How should CA aspirants deal with covid-19?

The entire world is facing a crisis because of covid-19 and many of them are finding their own ways to make the best use of this period. As all of us are in lockdown, it is better to keep us involved in something or the other so that we do not fall prey to negativity and its effects.

As CA aspirants, this lockdown period is a golden opportunity to all of you. This is the time you can reflect a lot on your preparation, revisit some of the topics if you had not touched it earlier. Thanks to connectivity, there are a lot of online sessions and learning resources available for CA intermediate as well as CA final subjects.

This covid-19 has put a lot of pressure on the coaching institutions to come up with webinars, video sessions, online crash courses, and so on to help CA aspirants be on the flow. If you are a part of any of the CA institutes in Chennai, you must be aware of their classes, what measures they have taken to cope up with the present situation. 

Try to make the best use of online classes, video lectures, webinars that are announced as a part of your CA final classes. You get a lot more time and space to practice, take a lot of assessments that are conducted by your CA coaching institute.

You can even connect with your friends via networking applications like Zoom or Facetime to have an online discussion regarding the topics that you are learning. This is simply the new way to recreate the traditional group study method. You can even reach out to your faculty member if you feel you are in need of any clarification. They would be glad to address your concerns.

With CA inter exams round the corner, spend a lot of time practising previous year question papers and RTPs. You should be having study notes that you had taken during your CA inter classes in Chennai, take them and brush those topics to get an idea of what you had learnt during the classes.

Prepare a schedule to prepare and most importantly stick to the schedule. Consistency in efforts and strong determination to succeed are the two main factors that will help you focus on what you want. Do not listen to any sort of negative comments, it is always best to stay away from negativity. Chase your dreams and you will achieve them.

Top strategies to clear upcoming CA inter and final exams

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, practice and practice : 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 intermediate classes, take a lot of mock assessments that are conducted by your coaching institute.
  2. Take 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. 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 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 coaching institutes who offer CA intermediate 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. 

Guidance to determine the best CA coaching institute in Chennai

How do you land up in one of the best CA coaching institutes in the city? This question runs in the minds of a lot of students as well as in the minds of the parents of CA aspirants. 

Here are a few basic guidelines to choose the best CA coaching institute:

  1. The institute must have a reputation on its own – no student will be happy to settle down in an institute that is low on its reputation as they are investing their future
  2. The team of faculty must be professionals who are the best in industry with several years of industrial experience
  3. No CA academy can succeed without the dedicated efforts and commitment of its faculty
  4. The institute must follow the guidelines provided by the ICAI with respect to the curriculum, its updation, the regulations, amendments, and so on
  5. The classes must be structured in such a manner where no subject gets missed and the classes must be able to provide a comprehensive coverage of the subjects
  6. Students are in a generation where there are a lot of information sources available and connectivity is getting stronger day by day – this presses the fact that CA institutes must provide their students with the right amount of qualitative information
  7. Strength of the batch is really crucial – the size of every batch is essential as overcrowding can result in ineffective teaching as well as learning
  8. Faculty must be available to address the concern of students with respect to doubts, queries, and so on
  9. CA aspirants keep themselves packed with their own preparation schedule so online classes, webinars, practical training sessions, and crash courses can help students who wish to prepare for the exam in short notice
  10. Mock assessments and live practice sessions should be very similar to the ICAI examination pattern so that students are well aware of the examination style and the type of questions asked
  11. Learning resources such as video lectures, notes, assignments, books, and so on have to be made available to students and all the learning material must be overlooked by the faculty so that there is no irrelevant content anywhere 

If you are looking for all the above features, Fundazone is the best CA academy in Chennai with a team of constantly working highly experienced professionals. They have classroom sessions as well as online classes to help students learn from their own place at their own convenient time.

The following factors might be misleading if you do not consider any of the above listed points before deciding upon a coaching institute:

  • If the institutes charge you more for either buying their learning resources or for your participation in their classes
  • False advertisements where an institute can guarantee you a certificate as a qualified CA (which might be fake most of the times)
  • Remember that no CA institute can ‘make’ you a chartered accountant without your efforts and constant preparation (do not trust such fancy advertisements or announcements from fake institutes)
  • CA coaching academies are anchors for your preparation and they help you come up with clear strategies for approaching the exam
  • Do not blindly believe that if you enrol in an institute, you can become a chartered accountant. It takes a lot of effort, time and strong passion to achieve 

Preparation strategies for CA intermediate and final exams

CA Intermediate:All of you must be knowing that the intermediate level has a total of 8 subjects that are divided into 4 subjects under group 1 and another set of 4 subjects under group 2. The group 1 and group 2 exams are conducted separately. 

