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A Complete Study Guide for the 30-Day Course on Preparing for the CA Foundation Exam
Passing the CA Foundation exam is one of the most important requirements for becoming a chartered accountant. Although it is difficult to study for this exam in 30 days, but it is possible with the correct approach and commitment. You can improve your chances of success and make the most of your preparation time by following this guide.
Understanding the Format of the Test
The CA Foundation exam consists of four papers:
- Accounting principles and procedures
- Business Laws
- Statistics, business math, and logic
- Business Economics
Day 1–3: Initial Planning and Evaluation
Make a study plan, allot 10 to 12 hours each day, and allocate the time based on your areas of strength and weakness.
Make time for frequent breaks to maintain focus. In this period, create a study plan for your studies which shall include some time for meditation or morning & evening walk to make your mind relax. Avoid social media and hanging out with friends.
Allocate days with name of topics for each subject for day 4 to 20 on the level of importance. This will help you finish important topics first.
Days 4–20: Phase of Core Preparation
Principles and Practice of Accounting:
- Start with the most basic topics and go towards the complex ones.
- Daily practice of questions through the scanner to understand where you are actually standing and how to present answers in the exams.
- Go over the previous day’s concepts & questions.
Business Laws and BCR:
- Take note of significant acts and their key provisions.
- Learn important legal definitions and terms, write and comprehend them on a daily basis, and use mnemonics to help you remember things better.
Mathematics and logical reasoning:
- Start with basic concepts.
- To become an expert, solve at least 20 problems each day.
- Focus on time management when solving problems. -Practice mental math, and routinely practice statistical concepts.
Business Economics-
- Daily reading of current affairs
- Mind mapping of challenging topics
- Focus on theory and conceptual understanding as you practice responding to multiple-choice questions.
- Keep up with business news.
Days 21–27: Review and practice tests
- Take a methodical approach to each subject; focus on the ones that have been identified as difficult.
- Solving practice problems is crucial.
- Examine key concepts and formulas.
- Review your own notes.
- Mock test preparation involves completing a minimum of one complete test each day, closely monitoring your mistakes, setting a strict timer, and simulating exam conditions.
- Make improving speed and accuracy your top priorities.
Days 28–30: Final Preparations
Last-minute advice includes going over important concepts and formulas, focusing on important topics of each subject, effectively managing your time, reviewing common mistakes, and keeping a composed and easygoing demeanor.
Get everything ready, make sure you meet exam requirements, organize your study materials, get enough sleep, and do a quick review on exam day.
Important Study Tips
- Effective Study Techniques
- Use the Pomodoro technique, which involves studying for 25 minutes and then taking a 5-minute break, to create mind maps for challenging subjects.
- Previous year’s practice questions
- To better grasp difficult concepts, watch lectures on video & try to do question on your own.
- Health and well-being
- Maintain a regular sleep schedule, eat a balanced diet, drink lots of water, and take regular breaks which shall be abstain from social media & fun friends.
Conclusion
At StudyBytech, we help students to create such plans for each student and help them complete the course in 30 days in the best possible manner. One needs to be committed, create a plan, and perform well in order to prepare for the CA Foundation exam in 30 days. Take care to put conceptual understanding ahead of rote memorization. Maintain a positive attitude as you prepare and follow your study schedule because consistency is crucial.
FAQ’s
Yes, passing the CA Foundation exam in a month is possible. even if you only know some of the material in the curriculum.
In conclusion. We have already talked about how difficult the CA foundation is, and the answer is that it is, and passing it calls for diligence and a good study plan. The ability to apply concepts to real-world situations, solve problems effectively, and fully understand the curriculum are all requirements for students.
The CA Foundation’s registration is valid for three years. A candidate has five more chances to pass the CA Foundation exam if they are unsuccessful on their first try. Additionally, the candidate is exempt from paying the registration price once more.
Under the ICAI, students who meet specific educational requirements can enrol directly in the second level, the CA Intermediate Course, and bypass the CA Foundation course.