CA Inter Passing Percentage May 2024

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@canotes congratulates all the toppers of the CA Final examinations held in May 2024.  Keep shining and inspiring others with your achievements. Best wishes for a bright and successful future! #ICAIResults #ICAIat75

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♦️ Study Tips : ♦️

From the desk of @ICAIexamtips

Subscribe here : www.tg-me.com/ICAIexamtips

1) Learn Ѕaмe Ιnғorмaтιon/cнapтerѕ ιn a varιeтy oғ wayѕ.

2) Ѕтυdy мυlтιple ѕυвjecтѕ eacн day raтнer тнan ғocυѕιng on 1 or 2 ѕυвjecтѕ.

3) Revιew тнe Cнapтerѕ/ιnғorмaтιon perιodιcally ιnѕтead oғ Craммιng.

4) Тaĸe 100% advanтage oғ Coacнιng Ιnѕтιтυтeѕ ιғ Joιned.

5) Ѕelғ ѕтυdy ιѕ ĸey тo ѕυcceѕѕ ιn Every Eхaм.

6) Ѕιмply, ѕυммarιze and coмpreѕѕ тнe Ιnғorмaтιon.

7) Мaĸe yoυr Own Нandwrιттen noтeѕ.

8) Мaĸe yoυr Ѕтυdy Ѕcнedυle and Plan yoυr Ѕтυdιeѕ.

9) Ѕнeer and Eмenѕe Pracтιce ιѕ Needed ғor Вoтн Тнeory aѕ well aѕ Pracтιcal Ѕυвjecтѕ.

10) Devoтe Eqυal Тιмe Тo Тнeory and Pracтιcal Ѕυвjecтѕ.

11) Conѕιder ΙCAΙ Мodυleѕ yoυr God. Coмpleтe ιт, geт тнoroυgн wιтн ιт. Revιѕe yoυr Ѕyllaвυѕ aѕ мany тιмeѕ aѕ yoυ can. Тнen мove тo МТPѕ, RТPѕ and Paѕт Eхaмιnaтιon Qυeѕтιonѕ.

12) Тaĸe Regυlar Ѕтυdy Вreaĸѕ. Ѕegregaтe yoυr Ѕтυdιeѕ aѕ per yoυr Coмғorт.

13) Ѕтιcĸ тo yoυr Goal, Worĸ Нard ғor ιт, Gιve yoυr 100% and reѕт leave ιт тo God. Don'т Overтнιnĸ, ιт wιll develop Ѕтreѕѕ and Preѕѕυre ιn yoυr Мιnd.....

And Laѕтly...

We are CA Ѕтυdenтѕ we all нave Aвιlιтy and Capaвιlιтy, Dιғғerence ιѕ нow we υѕe ιт. Ғollow 5D'ѕ Devoтιon, Deтerмιnaтιon, Dedιcaтιon, Dιѕcιplιne and Deѕιre ғor Ѕтυdιeѕ.....

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Study Tips #1


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📯CA Foundation Law Sales of Goods ACT handwritten Notes 🙌
https://castudynotes.com/2023/06/12/the-sale-of-goods-act-1930-handwritten-notes/


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🎁 CA Foundation Mock Test Papers (MTPs) Series- II for June 2024  :

💡Question Papers & Suggested Answers for June 2024 Exams :

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📍 Paper - 1: Accounting

💙Question Paper
https://www.tg-me.com/canotes_foundation/29117

🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29118

📍 Paper - 2: Business Law

💙Question Paper
https://www.tg-me.com/canotes_foundation/29119

🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29120

📍 Paper - 3: Maths, LR & Stats

💙Question Paper
https://www.tg-me.com/canotes_foundation/29121

🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29122

📍 Paper-4: Business Eco

💙Question Paper
https://www.tg-me.com/canotes_foundation/29123

🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/29124

🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-Series-II-June24

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📲Download Series I June 2024
https://tinyurl.com/CA-Found-MTP-1-June-2024
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Happy Learning and Keep Sharing

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🤔🤔Will I be able to study and turn things around after not studying at all for first few attempts of CA Exams?

