How To Get 80+ Marks in Accounts in CA Foundation?
Standards and Practice of Bookkeeping is one of the four subjects in the CA establishment course that is thought of as the most significant. This is an extremely fundamental and clear paper for competitors with a foundation in trade. Those who do not come from a business background must work on improving their fundamentals. The maximum score for this exam is 100, and with additional preparation, it is feasible to achieve a good score in this topic. This subject has a lot of room for increasing the total percentage score. To do well on the paper, you must continually practise the paper and constantly figure out the difficulties.
Make sure you don’t miss out on any questions. You may not have a clue about the whole answer for an inquiry but rather attempt to make sense of whatever number strides as could reasonably be expected and get those imprints! Guarantee that you add a functioning note any place important to make your response point by point and comprehensive.
The following are a couple of points which are vital regarding CA Establishment Test subsequently zeroing in additional on them would be better
- Partnership Accounts is very Important to the CA Foundation Level. You will find in excess of 10 imprints from that section as it were. Consequently focusing on it is significant.
- When it comes to Final Accounts do focus on certain topics especially calculation of GP ratio, trading concepts and profit and loss. All these topics come frequently in the exam.
- For Company Accounts do give more preference especially to Redemption of Preference Shares and Redemption of Debentures. These chapters are time consuming but they will definitely reap the fruits in the exam.
- You shouldn’t forget that this exam is theoretical so you can’t ignore accounting concepts and accounting policies. You also need to practice more and more on questions that have multiple concepts amalgamated together in one.
- Transfer Records have a ton of ideas to go through and it likewise incorporate mathematical and pragmatic inquiries which require a great deal of drudgery. These questions are lengthy and exhausting that is why it necessary to practice such questions more frequently.
- Even if you are from Commerce background, journal entries can be complicated so make it a habit of solving these questions on a daily basis just to keep these concepts on your finger-tips.
- Last but not the least, the study material provided to you by ICAI is more than enough, you don’t have to go through multiple books to learn the same things just in a different language. Rather practice more and more test papers. CA Exam Series provides the most efficient test series for CA Foundation. Solve the test papers to sharpen your skills and improve your acumen.
To sum up all that is mentioned above, your concepts should be clear, you have to practice a lot questions on entries, keep solving as much as possible test papers and ICAI study material is more than enough for preparation. The more you tackle, the more certain you will be. Framework of the question and execution of time table is very important. Revision is must.