Get 60 Marks In Accounting In CA Inter Exam

As you are already aware that in order to crack the CA Intermediate examination your score should be a minimum of 40% in each subject and 50% in aggregate of all the subjects. Our aim is to make sure that you stay above average so let’s see how to score exemption in ca inter taxation or more than 60 marks in the Accounting exam.

First of all, let’s see the ca inter marks weightage of the topics that have been given by the ICAI.

Sections

Weightage

Content

1

20%-25%

Process of Formulation of Accounting Standards

The framework of Preparation and Presentations of Financial Statements

Application of Accounting Standards

2

20%-25%

Accounting for Special Transactions

3

20%-25%

Special Type of Accounting

4

30%-35%

Company Accounts

 

If you see the table given above you will notice that almost all the topics have equal ca inter marks weightage which clears one thing that you have to study everything. You should not be skipping any topic from the syllabus.

The Accounting exam in CA Intermediate level is practical which makes it comparatively easier for a lot of students. In this exam, you need to have more hands approach rather than mugging up the theory. A lot of writing practice is required in this exam because you would be solving so many questions throughout the exam so it’s better to have a habit of writing to manage time and finish the exam properly.

If you are someone who is preparing for an Accounting exam, here’s another tip for you. Understand the concept and then practice right after. To elaborate on the previous sentence, what you should do is, read and comprehend the concept theoretically but once you think you have understood it do not wait and quickly do some questions so you can have a tighter grasp over it. This approach works on multiple levels. It helps you in comprehending the concept, it helps you in your written practice, you solve questions and more importantly, you remember it for a longer period it is etched in your mind.

If you are someone who solves previous year's papers then here’s something that’ll help you in finishing your preparations quicker. You can avoid doing the previous year’s questions because the chances of those questions repeating this year are highly unlikely. However, do not misinterpret this suggestion. You can avoid the questions, not the topic. Study everything.

Do not study selectively. There are going to be many articles online that will tell you the important topics for the exam. Do not fall into that trap. The thing about this exam is that you cannot avoid everything. You anyway don’t have to memorize this exam so take advantage of that fact and practice as much as you can.

You may feel that some topics of the subjects are a little tougher. Well, don’t get disheartened here’s how you can get over that. Refer to your RTPs and MTPs for the previous year’s papers. Of course, as we mentioned above you can avoid previous year's questions but you can however, understand how a particular question is solved by going through its solution and then try multiple questions of the same concept to get a better grasp on it.

Accounting Standards, the creation of IND AS and IFRS, concepts vs. adoption, aims, and the principles of carve-outs are all among the most crucial and straightforward topics on your syllabus. According to the CA Intermediate past year questions and current trends, Accounting Standards is worth 20 ca inter marks weightage on the exam. Answer as many of the practice questions as possible, and don't forget to learn from the most recent and updated materials.

You will undoubtedly encounter an amalgamation-related question in your accounting papers, which range from 8 to 16 marks.

On average, each section on accounting for incomplete records and partnership accounts is worth 8 marks. The problems are solvable, and in lengthy and usual questions, stepwise marking is given. An average of 5 marks of ca inter weightage are covered through Hire Purchase.

It is therefore recommended to start with accounting standards before moving on to IFRS and IND AS. Read the theory in your compiler, then use the practice questions and answer key to complete the exercises.  You should attempt to answer as many questions as you can because practice makes perfect, as is well known.

Making a good plan is one of the most crucial aspects of exam preparation. Create a written revision plan according to the ca inter weightage. Set a goal to finish the entire subject in a specific number of days.

The first revision should be finished in no more than 20 days. Review each idea and all of its related questions during the first revision. Concentrate on your presentation and approach questions like you would in an exam.

You've already remembered your curriculum after one revision. Solve the ICAI-issued RTPs for the current and previous attempts to understand the ca inter marks weightage. Look for and concentrate on your issues. Answer the questions from previous tries.

Concentrate on your trouble spots in the second revision. You are not required to answer every query. Your primary concentration should be on the concepts you find challenging, the questions which have higher ca inter-marks weightage, and the problems with multiple choice components, but don't forget to review the fundamental ideas as well. It must be finished in no more than 10 days.

Solve at least two mock test questions using suitable exam techniques. This will assist you in developing your confidence and overcoming your exam anxiety. You will learn about the issues you encounter while writing a paper. You are welcome to participate in the ICAI's regional branches' Mock Test Papers.

You can learn what to do and what not to do during your final examinations by using CA exam test series. A few revision test papers and mock exam papers from CA Exams Test Series should be practiced.

If you believe that any of your concepts are not totally clear, you should review them or seek the advice of professionals so that you can master them. Once all of your concepts are understood, you won't be afraid to attempt new CA Inter Mock Test Series problems and you'll feel secure when tackling such papers.

This is the main reason that each subject needs to be thoroughly explained, so you cannot avoid it at all. Keep your confidence up, work hard, and don't forget to revise. You will undoubtedly pass the Intermediate CA exam with a high rank and exceptional grades.



Download Studycaller App and get free certified Copies & Revision Notes