aspiring professionals like you to unlock your potential, acquire the necessary skills, and embark on a fulfilling career as a chartered accountant.

What is the Eligibility for the CA Foundation Course?

As per the CA Foundation eligibility criteria, students who have successfully cleared their Class 12 examination conducted by a recognized board or approved by the Central Government are eligible to register for the CA Foundation course.

However, considering the delay in the declaration of Class 12th results by Central and State Boards, ICAI has made certain modifications to the eligibility criteria. Now, students who have not yet received their Class 12 exam results can provisionally register for the CA Foundation course. With this new provision, students can preliminarily enroll in the CA Foundation course after passing their Class 10 examinations. However, it is important to note that this provisional admission will only be confirmed and regularized once the candidate clears the Class 12 examinations.

For those who hold a graduate or post-graduate degree and aspire to become a CA, they have the option to directly register for the CA Intermediate exam through the Direct Entry System. This exempts them from the requirement to appear for the CA Foundation Exam.

CA Foundation Course Fees

The CA Foundation Course fee for Indian students is Rs. 10,900, and for foreign students, it is $1065. However, please note that the fee is not to be paid as a one-time payment.

During the registration process, Indian students are required to pay Rs. 9000 along with Rs. 200 for the foundation prospectus. Additionally, it is recommended to subscribe to the student's journal to stay updated with the latest information. When filing the foundation exam form, an additional fee of Rs. 1500 needs to be paid.

For foreign students, the registration fee is $700, and an additional $20 is charged for the foundation prospectus. The exam form fee for foreign students is $325.

For a comprehensive breakdown of the CA Foundation fees structure for Indian and Foreign students, refer to the table below:

CA Foundation Fee Details Indian Students Foreign Students ($)
Cost of Foundation Prospectus
200
20
Foundation Registration Fees
9000
700
Subscription for Students Journal (For one Year- Optional)
200
20
Foundation Examination Fee
1500
325
Total
Rs. 10,900
$1065

CA Foundation Syllabus and Study Material 2023

The CA Foundation course comprises four subjects, covering accounting, business law, mathematics, and economics. Each year, ICAI releases the CA Foundation Syllabus to provide students with the necessary study material. The subjects included in the syllabus are as follows:

CA Foundation Exam Pattern and Papers

To excel in the CA Foundation exams, it is crucial to familiarize yourself with the course content, paper pattern, and marking scheme. The first two papers, namely accounting and law, consist of subjective questions involving theory and practical application. On the other hand, the latter two papers, mathematics and economics, are objective-based with multiple-choice questions (MCQs). As per the revised scheme, there will be a negative marking of 0.25 for incorrect answers in the objective papers.

ICAI has provided a comprehensive and updated CA Foundation Exam Pattern, including marks allocation and weightage distribution for all four subjects. It is highly recommended to refer to the latest Exam Pattern before commencing your CA Foundation preparations.

For further assistance, you can download CA Foundation question papers, mock test papers, and revision test papers directly from Stargate Education Website. Additionally, you can access a detailed guide on CA exams for the foundation level to enhance your understanding and preparation.

CA Foundation Admit Card

Admit cards are essential for gaining entry to the examination hall during the CA Foundation exams. Typically, ICAI releases the admit cards 14 days before the scheduled exams. However, it is important to note that physical or offline distribution of admit cards has been discontinued. Instead, candidates can now download the CA Foundation admit card online directly from the ICAI website.

To ensure a smooth process, it is advisable to print the admit card at least 10 days before the exam date, avoiding any last-minute rush. Candidates are allowed to download the admit card up to three times, so it is recommended to keep 3-4 photocopies of the admit card for backup. In case of any discrepancies, such as errors in Center/Medium information resulting from incorrect details submitted during the application process, candidates have the opportunity to rectify the error after downloading the admit card.

Correction Window for the CA Foundation

The ICAI offers two correction windows for students who need to make changes to their exam forms. In the first window, there is no fee required for corrections. However, in the second correction window, students must pay a correction fee of Rs. 1000/- per application.

The Free Window Facility allows students to change their Center/Medium within one week after the last date of submitting the Examination form. On the other hand, the Correction Window Facility (with fees) permits students to make changes to their Center/Medium by paying Rs. 1000/- per application. Generally, this correction window remains open until one week before the exam. It's important to note that requests made less than 7 days before the exam will not be entertained by the ICAI under any circumstances.

CA Foundation Results

The CA Foundation exam results will be declared approximately two months after the conclusion of the exams. To check your CA Foundation Result for June 2023, you can visit the ICAI website or receive it through SMS/Email.

