Here are the MCQ sample questions for practical training assessment for CA Final subjects as prescribed by ICAI. Click through to access the PDFs:
Accounting and Auditing (including Corporate Laws)
- Sample Questions 1
- Sample Questions 2
- Sample Questions 3
- Sample Questions 4
- Sample Questions 5
- Sample Questions 6
- Sample Questions 7
Accounting and Auditing (including Corporate Laws)
- Sample Questions 1
- Sample Questions 2
- Sample Questions 3
- Sample Questions 4
- Sample Questions 5
- Sample Questions 6
- Sample Questions 7
Direct Tax (including International Taxation)
(Resource Courtesy: https://www.icai.org/post.html?post_id=14836 )
Competitive exams like Chartered Accountant (CA) really need some hard work and dedication to qualify. Thousands of aspirants try their luck every year to clear this prestigious exam. First of all, congratulations to those who managed to clear it this time. Those who have not, need to take cognizance of the fact that it is not the end of the road. Don’t lose heart yet. You have a long way to go and need to sit back and think of all the reasons why you missed the opportunity this time. Just remember that it is only after you tasted the sour taste of failure that you are going to crave and ultimately get the sweet taste of success. Here, we have accumulated 11 reasons that usually lead to the failure in passing your CA examination this time and effective solutions to remedy them.
1) Improper planning and lack of time management skills
Time is the key to success. Students often feel that they will complete the complete course two or three months before the exam. Well, let us tell you that it is never going to be enough. Without any planning and proper management of your study time, you are not going to move up the ladder. It is plain and simple! You cannot simply start reading the first chapter of your textbook three months before the exam.
“There are no secrets to success. It is the result of preparation, hard work and learning from failure.”
Prepare a proper plan first; list the important topics, watch CA video lectures and jot down the key milestones. Once you have a plan ready in front of you, simply follow it on an everyday basis to get a strong grip over the key concepts.
2) Wasting all the valuable time in preparing just the time table
Since you are planning to crack this competitive examination, mere thinking and planning will not really work. Proper execution of your time is what will result in a positive outcome. Many students spend most of their crucial study time in pondering over making a timetable and eventually wasting all of it.
“It’s that preparation that goes into each week. Trust your training, trust your teacher and trust yourself.”
As you have a complete one year before the next exam, break the time into three sections. Study from July to November for Group 1, December to February for Group 2 and keep March and April for revision and mock tests. Take a break of 15 minutes after finishing every paper for about 45 minutes to 1 hour, eat your meals properly in between, and make some time to do some self-study as well.
3) Cluttering your study material
Stop wandering around everywhere to find all the materials related to clearing out CA exams. When we start preparing for the CA exam, we tend to get confused about what to study and what not. Relax; there is a simple solution to this grave problem.
“FOCUS = Follow On Course Until Successful”
Just concentrate on the study material provided by ICAI, practice manuals, RTPs, and MTPs first. These are the first few steps of the ladder. Get your basics right. Then, study and practice the study material provided by your coaching lecturer and brush your knowledge by watching CA final video lectures. You can also watch CA final online classes to gain more clarity once you get your basics right.
4) Confusion related to attempting single or both groups in exam
It all depends on your preparation. Do not rush or get confused. It also depends on how well you manage time to negotiate attempts to both groups at the same time. Lot of students fail to decide whether to attempt one or both groups at the same time.
“We must succeed and finish our course with joy”
Just believe in your own capacity and do not go after what your friends and family say. You are the best judge here. Just decide on what case would prove to be the best one for you after considering all the challenges and make your choice accordingly.
5) Unable to present your answers
Research on a number of successful students that have easily passed the ICAI examinations suggest that most of the students score better than other because of polished presentation skills.
“Improvement is achieved by the ripple effect of a few simple changes in approach, attitude, or habit.”
Even if your concepts are crystal clear, it is crucial that you should be able to present them in a crystal clear manner. This has been observed to be one of the main reasons for failure in CA exams. Start brushing up your presentation skills as well to come out as an ultimate winner.
6) Improper analysis of mistakes
Just do not follow any teacher or lecture blindly. Here, we are not asking you to abandon classroom study completely. But, it is crucial that you sit and understand the current pattern of the examination and assess the various areas where you lacked and failed in the exam.
“Correction is the tool for creating better from worse. Make the best use of it!”
Even if you have studied hard for the exam and couldn’t conceive of the structure of the exam carefully, it was a lost cause for you. Analyze your mistakes now and study well according to the prevailing pattern of the examination.
