Chartered Accountancy Foundation

CA Foundation

Chartered Accountancy Foundation

Application Date: For June session- 3 February to 24 February 2023; For December session- to be announced soon

Exam Date: For June session- June 24, 26, 28 and 30, 2023; For Dec session- to be announced soon.

Conducting Authority: The Institute of Chartered Accountants of India (ICAI)

The Institute of Chartered Accountants of India (ICAI) is the conducting authority of the CA Foundation exam. The regulatory body ICAI conducts 3 CA exams: Foundation, Intermediate, and Final. The CA Foundation exam is mandatory for students who want to carve a niche in the sector of business accounting. The CA Foundation June 2023 exam is going to be conducted from June 24 to June 30, 2023.

Exam Overview

By- Akanksha Yadav

What is the CA Foundation exam 2023?

The CA Foundation examination is for those students who want to become Chartered Accountants (CA). The exam is conducted twice a year by the Institute of Chartered Accountants of India (ICAI). This exam is an entry-level exam. Once the student clears this exam, he/she will need to qualify for the intermediate and Final exams to become a CA.

The exam is conducted in offline mode (pen and paper-based). The language of the paper is English and aspirants get 3 hours to solve the paper. Registration for the examination is done through the official website of the exam. Once the student successfully registers for the exam, he/she is advised to check the eligibility criteria, syllabus, exam pattern etc of the exam to understand the exam properly. 

This year, the CA Foundation June session is going to be conducted from June 24 to June 30, 2023. The registration for the same started on 3 February 2023. The last date for filling out the form was 24 February 2023. In case any student has missed the chance to fill out the application form for the CA Foundation 2023 exam, he/she can fill the form by 3 March 2023 with late fees. The result of the same will be announced in August.

The exam is conducted twice. Once in June then in December. The December session dates are still not announced by the authorities. Once the dates are out, the student can check them on the official website of the exam.

Exam Pattern

What is the CA Foundation 2023 exam pattern?

The CA Foundation 2023 exam is divided into 4 papers. In each paper, 100 questions are asked from different subjects of business accountancy. These 4 papers are as follows.

1) Paper 1- Principles and Practice of Accounting

2) Paper 2- Business Laws and Business Correspondence and Reporting

3) Paper 3- Business Mathematics, Logical Reasoning and Statistics

4) Paper 4- Business Economics and Business and Commercial Knowledge


What is the eligibility required for CA Foundation 2023 exam?

The students who are sitting for this year's CA Foundation exam are advised to check the eligibility criteria before registering for the exam. As the student's application will be cancelled in case he/she fails to fulfil the requirements of the exam. The basic CA Foundation Eligibility Criteria are given below.

CA Foundation 2023 exam eligibility criteria
CA Foundation Eligibility Criteria Details
  • The student should have cleared the 10+2 level (senior secondary) qualifying examination from a national or state-recognized Board of Secondary Education in India. The students are required to register/switch over to Common Proficiency Course with the Board of Studies (BoS) of ICAI. 
  • The applicant should get his/her registration to the Common Proficiency Course re-validated in case it has been three years since their CA Foundation registration (the registration has a validity of three years).
Age Limit No age Limit

Exam Syllabus

What is the CA Foundation 2023 exam syllabus?

As mentioned above, the CA Foundation exam is divided into 4 papers. Two papers will be objective while two will be subjective. The syllabus for all 4 papers is given below for the students. 

1) For Principles and Practice of Accounting:

The syllabus of the CA Foundation for Principles and Practice of Accounting is given below:

  • Theoretical Framework
  • Accounting Process
  • Bank Reconciliation Statement
  • Inventories
  • Concept and Accounting of Depreciation
  • Accounting for Special Transactions
  • Final Accounts of Sole Proprietors
  • Partnership Accounts
  • Financial Statements of Not-for-Profit Organisations
  • Introduction to Company Accounts
  • Basic Accounting Ratios (profitability, solvency, liquidity, and turnover)

2) For Business Laws & Business Correspondence and Reporting:

The syllabus of the CA Foundation for Business Laws & Business Correspondence and Reporting are given below:

Section A: Business Laws

  • The Indian Contract Act, 1872
  • The Sale of Goods Act, 1930
  • The Indian Partnership Act, 1932
  • The Limited Liability Partnership Act, 2008
  • The Companies Act, 2013

Section B: Business Correspondence and Reporting

  • Communication
  • Sentence Types
  • Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal Verbs, Collocations & Idioms
  • Comprehension Passages
  • Note Making
  • Introduction to basic writing
  • Precis Writing
  • Article Writing
  • Report Writing
  • Writing Formal Letters
  • Writing Formal Emails
  • Resume Writing Meetings

3) For Business Mathematics, Logical Reasoning & Statistics:

