Should I Opt Out for the July 2020 CA Exam?
As the 2020 CA examination draws near, aspiring accountants across the region are faced with a pivotal decision: should one take the exam as scheduled in July or opt out in light of ongoing global health concerns?
Understanding the Decision
To assist you in making a well-informed decision, consider the following key factors:
Context and Preparation
As of June 19, 2020, there are approximately 44 days before the exam. With proper focus and dedication, it is entirely within your reach to clear the exam. It is important to recognize that a sense of unpreparedness is common among CA students, but success relies heavily on your preparation and concentration.
Health and Safety Concerns
One of the most critical aspects to consider is the current number of coronavirus cases in your area. If the number of confirmed cases is high, it is imperative not to jeopardize your health and the safety of others. Appraise the situation carefully, as your health and well-being are paramount.
If, however, the number of cases is manageable, and you are taking all necessary precautions, you can consider appearing for the exam. Nonetheless, adhere strictly to recommended safety protocols to mitigate any potential risks.
Weighing the Pros and Cons
Deciding whether to opt out or participate in the exam involves weighing both pros and cons:
Pros of Opting Out:
1. Preventing Exposure to Coronavirus: By choosing to opt out, you avoid the risk of contracting the virus by attending an examination center.
2. No Counted Attempt: Your attempt will not be counted against you, allowing for a fresh start in the next examination cycle.
Cons of Opting Out:
1. Delay in Getting CA Degree: Delaying the exam will extend the time it takes to obtain your CA degree, impacting both your career and personal life.
2. Exposure Risk in Exam Centers: Although opting out prevents immediate exposure, it is still crucial to manage any risks posed by potential future attempts in exam centers.
3. Mental Stress: The mental strain of preparing for an exam and subsequently not taking it can be detrimental. Stress and anxiety are not confined to the exam day but persist throughout the process.
4. Counted Attempt: If you miss the exam and are unable to clear it subsequently, your attempt will be recorded, which can affect your future engagements.
Suggestions Based on Your Situation
The key to making the best decision lies in analyzing your personal circumstances and those of your immediate environment. Here are some suggestions to help you make an informed choice:
For Those with One Group Left:
1. Avoid Opting Out: Given that only four papers remain, it is advisable not to opt out. Completing the CA program is your primary objective, and delaying for just one more attempt is highly justifiable.
For Those with One or Both Groups Left:
1. Opt Out When Necessary: Consider opting out if you are in a containment zone or a red zone, where the potential risk of contracting the virus is high.
2. Stay Safe: For those in low-risk zones, ensure you are well-prepared and maintain strict safety protocols during the examination.
Final Thoughts
In conclusion, the decision to opt out ultimately depends on your individual circumstances. Consider the current health status in your area, your preparation level, and the potential risks involved. Donrsquo;t be swayed by fear of failure, as the result is beyond your control. Instead, focus on what you can control and decide accordingly.
Best of luck with your career, and I hope this information helps in making your decision.