CA Final Group 1 Exam Preparation 2022 

CA Final Group 1 is a part of the CA or Chartered Accountancy examinations. To qualify for the finals, you need to pass this exam first. The CA Final Group 1 examination will include several subjects and is a 3-hour long examination. There is no negative marking in either of the sections in the exam paper. Therefore, it is best to answer as many questions as you can. 

Unacademy provides numerous classes for each topic. You can enroll for any of the live lectures and study for the CA Final Group 1 examination. You can even join a class that has already started. Unacademy will send you recordings of all the lectures that you have missed so that you can catch up on your studies. 

CA Final Group 1 Exam Syllabus

The CA Final Group 1 exam has four sections. Each of the four papers has a different set of subjects that you must prepare to score high. 

The syllabus for Paper 1 includes the following subject.

• Financial Reporting

For Paper 2, you will need to study:

• Strategic Financial Management

The syllabus for Paper 3 includes the following two subjects:

• Advanced Auditing

• Professional Ethics

There is one more subject that you need to study for the CA Final Group 1 exam. The syllabus for Paper 4 includes:

• Corporate and Economic Laws (part I and II of the exam paper)

These are all broad categories for the CA Final Group 1 exam. Each subject includes various topics. You need to prepare each topic under the extensive list for all subjects. Once you know the syllabus, you need to check which are the important topics and prepare for them first.  

Free Study Materials for the CA Final Group 1 Exam

You need good study materials for the CA Final Group 1 exam preparation. If you find proper materials to prepare for the examination, you will be able to tackle all questions that appear in the paper. Once you subscribe to Unacademy Plus, you will find study materials for free. Unacademy offers these materials in the form of PDFs and recordings. The recordings are available for download and are of the live lectures that you attend. Unacademy offers study material covering a comprehensive syllabus for all candidates that you will have access to after subscribing. 

How to kickstart the CA Final Group 1 Exam Preparation?

While it may seem challenging to tackle all subjects for the CA Final Group 1 examination, you will find it easier once you start the preparation. While preparing for the exam, you will be able to create schedules and easily complete the syllabus with the help of Unacademy educators. Take a look at the following points to start the preparation without any hassle.

• Get Notified of the Exam Dates

Before you start preparing for the CA Final Group 1 exam, you need to find out the official dates. This is essential because it will allow you to create a proper study schedule. Once you know the date of the exam, you will be able to check how long you have to prepare. If you subscribe to Unacademy Plus, you can choose courses that will finish before the date of the exam and will also leave you enough time to revise. Unacademy will provide you with the dates and other notifications so that you can start preparing for the CA Final Group 1 exam. 

• Prepare for All Sections

There are four sections in the CA Final Group 1 exam paper and you need to attempt questions from all of them. If you miss out on questions from anyone's section or answer them incorrectly, you will lose marks and this will affect your overall score. If you register and subscribe to Unacademy Plus, you will receive proper training in all subjects. Experienced Educators at Unacademy provide numerous lessons through live classes that cover the entire syllabus for the CA Final Group 1 examination. If you attend these classes, you will be prepared for all four sections within a few weeks. 

• Part I and Part II Preparation

Part I and Part II of the CA Final Group 1 exam paper require in-depth knowledge. Therefore, you need to focus on studying corporate and economic laws. Unacademy's Educators have several years of experience and can provide the best guidance for your preparation. Therefore, the easiest way to study for Part I and II is by joining Unacademy Plus. You can join classes that focus on the entire syllabus or enroll for courses available specifically for these topics. Since these are crucial parts of the CA Final Group 1 exam, it is best to clear all doubts. Doubt Clearing Sessions are available for every candidate and you can attend them to understand these topics better. 

• Prepare for Offline Examination

The CA Final Group 1 examination is held offline. Therefore, you need to practice writing on paper. You may not think that this is a difficult task, however, since most candidates are focused on online exams, it may be difficult to write and finish answering on time. Therefore, you need to monitor your writing skills and how long you are taking to answer each question. 

Tips and Tricks to Crack CA Final Group 1 Exam

Many find the CA Final Group 1 examination difficult but you can easily crack it if you prepare properly. As long as you have a good approach towards studying for the exam, you will be able to complete the syllabus and do well on the day of the examination. 

• Build a Strategy for the CA Final Group 1 Exam 

You need a good strategy to prepare for the CA Final Group 1 examination. This means that you need to plan what you need to study and how you want to prepare. You can divide each day into separate study sessions or keep a goal in mind for the end of the week or month. This will help to complete sections of the syllabus with ease. You also need to create a strategy that will help you focus on important topics first. You can pay attention to the rest of the topics or the easier subjects once you finish the crucial ones. 

