CA Foundation
CA Foundation
CA Foundation Course is the entry-level for Chartered Accountancy Course by the Institute of Chartered Accountants of India (ICAI). Students can appear in the Foundation Examination after qualifying for their grade 12th examination.
A Chartered Accountant has widespread opportunities anywhere in the world.
Today Chartered Accountants have an important role in society. Business organizations, industry, and the Government rely on Chartered Accountants for sound financial accounting, reporting, and effective financial management.
Chartered Accountants with their strong expertise render high-quality services that ultimately benefit the economy. They work with independence, integrity, and excellence.
ICAI is the second largest accounting body in the whole world with a strong tradition of service to the public interest and to the Indian economy.
CAREER POTENTIAL:
Chartered Accountancy is the lucrative career option with potential job opportunities at both private and public organizations. Post liberalization, privatization, and globalization; chartered accountancy has rewarding career prospects. As per the Companies Act, it is only the CAs who are entitled to be auditors of companies in India. Chartered Accountancy is a dynamic profession and one of the most sought-after careers in UAE & anywhere in the world.
APPROVING BODY:
The Institute of Chartered Accountants of India.
QUALIFICATION REQUIREMENT:
A student who has either appeared or has cleared the grade 12th examination is eligible to be registered for the CA foundation.
COURSE STRUCTURE:
Foundation Examinations are held twice a year in the months of May and November. After getting registered for Foundation Course, students are also required to fill in the separate application form for appearing in Foundation Examination. Below are the subjects covered in the CA foundation course.
Paper-1: Principles and Practice of Accounting (100 Marks)
Paper-2: Business Law & Business Correspondence and Reporting (100 Marks)
This subject is divided into 2 parts as below:
- Section A: Business Law (60 Marks)
- Section B: Business Correspondence and Reporting (40 Marks)
Paper-3: Business Mathematics and Logical Reasoning & Statistics (100 Marks)
The weightage of this paper is as below:
- Part I: Business Mathematics and Logical Reasoning (60 Marks)
- Part II: Statistics (40 Marks)
Paper-4: Business Economics & Business and Commercial Knowledge (100 Marks)
The weightage of this paper is as below:
- Part I: Business Economics (60 Marks)
- Part II: Business and Commercial Knowledge (40 Marks)
Paper-3 and Paper-4 are objective-type papers with negative marking.
The Board of Studies issues comprehensive study materials covering all four subjects.
COURSE SCHEDULE:
For course schedule and classes, kindly visit our branch or give us a call at +971 4 3969000
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