Career Opportunities After Doing CA

Becoming a Chartered Accountant opens doors to diverse and rewarding career opportunities. CAs are respected professionals with expertise in finance, taxation, auditing, and financial reporting. They are highly sought after by various industries and sectors for their valuable contributions to financial management and decision-making. Aspiring CAs should focus on their education, practical training, and continuous professional development to excel in this esteemed profession.

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Want to pursue a career in CA?
Book A Free Counselling Session On CA Exam Now!

Why Choose Stargate Education?

At Stargate Education, we strive to provide the best learning experience to our students. Here's why you should choose us:

Personalized Attention
We believe in individual attention and provide personalized support to each student, ensuring their specific needs and challenges are addressed effectively.
Comprehensive Course Structure
Our CA Foundation course covers essential topics, builds strong foundations, and prepares students for future challenges.
Mock Tests and Assessments
Regular evaluations to enhance exam preparedness and boost confidence with progress analysis.
Updated Study Material
Constantly updated resources aligned with the latest syllabus, offering comprehensive notes and practice questions.
Expert Faculty
Experienced, qualified faculty providing guidance, mentoring, and real-world insights to support student growth.
Flexible Learning Options
Online, offline, and hybrid modes to accommodate diverse preferences and needs for seamless learning.

Explore Individual Subjects

Embark on a focused learning journey by exploring our individual CA Foundation subjects. Each course is meticulously crafted to provide comprehensive coverage of the respective topic, enabling you to delve deeper into the subject matter. With expert faculty, interactive study materials, and regular assessments, you'll build a solid foundation and gain the confidence needed to excel in the CA Foundation exam. Choose the subjects that align with your goals, and let us guide you towards a successful career in chartered accountancy.

Our Modes of Teaching

At Stargate Education, we strive to provide the best learning experience to our students. Here's why you should choose us:

Online Mode

Experience interactive learning through our online mode. Engage with expert instructors, connect with peers, and expand your knowledge, all from the comfort of your home.

Benefits of Online Mode:

Flexibility in terms of study hours, access to recorded lectures for revision, and the ability to learn at your own pace.

Offline Mode

For students who prefer a classroom environment, we offer offline classes at our institute. These face-to-face interactions provide the opportunity for immediate clarification of doubts and direct engagement with the faculty.

Benefits of Offline Mode:

Direct interaction with faculty, immediate doubt resolution, and a structured learning environment.

Pen Drive

Our Pen Drive mode offers flexibility with recorded lectures and study materials stored on a pen drive. Students can study offline, revise at their convenience, and create a personalized study schedule for the CA Foundation course.

Benefits of Pen Drive:

The best of convenience and flexibility, Pen Drive mode offers access to recorded lectures and study materials offline, allowing students to study at their own pace and convenience for effective preparation.

Meet Our Leaders: Guiding Your Path to Success!

CA Sanjay Aggarwal is a renowned and award-winning teacher with over 40 years of teaching experience. He has conducted seminars for ICAI - NIRC NORTHERN BRANCH, received numerous accolades, and pioneered online classes in India through Eten CA. With a nationwide presence of around 150 centers, he has taught thousands of students, consistently producing top rankers. CA Sanjay Aggarwal's visionary approach and dedication to quality education have made him a prominent figure in the field, revolutionizing the way students prepare for their CA examinations.

CA ARUSHI AGGARWAL, a qualified Chartered Accountant who achieved this impressive milestone at a young age of 23. At Stargate, her primary focus revolves around helping students discover their passions, identifying the best-suited programs, and optimizing their time effectively. Arushi's unwavering support and motivation empower students to fearlessly confront life's exams and challenges. With her expertise, achieving your dreams becomes an attainable reality. Join Arushi Aggarwal at Stargate, and together, let's embark on a journey of growth and success, unlocking the full potential that lies within you.

Start Your Learning Journey Today

India's largest space where Dreams meet destination.

Book a free career Counselling now !!

Why students choose Stargate Education for their exam preparation

Srishti Patel

Batch 2022

Stargate Education is a game-changer in CA coaching. Grateful for their unmatched expertise and dedication. They ensure personalized attention, transforming my understanding of complex CA concepts. If you seek exceptional results, look no further than Stargate Education.

EKLAVYA

Batch 2022

Stargate Education revamped my CA exam prep. Expert mentorship, CA CMA Sanjay Aggarwal sir, offers a blend of classes, tests, doubt sessions, and notes. Skilled faculty and test discussions deepened my understanding. I'm confident and ready for exams. Highly recommended for CA success

Akansha Jain

Batch 2022

Stargate Education is the go-to for aspiring CAs. CA CMA Sanjay Aggarwal sir leads a comprehensive program covering classes, tests, expert faculty, and more. With well-structured study notes and personalized support, it's the best step towards your CA dreams.

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