Students, less than a month is left in your CA Final Nov 2023 exams, and you must be in a dilemma on how to revise such a vast course in just one month and how to make a CA Final Revision strategy for the last month. Don’t be afraid that you are in the worst position and now nothing could be possible. There are still many students who haven’t completed their course yet, so you must consider yourself lucky enough that at least you have completed the course, and now it’s time for revision. Give your 100%, ICAI will give you 50%, and that’s what you need to clear this exam.
In order to get a good CA Final result, you must make a study plan; you must revise your course at least three times before the exams and practice a lot of questions to gain clarity over the concept. But if you are sharp enough to recall everything in one revision, then don’t waste your time. It’s time for hard work with complete dedication. You need to study 15 hours daily.
CA Final Preparation Strategy for the Last One Month
Here, we are going to tell you how to utilize such a short time and clear the CA Final in just one month –
Decide on a Single Group or Both Groups
The most important part of CA’s final preparation strategy is deciding whether to go for a Single Group or Both groups. Most of the students found themselves in this dilemma. We will suggest you consider your preparation and ask yourself whether you have prepared enough to give both groups this attempt. If yes, then go for it. But if not, then don’t waste your time in both groups. Instead, you should thoroughly prepare for a single group and work with another group in the next attempt. These six months will help you in the long run.
Make a TimeTable
Don’t dare to start your revision without a timetable; otherwise, after ten days, you will find yourself in a position where you have completed one subject now, and seven more subjects are left. So, prepare a genuine timetable covering all the subjects, leaving at least 3 days for the first exam preparation. Divide the time between each subject according to your capability. Don’t prepare a Timetable according to the days. Instead, you should allocate hours to each topic in a day. This is the best possible CA final Revision strategy for the last month.
Check the CA Final exam dates for the Nov 2023 attempt from this page.
Don’t stick to theory for the Entire Day
Maybe you are planning to divide 3-4 days per subject but trust me, this is the worst idea unless you are a bit intelligent than others. Either you should take 2 – 3 subjects per day and set a time to complete your goal. The reason behind this is that taking theory for an entire day can be a bit boring, make you sleepy, and lose your effective hours. Instead, it just increases your labour hours. So, allocate time to both practical as well as theoretical subjects in a day properly.
Prepare At least One Subject for Exemption.
Students, it is a bit natural that everyone has one weak subject in which we just pray to score 40% minimum marks. It may be ISCA, which is quite technical; DT, which is very vast; or AMA, which needs your concepts to be very sharp, or IDT, in which GST has been implemented. You have to prepare one subject in such a way that covers your aggregate marks.
Note* – The CA Final exam form is available for the Nov 2023 attempt. So, it is advised to fill out the examination form soon.
CA Final Revision Strategy for Last Month
Make the Short Notes for the Exam Day
CA Final Study Strategy for last month must start with making quick revision notes. You may either refer to a summary book or prepare your handwritten notes for the exam day in order to revise. If preparing summary notes is wasting your time, then skip it and go with the summary modules of some teachers. But remember, whatever material you are planning for the exam day, you must have gone through it before. DO NOT go with fresh material on the one-day preparation leave.
Cover RTP and MTP
Students must cover RTP and MTP as soon as they complete the subject. Consider it as a part of your revision. It will show you a true picture of how to attempt the paper. Don’t wait to complete all the subjects and thereafter start RTP and MTP. Instead, you should cover RTP at the same time. It does not take you much time as it covers either one or hardly two questions from each chapter. You can opt for MTP at last. Download the pdf of the ICAI CA Final previous year papers and the VSI CA Final mock test papers to prepare for the Nov 2023 exams.
Focus on Amendments
ICAI always wants you to be updated with the laws and provisions, so don’t skip the amendments. Try to cover them at first, especially when we talk about subjects like DT, IDT, and Law.
Mnemonics for ISCA
Most of the students consider ISCA as a weak point to clear their CA Final. The reason behind this may be facing difficulty in learning the technical language and also recalling such points in the exam. Hence, you are suggested to use mnemonics to learn this subject. You can search for it either on Google or use some teacher’s notes who used to teach this subject with mnemonics.
Must Cover AS, IND AS, and SA
It is a very scoring part of Accounting and Auditing AS IND AS, and SA is easy to read and take less time in comparison to other parts. Besides this, they are very scoring but never write the wrong number of AS, IND AS and SA. If you are unable to recall such a number, start with the name only.