The syllabus of the CA Foundation for Business Mathematics, Logical Reasoning & Statistics is given below:

Part A: Business Mathematics

  • Ratio and proportion, Indices, Logarithms
  • Equations and Matrices
  • Linear Inequalities with Objective Functions and Optimizations
  • Time value of Money
  • Permutations and Combinations
  • Sequence and Series
  • Sets, Functions, and Relations
  • Basic concepts of Differential and Integral Calculus

Part B: Logical Reasoning

  • Number Series
  • Direction Tests
  • Setting Arrangements
  • Blood Relations Syllogism

Part C: Statistics

  • Statistical Description of Data
  • Measures of Central Tendency and Dispersion
  • Probability
  • Theoretical Distributions
  • Correlation and Regression
  • Index Numbers and Time Series

4) For Business Economics & Business and Commercial Knowledge:

The syllabus of the CA Foundation for Business Economics & Business and Commercial Knowledge is given below:

Part 1: Business Economics

  • Introduction to Business Economics
  • Theory of Demand and Supply
  • Theory of Production and Cost
  • Price Determination in Different Markets
  • Business Cycles

Part 2: Business and Commercial Knowledge

  • Business and Commercial Knowledge: An Introduction
  • Business Environment
  • Business Organizations Government Policies for Business Growth
  • Organizations Facilitating Business
  • Common Business Terminologies

Result & Counselling

CA Foundation 2023 exam results:

The results for the CA Foundation 2023 will be announced by the ICAI after the exam. The students will be able to check their qualifying status for the Chartered Accountancy Foundation exam online on the official website.

How to check the CA Foundation 2023 Result?

The steps needed in downloading CA Foundation results are given below for students.

  • Step 1: Go to the official website of ICAI.
  • Step 2: Click on 'Foundation Exam Results'.
  • Step 3: You will be redirected to the 'Exam Results' page where the students will enter their credentials (6-digit roll number and pin number/registration number of the student).
  • Step 4: the student will need to enter the Captcha as shown in the box provided and click on 'Submit'.
  • Step 5: The result will appear on the screen.

CA Foundation 2023 Scorecard Details

The result for the CA Foundation 2023 exam will have the following details.

  • Student's roll number
  • Student's name
  • Paper number
  • Subject name
  • Minimum and maximum marks
  • Total marks obtained
  • Qualifying status

The students who will get a minimum of 70% marks in the CA Foundation 2023, will receive a “Pass with Distinction” certificate from the ICAI.

After the CA Foundation 2023 results are out, the ICAI will publish the merit list of the top 50 ranked students who cracked the exam on the website. The students will need to click on the 'Merit list' option and enter their roll number/registration number to access the merit list.

Registration & Application Process

How to fill out the CA Foundation 2023 exam form?

The CA Foundation 2023 application form is available on the official website. The students can visit the website and apply for the CA foundation. Candidates have to submit the application form before the last date.

The steps required during the registration process for the CA Foundation 2023 exam are given below for the students. The students can follow the steps these steps.

  • Step 1: Go to the official website of the exam.
  • Step 2: Now click on the ' Login/Register icon.
  • Step 3: Now the student will register himself/herself as a 'New User' by filling in all the required details.
  • Step 4: After the registration is done, the student will receive his/her login credentials on the registered email id.
  • Step 5: Now log in with the user id and password and fill in the required details and address details for registration and save the details.
  • Step 6: Then the student will fill in the academic details, exam centre option, etc. in the application form.
  • Step 7:  In the last step, the student will pay the application fee for the CA foundation, upload her scanned photograph and signature, and then click on the submit button.

What are the documents required during the registration for the CA Foundation 2023 exam?

The list of documents and details required during the registration process for the exam is given below for the aspirants.

  • Student's name, valid email address, and other personal details.
  • Permanent address
  • Academic details
  • Scanned images of the student's recent photograph and signature.
  • Online fee payment options.

What are the CA Foundation 2023 application fees?

The registration fee for the CA Foundation application form is mentioned below. The application fee for the CA foundation will depend on the location of the candidates' selected test centres.

CA Foundation Application Fee
Exam Centre Application Fee
For Indian Centres INR 1500
For Katmandu (Nepal) Centre INR 2200
For Overseas Centres (Abu Dhabi, Doha, Dubai, Muscat, etc.) USD 325



Exam Preparation Tips

How to prepare for the CA Foundation 2023 exam?

The students can follow the below-mentioned tips while preparing for the examination.

  • Always make a proper schedule.
  • Prepare short notes.
  • You should have a good command of the calculator.
  • Always do the revision three to four times a day.
  • You should attempt the mock tests as much as possible.
  • Use your time effectively during the exam.
  • Practice previous year's papers.

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