Sri Medha Educational Institution
CA Foundation is the new entrance level for the Chartered Accountancy Course in India. Earlier it was known as Common Proficiency Test (CPT).
ELIGIBILTY:-The candidate can register for the CA Foundation after appearing in 12th board/ Sr.Inter examinations and take the exam after qualifying the 12th examinations.
SUBJECTS IN CA – FOUNDATION:CA Foundation is partially descriptive and partially objective test consisting of 400 marks. The four subjects are:
1. Principles and Practices of Accounting 2. Business Laws and Business Correspondence and Reporting 3. Business Mathematics and Logical Reasoning Statistics 4. Business Economics & Business and Commercial Knowledge.
The above two papers are descriptive while the later two are objective with negative marking.
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