The Institute of Chartered Accountants of India (ICAI) has released the results for the CA Foundation exam held in June 2024. Out of 91,900 candidates who appeared for the examination, only 13,749 have successfully passed, resulting in a pass percentage of 14.96%.
As per edexLive reports, the results reveal a slight gender-based difference in pass rates. Male candidates achieved a pass rate of 15.66%, while female candidates recorded a pass rate of 14.14%. These results are now available on the official ICAI website, icai.nic.in. Candidates can check their scores by entering their registration and roll numbers on the portal.
To qualify for the CA Foundation exam, candidates were required to obtain a minimum of 40 marks in each subject and an overall aggregate of 50%. This threshold reflects the exam's rigorous standards and the level of competency expected from prospective chartered accountants.
The ICAI has congratulated the successful candidates, recognizing their achievement in clearing one of the most challenging entry-level examinations for the CA profession. The institute has also encouraged those who did not pass to continue their preparation and strive for better results in future attempts. The CA Foundation exam is a crucial step in the journey to becoming a chartered accountant, and passing it is essential for advancing to the following stages of the CA program.
The examination process and its outcomes highlight the importance of thorough preparation and dedication in achieving success. The ICAI’s results underscore the competitive nature of the CA Foundation exam, which serves as a gateway to the subsequent levels of professional certification.
As the results are now available, students who fail are advised to analyze their performance and seek additional support or resources to improve their preparation for the next attempt. The ICAI remains committed to maintaining high standards and ensuring the integrity of the examination process, which is vital for upholding the credibility of the CA profession.