14 Feb WHAT TO DO AFTER CA – FOUNDATION/CPT EXAM?
So, you’ve given CA-CPT and now you want to know about what to do afterwards. Don’t worry we got you covered for that.
Take some rest and while you are free, you should make a strategy for your future. There is no need for getting stressed by thinking about results; however you must evaluate your status and possibilities beforehand. This is your chance to get ready for the future while you have the time for it.
Remember the 6 P’s “Proper Prior Planning Prevents Poor Performance”.
You don’t need to start the studies for CA intermediate immediately but you must know and inquire about the difficulty level which is going to rise as you enter the next level. One of the best things to do that is to consult your seniors or faculties who will be able to tell you things which will be beneficial in future.
NOW, here are some things that you can do to ensure you get the winning edge over your contemporaries:
Set Clear Goals/Standards about your studies
As a wise man once quoted “you can’t hit a target you can’t see“. Getting a strong and clear picture is essential for your growth in any area of your life. Decide your study hours, study pattern and strategy. And show your determination by following that pattern with total discipline.
Inquire about the CA – Intermediate Registration Process and the Syllabus in advance.
There would be a huge rush when the dates for CA – Intermediate Registration are announced and there would be a shortage of books related to intermediate course.
How are you going to avoid that? Simple, prepare beforehand. And it will be great if you can learn some fundamentals about the courses as well.
Here are the subjects that you will be studying in CA-Intermediate course.
Subjects covered in Intermediate Course
Paper-1: Accounting (100 Marks)
Paper-2: Corporate Laws & Other Laws (100 Marks)
Part I: Company Law (60 Marks)
Part II: Other Laws (40 Marks)
Paper-3: Cost and Management Accounting (100 Marks)
Paper-4: Taxation (100 Marks)
Section A: Income-Tax Law (60 Marks)
Section B: Indirect Taxes (40 Marks)
Paper-5: Advanced Accounting (100 Marks)
Paper-6: Auditing and Assurance (100 Marks)
Paper-7: Enterprise Information Systems & Strategic Management (100 Marks)
Section A: Enterprise Information Systems (50 Marks)
Section B: Strategic Management (50 Marks)
Paper-8: Financial Management & Economics for Finance (100 Marks)
Section A: Financial Management (60 Marks)
Section B: Economics for Finance (40 Marks)
Which Mode of Study/Preparation are you selecting?
There are usually a few popular modes for study when we talk about the CA- intermediate preparation.
- Go for Coaching Institutes – This will be a great option for you if you are short on resources and want to clear your concepts with the help of expert faculties who will help you with the resources which may be hard for you to get by yourself.
- Self-Study – If you are familiar with the syllabus and if you prefer preparing for the exams by yourself then you can go for self-studying. One thing which you should understand before choosing this mode is that you can only get a little support/resources if decide to self-study. Visit the website of ICAI for further help.
- Online Courses -This is good for those who can’t go for coaching institutes due to distance problems or any other reasons. There are a lot of institutes who are providing this facility for students online.
Select the Institute
This is the next task for those who want to study/prepare with the help of coaching institutes. For those prefer self-study, we wish you good luck. But for those who want to go for coaching institutes, this is a vital task because the coaching center or institute you select will play a huge part in your success and future journey. One of the great things about coaching centers is the resources that you will get along with expert guidance.
Get the Books and Study Material
If you decide to go for the self-study then selecting books and gathering study material is important for you. Consulting your seniors or mentors or teachers will be a great place to start from. Get a clear idea about the syllabus and the study material required to ensure you get a good understanding of the concepts. Visit the ICAI website to get more info about the course and various procedures.