FOUNDATION is a gateway to enter the profession of Chartered Accountancy. Students who wish to pursue the Chartered Accountancy course can register for FOUNDATION Course with the Board of Studies of the Institute.
The FOUNDATION examination is held twice a year in MAY and NOVEMBER. The examination is a test on 4 subjects for 400 marks.
Paper 1 | Principles and Practices of Accounting (100 Marks) |
Paper 2 | Business Law & Business Correspondence and Reporting(100 Marks) • Section A: Business Law (60 Marks) • Section B: Business Correspondence and Reporting (40 Marks) |
Paper 3 | Business Mathematics and Logical Reasoning &Statistics (100 Marks) • Part I: Business Mathematics and Logical Reasoning (60 Marks) • Part II: Statistics (40 Marks) |
Paper 4 | Business Economics & Business and Commercial Knowledge (100 Marks) • Part I: Business Economics (60 Marks) • Part II: Business and Commercial Knowledge (40 Marks) |
Monday To Saturday - 10:30am to 1:30pm