In a few days, students studying at the CA Foundation are about to pass the final exam. Preparing for this short period of planning can lead to ultimate success. with Study material.
According to the latest policy, the CA Foundation has 4 papers. Four exams for a total of 400 marks per paper 100 marks are conducted for 4 days (one paper - one day). Paper 1, Paper 2 are descriptive, Paper 3 and Paper 4 are multiple choice.CA Foundation
Eligibility: Must have passed intermediate (any group) or plus two or equivalent exams. The student must have passed the intermediate or equivalent examination on the day of registration. Registration: In May, the CA Foundation exam must be registered by December 31st of the previous year and in November 30th of the same year.Note:
The first and second papers of the CA Foundation will be issued at 1 pm and will be issued at 1.45 pm. This means that the student has 15 minutes to read the questionnaire.
How to Prepare for CA Foundation
Paper-1Principles and Practice of Accounting. 100 marks -Accounts of accounts have been converted into descriptive. This ensures that the student is trained in the CA Inter and final stages of descriptive calculations. - This is a good scoring subject for every student. Subjects have the opportunity to achieve 60-70 marks easily. - Accounts in CA is the most important of the CA Foundation, CA Inter and CA Final stages. So this course will help the CA course to qualify quickly. Therefore, every item in the accounts should be thoroughly read. -Leaks should be well practiced. Regardless of how many calculations you practice, you will make a few changes to the tests and ask questions. So students should focus on the concept rather than calculating it. - Journal entries are very important in this subject. The journal entries in all the chapters are written in one book at a time so that when preparing for the exam, the revision will be easy. Journal entries written every day should be revised for 15 minutes. In this paper, along with the Problems, Theory questions are asked in the exams. So students should read Theory without neglecting it. For students wishing to achieve more than 80% marks, it is important to get a grip on theory questions. Newly-brought chapters in the syllabus: Accounting for Not for Profit Organization, average duration, account current. Particular attention should be paid to these.
Paper-2
Business Laws, Business Correspondence and Reporting - This test is conducted in a descriptive manner. So you have to hold on to the English. Increase presentation skills. - Grammar must be grasped. Answers should be written without spelling and grammatical mistakes.
Business Laws (It has 60 marks.)
This is a descriptive paper.
This paper makes it easy to read theory topics like CA Inter, CA Final Law & Auditing. -It is essential for an entrepreneur to have an understanding of the laws of business. This is why most of the details of the laws required to do business are included in this subject. -B.Law can easily get 30 to 35 marks for 60 marks. - Theory and practical questions should be given equal importance. - Make sure to point out what you want to say when writing a suggestion. Questions in a professional course like CEA may not be genuine. So the students have to get to the kiln process. Students will be able to write questions and ask questions after a thorough examination of each subject. - Only one question can be asked as Short or Essay or Very Short questions. When answering, answer all the questions asked. - This subject does not need to read any of the authors' books. Because the answer to a problem in an author's book may be in the opinion of another book or ICAI. So only the ICAI material is standardized and read well.Business correspondence and reporting
(It has 40 marks.)
This subject repeats most of the English subject learned in class 10th and intermediate level. -Letter Writing, Note Making, Drafting Skills, Communication Skills etc are included in the syllabus. This subject is included in the syllabus as the main objective is to enhance the communication skills of the student. So students need to insist on communication skills. The first chapter of 'Communication' is very important. So read all the questions in that chapter. -Indirect Speech To convert direct speech to Active Voice from Active Voice to Passive Voice you should have a full understanding of the regulations. - Format related to Letter Writing, Circular Writing, Article Writing, Precis Writing, Note Making, Memo Writing. -Meeting and Action Taken Report (ATR) After meetings, Complaint and Reply to Complaint Letters should also be practiced.
Paper-3
Business Mathematics, Logical Reasoning, Statistics - This paper is objective. - Statistics and Reasoning are the new subjects for any group in the intermediate. - Any group in the Intermediate can earn good marks in Reasoning. - All the subjects in this paper are very important to the formula. Formulas for all chapters should be written in one place and revised for 15 minutes every day. Many students lose marks in exam form correction formula.
Business Mathematics
(This is for 40 marks.)This subject is easy here compared to intermediate maths. - After practicing the problems in each chapter, it is better to write down the principles of those problems twice. - This test requires practice of MCQs. - Questions are coming from all the chapters. So all chapters should be prioritized. -If more chapters are easily preferred over smaller chapters, more marks can be achieved in a short time. Important Chapters in this subject are Derivatives, Integrations, Permutations and Combinations, Ratio and Proportions, Time Value of Money, Matrices. - Newly added Time Value of Money and Matrix chapters. Therefore, special attention should be given to these. There are about 13 questions from Time Value of Money.
