Each and every year, the final CA final exams are held in the month of May and December. There are students who have cleared the final CA exams in their second or third attempt. Passing the CA final exams becomes easy after completing a three-year article as students gain practical knowledge of what they have learned in the theoretical subjects. For students who failed the CA final exam this year, we advise not to stress. You just need to know the right style of practicing and preparing for the exams.
You need to relax your mind a little by going out with friends or taking a break from studying. Forget the previous result and restart with the correct approach. You gave 4 years of your life to make your dream come true. Don't worry about what society says, all you have to do is focus on your career and do your best to pass the CA final exams.
Before you start your studies, you should consider the following tips.
1) Read the case studies:
Case studies are very helpful in preparing direct and indirect tax cases. You will find thousands of case studies but it is very difficult and complicated to remember all of them. You must remember the decision and the determination that came with it. By reading the case studies, you will learn about the different regulations that will help you solve the problem. Problems in less time.
2) Learn amendments:
When you start your studies, please download the study material from the official website, because it is very important in legal and tax matters. Annually, the ICAI updates the changes from a financial and legal point of view. The changes on your answer sheet have a strong presence in the examiner's memory. So prepare well for changes. good weight. These topics are very easy to understand and write about good brands. At the intermediate level, do not mention the numbers of the section important.
3) Begin with Accounting Standards and Standards of Accounting:
Accounting covers a major role in the CA final exam papers as it covers high weightage. These topics are very easy to understand and to score good marks. If you start with these subjects your confidence will boost which will help in the preparation of other subjects also. Solve mock test papers to practice for case studies again and again and continuously.
4) Learn from Mnemonics:
Some of the topics in CA exam need lot of attention for higher expertise of concepts. Students are a chunk fearful of idea topics as they may be tough to recollect.There are lot many t You can use mnemonics to assist memorize those factors and might recollect them without difficulty at some point of checks. Mnemonics are the satisfactory manner to recollect the formulation or segment numbers.
5) Mention Section Number:
Writing Section Number in CA paper leaves an amazing effect on the examiner. Once you have a 3-year articleship college students are anticipated to write down the segment numbers. Do not write the segment numbers in case you aren't certain in any other case it is able to go away a terrible effect in your mark sheet. Try to learn them during your exam preparation time.
6) Practice Manual Questions:
Don’t forget to practice the manual as most of the questions are from advanced management accounting, financial reporting, and strategic financial accounting. Practice the manual thoroughly to score good marks in the final attempt.
7) Finish International Taxation and GST First
ICAI brought International taxation and GST from Nov 2019. These topics are new for college students so attempt to complete those topics and erase the pressure first.
8) Go Over with syllabus Regularly
One of the maximum not unusual place motives for failure withinside the CA final tests. As you already know the CA's very last syllabus could be very prolonged and also you want to revise it frequently to not forget the subjects at your fingertips. Try to complete the syllabus at least one month earlier than the tests so you can revise the whole syllabus twice or thrice times earlier than going for the final exams.