Answer is here👇👇
https://castudynotes.com/2023/04/13/will-i-be-able-to-study-and-turn-things-around-after-not-studying-at-all-for-first-few-attempts-of-ca-exams/


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🎁 CA Foundation Mock Test Papers (MTPs) Series- II for June 2023  :

💡Question Papers & Suggested Answers for June 2023 Exams :

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📍 Paper - 1: Accounting

💙Question Paper
https://www.tg-me.com/canotes_foundation/25378

🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/25379

📍 Paper - 2: Law & BCR

💙Question Paper
https://www.tg-me.com/canotes_foundation/25380

🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/25388

📍 Paper - 3: Maths, LR & Stats

💙Question Paper
https://www.tg-me.com/canotes_foundation/25381

🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/25389

📍 Paper-4: Eco & BCK

💙Question Paper
https://www.tg-me.com/canotes_foundation/25390

🖤Suggested Answers
https://www.tg-me.com/canotes_foundation/25391

🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-June-2023

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Happy Learning and Keep Sharing

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📯CA Foundation Law Sales of Goods ACT handwritten Notes 🙌
https://castudynotes.com/2023/06/12/the-sale-of-goods-act-1930-handwritten-notes/


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💡CA Foundation 60 Marks Law Paper Analysis along with Important Repetitive Topics 👇
https://youtu.be/XUZpG2Flp-Q


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✅ ICAI Student Journal - July 2024

☑️ Special Issue:

➨ CA Final : Financial Reporting
➨ CA Inter : Adv Accounting
➨ CA Foundation : Accounting

📍Official Download Link :
https://www.icai.org/post/students-journal

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Group study or Individual study?

We have seen that CA students prefer group study, as they feel tough to study consistently for longer duration. However, negative ramifications  of group study shouldn’t be overlooked and one has to be cautious therein.

Benefits of Group Study:

*Collaboration and Discussion:* "Alone we can do so little; together we can do so much." - Helen Keller.
Group study allows students to discuss complex concepts, clarify doubts, and learn from each other's perspectives.

*Motivation and Accountability:* "Surround yourself with people who push you to do better."

Studying in a group can provide motivation and help maintain focus, as members hold each other accountable for progress.

However, following are major limitations of studying in a group, which needs to be handled properly:

*Distractions and Time Management:* "The chain is only as strong as its weakest link."
Group study can be counterproductive if members get distracted easily or have difficulty managing time effectively.

*Differences in Learning Pace:* "If everyone is moving forward together, then success takes care of itself." - Henry Ford.
Students may have varying learning speeds, leading to either slowing down or leaving some members behind.

*Dependency on Group:* "Individual commitment to a group effort - that is what makes a team work, a company work, a society work, a civilization work."
Sometimes, students may become overly reliant on the group, hindering their individual growth.

Hence, to address these concerns, following strategies can be useful:

*Establish Clear Goals and Structure:* Set specific study goals for each session and create a structured study plan. This helps in maintaining focus and avoiding distractions during group study sessions.

*Assign Roles and Responsibilities:* Designate different roles to each group member, such as timekeeper, facilitator, or note-taker. This ensures that the study session remains organized and productive.

*Set Ground Rules for Distractions:* Minimize distractions during group study sessions by agreeing on ground rules, such as prohibiting the use of mobile phones or social media during study time and even strictly AVOID chit chat and gossips.

*Combine Group and Individual Study:* Strike a balance between group study and individual study. Allocate time for both approaches, allowing group study to enhance understanding and individual study to focus on personal weaknesses.

*Discuss Challenging Concepts:* Encourage group members to explain challenging concepts to each other. Teaching others reinforces understanding and helps clarify misconceptions.

*Review and Reflect:* At the end of each group study session, review what was covered and reflect on the effectiveness of the session. Discuss what worked well and identify areas for improvement.

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🛑All Rights Reserved ©2023.
CA Notes & Updates.

Stand for the truth, even if you are alone. 🙏🏻🙏🏻💐💐

Salt -VS- Rice...

If you were to cook 3 cups of rice, would you add 3 cups of salt to it?

Certainly not!

So, in every preparation of rice, the rice always outnumbers the salt, yet a little salt makes a huge difference/impact in the overall outcome.

In the room in which you currently are, look up at the ceiling...

What is the size of the bulb compared to the size of the room? It is probably a ratio of 1:5000.

Yet, darkness flees the entire space once the small bulb is flipped on.

If I am the salt of the earth, and the light of the world, then "little me" has the ability to make big things happen..

Sometimes, because we feel outnumbered or overwhelmed at the sheer magnitude of evil or wrong-doers, we then choose powerlessness, and decide to go with the flow, not standing up for what we believe is right.

