CA Foundation Result 2022
01 Feb
Articles, CA Final, CA Foundation, CA Intermediate

CA Foundation Result 2022 – Know the Dates, How to Check Results

The CA Foundation result Dec 2022 is expected to be declared on 3rd/4th February, 2023, at 10 AM. The official announcement for the CA Foundation 2023 result date will be released soon by ICAI. To check the result, go to the ICAI exam website – icai.org and enter your registration and roll number.

 

How to Check the CA Foundation Result Dec 2022?

Follow the step-by-step process to check the CA Foundation Result Dec 2022 online.

  1. Go to the ICAI exam website, and click on “Results”.
  2. Under the “Check Results” section, tap on “Foundation: Dec 2022”.
  3. Then, enter your Roll number with a PIN or the registration number.
  4. Now a new window will appear with your CA Foundation result. Take a printout of the result for future reference.

ICAI websites to check the results are – icaiexam.icai.org, caresults.icai.org, and icai.nic.in.

The details mentioned in the CA Foundation result mark sheet are:

  • Student’s name,
  • Paper-wise minimum and maximum marks,
  • Total marks, and
  • Result Status of the student.

 

CA Foundation Passing Marks

As per the CA Foundation exam pattern, students who scored a minimum of 40% marks in each subject and 50% aggregate in all four subjects within a single attempt will qualify for the exams.

Pass with Distinction- Students scoring more than 70% marks receive their result card with the Pass with Distinction mentioned.

Vsmart Academy provides the best coaching to the CA Foundation students. In the June 2022 results, our 220 students cleared the exams and 7 students got 300+ marks. If you also want to get the best result, then join our CA Foundation Coaching now.

CA Foundation Pass Percentage Dec 2022

The pass percentage is the percentage of candidates who cleared the CA Foundation exams. The ICAI will soon release the CA Foundation Pass Percentage of Dec 2022 result. Till then, students can review the passing percentage for the June 2022 result.

Gender Appeared Passed Pass %
Male 51111 13043 25.52
Female 42618 10650 24.99
Total 93729 23693 25.28

Students who have cleared the CA Foundation exams must check the CA New course recently introduced by the ICAI. The institute has made several changes at all levels of the CA course. Check the detailed analysis of the CA new scheme here.

What to Do After CA Foundation Result Dec 2022?

Students who have cleared the CA Foundation Dec 2022 exams can register for the CA Intermediate Nov 2023 attempt. The CA Intermediate registrations for the Nov 2023 attempt are open till March 1, 2023.

However, students who couldn’t clear the Foundation exams must apply for the next attempt i.e., May 2023. They can submit the CA Foundation exam form for the May 2023 attempt from Feb 3 to Feb 24, 2023.

icai new scheme 2023
13 Jan
Articles, CA Final, CA Foundation, CA Intermediate

ICAI New Scheme for 2023 Exams

After ICAI proposed the ICAI New Scheme for 2023 exams, many changes have been made in Education and Training of the CA Course. There are a total of three levels in the CA Course and these levels include CA Foundation course, CA Inter course and CA Final course. A few sections have been removed, few have been merged and few new changes have been introduced in the ICAI New Scheme for 2023 exams. 

Scroll further to have a detailed understanding of the new scheme proposed by ICAI for 2023 exams in the CA Syllabus.

Details of ICAI CA New Scheme

Changes made in the ICAI new exam pattern are mentioned below. Students are advised to go through all the changes carefully and be aware of the requirements before starting their preparations.

  • 2 Subjects have been removed from the CA Foundation level.
  • CA Intermediate level now has 6 papers, divided into two groups.
  • CA Final level has 6 papers, again divided into two groups.
  • Articleship period has been reduced to 2 years, from 3 years.

ICAI CA Foundation New Syllabus and Old Syllabus- Difference

Highlights Proposed Changes by ICAI  Old CA Foundation Syllabus
Eligibility Compulsory for students to have passed the 10th board No exact number of attempts restricting  the CA Foundation course.
Validity 4 years Validity Previously, there was no exact limitation to the CA Foundation registration validity.
Registration  No cut-off dates for CA Foundation registration. Cut off dates like January 1 or July 1 for CA Foundation Level

CA Foundation New Syllabus 2023

The changes that have been proposed in the ICAI new scheme of education and training, are mentioned below:

  • The new scheme has reduced 6 subjects and 4 papers to 4 subjects and 4 papers. These subjects have been removed.
  1. Business Correspondence & Reporting
  2. Business & Commercial Knowledge
  • A negative marking of .25 for every wrong answer. Previously there was no such negative marking.
  • Now, the students have to score at least 50% to pass the Foundation level.

