To Clear Chartered
Accountant (CA) Exams- Some Useful Tips
Become a member of one of the most respected chartered accountant
fraternity is the dream of each student appearing for the exam. Chartered
Accountancy Exam is organized by the Institute of Chartered Accountants of
India and is held in May and November every year. The duration of the chartered accountancy
course is 4.5 years after clearing the 12th exam and 3 years after clearing
graduation in any stream. The duration of this course increases with the number
of attempts.
An exam with an average of 8-10% as passing percentage is clearly the tough
course for students to pass. Hard and persistent studies have no alternatives
and along with studies, if students can practice following tips than it will
enhance the possibility of clearing his/her exams. These tips are other than
normal examination tips like start early, sleep well, draw realistic timetable
etc.
1) Increase
writing speed: You know the exact answer to question asked in the examination
but knowing the answer will not convert into “marks” till you write on answer
sheet. So, the practice to increase writing speed is extremely important during
preparation of exams.
Immediately buy
rough paper notebook and try to write at least one page every day while copying
the contents from study material. You will notice that It took 15-20 minutes to
write a single page and with this speed in an examination time of 3 hours you
can write max 9-10 pages. Practice enough to write 6-7 pages in an hour with a
writing speed of at least 1 page every 10 minutes.
2) Practice
Formats: Every minute saved in the examination can be used by the student for
other critical stuff like re-reading all the attempted answers, to give more thoughts
to technical questions etc. In case of paper like accountancy, practice the
exact format of Revenue account, Profit and loss account, Balance Sheet and
practice to mention other small things like Rs in thousands/Lakh, reference of
note number etc. To draw right format is non-technical but important step for
scoring additional point in exams. Continuous practice of formats while solving
accounting, costing, tax questions can easily save time during exams and also
add additional marks.
3) Identify
your strength and weakness: Student need atleast 40% mark in each paper and 50%
mark in aggregate to clear any group of CA intermediate/Final exam. Identify
your strong and weak subject and study with focused target to score atleast
40% marks in weak subject and 60% plus marks in strong subjects to achieve
aggregate target of 50% marks.
4) Do
focused Studies: Many students buy multiple text book authored by various
author to practice subjects like accountancy, costing, tax etc. Please note everyone
has limited time for preparation of exams and any group cannot be cleared by
mastering in a particular subject. You have to attempt all the papers and has
to study every subject in a limited span of time. Do focused study and spend
more time to clear the “concepts” of the subject.
5) Revision
before exams: Student generally gets a day off before next exam for any revision.
While preparing for exams make small notes, rephrase key points on the right hand
side of study material etc which will help you to revise the subject in short
span of available time and also boost the confidence level.
6) Tutor
another student: This tip is for student who had already appeared the same
group/exam in earlier attempts. It is really boring to study the same subject
which was already tried multiple times. By tutoring another student not only
earns money but will also increases the clarity, gives different prospective of
same problem while solving the queries of your student.
There is no alternative to hard
work and with some different steps/efforts you can easily achieve your goals. I
like to conclude this article with few lines on “efforts”. Albert
Einstein is widely
credited with saying, "The definition of insanity is doing the same thing over and over again but expecting
different results." Success
is not directly proportional to effort; Success is absolutely about what you
focused on and how effective you use your time to achieve your goals.
Nalin Bhandari Chartered Accountant Cell:+919930018666
