CA Foundation

CA is the short form that is used for Chartered Accountancy. The profession of CA (Chartered Accountant) is financially rewarding and challenging at the same time. In India, CA education and training is managed by ICAI. ICAI stands for The Institute of Chartered Accountants of India.

It is the body responsible for maintaining the quality of CA course and education in India. If student wants to attain the qualification of CA in India, student must complete the training and get registered with the ICAI. Membership has to be renewed each year. As the term Chartered Accountant suggests, CAs deal with auditing, accounting and finance management. These are their primary tasks. However, depending upon specialization, they may venture into other areas too, like- Law, risk assessment, Investment banking etc.

CA Foundation is the entry level test to pursue the Chartered Accountancy course, students after XII can register for such course. After registration, they have to undergo a four months study period to appear in the CA Foundation Exam.