Little doesn't mean insignificant.
You are significant. Your presence should make a BIG difference. Stop waiting to be on the side of the majority. They may be the majority, but they are the trivial majority, and you are the impactful minority.

They are the rice of the world, and you are the salt of the world..
They are the room and you are the light.
Make your influence felt!

Remember:

You are the world's seasoning, to make it beautiful...

Have a great week ahead

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✅ ICAI Student Journal - July 2024

☑️ Special Issue:

➨ CA Final : Financial Reporting
➨ CA Inter : Adv Accounting
➨ CA Foundation : Accounting

📍Official Download Link :
https://www.icai.org/post/students-journal

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🧅What Onion teach us about Stocks📈

Tendu Police Station, November 2019.

Police found an empty truck in their area.

A trader from Nashik had complained to the police about not being able to track his goods.

On Nov 11, a truck had left from Nashik, Maharashtra with his goods.
It was supposed to reach Gorakhpur, Uttar Pradesh on Nov 22.

The trader from Nashik had sent 40 tons of onions to a wholesaler in Gorakhpur.

The 40 tons of onions were said to be worth around Rs 22 lakh.
All of it had been stolen.

Onion was selling for around Rs 100 per kg (vs Rs 16 per kg only a few months earlier).

The government explored the idea of buying onions from countries like Egypt and bringing them to India using airplanes.
Onions are an integral part of the Indian diet.

Why were onions so expensive?
India exports many agricultural items. Onions are exported too.
It is believed that in 2019, traders sold too many onions outside India. This led to a shortage of onions within India. And that caused the prices to shoot up.

We have all heard about it – supply and demand.

But how does it happen?
When there is a shortage of items, how does the price shoot up? Who is controlling it? Who decides the new price?
The answer to all of those questions: the market.

Simple Supply and Demand

Let’s say you are trying to sell your house.
Your house has something that most other houses don’t. Maybe a corner plot or a good view.

You put it up for sale for Rs 50 lakh.
Someone comes and offers you Rs 52 lakh. So you’re ready to sell.

But then someone else comes and offers Rs 55 lakh. So now, you will sell the house for Rs 55 lakh.

So just because of the buyers’ willingness to pay a higher price, the price of your house is Rs 55 lakh.

Now, imagine the opposite.
You put it up for sale for Rs 50 lakh. But most buyers want a newer house.

You get one buyer offering to pay Rs 45 lakh. Another one comes and makes a slightly better offer: Rs 47 lakh.

You really need the money. So you sell the house for Rs 47 lakh.
Now, the price of your house is Rs 47 lakh.

The Market

So far, this is quite simple to understand.
It gets more complicated.

When you’re selling a house, it might be very unique. So there’s only one such house on the market.

But what happens when you’re selling something that is not unique? What happens when you are selling something like onions?

There are many sellers. There are many buyers. And there’s competition among them.

Let’s say you are a big buyer. You run a big restaurant chain. You have to buy 50 kg of onions.
You go to the seller who was selling at Rs 20 per kg.

But he only has 30 kg of onions.
You buy 30 kg of onions from him for Rs 20.

But you need 50 kg total. So you still have to buy 20 kg more. You look for the next cheapest option.
There are many sellers but they all want Rs 22.

They know you need more onions – they know you are desperate. So they keep their prices high.
You find another seller who is selling at Rs 21 – and he has enough stocks to sell you 20 kg.
Done.
You bought 50 kg of onions:
-30 kg onion for Rs 20.
-20 kg onion for Rs 21.

Now, let’s make this more interesting.

That same day, news comes in that it has been raining non-stop in Maharashtra. Many fields are flooded.

This means that less onion is going to be produced.

Fearing a shortage of onions, buyers feel like keeping some extra onions at home.

So people start buying more onions.

Sensing this, one shopkeeper raises his price from Rs 21 to Rs 25.
His thinking: ‘People are buying more onions than usual. I am sure people will buy these onions even at a slightly higher price’.

On the other hand, buyers are thinking: ‘Onion prices will rise in the future because of the shortage. Let’s buy as much as possible while it is still relatively cheap’..
This sets off a chain reaction.
Seeing demand, more sellers increase their prices.

1/2

Read Part 2 from here.....

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❇️ CA Foundation Business Law RTP for June 2024 Exam :

By ICAI

Download All RTPs from here
https://tinyurl.com/CA-Found-RTP-June-2024

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🔹CA Foundation Law MTP 1 - June 2024 :

📍Question Paper

🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-June-2024

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