Strategy To Score Higher In CA Foundation & 60 days Study Plan

Strategy To Score Higher In CA Foundation & 60 days Study Plan

  • CA Satish Jalan

The CA Foundation is scheduled to be from June 24th to June 30th, 2023. To obtain a good rank in the CA Foundation exam, you need to put in consistent effort and adopt a combination of smart planning and hard work. 

 

While attending CA Foundation classes can provide a useful boost to your preparation, it is crucial to pay attention to certain key areas. This exam marks your first step towards becoming a Chartered Accountant, so it is essential to focus on these factors if you want to achieve a competitive score.

 

First of all, It is essential to have a thorough knowledge and understanding of the entire syllabus for the CA Foundation exam. While commerce students may find it easier, it is crucial to cover the entire curriculum and not leave out any topics, as even missing out on 25% of it can significantly impact the final score

 

The syllabus covers around 80% of the weightage of the exam, which emphasizes the need to cover the entire syllabus during preparation.

 

To help the students to plan their exam strategy we came up with a timetable. If you follow this plan for 2 months, you will unquestionably achieve your deserved result.

So go through the entire blog for the timetable and the points to keep in mind while preparing for the CA Foundation exam.

 

Table of Contents



The Exam Timetable of CA Foundation June 2023 Term.

 

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The Admit Card for CA Foundation will be released in the last week of May.



Things you Should Keep In Mind to Score High Marks in CA Foundation Exams in June 2023.

 

  • For non-mathematics commerce students who plan on taking the CA Foundation exam, it is recommended that they focus on statistics and logical reasoning. Although mathematics is a part of the exam, it may not be a scoring subject for non-mathematics students. The logical reasoning portion of the exam carries 20 marks, and the rest is divided evenly between mathematics and statistics. Therefore, students who concentrate on statistics and logical reasoning will have a higher chance of doing well in the exam.

  • The Institute of Chartered Accountants of India (ICAI) provides study materials for the CA Foundation exam, but it can be difficult for some students to study from it. In this case, it is recommended that students refer to one teacher's book for each subject and revise the syllabus from the same book several times to avoid confusion. Creating personal revision notes and charts can also be very beneficial during exam preparation.

  • How students present their answers is just as important as the answers themselves. This is particularly important for the two subjective papers, Principles and Practices of Accounting, and Business Laws and Business Correspondence and Reporting. Practicing writing and taking mock test papers can help prepare students for the exam.

  • The ICAI allows calculators in the CA Foundation exam, but students need to have a strong command of the calculator and its shortcuts, such as M+, M-, G, and others, to save time during the exam.

  • Revision is crucial for the CA Foundation exam. It is recommended that students revise each topic during their first revision and mark similar questions. During the second revision, they should complete one question of each type and mark difficult or important questions for the third revision. During the third revision, students should focus on understanding concepts and solving questions that require additional revision.

  • Practicing with CA Foundation question papers and mock test papers is also essential. This helps students learn time management and accurate question analysis. It is advisable to solve these papers at the end of each chapter and after completing the syllabus identify weak areas and become familiar with the exam pattern and types of questions asked.

  • Finally, it is essential to take the CA Foundation exam seriously and not be overconfident. Some subjects are entirely new, such as corporate law, and require thorough studying. All subjects, including mathematics and accounting, should be given equal attention. The exam is not at the same level as the 12th standard, and students should stay focused and give it their all.

 

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whether you have just passed 12 and grew an interest in this career path or you have some knowledge but are confused about the right way to start, this batch will help you to clear the CA Foundation exam on the first attempt and be a step closer to your dream. 

 

If You want to know more about our CA Foundation revolution batch Click here

 

Have any doubts? Watch this video: 

 

 

 

Two Months Timetable for CA Foundation Exams June 2023 Term.

 

Are you looking for a game-changing strategy to help you ace your exams? Well, we've got just the thing for you! Let's break down your study plan into three parts:

  • the first part will be an overview of your syllabus
  • the second part will be going thoroughly through your syllabus
  • the last part will be the final revision and attempting mock tests.

During the first part, you'll want to get a good understanding of what you need to study. This is where you'll skim through your syllabus to get a general idea of the topics that will be covered.

Don't worry about memorizing everything just yet, but make note of anything that catches your attention. This will help you focus your study efforts later on.

After finishing each chapter, you must review what you studied the previous day and go through the RTPs and MTPs

Take no more than 25 days to complete the first phase of the preparation. 

 

 

In the second part, it's time to get down to business. This is where you'll want to dive deep into your syllabus and start learning everything you need to know. Take detailed notes, make flashcards, and practice problem-solving.

The goal here is to become an expert on the topics covered in your syllabus. This will take time and effort, but it's worth it! You also have to give chapter-wise Mocktests in this second phase of the preparation to point out strengths and weaknesses.  

Try to get conceptual clarity in this part of your preparation then attempt mock tests. It should take 20 days to complete. 

 

 

Finally, in the last part, the last 15 days are the time to put everything together. This is where you'll want to focus on reviewing and solidifying your knowledge. Go over your notes, review your flashcards, and practice Mocktests.

This is the time to fine-tune your understanding and fill in any gaps in your knowledge. With a strong final revision, you'll be able to approach your exams with confidence and walk away with the grades you deserve!

 

Here is a daily timetable to follow to complete the preparation for CA foundation 

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Remember, it is recommended that you study a minimum of two subjects each day, with one being theory-based and the other practical. You can mix and match subjects according to your preferences, but make sure to maintain a balance between theory and practice.

Some suggested subject combinations 

  • Law/BCR + Accounts
  • Law/BCR + Maths/Stats
  • Eco/BCK + Accounts
  • Eco/BCK + Maths/Stats

Choose a combination that works for you and stick to your routine to achieve success in your CA Foundation exam.

 

 

 

A subjectwise short analysis 

 

When preparing for the Principles and Practice of Accounting paper, it's important to start with the topics that you already studied in your previous classes, and practice as many module illustrations and exercises as possible.

While following the ABC approach can be helpful, don't solely rely on it, as the ICAI may surprise you with non-important topics in the exam.

 

For the Business Law and Business Correspondence and Reporting paper, don't get too caught up in rumors that the law section is extremely difficult. Instead, make notes of what you study regularly, and focus on practicing written exercises, including note-making, report writing, and article writing. Don't ignore the BCR section, which covers 40 marks, and prepare for it alongside the law to boost your confidence. Start studying two months in advance and focus on topics like direct and indirect speech, and note-making.

 

For the Business Mathematics, Logical Reasoning, and Statistics paper, it's essential to prepare for each section as if you only have 1 hour and 45 minutes to do the exam. While mathematics can be challenging for some, focus on preparing for important chapters such as ratio and proportion, simple interest, and compound interest. The same goes for logical reasoning and statistics.

 

Finally, the Business Economics and Business and Commercial Knowledge paper can be a great opportunity to level your score and reach the 200 marks needed for overall passing criteria. Focus on practicing as many questions as possible.

 

It's important to remember that regular revision and practice are paramount to scoring good marks. While these tips can help you prepare, it's essential to stay sincere and focused on the areas you need to improve on. Remember to give yourself enough time to prepare and don't get too overwhelmed by rumors or past experiences.

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