CA May EXAM 2020 CANCELLED – TO BE MERGED WITH NOVEMBER EXAMS

The current situation of pandemic has brought in a lot of changes to everyone’s normal life and CA aspirants are no exemption to the same. In view of the present condition, taking into account the safety of the students, ICAI has cancelled the May 2020 examinations. 

The ICAI has further said that May 2020 examinations will be held along with the November 2020 test. 

This is definitely an unexpected move by the ICAI but still the safety of the students is all the more crucial in the present time. But as a CA aspirant, you have the only choice of viewing it as a positive one so that you do not get affected by the changes happening around you. 

Staying strong and focused can help you get over the unexpected changes and try even harder to prepare for the upcoming examinations.

You must be aware that there are a lot of CA coaching institutes who are also trying their best to stay connected with their CA aspirants and provide them the best training service even during these tough times.

One such CA institute is Fundazone, which is the best CA academy in Chennai has been doing a great job by keeping the CA aspirants stay on the edge of their preparation. With effect to the lockdown period, Fundazone has come up with ‘learn from your home’ classes, which are predominantly discussions in real – time webinars, face to face interactions where students can:

• Login and learn from their home
• Attend the classes through mobile / desktop / laptop 
• Learn from the best faculty who have several years of professional expertise 

All these webinars are scheduled in convenient times and are targeted to practice for the upcoming November 2020 exams. Students can make the best use of these online webinars to gain clear clarity of the concepts.

Moreover you get to learn from experts for the CA final new syllabus and the classes are also held for intermediate level.

They also have video classes for all the subjects and all the lessons are made available to students by privately shared YouTube links and as encrypted USBs. Periodic mock assessments are central to their training and students receive comprehensive feedback after each assessment so that they can focus on how to improve their areas of weaknesses.

Students can reach out to the faculty in case of any doubts or clarifications and the faculty will be available all the time to extend their support to aspirants.

HOW TO PREPARE FOR CA FOUNDATION EXAM- A COMPLETE GUIDE

The CA foundation was previously offered as the CPT exam or the common proficiency test and later it has been replaced as the CA foundation course by the ICAI.

The CA foundation exam hsa the following subjects:

1. Principles and practice of accounting 
2. Business law and business correspondence reporting (two parts each)
3. Business mathematics and logical reasoning and with statistics (again considered as two parts that are for 60 marks and statistics for 40 marks)
4. Business economics and business commercial knowledge 

It is essential to score a minimum of 40 percent in each of these papers and a minimum of 50 percent overall aggregate. The third and fourth paper will consist of objective type questions and there will also be negative marks for a wrong answer.

The paper 1 will seem to be easy for those who come from the commerce background and they just need to brush their basics before appearing for the exam. The second paper is really important and it will include all the corporate laws and regulations pertaining to businesses and governance. It is essential that students take notes as and when they prepare so that they can make use of the notes for revision. 

The paper 2 also calls for good written communication skills just to match the communication skills of the current era of CAs. 

Paper 3 requires a lot of practice and students will be advised to take a lot of mock assessments that are offered by the CA coaching institutes because students need to gain accuracy and excellent problem solving skills. Taking a lot of assessments will help students keep a track on their timing to attempt the objective type questions. 

The ICAI website itself has a lot of learning resources such as revision test papers, mock test papers, solved previous year question papers, and so on. Students can make the best use of these resources and the key to success in clearing the CA foundation is a lot of practice and that has to be consistent. For those students who take up the foundation exam after their 12th standard, statistics paper might seem a little difficult but this too can be mastered with regular practice and attempting mock assessments that are conducted by a lot of CA institutes.

The paper 4, business and commercial knowledge is a theoretical paper and students have to ensure that they are strong in the fundamentals of the subjects. It is a mix of both objective and theory papers. 

Having the right resources of information and learning material, devising a proper strategy for oneself in terms of preparation and regular practice can take them to the trail of success. As often said, ensure you stay positive and determined throughout your journey and work hard to achieve your goals.

