ICAI has released the new CA Foundation Date Sheet 2020 and the opt-out exams time table. All the important details about the time table, application forms, exam fees, and centers are given in this article. The details of the new opt-out scheme are also available.
Keep getting the latest changes and announcements made by ICAI for CA Foundation Exam Time Table 2020-21.
CA Foundation Exam Time Table 2020-21
|Paper||Subject||Old Exam Dates (Postponed to Dec 2020)||Revised Exam Dates||Opt-Out Scheme Exam Dates|
|Paper 1||Principles and Practices of Accounting||9th Nov 2020||8th Dec 2020
13th Dec 2020 *
|21st Jan 2021|
|Paper 2||Business Laws and Business Correspondence and Reporting||11th Nov 2020||10th Dec 2020||23rd Jan 2021|
|Paper 3||Business Mathematics and Logical Reasoning and Statistics||15th Nov 2020||12th Dec 2020||25th Jan 2021|
|Paper 4||Business Economics and Business Commercial Knowledge||17th Nov 2020||14th Dec 2020||28th Jan 2021|
* The CA Foundation paper 1 was rescheduled on 13th Dec 2020.
Opt-Out Scheme for Nov 2020 Exams
Due to COVID-19 still being a major issue of concern, ICAI has allowed students to take the opt-out option if any of the situations like the below arises:
(a) If a student’s report comes COVID-19 positive
(b) If a student’s family member or person they are living with is COVID-19 positive.
(c) If a student is staying in the containment zone area
If you choose the opt-out option while you appear for the exams, your attempt won’t be counted, and you will have to give all the papers once again.
For example, you have given the first two exams, and now you choose the opt-out scheme. Your given exams won’t be considered and you will have to appear again in all the four exams.
Once you submit your application through the ICAI dashboard, you cannot take it back. Your candidature will be moved to the next exams. If you select the opt-out option, you can choose to give the Jan 2021 exams or May 2021 exams.
Here the details of the timings of the CA Foundation Exams:
|Paper 1||2 PM to 5 PM|
|Paper 3||2 PM to 4 PM|
You will get 3 hours and 15 minutes for paper 1 and 2. The 15 minutes will be for question paper reading, which will start at 1:45 PM. As papers 3 and 4 are of objective type, you will get only 2 two hours to fill in your answers.
CA Foundation Application Form, Exam Fee, and Centre
The CA Foundation exam forms are given on your dashboards on the ICAI Exam website. As the Nov 2020 exams and opt-out exams are already being held, the exam forms have already been filled.
Students who have registered for May 2021 exams will have to fill the exam forms and pay the exam fee depending on their exam center. If you have chosen to opt-out from the Nov 2020 exams, you will have to fill the exam form again. But your previous exam fee will be adjusted, so you don’t have to pay it again.
|For Indian Centre||Rs. 1500|
|For Kathmandu Centre||US $ 325|
|For Overseas Centre||Rs. 2200|
The late fee for the application form is Rs. 600.
Due to the COVID-19, ICAI had to shift many exam centers. You should visit the ICAI announcements page to know if your exam center has been shifted or not.
CA Foundation Admit Card
The admit cards for any of the CA course exams are released 14 days before the exams.
ICAI released the admit cards on 1st Nov for CA Foundation Nov 2020 exams. Note that ICAI won’t send any print outs of admit cards at your address. However, you can download it from ICAI website (your dashboard).
If your exam center was shifted, you could use the same admit card issued with your old exam center. You don’t need a new admit card.
Preparation Tips for Last Few Months Before Exams
ICAI releases the CA Foundation Exam Dates around a month and a half before the exams. It is a crucial time when you know exactly how many days are left for exam preparation. It’s not the time to let nervousness set in yourself. You have to focus on exam preparation. You must follow these simple tips to stay calm and confident for your exam:
- Sort out your syllabus based on preparation level. Do only revisions of the topics you have completed. Don’t start a new topic that you haven’t learned yet.
- Download the ICAI mock test paper and previous year’s papers. Solve them and check your answers with the solution key provided by ICAI.
- Do any physical activity like exercise, jogging, or yoga for 15-30 minutes every day. You can also do any other hobby if you want. The main motive is to keep yourself away from stress.
CA Foundation Exam Time Table 2020 FAQs
Q1. Are the CA Foundation Exams postponed?
Ans. The CA Foundation Exam Dates of Nov 2020 was postponed to Dec 2020.
Q2. When will the CA Foundation exams commence?
Ans. As given in the ICAI CA Foundation Exam Date 2020 Time Table, the exams started from 10th Dec 2020.
Q3. What is the CA Foundation Time Table for Nov 2020 Opt-Out exams?
Ans. The CA Foundation Date Sheet for Opt-out exams is:
21st, 23rd, 25th, 28th Jan 2021.