Getting Ready for CA Foundation Exams: Study Plan for Last One-Month

With just one month until the CA Foundation exams, having a strategic study plan is crucial. In this blog, we'll provide a detailed study plan for CA Foundation specifically tailored for this final month, ensuring you're well-prepared and confident on 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 are Subjective Papers
  • Quantitative Aptitude and Business Economics are Objective (MCQ based) Papers with negative marking
  • Each paper is 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 of the 4 subjects and are planning to complete the revision of all the lectures by last month. However, if you feel that any of your subjects still needs proper preparation, then you can opt for Fast Track or Crash Course of that subject. Below is mentioned the link for Fast Track Courses by Top Faculties:

Accounting Click Here
Business Laws Click Here
Quantitative Aptitude Click Here
Business Economics Click Here

 

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

Here's a detailed study plan tailored for the last month of preparation before the CA Foundation exams: 

Crucial Resources for Revision

  1. During this period, student should focus on understanding the paper pattern and prepare himself accordingly. So solving of Revision Test Papers & Mock Test Papers becomes utmost 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, so it is advisable to solve MCQ given by ICAI and all the top faculties.
  3. You can reassess your strengths and weakness subject wise again and focus on the chapters which you find difficult by referring to PDF’s/Videos given by Top Faculties. We have tried to accumulate all the PDF’s/Videos available across all platforms in one page subject wise for easy reference. Subject Wise Free Resource Links: 

    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 preferred to choose 2 Subjects together so that it keeps you going with your preparations and don't bore you with one subject.
    • Our Suggestion is to allot the first ten days to Accounts and Economics and then the next ten days to Law & Mathematics.
    • It is recommended to study one practical subject alongside one theoretical subject to maintain motivation and prevent boredom during your preparations.
    • Utilize this time for thorough revision of all the topics and preparation of notes for Exam Day Revision.
    • It is advisable to prepare one-page notes for each topic, as these are sufficient for quick reference the day before exams, eliminating the need to consult bulky books on exam day.
    • The last 10 days planning is very crucial. Take a full-length mock test covering all subjects. Solve past papers and sample questions. Revisit the difficult topics.
    • Rest and relax the day before the exam. Avoid studying intensively and focus on staying calm and confident. Review your exam day plan and ensure you have everything you need.
    • Engage in light revision and solve a few practice questions to maintain momentum.

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

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

        CA Foundation Subject-wise Revision Tips

        1. Accounting:

        • Solve a variety of problems daily to improve your practical application skills.
        • Prepare brief notes summarizing key points, formulas, and important journal entries. Don't ignore the Theory portion.
        • Take frequent mock tests to gauge your understanding and improve your speed and accuracy.

        2. Business Law:

        • Create summaries and mind maps of each law to remember the key 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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