It is advised that students focus their preparation based on the subjects in each group. When it comes to group 1, the subjects like Corporate laws and other laws (paper 2) and taxation (paper 4) are felt to be a little difficult among two other papers which are accounting and cost and management accounting.

In the same manner in group 2, advanced accounting has been considered as a difficult paper among the other three of them.

Students can follow the below strategies to prepare for the CA intermediate level:

  • First things first, students have to understand the topics under each paper so that they can concentrate on those topics that carry a lot of importance
  • Once you understand the subjects, you can go ahead and learn about the various learning resources that are available for each subject
  • One important thing is to stick on to particular textbook so that you don’t get misled anywhere
  • Try and enrol yourself in the CA intermediate classes offered by any of the best CA coaching institute so that you can be sure that you are on the right track
  • When it comes to CA intermediate, it requires a lot of efforts from your side, especially for papers such as taxation, corporate and other laws
  • You cannot miss out the topics like amendments when it comes to corporate laws
  • For papers like taxation, first cover direct taxes before you move on to indirect taxes. Under direct taxes, do not miss the income from various heads
  • Have consistency in your preparation : divide each day in such a manner where you get time to solve a lot of problems as well as to learn the theory as theory part can be scored well
  • Take a lot of mock assessments offered by your CA inter classes and revise your preparation based on the feedback you receive after each assessment
  • CA institutes come up with online webinars and video lectures as a part of their classes which will be of great help to you because you can learn the lessons from your own place at your convenient time
  • As and when you prepare, try taking short notes that you feel are necessary and take a look at these notes when you are in your stage of revision

CA Final:For those who have cleared CA inter, CA final is one of the major milestones as they are very close to their realization of their dream of becoming a CA.

Most of the students would want to clear CA final in their maiden attempt so that they need not wait for a longer duration to start their practise.

With proper planning and seamless efforts, one can clear the CA final papers in their first attempt. The below list of points will help you focus on the preparation strategy for CA final:

  • CA final new syllabus has 8 papers, each paper for 100 marks and the 8 papers are divided into 2 groups with 4 papers in each group
  • Papers like advanced auditing in group 1 have to be given extra time and effort to master the subject
  • Your faculty in CA final classes must be iterating the fact that you need to solve a lot of problems so that understand the pattern of the examination
  • For CA final, practise is the only keyword and this alone will lead you to sure shot success in your examination
  • RTPs and Practice manual have to be downloaded and practised as there will be a lot of direct questions from practice manuals
  • For papers like corporate laws, focus on amendments largely as there will be questions asked based on amendments
  • For theoretical papers, make sure you get the right keywords while you prepare and take smaller notes of them so that they will help you during the revision times
  • There are a lot of chances of being misled in the name of study material and so on. Be smart enough to rely upon the sources that are available in your learning institute

Any exam can be cleared with master preparation strategies and constant efforts. A strong determination will take you a long way. If you are truly passionate about becoming a chartered accountant, nobody can deter you from becoming one. 

Online classes for CA final with updated syllabus

When it comes to CA exams many of the students are concerned about the classes they have enrolled in. there are a lot of reputed coaching institutes that offer online as well as classroom sessions for all the levels of CA exams.

Students at times are worried about online classes because of the credibility issue of the sessions and chances of information mismanagement. If an institute can address both these issues, they can gain a lot of trust among the students and CA aspirants. 

One such CA coaching institute that offers online classes, as well as classroom sessions for CA final classes, is Fundazone. They are the best CA coaching institutes in Chennai that is run by top-notch faculty team who have several years of experience in coaching as well as industrial exposure. 

At Fundazone, students are given utmost priority by the faculty team and it is entirely a student-centric as well as a student-friendly learning institute. They follow a structured course format that provides 100% coverage of the ICAI syllabus and the course curriculum gets updated as and when it has to be.

The online classes are conducted by the faculty team who are well versed in their subject and they make sure the classes are not completed in a rush. Every faculty at Fundazone is available to answer the queries of the CA aspirants and also to share their personal experiences with respect to preparation strategies.

