Chartered Accountant

ICAI CA Foundation Results 2023 Date and Time Announced

CA Foundation Results 2023
Written by kisalay

The CA Foundation Results 2023 were released by the Institute of Chartered Accountants of India (ICAI) on August 7, 2023. On August 8, 2023, the institute started the opportunity for revaluation and verification of the CA Foundation Results 2023. While the online window for CA Foundation Result certified copies/inspection will be open through September 5, 2023, candidates may apply for CA Foundation Result 2023 verification until September 6, 2023. The official test portal, icai.nic.in, has the ICAI CA Foundation Result 2023 available online. 

By login into the ICAI official site with their registration number and password, candidates who took the CA Foundation test in June 2023 can download the CA Foundation Results 2023 for the June 2023 session. The candidate’s grades in each topic, together with their overall grade and placement, will be mentioned in the results. The institute will also release the pass percentage and list of CA Foundation Course top achievers in addition to the results. Below, CA Foundation students can follow all developments regarding the June CA Foundation Results 2023, the top scorers, and the pass rate.

The ICAI institute hosted the CA Foundation exam in pen and paper style from June 24 to June 30, 2023. More than 290 exam centres around the nation hosted the exams. The institute just revealed the date and time for the CA Foundation results in 2023. The application for the June 2023 CA Foundation exam is now closed.

ICAI CA Foundation Result 2023 Release date and time

It was speculated that either on the night of August 7, 2023, at 9 p.m., or the next day on August 8, 2023, the results will be announced by 10:00 PM. However, it is now clear that the results were announced on the first speculated date of 7 August at 9:00 PM. 

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CA Foundation Results 2023
CA Foundation Results 2023
CA Foundation Results 2023

What were the ICAI CA Foundation Exams Held in 2023?

The 24, 26, 28, and 30 of June 2023 held the administration of the ICAI CA Foundation Exam 2023. There were four subjects total in the exam. Prior to that, on July 6, 2023, the ICAI released the CA Intermediate and Final May Results.

ICAI CA Foundation Results 2023 for June released

The institute has released the CA Foundation Results 2023. Candidates can obtain the results using their registration number and roll number. The scorecard can be downloaded via the official website of ICAI.

Important dates for CA Foundation 2023 Result 

ParticularsDates
CA Foundation exam dateJune 24-30, 2023
CA Foundation result date June 2023August 7, 2023
Verification of answer booksAugust 8, 2023 to September 6, 2023
Submit an application for assessment or certified copies of answer booksAugust 8, 2023 to September 5, 2023

How Can I Download CA Foundation Results 2023?

Following the instructions listed here, applicants can get their scores and results for each subject of the ICAI CA Foundation June 2023 exam.

  1. Visit the ICAI CA exam results website at icaiexam.icai.org/icai.nic.in to get the foundation result for 2023.
  2. To get the CA Foundation Results 2023, click on the “Check Results”.
  3. Candidates must log in using their roll number, PIN number, or application number on a new page that will be opened after clicking the link.
  4. Select “Check Result” from the menu.
  5. On the screen will be the ICAI CA Foundation June 2023 results.
  6. Take a printout of the result after downloading it for later use.

Information mentioned on the CA Foundation Results 2023 Scorecard 

The following are details from the ICAI scorecard for 2023:

  • Name of candidate
  • Roll number
  • Paper number
  • Name of the subject
  • Marks obtained
  • Result status (of each subject)

Read Also- Achieving an All India Rank (AIR) in CA Exams

ICAI CA Foundation Result 2023 through SMS

Send the following SMS to receive the ICAI CA results, including paper scores for the CA courses, on your mobile device:

CA Course ICAI CA results via SMS 
For the CA Common Proficiency Test Type CACPT (Space) Roll Number and send SMS to 57575
For the Foundation CourseType CAFND (space) Roll Number and send SMS to 57575
For the previous year’s syllabus of the Intermediate ExaminationType CAIPCOLD (space) Roll Number and send SMS to 57575
For the new syllabus of the Intermediate ExaminationType CAIPCNEW (space) Roll Number and send SMS to 57575
For the previous year’s syllabus of the Final Examination Type CAFNLOLD (space) Roll Number and send SMS to 57575
For the new syllabus of the Final Examination Type CAFNLNEW (space) Roll Number and send SMS to 57575

How is the Result for CA Foundation 2023 Calculated?

Candidates must achieve a minimum of 40% in each topic and a minimum of 50% overall in all four courses in one attempt in order to qualify ICAI CA Foundation Results 2023. According to the ICAI CA Foundation test design, each wrong answer results in a deduction of one-fourth of the marks given to that specific question. The institute will also publish the CA Foundation 2023 merit list and the list of the top 50 rank holders for the June session after the results are revealed.

Passing scores by subject for CA Foundation Results 2023

PapersPassing marksAggregate percentage
Paper-1: Principles and Practice of Accounting40/100  50%

Paper-2: Business Laws and Business Correspondence and Reporting40/100
Paper-3: Business Mathematics and Logical Reasoning & Statistics40/100
Paper-4: Business Economics and Business and Commercial Knowledge40/100

CA Foundation Pass Percentage 2023

ParticularsNo. of candidates appearedNo. of candidates passedPass percentage
Male555731444825.99
Female479441141223.8
Total1035172586024.98

How to apply for Marks verification after the CA Foundation Result 2023?

The ICAI Foundation result 2023 has been announced, and the institute has started the marks verification procedure for the exams scheduled for June 2023. Candidates can apply for mark verification by following the instructions below.

  • Candidates should include a demand draft and a handwritten request that is signed by them.
  • The verification of ICAI CA marks may take up to six or eight weeks.
  • The authorities will return the money paid for the verification if the candidate’s marks alter in any way.
  • The final results of the applicants for verification will be made available on the ICAI’s official website.

Candidates may also mail their physical applications and a cost of Rs. 100 to the following address by speed post or registered mail in order to have their CA Foundation test results verified:

The Joint Secretary (Exams)

The Institute of Chartered Accountants of India

ICAI Bhawan

Indraprastha Marg

New Delhi 110 002

What path should I take after CA Foundation Result 2023?

Students may register for the CA Intermediate test after passing the CA Foundation exam in 2023. Candidates are free to choose whether they want to appear for one group or both groups and how much time they need to prepare for the CA Inter-test. Therefore, they should enroll in the subsequent level and begin preparing. Candidates can apply for the CA Foundation December 2023 session if their results from the CA Foundation June 2023 session do not qualify them. Candidates will also have the choice to request the verification of their CA Foundation June 2023 exam answer copies. A few days after the results are announced, the online application window for CA Foundation Result 2023 verification will go live.

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