7) Practicing without following the right approach
Don’t take your practice sessions lightly.
“Knowledge is of no value unless you put it into practice.”
No matter how much you have studied, mugged up, learned and understood if there is no practice involved at the end, your preparation is doomed to fail. Try to inherit the practice of writing the complete answers in a proper format in your notebook and do not, in any case, take it lightly. A smooth practice leads to a smooth result in the end.
8) More listening and less studying
What is required ultimately for a CA aspirant is to convert all the guidance and lecture into practice and get a positive result. Buckets of motivation received from your parents, teachers, and friends would not be enough if you haven’t implemented this guidance into action.
“Study hard, achieve hard.”
Don’t just restrict yourself to hearing about all the good things that will happen once you will clear your CA exam. Focus on trying to learn and understand what is required to crack the exam to get the ultimate success.
9) No revision prior to the examination
Without doing a proper revision prior to entering the exam hall, just know that you are bound to fail. When you study everything turn by turn, you tend to forget some things in the process.
“You don’t have to look back and know you could’ve done better.”
Revising the chapters, again and again, using a series of FHC mock tests entrench them in your memory for a very long time that enables you to write the answers easily in the exam hall.
10) Leaving the theory portion of practical papers
Many students undervalue the importance of theory part in the practical paper of CA examination. How will you be able to understand the practical concepts and write them without having proper knowledge of its theory section? Prepare notes while practicing for your paper to get ready to face any undesired difficulties.
“Strategic Planning is worthless – unless there is first a strategic vision.”
11) Let go of the tension and depression
Facing failure in life can only slow your speed, but it cannot stop you from ultimately reaching your goal. A failure once boosts you to put a better effort towards cracking the exam. Do not get weakened after you failed in your examination. Properly contemplate all the areas where you lacked this time and find way to enhance your level of confidence. Come up with a better strategy and invest more time in brushing up your concepts. Remember, success only comes to those who make an effort to achieve it with full force.
“Stop blaming situations and problems. Take charge, usher in a new dawn!”
Just remember that with the right balance of time, dedication and efforts, you can transcend the most stringent boundaries. Pay enough time to contemplate to where you lacked this time, make a list of places where mistakes happened start with the preparations again with the positive approach and you would see a great score yourself!
This article is first published on caknowledge.com, and shared here because it’s awesome.
What is TDS?
The concept of Tax Deducted at Source (TDS) was introduced with an aim to collect tax from the very source of income. As per this concept, a person (deductor) who is liable to make payment of specified nature to any other person (deductee) shall deduct tax at source and remit the same into the account of the Central Government. The deductee from whose income tax has been deducted at source would be entitled to get credit of the amount so deducted on the basis of Form 26AS or TDS certificate issued by the deductor.
When is TDS deducted?
TDS is required to be deducted by responsible person at the appropriate rates, from payments of specific nature i.e. salary, rent, contract payments, consultancy fees, commission, etc. Applicable to all assessees other than indv/HUF.
Generally, tax is required to be deducted at the time of the credit to account of the payee or at the time of payment, Whichever is earlier.
However, In case of payment of salary and payment in respect of life insurance policy, tax is required to be deducted at the time of payment.
What are the Rates for deduct of Tax at source (TDS)?
Taxes shall be deducted at the rates specified in the relevant provisions of the Act or the First Schedule to the Finance Act. However, in case of payment to non-resident persons, the withholding tax rates specified under the Double Taxation Avoidance Agreements shall also be considered. Click here to view the TDS Rate Chart.
How to pay Tax Deducted/Collected at source?
Tax deducted or collected at source shall be deposited to the credit of the Central Government by following modes:
1) Electronic mode: E-Payment is mandatory for –
a) All corporate assesses; and
b) All assesses (other than company) to whom provisions of section 44AB of the Income Tax Act, 1961 are applicable.
2) Physical Mode: By furnishing the Challan 281 in the authorized bank branch
What happens incase of failure or late filing of TDS return?
1) Late filing fees for TDS Return U/s 234E: Mandatory late filing fees U/s 234E of Rs 200/- per day subject to maximum of TDS amount.
2) Penalty for Late filing or non filing of TDS Return U/s 271H: Failure to filing TDS return within 1 year from specified date will attract minimum penalty of Rs. 10000 and maximum penalty of Rs. 100000/-.
Applicability of Interest on Non/ Late deduction TDS and Late payment of TDS :
i) Late Deduction: Interest @ 1% p.m. for late deduction of TDS on applicable amount.
ii) Late remittance: Interest @ 1.5% p.m. for late remittance on applicable amount.