The following features make Fundazone one of the most sought after CA coaching institutes in Chennai:

  1. Highly qualified faculty with several years of professional expertise
  2. Structured framework of updated syllabus as illustrated by the ICAI
  3. Both online classes and classroom sessions made available for the students and they can choose one according to their convenience
  4. Limited batch strength so that overcrowding does not happen
  5. Individual attention to students to focus on their strengths and weaknesses
  6. Mock assessments as regular practice sessions that cover previous question papers 
  7. Constructive feedback provided by the faculty after each assessment is evaluated
  8. Crash courses, online webinars, video classes to support the study from your own place initiative

Top pendrive classes in TN for CA with ICAI update syllabus

Many CA aspirants would want their coaching centres to be updated in the syllabus that they are offering. There are modifications that might be brought into the curriculum by the ICAI. This is why many of the aspirants prefer those CA coaching institutes who offer classes with ICAI updated syllabus.

There are coaching institutes offers online classes as well as classroom sessions to students and it totally depends on the students to choose their mode of learning according to their convenience. Likewise, the number of students who prefer online classes have been increasing with advancements in technology and connectivity.

Though there are a lot of CA coaching institutes who take care of their students’ convenience and schedule their classes, the following three institutes in Chennai have been doing a great job by providing classes with ICAI updated syllabus. They are :

  1. Fundazone
  2. Sri Sankara Coaching Centre
  3. KS Academy

When it comes to Fundazone, they are one of the top CA coaching institutes who provide CA intermediate classes in Chennai by the leading professionals who are experts in their own domain. 

At Fundazone, the faculty team comes up with live video sessions and webinars to interact with students frequently, to get their doubts cleared as well as to solve a lot of practise papers along with the students. 

All those videos are made available to the students as privately shared YouTube links and also in encrypted USBs. These pendrive classes are found to be of great help to the students as they can learn from anywhere on any of their devices. 

Fundazone has been running an online crash course for the CA final classes that is conducted by a team of faculty who have several years of professional experience. They share with students the preparation strategies, areas to focus on for subjects like Advanced auditing and so on.

The team as well as the students have been successful because the classes are not overcrowded, faculty are extremely dedicated to help each of the students and their regular mock assessments are of great value and students are assessed and given comprehensive feedback to help them prepare accordingly.

CA Online Classes For Preparation

There are a lot of CA coaching institutes in India and all of them are loaded with students and faculty who are experienced in their own fields. But with technology and connectivity ruling the world, it brings out the fact that online classes are more welcoming by the students when compared to offline classes. 

All know that online classes give the freedom to take the classes from one’s own convenient place and also to learn at their own pace. But what makes online classes more efficient? The following points answer this question:

  1. Highly qualified teachers who can impart their knowledge
  2. Structured course module
  3. Lessons or sessions that stick to ICAI pattern
  4. Effective teaching methods (when it comes to online classes students might get lost during the course of the session, it has to be engaging so that teachers can seek better attention from the students)
  5. Flexibility in the schedule of the class (based on the availability of students)
  6. Limited number of student intake per batch (so that teachers can give individual attention to the students)
  7. Effective doubt clearing sessions
  8. Focus on problem solving along with students 

Well, if there could possibly be one institute that offers effective CA inter classes as well as CA final classes in the best manner, then it is Fundazone, Chennai. 

They have the best in domain staff members, structured course modules, well prepared learning resources, regularly conducted workshops, crash courses, online and video classes, limited batch size and well proven mock assessments and so on.

The staff are available anytime to help the students in their preparation strategies and also with their doubt clearance sessions. All their video lessons are made available to students as privately shared YouTube links as well as encrypted USB. With this students can learn the lessons anywhere and anytime.

Now that you know where you can take the CA classes from, it is also in your hands as to how you can make the best use of the resources and your time. Make sure you take the mock assessments without fail as they provide you with comprehensive feedback on preparation strategies to crack the CA exams.

Keep putting in a lot of efforts and do not get diverted from your own track of achieving the dream of becoming a Chartered Accountant.

Tips And Strategies For CA Final Corporate Exams

When it comes to CA, it is all about your hard work, efforts and how you strategize your own preparation methods for any of the papers for that matter.

All of us know that CA is one of the toughest examinations to clear in the country. And when it comes to CA final, then you must be in a lot of pressure and anxiety because you are just a few steps away from realizing your dream of becoming a chartered accountant. 

When it comes to Corporate law, the paper is divided into two sections:

  1. Company law
  2. Allied laws

The marks allotted for the above sections also varies and students have to prepare accordingly. 

Students are expected to have both analytical and application skills when it comes to corporate law. They must be able to apply the law to scenarios and this would make sure how far their understanding is.

