Now, Class 10 students eligible to apply for ICAI CA foundational course

Until now, only students qualifying Class 12 were eligible to apply for the course.

ICAI Admissions: According to the latest reports, now, Class 10 students would be eligible to apply for CA foundational. Media reports suggest that the Institute of Chartered Accountants of India (ICAI) claims to have received approval from the government for amending the entry requirement for the Chartered Accountancy (CA) courses. The new requirement suggests that Class 10 students can apply for the foundation courses of ICAI. Until now, only students qualifying Class 12 were eligible to apply for the course.

Talking about this new addition, ICAI President, Atul Kumar Gupta said, “The Institute has recently got the approval of Government of India for amending the Regulations 25E, 25F & 28F of Chartered Accountants Regulations, 1988 which now enables a candidate to provisionally register in the Foundation Course of ICAI after passing class 10 examinations. However, provisional admission to Foundation course will only be regularised once the candidate clears class 12 exams.”

Students who provisionally register in the foundation course after passing the Class 10 exam will have more time during class 11 and 12 to acquire requisite techniques to appear for CA foundation exams. However, the official statement by ICAI states that only those students will be allowed to appear for the foundation exam held in May/June, who appeared in the Class 12 exam in February or March. ICAI also claims that the early entry will allow students to complete the CA course and become Chartered Accountant, six months in advance, due to early admission.

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