Institute of Chartered Accountants in India will be conducting the entrance examination in the upcoming month and all of the candidates must have proper information related to the entrance examination so that they can prepare for it and register at the correct time. The entrance examinations are to be conducted from 6 December to 20 December 2021. There are three different examinations that are conducted as per the various CA courses available in India and then only the candidate is certified as a chartered accountant. Given below we are sharing some of the most important specifications related to the ICAI CA Foundation 2021 – Notification, Exam Date.
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ICAI CA Foundation Notification 2021
The Institute of Chartered Accountants of India is responsible for creating the entrance examination for chartered accountancy. The CA foundation course examination is one of the very first entrance examinations in which there are four papers to be conducted. It is important to pass the CA Foundation examination and then you will be going to the intermediate and the final examination stage to be certified as a chartered accountant in India. The CA Foundation exam 2021 will be conducted in the month of December and you must prepare for it accordingly.
CA Foundation Exam Dates 2021
There are two sessions in which the entrance examination is conducted by the authorities of the Institute of chartered accountants of India. The candidates can register themselves in either of the two stages and then they will be able to give the entrance examination accordingly. Given below we are sharing the table indicating the important dates for the entrance examination.
| Events | May/July session dates | December session Dates |
| Start of the application process | April 20, 2021 | – |
| Last date to register with the Board of studies (BOS) | January 1, 2021 | July 1, 2021 |
| Date fill CA foundation EXAM form 2021 without late fee | May 4, 2021 | September 16 to 30, 2021 |
| Deadline for filling CA foundation exam form 2021 with late fee (of Rs. 600) | May 7, 2021 | October 1-3, 2021 |
| Correction window | May 8-10, 2021 | October 4-10, 2021 |
| Admit card | June 21, 2021 | November 19, 2021 (Released) |
| CA Foundation exam date 2021 | July 24, 26, 28, and 30, 2021 (Revised)
Exam timings:
|
December 13, 15, 17, 19, 2021 |
| Announcement of CA Foundation result 2021 | September 13, 2021 | To be notified |
CA Foundation Exam Eligibility Criteria 2021
Given below we are sharing the eligibility criteria that you must follow in order to register for the CA Foundation examination for the year 2021. You must follow the eligibility criteria in order to successfully be able to give the entrance examination.
| CA Course | CA Eligibility Criteria |
| CA Foundation Course | Candidates who have passed Class 12 or equivalent examination from Central or State Board of Education before the examination.
In addition, candidates who have:
|
CA Foundation Paper Weightage 2021
Given below we are sharing the table indicating the weightage of each and every people included in the CA foundation exam for the year 2021 and you must prepare for the various papers accordingly.
Paper 1: Principles And Practice Of Accounting
| Content Area | Marks Weightage and Distribution |
| 1. Theoretical Framework | 5%-10% |
| 2. Accounting Process
3. Bank Reconciliation Statement 4. Inventories 5. Concept and Accounting of Depreciation |
25%-30% |
| 6. Accounting for Special Transactions | 15%-20% |
| 7. Final Accounts of Sole Proprietors
8. Partnership Accounts 9. Financial Statements of Not-for-Profit Organizations |
30%-40% |
| 10. Introduction to Company Accounts | 10%-15% |
Paper 2: Business Laws And Business Correspondence And Reporting
Section A: Business Laws (60 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. The Indian Contract Act, 1872 | 25%-30% |
| 2. The Sale of Goods Act, 1930 | 20%-25% |
| 3. The Indian Partnership Act, 1932 | 20%-25% |
| 4. The Limited Liability Partnership Act, 2008 | 5%-10% |
| 5. The Companies Act, 2013 | 15%-20% |
Section B: Business Correspondence And Reporting (40 Marks)
| Content Area | Marks Weightage and Distribution |
| Part I: Communication
1. Communication |
10%-15% |
| Part II: Sentence Types and Word Power
2. Sentence Types (Direct-Indirect, Active -Passive Speech) 3. Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations and Idioms. |
20%-30% |
| Part III: Comprehension Passages and Note Making
4. Comprehension Passages 5. Note Making |
20%-30% |
| Part IV: Developing Writing Skills
6. Introduction to Basic Writing 7. Précis Writing 8. Article Writing 9. Report Writing 10. Writing Formal Letters 11. Writing Formal Mails 12. Resume Writing 13. Meetings |
35%-40% |
Paper 3: Business Mathematics, Logical Reasoning And Statistics
Part A: Business Mathematics (40 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Ratio and Proportion, Indices and Logarithms
2. Equations and Matrices 3. Linear Inequalities with Objective Functions and Optimization |
20%-30% |
| 4. Time value of Money | 30%-40% |
| 5. Permutations and Combinations
6. Sequence and Series 7. Sets, Relations and Functions 8. Basic applications of Differential and Integral calculus |
30%-50% |
Part B: Logical Reasoning (20 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Number series, Coding and Decoding
and odd man out 2. Direction Tests 3. Seating Arrangements |
60%-70% |
| 4. Blood Relations
5. Syllogism |
30%-40% |
Part C: Statistics (40 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Statistical description of Data
2. Measures of Central tendency and Dispersion |
45%-50% |
| 3. Probability
4. Theoretical Distributions |
25%-30% |
| 5. Correlation and Regression | 10%-15% |
| 6. Index Numbers and Time Series | 10%-15% |
Paper 4: Business Economics And Business And Commercial Knowledge
Part I: Business Economics (60 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Introduction to Business Economics | 15%-20% |
| 2. Theory of Demand and Supply
3. Theory of Production and Cost |
35%-40% |
| 4. Price Determination in Different Markets | 25%-30% |
| 5. Business Cycles | 15%-20% |
Part II: Business And Commercial Knowledge (40 Marks)
| Content Area | Marks Weightage and Distribution |
| 1. Introduction to Business | 15%-18% |
| 2. Business Environment | 15%-18% |
| 3. Business Organizations | 15%-20% |
| 4. Government Policies for Business Growth | 15%-18% |
| 5. Organizations Facilitating Business | 15%-18% |
| 6. Common Business Terminologies | 15%-18% |
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