07 December 2010
Hi! I am currently appearing for my CPT exam in December. I am 21 yrs old. I was in Sydney doing my B.Com which I had to leave mid-way cause of personal reasons. Now I am enrolled in DU open university to finish B.com here. In the meantime, I have decided to continue with my dream of doing CA. I was planning on doing the same in australia.
Is my dream too big? will it be too difficult to get jobs and is this the right age to take up the commitment of CA?
I am really confused cause I don't know anyone in this industry to get the right advice on whether I am on the right path.
08 December 2010
Dear Friend, First of all Welcome to the World of Chartered Accountancy. No dream is too big my dear friend. We all dream some or the other thing and try to achieve it. Dont rest until you achieve your dream of being a CA. As regards age, your age is not a problem. If you start it now (at 21) you will be able to finish it at the age of say 25. So no need to worry. And as regards knowing anyone in the industry, i will only say that once you enter into this you will start knowing many in our profession during your articleship period. My only advice is DO YOUR ARTICLES SINCERELY. This is the period when you learn a lot, and this will only help you in future. Now all the very best for your Bright Future.
Your age is perfect...Of course would advice u to consider this as a dream of ur life which is very much achievable through ur honesty and commitment...
Stay connected with caclub for good notes, articles and motivation.
08 December 2010
TIPS FOR CPT STUDENTS—article by Sneha Bagla
DONT FOCUS ON JUST MULTIPLE CHOICE QUESTIONS
We all the that in CPT only multiple option questions are asked.. and many students focus on solving more and more multiple choice questions nd ignore the subjective questions which are lengthy and they think it’s of no use in CPT exams.....BUT...may be by following this concept u will be able to clear CPT somehow but u wont succeed at IPCC of FINAL level....because CPT is the base nd if u dont have a strong base u cant build a strong building...
Try to solve as many subjective questions as possible bcoz students tend to lose habit of writing long answers nd solving lengthy questions if they focus just on multiple options...
1. ACCOUNTS
If u have a good base of 11th nd 12th std then CPT Accounts wont bother u too much....just stick to the basics because most questions come from the most simple points which sometimes we ignore....again...Accounts is the main subject for a C.A....so if u want to do well at higher levels of the course you should make your base from here onwards...as i mentioned earlier also plz dont go for just multiple choice questions.....solve the most complex questions too nd dont ignore the theory part...
2. BUSINESS LAW-
This is a new subject for you people...nd as i said CPT is the base...try to grab the concept because many questions in the exam wont be directly from the book...you will have to apply your common sense nd u wil be able to answer correctly only if you have the correct concept in mind and trust me this will help a lot at IPCC level...
3.ECONOMICS-
If you are thorough with 12th std eco...u wont have any problem in micro part...its easy but conceptual...dont try to learn it...just keep the concept and the answer will automatically come to your mind by just applying some common sense......
4.MATHS AND STATISTICS-
Many students tend to leave these 50 marks totally bcoz they form an idea that they wont be able to solve it from the initial stage,,,plz dont do that...you are leaving easy 20-30 marks on offer....
Basic idea of maths is very important to be a C.A.....thats why we see students from Science stream clear CA before the students from Commerce background...so if u are leaving this subject completely u are digging ur own grave,....
In Maths nd Statistics u can easily fetch 20-30 marks coz many topics are very easy..just a sharp brain nd basic knowledge of 10th level maths will be sufficient ......u can leave the complex things like calculus nd series if you are not good at maths,,(no need to solve the tough questions from the study material coz u wont get questions of that level from these topics)....
5. ECONOMICS-
Macro part is complete theory nd u will have to learn it somehow...(ratta mar lo aur koi chara nahi hai..)...Its boring but 25 marks come from there....just learn it somehow....nothing can be done about it.....learn the dates even coz u get questions from there too...scanner will be very helpful....
Lastly go for a scanner for all subjects (suchitra prakashan is the best)....u will get a fair idea of importance of each chapter in the exams....
These are my views of what i made out of CPT…hope u people got some useful information....GOOD LUCK...