CA Coaching Updates

What is the Margin of Safety?

Suppose a class 11^th student need 33 marks to pass a paper.

If a student gets exactly 33 marks, then he will be a pass. These 33 marks are called Break-Even-Point Marks.

If a student get marks above 33, then such excess marks shall be safety marks for him hence shall be called Margin of Safety Marks (i.e. bonus marks in layman language)

Similarly, Margin of Safety means Sales above Break-Even Point Sales. Profit is ZERO at BEP Sales. The company makes a profit only when the margin of safety sales occurs.

Student after registering for CA foundation often get confused about their study preparation. Work harder and smarter, this should be the motive of all aspirants.

Charted accountancy as one of the toughest exam conducted by the statutory body of ICAI (Institute of Chartered Accountants of India). Among lakhs of registered aspirants, the only bunch of them qualify to be a CA.

CA  have currently replaced CPT (Common Proficiency Test) and is going to be tougher than CPT. This can be registered after completing 10+2 examination.

This exam is definitely not a piece of cake and requires full dedication and hard efforts smart planning.

First two papers in the course are subjective, and later two are objective. The students are advised to start preparation with the 12th standard.

1) Stick to the timetable

Planning is always the first step. To win any war, you require a full proof planning and so do you require here as well.
Distribute your 24 hrs. into fruitful time ranges and schedule it properly.
Do not miss intervals for mental boosting.
Start your day with theory and then practical. Finally, end your day with revision.

2) Everyone needs a coach- join coaching institute that makes you progress.

The student does pass on their own but with just boundary marks. However, it’s just not the marks you require. In the long run, you have to have a clear understanding of every concept, 

Coaching is clearing the fog of doubt in your potential and making it shine brighter than the sun.

3) Never miss Statistics and Logical Reasoning

Logical reasoning – 20 marks

Math’s and Statistics- 80 marks (40 each).

Most of the time non-math student do face a problem scoring in these subjects. So it’s always good advice to focus more on this subjects.

4) Own Revision Notes makes it easier

Revision is a must. And making your own notes are most preferred as they are easier to understand and you end up getting grasping concepts easily.

5) Command over Calculator

ICAI do allow students to use the calculator because of the lengthy paper. Now it’s up to students command over calculator that can also turn the table around. Students have a good command often save time to solve hard questions. For this learn short-cut keys like M+, M-, and G etc.

6) Short Nap

You can’t work or study for 24 hrs. Therefore short naps or short intervals are necessary for boosting your brain.

7) Do not fool yourself

Give appropriate time for chapter completion. No matter how less chapter is covered it’s necessary to have a clear understanding. You may cover 2-3 chapters a day, but it won’t be of any use if you are not sure of what it actually meant and how to use it.

8) Model Test Papers

Helps in:

• To evaluate your performance.
• To check your time management skills.
• To understand question patterns.
• To know the difficulty of the paper.

9. Focus on Presentation

In the syllabus, the two of them are objective while the other two are subjective. The presentation is very important once you start preparing for professionals.
For this practice your subjective question and then judge them from any professor, teacher etc.

10) Last minute peek

Plan in a way that you can complete syllabus within 3 months. And for the last month book it for revision purpose. Solving question papers, mock test etc. this will not only increase your potentiality but also boosts your confidence.

Thus use your 4 – month wisely.

Above all, you need proper guidance, and for proper guidance, you need to join coaching classes to boost your confidence. Nowadays many online classes are available which are the easiest way to understands concepts. Currently, Scanner Classes are providing online video classes for CA Foundation & Ca Intermediate. They are providing the best content having more than 46 centres in all over India.

Hi there,

You can register for IPCC in your final year of B.Com. That will be a provisional registration and once you are done with your final year exam you can immediately start you one month training of ICITSS.

  Yes there are various coaching institutes for IPCC coaching all over India and also online. All the best.