Penalty U/s 271C upto the amount of TDS if not deducted and paid to the Government account.
This article is first published on caknowledge.com, and shared here because it’s awesome.
The days of actual exams are the most significant in the sense that your pre-exam diligence and persistence has now reached its culmination. You need to remove all past cobwebs from your mind and wholeheartedly throw yourself in the pursuit of excellence.
Few steps to keep in mind during exam days:
1) Focus on the exam and not the result – During this time concentrate only on giving your best to writing the exam and do not think about the outcome. If you do your job well, things will fall into place and success shall inevitably follow.
2) Read and understand the question correctly – It is a general tendency to read the question paper at a glance, no doubt lot of time cannot be spent on reading the question paper; however it is important to understand the nuances of each question very well before start answering. Therefore it may be wise enough to go through the question paper quickly yet grasping the technicalities of each question. Also the instructions should be read very carefully. At times questions are tricky and framed in a complicated way, so take a moment and reflect, before you start answering. Overconfidence will take you nowhere.
3) Balance between writing and recalling the memory – Your preparation should be such that your mind and your writing are aligned and in perfect tandem so that there is no leakage of time and content. Recall before answering, estimate the time required to write, strategize, reframe the details of the answer to fit the time frame and then start writing.
4) Presentation – Along with ensuring the correctness and appropriateness of the content, emphasis should also be laid on the presentation. Clear and legible handwriting gives the right visual effect. Study Material, Revision Papers and Suggested Answers published by the Institute of Chartered Accountants of India serve as the most valuable guide to the best presentation of the answers. The format of answers as prescribed in these materials should be adhered to the maximum extent possible.
5) Wear Cool and Comfortable clothes – While in examination hall, your attire should be cool and comfortable, preferably, light colored cotton clothes allowing you to breathe easy and giving you freedom of movement. Carry a water bottle and wet wipes. It is important to maintain proper hydration as dehydration saps the energy levels.
6) Start early, to allow for traffic disruptions – You may visit the center earlier to mark the exact location so that you do not spend time trying to locate the center on the day of the exam.
7) Stay Cautious – Most of the times external forces make us believe that we are unworthy. We adopt this belief based on estimation of others rather than a fair judgment of our own capabilities. We then conclude that we are no good. The greatest loss or failure is not when others put you down; it is when you put down yourself. So do not become victim of judgment of others instead be victorious through meticulous planning and execution.
“Success consists of going from failure to failure without loss of enthusiasm.” – Winston Churchill
The above mentioned guidelines are just prudent suggestions and not an exhaustive list of measures to be taken. A professional exam should be treated like one and utmost care should be taken to follow the guidelines set by the institute.
On the day of the result, you are either declared successful or unsuccessful. Please remember that it is not the day of the result which brings you success, it is the whole systematic process of preparation and writing the exams that brings the success. Day of the result is just a day of declaration, it is not the day of decision. Decision of success is a process that starts with the preparation for the exams, actual performance during the exams and the attitude towards the entire process.
It is well said that to achieve success become SMART – Specific, Measurable, Achievable, Realistic and Time bound.
(Source: caknowledge.com )
It is a common myth that commerce graduates usually do not have that much job choices. But, the truth is that there are plenty of positions available in the commerce field as well. A career option in accounts depends upon one’s abilities and interests. And if the student belongs to the elite Chartered Accountants group then the horizons expand further for them. The progress in globalization and rise in regulatory reforms like GST has led to even more job opportunities for CA students.
If you are choosing a career path in Chartered Accountancy, this post shows some of the trendiest jobs for you. Such opportunities even cover government sectors, so that there is a better chance of survival in the competitive world.
What hot avenues are available to CAs?
One should also note that clearing the exams for CA is just the beginning. A CA graduate’s professional life is the real exam where he/she has to practice what he/she learnt. That said, here are the trendiest job opportunities after CA for you:
1) Working independently as a CA professional
CA aspirants who believe in their talent would definitely want to pursue a career as an independent professional. You definitely need good connections, technical skills and an entrepreneurial talent to win in this career choice.
The aspirant would need to be a sharp businessman to survive in this field. Do note that there is no fixed salary here as you are going to practice right from scratch. Consider yourself a part of a self-employed system. One may also need to invest in money, hard work and time. If you look at some of the renowned faculties who have worked independently to be CA trainers to be CA trainers have established a new identity of their own.
