CA Foundation is the entry-level examination of the Chartered Accountancy course, with four papers of 100 marks each. Papers 1 and 2 are subjective; Papers 3 and 4 are objective with negative marking of 0.25 per wrong answer. Registration requires passing Class 12, followed by a four-month study period before the attempt.
Papers
4
Total marks
400
Pass criteria
40% + 50% agg
Negative marking
P3, P4 · −0.25
Passing criteria: Minimum 40% in each paper and 50% in aggregate of all four papers, in one sitting. Objective papers carry 0.25 negative marking per wrong answer.
All papers (single sitting)
Paper 1Accounting
100 marks · Subjective
—Theoretical Framework
—Accounting Process (Journal to Trial Balance)
—Bank Reconciliation Statement
—Inventories
—Depreciation and Amortisation
—Bills of Exchange and Promissory Notes
—Preparation of Final Accounts of Sole Proprietors
—Financial Statements of Not-for-Profit Organisations
Paper 3 (Quantitative Aptitude) and Paper 4 (Business Economics) are fully objective MCQ papers with negative marking of 0.25 marks per wrong answer. Papers 1 and 2 are subjective.
What is the passing criteria for CA Foundation?+
You need at least 40% marks in each individual paper and 50% in aggregate of all four papers, in the same sitting.
How long is the study period before I can attempt Foundation?+
Under the current scheme, you must complete a four-month study period after registration with the Board of Studies before appearing in the examination.