Institute of Chartered Accountants of India (ICAI) has allowed provisional registration for the 2020 CA Foundation Course to class X students after various requests. Previously, only students who had cleared class XII could’ve applied for this course. The institute made this change in the Chartered Accountants Regulation after the approval of the government.
CA Atul Kumar Gupta, President of the ICAI said, “The Institute has recently got the approval of Government of India for amending the Regulations 25E, 25F & 28F of Chartered Accountants Regulations, 1988 which now enables the candidate to provisionally register in the Foundation Course of ICAI after passing Class 10 examinations. However, provisional admission to Foundation course will only be regularized once the candidate clears Class 12 exams.” He also added that this will help the students to prepare for the course while pursuing Class XI & XII. As a result, they would have ample time to update their knowledge and acquire requisite techniques to pass the course with flying colours. ICAI also offers free online classes to students of Foundation which can be accessed anytime, anywhere.
Here is a comparison between the earlier and revised entry requirement, and eligibility criteria for the examination via Careers360.
|Particulars||Under Earlier Scheme||After Amendments in Regulations|
|Provisional Registration in Foundation Course||Students had to register with the Board of Studies (BoS) after appearing in the Class XII exam.||Students can register with the Board of Studies (BoS) after passing Class X.|
|CA Foundation Eligibility Criteria||4 months study period was required to be undergone before appearing in the Foundation Examination.
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Students should have passed the Senior Secondary (10+2) Exam conducted by an examining body constituted by law in India or an examination recognised by the Central Government (or the State Government) as equivalent thereto.
|4 months study period is required to be undergone before appearing in the Foundation Exam.
Students should have appeared in the Senior Secondary (10+2) Examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government (or the State Government) as equivalent thereto (for the purpose of admission to graduation course).
|1stAttempt for appearing in Foundation Exams||In November/December, after passing class XII exam.||In May/June after appearing in XII exam.|
Register for the Foundation Course 2020 HERE
For more information regarding the same, refer to the FAQs HERE