Effective Preparation Plan for the CA IPCC Examination
Preparation for the Chartered Accountant (CA) IPCC (Integrated Professional Competency) examination requires a structured and disciplined approach, particularly in the critical period of the last two months. With just 3 months as the target for both groups, completing the remaining classes and focusing on thorough revision is crucial.
Importance of Timely Revision and Practice
With a maximum of 3 months for preparation, you need to focus on completing your remaining classes and engaging in comprehensive revisions. Aim for at least 2 complete syllabus revisions, solving Review Test Papers (RTP), Module Test Papers (MTP), and at least one full-length question paper for each subject under exam conditions. This practice will ensure you are comfortable and familiar with the exam environment, which is essential to reducing exam anxiety.
Study Plan and Time Management
A dedicated study schedule is the backbone of effective preparation. To maximize your learning, aim for at least 10 hours of study each day starting day one. This schedule will vary depending on the subject, but here is a suggested plan:
Study Plan
Accountancy (A/c): 9 days * 10 hours 90 hours Costing: 6 days * 10 hours 60 hours Financial Management (FM): 6 days * 10 hours 60 hours Income Tax (IT): 10 days * 10 hours 100 hours Sales Tax and Value Added Tax (STVAT): 2 days * 10 hours 20 hours Advanced Accountancy (Adv a/c): 9 days * 10 hours 90 hours Laws: 7 days * 10 hours 70 hours Audit: 6 days * 10 hours 60 hours Mutual Funds (SM): 2 days * 10 hours 20 hoursRemember, this is just a guideline. Prioritize subjects based on your weakest areas and ensure you cover all aspects of the syllabus thoroughly.
Practical Tips for the Examination
On the day of the exam, it is crucial to avoid distractions and maintain a calm mindset. Engage in a 10-minute breathing exercise before starting to write the paper. Attempt to solve between 90-100 marks to ensure your paper is complete within the time limit. Avoid wasted time reading the paper; progress through the questions systematically.
Other Resources for Success
In addition to your study plan, consider incorporating some general self-help books to boost your confidence and belief in your capabilities:
The Secret Think and Grow Rich Zen and the Art of Happiness The Law of AttractionUnderstanding and leveraging these books can significantly enhance your focus and belief in your abilities.
Choosing the Right Coaching and Learning Environment
The success of your preparation largely depends on the learning environment and resources you choose. Each option has its own pros and cons:
Offline Institutes
High fee amount Similar content to other institutes Less duration of courses Travel expenses No self-planning strategy Potential for incomplete content due to hurry to complete course in stipulated timeHence, offline institutes might be a good option if you can afford the high fees and prefer structured classroom learning.
Free Sources Online
Minor scattered content available for free No guarantee of content accuracy or structure Flexible with no fixed supervisionFree online resources can be useful but may lack structured guidance and accuracy.
Online Coaching Institutes
Lower costs No travel expenses Access to books/e-books Year-long validity of course Active doubt sessions Support from faculty including chat, call, and practical sessionsOnline coaching institutes provide a structured, structured approach with continuous support, making them a highly effective choice if available within your budget.
Example of a Quality Online Coaching Institute
One of the prominent online coaching institutes for CA IPCC preparation is Takshila Learning. They offer a comprehensive package including:
Lower fee amount No travel expenses Access to books/e-books Year-long validity of course Active doubt sessions Chat support with faculty Call support Practical sessionsTakshila Learning is accessible at
By following a structured plan, leveraging the right resources, and practicing diligently, you can enhance your chances of success in the CA IPCC examination.