AIR1CA Career Institute

“One never fails, one just learns from the mistakes💯” From failing in mock test of financial reporting in AIR1CA Career Institute test series by scoring only 38 Marks to securing All India Rank 30 with decent score of 57 Marks (Including 5.5 marks as a grace) in Financial Reporting. Here I would like to highlight few additional strategies that you should do and that I followed to excel in this subject. A. General Points: > Try to analyse the gaps (start with the husstle again since failures are a part and parcel of journey, the better term to potray failures are the learnings that you get from them) > Stick to the basics and if still you have any doubt on them then please get them cleared at the earliest because you can’t afford any single doubt about basics in those 1.5 days B. Specific Points: > Start with the Topic wise strategy (ABC Analysis Technique) Major Ind AS & Topics (50-60% Coverage): 115, 116, 33, Consolidation, Business Combination, 36, Financial Instruments, 102, 19) > Try giving mock tests more frequently to excel in presentation skills & time management > Try solving the big questions (10-12 Markers) more > Idle time for Ind AS Revisions with questions (Post 1st revision): Big Ind AS (Mentioned in 1st pointer)- Maximum 6-7 hours with questions Small Ind AS- Maximum 3-4 hours with questions > Adopt two strategies: 1st is cumulative revision technique w.r.t. the concepts. 2nd is Star ⭐️ technique, so as to identify which question has been repeated multiple times & accordingly identifying LDRs (Last Day Revision questions) > Most importantly, one should stick to the study material > Last pointer is that please have a faith in yourself and in god💯 Note: Please drop your mail id’s if you want to take a look at my evaluated sheet for Financing Reporting or any other subject. I will be more than happy to help. Thanks for being the Patient Reader….. #icai #ca #cafinal #cafinalist #exams #strategy #financialreporting #failure

Do you really need a tower of books as high as this to clear Chartered Accountancy Examination? ABSOLUTELY NOT!! Yes, I did study all of these books but this stack of books not only represents my journey of becoming a Chartered Accountant but also the mistakes I made. Here is one mistake you need to avoid: NOT FOLLOWING STUDY MATERIAL PROVIDED BY ICAI. Now first things first, what includes study material: (a) Books provided by ICAI i.e. Study Mat. (b) Mock Test Papers (c) Revision Test Papers (d) Question Papers (e) MCQ Booklet The problem with me was that I followed various authors who added questions from other institutes like CS, CMA, CFA etc. Now, at one place, it’s definitely not a bad idea to cover those too, but covering so many questions requires time which is the biggest constraint we have as CA Students, who are trying to complete classes all the while doing our articleship. This particular thing got me all confused as to which author to choose when in reality I should have focused only on one author which provided all the study material mentioned above at one place. Luckily, I stumbled upon one such faculty that provides all the material in one book. This faculty is the reason I qualified as a Chartered Accountant. The faculty I’m talking about is none other than AIR1CA Career Institute i.e. CA. Atul Agarwal, CA. Ajay Agarwal and CA. Surender Mittal. The notes and books provided by them include all the material of ICAI with exact ICAI solutions giving students one platform for all their requirements. Not to mention, classes provided by them are not only crisp but also cover all questions in the minimum possible time. Their youtube channel and website provide free videos and resources for the benefit of students. All the material you need is right their with them, updated every single attempt so students get the best and the most competent study material everytime they study. Most importantly, they solve all the doubts on the same day you text them making it extremely easy for us to carry on our schedule seamlessly. (Even those students who dont buy classes from them) Therefore, I highly recommend you all to choose one such author that can provide you all the material at one place, who will help you reduce this stack to one fourth of it. It could be AIR1CA Career Institute or any other faculty that you resonate with. What’s important is you should get all the material by ICAI at one place so you dont have to turn pages or flip through them everytime you sit down to study. Extremely grateful towards AIR1CA Career Institute PS. This is not a promotional post. AIR1CA has genuinely helped me allot in every possible academic aspect and that is the only reason I’m sharing this post with you.