CA Foundation Course: Now even standard 10 students can do CA Foundation Course, ICAI has changed the rules

 CA Foundation Course: Now even standard 10 students can do CA Foundation Course, ICAI has changed the rules

The Institute of Chartered Accountants of India (ICAI) has now allowed admission for provisional registration for the Chartered Accountants (CA) Foundation Course 2020 for standard 10 students. Interested students can learn more about this by visiting icai.org.

ICAI changed the rule

Under the new provision introduced by ICAI, standard 10 students can now apply for the CA Foundation Course 2020. Previously, the arrangement was only for those candidates who had passed the standard 12 examination.

ICAI President Atul Kumar Gupta said the institute has recently received approval from the Government of India to amend the Chartered Accountants Regulations, Regulations 25E, 25F and 28F of 1988. Accordingly, now after passing the standard 10 examinations, students can enroll in the foundation course of ICAI.

Provisional Registration in Foundation Course of the Institute of Chartered Accountants of India (ICAI) after passing Class X Examination
For details visithttps://t.co/vgTfdUbdPN
To register - https://t.co/wRxTagOw5l & https://t.co/PcCghzOKuH
FAQ - https://t.co/QKPLGLvFzh pic.twitter.com/cCzm6lr821

— Institute of Chartered Accountants of India - ICAI (@theicai) October 13, 2020

CA Foundation Course 2020: Qualification Standard

Students will have to register with the study board of the institute before January or on the first day of July respectively for the examination to be taken in the month of May / June or November, December respectively. In other words, a study period of 4 months is required before appearing in the foundation exam.

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An official notice tweeted from ICAI's Twitter handle also said that no change has been made in the registration fee. The new provision will allow standard 10 students to enter the program, giving them more time for the CA exam.