As we are all aware, the latest CA Foundation exam dates 2022, has been released by the ICAI. So, on the basis of the date sheet, the CA Foundation Papers will be held on 23, 25, 27 and 29 May 2022. As the examination dates are near, so all CA Foundation aspirants must prepare well to secure good marks in the ICAI exams.
In this blog, students will get to know the CA Foundation exam dates for the May 2022 exams. And we will also share all the necessary information regarding the CA Foundation exams such as marking scheme, strategy and a daily study plan.
Paper No. | Subjects | Dates |
1 | Principles and Practices of Accounting | 23rd May 2022 |
2 | Business Laws and Business Correspondence and Reporting | 25th May 2022 |
3 | Business Mathematics and Logical Reasoning and Statistics | 27th May 2022 |
4 | Business Economics and Business and Commercial Knowledge | 29th May 2022 |
As ICAI released the CA Foundation May 2022 exam date sheet, revise your notes carefully and conceptually, since ICAI exams are not all theory-based but require practical knowledge in an applied manner. Study with full concentration for the best results will open the door for vast opportunities in the CA career.
Get connected to the VSI as the top CA institute to offer you coaching regarding ICAI exams for each level. Study under India’s best teaching faculty, which now has a record of producing achievements every year in ICAI results. VSI offers online classes so that it is easy to study at just your homes in accordance with the CA Exam date 2022 timetable released by ICAI.
Are you Eligible for CA Foundation Exams 2022?
CA Foundation is the first stage in the ICAI exam scheme to shine your career in CA. There are considerable variations in eligibility criteria for CA registration and CA exams. With the latest update of the CA Foundation exam dates 2022 by ICAI, one must be aware of its eligibility criteria. Check the following table to get well aware of the CA eligibility criteria for both events.
CA Foundation Exam Criteria: Registration | CA Foundation Exam Criteria: Exam |
The candidates who are going to register for the CA exams conducted by ICAI every year should have appeared in class 12th affiliated to any Central government authorized board. For this, they must carry proof like admit cards of the 12th examination. In case the candidate has cleared any other equivalent examination other than 12th, by any recognized board of Central government, is eligible for registering for the CA foundation stage. | The candidates who are interested in having CA foundation exams should be registered by the board of studies authenticated institution of ICAI and the process of completion of registration must be done before the specified timeline for a particular session of the CA foundation exam. As per the latest criteria parameters announced by ICAI, there should be a time interval of at least 4 months from registration to the exam times. Only 12th or an equivalent examination passed students are eligible for appearing in CA foundation exams, which must be recognized by a government authorized board. |
Need to Check CA Foundation Marking Scheme
As the CA Foundation exam dates 2022 has been announced by ICAI; all the aspirants are needed to be well aware of the latest marking scheme and paper pattern designed by the ICAI guideline for all four subjects.
- There are four papers for the CA foundation exams.
- Each paper’s maximum weightage is 100 marks and has a period of 3 hours each.
- The first two papers, Principles and Practice of accounting and Business laws and Business correspondence and Reporting, will be subjective, and the CA Foundation Maths and Economics papers are in objective patterns.
- The objective papers of Business Mathematics, logical reasoning, statistics, and Business economics, and commercial business knowledge carry negative marking with each question. 1/4th marks will be reduced in case of a wrong answer.
- Candidates must clear all the subjects with at least 40% marks in each subject and overall, at least 50% for passing the CA foundation examination.
- The paper will be conducted in Hindi or English as per the priority of the candidate.
Strategies to Make for CA Foundation Exams 2022
It is difficult to clear any examination without a proper strategy of preparation. This will make your efforts more effective in case of strategic preparation to clear exams with securing admirable marks. Follow the study pattern as per the weightage and marking scheme of ICAI as the CA Foundation Exam Dates 2022 is nearby and consider the following points.
- Start revising your notes carefully. Prepare the additional notes emphasizing the most important topics out of the vast syllabus.
- Try to understand the concept behind the particular topic you are preparing for.
- Try to solve the past year’s question papers for judging the marking scheme and most frequent and difficult topics.
- Solve the mock papers that are strictly inclined to the latest ICAI guidelines of the exam to boost your confidence.
- Mark the difficult topics you found and all your doubts, which must be cleared well before the expert guidance exams.
- Try to get the online video lectures by the VSI to revise each subject under expert guidance.
- Solve the problems of Mathematics regularly as fast as possible, since it may be a lengthy paper.
Regular Schedule of CA Foundation Exam of May 2022
The students preparing as per their relevant level CA foundation exam dates 2022 timetable updated by ICAI, must incline along the strict daily basis schedule to get maximum benefits from a day by consistent and regular studies. Here are some tips which every CA aspirant must note while preparing for the daily schedule.
S.NO. | Time Slot | Activity |
1 | 5 am – 7 am | During the morning period, one must study the theory carefully. |
2 | 7 am – 7:30 am | Have a break for a quick healthy breakfast. |
3 | 7:30 am – 10:30 am | Check the morning theory understanding. |
4 | 10:30 am – 11 am | Take a break and make yourself fresh. |
5 | 11 am – 1 pm | Good time to solve the mathematical part of the syllabus full of lengthy statistical calculations. |
6 | 1 pm – 2 pm | Take a break to have an energetic lunch, which will keep you working the whole day. |
7 | 2 pm – 3 pm | This duration of the day is good for you to sleep so that you can relax well. |
8 | 3 pm – 5 pm | Again continue with the calculative part of your syllabus. |
9 | 5 pm – 5:30 pm | Get yourself fresh, by taking a short break of half an hour from heavy calculations. |
10 | 5:30 pm – 8 pm | Read the theory again and try to finish each topic of theory at least in a day. |
11 | 8 pm – 9 pm | Go for dinner and chill up your mood with your family members. |
12 | 9 pm – 10 pm | You can have a nice walk. |
13 | 10 pm – 12 pm | Best time to engage with numerical problems in a quiet atmosphere. |
14 | 12 pm – 4 pm | Take proper sleep for the next 4 hours. |
What is Next to Prepare for?
After clearing the CA Foundation, candidates have a lot more to travel to be CA. There are two stages, namely CA intermediate and the CA Final are waiting to be cleared by you, which have a much-complicated syllabus than the Foundation level. A candidate must clear all the levels to make a career in CA.
CA Intermediate is going to be held after 8 months from clearing the CA Foundation stage. The CA intermediate syllabus is way more lengthy and difficult to prepare than CA Foundation.
After the Intermediate stage, successful candidates are needed to have an articulate training of 2.5 years and AICITSS training to become eligible for CA final examination, after which successful candidates must register themselves with ICAI certificates.
Conclusion
With the announcement of the CA foundation exam dates 2022, it is necessary to get updated with every news published by ICAI carefully along with your concentrated studies. Get well aware of the marking scheme and read all instructions before the exam carefully. Prepare the daily schedule to get maximum outfits from a day for your studies and practice each subject with insufficient time distribution. You can have online classes offered by VSI, Jaipur’s most reliable coaching institute of CA exams, which makes history in every year ICAI results. VSI online classes have a minimal cost, which is affordable by every middle-class family, CA aspirant.