Tuesday, 30 June 2015

How to Get a Rank in CA Final Exams?


I did not get a rank in the CA Final exams, so I'm probably not completely qualified to answer this. But I'll give my two cents and not disappoint anonymous who asked me to answer this.

1. I never took tuitions for any subject. Now, this does not mean that you should not seek help for subjects that you might be struggling with. But, not taking tuitions helped me focus primarily on the Institute's material, which helped immensely. So, do not underestimate the Study Material, Practice Manuals, Suggested Answers and RTP's. Do everything that the Institute gives you. Everything! There is nothing more authentic.

2. I took the CA Final in November, 2013, which was my first and only attempt at these exams. I realized that I could write a lot in questions that seemed a bit "out of course" to many others because of the experience I had gained in my Articleship. So, try to learn as much as you can in your CA training. From a learning point of view, I think a varied experience of direct and indirect taxation, corporate laws, auditing and accounting at a mid-sized firm that promises adequate job-rotation is more beneficial than a training at a big firm that will put you in just one role for three years.

3. Shift your focus from getting a rank to getting every answer right. This helps in taking undue pressure off your head. You have no control over who scores better or worse than you. But you have complete control over your will to become a Chartered Accountant who can solve every problem. This change in attitude will help you in a much better way all through your life than just getting a CA rank.

4. Treat every subject with the same level of priority. Your knowledge of one subject may be better than that of another, but remember not to get overconfident.

5. Just do your best and leave the rest to God.

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