CA FOUNDATION PREPARATION TIPS FOR FRESHERS

CA Foundation is the entry level examination for the Chartered Accountancy Course. It helps to prepare a student mentally for the CA Course and sets a base for the CA Intermediate and CA Final level.

Related: CA Foundation Course 2024

Some CA Foundation Preparation Tips for Freshers are:

1. BE DETERMINED 

Firstly, you should be determined and mentally prepared when you start preparing for the CA course. You should be self-motivated to study with concentration and not to waste your time. You should be ready to dedicate 4-5 years of your life to CA course. This is a must before you start your preparation for the first level of the CA course, i.e., CA Foundation.

2. SELF STUDY OR COACHING?  

When you pass your Class 12^th, you should immediately register for CA Foundation if you really want to pursue CA course. You shouldn’t waste any time. Once you register, you can either go for self-study or coaching. Coaching will help you save your time as you don’t have to understand all the concepts by yourself. Your teacher will explain them to you. The teachers are experienced and know the exam pattern and weightage very well. This is an added advantage of coaching.

3. FACE – TO – FACE, LIVE OR RECORDED CLASS?

Once you decide to go for coaching, you might get confused whether to opt for face – to – face, live or recorded classes. In this time of pandemic, face – to – face classes are not run by many good institutes. Hence you can take live classes or recorded classes depending upon your preference. Recorded classes ensure self-paced learning but you have to be very disciplined to study at regular time daily, however live classes will make you sit at a regular time, ensuring discipline triggered by external forces.

4. TIPS TO BE FOLLOWED DURING PREPARATION

Once you start studying, you should follow the given CA Foundation Preparation Tips for Freshers –

• Be attentive and regular in the classes.
• Don’t engage yourself in other activities during the classes.
• Study the concept taught in class daily within 15 – 20 minutes.
• Do your homework daily and link it with the previous topics of the chapter for deep understanding.
• Ask even the simplest of queries from your teacher. Don’t hesitate.
• Practice as many questions as possible.  
• Once the syllabus is over, start revising all the chapters again.
• In  the first revision, do all the questions of your Comprehensive Coaching Material or the Institute Study Material and mark the important ones.
• In theory, read all the theory portions to better understand the concept and underline or highlight the important lines in it.
• Make short notes or flashcards for the things which need to be learnt as it is for last day revision. You can even paste them on your study room’s walls. 
• Practice short cuts and calculator tricks well and try to increase your speed on the calculator by using it more and more even during oral revision.
• Properly allocate your time to 2 subject per day in first revision.
• In second revision, do only the marked questions and highlighted theory portions.
• For objective papers, practice more and more MCQs to score well.

5. SUBJECT WISE CA FOUNDATION PREPARATION TIPS FOR FRESHERS 

The subject wise CA Foundation Preparation Tips for Freshers are as given below:

• Paper – 1: Learn to use calculator tricks. Written practice is the key to score good but don’t neglect theory portion too as it will help in better understanding of the concepts. The answers must be presented in a proper format.
• Paper – 2:
  • LAW: Learn the important section numbers and do a lot of written practice in order to score good. Case study questions must be presented in a proper format.
  • BCR: Practice at least one question from each format given in writing section to score good. 
• Paper – 3: Learn short cuts and calculator tricks to solve the questions quickly. Short cuts are explained in each coaching institute, so need not worry about them. Don’t avoid reading theory. There are 10 – 15 questions from theory portion. Practice Logical Reasoning as much as you can.
• Paper – 4: 
  • ECO: Have a clear understanding of graphs, charts, assumptions, etc. to understand and apply the concept in application oriented questions.
  • BCK: Don’t waste much time on mugging up Chapter – 3. It can disturb  your time apportioned to other chapters. Read all the concepts thoroughly.

So, go for it and don’t be scared by the new subjective pattern. You all can nail it easily. You can pass with flying colours if you are attentive while studying, hard-working and a consistent student. 

All the best!