Subject-wise plan to clear CA Foundation Nov. 2022 exam
Hey CA Aspirant, are you going to appear for CA Foundation Nov 2022 Exams? At the time of exam, you will face anxiety and stress because Chartered Accountancy is considered as one of the toughest courses. So for your ease, here we are sharing subject-wise planning to help you clear CA foundation Nov. 2022 exam successfully.
CA Foundation is a partially subjective and partially objective exam. For CA Foundation Nov. 2022 exam, the registration process begins in June. So you have approx. 4 months for preparing CA foundation Nov. 2022 exam.
Now, you have four months (120days) to prepare for this exam and have four subjects. Below we provided a CA foundation Nov 2022 preparation plan which is followed by CA Foundation Toppers also.
CA Foundation Subjective Wise Preparation Plan
Paper 1
Subject – Principles and Practices of Accounting
Exam Type – Subjective
Maximum Marks – 100
“Principles and Practices of Accounting” is the first paper carrying 100 marks. If you are a commerce student, you can score high on this subject and make this subject as your strength. Accounting is a subject that needs practice on a daily basis. And if you are a commerce student then its practice on daily basis will also help you to get a good score in 12th standard also.
Paper 2
Subject – Business Laws, and Business Correspondence and Reporting
Exam Type – Subjective
Maximum Marks – 60+40
This second paper is divided into two subjects: business laws and business correspondence and reporting.
The subject Business Law gives you a basic understanding of the General Laws prevailing in our country. This subject carries 60 marks. It is an easy paper to learn but need revision on a daily basis.
Next subject of paper 2 is Business Correspondence and Reporting. This is a newly inserted subject in the CA Foundation new scheme pattern. It is in general a business communication exam. This is a part of PAPER – 2 and will carry 40 marks in 2nd paper.
A student can score high marks in this exam as it is basically a English language testing paper and a strong base in English student can score high. This paper does not require daily practicing, you can practice this subject on alternate days.
Paper – 3
Subject – Business Mathematics, Logical Reasoning, Business Statistics
Exam Type – Objective
Maximum Marks – 40+20+40
The First subject of third exam is Business Mathematics carrying 40 marks. The business mathematics is nothing different than the mathematics that you have studied in commerce or science in class 12th.
But, for a non-mathematical student, it will be a challenge. However, this will be an objective type paper, so you can score on this subject by more and more practice. Practice the mock test papers and previous year papers regularly.
The second part of the paper -3 is the Logical Reasoning which carries 20 Marks. The course syllabus is very general and scoring in this part is far easy compared to the above part. Regular practice of the MCQ based questions can flow you in a perfect direction.
The third part is Statistics in Paper-3. If you are a non-mathematical background student, then you have to practice more of this subject as it involves probability of occurrence of certain things.
Paper 4
Subject- Business Economics and Business and Commercial Knowledge
Exam Type – Objective
Maximum Marks – 60+40
The next subject came across is Business Economics and Business and Commercial Knowledge.
The first subject of paper 4 is Business Economics that carries 60 Marks. Scoring in this subject is easy if you are from a commerce background or have studied economics as one of your humanities’ subject. This is an objective paper so you can practice the questions on regular basis.
The second subject of paper 4 is Business and Commercial Knowledge. This is a newly introduced subject by the ICAI in CA Foundation course. This Subject carries 40 marks. This is a theory exam, and easy to understand.
The one main thing that a chartered accountancy aspirant keep in mind while planning for CA foundation Nov. 2022 exam, to finish the syllabus two months before the exam. Revision of syllabus for at least three times is require to score good marks in CA Foundation exam and one month is more than enough only for the revision purpose.
You can begin reading with the subjects that are unfamiliar to you, such as Business Laws or Business and Commercial Knowledge. You should also practise one paper of accounting or business mathematics, statistics, or logical reasoning every day as these are high-scoring topics.
Begin with two or more subjects and work through them in the allowed time. By alternating courses in a single day, you will complete the course much faster and will not become bored with the same subject. And if you take all of the subjects on a regular basis, revision will not take long.