• Focus on Study Plans for Each Day

You need to study every day to clear the CA Final Group 1 examination. Therefore, it is best to create daily schedules. You can create achievable goals for each day. This will help you study for the exam and complete the syllabus. Make sure you take breaks between each session. It is important to relax a bit as this will help you to clear your mind. You do not need to study for long hours as this may lead you to lose concentration. If you feel like you are getting distracted, take a short break, and try to remove whatever is distracting you. You can also try some light reading or focus on a few easier topics when you are studying something that you find difficult. This will relieve stress for a while. 

• Use Your Notes to Prepare for the CA Final Group 1 Exam

You should create notes for the CA Final Group 1 subjects. Notes are based on what you understand and how you learn a topic. You can create extensive notes or short and precise notes. You can refer to them while revising topics once the classes are over. If you are unable to take notes while attending a live lecture, you can use recordings to prepare them. Notes will help you memorise better and simply understand topics more clearly. 

• Go Through Previous Years' Questions and Take Mock Tests

Mock tests are one of the most important aspects of the CA Final Group 1 examination. You can use previous years' question papers to prepare for the exam. Unacademy has several mock tests available for all aspirants. You can take these mock tests and Unacademy will provide detailed reports after analysing your performance in the tests. You can also treat the previous years' question papers as mock test papers. This will help you understand how well you have prepared for the exam and what more you need to do. 

• Pay Attention to Proper Time Management

Time management is vital for any examination. When you are preparing for the CA Final Group 1 examination, you need to be able to answer questions within the time limit given. You can practice for this by timing yourself. You will have a fair idea about how long you are taking for each section. Time management is also essential when you are studying. You need to study for a specific period and you cannot keep wasting time. You also should not sit with one topic for too long. Therefore, it is best to study for short sessions. 

• Learn in Any Language You Prefer

At times, you may find it difficult to understand certain topics in English. This is why Unacademy has Educators who teach in different languages. If you prefer to study in your vernacular language, you can choose a course in Hindi or any other language that you find easy to understand. Once you understand a concept in your vernacular language, you will be able to write answers in English. 

FAQs

1. What is the eligibility criteria for the CA Final Group 1 exam? 

According to the eligibility criteria for the CA Final Group 1 Exam, you need to pass the Foundation course first. You can also qualify for the examination if you pass an equivalent examination. You are also eligible for the CA Final Group 1 exam if you have already registered under the old syllabus. Other educational qualifications that meet the eligibility criteria include proof of completing a Professional Competence Course, converted into Intermediate (IPC) Course or Accounting Technician Course (ATC). You are also eligible if you have completed graduation and post-graduation from any recognised Indian institution in any recognised subject. 

2. What is the exam pattern for CA Final Group 1? 

The exam paper pattern for the CA Final Group 1 examination includes four sections. You need to attempt questions in all four sections and answer them correctly to qualify. 

3. How early do you need to start your CA Final Group 1 exam preparation? 

The time you need to prepare for the CA Final Group 1 examination depends on what you already know and how you still need to study. You may need 6 months to a year to prepare for the exam. You can even finish the syllabus in a few weeks. Joining Unacademy will help you complete the syllabus on time. Depending on how many lessons you need and how long you have left for the CA Final Group 1 exam, you can enroll for a course. These courses include various lessons - from 18 to 27. You can choose fewer or more lessons if you need additional help with any subject. 

4. Why choose Unacademy for CA Final Group 1 exam preparation? 

Unacademy is a great platform for preparing for the CA Final Group 1 examination. Unacademy offers classes and live lectures to all candidates who sign up for the courses. You can access the Unacademy Plus database and go through question papers and take Mock Tests. The Educators at Unacademy have years of experience and you can rely on them to thoroughly prepare you for the examination. 

5. Can you clear CA Final Group 1 in the first attempt? 

Some candidates may need to take multiple attempts to clear the CA Final Group 1 examination. However, you can clear it in one attempt if you prepare well. Unacademy provides special courses for numerous batches and experienced Educators will help you ace the exam on the first attempt. If you join Unacademy Plus, you will not need to worry about multiple attempts.  

6. Is the CA Final Group 1 examination held more than once a year? 

The CA Final Group 1 examination is held twice every year. It will be held once in May and then again in November. You can register and fill up the application for either of these two sessions.