CA Foundation Result Live 2023: How to Check and Where to Check?

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ICAI is an abbreviation of Institute of Chartered Accountants of India which is a statutory body ensconced under an Act of Parliament. The Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) to regulate the profession of Chartered Accountancy across the country.

ICAI has many institutions all over the country where the institution organises the classes for their students. But they conduct the examination on different centres near the student as per the filled preferences by them. The result of the CA foundation examination is very less as compared to other professional examinations.

CA Foundation Result June 2023 Updates: ICAI

Results of CA foundation course will be released by Institute of Chartered Accountants of India (ICAI) on monday till 9pm or in the early morning of tuesday, On August 8, 2023. Students who appeared in the CA Foundation examination can check their results at the official website- icai.org.in 

The examinations were conducted on 24th, 26th, 28th and 30th June, 2023 in different shifts. Results will be released online and candidates will receive the marksheet through post.

In case of any discrepancy they don’t receive the same marksheet within 4 or 5 weeks till the date of declaration, they can write the complaint at the official email address for the same- dms_examhelpline@icai.in  

ICAI will not release the merit list for the foundation results 2023. Candidates who will secure 70 percent marks or above will be considered in the list of “passed with distinction” on their marksheet. Candidates need 40 marks in each paper and aggregated 50 percent marks in one sitting to clear the exam.  

Process to check the CA Foundation Result 2023: 

CA Foundation Result

Here are the steps to follow to check the result of ICAI CA Foundation result 2023. Follow the below given instructions:

  1. To check the result of CA Foundation examination visit the official website of ICAI on-  icai.nic.in
  2. Candidates are required to click the CA Foundation June 2023 results link.
  3. Then it will show you the login page where you can fill in all the required details.
  4. On the login page, either you can check with registration number or roll number.
  5. Do submit all the details and check your result.
  6. Download the result of CA Foundation online and save it for future uses.

FAQ’s Related CA Foundation:

Q1: How many attempts does one have in the CA Foundation exam in a year?

 The registration for CA Foundation is valid for 3 years. Throughout this duration, a student can appear 2 times in a year (May & November). It claims a total of six attempts in three years (2 attempts per year). After completing three years, the candidate needs to re-validate his/her registration.

Q2: Can a student apply for the CA foundation course if he’s studying in  12th standard?

Yes. Any student who appeared for his 10+2 board examination under the Central Government or equivalent can enrol himself in the Foundation Course of ICAI. 

Q3: Where can I register myself for the CA Foundation Courses?

To apply for registration, students may visit official website: https://academy.tax4wealth.com/

Q4: What’s the paper pattern for CA Foundation exams?

The examination has been split into two categories of subjective and objective and the following pattern is given below –
SUBJECTIVE – Descriptive answers to queries
Paper 1: Principles and Practice of Accounting
Paper 2: Business Laws and Business Correspondence Reporting
OBJECTIVE – includes negative marking (i.e., +1 for proper answers and -0.25 for wrong answers)
Paper 3: Logical Reasoning, Business Mathematics, and Statistics
Paper 4: Business and Commercial Knowledge & Business Economics
The passing percentage is 50% in combination and 40% individually.

Q5: Does CA Foundation carry negative markings?

Yes, specifically in papers 3rd and 4th, ¼th marks will be deducted for each wrong answer.

Q6: Can I clear the CA Foundation examination in two months?

Two months is enough time to clear the exam. Throughout these 2 months, you ought to be ready to end your CA foundation module and review your course a minimum of once.

Q7: How can you register yourself for the CA Foundation exam?

Registration for the CA Course isn’t enough to look within the exams. You furthermore may need to fill out the examination form to inform ICAI that you simply are showing within the examination. You’ll fill out the CA Foundation examination form from the ICAI portal once creating the requisite examination fees.

Q8: What is CA Foundation exam study material?

CA Foundation Study Material:
CA foundation examination is an entry-level examination for candidates intending to pursue a career in Chartered Accountancy. The examination is conducted by the Institute of Chartered Accountants of India for double a year. The coming CA Foundation examination is going to be conducted on May 11, 13, 15, and 17, 2020.

Q9: How many marks are required to pass the CA Foundation exam?

Candidates need to score a minimum of 40% marks on every paper and a minimum of 50% marks in a combination of all the papers to pass the CA foundation examination. CA Foundation examination is an offline examination conducted double a year. The question paper is going to be either in English or Hindi languages.