Write the Section Numbers
You might be thinking that you had a good score in IPCC without writing the section numbers. But students, this is CA Final, not IPCC, five times tougher than IPCC. At the IPCC level, your basic knowledge of sections is tested, but at the Final level, ICAI wants you to be an expert in all the subjects. You can miss the subsection or clauses, but try to write all the section numbers. But if you are not able to recall it in the exam, then don’t quote the wrong section number. Instead, you can start with “As per the provisions of Income Tax Law 1961…. “. Writing a Section number is the best preparation strategy for Sections.
Cover Relevant Part First
We do not suggest our students go for selective study, but as time is very short so it’s better to cover the important topics first, which have been shared by your teacher. Cover those topics of all the subjects first as your teachers have vast experience in this field. They know the questioning pattern of ICAI, so cover their suggested topics first.
Watch the Revision Videos
Instead of wasting time on revising the entire concepts, you can watch the revisionary videos available on YouTube, which helps you a lot in revising the concepts, and you can directly start with the questions.
Revise the PM
ICAI has a tendency to ask questions from the PM. So, if you have already gone through the PM earlier, then it is better to revise PM; however, it’s a bit difficult to revise PM like AMA, but you can select some questions that you think are worthwhile for the exam purpose.
The presentation is an important part of CA Exams. Don’t take it lightly; it gives you relevant marks. So, consider the ICAI Material, either SM, PM or suggested answers, and observe its writing pattern carefully thereafter, start practising the questions. As far as theoretical subjects are concerned, you need to explain what the examiner is asking for and thereafter write the relevant provision along with the section number. Finally, you should give your conclusion along with case law, if any.
Manage your Time
Attempting the complete paper is actually a dream of most of the students. It might be you are taking it as a joke, but ICAI papers are very lengthy and need a good speed to attempt the complete paper. Start working on it now if you haven’t started working on it yet. Whenever you are taking Mock Test Papers, give yourself time at least 15 minutes earlier than the actual examination. This will take you into the practice of how to attempt the complete paper.
Important Points Summarized for Last Month of CA Final Preparation
- Candidates are advised to go through all the important topics of the CA final course and should make topic-wise notes. This will help CA final candidates to go through one day before the exam.
- During the last month of the CA, Final candidates must only do revision. They should solve practice manuals, revision test papers, and mock test papers.
- CA final candidates must know how to manage time because it is very important that CA final candidates complete their CA final papers on time. Therefore, CA final candidates are advised to practice according to the time-bound format.
- The most important thing for the CA final candidates is that they should strictly solve mock test papers. This will help them to assess themselves, and they will get to know how much they are prepared for CA final exams.
- Candidates must understand the weightage of marks and devote their time accordingly.
- In the last month of the CA final exam, the most important thing is that candidates should study continuously with short breaks.
Last Month’s Plan for CA Final Exam
- Candidates have to plan in such a way that they cover all the critical and important topics first. Also, all the topics in the CA final syllabus are mandatory for the CA final exam, so candidates must not leave any topic for the CA final exam.
- Candidates are advised to do a thorough revision of the entire syllabus and should make notes so on the examination day, candidates can go through all the important points of the topics.
- Candidates are advised to make short notes for each topic so that they can go through easily on the exam day.
Important Points to Note
- Candidates should always try to write and practice.
- Candidates should try to make a self-note for every topic.
- CA final candidates should try to attempt ICAI mock test papers.
- Candidates should practice MCQs for both groups.
- Candidates should try to memorize headings.
- Candidates should make sure that they have cleared all their doubts with the faculties. Because for CA final exams, students must have clear concepts for every topic.
ICAI will soon release the CA Final Nov 2022 admit card on its official website. So, students are advised to download it and take it 3-4 printouts.202
Furthermore, ICAI will release the CA Final Result Nov 2023 on 10 January 2024(tentatively). Along with the result, ICAI also releases the CA Final Pass Percentage or CA Final Toppers list. You can check the result from the mentioned link directly.
Frequently Asked Questions
Q1. From where can students download the CA final syllabus?
Ans: VSI Jaipur provides CA final candidates with a way to download the CA Final Syllabus.
Q2. If a student wants to join the CA final coaching Classes, then where should they join?
Ans: If candidates want to join the best CA final coaching classes, then they should definitely go for VSI.
Q3. How to clear the CA Final in the first attempt?