Cost Accounting Foundation Exam Pattern 2021

# Mar 31, 2021 by Harshita Nandal

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Cost Accounting Foundation Exam Pattern 2021: The Cost Accounting Foundation Exam Pattern 2021 is important to read for every student who wishes to appear for it.

The Cost Accounting Foundation Exam Pattern 2021 gives a clear idea to the student about the type of questions, exam duration exam language and various other important details about the examination.

The Cost Accounting Foundation Exam Pattern 2021 also helps in the planning of preparation for the examination and successfully clearing the same.

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Cost Accounting Foundation Exam Pattern 2021 are as follows:

Particulars

Details

Mode of Examination

Computer Based Test (from home)

Exam Duration

2 hours (for Paper 1 & Paper 2)

2 hours (for Paper 3 & Paper 4)

Papers

Paper 1: Fundamentals of Economics & Management

Paper 2: Fundamentals of Accounting

Paper 3: Fundamentals of Laws & Ethics

Paper 4: Fundamentals of Business Mathematics & Statistics

Type of Question

MCQ’s

Total No. of Questions

50 questions (for each paper)

Marking Scheme

+2 will be awarded for every wrong answer

Total Marks

100 marks (for each paper)

 

In Detail:

Paper 1: Fundamentals of Economics & Management

Fundamentals of Economics

50%

Fundamentals of Management

50%

 

Paper 2: Fundamentals of Accounting

Fundamentals of Financial Accounting

80%

Fundamentals of Cost Accounting

20%

 

Paper 3: Fundamentals of Laws & Ethics

Fundamentals of Commercial Laws

80%

Fundamentals of Ethics

20%

 

Paper 4: Fundamentals of Business Mathematics & Statistics

Fundamentals of Business Mathematics

40%

Fundamentals of Business Statistics

60%

 

Cost Accounting Foundation Exam Eligibility Criteria 2021: The Cost Accounting Foundation Exam Eligibility Criteria 2021 is necessary for students to read before doing registration for the examination.

The Eligibility Criteria is important for any examination because even if a candidate does not fulfill a single criterion of the eligibility criteria declared for the examination then the candidate is not allowed to appear for the examination or even after appearing for the examination and clearing the same the admission through the examination stands cancelled or void.

 

The Cost Accounting Foundation Exam Eligibility Criteria 2021 in detail are as follows: 

  • Candidates will become eligible after clearing the 10th class for registration of Cost Accounting Foundation Exam.
  • After clearing the 12th class, candidate will become eligible to appear for Foundation Course Examination.
  • To appear in foundation course exam, candidate must have passed class 10+2 or its equivalent from any recognized Board/University.

Procedure:

  • A candidate seeking admission as a student should submit duly filled in Admission Form and Identity Card to the concerned Regional Council/Chapter/ Recognized Oral Coaching Centres (ROCCs)/ CMA Support Centres.
  • Student from foreign countries should submit the forms to the Headquarters only.
  • Copies of document giving the proof of qualification and age are also to be furnished.
  • Admission must be at least four months prior to the commencement of Examination.
  • A student will be issued an Identification Number which will be valid for three years along with the Identity Card.

 

Cost Accounting Foundation Exam Participating Colleges: The course of cost accountancy does not have a specific college or university and is governed by The Institute of Cost Accountants of India. A student can also pursue other graduate degree programmes along with completing this course in order to increase their chances of getting better job and career opportunities.

 

About Author

Harshita Nandal
Harshita Nandal

Harshita Nandal has worked as a Creative head in Mitrakshar, University of Delhi. She has done her Graduation from the University of Delhi in English Honours. In her free time, she prefers to play the guitar, take short walks in between work and loves to watch Korean dramas. Currently, she is an author at Educere India to fulfil the desire of her passion for writing.