After clearing their 12th examinations, the majority of commerce students choose to pursue a Chartered Accountancy course. CA is one of India's most well-known courses, with enticing packages that make it the top choice among students. Students who desire to take this course are often perplexed, apprehensive, and afraid of it. They are afraid of the idea that chartered accounting courses are extremely difficult to pass. To make your idea a reality, you'll need to put in a lot of effort, drive, and focus.
After completing the CA foundation exam application, you will begin your journey. If they take the appropriate approach, anyone can pass the CA foundation tests with flying colours. If you want to pass the CA foundation tests with 100% surety, you must adhere to the guidelines listed below. These suggestions will help you stay on track with your studies, resulting in good grades. The CA Foundation course will help you develop your finance and accounting skills.
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CA Foundation is made up of four subjects, each worth 100 points. The first two studies are subjective, whereas the latter two are objective. Students should focus on their presentation and writing skills before tackling the CA foundation question papers, as these two qualities play a vital part in passing the tests. The exams are held in the months of May/June and November/December by the ICAI. You should begin your preparation the day you complete out the CA foundation registration form.
For the CA foundation tests, you will have a four-month study period to prepare. In general, you have 120 days to complete the four-subject syllabus. Along with hard work, you'll need to plan a proper approach. We have compiled a subject-by-subject preparation plan for CA Foundation papers in this article, which is also followed by CA Foundation toppers.
SUBJECT-WISE CA FOUNDATION EXAM STRATEGY:
Paper 1: Principles and Practices of Accounting:
CA Foundation accounts are what they're called. This is a one-of-a-kind document with a total of 100 points. Commerce students are quite familiar with the subjects because they cover a large chunk of accounting in 11th and 12th grade. Accounting is one of the most popular disciplines among students because it allows them to earn full marks. You must practise this subject on a daily basis in order to achieve high grades. You may ace this subject by solving mock exam papers, past year question papers, and sample papers. This is a list of tried and true CA Foundation exam preparation tips and tactics provided by Mittal commerce courses' specialists.
Paper 2: Business Laws, and Business Correspondence and Reporting
Business law and Business Correspondence and Reporting are the two elements of this subjective paper.
Let's start with the business legal preparation strategy.
Students in the 12th grade are introduced to this subject for the first time. The major goal of include these elements in the CA foundation course is to help students comprehend the fundamentals of our country's general laws. If you want to work as a CA in India, you should start learning the laws from the ground up.
This is a theory subject with a weighted average of 60 points. You should practise your presentation skills while studying for this subject. Because this is a theory subject, it must be revised on a regular basis.
You should include some essential keywords when giving the answers to boost your chances of getting good grades.
Let's talk about the Business Correspondence and Reporting preparation strategy now.
"General English" is another name for this topic. The necessity for effective communication skills in the Chartered Accountancy course has lately increased, hence the ICAI added this subject to the updated syllabus. This course covers the fundamentals of English that you have learned in school.
This section carries a 40-point weighting. If you come from an English-speaking background, this can be the icing on the cake.
Paper 3: Business Mathematics, Logical Reasoning, Business Statistics
This paper is broken into three sections and is of the objective type.
1) Business Mathematics(40)
2) Logical Reasoning (20)
3) Business Statistics (40)
This is one of the most popular subjects among students because they can get a perfect grade on this assignment. Business mathematics is worth 40 points and covers the majority of the 11th and 12th grade math curriculum. Students who have taken math may find it simple because they are familiar with the ideas, whereas non-math students may find it difficult. This is an objective-type paper that should be practised on a daily basis. On the ICAI's official website, you can obtain the study materials. To boost your practise, you can solve one paper per day.
Logical Reasoning is the second section. This portion is only worth 20 points, but while you're studying for the CA foundation exams, every point counts. This component is simple to score because it covers all of the topics we covered up to 10th grade. The more you practise this subject, the better you'll become at solving issues.
Statistics also includes your general math knowledge from kindergarten to tenth grade. Your answers may have been incorrect at the time, but you may easily solve these questions with the use of a calculator on the CA Foundation exam.
If you are not from a science or engineering background, you can still do well on this subject by focusing on logic and statistics.
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