CA Foundation is an exam which is done after completing the 12th Standard or Second Year of Junior College. Students can give their CA foundation immediately after XII standard exams in the month of May. However, it is must for a student to register with ICAI before 31st December of the previous year.
This is the starting point for Chartered Accountancy course and Foundation course as the name suggests is the test of the foundation which is the building block of knowledge and understanding at the CA Intermediate level. The level of this examination is easy and most of the syllabus also forms part of their 12th standard. This will test the basic knowledge & understanding of the students on the fundamental topics which build the base for the levels of CA Inter.
Paper 1: Principles and Practice of Accounting (100 Marks)
Paper 2: Business Law & Business Correspondence and Reporting (100 Marks) Section A: Business Law (60 Marks) Section B: Business Correspondence and Reporting (40 Marks)
Paper 3: Business Mathematics and Logical Reasoning & Statistics (100 Marks) Part I: Business Mathematics and Logical Reasoning (60 Marks) Part II: Statistics (40 Marks)
Paper 4: Business Economics & Business and Commercial Knowledge (100 Marks) Part I: Business Economics (60 Marks) Part II: Business and Commercial Knowledge (40 Marks)
Student has to secure minimum 40% in each subject and overall 50% in aggregate.
Frequently Asked Questions
Ans. There are 4 Papers and 6 subjects in CA Foundation.
A. Principles and Practice of Accounting
B. Business Laws and Business Correspondence and Reporting
C. Business Mathematics and Logical Reasoning & Statistics
D. Business Economics and Business and Commercial Knowledge.
Ans. NO, All Papers are Not Objective.
Principles and Practice of Accounting ,Business Laws and Business Correspondence and Reporting are Subjective & Business Mathematics and Logical Reasoning & Statistics, Business Economics and Business and Commercial Knowledge are Objective.
Ans. Student need to get 40% in Individual Subject and 50% Aggregate to Pass CAFC Examination.
Ans. Students can appear for CAFC immediately after giving SYJC Exam in the month of May. They need to register for CA Foundation by 31st December of the previous year.
Ans. NO, There is no entrance exam for CA. CA Foundation is the first level for the CA Course
Ans. AJ next takes 50-60 students per batch & provides personal attention to students.
Ans. All faculties are qualified and possess expertise of their own subjects
Ans. CA foundation course takes around 420-430 hours.
Ans. AJ next take a weekly tests chapter wise
Ans. For small theory subjects it will be one subject – one teacher but for long practical subjects there will be 2-3 teachers per subject
Ans. Yes.ICAI Module will be covered in classroom teaching .
Ans. Yes along with weekly tests after completion of portion there will be 2mock tests
Ans. During college exams we may keep lectures of shorter duration but can’t give holidays to all as exams of different students are on different dates
Ans. No. College exams can be managed by the students on their own.
Ans. Normal BCom course is always advisable as compared to any other graduation course for CA course.
Ans. 4-5 hours a day during vacation and 6-7 hours on regular or college days.
Ans. Most of the doubts relevant to subjects will be solved in the class or after the class.
Ans. You can do that but it depends on the availability of the faculty. An alternate option is that you can message your doubt on our Helpline number and we will resolve your doubt. This facility is valid till the date of your exams. We ensure that every doubt of yours is resolved no matter where you are and when are the exams.
Ans. By viewing the video lectures of the respective faculties (conditions apply)
Ans. Generally Sundays will be a holiday but in case if need Sundays can be utilized for coaching or tests .
Ans. Yes. Exhaustive exam oriented study material covering all concepts will be provided for CA Foundation at AJ Next.
Ans. Timings would never clash with normal Graduate college timings. If a student has opted for some other courses like BBA, BAF etc. the same cannot be guaranteed.
Ans. Nearly 70% of the syllabus of BCom practical subjects will be the same as that of CA course. Rather the level for BCom course would be much lower as compared to that of CA. Hence, pursuing CA with graduation makes graduation study easier.
Ans. Accounts and Law are Subjective papers ( full fledged solution required) and Economics, BCK and Maths-Stats and Logical Reasoning are MCQ Paper.
Ans. Negative marking is there is Objective papers (in MCQS) of 0.25 marks
If you want to secure a higher rank in your CA exams, rather than self-study, it is always more prudent to enrol yourself in a professional CA coaching Institute like AJ’s Education NeXt which is considered by all students and industry fraternity as the best CA Foundation Coaching Classes in Mumbai.
Our experienced faculty provide you with helpful tips and tricks to expertly answer tricky questions. It helps you score more and secure higher rankings. Being the best CA Foundation classes in Mumbai, AJ’s Education NeXt conducts regular mock tests that help you in self-assessment, know your weak points and always be exam ready.