Guidance Note For Filling May 2022 CA Exam Forms: CA Foundation

The Institute of Chartered Accountants of India (ICAI) has issued Guidance Notes For Filling CA Exam Forms for Foundation Examination Form, May 2022.

1. Introduction:

1.1 Foundation Examination is a gateway to enter the profession of Chartered Accountancy. Foundation Exam is open for candidates who have registered for the Foundation Course with the Board of Studies of the Institute on or before the last date for registration, i.e 1st January 2022 or converted from Common Proficiency Course to Foundation Course on or before 13th March 2022and have Appeared in 12th class or equivalent recognized examination. This is a Descriptive cum Objective type examination of 400 marks comprising of four papers. These Guidance Notes are exclusively meant for the Foundation Exam to be held in MAY 2022.

1.2 Descriptive cum Objective type Examination would be conducted twice in a year – once in the month of May/June and once in the month of November/December. The language of Question Paper Booklet will be English/Hindi. However, OMR Answer Sheets for Papers 3 & 4 will be in English Medium only.

1.3 Exemption from Appearing in Foundation:

Candidates who are graduate or post graduate in Commerce having secured in aggregate a minimum of 55% of total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) with certain subjects OR Graduates or Post Graduates other than those falling under Commerce stream mentioned above 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 have passed the Intermediate Examination of the Institute of Cost Accountants of India or the Institute of Company Secretary of India are exempted from passing Foundation Examination. For more details, please visit the Institute’s website www.icai.org.

2) Dates and Timings of the Examination:

Late Entry Permitted:

Upto 15 Minutes from the commencement of Exam for Paper 1, 2, 3 and 4.

Early Exit not Permitted:

Candidate will NOT be permitted to leave the Examination Hall till conclusion of the Exams. No Early exit will be permitted even if the candidate has completed his paper. Candidate will be required to submit the question paper also (for Paper 3 & 4) along with the OMR answer sheet before leaving the Examination Hall, after the conclusion of the Exam.

Examination Timings

Note: There will be no change in the examination schedule in the event of any day of examination schedule being declared a Public Holiday by the Central Government or any State Government.

3) Eligibility Criteria:

Eligibility criteria for the Foundation Examination to be held in MAY 2022:

A candidate shall be eligible to appear in Foundation Examination scheduled to be held in MAY 2022, if he/she has:

(i) Registered for Foundation Course with Board of Studies on or before 1st January 2022.

OR

(ii) Converted from CPT to Foundation Course with Board of Studies of ICAI on or before 13th March 2022.

AND

(iii) Should have appeared in the Senior Secondary Examination (10+2 examination before appearing in Foundation Examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government (or the State Government) as equivalent thereto (for the purpose of admission to graduation course) and on complying with above

Further conditions, if any, applicable, will be hosted on the website.

4) Examination Fee:

Examination Fee for Filling Up Examination Form Online

(i) Rs. 1500/- (For opting a Centre in India).
(ii) INR 2200/- (For opting Kathmandu Centre)
(iii) US$ 325/- (For opting Abu Dhabi, Bahrain, Doha, Dubai & Muscat Centres)

* In addition to the applicable examination fee payable to the Institute by the candidate towards exam related services, they will be required to pay bank charges at the following rates, while paying the said fee, online through the payment gateway. These are charges payable by the candidate to the bank and will be recovered along with the applicable fee payable to the Institute: –

Domestic Credit Cards: 0.50% + GST

Domestic Debit Cards / Rupay Cards :-

Upto Rs. 2000 : 0.4% + GST

Greater than Rs. 2000 : 0.9% + GST

Rupay Cards : Nil

International Cards: 2.75% + GST

Net Banking: Nil

BHIM UPI: Nil

Paytm Wallet: 1.10% + GST

* Excluding Bank Commission and Service Tax

Other Conditions:

a. Differently abled – physically and/or visually – candidates who are entitled to engage writer will be required to engage writer having a qualification of 10th/Matriculation only for Foundation Examination.

b. No one associated in any manner with academic tutoring and preparation of examination for CA, CWA, CS, M.B.A., B.E. and LLB programmes be involved as a writer.

c. The examinees who have been issued with a Permanent Concession Card / permission letter providing the facility of writer should send an application to the Examination Department of the Institute stating that he/she wishes to avail the facility of writer in the examination together with details such as name, registration number, group opted, medium opted, centre/zone opted, etc. immediately after submission of application form for admission to examination, which should reach the office not later than 10th November/10th May of the year in which December/May Foundation Examination is held respectively.

d. Examinees will be required to arrange writer at their own end subject to the compliance with the related requirements.

e. While there shall be no restriction on change of writer, such a change shall be allowed on making an application by the concerned examinee to the Centre Superintendent and subject to compliance with related requirements. In such a case the Centre Superintendent will hand over a copy of the guidelines in force to the differently abled candidate and the writer.

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