CA Foundation December 2023 Exam Date Sheet Released
CA Foundation December Exam Pattern 2023:
The Institute of Chartered Accountants is responsible for releasing the exam pattern for both sessions on its official website.The Institute of Chartered Accountants is responsible for releasing the exam pattern for both sessions on its official website.
Reviewing the CA Foundation exam pattern provides insight into the question difficulty, question weightage, and exam duration. Read the entire article for comprehensive information on the CA Foundation exam pattern for the December 2023 exams.
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CA Foundation Exam Pattern 2023 Highlights
The CA Foundation Exams take place biannually, in June and November. ICAI administers the CA course, ensuring it aligns with international standards. The CA Foundation exam pattern underwent notable changes in June 2017 and will continue for the December 2023 exam. The following table summarizes key information about the CA Foundation exam pattern for the December 2023 session.
Particulars | Details |
---|---|
Examination name | CA Foundation exam, earlier known as CA CPT (Common Proficiency Test) |
Exam conducting body | The Institute Of Chartered Accountants of India (ICAI) |
Exam mode | Pen-paper-based or offline |
Exam frequency | Twice a year, May/June or November/December |
Exam level | National Level |
Exam difficulty | Easy to moderate |
Number of papers | 4 |
Paper names | Paper 1 – Principles and Practice of Accounting |
Paper 2 – Business Laws and Business Correspondence and Reporting | |
Paper 3 – Business Mathematics, Logical Reasoning, and Statistics | |
Paper 4 – Business Economics and Business and Commercial Knowledge | |
Exam duration | 3 hours for Paper 1 and Paper 2 |
2 hours for Paper 3 and Paper 4. | |
Maximum marks for each paper | 100 |
Total marks for all 4 papers | 400 |
Marking scheme | No negative marking (Paper 1 and 2) – Questions in these papers will be descriptive. |
1/4 mark will be deducted for every wrong answer in Paper 3 and Paper 4. Questions in these papers will be of multiple choice. | |
Medium of exam | English/Hindi except section B for Paper 2 |
ICAI CA Foundation Exam Pattern 2023 Important Dates
To gain a comprehensive understanding of the CA Foundation exam pattern for December 2023, it’s crucial to be aware of the important dates and time durations set by the ICAI. The following table outlines the key details of CA Foundation 2023 exam dates announced by the ICAI on its official website.
Papers | Subject | Exam Date | Timing | Duration |
---|---|---|---|---|
Paper 1 | Principles and Practice of Accounting | December 24, 2023 | 2.00 PM to 5.00 PM (IST) | 3 hours |
Paper 2 | Section A: Business Laws | December 26, 2023 | 2.00 PM to 5.00 PM (IST) | 3 hours |
Section B: Business Correspondence and Reporting | ||||
Paper 3 | Business Mathematics, Logical Reasoning and Statistics | December 28, 2023 | 2.00 PM to 4.00 PM (IST) | 2 hours |
Paper 4 | Business Economics and Business and Commercial Knowledge | December 30, 2023 | 2.00 PM to 4.00 PM (IST) | 2 hours |
CA Foundation Exam Pattern Important Details
The CA Foundation Exam serves as a gateway to pursuing a career as a Chartered Accountant. To sit for the CA Foundation 2023 exam, you must complete your registration for the CA Foundation Course with the ICAI by July 1, 2023, and have successfully taken your Class 12th Board Exam or an equivalent recognized examination. The additional key details regarding the CA Foundation December 2023 exam pattern are as follows:
- The CA Foundation December 2023 examination consists of four papers.
- Papers 1 and 2 are subjective, while Papers 3 and 4 are objective.
- Each paper is worth 100 marks, resulting in a total score of 400.
- Negative marking is applicable for objective-type questions, deducting one-fourth of a mark for each incorrect answer.
- In papers 3 and 4, marking more than one circle for a question is considered incorrect.
