Chartered accountancy (CA) is one of the most sought after professions. However, the entrance examination is not everybody’s cup of tea. Known to be one of the country’s toughest examinations, the CA-CPT will be held this December, whereas the second-tier examination of CA is scheduled for November.
M Vijay Shankar, a student from Tamil Nadu appearing for Integrated Professional Competence Course (IPCC) this November, says, “Due to change in the taxation policies and implementation of GST, some changes have taken place in our syllabus. Also, the change in the syllabus that came into force in May has left us clueless as to what we should expect in the examination.” On being asked about the skills that are most needed in order to enter the field of Chartered Accountancy, he said, “Skills in mathematics and calculations are necessary in order to clear CA-CPT.”
Cheena Mehra, a former CA from a Delhi firm, says, “You need not be worried if you are stressed out. This is a good sign that you are aware of the challenges coming your way. But the key is to keep calm. Keep in mind the vast syllabus — it is important to come up with a well-thought-out plan, where there is a lot of time for revision.”
When asked if the changes in the syllabus made are effective, she answered, “Earlier it was easier to enter this profession but difficult to make it through. However, with the change in syllabus, it has become difficult to crack the entrance. The idea is to filter the students who have basic knowledge of not only their mainstream subjects but also other fields like Law and written English.”
Somya, another student who is appearing for CA-IPCC examinations this year, says, “When I failed my CA-CPT examination in the first attempt, I was completely disheartened. However, it taught me the value of smart studying. The taboo built around the CA examination that it is difficult to the degree of impossible is an exaggeration.”
When asked if coaching is important to clear the CA-CPT, Prateek Rustagi, a B.com (H) student appearing for CA-CPT this year, says, “I am preparing for my examinations on my own. I don’t think coaching is necessary. However, it is a must for IPCC.”
CA Ajay Jain, a motivational speaker and CA instructor, believes, “The focus should be on what you have rather than what is lost. Listen to motivational songs, practise deep breathing, talk to parents and friends, watch optimistic videos, and relax.”
