Careers360 Logo
Common Reasons Why Students Fail in CA Exams

Common Reasons Why Students Fail in CA Exams

Edited By Team Careers360 | Updated on Sep 28, 2023 06:52 PM IST

According to the recent data shared by ICAI on January CA pass percentage, the success rate of ICAI exams is below 5%. No wonder why it is considered to be one of the toughest national exams of the country in the commerce domain. Have you ever wondered “Why” students face such difficulty in clearing the CA exam, which comprises three levels - CA Foundation, CA Intermediate, and CA Final or why CA students fail or why CA pass percentage is low? If you have, then you are not alone.

Common Reasons Why Students Fail in CA Exams
Common Reasons Why Students Fail in CA Exams

“Success is not final, failure is not final, it is the courage to continue that counts.”

- Winston Churchill.

The difficulty rises with each level up moving from CA Foundation to CA Intermediate to CA Final. In this article, Careers360 throws light on some of the common reasons why students fail in CA exams. Once you know what the pain points are in CA exam preparation, you can better prepare to tackle them. Also, this article has some major tips on how to overcome failure, and career options for CA failed students. These tips can be used by future aspirants who are planning to appear in ICAI exams.

Common Reasons for Facing Failure During CA Exams

Lack of Proper Planning - Whether it is Chartered Accountancy exam or any other national level finance exam it is vital for candidates to pull up their socks in terms of pre-planning their footsteps.

One of the common reasons why ca students fail is lack of proper planning in terms of time management between different subjects, shortlisting the important topics, understanding and analyzing study material, wrongful interpretation of questions, and so on.

Although there is no specific plan to crack the CA exam, guidance related to time management tactics along with overall plan can work out in favour of candidates.

Tips to Avoid Failure during CA Exams:

Keep a note of your day-to-day activities. Divide the number of hours you wish to devote to each subject. Move ahead according to your interest. Keep track of your plan and feel free to revise your study plan/ schedule if you feel so.

Taking proper sleep of minimum 7 hours is also a must for a healthy body.

Lack of Conceptual Clarity - Understanding the topics in depth is vital for CA candidates for subjects like Economic Laws, Accounting, Tax Laws, Advanced Auditing and so on. Mugging up topics and sub heading will be of no use in subjective/ objective CA question papers.

What Does it lead to?

  • Low performance

  • Decreased scores

  • Lack of positivity

Tips to avoid failure during CA exams:

Use the internet in the right way to understand and effectively understand the concepts. Do not move from topic to topic simply because you have to complete the syllabus. Instead, give yourself time. Since there is no restriction on the maximum number of attempts a candidate can give in CA exams, you can take your time to prepare.

Inconsistent Preparation - Inconsistency in any exam preparation does not bring fruitful results. Thus, candidates appearing in Chartered Accountancy exams need to be well versed with the topics asked in the question papers.

For this, it is mandatory for candidates to continuously work towards answering the questions accurately within the time limit (depends on the CA course level). Thus, one of the common reasons of facing failure during CA exams by candidates is-

Tips to avoid failure during CA exams:

Note that delay in action will take you a step backward in your journey to become a Chartered Accountant. Better keep consistency in your preparation. Remember that the wasted time will never return. Do not procrastinate for the future.

Set aside a plan that works best for you. Try to make weekly/ monthly goals if required and keep track of it.

Ambiguity in Following Exam Pattern - Some candidates face failure because they start preparing for the exam without referring to the exam pattern. ICAI prescribes official exam patterns for all three levels.

Tips to avoid failure during CA exams:

Candidates preparing for the CA exams need to carefully go through the CA Foundation exam pattern, CA Intermediate exam pattern, or CA Final exam pattern before they start/ restart their preparation for the ICAI CA exams.

Lack of Preparatory Resources (books) - One of the common reasons why students fail in CA Exams is that candidates waste a lot of their precious time in looking for preparatory resources like top books, notes from coaching institutes, etc.

Tips to avoid failure during CA exams:

It is advisable for candidates to refer to the official website of ICAI for best preparation resources. ICAI provides official study material for each CA exam level. If you are still confused then better take expert advice from teachers or ICAI directly. Do not waste your time in taking unsolicited guidance from any amateur regarding CA preparation.

For reference,

CA Foundation study material

CA Intermediate study material

CA Final study material

Inadequate Revision - Sometimes candidates end up being relaxed after completing the syllabus and do not tend to revise. This ultimately leads to difficulty in remembering the CA syllabus content during the CA exam days.

Tips to avoid failure during CA exams:

Remember that continuous revision and practice is the key to success in ICAI CA exams. Try to prepare in such a way that you have a handful of time for revision before the exams.

Major career options for CA failed students

  • Take up any alternative courses like CS/ CMA

  • Explore possibilities in various financial certifications

  • Move to academics (teaching in a coaching institute)

  • Work in any private company

  • Attempt government exams and move to public sector

Above all, be motivated and keep faith in your preparation for better results.

Articles

Upcoming Finance Exams

Application Date:08 February,2024 - 07 August,2024

CMA Intermediate

Result Date:23 August,2024 - 23 August,2024

View All Finance Exams

Certifications By Top Providers

Management of Commercial Banking
Via Indian Institute of Technology Kharagpur
Digital Banking Business Model
Via State Bank of India
Principles of Finance
Via Saylor Academy
Direct Tax Laws and Practice
Via Tezpur University, Tezpur
Udemy
 190 courses
Edx
 167 courses
Vskills
 52 courses
Coursera
 48 courses
Swayam
 46 courses
Futurelearn
 40 courses

Explore Top Universities Across Globe

University of Essex, Colchester
 Wivenhoe Park Colchester CO4 3SQ
University College London, London
 Gower Street, London, WC1E 6BT
The University of Edinburgh, Edinburgh
 Old College, South Bridge, Edinburgh, Post Code EH8 9YL
University of Bristol, Bristol
 Beacon House, Queens Road, Bristol, BS8 1QU
University of Nottingham, Nottingham
 University Park, Nottingham NG7 2RD
Lancaster University, Lancaster
 Bailrigg, Lancaster LA1 4YW
Get answers from students and experts
Budget Analyst

Budget analysis, in a nutshell, entails thoroughly analyzing the details of a financial budget. The budget analysis aims to better understand and manage revenue. Budget analysts assist in the achievement of financial targets, the preservation of profitability, and the pursuit of long-term growth for a business. Budget analysts generally have a bachelor's degree in accounting, finance, economics, or a closely related field. Knowledge of Financial Management is of prime importance in this career.

4 Jobs Available
Data Analyst

The invention of the database has given fresh breath to the people involved in the data analytics career path. Analysis refers to splitting up a whole into its individual components for individual analysis. Data analysis is a method through which raw data are processed and transformed into information that would be beneficial for user strategic thinking.

Data are collected and examined to respond to questions, evaluate hypotheses or contradict theories. It is a tool for analyzing, transforming, modeling, and arranging data with useful knowledge, to assist in decision-making and methods, encompassing various strategies, and is used in different fields of business, research, and social science.

3 Jobs Available
Underwriter
3 Jobs Available
Finance Executive
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Operations Manager
3 Jobs Available
Stock Analyst
2 Jobs Available
Researcher

A Researcher is a professional who is responsible for collecting data and information by reviewing the literature and conducting experiments and surveys. He or she uses various methodological processes to provide accurate data and information that is utilised by academicians and other industry professionals. Here, we will discuss what is a researcher, the researcher's salary, types of researchers.

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
Back to top