If the 12th standard students have admit-card and have not given board exams, they can register for the CA foundation with provisional registration. Mark sheet or admit card is essential to apply for the exam. As the exam is by November, the students need to apply to the examination four months before July. The last date for the registration of CA foundation 2021 is 1st, July. The students who appear before passing the 12th standard shall be registering with the admit card of the plus two examinations. Apart from Admit-card or mark sheet, the documents like photograph, the certificate for nationality, and certificate for caste segregate the students with personal details. Name, gender, mobile number, date of birth, and Email ID are the different details of a student that will be saved in the database. Accordingly, the results are published on the website for every student.
CA Foundation Registration Fees for 2021
Revalidation of the registration with an amount of 500 is possible for the student who has done the registration before three years period. The fee for the registration is 1,500, and the membership fee is 200. This membership fee is necessary to receive the newsletter that provides updated information regarding the CA industry in digital form.
CA foundation exam pattern 2021
CA foundation exam has a negative marking that acts with a reduction of 0.25 marks for every wrong answer. As per the number of sections in the question paper, there is a division with the preparation of the subject for CA foundation. If completely read the Principles and practice of accounting, provide 100 marks to the students. The second paper has two divisions as Business laws and Business correspondence and reporting. The marks for these divisions go as 60 marks and 40 marks. The third paper of CA foundation is with inter divisions as Mathematics, logical reasoning, and statistics. These three papers carry 40 marks, 20 marks, and 40 marks. Business economics and business and commercial knowledge carry 60 marks with two sub-divisions. These two subjects from one single paper attribute to 60 marks and 40 marks. The above information is the mark allocation for the CA foundation 2021 students. The students get 400 marks in total.
Interesting facts about CA
The moral quote of the ICAI institute states that it follows the Sanskrit Upanishad that “YaEshasupteshujagriti”. These words mean that the one who gets sleep is awake for the knowledge. The duty of Chartered accountants falls over the collection of taxes. They educate the client about the responsibility of paying tax and planning tax. The companies act was formed by the British government. It states that the companies need to maintain a set of books as accounts of the company. The Government diploma in Accountancy is the course in olden days which looks similar to these days CA. This course launched first in Mumbai. This CA course was initially designed with three years period without article ship training. And later, the course was updated with practical knowledge for the registered accounts professionals. In the year 1949, the formal institute for accountants formed, and the registered accountants are re-named as chartered accountants. Let me see the interesting facts about the chartered accountancy course to understand the recommendations of ICAI are valuable.
- ICAI is the second largest licensing body after American Institute CPA. CA course was created by the parliament in the year 1949.
- The logo of ICAI was selected after competition from other members during the first meeting on 15th August 1949. This emblem was designed by the national philosopher Sri AurobindoGhosh.
- The first certificate from the ICAI institute was awarded to the first student. The name of the first student is CA GopaldasPadamseyKapadia. He is also the first president of the institute.
Final words
As per the news from Times now, for the 2019 November examination results, SainaAgarwal holds the top rank in the CA foundation. Her score is 91.25 percent marks. The second place is honored by Aksha Mohammed FraukMemon with 90.50 percent marks. CA foundation examination third rank was won by ShubhamBhagwanTaparia with 90.25 percent marks. Ranks have been issued by ICAI based on the marks from all over India. The ICAI awards up to fifty ranks to the students. Immediately after the declaration of the results the institute publishes the merit list of the top fifty students. In the year 2021, the ICAI is providing virtual coaching to provide learning resources to the students. RR Academy provides the focused approach and the learned best methodologies to train the students with the entire syllabus. The reasons to win the top ranks in the CA foundation are reading the full syllabus, writing mock tests, and doing revisions.