CA Foundation at a glance
Based on ICAI's new scheme of education and training. Always check the latest announcements on icai.org before your attempt.
The four papers
| Paper | Marks | Type | Time |
|---|---|---|---|
| Paper 1: Accounting | 100 | Written (descriptive) | 3 hours |
| Paper 2: Business Laws | 100 | Written (descriptive) | 3 hours |
| Paper 3: Quantitative Aptitude (Business Mathematics, Logical Reasoning, Statistics) | 100 | Objective (MCQ) | 2 hours |
| Paper 4: Business Economics | 100 | Objective (MCQ) | 2 hours |
Total: 400 marks. The objective papers have negative marking of 0.25 marks for each wrong answer, so guess only when you can rule out options.
Passing
You need at least 40% in each paper and at least 50% in aggregate (200 out of 400) in a single attempt.
When it is held
Three times a year: January, May/June and September. Pick an attempt that leaves you enough time after your Class 12 board exams.
How to use this site for each paper
- Papers 1 and 2 (written): learn each chapter's lesson, check your understanding with the questions, then write full answers to the worked examples without looking.
- Papers 3 and 4 (objective): practise chapter by chapter, then take the timed papers under exam marking.
Sources: Careers360, PW, CA Test Series. Confirm details with ICAI.