CA INTER (PART-1)

 

INTER LEVEL(SECOND HURDLE)

 

WHAT IS INTER?

In this level there are total 8 papers each of 100 marks which are divided into two groups, Group1 consist of 4 exams and Group2 consist of 4 exams. A student needs to clear both the groups with at least 50% marks in both the groups i.e. 200/400 to move on final level. And also, in every paper at least 40% marks i.e. 40/100. The subjects are:-

GROUP 1	GROUP2
·         ACCOUNTING	·         ADVANCE ACCOUNTING
·         CORPORATE AND OTHER LAWS	·         AUDITING AND ASSURANCE
·         COST & MANAGEMENT ACCOUNTING	·         ENTERPRISE INFO. SYSTEM AND STARTEGIC MANAGEMENT
·         TAXATION	·         FIN. MNGMT. AND ECO. FOR FINANCE

After clearing either any one of the group or both the group, a student needs to start his article ship for 3 years. After completing the foundation exam now, I have to focused on second hurdle i.e. inter examination which was to be held in nov.2019. when the course was restructured by the institute the major changes was introduced in inter exam such as introduction of new subjects, topics, chapters of final level which makes the syllabus too vast. The moment I cleared foundation exam in jan.2019 one thing I decided that although I had cleared foundation with self-study but this cannot be work in inter exam. To clear inter exam in first attempt I need to take coaching classes as this will help me get better understanding of the subjects and also, I will be able to clear it in one go. Here also one thing which I decided that I will never go to Laxmi nagar (the hub of ca classes) for coaching rather I will try to find a coaching nearby my area.

 

MY FIRST MISTAKE IN INTER

 I joined a coaching class for tax and cost subjects and started from the first day feb.2019. I continue there for 2 weeks but I observe many difficulties and problems, such as:-

·         There were only two teachers who managing the whole institute and only one of them was a chartered accountant.

·         There was no specification for professional students’ classes, all the students pursuing graduation either from regular college or distance learning was combined with us.

·         Each class was around for 1-1:30 hr. maximum, that arises doubt in mind whether they will complete my syllabus within time?

·         Cost teacher was teaching us questions only of graduation level and not of ca level.

·         Tax teacher has directly moved to 5^th chapter rather than to start from the basics of income tax.

·         They do not have any material for ca students.

·         What I observe that both the teachers were teaching from the graduation point of view and not from the ca level.

Because of the above reason lots of doubts has arises in my mind whether the decision to join here was correct or not? So, I quit there and decided to continue on self -basis.

 

FIRST EXPERIENCE IN LAXMI NAGAR

So, one day in feb,2019 I went with my friend to Laxmi nagar for buying books for self-study. This was the first time that I had visited to Laxmi nagar, although I had visited one time before yet with my college friends in graduation time but that was just for taking photocopy notes of my friend. When I reach to Laxmi nagar  what I saw was totally new for me:-

·         Thousands of students, teachers, professionals I can see at one place.

·         In every window of buildings, there used to be a coaching class for CA/CS/CMA.

·         Almost all famous CA faculties were teaching there.

·         There are countless coaching classes for professional courses in commerce.

While moving on the road to reach at a stationary shop many pamphlets distributor was there for coaching advertisement. Many of them pamphlets was collected by me for inquiry purpose and also, I visited in an institute for getting detailed information about the fees of course, duration of the course etc. when I enter in the office of the institute the owner was sitting in their office. I went into the office sit on the chair, she firstly asked from me about my foundation marks, graduation status, my residence etc. when I said I had completed my graduation and also, I cleared foundation on the basis of self-study, she appraised my hard work. Then she speaks about the duration of the course, about the faculties, fees and offer me first to take some demo classes and watch videos on YouTube then take decision. At that time, I was in confusing situation and doubting myself whether I will be able to clear this level on my own? I make up my mind first to take some demo classes and watch some videos of faculties on YOUTUBE then I will decide whether to join it or not? After took exit from the institute I went to a stationary shop just on the right side of the institute and buy two books for self-study i.e. accounts and cost because I think to do this two subjects on my own and took class of tax and law subjects.