Job Profile: The aspirant will need to perform taxations and audits for small and medium-level businesses in the beginning. Later, with accumulation of a strong portfolio, the job may increase to large companies. This may also depend upon the individual’s talent to survive as an independent Chartered Accountant. You will also require the accreditation of an ICAI certification to practice.
Concerned Industry: Based on the industrial background, the Chartered Accountant professional will have the advantage of targeting any type of business industry. But, one has to work proactively to strengthen the clientele when working as an independent CA. Surely, with the right approach, there are chances of earning higher profits.
Why to pursue: Pursuing this profession will provide with vast opportunities in the world of business. Profits are high and indefinite. There is also a scope of expanding the accountancy team to cover up more area for taxation, audits, and other similar processes in accounting.
2) Working at a Chartered Accountant firm
This job opportunity in the chartered accountant career path is one of the most popular ones as it involves a secure job for the aspirant. Joining an already-established firm will provide you with a strong base right from the start. The chances of progressing here solely depends upon how well you perform compared to other CA employees at the firm.
Job Profile: This job would require one to be a graduate in Chartered Accountancy. Some CA firms may also ask for the designation of a CPA (Certified Public Accountant). Overall, one has to have a bachelor’s degree in accountancy for applying for a position at an established CA company.
Concerned Industry: Here too the targeted industry is dynamic for the CA employees. All industries that require audits for their operations will need the assistance of Chartered Accountants. However, CA firms mostly involve with reputed companies. So, as an employee, the CA may have to go for audits to such companies when required.
Why to pursue: There is a security of a fixed job, salary, and incentives. There is also an opportunity of traveling a lot to the client companies for audits, etc. The employer company will cover most of the expenses.
3) Government Sector
Opportunities for CA in govt sector may have its own benefits just like for other services. There is no doubt that this sector will give many benefits and job security throughout the lifetime. There are plenty of government sectors to apply, such as banks, electrical sector, financial sector, transportation sector, etc.
Job Profile: The basic requirement for applying for a government job as a CA is the bachelor’s degree in accountancy. Additionally, there is advantage for aspirants who are MBA graduates, postgraduates, etc. Some government sectors may also accept diplomas in the relevant fields. So, you may have to find that out with the sector you want to apply at.
Concerned Industry: As mentioned earlier, there is a diversified list of industries where there is a requirement of a CA professional in the govt sector. This includes government banks, govt power plants, factories, etc.
Why to Pursue: The salary growth may be slow here, but you do get a pension plan later when you retire. If you aim for a career, where you do not want to involve in a proactive scenario, then a government job would be great for you.
4) Financial Sector
Another trendy sector that CAs can try out is the financial sector. Here an aspirant can choose among the various portfolio management firms, mutual fund companies, stock broking companies, etc. This is one of the best places for instant growth if you are into that.
Job Profile: A bachelor’s degree in CA would be of great help to try out in this field. Most employees at such firms do not even have to be full-fledged Chartered Accountants. But, high growth probability lies in those who are good with the accountancy aspects of this field.
Concerned Industry: Any industry that involves in stock broking, portfolio management, and other financial planning aspects. This requires one to be highly active in the real-time market scenario. Thus, this field will make you work harder, if you are up for it.
Why to pursue: There are high chances of growth here as the world of stock market and investments is very lucrative. There are risks too, but the right mind, calculation, and probability can help you gain the upper hand for your customers.
5) Family Offices
Another trendy area to try your luck at is a family office. These offices comprise of lawyers and financial advisors, who work to manage the assets of a rich family or organization. The work in this sector involves high intellectuality that needs to stay prompt for any investment opportunity for the client. CAs in this field will involve with big-time entrepreneurs who want their money secured and grown.
Job Profile: At least a bachelor’s degree in Chartered Accountancy, with knowledge of law. Besides, there may also be need of post-graduation in business administration, etc. You are mostly appointed as a legal and financial advisor to executive of top-notch companies.
Concerned Industry: The targeted industry is mostly related to UHNW (Ultra-high net worth) companies and families.
Why to pursue: This would be your ultimate goal if you want to live with the big players in the world of business. Income in this field is high, but so is the effort to prove your talent.
Thus, you can see that there are many ways to improve your career with multiple job opportunities after CA. Some are relaxed and may not involve a highly proactive life in the future. Others will demand you to work religiously to achieve the best of results. Choose your path wisely and become the creator of your own destiny in the world of Chartered Accountant.
