It is important to remember that CA is not the same as any other accounting course. Everyone understands that passing the CA examinations / CA Final examination isn’t easy. As a result, it is correct to state that there are no shortcuts and that only hard work and patience will ultimately pay off. The more advanced the level, the more challenging the examination will be.
CA may be a Professional course but it’s a highly demanding career option. It’s nothing like that the course is just too tough for the students who are average. Even an average student can go for the CA course and pursue a career in CA. The students who had passed out their 12th standard examination can go for the foundation level test conducted by the ICAI.
The CA final course covers the advanced knowledge of monetary reporting, management accounting, strategic financial management, professional ethics, and advanced auditing. In this article, we are going to tell you about the main reasons why students fail CA exams. We are getting to discuss the points on which students need to work to enhance their preparations. They need the ability to fill out the gaps within the preparations and the capability to beat them. Let’s discuss them one by one.
No Proper Planning and Time management skills: Most of the students are careless towards their careers. They only enroll in a course because their friends do so but that’s not the right thing to do. If you opt for this course, you’ll need to study for your exams and not anyone else. So, be serious. Usually, students get engaged in other activities during preparation like family functions or outings, etc. But remember that each one of these events can be completed without you. Proper utilization of time at this point is basically essential to clear your exam in the first attempt. So, prepare an efficient study schedule as time management is extremely important. And don’t just take the textbook and start reading from the first chapter. Pick your subject and your interest to get the feel of the book, chapters, and their significance.
Improper Selections of books and unawareness of ICAI Study material: If you wish to refer to the book which is provided by your faculty then you should not ignore the material provided by ICAI. You should not read these materials entirely and thoroughly but the most important thing for you is to understand their importance. The study material is an essential element for the CA students. So, you would like to first read this then if required the other reference, particularly for the theory subject. The materials from the institute are suggested as they’re considerably helpful in understanding the way questions are put up in the paper.
Not attempting by writing in the correct format: Rough work is how a CA Student defines his practice. But this system may be a big blunder. You want to always practice as if you’re giving your final performance. This habit if inculcated will help you to take care of your speed and accuracy even during the practice sessions. Practice in a notebook and make sure that you complete the full question. Don’t leave halfway.
No proper time allocation for revision: Another basic study point is to offer ample emphasis to an honest revision plan. To succeed revision is a must.
Less importance is given to the theory part of practical papers: Most of the students don’t give due value to the theory part within the practical subject. So, theory preparation in practical subjects is equally important. One should first understand the theory and then move on to the practical part.
Attempting Test Series without preparation: If you’re sitting for a test series without even completing your syllabus, then you’re simply wasting your time. Please analyze the status of your studies before blindly enrolling yourself for any test series. With the arrival of online education, you’ve got the liberty to attempt test series at your own will, so enroll for a test series only after completing your syllabus once. Then only you’ll judge your preparation level, you’ll know what your weaknesses are and what your strengths are.
The above-mentioned reasons are the main areas where the students need to focus to be able to clear the CA exam successfully. Takshila Learning is an online portal that does away with all these excuses and trains and guides you in a proper way to soar through the CA Program.
Takshila Learning is one of the best choices for online CA foundation Classes and the entire CA Program— CA Foundation, CA Intermediate, and CA Final. Takshila Learning provides Online classes for CA Foundation and video lectures for the CA Course that are based on the newest ICAI Syllabus and taught by India’s greatest professors. The main objective of Takshila learning is to assist students in passing their tests and becoming CAs with good scores in their first attempt itself.
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