Most of the students are juggling with the question on how to prepare for CA Foundation May 2023 exams?. If you have the same question troubling then you are on the right article as here we will tell you some important tips on CA Foundation preparation.
“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”
― Abraham Lincoln
The same ideology work on preparing yourself for any exams which means that the major portion of you study time should be spent in making a strong fundamental and theoretical aptitude and then when you start working on practical problems, it will be an easy task.
In this article, we will try to help you in preparing yourself for CA foundation exams in May 2023. We have identified two approaches that can help you to channelize your energy and time in a proper way to make success inevitable.
One of the approaches deals with psychological balance which helps you, to keep yourself positive and focused throughout your study period.
The other approach is more practical, which analyze the subject, course, assessment pattern and infuses your study time, accordingly.
Must Download: CA Foundation Study Material 2023
For Best Results: Join CA Foundation Online Classes
5 Must-follow Advice While Preparing for CA Foundation May Exam 2023:
First, let’s discuss how to prepare for CA foundation by maintaining physiological balance throughout the course.
1. Regular Exercise
Indulges yourself in some physical activity for 15 min a day. Being consistent with 15 min workout is sufficient time to boost your energy to a significant level which will help to keep you awake for a longer durations.
2. Eating Healthy
Eating lots of vegetable and fruits would help you in keeping a proper digestive system, and the problems caused by long sitting duration like gaining weight, leg cramps and headaches can be avoided. Eating nuts like walnut, almonds help in building a strong memory.
3. Spending Time with Family
Keeping yourself aloof all the time in your study room may diminish your learning capacity. Spending some time with family and sharing your thoughts, revising chapter with friends surely, helps in increasing your learning capacity and also help you to stay away from depression.
4. Reading Newspaper and Magazine
We advise you to cultivate reading habit throughout your course. Reading newspaper, a business magazine or even books by an economist on any subjects on business and economics is an interesting way to keep yourself updated, and this habit will surely make you more confident.
5. The daily timetable for students preparing for CA foundations exams
| Regular exercise | 15 min |
| Eating healthy | 10 min |
| Spending time. with your family | 30 min |
| Reading newspaper and magazine | 20 min |
| Total | 75 minutes a day |
Once you are in the proper mindset and proper health, half of the battle can be assumed as” already won”.
General Tip – To avoid errors in your CA foundation admit card detail (like name, center, medium etc.), you should double check your details before submitting the CA foundation exam form.
The next Approach is the practical one which involves following practice.
Identifying your weak and strong points and managing your time to sharpen your skill in that particular area.
ICAI has introduced a new learning scheme, which emphasis on developing technical and analytical – Know how to match with international standards. CA foundation exams are held twice a year in the month of May and November.
The bifurcation table of the CA Foundation syllabus for May 2023, according to the assessment and timetable for the subject is given below.
| We assume student can give daily 7 hours to their study timetable which makes 1260 hours for six months, against available 4320 hours. ( 24 hours in a day * 30 days * 6 months) |
| Knowledge (theoretical) | Application (practical) | Subjects | Time (we suggest to be given) |
| 5%-20% | 80%-95% | 1)Principle and practice of accounting(s) | 300 hours |
| 50%-65% | 35%-50% | 2a)Business laws(s) | 200 hours |
| 100% | Business 2b)correspondence and reporting(s) | 100 hours | |
| 100% | 3)Business mathematics and logical reasoning(o) | 300 hours | |
| 40%-50% | 50%-60% | 4a)Business economics(o) | 200 hours |
| 100% | 4b)Business and commercial knowledge (o) | 100 hours |
Total numbers of hours for every subject: 1200 hours
Where Principle and Practice of Accounting, and Business Mathematics and Logical Reasoning are subjective papers, and Business and Commercial Knowledge, and Business Correspondence and Reporting are a quantitative one.
We will further discuss how to prepare for the CA foundation in 2 months for practical and theoretical syllabus.
CA Foundation Preparation for Theoretical Part
We suggest students make one register for all the theoretical aspect of the subject.
The theoretical question mainly start with the following below given points.
List?
State?
Define?
Explain?
Recognize or identify?
Classify?
Students should write an answer to such question for all concepts, provision, theories and principle, terminologies under syllabus of particular paper.
Try creating a complex problem using verbs like comprehend and explain? Or Identify and Explain for a proper understanding of the subject
We are suggesting a 6-month timetable for students that can help them to cover their syllabus of CA Foundation May 2023 exams in a given period of time.
| Month | Practical Study | Theoretical Study |
| First month | 60 hours (2 hrs daily for month) | 90 hours (3 hrs daily for a month) |
| Second month | 60 hours (2 hrs daily for month) | 90 hours (3 hrs daily for month) |
| Third month | 150 hours (5 hrs daily for month) | 90 hours (3 hrs daily for month) |
| Fourth month | 150 hours (5 hrs daily for month) | 90 hours (3 hrs daily for month) |
| Fifth month | 180 hours (6 hrs daily for month) | 60 hours (2 hrs daily for month) |
| Sixth month | 150 hours (5 hrs daily for month) | 90 hours (3 hrs daily for month) |
| Total hrs | 750 | 510 |
We suggest every student analyze their own knowledge and behavior and can use this timetable to organize their time, with necessary amendments.
Frequently Asked Questions
Q 1: Is it important to practice through previous year question paper?
Ans: Yes, it is important to go through previous CA Foundation question papers mock test paper, sample paper, of same ICAI approved syllabus.
Q2: How to study in the first two months of preparation?
Ans: We suggest student cover their theoretical part in first two months. This will help the student to have a proper understanding of the subject and will make the application part easier. You can refer to the time table given above in this article
Q 3: How To study in the third and fourth month of preparation?
Ans: Third and fourth month are the most crucial time of your CA Foundation preparation. During this time you have a proper understanding of your subjects and you start the application of this knowledge to solve problems. You should give more practice time during these months. You can refer to the table above for further classification.
Q 4: How to prepare for CA foundation in last 2 months?
Ans: Please refer to our article CA Foundation last month preparation.
Q5: How to prepare for CA foundation without coaching?
Ans: It is possible to prepare CA foundation without coaching. You can refer to the article above for help. It is advisable to study under experienced guidance.
Hope you have got the answer of how to do CA Foundation preparation in six months.
If you want to know more about CA Foundation exam pattern and marking scheme, please read our article CA Foundation exam pattern.
We wish you all the best and keep yourself healthy and organized.