As a CA aspirant, if you are struggling to find the best CA academy that can assure you success, it is definitely Fundazone. They have been instrumental in the success of a lot of aspirants.

PREPARE FOR YOUR CA EXAMS FROM HOME

During these times of lockdown, all of us are totally in a different situation and each day has been bringing various challenges. So this period has become a blessing in disguise because we are not going to get back these days.

As CA aspirants, you can make the best use of this time to focus on your preparation for the CA exams as well as to devote a lot of time in practising various topics. Never listen to any of the negative stories as they might be demotivating. All you need is the right mindset and the right access to reliable resources in terms of learning.

Most of you must have been a part of any of the CA coaching institutes and you might have been preparing for the CA final or CA intermediate exams. In these tough times, a lot of CA institutes have come up online classes and webinars just to help CA aspirants stay rooted in their passion of learning.

One such institute that has been in the limelight to help CA aspirants is Fundazone. It is one of the finest CA coaching institutes in Chennai and the faculty team has come up with ‘learn from your home’ classes for both CA inter as well as CA final subjects. All their ‘learn from your home’ classes are discussed in real time webinars – face to face interactions.

All these online webinars are conducted by professional faculty with the best subject knowledge and those who have several years of industrial experience. All these ‘learn from your home’ classes are targeted for this year’s November exams and the CA final classes of this category will comprise the new syllabus (Direct taxes, SCM and Performance evaluation, financial services and capital market, International taxation, Financial reporting, and so on).

Fundazone always limits their batch strength to provide undivided attention to each and every aspirant. Students can enrol in these online webinars and can login and learn in real time from their homes. They can in fact attend these sessions through their mobile / desktop or laptop. 

They have such online webinars that begin from the third week of June and the classes are available for every subject of CA final new syllabus. 

This is the perfect time to concentrate on your preparation strategies and stay focused as you stay indoors. Fundazone also has announced about Hybrid classes that comprise both physical classroom sessions along with online webinars that will be a part of CA intermediate classes also.

Make the best use of these lockdown days by enrolling yourself in these ‘learn from your home’ classes and be consistent in your efforts so that you can crack the CA exams with ease.

Best Books For CA Foundation Exams & Strategies To Crack It

CA foundation level is one of the initial steps in your journey of becoming a chartered accountant. As a CA aspirant, you would be having a lot of dreams about your career and your professional travel in the finance industry. But it is also equally important to remind yourselves that you are in a tough journey and you should be strong enough to crack each level and realize your dreams.

You might have a lot of questions about the right learning resources for CA foundation such as textbooks, question papers, notes for revision, and so on. There are a lot of CA coaching institutes who offer both classroom sessions as well as online sessions for various subjects of all three levels of the CA exams.

You can try and enrol yourself in any of the CA academy that has the best teachers and trainers for the subjects of all levels. This is because if you can be a part of the best coaching institute, the rest will automatically fall into place like access to right resources, taking mock assessments, and so on.

One of the best CA coaching institutes in Chennai is Fundazone, which offers the best coaching for every paper of the CA exams. They partner with highly qualified professionals who have several years of experience as practising chartered accountants. They also have video lectures, practice sessions, regular mock assessments, and make sure you are able to have a peaceful and strengthening learning journey on the whole.

Here are a few strategies that you might need to follow in order to crack CA foundation:

• Practice a lot and try to solve a lot of question papers so that you can understand the question pattern and analyze the difficulty levels
• Try to focus on RTPs and MTPs that are available on the ICAI website 
• There is no thing known as the best book or best academy for CA but a few books like Fundamentals of Accounting for CA – CPT by P.C Tulsian and Bharat Tulsian, CPT Grewal’s Accountancy by M.P Gupta and B.M Aggarwal, Mercantile Laws for CA CPT by P.C Tulsian, Quantitative Aptitude by P.N Arora, are the most popular books used for fellow CA aspirants
• Make sure you take a lot of mock assessments that are conducted by your CA coaching institute and ask for feedback after each assessment so that you are able to improve your learning methods
• Focus on statistics and logical reasoning as practising a lot can help you score in this part of the paper
• Prepare short notes as and when you prepare so that you can make use of them during revision and on the day of the exam
• Devise a proper preparation strategy and try to be consistent in your efforts and learning so that you do not miss on the track
• ICAI allows you to use calculator and when you solve question papers, do it by having a time check 
• Stay positive throughout the process of learning and ignore any sort of negative comments as this will help you have a sound mind during the times of preparation and exams 

