CA MOCK TESTS
The CA mock tests are the tests which help the students to evaluate their level of knowledge in the subjects. The mock tests are given to the CA students on every subject. For every level of CA, different mock tests are designed by EDUEX as per latest syllabus and amedments. For CA CPT the mock test is designed in objective type pattern having multiple choice questions. Therefore, if the student appears for the final exam the pattern of the paper does not seem to be tough or confusing. Similarly, for the CA IPCC and CA Final levels the papers are designed in subjective type pattern. As the exams of these levels are taken in subjective form. The mock tests are also bifurcated group wise so that if the student is taking the exam of any of the one group he/ she may practice it accordingly. The mock tests come in two ways with suggested answers and without suggested answers. However, both have its importance. The mock tests with suggested answers are meant for revision point of view. After answering the mock tests the student may check the accuracy of the papers answered. And the mock tests without suggested answers are meant to know the final status of the preparations as these papers are evaluated by the faculty. And the students may know the feedback to make some last minute changes if required in their preparation. It really helps them to crack their final exams with more confidence.
CA IPCC MODULES
The ICAI provides its study module to its students at the different levels of the course. At the IPCC level the study modules have the complete study material for the students. In CA IPCC the exams are conducted in two groups. In the first group the students have to take four papers and in the second group the students have to take three papers. The student can appear in both the groups or any of the one group at a time according to the preparation. It doesn’t make any difference. The only thing that makes the difference is that if the student appear in single group and passes with the highest marks his/ her name does not come in the list of the toppers. Only those students come in the list of the toppers who passes by scoring highest marks in both of the groups simultaneously. The IPCC modules are strictly based according to the syllabus. Therefore, it is very important for the students of IPCC to study with the help of the IPCC modules. Other than the IPCC modules there are different other good reference books and notes are available in the market. But first the students should prepare with the help of the modules provided by the institute and later on other reference books should be considered for better understanding of the concepts. Once the students complete their studies according to this way the final practice should be done by solving scanners and last years’ questions. Therefore, the modules must not be ignored at any cost.
CA INDUSTRIAL TRAINING
The CA Industrial training is a training given by the industry to the students of CA. The training can be taken by the students of CA IPCC during the last year of the articleship and who have passed both the groups of the CA IPCC. The articled clerk chooses himself to have industrial training. The industrial training is not compulsory for the articles. The industrial training is for the period of 9-12 months. The industrial training is received under the member of the ICAI. Only a member with a minimum of regular three years in the institute can provide training to one trainee at a particular time and a fellow member can train two articles at a time. The details of the training undertaken and the work done are maintained in a prescribed format. Only those industries can provide the industrial training to the trainees whose names are defined by the institute or the industries having minimum fixed assets of Rs. 1Crore; or minimum turnover of Rs. 10Crore; or a minimum paid-up share capital of worth 50Lacs. For the convenience sake, institute updates the list of different industries on its website from time to time for different regions.
BIG 4 FIRMS FOR ARTICLESHIP
The Big4 CA firms are the four largest international firms who handle majority of the audits for public and private companies. The names of the Big4 firms are PwC, Deloitte Touche Tohmatsu, Ernst & Young and KPMG. It is the dream of the most of the CA students to work as an article trainee in one of the Big4 CA firms. The article trainees who get articleship in any of the Big4 CA Firms have a good start of their career. Students of these firms get more exposure as they work on the assignments of the leading firms. The students work under the guidance of the experienced CAs therefore they become more disciplined and learn to work under pressure & in time which is very important for them. These firms have a strict selection process. The Big4 firms take only those students who get good marks and generally clear in a single attempt. The Big4 CA firms generally put their notices regarding the need for the articles in the local office of the ICAI. They also invite direct application in their office. Moreover, the students can apply through email or by the reference if a CA who is already working in such firm which is more preferred way. All the Big4 firms are international and not Indian. In India Big4 is just a tag for the big consultancy firm and it is necessary to know by the articleship trainees that the Big4 firms have different CA firms under their name which may not be necessarily of the same name but are the part of one of the Big4.
After joining any of the big 4 ca firms in india or for the purpose of articleship any ca firm in India for articleship, the student has to concentrate on CA Final Exam, which is the last level of the CA Course.
CA students hoping to clear the CA Final easily will join for CA Coaching and CA Mock Test