Students must know that CA exams aren’t similar to other school-level or graduate-level exams. The CA course necessitates students’ thorough preparation and a professional and well-structured approach when attempting the exam.
As you clear the CA Foundation and move ahead, the course syllabus gets tougher and more challenging. Therefore, it is accurate to say that clearing these exams has no shortcut, but only hard work and commitment will ultimately pay off.
VSI Jaipur, in this post, uncovers some of the main causes why students fail in the CA examinations. Once you know the most challenging aspects of CA exam preparation, you can overcome them and get the best CA exam result. However, we’ll also tell you the solutions to these problems so that you can overcome them easily.
Is CA Exam Tough?
Students consider CA exams tough because of the lower pass percentages and the absence of a well-planned approach. Some students clear the exams in one attempt, whereas others take multiple attempts. However, with proper guidance and preparation, it is possible to score well and get a rank in CA final exam. VSI Jaipur students have made it possible by achieving AIR 1 seven times in the last ten years. So why can’t you?
Now, let us check the reasons why students fail exams.
Five Reasons Why Students Fail CA Exams
1. Lack of Planning & Poor Management of Time
Whether taking the Chartered Accountancy examination or any other professional exam, students need proper planning.
Students fail to divide time among various subjects. This is because they feel that they can start preparing for any subject at any moment they want. However, the CA curriculum is vast. So, you must prepare a solid plan and manage your time wisely.
While there is no specific strategy for clearing the CA exams, guidance about time management strategies and an overall plan might be advantageous to applicants. Try to use the ABC analysis strategy. The A category has topics that are easy and covers more marks. Category C has topics that are hard to study and are less likely to come. And the rest in the B part.
2. Ignoring ICAI Study Materials
Students often choose to learn from the material of other authors and dump ICAI’s study material. The major reason is that they don’t realize the importance of the ICAI’s material.
ICAI has a benchmark and expects students to answer in the same manner. Thus, it is crucial to read Institute materials, as they will help you write well and improve your presentation skills while answering the paper.
Moreover, ICAI regularly publishes mock test papers, revision test papers, etc., and students fail to take advantage of these resources.
3. Inadequate Presentation Skills
Numerous rank holders of CA exams have stated that they achieved rank because they had the necessary and appropriate writing skills.
Inadequate presenting skill is another leading cause of failure in ICAI examinations. So unless you focus on your presentation skills while writing, you will never understand what error you are making with each attempt and why you are failing.
4. No Appropriate Time Allocation for Revision
The major reason for not getting the desired CA Final result is the lack of revision. Lack of revision affects your memorization. Moreover, merely reading has no value if you don’t try to revise what you have learned or covered previously. Most students state this as their common reason for failing CA exams.
5. Attempting Mock Test Series without Preparation
Trying test series without finishing the course material is a waste of time. So please evaluate your level of preparation before signing up for the exam series. With the advent of online learning, you have the option to take a series of examinations of your choice.
Moreover, if you haven’t completed revision at least once, attempting these revision test series isn’t useful. If you appear in the mock test series after course preparation, you can assess the shortcomings of your preparation.
How To Avoid Failing CA Exams?
1. Understanding your Mistakes
Failure is a great chance to evaluate your errors and ensure that they will not repeat again. So, VSI advice all the students to analyze what mistakes they made during their last CA exams.
Was it a lack of preparation, attempting insufficient mock tests, lack of conceptual clarity, no time management, writing speed, or improper presentation skills? Note all your mistakes and ensure that you address all these mistakes while preparing for your next attempt.
“Practice makes perfect,” as the saying goes. After thorough study, you will still need time to review and take practice exams. Mock test questions and revision test papers from the ICAI are advisable for test preparation. Further, test series improve your last-minute preparation and boost your confidence.
3. Put the Habit of Writing
Today’s world is rapidly abandoning the practice of writing. On smartphones and laptops, our fingers move more quickly. But your speed slows dramatically as soon as you pick up a pen and attempt to write on paper.
Hence, put into the habit of writing from day one for CA exams. It may include writing your notes, attempting more mock tests, and writing notes when attending lectures. Further, improve your presentation skills simultaneously when you are improving your writing.
4. Start Preparing Early for the CA Exams
If you have the habit of preparing two-three months before the exams, it won’t help you, and eventually, you have to drop the idea of being a CA because the CA exams course content is vast. Hence, you need to start preparing from day one. Join a CA Coaching to keep track of your studies.
The CA Final exams require all the students to prepare as early as possible. Due to the vast CA final course, they won’t be able to complete the syllabus on time.
Clearing CA exams becomes easier when you focus on your preparation and study religiously. So keep working hard, avoid these common mistakes, and clear the exams. With VSI Jaipur, start your CA preparations.