Preparing for a competitive exam needs total discipline and adherence to a set schedule. Competitive exams, especially CA exams, are getting tougher by the year, so it is best to do all you can to prepare yourself for any challenges that may come your way. This is where online mock test series come in. Online test series are designed specially to make students more prepared and competent to appear in the competitive exams. CA aspirants can highly benefit from online CA test series in all stages of the exam. There are several benefits of mock test series that CA aspirants can benefit from. Some important ones are listed below:
1) Familiarity With Exam Pattern
CA aspirants generally have a lot of queries as to what the patterns of the different stages of the exam are. There are so many levels: CA Foundation, CA Intermediate, CA final and each level has a different pattern of assessment. Online test series help the students in understanding the pattern of the exams by providing them with the exact same structure in the online test series which will be presented to the students in the actual exam.
Students even start understanding the tricky and complicated instructions of solving the paper when they get into the practice of taking these tests on a regular basis. These tests highly help in familiarizing the students with the paper layout so that they don’t get stunned when they see the question paper for the first time.
Also if any new changes are made to the pattern of the exam, these changes are also included in the online test series so that the students get into the practice of following the pattern.
2) Time Management
Another way test series help you in your CA exam preparations are that they help you in managing the time while you solve the paper. While taking the mock tests the students learn how to distribute their time on each question so as to not leave any of the answers blank in the end.
These tests help you in dividing your time between short and long questions and easy and hard questions. This helps you in making sure that you don’t only answer the question but answer it completely and correctly in a limited time frame so that you have time to write the other answers in the same manner as well.
When you have limited time to answer all the questions, then you plan your strategy accordingly and learn new techniques to solve a question faster. Time management is a very important tool for CA aspirants to have in their quiver.
3) Assessment Capability
Taking test series online like CA final test series, helps you in assessing yourself on a regular basis. You can track your developments yourselves and see where you lack and where more effort is needed. This is a very important quality that every CA aspirant must possess and it can be developed through online test series.
Test series offer self-assessment capability as the student no longer has to live in a speculation of what his weaknesses and strengths in a particular subject are, he can take the tests and find out himself. This helps the aspirants in being more prepared than other candidates for the exam. Under the guidance of the best CA faculties, the evaluation part of the mock tests makes things easy and seamless, as the guidance would definitely help out the candidates in assessing their mistakes and excel in the final exam.
These tests gives the student ample of time to assess and rectify the gaps in their preparation for CA exams. These exams help not only in identifying the blunders that the students commit in their exams but they also highlight the rookie mistakes which need to be addressed as well.
4) Develops Spontaneous Answer Formation Ability
The online test series give you a lot of mock tests which will help you feel the difference in your answer writing skills as you progress from one test to another. Not at first, but eventually you will start seeing the difference in your spontaneous answer writing abilities.
Completing these many tests and answering different types of questions in a given time frame makes your writing skills better and faster. This helps you in getting familiar with the concept of how to frame an answer to a given question.
Not only you know how to plan the answer but also you are able to speed up your writing skills. This immensely helps in a competitive exam like CA. Spontaneous answer formation ability really helps a student when he has to answer a question he is not really prepared for or hasn’t given much time.
5) Develops Confidence
Participating in an online test series gives you a lot of practice with time management, your answer writing skills and makes you familiar with the pattern and flow of the exam. When you are familiar with all these things you automatically gain confidence and your test taking ability increases.
Preparing the syllabus for CA exams is really important but gaining confidence makes you fully prepared for the exam. When you take the online test series it serves as a medium of boosting your confidence by telling you how prepared you are for the exams.
This puts you in a positive mindset for not only the preparation of the exams at all levels but also the final tests. It is always necessary to do activities which escalate your confidence level before and during the exams and online test series is one of them.
Apart from the confidence meter, your motivation scale should also be high up during the exam preparation days and near to it.
6) Improved Speed
When you take practice tests and take them regularly it eventually helps by increasing your speed. These tests play an imperative role in improving your speed for the final examinations. They help people with low or average speed to decrease the time they spend on an answer.
As a result, you get to make sure that you don’t miss answering questions because of slow speed. While taking these test series you’ll be able to analyze the whole examination scenario i.e. where you need to increase your speed and what short tricks you need to learn.
When you are confident that your speed is good and you won’t miss any questions it greatly helps in decreasing the exam anxiety levels in the aspirants and building more confidence.
To sign off
By taking online test series, students actually feel the pressure and the experience of taking the real exams and this experience greatly helps when that day arrives. These tests put you in a better mental position to appear for the final exams and make you better prepared for them.
