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Choosing a career in Chartered Accountancy (CA) is one of the biggest decisions for commerce students and even for those from science or humanities backgrounds. But the most common doubt students have is: 'Is CA Foundation compulsory if I want to become a Chartered Accountant?' The simple answer is, Yes, CA Foundation is compulsory except for students who qualify for CA direct entry after graduation. But understanding this in depth requires clarity about pathways, eligibility, exceptions, benefits, and the entire thought process behind the CA Foundation structure. In this article, we break everything down in a human, easy-to-relate way.

Also Check - Who is eligible for direct entry into the CA Intermediate course?

Even though most commerce students aspire to become a CA, many are not willing to begin their journey from the Foundation level. For such students, ICAI has found a solution. With the latest upgrade, ICAI allows students with a strong academic background to get direct entry to the CA Intermediate level. These students can skip the Foundation level. However, this is not open for all. This article will guide you on how to skip the foundation level and how to start preparing for the Intermediate level directly.

Also Check - Can non-commerce students apply for CA Foundation?

Every second student who chooses commerce after 12th is aiming to become a Chartered Accountancy (CA). However, one doubt that often occurs is, 'How many attempts are allowed for the CA Foundation?' This confusion is quite common as ICAI has shifted to the new education and training scheme. The new scheme of ICAI is that they mainly focus on clear-cut guidelines, reduced subjects, and a more structured path for students. And the good news? There is no attempt limit for the CA Foundation. But let’s break this down properly, because there are some conditions attached.

Bookkeeping is important in every CA Foundation student’s journey. It sets the tone for accounting. You need clarity and consistency to excel in this simple topic. Once you understand the logic, bookkeeping becomes easy and the most rewarding in the entire journey. It enhances your ability to think like an accountant and develops the habit of organising and managing the financial information in a precise and systematic way. In this article, we will discuss reliable strategies which will help you understand bookkeeping and master it for your CA Foundation exam with confidence.

Also Check - How to pass CA Foundation in first attempt?

With CA Foundation set to commence on January 18, students must know the correct strategy to maximize their scores and crack the entrance exam in the very first attempt. It is quite possible, but only if you study the complete syllabus and key topics thoroughly, focus on conceptual learning, create a well-organized study schedule, and consistently keep practicing with past year papers and mock tests. This article deals with the right approach, guidelines and strategies to pass the CA Foundation in the first attempt. 

Also Check - Important Topics in CA Foundation Accounting Paper