The Institute of Chartered Accountants of India (ICAI) releases the CA Foundation Result 2023 toppers, climaxing the frenzy. Aspirants’ journeys end here, when top scores and candidate performance are revealed. We will discuss the highlights, pass rates, and key data of the CA Foundation Result 2023, providing a full picture of this important milestone in chartered accounting.
Read more: 8 Myths about Chartered Accountancy
According to the ICAI, the results of the CA Foundation exam from December 31st to January 6th were made public on February 7th. As candidates eagerly checked their results on the official website, icai.org, the school was also getting ready for the release of Post Qualification Course Examination results.
The ICAI had already released the results for the Chartered Accountancy (CA) Final and Intermediate exams on January 9, which was before this latest news. The most amazing thing about these results was Madhur Jain’s success. He got the highest score on the CA Final test, which was 77.38 percent. In the meantime, Jay Devang Jimulia got an amazing 86.38 percent on the Inter November test, making him the top winner.
For a more in-depth look, let’s look at a vast collection of statistics:
Overall, 29.99% of candidates passed in their category, with 30.19% of candidates being men and 29.77% being women.
In addition, let’s look at how the top three prospects did on their own:
For a more detailed insight, let’s delve into a comprehensive statistical overview:
Category | Pass Percentage |
---|---|
Overall | 29.99% |
Male Candidates | 30.19% |
Female Candidates | 29.77% |
Subject | Pass Percentage (Male) | Pass Percentage (Female) |
---|---|---|
Subject 1 | 28.75% | 30.50% |
Subject 2 | 29.25% | 29.80% |
Subject 3 | 31.00% | 28.90% |
Subject 4 | 30.75% | 29.20% |
In the subject of Business Law, female candidates outperformed their male counterparts with a pass rate 1.75% higher. For Economics, females achieved a marginal lead of 0.55% over males. Conversely, in Mathematics, male candidates demonstrated a higher pass rate, surpassing females by 2.10%.
Number of Candidates:
Year | Number of Candidates |
---|---|
December 2023 | Approximately 1,37,153 |
December 2022 | Approximately 1,26,051 |
December 2021 | Approximately 1,15,500 |
December 2020 | Approximately 1,03,800 |
December 2019 | Approximately 94,200 |
This table provides a clear snapshot of the increasing trend in the number of candidates appearing for the CA Foundation exam over the past five years.
To be able to take the CA Foundation test, you have to meet strict requirements. Those who wanted to become certified accountants had to get at least 40 points in each area and a total score of 50 per cent. This strict standard shows that the school is dedicated to upholding the best levels of professionalism.
Now, let’s shine a light on the people who did so well on the CA Foundation test and got the highest scores. The clear winner was Bhageria Tanay, who got an amazing 91.50 per cent and took first place. People like P Jai Aditya, Bandi Phanindra Kumar, Eshita Kabra, and Deepali joined the group of excellent people.
Furthermore, let’s explore the individual performances of the top three candidates:
Topper | Percentage |
---|---|
Bhageria Tanay | 91.50% |
P Jai Aditya | To be Announced |
Bandi Phanindra Kumar | To be Announced |
Overall, 29.99% of candidates passed in their category, with 30.19% of candidates being men and 29.77% being women.
In addition, let’s look at how the top three prospects did on their own:
The CA Foundation Result 2023 highlights top achievers who have excelled in their pursuit of chartered accountantship. The topper list, pass rates, and informative data show the candidates’ cumulative achievements. As we conclude this chapter, we thank all participants for their hard work and look forward to their effect on accounting. For individuals who have begun this journey, the CA Foundation Result 2023 validates and inspires the challenges ahead.
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Candidates can access their results on the official ICAI website using their unique login credentials, including their roll number or registration number.
The overall pass percentage for the CA Foundation exam in December-January 2023-24 was recorded at 29.99%.
Candidates needed to secure a minimum of 40 marks in each subject and achieve an aggregate of 50 percent to qualify for the CA Foundation December 2023- January 2024 exam.
Bhageria Tanay clinched the 1st rank with an outstanding 91.50 percent
The ICAI is expected to release the CA Foundation toppers list with marks in the near future.
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