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CA Foundation Eligibility for Registration and Examination

CA Foundation eligibility for registration is 10+2. ICAI has prescribed the new eligibility to register in entry level Chartered Accountancy course.

CA Foundation eligibility is only 10+2 class. A student who has appeared in the Class 12 examination may register for CA Foundation Course. If you have completed your graduation, you need not to register for CA Foundation Course. Graduates are exempted from CA Foundation registration. They may directly register for CA Intermediate Course.

After registration you have to complete at least 4 months study period. Thereafter, you will be eligible for appearing in CA Foundation Examination only after passing 10+2 i.e. the Senior Secondary Exam.

The Institute of Chartered Accountants of India (ICAI) conducts CA Foundation exams twice every year. The first exam shall be held in the month of May 2018 and the second CA Foundation exams shall be held in the month of Nov 2018.

Accordingly, if you registered on or before 30th June 2018, you will be eligible for appearing in Nov 2018 exams. Similarly, a student registered on or before 31st December 2018 will be eligible to appear in May 2019 CA Foundation examination.

Eligibility for Registration in CA Foundation Course 2018

As per newly inserted Regulation 25E in the Chartered Accountants Regulations, 1988, you have to fulfil the following criteria to register yourself for the Foundation Course of ICAI. That means you will be eligible for registration in CA Foundation Course if you have:

1) Appeared in 12th Class Exam:

Senior Secondary (10+2) i.e. Higher Secondary (HS) Examination conducted by an examining body constituted by law in India; or

2) Appeared in 10+2 Equivalent Exam:

An examination recognised by the Central Government (CG) or the State Government (SG) as equivalent to 12th Class examination for the purpose of admission to graduation course.

Note: Scroll down to see, I have listed all examinations which are equivalent to 10+2 class exams.

Click here to Register Online for CA Foundation Exams

CA Foundation Course Registration Fee:

The council shall fix the fee from time to time for registration to the CA Foundation Course. However, such fee shall not exceed ₹25,000.

Currently, CA Foundation Registration Fee is ₹9,000 or if you are paying in dollar (for foreign students) then you have to pay $700 only.

Eligibility for Admission to the CA Foundation Examination 2018

In accordance with the newly inserted Regulation 25F, the following candidates shall be eligible for admission to the CA Foundation Examination to be conducted by the CA Institute.

1) Register with ICAI:

You have to register with the Board of Studies (BOS) of the Institute of Chartered Accountants of India on or before the following last date:

  • For May term of CA Foundation Exam: 31st day of December Last Year.
  • For December term of CA Foundation Exam: 30th day of June of Current Year.

In other words, the last date to register with ICAI for eligible to appear in the CA Foundation Examination to be held in the months of November 2018 or May 2019 is 30th day of June 2018 or 31st day of December 2018 respectively.

2) Class XII Passed Candidates:

You have passed the Senior Secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government or the State Government as equivalent thereto for the purpose of admission to graduation course.

Accordingly, you have to register with Board of Studies (BoS) of ICAI just after appearing in Class XII examination. Following are the cut-off date for appearing in the respective CA Foundation examinations:

Last Date for Registration
To Appear for Foundation Exams
30-June-2018
November 2018 Exam
31-December-2018
May 2019 Exam
30-June-2019
November 2019 Exam
31-December-2019
May 2020 Exam
30-June-2020
November 2020 Exam
31-December-2020
May 2021 Exam
Last date of registration in CA Foundation Course to appear in CA Foundation Nov 2018 Exam is 30th June 2018.

To appear in respective CA Foundation exam you have to complete four months study period. Register till 30th June 2018 for November 2018 Examination. In case you register after 30th June 2018, you will be eligible for CA Foundation Nov 2018 exams under the Revised Scheme of Education and Training.

CA Foundation Exam Fee:

A candidate for the Foundation examination shall pay fees fixed by the Council of CA Institute. However, in any case such fee shall not exceed ₹10,000. A candidate for the Foundation examination shall be examined in the syllabus approved by the Council from time to time.

Currently, CA Foundation exam fee is ₹1,500 or $325 for foreign students appearing in Abu Dubai, Dubai and Muscat foreign exam centres.

Requirement for passing CA Foundation Examination

According to newly inserted Regulation 36B, a candidate for the CA Foundation Examination shall ordinarily be declared to have passed the examination if he:

  1. Obtains at one sitting a minimum of forty per cent. (40%) marks in each paper; and
  2. A minimum of fifty per cent. (50%) marks in the aggregate of all the papers.

Note that the Council of CA Institute has approved the criteria of negative marking for Papers 3 & 4 only and not for subjective papers i.e. 1 & 2.

Examinations Equivalent to 12th Class Examinations

List of Examinations treated as equivalent to Senior Secondary Examination:

  1. Board of Intermediate Education, Andhra Pradesh
  2. Assam Higher Secondary Education Council
  3. Bihar School Examination Board
  4. Central Board of Secondary Education (CBSE)
  5. Chhatisgarh Board of Secondary Education
  6. Council for Indian School Certificate Examinations (CISCE)
  7. Goa Board of Secondary and Higher Secondary Education
  8. Gujarat Secondary & Higher Secondary Education
  9. Board of School Education, Haryana
  10. P. Board of School Education
  11. J & K State Board of School Education
  12. Jharkhand Academic Council
  13. Government of Karnataka Department of Pre-University Education
  14. Kerala Board of Higher Secondary Education
  15. Maharashtra State Board of Secondary & Higher Secondary Education
  16. Board of Secondary Education, Madhya Pradesh
  17. Council of Higher Secondary Education, Manipur
  18. Meghalaya Board of School Education
  19. Mizoram Board of School Education
  20. Nagaland Board of School Education
  21. Council of Higher Secondary Education, Orissa
  22. Punjab School Education Board
  23. Board of Secondary Education, Rajasthan
  24. Tamil Nadu State Board of School Examinations
  25. Tripura Board of Secondary Education
  26. P. Board of High School and Intermediate Education
  27. Board of School Education, Uttarkhand
  28. West Bengal Council of Higher Secondary Education
  29. Chhatisgarh State Open School
  30. P. State Open School
  31. National Institute of Open Schooling
  32. Rajasthan State Open School
  33. The West Bengal Council of Ravindra Open Schooling
  34. Banasthali Vidyapith
  35. Five passes at GCE ‘O’ level/GCSE/IGCSE in A/B/C Grades and two passes at GCE ‘Advanced’ level examination of the approved British Examining Bodies is recognized by the Association of Indian Universities as equivalent to +2 stage qualification of an Indian Body.
  36. Students who have completed two years of higher education including Diploma course after passing 10th class, conducted either by Central/ State Government(s) and on passing such a course have either been admitted to first year of graduation course or have passed the graduation course conducted by any University, including Open Universities, established by law in India shall be also eligible for admission to the Foundation Course.
  37. 10+2 Examination of any other recognized Board/University not covered above but recognized by Association of Indian Universities (AIU) as equivalent to Senior Secondary (10+2) Examination as recognized by Central Government.

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