Best Recommended CA Intermediate & CA Final Books 2020

Whenever it comes to CA intermediate or CA final or any other competitive exam for that matter, aspirants are always worried to choose the best book for their preparation.

No wonder there are a thousand books for one particular subject and are also available in the market. But what is important when you choose a particular textbook for a subject are the following:

• Always ensure the author of the book is highly qualified in the respective subject, if he or she is practising chartered accountancy
• Look out for the number of problems that have been solved along with step by step procedure so that you can understand the techniques to crack a problem
• Few authors’ textbooks are really valuable as they would have taken enough efforts to solve previous year question papers 
• Since there are a lot of textbooks, do not get lost in the process of choosing one, seek the help of your seniors or those who are practising chartered accountancy
• Do not forget this : make sure you follow one particular textbook for a subject by one author as multiple textbooks lead to confusion rather than clarity
• Though you might have a number of textbooks it is important you solve a lot of problems from the previous year question papers, RTPs, MTPs and so on
• There is no such thing known as the best book but it all depends on you and how you make the best use of available learning material apart from the textbooks

Try and make sure you enrol yourself in any of the best CA coaching institutes who can offer CA final classes with the best faculty.

There are a lot of CA intermediate institutes who have come up with ‘learn from your home’ classes to help CA aspirants stay on the edge of their preparation during this lockdown period.

You can make this period effective by taking those online webinars, practice sessions, mock assessments, and their regular doubt clearing sessions.

The benefits of these CA classes include the best preparatory notes, accessibility to a variety of learning material, past year solved question papers, strategic counseling by the experienced faculty, and so on.

Fundazone, is one of the leading CA coaching institutes that has been offering CA inter classes in Chennai to a limited number of deserving CA aspirants. Their class notes, periodic mock assessments, video lectures, pendrive sessions, and so on are being very well received by a lot of CA inter as well as final aspirants.

Best Tips, Strategies, Insights Of CA Inter And Final Exams 2020

 With CA inter and final exams round the corner, all of you must be in the stages of revision of your preparation. There might be a few of you who would be on the verge of completing a few topics and practising them. 

Let me share a few simple strategies that will help you to clear the upcoming CA inter as well as the final exams:

1. Practice should be your mantra : Practice is the only key to approach any subject in the CA inter and finals. You have to be smart enough to plan your days accordingly, where you get enough time to study theory as well as solve problems. When I say practise, it means you have to be keen on resources such as the RTPs, MTPs, previous year question papers, and so on. Assuming that you are a part of the CA inter classes, take a lot of mock assessments that are conducted by your ca institute.
2. Consider each mock assessment as your final exam : this is very crucial because mock assessments can help you do a self analysis on where you stand in terms of preparation as well as understanding. After your CA final classes get over, do not refrain yourself from taking part in their assessments and practice sessions. The faculty team will provide you with comprehensive feedback that will help you focus more on the weakness. This will give you a glimpse of the examination pattern as well as the type of questions.
3. Follow a trusted learning resource : since there are a lot of CA aspirants, there are an equal number of learning resources in the form of textbooks, question papers (solved and unsolved), video lessons, online lectures, tutorials, and so on. Do not get misled at any point of the time by material that is not reliable. For subjects like taxation, make the best use of the practice manual (PM) from the ICAI. In the same manner follow one particular text book for a subject so that you get used to the terms and the context of the book.
4. Make the best use of online classes : this is the right time to leverage on the online classes and webinars that are conducted as a part of the CA inter or final classes by a lot of CA coaching institutes. Many of these sessions will be of great help to you as you can take the guidance of your faculty and do a quick revision of selected topics. A lot of faculties make themselves available during this lockdown period to help the aspirants in the best way possible.
5. Be consistent in your efforts and determined enough : consistency and determination go hand in hand because they drive each other towards success. Keep revisiting the topics that you feel you should give one last check. Take short notes as and when you prepare because these notes will save a lot of time during the exam. You can just have the notes as a last minute revision manual.
6. Stay positive and cheerful : surround yourself with positivity and do not stress yourself at any point of time. Take enough rest and get good sleep. This will help you stay cheerful throughout the days of your examination. There are a lot of CA coaching institutes in Chennai who offer CA intermediate and final latest syllabus online classes in Chennai, along with the best preparation strategies to clear the inter and the final exams. Believe in yourself and keep giving your best. 

