2 answers
Updated
615 views
how to pass all chartered accountancy exams in 1st attempt?
also give schedule for whole day including weekends.
Login to comment
2 answers
Steven Graham
Chief Accounting Officer, Corporate Controller, VP Finance
29
Answers
Boynton Beach, Florida
Updated
Steven’s Answer
Fahad - it is a great idea to try and pass the CA exam on the first try...I can only speak from experience with the CPA exam which I passed 2 parts the first time, the remaining part that I could take, the next time and then the final part after I had the requisite experience.
That being said, you have to know yourself.
I was not concerned about the grade I would get on the exam but rather that I passed....as such, I geared my studying accordingly. I was still in school at the time so my studying time was limited and I literally didn't start studying until 4 weeks before the exam, usually a couple of hours every night (I used to have a litle toy volkswagen that I played with as I studied which made my wife nuts as she was one of the cram all night study types). As it got closer to the exam, I got bored with re-reading the same information over and over so I slacked off towards the exam date. The key is the discipline to study consistently but not enough to burn yourself out.
If you feel that you cannot study on your own, I would suggest one of the review courses that I'm sure exist for the CA exam as they do for the CPA exam.
Overall, however, do not be upset if, despite your best efforts, you do not pass all the parts the first time. The exam is not going away and there will be future opportunities to pass the remaining parts..
That being said, you have to know yourself.
I was not concerned about the grade I would get on the exam but rather that I passed....as such, I geared my studying accordingly. I was still in school at the time so my studying time was limited and I literally didn't start studying until 4 weeks before the exam, usually a couple of hours every night (I used to have a litle toy volkswagen that I played with as I studied which made my wife nuts as she was one of the cram all night study types). As it got closer to the exam, I got bored with re-reading the same information over and over so I slacked off towards the exam date. The key is the discipline to study consistently but not enough to burn yourself out.
If you feel that you cannot study on your own, I would suggest one of the review courses that I'm sure exist for the CA exam as they do for the CPA exam.
Overall, however, do not be upset if, despite your best efforts, you do not pass all the parts the first time. The exam is not going away and there will be future opportunities to pass the remaining parts..
Updated
Chase’s Answer
Hi Fahad,
While I have only taken the CPA exam, it is similar to the CA exam, so I can offer some insight from that perspective. The most important part of being successful on these tests is to commit to a study plan. The first step is choosing a reputable study program. Most learning materials should include a mock schedule of when to complete study modules based on when you plan to take the exam. You will have to adapt the study schedule to make it work for you, and then you must stick to it. There are also many study schedules that you can find online that may help you build a program that works for you. When I was studying, I treated it like a full time job. I would start around 8 in the morning and conclude around 5 or 6PM each day (with breaks built in throughout the day). It is impossible to memorize all of the study materials, the key is to understand the concepts to a level that allows you identify the most likely answer. Hope this helps!
While I have only taken the CPA exam, it is similar to the CA exam, so I can offer some insight from that perspective. The most important part of being successful on these tests is to commit to a study plan. The first step is choosing a reputable study program. Most learning materials should include a mock schedule of when to complete study modules based on when you plan to take the exam. You will have to adapt the study schedule to make it work for you, and then you must stick to it. There are also many study schedules that you can find online that may help you build a program that works for you. When I was studying, I treated it like a full time job. I would start around 8 in the morning and conclude around 5 or 6PM each day (with breaks built in throughout the day). It is impossible to memorize all of the study materials, the key is to understand the concepts to a level that allows you identify the most likely answer. Hope this helps!