“I was a very average student. I dreamed of becoming a CA in 2006 when I was in grade 9 and after class 10 I chose Commerce. In class 12, I just scored 9 marks in Mathematics but I still registered for CPT (1st level CA exam) and cleared the same in the 1st attempt,” says Anshul Kulwal, CA Final Student from Indore, Madhya Pradesh.
“Then I started preparing for CA – IPCC (2nd level CA exam which consists of 2 groups, Group 1 & Group 2). Here how it went:
- IPCC 1st attempt to 4th attempt – The main reason I kept failing was lack of practice. I attended classes and used to study 8-10 hours a day. However, I did not write even a single Mock test till my IPCC 4th attempt. I started writing Mock tests before my 4th attempt and it helped me greatly. I realized where I was lacking and I improved on my mistakes.
- Also, another mistake I made was I used 2-3 references in Accounting Subjects which was a big mistake. I should have stuck to one book and ICAI Study material only.
- One more important thing – Go through all the previous attempt exam papers to have a knowledge about the paper patterns, kind of questions asked. Try solving them and then compare your answers with the answers suggested by The ICAI for every attempt. That way you can analyze yourself better.
- Theory subjects was always a hurdle for me to score well. However, once I started writing theory subjects while studying it helped so much. I, in fact, got an exemption in Audit due to this.
- IPCC 5th attempt – Cleared Group 1 in Nov’12 with an exemption in Audit. I started with articleship.
- IPCC 6th attempt – Group 2 Failed
- IPCC 7TH attempt- Group 2 Failed
- IPCC 8th attempt – Cleared Group 2. Finally passed IPCC in May’14 attempt. Great relief. However, just before this results, I had decided to quit CA and decided to go for an MBA. The day my MBA was going to start my IPCC Group 2 results were out and I had cleared Group 2 that attempt. Looks like the whole universe did not want me to leave CA. I took it as a positive sign from God dropped my MBA and started my CA Final preparation immediately as my CA Final attempt would be in Nov’201
So the main reason why I took so long for IPCC was:
- Lack of practice.
- Using too many reference books
- I did not give even a single mock paper.
- Presentation and handwriting issues
CA Final Journey:
During this CA Final phase, I met a lot of people making friends for life and also fell in love with a very nice girl. As my CA Final Exams were nearing I worked hard but kept failing attempt after attempt. Also, things between me and that girl did not go well and we eventually broke up. I went into a depression. The frustration was just increasing and I was shattered from within and felt broken completely.
I have given 5 attempts of CA Final and May’18 is going to be my 6th attempt. I have both groups to go and I do not have any other passion except becoming CA as I have never dreamed of any other degree except CA. Despite all the hair fall, getting underweight, broken hopes I am still trying hard to achieve the prefix CA.
My family always supports me, when I fail they always saying give one more attempt and try again. I know many people who are younger to me they are already CA’s and working and earning handsomely and all set in life but I never think of giving up.
With each and every attempt I am becoming more determined to be a Chartered Accountant. I know one day soon I will achieve the prefix CA and I will make my parents proud. It’s been 10 years in this journey. I am 26 but when I think of my dream I feel young, energetic and determined to be a CHARTERED ACCOUNTANT.
My Learnings from CA Final:
- Lack of writing practice especially Audit and ISCA.
- I always concentrated on both groups but at times I am under so much pressure that I am not able to give my best
- Lack of Confidence
- Lack of Proper Planning
My Lessons from my journey:
- I never blame luck for my failures. Every time failed I prepared with more Focus and Determination.
- Sometimes one subject doesn’t go well, do not let it affect the others papers as well. I have learned to let go of the entire journey.
- Failures had a positive impact on me it helped me to better myself. Somewhere when we fail it means we need to put a little more efforts may be in our study strategy or expand ourselves mentally.
- Have to enjoy the journey. Relax on Sundays and chill with friends and family.
- Because of the failures, I have grown in so many areas I have learned to analyze my mistakes and improve and face challenges. I seek opportunity in every failure. It’s not easy but this journey did prepare me for an amazing future,” he concluded.
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