Statistics
(This is for 40 marks.) Statistics subject is new for any group of students studying in India. Maths students who are scared can score better. At least 20-30 percent of the questions are related to theory. So MCQs should not be ignored. - Probability, Theoretical Distributions, Sampling, Statistical Distribution of Data and Time Series Chapters are important in this subject. This includes the time series chapter. Focus on this.Logical reasoning
(This subject has been assigned 20 marks.)This subject is included in the syllabus for students to increase analytical skills and observation. Reasoning is a compulsory subject for any job test at present. Therefore, it will be useful for CA students in the future as well. Similarly, any group in the Inter can achieve good marks. - There are seven chapters in this section. You need to get a grip on the basics of them. -Recommendation is easier if you read the same things you hear on the same day. - Logical reasoning requires a logical way of thinking. The answer we choose depends on how logical we think about a question.
Paper-4
Business Economics, Business and Commercial Knowledge. - This test is objective. This paper will increase the understanding of various types of business, financial transactions, business start-up, management techniques, commodity pricing and business related issues.
Business Economics
(It has 60 marks.) This subject shows how economics is preferred in business. 30-40 questions are easy and straightforward questions. Problems in this subject should read the question twice and find the answer to avoid confusion. -It contains maps. There will be questions to see if students can explain them or not. So pay attention to them. -Definitions, the names of the authors need not be remembered. - This includes Theory of Consumer Behavior, Cost Analysis, Production Analysis, Price and Output Determination, Business Cycles and Demand Forecasting Chapters. Business cycles and demand forecasting chapters have been brought in.Business and Commercial Knowledge
(It has 40 marks.)
This is a newly brought up subject so questions in the exam may not come as hard. -Basics are more likely to be asked. So students can score better through this subject. - ICAI must read their material. - Details of major corporate companies in the country are included in the syllabus. Terminology and technical terms related to business need to be understood. -The business sector needs to be observing regular changes. For this you must read the business news in the newspapers. - Founders, Founders, Chairman, CEO, MD, Business and Business Transactions should be prepared and prepared in a table. The table should be looked at whenever possible. Practice as many questions as possible. The last two papers of the CE Foundation Examination are in Objective 3 and 4. For each of these four incorrect answers, one mark is deducted, and 1/4 of each wrong answer is deducted. So answers to what is known.
What precautions students should take
The test only has a couple of days off. The learning material should be read in order of preference. -Don't change where you study. - Set aside 10 to 12 hours per day for prep. - Make a time table. That means, at any time, to read any subject, any chapter. And when it does, then do not read it. It is not difficult to follow the CA Foundation on a regular basis. -If any subject is difficult, read the subject for a long time. If the subject is not reading, it is not enough time to read the missing subject. In order to pass the Main Examination, all the subjects must have scored 50% marks in addition to 40% marks in the subject wise. It is then considered passive. So all subjects should be given minimum priority. - A student who has scored more than 60 marks in two papers and scored at least 40 marks in the other two papers may pass the CA Foundation Examination. Keep a 'Doubts Book'. Write down the doughts that came to you. Make yourself salutary or ask your friends to do it while studying your doughs. If your Doubt has not been settled, ask the Faculty to clarify. - Change the subject you are reading after 90 minutes. This means changing the reading subject for 90 minutes. This increases the concentration. - Divide all the subjects into two sections as far as possible without reading all the subjects at once. Make sure there are two papers in the first part and two papers in the second. When selecting two papers in the first part, you should choose one paper that is good for you and one that does not. As well as the two papers in the second part, you need to choose one paper that is good and one that does not come with you. - If the two subjects in the first day are prepaid, then the two papers in the second part should be prepaid. It is not always a good idea to read another subject after completing one subject. - If you have been reading textbooks or study material for any CA Foundation for years now, read them again. Do not read new study material or textbooks. Doing so will increase your chances of being confused. For example, some case studies in the B.Law subject are similar in one textbook and in another textbook. You should take ICAI's study material as standard. Accounts & B.Law subjects at the CA Foundation are very important. The CA Foundation needs to have a good grasp on these two subjects in order to pass it on its first try. Allocate these subjects to the subject during prep. - ICAI issuing material should be preferred over the various textbooks available in the market. - Do not leave any question in the CA Institute material. All questions should be read. - The CA Institute releases the MTPS and RTPs for each test. Important questions are given from each chapter in the RTP. Entity means model papers. Collect and read the model and revision test papers for the months of November, 2018, November, 2019, and May. - The CE Foundation exams have been held 3 times so far. Collect those question papers and get ready. - When preparing any kind of Problematic Paper, just looking at the questions is not enough. Problems should be well practiced. - Do not write the answer next to MCQ codes in books you read or in ICAI model text papers. In doing so, the answer to the MCQ at the time of revision is that the MCQ answer cannot be analyzed. You can't concentrate on that MCQ again. - In order to practice mistakes must be analyzed. Recognize the things that seem difficult and control the speed of time. -It should be aware of the questions that are easy to learn even in the open questions. You should try to read them. - Practice calculator typing to use the calculator as speed. Pre-purchase a good company calculator. Practice speed typing on the calculator for at least 15 minutes a day. Use the calculator during the test as you would on any calculator. Do not use a small size calculator under any circumstances. Fingerings are fine, though a small calculator. The use of a small calculator can be a waste of time, as well as a discomfort in testing. Electronic calculator should not be used in CA Foundation exam. Sample tests should be used at the same time as the fat test.
