CA Foundation I

by ICM Amritsar Claim Listing

This is an entry to the CA Course for the candidates who have appeared for class XII examinations.

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Course Details

This is an entry to the CA Course for the candidates who have appeared for class XII examinations.

 

Steps under Foundation Route:

  • Register with Board of Studies (BoS) after passing Class X examination.

  • Register for the Foundation Course on or before the 1″day of January or the 1″ day of July for the examination to be held in the month of May/June or November/December respectively

  • Appear in Class XII examination.

  • Appear for Foundation examination in May (June)/November (December) after appearing in 10+2 Examination. Qualify Class XII and Foundation Course +

  • Register with the BoS for the Intermediate Course.

  • Complete 8 months of study course.

  • Appear and Pass in either or both Groups of Intermediate Course.

  • Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) any time after registering for Intermediate Course but before commencement of the Practical Training.

  • Register for Three Years Practical Training on passing either or both the Groups of Intermediate Course.

  • Register for the Final Course after qualifying both the Groups of Intermediate Course.

  • Successfully complete Four Weeks Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) during the last two years of Practical Training but before appearing for Final Examination.

 

The Institute of Chartered Accountants of India

  • Appear in Final examination during last six months of practical training

  • Complete Practical Training

  • Qualify both groups of Final Course

  • Become Member

 

Direct Entry Route

The ICAI allows the following candidates to enter directly to its Intermediate Course

  • Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/Post-Graduates (with minimum 60% marks) and

  • Intermediate level passed candidates of Institute of Company Secretaries of India and Institute of Cost Accountants of India

 

In brief, candidates who are Graduates/ Post Graduates in Commerce having secured in aggregate a minimum of 55% of the total marks or its equivalent grade in the examination conducted by any recognized University (including open University) by studying any three papers carrying a minimum of 50 marks in a semester/year and cumulatively 100 or more marks over the entire duration of the concerned course out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting or similar to the title of these papers with different nomenclatures or other than those falling under Commerce stream having secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) or Candidates who have passed the Intermediate level examination conducted by The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India are exempted from qualifying Foundation and can register directly to Intermediate Course.

Candidates who are pursuing the Final Year Graduation Course can also register for the Intermediate Course on provisional basis and such student’s registration would be regularized and they can commence practical training only on submission of satisfactory proof of having passed the Graduation examination with the specified percentage of marks within six months from the date of appearance in the final year graduation examination and on successful completion of ICITSS (Orientation Course and Information Technology). During the provisional registration period, a candidate can undergo and complete ICITSS (Orientation Course and Information Technology).

If such candidate fails to produce the proof within the aforesaid period, his provisional registration shall stand cancelled and the registration and other fees paid by him shall not be refunded/adjusted and no credit shall be given for the theoretical education ndergone.

 

Steps under Direct Entry Scheme for…

A Eligible Graduates and Post ..

  • Register with the BOS for the Intermediate course (provisional registration allowed to the students doing Final year of graduation).

  • Successfully complete Four Weeks ICITSS before commencement of the Practical Training.

  • Register for Three Years Practical Training.

  • Appear in Intermediate Examination after Nine months of Practical Training

  • Qualify Intermediate Course.

  • Register for the Final Course after qualifying both Groups of Intermediate Course.

  • Successfully complete Four Weeks AICITSS during the last two years of Practical Training but before appearing for Final Examination.

  • Appear in Final examination during last six months of practical training.

  • Complete Practical Training.

  • Qualify both groups of Final Course.

  • Become Member

 

Students who have passed Intermediate level examination of the Institute of Company Secretaries of India or the Institute of Cost Accountants of India…

  • Register with the BoS for the Intermediate Course.

  • Complete 8 months of study course.

  • Appear and Pass in either or both Groups of Intermediate Course.

  • Successfully complete Four Weeks ICITSS anytime after registering for Intermediate Course but before commencement of the Practical Training.

  • Register for Three Years Practical Training on passing either or both the Groups of Intermediate Course..

  • Register for the Final Course after qualifying both the Groups of Intermediate Course.

  • Successfully complete Four Weeks AICITSS during the last two years of Practical Training but before appearing for Final Examination.

  • Appear in Final Examination during last six months of Practical Training.

  • Complete Practical Training

  • Qualify both groups of Final Course.

  • Become Member.

 

Papers of Foundation Course

Paper 1:  Principles and Practice of Accounting

Paper 2:  Business Laws & Business Correspondence and Reporting

  • Section A Business Laws
  • Section B: Business Correspondence and Reporting

 

Paper 3  Business Mathematics and Logical Reasoning & Statistics

  • Partl: Business Mathematics and Logical Reasoning
  • Part Il Statistics

 

Paper 4: Business Economics & Business and Commercial Knowledge

  • Part I Business Economics
  • Part II Business and Commercial Knowledge
  • Amritsar Branch

    5/E. RANIKA BAGH…. OPPOSITE PETROL PUMP.., near UPPAL HOSPITAL, Amritsar

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