It is essential to concentrate on the recent amendments and sections of the laws. As CA final students, it is expected that they are updated with respect to amendments, legal decisions and current laws. They can make use of the journals and other materials from ICAI or fellow CAs.

When it comes to company law, the following topics have to be given importance:

  1. SEBI 
  2. FEMA
  3. Winding up
  4. Appointment / qualification of directors, remuneration / appointment of managerial personnel
  5. Accounts and audit
  6. Meeting of board and its power

There are other topics like Dividends that the students should understand conceptually. They also have to prepare for Allied laws though the weightage it carries is less when compared to company law.

There would be frequent changes in the SEBI guidelines, students are advised to take a note of it regularly.

Students can make the best use of their CA final classes from their coaching institute and take as many mock assessments as possible. The mock assessments will really help the students to do a self analysis on how they can improve their strategies towards preparation for the exam.

Also stay away from any myths and negative statements or comments. Hardwork and practise alone can define success. 

Make the best of all available resources and keep chasing your dreams until they become a reality.

CA FINAL ONLINE CLASSES ON NEW ICAI SYLLABUS

With the CA final exams round the corner, the ICAI has announced the new syllabus and the CA coaching institutes and academies have been updating their learning resources and learning materials.

As a CA aspirant, you can make sure to get a lot of information on the syllabus, the exam pattern, the mock assessments and so on from experts in their respective fields. With the advancements in technology, many of the coaching institutes have come up with video lectures and online classes.

You can opt for online classes and do the preparation from your home at your own convenience with the help of the video lectures and sessions. The video lectures are also made available as privately shared YouTube links as well as encrypted in USB drives.

Fundazone, one of the finest CA final classes in Chennai, has come up with ‘learn from home classes’ on the new CA Final syllabus for Advanced Auditing and Professional ethics. The key features of this program are :

  1. You can login and learn from your home
  2. You can attend the session through your laptop / desktop or your mobile
  3. The sessions are handled by professional faculty who have a lot of experience in the industry
  4. The classes are scheduled from 6th April to 5th May, between 7.00 am and 9.00 am

Fundazone has always been a pillar of support to many of the CA aspirants and they have produced a lot of CAs who have emerged out with flying colors.

Their core strength is the faculty team of well qualified and highly professional members with so many years of industrial experience. They do not have their classes crowded with students but they limit their batch size so that every student is benefited from the classes.

Their syllabus is well structured and confines to the pattern of ICAI. All their learning materials are found to be very useful for the students during their times of revision. 

The faculty are available to support the students anytime on their doubts and even assist them in providing strategies for a successful preparation. 

Do not miss their periodic mock assessments which are an integral part of their CA final classes as you are not only evaluated but you are provided with comprehensive feedback to fine tune your preparation.

HOW TO CRACK CA EXAMS IN THE FIRST ATTEMPT?

While many of us know that CA exams are considered to be one of the toughest examinations to get through, there are a number of successful students who had cleared the exam and achieved their dreams of becoming a chartered accountant.

There are a few basic thoughts to keep in mind before you even think of clearing the exams in the first attempt. They are:

  1. Be clear as to why do you want to study CA? If you answer this question, and if you have a clear answer to this question it i going to take you places
  2. If becoming CA is your passion, keep your passion alive and keep fueling your mind with the same thought. It’s a different mind game altogether
  3. Be sure you know the entire course format, the subjects it has, the sub groups and importantly the changes that keep taking place in the subjects (basically you need to keep yourselves updated)
  4. Devise your own plan and schedule your time accordingly. Make sure you plan well in such a manner that you have to a separate time slot for revision
  5. Hard work is important but what’s even more important is the smart work
  6. Be a part of one CA academy or a CA institute and focus on their sessions and learning resources as they have experienced professionals handling sessions and sharing their own mistakes while preparation
  7. Make sure you take part in their mock assessments because they usually follow the ICAI pattern and you can analyse yourself when you take a lot of self assessments
  8. Focus on your weaker areas, see how well you can improve on them, practice a lot 
  9. Keep revising the amendments and regulations
  10. Prepare notes as you study because these notes will come handy during the revision times
  11. Most importantly follow one particular textbook for a subject because when you have too many resources, they might be misleading
  12. Practise a lot of previous exam question papers and clear your doubts from your tutor or your teacher in the CA academy
  13. Take good care of your yourself, get enough sleep, keep your mind in peace
  14. During the exams, do not think about your previous papers or past performance, just focus on what’s right in front of you

With all the above steps, you are sure to clear any exam and CA exam is not an exemption to it.