As we all know CA CS CMA examinations conducted by the institutes (ICAI, ICSI, and ICMAI) at all three levels are tough.
You need to have mastery of a tremendous amount of facts and ideas. So, here are some expert tips and tricks for you to conquer this Everest.
CA CS Nilamkumar Bhandari Sir for helping students how to study for law in CA, CS, and CMA exams has given below some expert tips.
1. Find out what’s in the exam
First of all, figure out the length of your course content and prepare yourself mentally.
2. Study Material
Try and develop a sense to figure out excess study material from the exam point of view and cross that material immediately in your book. Study Material provided by the institute is not updated most of the time and full of totally irrelevant material/theory.
3. Prepare Notes for Important Topics
If you have time prepare notes only for important topics along with frequently asked question’s solution.
4. Pointwise Answers
In Exams don’t write your answer in paragraphs. Try and mention it in pointwise details with relevant sections and case laws.
5. Use of Sections
In my opinion you shouldn’t ask anybody about the relevance of quoting sections in Exams. It is off course extremely useful in law subjects, especially in CA Exams. Try and quote section in your exams without any hesitation. However, they have to learn by default by practice. If you make it a habit now, it will 100% payment at the time of your final preparation.
6. You may also mention the Registrar of Companies E-forms while writing your answer in Examinations.
For example, if you are answering the question “Transfer of Registered Office of a Company within the city”. You, after mentioning the procedure of transfer, may also mention that Company is required to file form 18 with Registrar of Companies within 30 days of passing the Resolution in Board Meeting.
7. Very Important Revision Tips
What you prepare on Monday try and recall it on Tuesday without using books. If you are able to recall 60%-70%, then you are 100% going to succeed in this examination. Again try to recall the same after the gap of 2-3 days.
8. Use the abbreviation method
If you have 10 points to remember in a question give them a certain abbreviation and remember that abbreviation.
9. ATLAS Study Method
This method is completely developed and named by me and is extremely helpful for fetching good marks. ATLAS STANDS FOR “AT LAST”. There are always some questions, formulas, Sections, and case laws that we simply fail to recall in the exam hall. According to this method if you find anything very difficult to remember then after preparing the same topic once or twice put it in the ATLAS. Keep putting difficult topics in ATLAS till the exam date. There would be a different ATLAS for law, audit, accounts, etc. Now 1.5 hours before leaving your home for examination hall open ATLAS question list and revise it properly or give it a special reading. Now if you find any question from ATLAS in the exam paper it would be very easy for you to answer as you specially revise it just 2-3 hours back and your confidence level will automatically increase at the beginning of the exam. What say???
10.Keep review your ATLAS list and modify it accordingly. If initially you put any question in ATLAS and now you are confident enough about that particular question you can remove that question from ATLAS. Don’t put easy and non-important questions in ATLAS as this concept is for revising extra-ordinary important questions just 2-3 hours before the examination. If you need any help understanding this method please let me know.
11.Don’t play with the language of law specially Definitions. It is strongly recommended to put the definition in the exact language. However, you can take slight liberty while drafting your answer in respect of other law languages but the context, texture, interpretation, and meaning should not be changed.
12. Query Notebook
Keep a query diary with you during study time and note your queries in this diary and resolve them the same day or next day. Do not keep your query unresolved. You may also take reference of this diary later during exam time. Also, mention the answer to your query in the query diary.
13. Presentation skills
Work out on your presentation skills. You may ask your query regarding presentation skills.
14.Remember you can use the preparation of Company Law in your Audit paper. Company Audit–II chapter is based on the company law like Audit of share capital, share transfer, and dividend Audit.
15. Finalize Notes
Don’t use different notes for one topic. Finalize your notes before starting the final Examination preparation and stick with them.
10 Days before the examination date do not add any new topic in your schedule. Just focus on revision-revision and revision.
17. Length of Answers
In Theory papers length of answer plays an important role due to time factor. Regarding this, you may take reference from suggested answers provided by ICAI. Write your answer according to the marks allocated.
18. Your Health
Take very good care of your health. Consider your health as a subject. Remember if you fail to perform well in this subject you are going to fail.
19. Plan your answer
Your exam preparation should be such that when you first see the question the entire answer should be in your mind. It will help you to plan the length of your answer according to the availability of time.
20. Time-saving method
As per my opinion in theory paper, you should attempt flat questions first. After that attempt practical problems. Like in Audit or Law first attempt short notes or distinctions etc. In the beginning, if you attempt practical problems first then there may be a wastage of time in reading the problem twice or thrice.
21. Complete your paper
Try and make an effort to complete your paper 100%. In other words, attempt full paper of 100 marks. You may cut the length of your answer in the end as per the availability of time.
22. Make Point & give heading
In other words, write your answer to the point. Try and convert the paragraphs into points and give them a heading like I am giving in this article. However, if during the exam you have no time then avoid this practice. But it’s a very good technique of theory presentation.
Give a composed reading to all the points as they have a relevant connection with your preparation. You can easily observe every point if you understand them properly and prepare your mind accordingly. Later on, you may interpret it accordingly.
Law Logic Academy is one of the best coaching institutes for Law and will help you to provide complete guidance for CA CS CMA Law at all three levels. CA CS Nilamkumar Bhandari is the only faculty in Pune teaching Law at all the three levels of CA, CS & CMA for Law, and provides Online & Pen drive classes as well as Video Lectures for Law.