 

FIRST DAY OF COACHING IN LAXMI NAGAR

I exactly remember on the first day of taking demo class I was feeling so excited and also some nervousness in my mind because this was the first time in my life that I am going too far from home for taking coaching. I left home at 6:30 am because I had to reach there at 8:00am, it will take around 1:45 min. to reach there and also, I had change three metros. Finally, I reach there on time at the office building of the institute and from there the senior non-teaching staff member take me to with him to the building where classes were starting. When I enter in the classroom what I seen was totally new for me:-

·         The classroom space was huge that capacity of 100 students.

·         Many chairs were arranged there in a systematically manner.

·         Few students were also there discussing with each other. Some of them was discussing with the teacher.

·         2 non-teaching staff members was busy in arranging set up for recording class table chair for teacher.

·         Green sheet on the back side of the teacher, so that they can change the background in recorded class.

·         One camera in the front of the teacher, one mike, register for teacher, this whole environment was totally new for me. First time in my life I will see how online classes was recorded.

 

FIRST EXPEREINCE OF SUBJECTS WITH FACULTY

COST & MANAGEMENT CLASS

The first class which I take was of costing. The faculty was so humble and so kind to all the students. Before starting the class, he creates a friendly environment and makes every student relax and calm so that they can pay their full attention and study with 100% focus. He started from the basics of the topic and then move step by step to advance level. His teaching methodology was so simple and easy so that every student can understand the topic. The whole class was of 3:00 hour including of 10 min and at 11:00 am the class was over. break. His is very punctual of his time and tries to cover maximum part. This is the first time I had took continue class for one subject. He also did not give any homework but only said to revise complete what was done in class. Also, in the last 10 min. he revises the summary of the whole what was done in class.

 

CORPORATE & OTHER LAWS CLASS

This is the second class and also the most awaited class for me because I already had watched some videos on YouTube. what I find is that sir’s teaching style was so interesting and learning for all the students. Also, before come to the class I read the profile of sir which was so impressive for me because he is qualified chartered accountant as well as a lawyer from Faculty of Law, University of Delhi. This is unbelievable for me that how one person can achieve two professional degree. I am eagerly waiting for the sir class. When he entered into the class the whole environment was set to be a different level. His teaching style was so good and to the exam point. Sir designed his book in a very comprehensive manner which includes all past year questions along with their answers in a sequential manner and also in a very simple language. He also tries to keep smile on his and his students faces during the whole class. In law many students face this difficulty that they will not be able remember section no., provision, or forget key points, did not know how to present answer in exam. Well this all also in my case although I cleared foundation but till now I sacred of law because I don’t know how to deal with this subject. But after taking first class of sir I found yes that I can deal with it easily. He never let any student bore in his class and one interesting fact that the maximum time allotted for one class is 3hr but sir will end his class with 2-2:30 hr including 20 min. break. One thing here I would like to mentioned here is that that law sir is always be a motivational source for me, his dedication towards teaching and his subject encourage us to do more, push our limits every time.

 

ACCOUNTING CLASS

He is the most senior teachers I think in terms of age as well as qualifications. He is the only faculty have completed CA/CS/CMA along with MBA and Graduation. He possesses vast knowledge of accounting theoretical as well as practical. His teaching style was simplest among all the faculties. One thing I assure to every student that if you want to get exemption in accounting just complete sir’s book questions 3-4 times. He designed his book in a very comprehensive manner which includes all type of questions starting from basic to advance level.

 

TAXATION CLASS

Sir is one of the most favourite teacher of mine, I can say he is the face of the institute on YouTube. He posse’s vast knowledge, experience and understanding of his subject in terms of theoretical as well as practical. Sir’s teaching style is very interesting and sensible. He always tries to give examples from real world, logical explanation of every provision, section, rule and law for better understanding of the students. As tax is a subject which directly affect in real life of peoples, it requires for a teacher to connect theory with practical world and sir doing his job very well. Although I had taken class for tax subject in graduation but I never thought I can have experience of tax in a totally new way. When I take sir first class, I was so surprised that how a teacher with this subject can connect with the students so easily. He always maintains a healthy discussions with students and suggest him various things for future. He is a real-life example of what a person  can do on his own. He never takes any coaching in ca course, also he gets AIR(All India Rank) in intermediate on the basis of self-study only. He always focusses on covering all the topics of the subject. Sir’s behaviour is very funny in the class as well as outside the class which makes him one of the most interesting teacher and favourite teacher for many of the students. Sir is also a motivational source for many students.

