Preparing for the CA Inter November 2020 or May 2021 Exams: A Comprehensive Guide

Starting your studies for the CA Inter exams can seem daunting, but with a well-structured plan and dedication, you can successfully pass all the subjects. This comprehensive guide will break down the necessary steps and strategies to help you prepare effectively for the exams to be held in November 2020 or May 2021.

Initial Study Strategy (January–March 2021)

To begin, choose the subjects you find slightly easier and start preparing. A good start would be to dedicate 8-10 hours of study time per day for the first two months. Given that you start on January 1, 2021, by the end of January, you should be able to cover at least three subjects. Continue with the remaining subjects in February and the first 20 days of March, increasing your study time to 10-12 hours per day.

Revision and Practice in April 2021

The month of April is crucial for revision. Focus on revisiting the topics you have covered in the previous three months. Additionally, ensure you attempt RTP (Routine Theory Paper), MTP (Microsoft Theory Paper), and past question papers for at least three attempts. This practice will help solidify your understanding and strengthen your exam-taking skills.

Qualifying Both Groups in One Go

The key to success lies in an effective planning strategy. First, adopt a particular group and complete its subjects before moving on to the next group. For instance, Group 1 includes Subjects 1-4, and Group 2 includes Subjects 5-8. Allocate 12-15 hours of study time per day to complete your preparation as quickly as possible, leaving enough time for thorough revision.

Understanding the Latest Syllabus

The latest syllabus for the CA Inter exams includes a mix of theoretical and practical subjects. The theory portions account for more than 50% of the syllabus, and there are a total of eight subjects. Here's a breakdown of the subjects:

Group 1: Accounts, Law corporate and other laws, Costing, Taxes Direct and Indirect Group 2: Advanced accounts, Audit, Information technology, Financial management and Economics

Alumni or those with prior studies will find the preparatory process easier, allowing them to focus on completing the remaining subjects. Online classes and self-study should complement the regular class schedules. A well-structured plan for the last four months is crucial, ensuring you complete all subjects and thoroughly revise them.

Subject-wise Study Plan for the Last Four Months

Here's a detailed plan for the last four months:

First Month (April 1–30, 2021)

Allocate 8-9 hours per day for study. Cover two practical subjects and one theory subject, giving each 3 hours. Manage your time as conveniently as possible, but ensure you complete these three subjects.

Second Month (May 1–31, 2021)

Continue with the remaining practical and theory subjects, allocating 8-9 hours per day. Ensure you complete all remaining subjects by mid-May. In the last two weeks, begin revising with a focus on important questions.

Third Month (June 1–30, 2021)

Solve at least one question paper per day for two subjects, managing to complete 16 papers in the third month. Allocate 9 hours per day, spread over three weeks.

Fourth Month (July 1–31, 2021)

This month is crucial. Divide it into three parts, with 10 hours of study each day. In the first 10 days, revise with all important questions marked for each subject. In the next 10 days, solve one question paper per subject for eight subjects, followed by thorough revision for the remaining 10 days.

By following this structured plan and ensuring you practice enough, you can increase your chances of success in both groups of the CA Inter exams. Use resources like the Practice Manual by Shivangi to enhance your studies.