With just one month till CA Foundation exams, having a strategic study plan is important. In this blog, we willll provide a detailed study plan for CA Foundation specially for this final month, ensuring you are well prepared and confident on your exam day. 

As you know CA Foundation includes 4 subjects:

• Paper 1: Accounting
• Paper 2: Business Law
• Paper 3: Quantitative Aptitude
• Paper 4: Business Economics

Specific Points to Know for CA Foundation Exams:-

• Accounting and Business Laws - both are Subjective Papers
• Quantitative Aptitude and Business Economics are Objective (MCQ based) Papers with negative marking
• Each papers are of 100 marks

To Download CA Foundation Syllabus, Click Here || To Download CA Foundation Section-wise Weightage, Click Here

Current Preparation Assumption

We assume that you have previously completed all the lectures for the four subjects and are planning to complete the revision of all the lectures by the end of last month. But, if you feel like any of your subject still needs a proper preparation, then you can opt for a Fast Track or a Crash Course for that subject. Below is the link for Fast Track Courses by Top Faculties:

So now your 1st level of study from the videos or class lectures for all the 4 subjects is over. Now it is time for Revision of the contents in last 1 month.

Here is a detailed study plan tailored for last month of preparation before your CA Foundation exams: 

Important Resources for Revision

1. During this period, students should focus on understanding the paper pattern and prepare accordingly. So solving of Revision Test Papers & Mock Test Papers becomes important as it gives students a clear idea about the question pattern of all the subjects.
2. Since Paper 3 & Paper 4 are Multiple Choice Questions (MCQ’s) based, it is advisable to solve the MCQs given by ICAI and all the top faculties.
3. You can reassess your strengths and weaknesses subject-wise again and focus on the chapters that you find difficult by referring to the PDF’s/Videos given by the Top Faculties. We have tried to included all the PDF’s/Videos available across all platforms in one page subject-wise for easy reference. Subject-Wise Free Resource Links: 

• CA Foundation Accounting : Click here
• CA Foundation Business Laws  : Click Here
• CA Foundation Quantitative Aptitude : Click Here
• CA Foundation Business Economics : Click Here

One Month Plan [Remaining Last Month before Exams]:-

• Set a Target - Allot the first 20 days for Revision and last 10 days for Practice.
• It is always better to choose two Subjects together so that it keeps you going with your preparations and you do not get bored with one subject.
• Our Suggestion is to allot the first ten days to Accounts and Economics and then the next ten days to Law and Mathematics.
• It is also recommended to study one practical subject with one theory subject to maintain your motivation and prevent boredom during your preparations.
• Use this time for a detailed revision for all the topics and preparation of the notes for Exam Day Revision.
• It is advisable to prepare one-page notes for each topic, as they are sufficient for quick reference on the day before exams, so that you don't need to read bulky books on the exam day.
• The last ten days of the planning are very important. Take a full-length mock test covering all the subjects. Solve past papers and sample questions. Revisit the difficult topics.
• Rest and relax the day before your exam. Don’t study too much, be calm and confident. Go over your exam plan and make sure you have everything ready.
• Instead, do a quick revision and solve a few practice questions to stay in the flow.

We are also providing the subject-wise revision tips below for better guidance. 

For CA Foundation Free Important Resources by Top Faculties & ICAI, Click Here

CA Foundation Subject-wise Revision Tips

1. Accounting:

• Solve different types of problems/questions daily to improve your practical skills.
• Prepare short notes summarizing key points, formulas, and important journal entries. Do not ignore the Theory portion.
• Take frequent mock tests to determine your understanding and improve your speed and accuracy.

2. Business Law:

• Create summaries and mind maps of each law to remember the important points.
• Study and practice case laws to understand the application of legal principles.
• Regularly practice writing business letters, reports, and other correspondence to improve clarity and precision.

3. Quantitative Aptitude:

• Memorize key formulas and learn shortcuts for quick calculations.
• Solve different types of mathematical and logical reasoning problems daily.
• Focus on understanding the concepts behind statistical methods and mathematical operations.

4. Business Economics:

• Ensure a deep understanding of economic theories and their real-world applications.
• Use graphs and charts to explain economic concepts visually.
• Prepare concise summaries of each topic for quick revision.

For CA Foundation Latest Video Classes by Top Faculties, Click Here || For CA Foundation Latest Books by Top Faculties, Click Here

General Revision Tips:

• Consistent Study Schedule: Allocate specific time slots for each subject and stick to a regular study routine.
• Practice Regularly: Solve past papers and sample questions.
• Group Study: Consider studying in groups to discuss and clarify doubts and reinforce learning.
• Stay Healthy: Take regular breaks, eat well, and get enough sleep.
• Stay Positive: Maintain a positive mindset and manage stress effectively.

Frequently Asked Questions (FAQs)

1. Is there negative marking in CA Foundation Examination?

Yes, there is a negative marking of 0.25 marks for every wrong answer in objective type papers.

2. Which type of questions are asked in CA Foundation exam?

The CA Foundation exam includes a variety of question types to assess candidates' knowledge and skills:

1. Subjective Questions: Require descriptive answers, often involving problem-solving and analysis.
2. Objective Questions: Candidates select correct answers from multiple choices or provide brief responses.
3. Case Studies: Analyze given scenarios and propose solutions, testing critical thinking skills.
4. Practical Problems: Apply concepts to solve numerical or computational problems.
5. Legal Interpretation: Interpret legal provisions and apply legal reasoning to hypothetical situations.
6. Analytical and Application-Based Questions: Analyze data or financial statements to draw conclusions or make recommendations.

These questions evaluate candidates' understanding of concepts, ability to apply knowledge, and analytical skills relevant to Chartered Accountancy.

3. What should I carry for CA Foundation Exam?

• Mandatory Items: Admit Card, Photo ID
• Stationery: Pens, pencils, eraser, sharpener, ruler, calculator
• Additional Items: Transparent Exam Board, Water Bottle
• Personal Items: Hand Sanitizer, Tissues, Simple Wristwatch
• Prohibited Items: Electronic gadgets, books, notes, large bags

With a well-structured CA Foundation study plan for the last month of preparation, you can make the most of your time and ensure you're fully prepared for the CA Foundation exams. By following this detailed plan, you'll be equipped with the knowledge, skills, and confidence needed to excel on exam day. Good luck for your CA Foundation Exams!

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