• Foundation Course is the entry level for Chartered Accountancy Course.
  • Foundation Course comprises of four papers, out of which two are descriptive and two are objective type.
  • Objective type papers will be subject to Negative marking for choosing incorrect options.
  • Foundation examinations are held twice a year in the months of May and November examination
  • Proficiency level expected is Basic Knowledge


  • A student can register with the Board of Studies (BOS) after passing Class X examination
  • Register for the Foundation course on or before 1st day of January or the 1st day of July for the examination to be held in the month of May or November respectively.
  • Appear in Class XII examination
  • Appear for Foundation examination in May / November after appearing in 10 + 2 Examination
  • Qualify Class XII and Foundation Course
  • Students who are Graduates/ Post Graduates with prescribed percentage marks or its equivalent grade in the examination conducted by any recognized University (including Open University) or Intermediate level examination passed students of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India are exempted from passing Foundation Course. Such students on fulfilling the requirements can register directly to Intermediate Course.

Subjects covered in Foundation Course

  • 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)
    Paper-3 and Paper-4 are objective type papers with negative marking.

Passing criteria in Foundation Examination

A Foundation Course candidate shall be declared to have passed the examination if he/ she obtains at one sitting a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all the papers, subject to the principle of negative marking.


Paper Subject Faculty
1 Principles and Practice of Accounting CA Rajan
2 Business Law & Business Correspondence & Reporting CA Vishnupriya Anand
3 Business Mathematics & Logical Reasoning & Statistics Ganesh – MSc Mathematics
4 Business Economics & Business & Commercial Knowledge CA, CMA Vijayakirthi


Course CA Foundation
Examination May 2021
Start Date 2 nd Nov 2020
Duration 4.5 months
Fees Rs. 20,000 (all inclusive)
Timing 6.30 am to 11 am (all days)
Mode of Teaching Face to Face / Zoom Online