Now Even 10th Class Students Can Pursue the CA Foundation Course? Source: https://tananet.net/ca-foundation-course/
CA Foundation Course is the entry-level for pursuing Chartered Accountancy in India. Or you can say, through the CA foundation course, the ICAI allows candidates to enter for the CA courses. This course provides intensive knowledge of accounting principles. Earlier, the CA foundation was known as the CA Common Proficiency Test (CPT). Candidates can pursue the CA foundation courses after completing their 12th board exams or even after their graduation. ICAI even allows students of Class 10th to register for the courses. Thus, for pursuing the CA foundation courses, candidates need to firstly register for the CA Foundation Courses. Exams of ICAI CA Foundation conducts in June and November in the offline mode. Also, CA is a bit complex course. And thus students require proper guidance. CA Wizard is an online guide for CA students which helps to show the students the correct route to become a CA.
Why Pursue CA Foundation Courses? Moreover, pursuing the CA foundation courses has numerous benefits. As you know, the degree of a Chartered accountant course is India’s most honored degree. Also, becoming a Chartered Accountant is not everyone’s cup of tea. Candidates need to devote much of their time to intense preparation for the exam. The given below are the major benefits of pursuing the CA foundation course:
● The course of CA foundation help candidates to have a clear understanding of the financial industries. Therefore, candidates need to have a crystal clear knowledge of accounting principles to work in any finance-based industry. Which this course provides it. ● Once candidates are well-knowledgeable for the course, they have golden opportunities to work in big companies in India as well as overseas. ● As per the recent survey, the requirement for accountants for every business or company is growing immensely. So, if you are aware of the subjects of the CA foundation, then it is a plus point for you. ● If candidates have a strong base of financial and accounting subjects, then they can help in all the monetary transactions in any company.
Well, there are several more benefits of the CA foundation courses that will help candidates to be qualified on a global scale.
CA Foundation Courses After 12th There is a myth that candidates think pursuing CA foundation courses after the 12th takes a long duration to complete the course. But the fact is, if you pursue the course after completing 12th, then you will end up completing the course in the required duration. CA Foundation Course duration is of 4 months. Till the time candidates wait for their graduation classes to start, they will be about to complete the CA foundation course, meanwhile.
Steps in CA Foundation Course To pursue this course after completing the 12th board exams, candidates need to follow the basic five steps:
1. Clear your 12th examination, then you must register for the BOS (Board of Studies) for the course. For the registration, process candidates can take the help of an Online CA Library- CA Wizard. 2. Then, candidates have to complete the 4 months study period. Thus for preparing for the CA foundation exams, CA Wizard provides updated CA foundation study material. 3. Then fill the CA foundation exam form. For this step, candidates can follow CA Wizard Exam Form Guide. 4. Appear for the CA foundation exam in May or November. 5. Clear the CA foundation exams to be eligible for the CA intermediate exam.
Eligibility Criteria After 12th To be eligible to apply for the CA foundation courses after the 12th, candidates must have cleared their 12th board exams with any Central or State board examination. Candidates have to score a minimum of a 33% in their 12th board exams to pursue this course.
CA Foundation Courses After Graduation Candidates can directly register for the CA Intermediate course without clearing the first level i.e. CA Foundation. For direct entry to CA intermediate, candidates have to complete the 9 months articleship training or can go for ITT or OT program. Given below is all that you need to know about how to register for the course after graduation.
Eligibility Criteria After Graduation
To be eligible for the CA foundation course, can need to score: ● For commerce graduates- a minimum of 55% marks is required. ● For science graduates- a minimum of 60% marks is required. ● Candidates must be aware of the main subjects of the commerce stream like accounting, auditing, economics, finance, law, etc.
CA Foundation Course Duration After Graduation The course duration of the CA foundation after graduation requires four months study period and then candidates can appear for the CA foundation exams. And if you skip the first level i.e. CA Foundation and jumps directly to the CA Intermediate course, then candidates require: ● 8 months study period ● 2 and a half months waiting time for result (candidates can for ITT and OT during this time)
All over it takes around 10 and a half months to complete the CA intermediate course. And if candidates fail to clear the exam in one go, then they gain have to follow the same process.
CA Foundation Course Fees
To apply for the ICAI CA foundation course, candidates need to pay an amount of Rs. 10,900. For the registration of the course, the amount charged is Rs. 9,000. And for registering for the exam, candidates have to pay Rs. 1,500. If candidates opt for Journals, then Rs. 200 is added to the total amount charged. Expect the course fees, candidates also pay huge amounts to institutions that are not required. CA Wizard is one such CA online library where you will get all the required help for free to clear the exams with outstanding results.
How CA Wizard Helps in Pursuing the CA Foundation Courses? CA Wizard is an online library for all CA aspirants . From the course registration guide to how to check the results, all kinds of study materials, sample papers, and so on are available on CA Wizard. For pursuing the CA Foundation course, CA Wizard provides a guide to know how to register for the course. Without registration, candidates can not move ahead with the preparation. And once the registration is done, candidates need to start preparing for the exams. Thus for the preparation, CA Wizard provides free study materials and books to the candidates. In conclusion, CA Wizard acts as a helping hand for candidates pursuing the CA foundation course. Hope this article is useful to you. For any queries regarding the course, you can visit cawizard.com.