CA Foundation

Prepare Strategy For CA Foundation June 2023

Students who sign up for the CA Foundation course have four months to study for the tests. To learn exactly how to prepare for the CA Foundation in a four-month study time, attentively read this article. While smart work is equally as necessary as hard labour, both are always important. To pass the Foundation level on your first try, heed the 10 wise bits of advice provided in this article.

Every student studying commerce aspires to become a chartered accountant because it is the most difficult course in India. Even though thousands of students register each year, India only has 2,80,000 chartered accountants. The ICAI (Institute of Chartered Accountants of India) is the only recognized organization that is in charge of and authorized to hold the CA examinations.

Students who plan to sit for the CA Foundation examinations in 2023 should review the new curriculum that ICAI has suggested. Check out the comprehensive blog for all the information about the ICAI CA new scheme 2023.

How to Prepare For CA Foundation Exam

First-time candidates for the CA Foundation test lack knowledge of preparation. Here, we are offering you professional guidance that will enable you to perform well on the CA Foundation. Check out the study advice to pass the CA Foundation exams on your first try.

1. Prepare a Time-Table

Making a schedule for your study is the first thing you should do. Students who believe creating a schedule is pointless made a mistake. Make a strategy rather than waste time every day debating what to learn or where to begin. Pick up your study guide, look over the CA Foundation exam schedule, and allot time for each subject and each chapter following the remaining exam days. This can help you analyze your performance in addition to organizing your study correctly.

2. Join the proper coaching

The success or failure of a student is significantly influenced by their teachers. With only passing marks, many students pass this exam without any coaching. However, let me caution you that having a firm grasp of the principles is crucial from the very beginning because becoming a chartered accountant is a long road where you will be referred to as an expert. Additionally, receiving good CA Foundation instruction aids in your quest for conceptual clarity.

3. Focus on Statistics and Logical Reasoning

Because CA Foundation Math’s does not seem to be a high-scoring topic for non-Math’s students, non-Math’s commerce students are encouraged to concentrate on Statistics and Logical Reasoning. Twenty of the total marks are for logical thinking, with the remaining marks being equally split between math’s and statistics. In light of this, Non-Math’s should concentrate mostly on Statistics and Logical Reasoning.

4. Prepare Your Own Revision Notes

The greatest source notes to review for the exam are your own handwritten notes because the course is so extensive and nearly impossible to review in a single day. Therefore, always write down brief notes for yourself throughout class. These notes will come in very handy when it comes time to take the exam.

5. Command Over Calculator

Calculators are allowed in the CA exams because the ICAI does not want its students to perform manual labour. Since papers are almost always long, mastering the calculator has become crucial. Learn the short keys, such as G, M+, and M-. You’ll gain valuable exam time by doing this.

6. Take Short Breaks

Do not study nonstop for the entire day if you want to learn something. Every two to three hours, take quick breaks of 10-15 minutes to recharge your brain. Because morning is thought to be the optimum time to finish theory assignments, start your day with theory classes before moving on to practical ones. Finish your day by reviewing what you accomplished.

7. Minimum Three Times Revision

The course is extensive, and before the tests you should review it at least three times. Plan your revision effectively by going over every topic in your first revision and marking any questions that are the same so that you don’t waste time answering the same ones twice. Try to answer one question from each kind at the second revision and note any that you feel are difficult, crucial, or require one more revision. Read the concepts throughout your final and third revisions, and only complete the questions you believe require one more review.

8. Practice with CA Foundation Question Papers and Mock Test Papers

Model test questions and CA Foundation practice exams have been really beneficial in helping you pass your exam. You learned how to organise your time and accurately analyse the questions from them. Of course, once you’ve finished the course, it’s best to solve the CA Foundation practise exam questions. However, it has frequently been seen that pupils are unable to complete the assignments because of a shortage of time. Therefore, it is advised to complete the MTPs and previous year’s question papers at the end of each chapter and once the course is over. 

9. Focus on Presentation

The subjective paper pattern will require the students to concentrate on their presentations. Don’t take it lightly because they aren’t your final examinations for school. Presentation is very important in professional tests, notably the CA tests. The syllabus includes four papers, two of which are objective and two of which are subjective. Start writing out the questions for practice, then compare them to the solutions that have been supplied by your mentors.

10. Revision in the last month

The subjective paper pattern will require the students to concentrate on their presentations. Don’t take it lightly because they aren’t your final examinations for school. Presentation is very important in professional tests, notably the CA tests. The syllabus includes four papers, two of which are objective and two of which are subjective. Start writing out the questions for practice, then compare them to the solutions that have been supplied by your mentors.