Hello guys, How are you? You will be future CAs! The Chartered Accountant has a very high-class profile in society today. In this article, we are going to find the answer to a very famous question that roams in every student's mind.
How do I prepare? Which is the best CA online coaching? These types of questions are always wretched students' minds, but no worries, we have the antidote to crack the exam. To release your internal fear, you can talk to any eligible person. How to prepare for the CA Foundation depends on your smart study plan, motivation, and practice. You will self-motivate yourself, and keep away from negative thoughts and negative people.
To clear all the levels of CA, that is, CA Intermediate, Final, and CPT, by God's grace and hard work, I cleared it in the first session. So, let's start this. How clear is the CA foundation? You do have to work hard on yourself and increase your skills.
Today we talk about the tips and tricks for CA exams for you. So, I need your attention and stay till the end. This article will give you goosebumps. First of all, there are 4 subjects. First of all,
Accountant (100 numbers)
Business law (100 numbers)
Business Economics (100 numbers)
Math (100 numbers)
All of them will come in 100 numbers, and the total is 400. Now you have to get at least 200 out of these 400. This means you have to get 200 out of 400, provided that you are getting 40-40 in every subject.
This is also followed in the intermediate and the CA final. Now the main bridge is that in your subjective papers like business law, sometimes questions come from all around the syllabus, for this aggregate gets spoiled.
So always try to score 60+ in every subject, and you have to score an exemption so that there will be no problem in my aggregate. Primarily, we will talk about which paper is subjective and which is MCQ.
Let me explain to you, some time ago during MCQs, four options were given, If you got the correct answer, then you passed. This time, two subjective papers—Accountancy and Law—have been submitted.
MCQ papers have been submitted, Economics and Math. First of all, don't think about math. And 50-60% of the CA's don't have math. And for the first time, they easily cleared math. Basic level math, which you have studied until 10th & 12th grade, is the only subject that is asked. So you easily crack these topics.
Always, remember that all students must have solved the previous year's papers and RTP at least 3 to 4 times during the preparation for the CA foundation exam. This is the most important thing if you want to win the CA foundation exam on your first attempt and if you want to easily clear all the levels, (i.e., CA foundation, CA intermediate, and CA final). For all the subjects in CA, you must revise the past papers and current CA syllabus at least 3-4 times. All the students who passed for the first time used this study strategy.
Once you have to look, at the question paper that is going to come in your attempt, 70-80% of it will come up from the previous exam paper. Yes, there is an amendment, and the numbers will change. After changing a few points, the chances of getting the same question in your paper are 80-90%. So, first of all, again, keep in mind that past papers have been done 3-4 times. In the ICAI study material that you get, you have to solve it at least three to four times.
You have talked to your seniors who have recently cracked the great wall of the CA exam. What were their strategy, study materials, notes, and practice sets? This can motivate you during your preparations. Also, you can discuss which coaching is best for preparation for the CA Foundation exam in 2024. ICAI provides materials, but you have to join CA online coaching for better preparation. You can’t miss anything and can’t take a chance during the study.
Also, you should carefully, solve the previous year's paper & RTP 3-4 times, and if you want to crack the CA Foundation exam, at 1st time. It will boost your energy to jump to the next level, CA Intermediate, and CA Final. See, it's difficult, and people say CA is India’s toughest exam, It is tough but not impossible if you are dedicated to achieving your goals.
But if you don't follow this strategy, then you will face a lot of problems. So, first of all, you have to make a perfect study plan and regularly work on it. As you sleep, take your meal every day. Note that you must have revised past papers and RTP 3-4 times.
Revision of the study material is required 3-4 times. In the beginning, we remind you to do it three to four times to make sure you understand.
For a better understanding of subjects, you have to maintain conceptual clarity. After all, when you sit in the examination, you will realize that it is happy to solve your paper.
Now, if I talk about the subject, first comes accounting. Now, the ICAI is going to ask you questions based on the basic ideas you learned about accounting in 11th and 12th grade. Conceptual clarity is very important in the 11th and 12th-grade syllabuses. If your concept is not clear, then you should join the CA online coaching program. Experts will help you clear your concepts in a shorter amount of time. So, work on your basic concepts in every subject. CA Virtual Hub’s experienced faculty helps to clarify any doubts. Consequently, the CA Foundation will incorporate the same accounting curriculum, as 80% of accounting is taught in 11th and 12th-grade classes.
Second, there is the business law. This is going to be a little new for you. Because your legal terms are going to be used in this, this is going to be something that has not been done before. Here are 3 to 4 new acts that are going to come, like the Contract Act, the Sale of Goods Act, and the Partnership Act.
You will feel as though these are unfamiliar. However, as you expand your knowledge of CA, you will perceive it as effortless. Sure, there will be some initial hiccups, but that is just how things will appear.
Such as, What is a contract? What is an agreement? Which contract is denied, which is not illegal, and which is illegal? You are going to face all these types of terms. However, the challenge is mild. You will get a good command of that if you keep practicing. But keep in mind that this is a theoretical subject.
The third is ‘Mathematics’. As we discussed above, you don't have to be afraid of math. It will be solved easily if you practice your tricks. See, the first thing is that it is MCQ-based. If it is MCQ-based, then there is one way to clear MCQ: you read the question, and out of the four options, you got the correct answer on the calculator. You have to look at the options and start eliminating them. And in the math paper, you will have to have a good command of the calculator. For the command in the calculator, you have to practice.
But it's going to be fun. Because of this, you will know how the time value of money works. How you can make crores through SIP. How your money is used as compounding power. How does the compounding power work?
And fourth, the same formula of economics that you read in 11th and 12th—60–70%—is going to come. There is nothing to worry about. All the past papers have to be done. MCQs are going to come. So, you have to see the facts. There are a lot of updates on this. There are a lot of current affairs. So, you will have to make updates on current affairs. Is the India GDP growth going on in the bank? Are the rates going on? Regarding RBI's modifications, which ones are they?
If we take an example, such as What is the population? And different things are going to be asked of you according to geography. So, there is nothing to worry about in this. One subject that can give you a lot of trouble, is business law. Pay attention to that. And don't let your business law trouble your aggregate. So, first of all, make good use of business law. But okay, the CA Foundation exam is a little easy. You can do it well. To be confident and towards CA Intermediate, then towards CA articleship duration 2024, and then towards CA Final Ultimate Goal.
We discussed vitamins for How to Crack the CA Foundation in June 2024 after class 12th. If you have any questions or doubts, simply visit our free student helpline numbers and share your doubts without any hesitation, we are happy to help you. All these strategies are going to help you complete your CA foundation courses.
If you face any problems regarding subjects or personal matters, you should discuss them with your mentor, teacher, and guides. You should join online communities and forums for new updates. It will help you increase your knowledge and learn about any doubts you have.
Fix your goal, work on it dedicatedly, and achieve it.
"Speak 5 Lines to Yourself Every Morning
#I AM THE BEST
#I CAN DO IT
#I AM A WINNER
#TODAY IS MY DAY
#GOD IS ALWAYS WITH ME" - By the pen of APJ Abdul Kalam
