CA course (or Chartered Accountancy) is more of a journey than a course. ICAI (The Institute of Chartered Accountants of India) conducts all exams of CA i.e. CA Foundation (earlier CPT Exam), IPCC Exam and CA Final. CA Foundation (earlier Common Proficiency Test, commonly known as CA Foundation (earlier CPT Exam) is the first leg of this CA journey. Contrary to popular opinion, CA Foundation (earlier CPT) is not a very difficult exam to crack, provided you follow the right approach.
This article aims to provide guidance w.r.t preparation for CA Foundation (earlier CPT exam) to help you ease through this exam. You can check full syllabus of CPT in the different article
The following are the FOUR MANTRAS you need to keep in mind whilst preparation for CA Foundation
- “None but ourselves can free our minds”
It is of paramount importance to approach the topics with an open mind. Difficulty is just an illusion created by our mind. A positive and open minded approach is the only way to clear CA exams.
Stop focusing on how difficult the CPT exam is supposed to be and start focusing on what got you started with CA in the first place. Believe In yourself and your abilities.
If it helps, write yourself some motivating notes and stick them on your study table.
- “Failing to plan is planning to fail”
Strategizing plays a pivotal role in your road to success. It is imperative that you make a plan that is comprehensive, viable and most importantly a plan that best suits you and your preferences. Execution of the plan is just as important.
Ensure that all the goals set for that particular day have been achieved before you go to sleep. If that doesn’t happen, try to compensate for it the next day. Try to avoid focusing on one particular subject (i.e. Accounts, Economics,Maths,Business Law)
Treat all the subjects as your significant other. A simple rule applies here: The more you give, the more you get.
- “Surround yourself with Greatness”
This mantra is all about creating a conducive environment. An environment that makes you feel comfortable, relaxed and motivated at the same time.
Allow yourself to let go of thoughts, people and situations that mar your chances of success. Try to create a peaceful environment that makes you feel focussed and at ease while studying.
Surround yourself with things and people that motivate you and inspire you. In the words of Oprah Winfrey, “Surround yourself with people that lift you higher”.
- “Practise makes Perfect”
Consistent practise and revision is the key. Given that a large chunk of CPT exam is practical questions, it is crucial that one solves as many problems as possible on a regular basis.
This will not only boost your speed of solving questions but also give you an understanding as to how to approach different types of questions. And also, consistent revision is a must when it comes to theory subjects.
The more you revise, the better are your chances of scoring higher.Ensure that you avoid rote method of studying. Obtain a proper understanding of the concept. This way, your mind will retain it for considerably longer period of time.
A wise adage says: “You can’t build a great building on a weak foundation.” CPT Exam is the foundation level where you learn the basics which are useful throughout your career.
So build a strong foundation now and enjoy its fruits in the future. As daunting as the task may seem, it is achievable. March forward with zeal, confidence and determination.
With the right amount of work put in, anything is possible.