Preparing For CA Intermediate Exam? Study Plan For Group 1

Preparing for the CA Intermediate exam is not as easy as you think. Even if you are aware of the examination pattern, cracking the exam in the first attempt is always a challenge. You have to score atleast 40% in each subject and have an aggregate of 50% in all the subjects. The entire syllabus is divided into 8 subjects and two groups. If you want to know the topics or subjects which are more scoring, enroll in a recognized coaching centre providing CA intermediate online classes. They have experienced tutors who can help you prepare a study plan for the subjects in Group 1.

Preparation Strategy For Each Subject In Group 1

• Accounting

Everyone who has appeared in CA Intermediate exam will agree with the fact that accounts is one of the most scoring subjects. Few of the common topics covered in this subject are companies accounts, accounting for special transactions, preparation and presentation of financial statements, accounting standard and partnership accounting. Every student should stay updated with the revised schedules and follow the revised method of accounting when preparing the Balance Sheet.

• Corporate And Other Laws

This subject comprises of two sections; the Company Law and the Other Law. You can expect around 60 marks from Company Law and 40 marks from the remaining part. Many children find the subject tough as the course is quite vast. You have to revise each topic individually from time to time. Your tutor can share a few tips so that you can easily remember each section and recall them during the examination.

• Cost And Management Accounting

Preparing a study plan for cost and management accounting won’t be a tough job as students find costing to be a very interesting subject. You just have to get your concepts clear and you can solve any question. Few topics covered by Cost and Management Accounting are ascertainment of cost and cost accounting system, method of costing, cost control and analysis. Though all the Accounting methods are important, the Process and Contract Costing are more vital.

• Taxation

This subject is divided into two sections, the Income Tax and Indirect Taxes. The former will cover 60 marks and the latter will cover 40 marks. Assess the taxation paper minutely and you will notice that it has the perfect blend of practical and theory portion. If you want to crack the exam in the first attempt and perform well in the articleship, you have to understand each clause properly.

Time to enroll in Prep Right and follow the preparation strategy stated above if you want to pass your exam in the first attempt.