CA Foundation May 2023 attempt is the first step towards the CA journey, it is basically the first exam that is taken by the candidate right after completing the 12th standard. It was previously called the common proficiency test (CPT). The registration for the CA Foundation May 2023 Exam Date is not available now and December 2023 attempt is still open, and the registration is open throughout the year.
On February 3, 2023, the Institute of Chartered Accountants of India (ICAI) made the CA Foundation exam form available online. The CA Foundation exam form must be submitted by February 24, 2023, to avoid any kind of late fees for the June session. The candidates may submit their exam applications with late fees until March 3, 2023.
Read the full article to learn more about the registration process, eligibility, and other information about the upcoming attempt.
CA Foundation May 2023 Exam Date
In January, the ICAI announced the CA foundation exam date for the June 2023 attempt, and thousands of students have applied for the same. The CA Foundation exam consists of four papers.
- Papers 1 and 2 are subjective in nature.
- Papers 3 and 4 are objective in nature.
Below are the dates for the upcoming CA foundation exam:
| Paper | Date of Examination |
| Paper-1 | June 24, 2023 |
| Paper-2 | June 26, 2023 |
| Paper-3 | June 28, 2023 |
| Paper-4 | June 30,2023 |
Each paper in the CA Foundation Exam carries 100 marks, for a total of 400 marks. Objective papers are subject to negative markings. In the event of any incorrect response, there will be a deduction of one-fourth of a mark.
Note: A candidate must score a minimum of 40% on each paper and a total of 55% on all four to pass the CA Foundation exam in 2023. Candidates who do not meet the ICAI’s prescribed passing standards will not be deemed to have passed. The candidates must retake the CA Foundation exams in such a case.
What Is the Last Date to Apply for the CA Foundation 2023 Exams?
The application for the CA Foundation 2023 examination for the December 2023 attempt is open until July 1, 2023, for which the candidates have to complete the four-month study period.
Furthermore, ICAI has introduced provisional registration for candidates who have passed the 10th grade. They must therefore submit a scanned copy of their admit card in place of the 12th-grade mark sheet. Students who have taken exams but are awaiting their results may also register through provisional registration.
Before registering for CA Foundation 2023, candidates should have the following documents on hand in the scanned form:
- Authenticated copy of class 12 exam admit card or grade report
- Certified evidence of nationality (for foreigners)
- A recent colored photograph of the candidate
- For the candidates who are SC, ST, or OBC, certified proof of their special category is required.
- Class 10 exam admit card or certificate that has been attested and includes the candidate’s name and birthdate.
How Do I register for the ICAI CA Foundation Exam May 2023?
Since the ICAI has already closed the registration for CA Foundation Exam May 2023 attempt which is going to be held in June 2023. The candidates can register themselves for the December 2023 attempt.
The following are the steps to register for CA Foundation:
- Visit icaiexam.icai.org, the ICAI’s home page, and go to the Self-Service Portal (SSP).
- Signup for the new account and enter all the necessary information, then select Generate OTP. The candidate’s registered email address or mobile number will receive the OTP.
- Enter the OTP that you received to finish the validation process.
- Candidates will receive the login information via email or SMS after entering the OTP.
- Aspirants must use the login information and choose the student cycle.
- The next step is to choose to Apply for Foundation.
- The CA Foundation form will be accessible in the following window, where some information will be pre-filled. Candidates must complete the remaining fields and press Save and Next.
- The candidate must scan all the required documents and upload them.
- The candidate also needs to upload their signature and photo.
- The CA Foundation registration fees must be paid by candidates after submitting
- Take a printout of the invoice for the registration fee.
- Once CA Foundation Registration is complete, CA study materials for the Foundation exam will be sent to the registered address.
FAQs: CA Foundation May 2023 Exam Date
What is the Minimum Age Limit to Register for the CA Foundation Exam May 2023?
As per ICAI, candidates may apply for the CA Foundation exam if they have passed the Class 10 examination administered by a state or federal government board or an equivalent examination.
When Should I Start my Preparation for the CA Foundation May 2023 Exams?
As per the ICAI, the candidates have to go through a study period of at least four months in order to be well-prepared for the examination. Candidates should go thoroughly through their syllabus and plan their time accordingly so that they can complete both theory and practical parts of it.
Is 2 Months Enough for CA Foundation?
Yes, two months are enough to prepare for CA Foundation, as the syllabus is similar to that of the 12th standard but one needs to study for 7-8 hours daily to go thoroughly through the syllabus and do the revision too.
Conclusion
CA foundation exam May 2023 attempt which is going to be held in June is barely 4 months away. Have you registered? If not, then you can still register for December 2023 attempt until July 1 and make your schedule accordingly. Make sure you fill out the registration form right on time to avoid any last-minute hassle.
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