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ICAI enables Provisional Registration in Foundation Course after passing Class X Examination

ICAI - Provisional Registration - Foundation Course - passing Class X Examination - Taxscan

The Institute of Chartered Accountants of India ( ICAI ) has enabled the Provisional Registration in Foundation Course after passing Class X Examination.

The Competent Authority has conveyed its approval on the ICAI proposal for amending the Regulations 25E, 25F & 28F of Chartered Accountants Regulations, 1988 which now enables candidate to provisionally register in the Foundation Course of the Institute of Chartered Accountants of India (ICAI) after passing Class X examinations.

The following are the salient features of the notification:-

Students after passing Class 10th examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government or the State Government as equivalent thereto, may provisionally register in Foundation Course of ICAI.

Eligibility Criteria for appearing in Foundation Examination is as under:-

(a) Student has to register with the Board of Studies of the Institute on or before 1st day of January or 1st day of July for the examination to be held in the months of May/June or November/December respectively. In other words, 4 months study period is required before appearing in Foundation Examination.

(b) Student should have appeared in the Senior Secondary (10+2) Examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government (or the State Government) as equivalent thereto (for the purpose of admission to graduation course)

Candidates may note that there is no change in the Registration Fee. For Registration, students may visit the website.

For further clarification, read FAQs here.

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