BCR commonly known as Business correspondence and reporting is second paper of CA Foundation which also includes Business Laws.
The upcoming paper format will be subjective type having 60 marks for Business law and 40 marks for BCR.
If we talk about the first subject, that is Business Laws, it will be a new subject for the students who are appearing in CA Foundation directly after 12th. But don’t worry, because this gives you the basic understanding of the General Laws prevailing in our country. And whether you are appearing for CA course or not, you should have a basic idea of these laws. This Subject is part of paper -2 and will carry 60 marks.
This is a complete theory subject and very interesting to read. As we already told you this gives you a basic idea of the general laws prevailing in our country.
And this will be going to be subjective paper, so you will have to work hard on your presentation.Otherwise, the learning part is easy. But you need to revise it on a daily basis.
Next subject we will discuss Business Correspondence and Reporting. In general terms, we can call it by “General English”. This subject is newly inserted by the ICAI in CA Foundation as per the revised scheme. This is introduced after seeing the demand for Good Communication Skills of CA’s in Today’s Era. This is also a general Subject, basics of what we studied in our school life.
This is a part of PAPER – 2 and will carry 40 marks in 2nd paper.
The score in this paper could be high as much as you want and if you are from the English medium, it will be like butter in your milk. You can practice this subject on alternate days. Minimum 3 days you should give on this subject in a week for at least 2 hours.
one thing you should always keep in your mind that last month is all about revision. Do the revision at least three times before exam. And one month is more than enough only for the revision purpose. Apart from the last month, you still have three months that means approx 22 days for each subject.
You can start reading with the subjects which are new for you like Business Laws or Business and Commercial Knowledge. And you should daily practice one paper of either Accounting or Business mathematics, statistics, logical reasoning. So, that you can grab a command on these subjects. These are very much scoring subjects.
If you stick to only one subject for the whole day or the for the whole 20 days. Then, this will be wasting your time. You can start with 2 subjects or more and try to complete them within the above mention time. By switching over the subjects in a single day, will have you to complete the course much faster and you will also not get bored with the same subject. And if you take regularly all the subjects, then its revision would also not consume much time.
So, try to complete the subjects on alternate days basis.
There are also option to choose online recorded classes as they are easier way to understand the concept and will help you in your preparations.