Best CA Foundation course for Chartered Accountants after 12th
The Institute of Chartered Accountants of India (ICAI) currently offers the CA Foundation exam in place of the CA-CPT test twice a year. Students who want to become chartered accountants must pass the Intermediate along with Final levels in addition to the CA Foundation test.
In addition, the institute of Chartered Accountants of India (ICAI) is the highest authority in the legal field to offer the CA course. To be eligible, you must have a higher secondary school certificate or equivalent and have completed the 10+2 commerce stream with a minimum of 55% marks or have a degree in commerce. Furthermore, you must have taken the CA Foundation and CA Intermediate of the Institute of Chartered Accountants of India (ICAI). Lastly, you must complete the practical training period of three years to be eligible for the CA course.
Table of content
Registration
When are the exams?
Papers in the CA Foundation
CA Foundation Papers (Level - 1)
Level - 1 - CA Foundation
CA Course Eligibility
Career after CA Course
Conclusion
FAQ
Registration
However, by registering for the CA Foundation Course through the online registration form found on the ICAI website, a candidate must ensure that they do so before the deadline of either June or December, depending on the term of examination. Additionally, it is important to note that a candidate is only allowed three years to complete their registration.
When are the exams?
In June and December, tests are offered for the CA Foundation The CA Foundation exam schedule is released by ICAI in the months of July for the December term of examination and January for the June term of examination.
Papers in the CA Foundation
In total, there are four papers in the first level of the CA Foundation exam, each worth 100 points. Moreover, students are given three hours to answer the questions in each paper To successfully pass the first level, one must receive an average grade of 50%, as well as a minimum score of 40% on each paper CA Foundation Papers (Level - 1)
● Accounting Concepts and Techniques (100 Marks)
● Business Laws, Business Communications, and Business Reporting (100 Marks)
● Statistics, logical reasoning, and business mathematics (100 Marks)
● Knowledge of business, economics, and commerce (100 Marks)
Level - 1 - CA Foundation No of Papers Name of the Subject Total Marks Paper - 1 Principles and Practices of Accounting 100 Paper - 2 Business Laws and Business Correspondence and Reporting 100 Paper - 3 Business Mathematics, Logical Reasoning and Statistics 100 Paper - 4 Business Economics and Business and Commercial Knowledge 100
CA Course Eligibility
In order to take the CA Foundation Path, students must have successfully passed their high school exams with a minimum cumulative grade point average of 50%. This path consists of three levels. First, those who have passed their high school exams can take the CA Foundation exam, which is the first level. Subsequently, to sit for the level 2 exam for CA Intermediate, students must have passed all of the papers of the level 1 test with an overall aggregate score of 50%.
In order to be eligible for articles, students must have successfully completed all of the papers in the level 2 test and obtained an overall aggregate score of 50%. Furthermore, the level three exam for the CA Final is open to students who have completed the three-year Articleship. To pass the exam, students must achieve an average score of 50% in level 3 of the CA exam.
Moreover, those who have graduated in Commerce and other streams may use this approach to sit for the CA exam Additionally, CA Intermediate or Direct Path
Graduates in the business field must average a score of 55%, while graduates in other fields must average a score of 65%. Ultimately, there are 2 levels in CA Direct Path.
If students meet the prerequisites outlined above, they can take the CA Intermediate, Level 2 exam, which requires a minimum average score of 50% across all eight papers. Additionally, to be eligible for Articleship, students must have passed all of the papers in the Level 2 test with a minimum total aggregate score of 50%.
Furthermore, those who completed their three-year Articleship satisfactorily can sit for the CA Final (Level 3) exam. Finally, for students to pass the CA exam, they must have a level 3 average score of 50%.
Career after CA Course
After you've learned everything there is to know about CA Course Details after the 12th, let's look at some of the best career paths and job opportunities.
The following employment positions are appropriate for candidates who have taken the CA exam.
● Chartered Accountant
● Finance Manager
● Financial Advisor
● Financial Analyst
● Auditor
● Internal Auditor
● Public Accountant
● Cost Accountant
● Government Accountant
● Taxation Expert
● Accounting Firm Manager
Conclusion
After 12th, Chartered Accountants are responsible for choosing a best CA Foundation course for them. They need to find a course to help them learn the basics of accounting and build their knowledge in taxation, auditing, and financial reporting.
To ensure success, the best CA Foundation course for Chartered Accountants after 12th should include a comprehensive curriculum that covers all the accounting and taxation essentials. Furthermore, it should also provide the students with sufficient guidance and support to enable them to gain a complete understanding of the subject. Additionally, the course should help the students to cultivate the necessary skills to overcome the board exams and to achieve success in their chosen career path.
Furthermore, the ICAI CA Foundation course is designed to be user-friendly and easy to understand. It features a simplified language, easy-to-follow examples and illustrations, and a variety of activities to enhance the learning experience. Additionally, the course also provides practice question papers, study material, and online practice tests to help students develop their knowledge and skills. In conclusion, the ICAI CA Foundation course is a comprehensive and user-friendly program that can help students gain a thorough understanding of the fundamentals of accounting, auditing, and taxation.
Therefore, after 12th, the best CA Foundation course for Chartered Accountants is the comprehensive course offered by the ICAI. It provides students with the necessary skills to excel in the accounting and taxation field and to be successful in their chosen profession.
FAQ
1 How many years is the foundation in CA?
- Consequently, the overall length of the CA course after 12th grade is 4.5 years.
2. Is CA Foundation hard to pass?
- The substantial material and media hype about how challenging the CA are can make exam preparation very intimidating. However, passing the CA Foundation exams can be a piece of cake with the right attention, preparation, and effort.
3 Can I give CA Foundation just after 12th?
- If students want to pursue a career in Chartered Accountancy, they must first take the CA Foundation exam after they have completed their 12th grade exams in the Commerce stream. This exam serves as the starting point for the Chartered Accountancy program.
