In this Blog, we will guide you about the CA Foundation Exams & a brief overview of its Papers, Negative Marking Criteria, CA Foundation Dec 23 Exam Dates, Admit Card Process, and Preparation Strategy for the CA Foundation Exams
The CA Foundation exam consists of four papers, namely (Paper -1) - Principles and Practices of Accounting,
(Paper -2) - Business Law and Business Correspondence and Reporting,
(Paper -3) - Business Mathematics and Logical Reasoning and Statistics, and
(Paper -4) - Business Economics and Business and Commercial Knowledge.
Each paper consists of 100 marks, and the exam is conducted for 400 marks. Paper No. 1 & Paper No.2 are Theoretical Papers & their Exam duration is of 3 Hours.
Paper No. 3 & Paper No.4 are Objective Papers (MCQ Based) & their duration is for 2 hours. The exams are conducted in an offline mode.
Negative Marking Criteria
There is No Negative Marking in Paper 1 & 2, But in Paper No. 3 & Paper No.4, 0.25 Marks are Deducted for One Wrong Answer. However, there is a Step Marking in Paper 1 & Paper 2, so the Candidate gets the Marks for each Correct Step.
To prepare for the exam, aspirants must follow the CA Foundation syllabus provided by the ICAI. The syllabus includes topics related to accounting, business laws, mathematics, statistics, economics, and business and commercial knowledge. The CA Foundation exam is a competitive exam, and the key to success is a focused and disciplined approach to study. Candidate should start their preparation well in advance and use their time effectively to cover the entire syllabus. Regular revision, solving mock tests, and seeking guidance from experienced teachers help you perform well in the exam.
The ICAI has released the CA Foundation exam dates for the Dec 2023 session. The exam is scheduled to be held on Dec 23, 2023. Here is the complete schedule of the CA Foundation Dec 23 exams:
|31st Dec 2023||Paper 1 - Principles and Practices of Accounting||2 PM – 5 PM|
|1st Jan 2024||Paper 2: Business Laws and Business Correspondence and Reporting||2 PM – 5 PM|
|2nd Jan 2024||Paper 3 - Business Mathematics, Logical Reasoning, and Statistics||2 PM – 4 PM|
|3rd Jan 2024||Paper 4: Business Economics and Business and Commercial Knowledge||2 PM – 4 PM|
The admit card for the CA Foundation Dec 23 exams will be released 14 days prior before the exam date. Aspirants can download the admit card from the official website of ICAI (https://eservices.icai.org ) or through the SSP Portal from www.icai.org. website It is mandatory to carry the admit card to the exam centre along with a valid Govt. provided photo ID proof. To download the CA Foundation, admit card, aspirants must visit the official website of ICAI and after login, they can download their Admit Card from their Dashboard (from the Admit Card Window). The admit card will contain important details such as the exam centre, exam dates, and timings, and Complete Instructions about Exams
The CA Foundation exam is a crucial exam for aspirants who want to pursue a career in Chartered Accountancy. With the help of the information provided in this blog, aspirants can prepare well for the exam and ace it with flying colours. We wish all the aspirant’s good luck for the CA Foundation Dec 23 exam.