CA Foundation is the first step toward realizing your ambition of becoming a chartered accountant. Previously, the ICAI held CPT as an entrance exam f
CA Foundation is the first step toward realizing your ambition of becoming a chartered accountant. Previously, the ICAI held CPT as an entrance exam for the Chartered Accountant Course. However, in 2018, this changed, and the ICAI began administering the CA Foundation Exam.
The curriculum and paper pattern have both changed as a result of the change in exam format. When pupils are introduced to something new, they are often apprehensive, and their performance suffers as a result. As a result, it is critical to follow a sensible guide in order to pass the CA Foundation Exam in the first attempt.
CA Foundation Exam
The CA Foundation test is coming up shortly, and registration is already underway. Passing on the first try is a challenging goal to fulfil, especially with a passing percentage as low as 18%. That does not appear to be impossible if it is accomplished via proper strategy and planning.
The CA Foundation test takes place twice a year, in March and November. As of the 2018 upgrades, various adjustments and exam patterns have been made to the study programme. The CA Foundation exam consists of four papers: accounting principles, business law, mathematical reasoning, and business economics. Students can come to KS Academy with any questions they have on the CA Foundation syllabus, paper pattern, or prior year’s question papers.
Key Points to Clear CA Foundation in First Attempt
Now, let’s go through all of the key elements to remember and implement while studying for the CA Foundation Exam.
Do Smart Work Here
Only when hard work is done wisely will it result in success. As a result, place a greater focus on smart work rather than heavy labour. Rather than starting from the beginning with each chapter. The first step should be to properly review the syllabus and timeline. Once you’ve established what you already know and what you don’t, you may go on to the next step. Then you can go over the previous year’s question paper and make a list of all the relevant subjects. You now have a thorough understanding of the entire course and are aware of the most key themes.
Consult Previous Year Question Papers
If exploited to their full potential, previous year question papers can be a goldmine for pupils. From prior year’s papers, students can learn about essential topics, paper patterns, and mark distribution. However, practising these papers on a regular basis can also assist you with time management. You can also make a list of different types of questions to practise, which can boost your confidence and help you perform better.
Priority to Most Important Topics
The next step is to rank all of the relevant issues in order of importance. All of the main issues, as outlined in the preceding exercise, are already familiar to us. It’s time to start studying them and making sure you understand everything there is to know about the subject. Important topics normally have a higher weight age, therefore covering them first will boost our chances of scoring higher.
Attempting SAP Tests
The majority of students enrol intuition for the CA Foundation test. Each of these institutes also offers its own set of practise examinations. The sample test might help you acquire confidence and see which topics require additional practice. The majority of pupils do not consider taking a SAP test and so fail the exam. As a result, it is critical to remember to complete as many SAP exam papers as possible for the students.
When we say “revise scientifically,” we mean “revise in such a way that you recall everything in your exam.” It’s important not to forget to review what you already know so that you can recall it during exam time. For effective retention, the scientific part of it is to review the material you studied in the last 24 hours within the next seven days.
Time Management Tips for CA foundation
Each candidate for the CA foundation exam has the same number of months to prepare. However, few students complete a course on time, and even fewer fight to do everything at the last minute. There are a few things to consider when it comes to time management.
- Setting Small and Realistic Goals Every Day- Be careful not to go overboard with your daily objectives. It might lead to procrastination and failure to meet one’s objectives.
- Don’t Put It Off- Now that you’ve set an attainable goal for the day or month, don’t put it off. Instead of procrastinating, be proactive in accomplishing your objectives.
- Don’t study for more than two hours at a time- Make sure your entire day is filled with a mix of academic and practical subjects.
Almost all Commerce students aspire to pass the CA Foundation test on their first attempt. Only 18% of them, however, pass the exam and progress to the CA Intermediate level. As a result, in order to succeed in the foundation job, one must work smartly. You can find tried-and-true key points to use while studying for the CA Foundation test in order to pass it on the first try.