- In papers 1 and 2, if you score half or more of a fractional mark, it will be rounded up to the next whole mark.
- In Papers 3 and 4, any fraction of a mark will be rounded to the next whole mark.
- The exam is conducted in a pen-and-paper format.
CA Foundation Question Papers Language Details
- The CA Foundation December 2023 Question Paper includes descriptive and multiple-choice questions.
- Candidates can choose to answer questions in either English or Hindi, with some exceptions.
- All candidates, including Hindi medium students, must answer Section B of Paper 2 (Business Correspondence and Reporting) in English to evaluate their English language skills.
- Question Paper 1 is in English, but Hindi medium students can answer in Hindi.
- Question Paper 2 is in English for all English medium candidates.
- Part I of Paper 2 is bilingual for Hindi medium students, while Part II is in English for all candidates, including Hindi medium students. Part II must be answered in English by all candidates.
- Both parts of Question Paper 2 should be answered in the same answer book.
- Question Papers 3 and 4 are in English for English medium candidates and in Hindi for Hindi medium candidates.
- OMR answer sheets for Papers 3 and 4 are in English for all candidates, including Hindi medium students.
CA Foundation Passing Percentage For December 2023 Session
To pass the CA Foundation December 2023 exam, candidates need to meet the following criteria:
- Score a minimum of 40% marks in each paper.
- Achieve an overall aggregate of 55% across all four papers.
Candidates failing to meet these passing requirements as set by ICAI will not be eligible to attempt the CA Intermediate exam. Instead, candidates will need to retake the CA Foundation papers.
CA Foundation Syllabus 2023 For the December Session
Understanding the CA Foundation exam pattern for December 2023 is essential, and candidates should also acquaint themselves with the subjects and subtopics outlined in the CA Foundation syllabus for the same session. The syllabus includes all the areas from which the CA Foundation 2023 question paper will be formulated. To access the CA Foundation December 2023 syllabus in PDF format, you can click on the provided link.
CA Foundation Syllabus: VISIT HERE
CA Foundation Exam Pattern Subject Wise Marking Scheme
Certainly, here’s the subject-wise marking scheme for CA Foundation 2023 presented in a table format:
Paper | Subject | Maximum Marks |
---|---|---|
Paper 1 | Principles and Practice of Accounting | 100 marks |
Paper 2 | Business Law and Business Correspondence and Reporting | |
Section A: Business Law | 60 marks | |
Section B: Correspondence and Reporting | 40 marks | |
Total | 100 marks | |
Paper 3 | Business Mathematics and Logical Reasoning and Statistics | |
Section A: Business Mathematics and Logical Reasoning | 60 marks | |
Section B: Business Statistics | 40 marks | |
Total | 100 marks | |
Paper 4 | Business Economics and Business and Commercial Knowledge | |
Section A: Business Economics | 60 marks | |
Section B: Business and Commercial Knowledge | 40 marks | |
Total | 100 marks |
This table provides an overview of the maximum marks allocated to each paper and section within Paper 2 and Paper 3 for the CA Foundation 2023 exam.
CA Foundation Exam Pattern 2023 Study Material PDF
ICAI provides valuable CA Foundation study materials that cover subjects such as Accounting, Business Law, and more. We meticulously design these materials to assist students in understanding essential concepts and building problem-solving skills.
With these resources at their disposal, aspiring Chartered Accountants can establish a robust foundation and elevate their preparedness for success. ICAI releases the CA Foundation study materials for all four papers in both sessions each year on its official website.
To access the official ICAI CA Foundation study material for the December 2023 exam, aspiring candidates can download the PDFs using the links provided below:
ICAI CA Foundation Study Material (December 2023) | |
---|---|
Principles and Practice of Accounting | Download PDF |
Business Laws and Business Correspondence and Reporting | Download PDF |
Business Mathematics, Logical Reasoning and Statistics | Download PDF |
Business Economics and Business and Commercial Knowledge | Download PDF |
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