Accounting Estimate Video Lecture | Principles and Practice of Accounting - CA Foundation

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FAQs on Accounting Estimate Video Lecture - Principles and Practice of Accounting - CA Foundation

1. What is the CA Foundation exam?
Ans. The CA Foundation exam is an entry-level examination conducted by the Institute of Chartered Accountants of India (ICAI) for students who wish to pursue a career in Chartered Accountancy. It is the first level of examination in the CA course.
2. How can I apply for the CA Foundation exam?
Ans. To apply for the CA Foundation exam, you need to visit the official website of ICAI and register as a student. After registration, you can fill the online application form for the CA Foundation exam and pay the required examination fee. The registration and application process is typically conducted online.
3. What subjects are covered in the CA Foundation exam?
Ans. The CA Foundation exam consists of four subjects: Principles and Practice of Accounting, Business Law and Business Correspondence and Reporting, Business Mathematics, Logical Reasoning and Statistics, and Business Economics and Business and Commercial Knowledge. These subjects aim to provide a strong foundation in various aspects of accounting, law, mathematics, reasoning, and economics.
4. What is the passing criteria for the CA Foundation exam?
Ans. To pass the CA Foundation exam, candidates must score a minimum of 40% marks in each subject and an aggregate of 50% marks in all subjects combined. Additionally, candidates must also secure a minimum of 40% marks in each paper of the exam.
5. Are there any exemptions available in the CA Foundation exam?
Ans. No, there are no exemptions available in the CA Foundation exam. All candidates must appear for and pass all the papers of the exam in order to qualify as a Chartered Accountant. However, candidates who have completed certain higher secondary or graduation level examinations can register directly for the Intermediate level of the CA course, bypassing the Foundation level.
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