CA stands for chartered accountant and it is conducted by the Institute of chartered accountant of India. Every year Lakhs of students appear to clear the ca examination but only a few hundred crack it. This makes it one of the toughest examinations in the world.
More than that, this exam also takes long years to crack all the phases. But at the same time, it is very easy when you follow proper guidelines and knowledge paths. Since the starting of the examination, lakhs of students have already cracked this examination in their 1st attempt. Here we are providing some tips for cracking it on 1st attempt.
- Choose the mode of study carefully: – There are thousands of coaching institutes that provide a class of ca examination. But do not jump it all of a sudden. Take some time before deciding on proper coaching institutes. However, we suggest you go for a pen drive or online classes. These two modes of studying give more freedom and flexibility. Here students can study anytime and anywhere. Websites like Edugyan offer quality pen drive classes for all levels of CA examination. Just create an ID and log in through it.
Choose your teacher and their pen drive classes and buy it. Within a week, Edugyan will deliver your pen driving contain all the purchased items along with how to use them manually at your doorstep. You just need to plug the pen drive and your study start. Even you can study from remote locations too.
- Focus on CPT: – CPT is like a backbone or base of CA examination. If you too are willing to crack CA in the first attempt then seriously focus on CPT. Good marks in CPT set targets for IPCC. A good score in CPT also improves the morale and confidence of students and chances of qualification at first attempt increases many folds.
- Educate yourself with the proper pattern: – It is worthless to study when you do not have any idea about the pattern. Before starting the preparation devout sometimes on understanding the pattern. Download the syllabus of the examination from the official websites of ICAI and read it carefully. Alternatively, you may buy previous year’s paper from online stores like Edugyan to have in-depth knowledge about examination patterns. Understanding syllabus and pattern means your preparation is complete by more than 10 percent.
4. Be away from negativity: – Positive and negative are two sides of the same coin. Positive people always talk about the positive sides of the examination and negative people always talk about negativity. As a student who is going first time for the CA examination, discussing the syllabus or CA examination with negative people hampers the cracking probability.
5. Divide your long goals into different sections: – Divide the examination into 3 sections, A, B, and C. This division is all up to you. But here are some tips on how to divide it. The first section, take covers very important chapters that cover more and more questions in the examination. In section B, covers the opportunities area. Here you may include hard chapters where you feel uncomfortable in scoring more. In the third section, keep all the other chapters. Give more focus on A to maintain the momentum and at the same time devout some time for B to change this opportunity section into strength.
6. Follow proper planning: – Setting up daily, weekly, monthly goals is important. Plan your study based on goals. And try to achieve your goals without any fail. Before studying a new chapter, revise the already studied chapter. Do not much time to revise. Just have a look and recall all the main points. The revision also helps in understanding the new chapter with much ease.
7. Do not ignore your health: – Study is important but health is too. Do not take too much stress because hard work may lead to bad health and illness. Not feeling well is the worst enemy of any student. Plan your daily so well that you have enough time to do some work out of any sorts like running, cycling, walking, gyming, yoga, swimming, etc.
Day Wise Strategy For Clearnig the CA Exam
- Firstly at least have a six-month time to prepare for this examination. You cannot just decide the day before the examination to appear and pass the examination. So as you have spared six months separately only for the CA examination. Now you need some planning to read all the topics and at the same time revise them all.
- Start slowly is the golden rule of CA examination. As you have just started read in-depth and take much time in understanding every topic in detail. Learn all the subjects with full attention and dedication. One important point, you need to care about is the non-skipping of any topics. While studying, sometimes a student feels unenclosed to read hard but important topics. This is a very dangerous habit. Never miss any topics while learning. Maybe in starting, you feel any chapter hard but slowly you will get involved in that, and later on, you will love reading that chapter too.
- So now you have six months, which means 180 days to prepare for the examination. In short, you have 180 days to complete 8 subjects. Roughly speaking, when we divide the number of days with no. of subjects, it turns out to be 22 days approximately. But do not take 22 days to complete a subject. Just take 15 days for an in-depth study of a particular subject. In that way, within 120 days you will be able to complete your entire syllabus.
- 15 Days could be more or less depending upon which subject you are studying. This is not a fixed rule. You may take leniency for 5 days more or less, but make sure that you complete all subjects in 4 months.
5. In the four months’ time, devout 8 to 12 hours for study. 8 hours is the minimum threshold and you may decide on the maximum hours of studying depending upon your factor. At the same time, do not take the stress and keep yourself healthy mentally and physically. Do not study late at night. Proper
sleep is also important. Take a minimum of 6 hours of sleep for better dedication and focus on study. Additionally include some creative work like singing, dancing, drawing, painting, in your daily routine too. It helps in relieving stress and anxiety related to study.
- So now you continued your study for 4 months and completed 1 round of study. We are assuming that now you have a good knowledge base of all the subjects. Now we are shifting towards the 2nd round of study.
- You have 60 days for revision of 8 subjects. Now revise each subject spare 5 days. Follow the same routine of study 8 to 12 hours. In this phase, you should also devout one or two hours in understanding previous years’ trends of CA examination. You may spare some time to discuss the examination with some positive-minded people like teachers, previous toppers, family and friends. It helps you in managing the stress. You may discuss with people who could not pass the examination too. But do not discuss with negative ones. Failure people guide students to not make mistakes.
8. So within 40 days, you have revised all the subjects. Now you have spent 160 days and you still have 20 days to prepare. Now divide this time into two-part of 8 days each, devout this time in making strategy. Focus on subjects like Financial Reporting, Auditing, Corporate and allied law, etc. In second phase focus on, ISCA, Direct tax, Indirect tax and etc
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Conclusions: – You can do it and you must do it. Believe in these lines. Nothing is impossible in this world. Just follow the mentioned tips and keep working hard to crack the CA examination on the first attempt.