ICAI CA Foundation Exam: Registration and Attempt Guidelines for May 2021

As of my latest knowledge update, you are no longer able to attempt the CA Foundation exam for May 2021, as the registration period has already passed. However, there is still plenty of time to prepare for the upcoming exams.

Exam Timing and Registration Window

The Institute of Chartered Accountants of India (ICAI) typically conducts the CA Foundation exams twice a year, in May and November. Based on the latest information available, the May 2021 exam window has closed. However, you can still register for the November 2021 exam if you meet the eligibility criteria.

If you are planning to take the CA Foundation exam in 2021, it is crucial to register well in advance. You should register no later than 5-6 months before your desired exam attempt. This is a just suggestion, but it generally ensures you have ample time to prepare.

Retaking the CA Foundation Exam

A student who has failed the January 2021 exams can attempt the CA Foundation exam in June 2021. ICAI has announced that the June 2021 exams will be held on June 24th, 26th, 28th, and 30th. The exam forms will be available from April 20th, 2021, and the last date for registration is May 4th, 2021.

To register for the June 2021 exam, you must pay the examination fee of Rs. 1500 within the specified period. Completing the registration process at least 5-6 months in advance can provide you with enough time to study and prepare effectively.

Exam Structure and Papers

The CA Foundation exam consists of four papers. Two of these papers are multiple-choice question (MCQ) based, while the other two are based on theoretical answers. The syllabus covers fundamental accounting, financial management, business law, and economics. Although the syllabus may seem vast, a thorough and focused preparation can help you overcome it.

When preparing for the CA Foundation exam, it is important to start with a fresh mind and adopt a positive mindset. Remind yourself that you are capable of success and that you can do this. This positive attitude will be instrumental in your preparation journey.

Eligibility and Process

To appear for the CA Foundation exam, you must meet certain criteria, such as completing your HSC (Higher Secondary Certificate) qualification. Once you meet the eligibility requirements, you can register for the exam when the forms become available.

It is important to note that there is no restriction on the number of attempts. If you do not pass the exam in a particular attempt, you can reappear for a subsequent exam.

Important Dates to Remember

June 2021 exam forms open: April 20th, 2021 June 2021 exam last date for registration: May 4th, 2021 November 2021 exam registration window: December 2020, with the last date being June 30th, 2021 for Foundation and March 1st, 2021 for Intermediate

ICAI regularly updates its official website with the latest exam schedules and registration details. It is advisable to visit the ICAI website periodically for any changes or updates.

I hope this information helps you in your preparation for the upcoming CA Foundation exam. Best of luck!