Everything you need to know about CA Foundation Course 2020

What is CA foundation Course?

The CA Foundation Course is the new entry-level exam for students who wants to pursue career in Chartered Accountancy. Earlier it was known as the Common Proficiency Test. CA Foundation as the name suggests is laying down basic inquisitive in someone knowledge. The CA Foundation course is to understand accounting principles and implications of study on various kinds of accounts.

With the change in foreign policy and disinvestment plans, the accountant is adhered to study on the standard of international levels. ICAI has been progressive in understanding the demand of the situation and revising the old course to an updated one.CA Foundation course 2020 was earlier CPT course which is now CA foundation course with few changes, with effect from September 2017.The new CA foundation syllabus is considered to be more competitive and hard as compared to old syllabus. The same tone is been set for all the exams of CA course. This article you will get details about CA Foundation Course Registration process, Fees, Important dates and Eligibility.

Complete CA Foundation Course Guide 2020:

Details   May 2020 Attempt Nov 2020 Attempt
Name of the course   CA Foundation Course May 2020 CA Foundation Course Nov 2020
Total CA Foundation
Fees 2020
Rs. 11,300 Rs. 11,300
Important dates to remember 31st Dec 2019 (last registration date for CA Foundation May 2020 exams 30th June 2020 (last date of registration for CA Foundation November 2020 exams)
CA Foundation Eligibility criteria 12th Passed or Appeared in 12th exams 12th passed Appeared in 12th exams
CA Foundation Registration validity Valid till May 2023 Valid till Nov 2023
CA Foundation Examination held May 2020 November 2020
CA Foundation Result July 2020 (Expected) January 2020 (Expected)
CA Foundation Cut off rate 40 % marks in each subject or 50 % marks in aggregate 40% marks in each subject or 50% marks in aggregate
CA Foundation Course Duration 4 Months 4 Months

CA Foundation Eligibility:

All the students who have passed 12th examination or going to appear for 12th conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent there to, can register for foundation course.

CA Foundation Eligibility Criteria as follows:

– Candidate must have passed or appeared in this year for Class 12 or any equivalent examination carried out by a recognized board.

– Candidates must have registered for the CA Foundation (by December 31, for May session and by June 30, for November session)

– After successful registration candidate will have to undergo a minimum of 4 months of study period before appearing for the foundation exam

* No Minimum Percentage marks are required in 12th Examination to register in CA foundation course.

*If you are graduate or postgraduate and are inclined to join this profession you are exempted from this level and can directly register at intermediate level via ICAI CA Direct Entry Scheme.

* Now, as you know, it was the last attempt for CA CPT in June 2019. From November 2019, only CA Foundation Exam will be held by ICAI. So, all the students pursuing CA have to give CA Foundation Exam only.

Important dates to remember:

If you are eligible for CA foundation registration you need to look for the dates to register for the course. The last date to register for foundation course of May attempt is 31st December (in Previous Year) to appear for May attempt exams. If you missed the date you can apply for November 2020 exams in the month of June 2020.

ICAI opens the CA Foundation registration twice a year and the exams are also held twice in a year in the month of May and November. ICA Foundation exam will be held in the Month of May 2020 on 11th, 13th, 15th & 17th. Candidates who have not applied online for CA Foundation May session on or before February 26 will have to pay a late fee of Rs. 600 to apply online till March 04, 2020. You can only register yourself online through ICAI official website SSP portal for the CA foundation course. There is no offline registration procedure. You need to be careful while filing your basic details because of any correction after updating the levies cost.

CA Foundation Registration Details:

For Registration the candidates should keep the following list of scanned documents ready 1. Attested copy of admit card/ marksheet of class 10th 2. Attested copy of admit card/ marksheet of class 12th 3. You need a passport size color photograph. 4. Attested copy of proof of special category certificate i.e for SC/ST, OBC, Differently abled student.

Registration Procedure

CA foundation course online registration process is as follows: 1.Go on ICAI website and on students tab go to course registration column. 2.Click on course registration form. 3.In the New page click on new user 4.Fill details like name age, date of birth gender, Adhaar card no, email id and phone number and password 5.You will get OTP for verification of details 6.Once your basic details are verified, you are guided towards the next step 7.Your profile is created and now you are asked to fill the pending details 8.After filling details you are asked to make a payment, which is registration fees and online foundation brochures fees. You should also avail of the optional facility of the journal for a student for having updated news related to the course and syllabus. The total amount is around 9800 which doesn’t include examination fees. 9.Master/Visa/Maestro Credit/Debit/Rupay/Net Banking details Card for required for making an online payment. 10. Once payment is made you get a PDF file mentioning your details and registration number. 11. You need to take a print out of this PDF file and paste passport size photograph and sign it, if not attached earlier online. 12. Attach Documents along with the PDF file and send it to the regional office center within 7 days of registration. 13. You get a registration certificate within a month after the procedure.

CA Foundation Registration Fees 2020

The total CA Foundation Course 2020 Fees is about ₹11300, where you need to pay ₹9800 at the time of course registration and ₹1500 at the time of registering for the examination. The subscription charges for journals are optional but we suggest you register for those journals as it will keep you updated with CA Foundation course and other study materials.

CA Foundation Registration Validity

Once you have registered to this course your validity remains for 3 years and can be re validated any number of times for further 3 years by paying revalidation fee of Rs. 300/. Further If you, unfortunately, fail to clear your CA foundation exam on the first attempt you can have 5 more attempts to clear exams without paying CA registration fees again.

Table of CA Foundation Course Fee Structure

Fees for Foundation form 200 Rs.
CA Foundation Registration Fees 9000 Rs.
Subscription charges for members and students (optional) 600 Rs.
CA Foundation Examination fees 1500 Rs.
Total fees for CA Foundation 11300 Rs.