Preparing for a competitive examination like Chartered Accountancy can take its toll on the students. During the crucial preparation time, it’s as imperative to be motivated in order to study hard and have a disciplined approach every single day as to have good study materials provided by renowned CA faculties. Self-motivation can really help boost the confidence of the student appearing for the competitive exam.
When you are motivated, even the difficult things become easy to accomplish. Being inspired or motivated doesn’t mean being pressured by others into pursuing a thing, but realizing it on your own how enthusiastic you are regarding the task at hand. If you are inspired enough for preparing for CA, then characteristics like focus, right-direction, self-satisfaction, time management and organization automatically start yielding value for you. These aspects push you to take the most important decisions for your CA preparation such as choosing whether to go for physical classes or to study at home via pen drives at your convenience, choosing the most accomplished CA faculties in accordance to the subjects, a complete study plan to crack the exam etc. Apart from these, it can also help you in building confidence, which is a crucial part of any kind of preparation.
For Chartered Accountant exams, there are some techniques which can help you increase your inspiration for the same. Here are some CA motivation tips will help you in all the levels of the CA exam- CPT, IPC, final and IPCC.
1) Have a positive mental attitude
“A positive mental attitude is the starting point of all riches, whether they be riches of a material nature or intangible riches.” These word by Napoleon Hill may help students to put things into perspective and help motivate themselves.
Building a positive mental attitude is not only about thinking positively about the preparation and the results but it also means avoiding negative presupposition during your studies. You have to avoid fear and come out of fear if you feel it. This will in turn help build positive presupposition.
Being in fear will only make your plan of study less productive and will make your subjects even more complicated and fearful. To keep a positive mental attitude, avoiding fear is a must, and this means not to be fearful about either the preparation process neither the final series of tests.
2) Break it down
Breaking the syllabus down is one of the other important things in motivation for CA final students or CA IPCC students. You have to work in small steps rather than taking upon the whole syllabus together and being burdened by it.
Breaking down the syllabus into small parts helps as it sets out small deadlines and clear goals. This in turn helps in breaking the whole syllabus of CA, which is very extensive, into small parts and finishing these tasks helps in building confidence in students.
This also somewhat makes the syllabus of CA easier to finish and learn. Completing the syllabus fast will lead to students making a lot of mistakes and missing out a lot of things. Doing things in a calm, organized way is better than doing them in a hurry and ending up making mistakes.
3) Do what works best for you
When it comes to studying, everybody has a different way of easing themselves into the subject and understanding it. It is essential that you do choose the technique that makes you comfortable with the subject and makes it enjoyable.
Some people find studying alone more comfortable while some people find group studies better. You can choose any way of studying till you find it comfortable and productive. When you know which type of approach works best for you, make sure to configure the environment accordingly. So if group study is your forte then you can arrange for a schedule and venue to gather to study together.
Apart from choosing the best technique, it is also vital that you choose the best time to study. A good time will be when you can study with total concentration and don’t get distracted during your studies.
4) Take a break and reward yourself
It is really essential that the student doesn’t get burdened by the load of studying. This makes it important to take a break once in a while. Every time you feel that’s “it’s just a bit too much now”, just take a break and do something else.
Studying for CA exams doesn’t mean that you have to entirely leave your hobbies behind. You have to make time for the things you enjoy doing while also focusing on the exams.
Studying 24 hours a day won’t get you the desired results and will end up making you unproductive and frustrated. Although qualifying CA requires hard work, it is important that you factor in the things that give you the essential break.
5) Develop a strong will power
You have to create a strong will power for studying for CA exams, no matter what it takes. You have to persistent about the fact that you want to clear all the stages of the CA examinations with good marks.
Decide how much you want to score in the examination and prepare accordingly. You have to give yourself clear and precise intention. Being clear and precise does not mean deciding that you want to pass the CA examination, but it means setting up a goal to finish a part of the syllabus within a given time frame.
The task you have allotted to yourself has to be analyzed properly by you and has to be completed on time. You have to plan out a strategy and a plan to finish the syllabus by dividing it into goals that you have to achieve.
To wrap up
Preparing for the CA examination is not easy, but a strong will and discipline in studies can help you sail through. These pointers will add impetus and motivation for CA students and give them guidance on scoring well in this competitive exam.
Apart from focusing on the above CA motivation tips and watching CA motivation videos, one of the final motivation tips for CA, that couldn’t be stressed enough is to take care of your health. This is the thing most of the students ignore while preparing for CA. Not only you have to prepare for the exams keeping in mind the motivational tips mentioned above but you have to regularly ensure that your emotional or physical health don’t get effected.