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Strategy for students appearing only for Group 1 in upcoming CA exams

Considering that exams will be held in May 2021, we have approximately 80 to 85 days left in our hands. This study strategy would be helpful for students appearing for Group 1 only.

To begin with, students should first roughly calculate the number of days available with them before exams. Further, they should divide the number of days into different parts, for example, days required for completing the first reading, first revision, etc.

I have tried to make a simple subject-wise calculation of the days available before exams for your reference:

CA Final Exam Preparation Strategy
  Start Date Tentative Exam date Total days left      
  06-Feb-21 01-May-21 84      
Group I:            
Subject/ Number of days 1st Reading 1st Revision 2nd Revision 3rd Revision Pre-Exam Revision Total
FR 12 4 2 1.5 1.5
SFM 12 4 3 1.5 1.5
Audit 12 4 2 1.5 1.5
Law 12 4 2 1.5 1.5
Total number of days 48 16 9 6 6 79
Buffer days 5

Since Group 1 has a mix of 2 theory subjects and 2 practical subjects, it is advisable to do study 1 practical and 1 theory subject together.

I would like to give some general tips for the subjects in Group 1:

  • For FR, do prepare a concept register which will consist of all important concepts and important adjustments in sums that you could not crack in the first attempt. Identify those sums which consist of maximum difficulty level or covers the majority of the concepts so that you can revise these sums only just before the exam day.
  • For SFM, do prepare a formula/ concept register and jot down all important concepts and formulas you come across which studying. Revise this formula book after every 15 to 20 days. In SFM, identify the different types of sums in a particular chapter and just revise the unique type of sums before the exams.
  • For Audit, don't keep any chapter in the option. Start your preparations with scoring and easy topics like Professional ethics, Company audit and then go for other chapters and Standards on auditing. Try practicing as many questions as you can from any scanner of your choice.
  • For Law, make sure all your concepts are clear because even though you don't remember the exact section in the exam, you can write the answers based on your conceptual clarity. As law is a vast subject, make sure you keep revising it twice before the exams. For Allied law, I had referred to youtube revision lectures of renowned professors and their summary charts for revising.

The author can also be reached at kokateshreya3@gmail.com

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