How to do self-study for CA FOUNDATION?

 Plan your work and work your plan. The foremost step to becoming a Chartered Accountant is to clear the CA Foundation exam. If you want to qualify for this level, you need to learn “effective allocation of time”. Many students have not only cleared the exam but also scored a rank with their proper planning. 

Though clearing the CA Foundation level without coaching, is not a mammoth task but only a few get to quality the level as an exam like CA demands extensive planning. Only the students who have mastered the art of allocating and planning the study hours effectively can clear this level. 

Believe us, clearing CA Foundation would be an itsy-bitsy task if you prepare an effective study plan and follow it religiously. So planning is as important as studying and without a proper plan you will just be a nomad wandering everywhere.

STEP 1	Choose a balanced combination of the subject and study two subjects at a time. For instance, you can combine one theoretical paper with one practical paper. You can study Mercantile Law with Accounts or Mathematics with Economics. You can remake these combinations according to the requirement of the course. The best option is to start with a new subject first, i.e., Mercantile Law.
STEP 2	Allocate appropriate time to both the subjects in a combination. You may have to assign more time to the practical paper if that portion requires more practice or might have to spend more time on theoretical proportions if the concepts demand so. Hence, if you want to clear the exam in two months, allocate a minimum of 20 days to each combination and the remaining days could be used for revision.
STEP 3	Allocate at least six hours to the practical subject and three hours to the theoretical subject every day. Prepare your notes which will help you on revision days.
STEP 4	In the last 20 days, revise as much as you can. The more you revise and build a stronghold on the important topics, the more likely you are to qualifying the exam.

 You can choose  ca final scmpe Pendrive Classes for better preparation.

Subject wise CA foundation tricks and tips

Principal and practices of Accounting

• Accounts subject is highly scoring and helps students score a good grade (even without coaching). 

• The syllabus is quite similar to that of class 11th and 12th. 

• Commerce students would definitely have the upper hand as they had studied the subject while schooling.  

• If you have a stronghold on the fundamentals of the subject, it will help when you level up in the course (as well as in your professional career).

Business Laws and Business Correspondence and Reporting

• This is a new subject as compared to Class 12th subjects. Students must use a reference book for this subject. 

• Why reference book?  Because they will be reading the institute's material for the first time for this subject, and get disheartened if they are not able to understand the concepts with ease.

• A reference book will help you understand the concepts easily and provides real-life examples and case studies. 

• Keywords, also, make a huge difference in this subject.

Business Mathematics and Logical Reasoning & Statistics

• Practice, Practice, and Practice. The more you practice this subject and try a variety of questions, the more marks you score. Simple formula!

• Institute’s study material should not be ignored, at any cost, in this subject.

Business Economics and Business and Commercial Knowledge

• Most of the topics in this subject relate to the concepts of Class 11th and Class 12th, but few of them are new and are difficult to understand. 

• For those topics, don’t hesitate to brush up on your basics from Class 12th and watch YouTube videos.

• Bonus Tip: Develop a reading habit for this subject, the more you read, the more insights you will get about this subject.

Self-study plays an important role in the life of the student. They ought to have strong willpower and should be focused enough to follow a daily schedule and timetable. 

Students have to do proper planning, set goals, and be determinant enough to keep themselves focused on the timetable. 

Those students who do so are also the ones who crack CA Foundation in First Attempt without Coaching. In case you find it difficult in a particular subject, you can enroll for specifically that subject’s classes.

If you constantly Failing the examination . In this case you need ca foundation coaching from any recognized Institute.

So it depends upon the strength of the students that they are capable enough of achieving their goals or not.