Preparation Strategies For CA Final Exams Preparing Students

With CA final exams approaching, all you need to do is allot time for the subjects you feel you need to improve on.

This can be extremely possible if you can utilize this lockdown period very effectively. 

There are simple and basic tips that you need to adhere to so that you do not feel the pressure on the day of your exam. 

• First things first, do not surround yourself with any sort of negative comments and plan your time effectively and stick to the schedule so that you don’t fool yourselves
• Do not spend one entire day on one subject just because there is a lot to cover up
• Make sure you focus on the amendments and regulations
• Try and enrol yourself in the online classes or webinars that are offered by some of the best CA coaching institutes in Chennai because this is the best period to stay indoors and make the best use of technology and connectivity
• Focus on rtp and mtp issued by the ICAI, watch out for its release and allocate some time to prepare from them as they follow the pattern of the examination
• Make sure you take notes as your prepare so that you can use them on the day of your exam
• Most importantly as many of the successful CAs say, follow one good book to prepare and do not get lost by following so many materials
• Get enough sleep when you prepare because you need to stay fresh when you give your exams
• Stick to your own strategy but make sure you seek advice from your faculty who can guide you better and make sure you are confident about your strategy
• On the days of exam make sure you reach the exam hall at least ahead of 30 minutes so that get some time to relax and keep yourselves calm

Last but not the least, make sure you follow the guidelines you’d learnt from your CA final classes.

Giving tips or suggestions can sound really easy but I know it is you who are going to put yourselves into the tunnel to reach the bright light waiting at the end of the tunnel.

If you are passionate enough, your efforts shall be sincere and consistent and this will drive you to reach your goals.

Best Online Preparation Site For CA Exams 2020

As CA aspirants, all of you must be looking forward to choosing the best option when it comes to learning material, CA coaching institute, a platform to take up regular mock assessments, proper resourceful information regarding the syllabus, examination pattern, and so on.

Especially this lockdown period has made all of us go into a gloomy state and CA aspirants are no exception to this situation. With exams round the corner, it is highly crucial to make the best out of this lockdown time and find out ways how you can make it productive.

Fundazone, which is the best CA academy in Chennai, has come up with a special initiative known as ‘learn from your home’ classes in order to help CA aspirants stay on the edge of their preparation.

These online classes are made available for all the papers of both CA final and CA intermediate levels’ new syllabus.

The ‘learn from your home’ classes are made possible by real time webinar based face to face interaction sessions where students can login from their home and on their own personal devices.

These sessions are handled by the best qualified professionals who have several years of professional teaching experience.

You can make the best use of those scheduled online sessions and revise your preparation strategies accordingly.

Fundazone has a lot of online learning material that include video based lectures, previous years question papers, practice assignments, and so on.

Make sure you utilize this period to take a lot of mock assessments so that you can make your practice a consistent one.

The team of faculty at Fundazone will provide you constructive feedback after each assessment on the areas that you should focus more on.

Make yourself a part of the best CA institute learning platform and come out with flying colors with sincere efforts and directed guidance. 

Online Classes During Lockdown Period. Face To Face Classes Post Lockdown

This lockdown period has left all of us in a gloomy state. But most of us are trying to get back stronger to reach our goals and to keep up our spirits high. 