 

EXPEREINCE WITH STUDENTS IN COACHING

When I take the first class, I thought that some students are below from me in terms of age and qualification and some were above from me in both the two aspects. But after 2-3 classes what I realize is that the reality what was totally different. Almost 99% of the students are below from my age i.e. 17-19 years and currently in the 1^st year of graduation, where my age is 21 and a graduate. Only one student was there who is graduated after me and enter in ca through direct entry route. After seeing that I was now have a doubt in my mind, am I enter late into this course? Sometime I feel so uncomfortable when I saw their faces after knowing that I had completed my graduation already! That was not only matter, also when they came to know that I give foundation also, they see me as a silly person. They think I made a wrong decision, rather I have to enter through direct entry route. Many time in class one or two students try to advise me that I had not made a smart decision. But after that slowly-slowly time was past, things become normal. I had made some friends and enjoy their company. We enjoyed each and every day of class and each other company. I think when you are in the same class, age doesn’t matter. In the end I can say that over-all it was an good experience for every student. We all have learned so much in that time period and I don’t think that anyone in the class will forget the friends that he/she make in class.    

 

MY INTER JOURNEY

I had started my coaching from feb, 2019, which was well within time and in my favour. Now I have 9 months period of time in my exams to be held in nov.2019.  During this 9 months I studied very hard with full dedication and seriousness. I prepare short notes for tax, law, audit subjects give test seriously and cover almost 60-70% of every subject. My full day schedule was to be like from 8:00am my first class to 11:00 am and from 11:30 am to 2:30pm or 3:00pm second class especially in tax class sometime it will end at 4:00pm. Classes were held 7days in a week. During this 9 months I had made so many sacrifices like:-

·         I did not watch any movie in theatre.

·         I did not attend any family function.

·         I  spend very less time with my friends on normal days but only Sunday I meet with them on cricket ground.

·         I  did not talk too much with my friends, relatives, cousins on mobile phone.

·         Also, I maintain a distance from social networking sites such as Facebook, WhatsApp etc.

 

 During my exams time I found that I am not giving my best into studies. I did not give equal weightage to every subject. I took very lightly the exam pressure and did not be serious at that time, especially in last two exams. I give my exams with the best I can do but some where I know in my mind that I will not be able to clear both the groups in first shot. When result in feb,3,2020 luckily, I cleared group1 with 50% only or at the edge of passing marks but in group2 I clear 3exams(with exemption in EIS & SM) but I failed in 1 exam(F.M & ECO) by 7 marks. this result was so surprised for me and I couldn’t believe on this what was happened with me. This was the first time in my life that I had taste failure in main examination ever. At that time, I don’t know whether I have to happy on this or sad. Because I cleared 7 out of 8 exams but just because I had failed in 1 exam I also had to give 2 more exams, because the of the criteria set by the institute i.e. if you failed in any of the one paper of a group then you have to reappear in that group but paper in which you got more than 60% marks will be exempted. So now I had again appeared for inter exam group2 but only for 3 exams.

MISTAKES I COMMITED IN INTER EXAM TIME

·         I took exam pressure to lightly and did not give my 100% or my best in few exams.

·         I believe on teacher videos on YouTube but did not believe on myself.

·         I totally dependent on coaching teachers and minimize my own efforts.

·         In last two exams I was over confident because of extra time I get.

·         I did not  practice questions provided in the study material of the institute.

·         I was over confident on presentations made by me in answer sheets.

     In the next part, I will share with you rest of my CA-INTER journey i.e. How I cleared my group-2 and articleship training journey. Till then good bye.

     MORALE :- "Don't doubt on your self, believe in self is the 1st step towards success."

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