Students appear to CA foundation examination after passing the 12th standard or before appearing to 12th standard. The syllabus of the 12th standard and CA foundation is overlapping. CA Foundation is sixty percent advanced level course of commerce subject. Basic level knowledge and advanced level knowledge makes difference if it is gauged with marks. It requires hard work to understand the advanced level syllabus.
There are four subjects in the CA foundation and securing an aggregate of 50 percentages of marks declares the student as a successful student. People around you may bash you with a comparison to other students if you fail. One thing is that it is a common experience for all CA students. By encountering fail marks one understands the syllabus and question paper pattern. This experience will help in passing for the second or third time. Remember one quote that “the depth of your struggle determines the height of your success”.
How RR Academy support the CA foundation failed students?
In RR academy if the student fails in CA foundation then the student will be under observation for improvement. To bridge the gap with knowledge the institute will give revision classes, daily assignments, three tests per week, important topics are covered many times to make the student understand, and a progress report of the student is sent to the parents. The triangle approach of RR academy believes in tuning the student from the faculty side and parent’s side. So, students are allotted study rooms separately to give one to one attention. The apt saying is that “the greatest failure in life is the failure to try again. So, success comes by putting the effort into learning intensively.
Do several attempts in the CA foundation matter?
As the registration is valid for three years the student can appear CA foundation six times. If the student takes many attempts then the examination fee that they pay becomes extra spending. But as CA is the professional qualification and not the academic qualification it is difficult to pass. Let me throw light on the reasons for failure and how to plan the CA foundation examination.
Reasons for failure
The reason for failure is a lack of preparation. But deep diving further into this there are personal reasons which end with self-awareness. From the experience of the students what we assess about the reasons behind the failure is listed below.
The selection of study material
The students are advised to choose the study material which is prescribed by the ICAI. In some cases, students pick up the wrong books which take them to failure. So, learning from an expert and experienced authors make the examination successful.
Lack of revision
Lack of revision is the common reason which turns the motivation of the student. As the CA foundation is the first step of the CA ladder it educates the value through hard work. There are three levels in CA.
Importance to the practical papers
Some students spend more time with theory papers and less time with practical papers as it is difficult to understand. Practical papers need to be focused to pass the CA foundation in the first attempt.
In theory papers, the presentation skills improve the marks. Though it is the inward skill of the student, it can be developed through tips from the faculties.
Admission to other courses for CA intermediate
ACCA is the global certification that gives exemption to CA intermediate students. The pass percentage for the ACCA examination is fifty percent. This course is easy to pass and can do along with job also. CPA is the course of America and opens the door to MNC companies. From the job security viewpoint, this course provides a decent job and a decent salary. CFA is a course for research-oriented students. FRM is a course which goes for one year and it is about risk management. CFA is a course for financial journalism.
The statistics of CA’s overall pass percentage for the year 2021 stands as 35.03 percentages. CA is the course that requires never give up attitude. Behavior acts over the attitude of the student and brings changes to the performance of the student. The hardships of the students are considered as the stepping stone to success. The personal experiences are encapsulated in the hard work of the student. From day one of the failure, motivation is the reason for the second attempt of the student. It is known that the motivation from the faculties of RR academy creates the success stories.