Chartered Accountancy Course, as we all know, is a professional course offered by The Institute of
Chartered Accountants of India. This course contains both practical and theoretical base knowledge. There are three stages in the Chartered Accountancy Course - CA CPT, CA IPCC and CA Final. Scroll down to see some tips and tricks that will help you crack these exams with ease!
CPT exam is the Erst step in the whole process. One needs to keep their head down and keep studying. Following tips and tricks below (shared by experts and previous toppers) will deEnitely help in tackling the CPT!
Chartered Accountants of India. This course contains both practical and theoretical base knowledge. There are three stages in the Chartered Accountancy Course - CA CPT, CA IPCC and CA Final. Scroll down to see some tips and tricks that will help you crack these exams with ease!
CPT exam is the Erst step in the whole process. One needs to keep their head down and keep studying. Following tips and tricks below (shared by experts and previous toppers) will deEnitely help in tackling the CPT!
- Thoroughly understand the syllabus
- Solve sample papers provided by the ICAI
- Refer to your 11th and 12th class textbooks for accounts
- Do not skip theory portion in accounts and mathematics.
- Practice the accounting problems well
- Specially focus on Mercantile Law - write down the laws point-wise
- Solve previous 3 years exam papers
- Look up for powerpoint presentations on the internet
- Watch videos by experts in the Eeld talk about how to crack CPT exams
Points to keep in mind during the exam:-
- Begin with the law paper Erst since it takes most time in the exam
- There is negative marking so only attempt those questions that you are conEdent about
- Read the question carefully and focus on words like Onone of theseP and Oall of aboveP
- Attempt the easy questions Erst
- Allot time at the end to check for errors
IPCC is the second stage of the course and the exam consists of two groups. Follow the below mentioned
tips and tricks wholeheartedly and see how easy it is to crack CA IPCC exam.
- Create a study schedule and ensure that you follow it thoroughly
- Read through the theory part of the subjects early in the day. Since your mind is fresh, you will be able to grasp the content faster.
- Dedicate 15 to 16 hours of your day during leave period (from articleship/college/coaching) towards studies .
- Buy a set of solved IPCC scanners and go through them.
- Take a number of short breaks while you are studying. Do not strain your mind too much.
- Go through the Practice Manual. Recent CA IPCC toppers have recommended students to go through the practice manuals for scoring top marks.
- Make it a practice to revise subjects daily. Since the portions are vast, daily revisions will help you remember what you've learnt.
Subject related tips:-
- Section and its provision, in law papers, should be noted down correctly.
- Under taxation, go through Amendments made in Finance Act 2015.
- Read every concept in income tax paper and allocate time accordingly.
- Try and complete one Accounting Standard everyday. Do not try and learn them all in one day.
- Read the theory portion in Auditing well. Recently, the Institute had been putting much focus on the theory aspects.
- Capital budgeting and cost of capital are important chapters in Financial Management. CA F
CA Final exam, the last exam in the course, consists of 8 subjects which are divided into 2 groups. Read
below to see some of the best tips that will help in passing this exam with a smile on one's face.
- Set up a schedule for studying such that you have enough time to study for each of the exams.
- Study groups are a good idea. Each member can be assigned to conduct tests on each portion.
- Start your studies as early as possible. Last minute studies will not sufEce.
- Solve all problems in practice manual.
- Prepare by way of 'notes' which will allow you to easily recall at the time of the exam Sub
Subject related tips:-
- Revise the concepts in Strategic Financial Management well.
- Concentrate on Accounting Standards.
- Be well versed with the provisions in direct and indirect taxes.
- Practical sums, especially in indirect taxes, are very scoring.
- Revise Information Systems Control and Audit on a regular basis Lear
Learn to manage your time well. Hard work and dedication are essence. Remember one thing, clearing CA
at one go should be your ultimate aim and for that you should start working from now.
The above tips and tricks should help you in clearing the level of CA exam you are preparing for.
Meanwhile, another very important aspect of the CA course is the compulsory practical training -
Articleship. Let's
3 comments
Hi I am Sumit. I am a fresher. Your blog is very helpful. I have been preparing for a year now. I even joined a CA Coaching in Delhi. I have this problem that in the last moment
i cannot go through the whole syllabus. I talked to some of my teachers and friends. They told me to make short notes. But, I always end up creating a huge pile of pages. Suggest how to make short notes?
Thanks for sharing awesome tips and trikes with us, it will really helpful for us.
CA Classes in Delhi
These tips and tricks are very useful for clearing the exams as all the last important tips will keep in mind till the last time but for clearing any ICAI mock test revision is necessary to brush up the important things which will going to help a lot in future for passing the exams.
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