Vsmart Academy, has got your back if you are an individual aspiring to start CA Foundation exam preparations.

ICAI New Scheme 2023- CA Intermediate Level

CA Intermediate New Course Scheme CA Intermediate Old Course Scheme
No changes in the Eligibility criteria Students who have passed CA Foundation and 12th board are eligible to appear in this level
CA Inter registration validity- 5 years

(Charges on re-validation)

Re-validation allowed just once

 Validity of Registration- 4 years 
Direct Entry Route – Mandatory 8 months study period 8 months study period for Foundation Route

Compulsory practical training of 9 months for Direct Entry Route

CA Intermediate Exam New Syllabus 2023

Key highlights of the ICAI CA Inter New Syllabus:

  • 2 subjects have been removed from the CA Inter new syllabus.
  • Paper 1 and 5 are now merged into “Advanced Accounting”.
  • “Enterprise Information Systems” is removed.
  • “Economics for Finance” is no longer included in paper 8.
  • Remaining part is included in paper 6, in the name of “Financial Management and Strategic Management”.
  • Paper 2 of CA intermediate will be only about the “Companies Act”.
  • In the ICAI new scheme 2023, there will be 2 groups of three papers in the CA Intermediate Syllabus. 
  • Business Law is now a part of the CA Foundation Level syllabus. 

ICAI New Scheme Exemptions and Passing Criteria (CA Intermediate Level)

CA Intermediate exemptions and passing criteria are mentioned below. 

30% MCQ questions for all the papers of CA Intermediate exam.

  • ICAI will be entertaining the exempted papers of CA Intermediate as permanently passed, after the new scheme. But students have to clear the rest of the papers with 50% marks individually.
  • Negative marking of .25.
  • If a student scores 60% in one or more papers in a single attempt, exemption of papers for immediate next three attempts is allowed in the intermediate level of CA. 
  • Students can surrender the exempted papers only after three attempts.

CA Articleship Changes in the new Scheme of ICAI, 2023

  • The CA Articleship duration has reduced to 2 years, from 3 years.
  • Students must have at least 1 year of experience in a CA firm.

Changes in the CA Final Course in the New Scheme of ICAI

  • Students have to clear the four sets of self paced modules to sit for the CA Final exam. These sets are divided as SET A, SET B, SET C and SET D. All these sets include the following subjects:
    1. Economic Laws(Compulsory set)
    2. Strategic Cost Management and performance evaluation(Compulsory set)
    3. Specialization Elective
    4. Incorporating multidisciplinary approach envisaged in NEP,2020
    5. Now, take a look at the key highlights of CA Final Syllabus changes proposed by ICAI:
      Categories  CA Final Level ICAI New Scheme CA Final Level Old Scheme
      Eligibility for Admission  Same as the previous course structure of CA Final level.  Students who have passed both groups of CA Inter exam and completed integrated course on information technology and soft skills
      Registration Validity 10 year validity (Re-validation permitted but with prescribed fee) No particular restrictions 
      Eligibility for Exam 
      • Completed advanced ICITISS course 
      • Completed six months after the practical training
      • Qualified the four self paced online modules
      		 Completed advanced ICITISS course and 2.5 years of practical training 
      • According to the CA Final new scheme, students have to score more than 50% in each module. 
      • Both the compulsory papers have been deleted from CA Final old course. 
      • In the remaining sets, students can choose their respective topics and then take their preparations forward. 
      • CA Final papers have been reduced from 6 papers from 6 papers, in the CA Final syllabus.
      • Subjects in paper 4 and 5 will be removed and added in self paced modules as compulsory sets.
      • Elective subjects like “Risk Management” and “Financial services” are now included in the Set C of self paced modules.

      In the new CA Final exam pattern, papers will have 30% MCQ based questions and there will be negative marking on every wrong answer. There was no negative marking in the previous scheme of CA but the newly proposed scheme has got negative marking which might be bad news for Aspirants. Students should not be intimidated by the results, as no matter what changes are proposed, if you are well prepared then nothing can stop you from achieving success.