Revaluation of CA Foundation Exam papers

The Institute of Chartered Accountants of India (ICAI) provides an opportunity for students to apply for revaluation of their CA Foundation exam papers. Revaluation refers to the process of re-evaluating the answer sheets of students who are not satisfied with their results. However, it is important to note that the ICAI does not entertain revaluation requests for all subjects. The revaluation facility is available only for the following subjects:

1. Principles and Practice of Accounting (Paper 1)
2. Business Laws and Business Correspondence and Reporting (Paper 2)
3. Business Mathematics and Logical Reasoning & Statistics (Paper 3)
4. Business Economics and Business and Commercial Knowledge (Paper 4)

Procedure for applying for revaluation:

1. Online application: Students who wish to apply for revaluation need to visit the official website of ICAI and fill out the online application form. The application window for revaluation is usually open for a limited period of time after the declaration of results.

2. Payment of fees: Students are required to pay a revaluation fee for each paper they wish to get re-evaluated. The fee is to be paid online through the official website using a debit or credit card.

3. Submission of application: After filling out the online form and making the payment, students need to submit the application online. It is important to ensure that all the required details are filled in correctly to avoid any discrepancies.

4. Evaluation process: Once the application is submitted, the answer sheet of the student will be sent for re-evaluation. The answer sheet will be evaluated by a different examiner than the one who initially evaluated it.

5. Declaration of results: After the revaluation process is completed, the ICAI will declare the revaluation results. The revised marks, if any, will be communicated to the students through the official website.

Points to remember:

- The revaluation facility is available only for the papers mentioned above. It is not applicable for the other subjects of the CA Foundation exam.
- The revaluation request can only be made for the entire paper and not for any specific question or section.
- The revaluation fee is non-refundable, even if there is no change in the marks after revaluation.
- The decision of the ICAI regarding the revaluation results is final and binding.

In conclusion, the ICAI provides the provision for revaluation of CA Foundation exam papers for certain subjects. Students who are not satisfied with their results can apply for revaluation by following the prescribed procedure. However, it is important to note that revaluation requests are subject to certain conditions and limitations.