ICAI Foundation Result 2024 Live: The Institute of Chartered Accountants of India will be releasing the ICAI CA Foundation Result 2023-24 is likely to be declared between 6 to 6:30 pm today, as per the information shared by CA Anupam Sharma on social media platfrom X. The exam was conducted in December 2023-January 2024.
After the declaration of the results, candidates will be able to download the results in PDF form from the official website – icai.nic.in. Candidates will require the registration number and roll number to log in and access their results.
This live blog contains details and other updates regarding the ICAI CA Foundation 2023-23 results.
The CA Foundation Dec 2023 scorecard will include:
Candidate’s name
Roll number
Paper number
Subject’s name
Marks obtained
Result status (for each subject)
As per some media reports, around 30% of candidates have passed the exam conducted on December 31, 2023, January 2, 4, and 6, 2024.
Follow thses steps to check results:
1. Go to the official ICAI website at icaiexam.icai.org.
2. Locate and click on the “CA Foundation 2023 Result for December session” link.
3. Enter your login credentials in the provided fields on the new window and click “Submit.”
4. Your December 2023 ICAI CA Foundation result will be displayed on the screen.
5. Review your results and proceed to download them if needed.
Candidates have to prepare for four subjects to qualify for the exam which includes, Principles and Practices of Accounting Syllabus, Business Laws, Quantitative Aptitude, and Business Economics. Candidates are required to score a minimum of 40 percent in each of the subjects to pass.
The CA Foundation Dec 2023 scorecard will include:
Candidate's name
Roll number
Paper number
Subject’s name
Marks obtained
Result status (for each subject)
Step 1: Launch your messaging app and compose a new text message.
Step 2: Enter “CAFND [Your Roll Number]” (e.g., “CAFND 000131”) in the message body.
Step 3: Send the message to 57575.
Step 4: Expect to receive your CA Foundation December 2023 results on your phone shortly after sending the message.
As per the eligibility criteria, candidates need to score a minimum of 40 marks in each subject and an aggregate of 50 per cent to clear the exam.
In order to pass the CA Foundation exam, candidates need to attain at least 40 marks in each subject and achieve an overall aggregate of 50 percent.
During the CA Foundation 2022 examination, there were 1,26,015 candidates who participated. Out of these, 36,864 candidates passed successfully. The overall pass rate was recorded at 29.25%. According to ICAI data, 29.57% of male candidates and 28.88% of female candidates successfully cleared the CA Foundation exam last year.
Latest update : CA Foundation Result likely to be declared today evening around 6pm to 6.30 pm.
— CA Anupam Sharma (@caanupam7) February 7, 2024
Registration for the upcoming CA Foundation examination, scheduled for June, is currently ongoing.
No, as per the Chartered Accountants Regulations, 1988, there is no provision for score improvement in the CA Foundation exam. Students who have already passed the exam cannot reapply for improvement.
Step 1: Launch your messaging app and compose a new text message.
Step 2: Enter "CAFND [Your Roll Number]" (e.g., "CAFND 000131") in the message body.
Step 3: Send the message to 57575.
Step 4: Expect to receive your CA Foundation December 2023 results on your phone shortly after sending the message.
In Papers 1 and 2, rounding to the nearest full mark is applied for half or more fractional marks.
Papers 3 and 4 round fractional marks up to the nearest whole mark.
Furthermore, a negative marking of 0.25 points is applied for each incorrect answer in Papers 3 and 4.
Follow thses steps to check results:
1. Go to the official ICAI website at icaiexam.icai.org.
2. Locate and click on the "CA Foundation 2023 Result for December session" link.
3. Enter your login credentials in the provided fields on the new window and click "Submit."
4. Your December 2023 ICAI CA Foundation result will be displayed on the screen.
5. Review your results and proceed to download them if needed.
After the CA Foundation Exam results are announced, successful candidates become eligible to register for the Inter exam. The institute provides a verification window for validating results. If candidates have any queries regarding answers or result copies, they can request result verification.
As per the CA Foundation Exam Passing Criteria, to pass the CA Foundation examination, candidates need to score a minimum of 40 percent in each paper. Furthermore, passing all four papers with a combined total of 50 marks is necessary to meet the qualification requirements.
The CA Foundation Result Scorecard will contain the following details:
Paper-1: Principles and Practice of Accounting
Paper-2: Business Laws and Business Correspondence and Reporting
Paper-3: Business Mathematics and Logical Reasoning & Statistics
Paper-4: Business Economics and Business and Commercial Knowledge
If a candidate fails the CA Foundation exam, they have the opportunity to retake the test according to ICAI's guidelines. If unsuccessful again, they can attempt the foundation exam in the following session, with the next session scheduled for May – June 2024. Furthermore, CA registration remains valid for three years from the date of registration.