There are innumerable cases like that. I have seen people clearing CA Final with good marks in 1st attempt inspite of multiple failures earlier. Dont loose your confidence with this failure. Some failures in life is inevitable. Nothing to be ashamed of...you have not committed any crime...all you did was hardwork which has not been not rewarded this time but will definately be rewarded next time. Never loose hope. You should not be afraid or be ashamed of the results as long as you are doing honest hardwork. This failure can never conclude what you will be twenty years from now.... History has innumerable examples of successful people who failed in their schools or colleges.... (Read about Einstien, J.K Rowling, Bill Gates, Abrahm Lincoln and lots more). In fact your failures are making you stronger and more competent to face the bigger challenges of life. So dont underestimate yourself because of this failure. Life is too big yet and there is so much to be achieved yet. This was just an exam and just a result. And CA Results depend both on hard work and hard luck. Be brave and dont let this failure come in your way to success. Be strong and work with full determination and you will definately achieve everything you aspire for. Good Luck!