CA Foundation Study Tips: Chartered Accountancy is the most preferred course by Commerce students. CA Foundation is the initial stage of the CA Course. However, to be a chartered accountant in India, students must first pass the CA Foundation exam. But, many students fail to pass the Exam. Further, the students can register for the CA Foundation course after the 12th.
So, in the article below, we will see the study tips for the CA Foundation exam to pass the first attempt. Also, we will first see the details for the CA Foundation course.
CA Foundation Course
The CA Foundation course consists of 4 subjects. To pass the CA Foundation exam, students must score at least 40% in each subject and 50% in aggregate. The four papers of the CA Foundation course are:
- Paper 1: Principles and Practice of Accounting
- Paper 2: Business Laws and Business Correspondence Reporting
- Paper 3: Business Mathematics, Logical Reasoning, and Statistics
- Paper 4: Business Economics and Business Commercial Knowledge
Now let’s have a look at CA Foundation Study tips.
CA Foundation Study Tips
As said above, passing the CA Foundation Exam is very easy; you just have to follow the right way of studying. Further, remember that Success does not lie in results; it lies in efforts. Therefore, Being the best is not necessary; doing the best is essential.
Planning is essential before starting your studies. If you don’t plan your studies properly, you will not be able to complete the course till the last day of the Exam. However, the student must plan so that before exams, your three times revision must be complete. Further, making the plan is not the thing; it is about you should execute the plan.
2. Understanding the Concepts
While studying for the exams, you must understand the concepts instead of learning them. Learning is something you will forget till the Exam, but understanding something, means you will never forget. However, understanding thing means you can write them in your language.
3. Take Short breaks in Between
Taking small and short breaks while studying is essential. If you are studying continuously for a long time, it becomes boring, and you lose interest in studying. However, it is suggested that the students must take at least a break of 5 min after each topic or chapter. Therefore, this leads to increasing your efficiency.
4. Set Goals
The students must set their daily goals, like which subject they will study the whole day and how long the topic should take. Setting targets and achieving them is a step to Success. However, the student must set achievable targets.
5. Stay Away from Gadgets
Mobile phone your friend, who becomes your enemy during exam time. One should avoid using the mobile phone and social media while preparing for exams. However, it is suggested that the mobile should not be used during short breaks. Because what happens is you start using your phone scrolling reels and forget about the time.
6. Prepare Your Own Notes
The students must prepare handwritten notes while understanding the concept. Making your notes will aid in your revision during the exam period. After scheduling your notes, you must study twice or thrice. So, during the exam days no need to study the entire chapters. Therefore, just study the notes and go ahead.
7. Take Proper Diet and Sleep
Taking care of your health is very important; your 5-6 days are wasted if you are ill. For proper health, you need to eat an appropriate diet. Avoid eating junk food and unhealthy items. Moreover, take adequate sleep for 6-7hrs so that you won’t feel lazy while studying.
Further, the students should exercise daily to avoid laziness.
8. Practice Mock Test Papers
The last tip suggested to the students is that they must practice the mock test series as much as possible. The mock test series helps you manage your time speed, and also, you will know what type of questions ICAI will ask in the Exam. However, one should learn to manage the time during exams while taking mock tests.
The eight study strategies to ace the CA Foundation Exam on your first try were covered in the article above. Therefore, if the student follows these tips very carefully, then nobody will stop him from succeeding in a rank in CA Foundation. Visit CA Wizard if you want to learn more about CA. It is an online platform for CA aspirants. Here, you will find all the updates related to CA.