For CA aspirants, this time is a little difficult to handle as they have their exams round the corner, they are on the verge of completing their revision, a few of them are definitely missing their CA coaching classes. 

In order to keep the CA aspirants stay on the flow of their revision and also to utilize this lockdown period effectively, a lot of CA coaching institutes in Chennai, have come up with online classes to cover the most important topics of the subjects in both intermediate and final levels.

One of the best CA intermediate institutes in Chennai is Fundazone, and they have taken the best possible steps to help each and every CA aspirant stay motivated from their online classes.

Fundazone has come up with ‘learn from your home’ classes as a part of their CA final classes as well as intermediate sessions. These classes enable students to learn from their home on their own personal devices like laptop or desktop. 

The highlights of these ‘learn from your home’ classes are:

• Classes handled by professional faculty who have several years of industrial as well as teaching experience
• Students can login from their home and participate in the sessions from their own convenient devices
• Web based real time interaction with the faculty who have the best subject knowledge and are dedicated to provide real-time learning experience 
• All the classes are available in online mode and the classes will be pertaining to the new syllabus for both intermediate and final levels
• The classes are spanned until October this year in order to provide support and guidance to the aspirants to face their November exams

Fundazone has also been in the plans of starting face to face interactive classes very soon post lockdown for CA inter level which is targeting the November examinations. The details for the same shall soon be updated on their website. 

For all of their ‘learn from your home’ classes as well as face to face sessions, they limit their intake so that the faculty can spend a lot of time on each candidate to address their concerns and provide crystal clear concepts.

Their regular mock assessments will help you gain comprehensive feedback after attempting each of them so that you can focus on your strengths and devote a lot of time on your weaknesses. 

Although his period can get your going tough, it is equally important to stay positive and leverage on the advantages of staying indoors by enrolling yourselves in such online classes and utilizing the period effectively.

Revised Syllabus Of CA Inter And Final Exams 2020

According to the new syllabus, the CA intermediate classes level has about 8 subjects that are divided into two groups. The following are the new 8 subjects:

1. Accounting 
2. Corporate laws and other laws (Part I – company law Part II – other laws) (any new legislations will be included in the syllabus)
3. Cost and management accounting
4. Taxation (direct taxes and indirect taxes)
5. Advanced accounting 
6. Auditing and assurance
7. Enterprise information system and strategic management  (section A will be Enterprise Information management and section B will be strategic management)
8. Financial management and Economics for finance (section A Financial management and section B Economics for Finance)

Group 1 will comprise Papers 1, 2, 3 and 4. Similarly remaining papers 5, 6,7 and 8 will fall under group 2.

You should have enrolled yourself in the CA inter classes offered by your coaching institute. But if not, you can make the best use of this lockdown period to enroll yourself in the classes that Fundazone has been offering. Fundazone is one of the finest CA coaching institutes in Chennai and they have some of the best industry professionals with several years of experience as faculty members.

They have come with online classes, learn from your home classes and webinars to help CA inter and final aspirants to stay in the flow of their preparation. If you are preparing for the CA final, you can enroll in their CA final classes that are handled by the best faculty who make sure they give you the best opportunity to understand the depth of the syllabus.

Regarding the CA final exam syllabus for the year 2020, the following is the gist of the syllabus, the 8 papers, that is being under practice for the current year:

1. Financial reporting
2. Strategic financial management
3. Advanced auditing and professional ethics
4. Corporate and economic laws
5. Strategic cost management and performance evaluation

The Paper 6 has subdivisions such as the following:

6A. Risk management

6B. Financial services and capital markets

6C. International taxation

6D. Economic laws

6E. Global financial reporting standards

6F. Multidisciplinary case study

7. Direct tax laws and International taxation

8. Indirect tax laws

What is really important when you are taking any exams in the CA, is that your amount of efforts will determine the success in your exams. Make the best use of online classes, video lectures, mock assessments conducted by the reliable CA academy, RTPs, Practice manuals, previous year question papers, and so on during this period and gear up your preparation strategies.