ACCA – Your Career Making Choice

ACCA or the Association of Chartered Certified Accountants, with over 500,000 students and one million members in 181 countries, is one of the fastest growing qualifications in the world. ACCA focuses on the purely technical aspects of business management like bookkeeping, cost accounting and theories of risk, and the curriculum is designed to cover all the technical and management skills required to become an accountant.

Becoming ACCA-qualified means that you become part of a globally-recognised network that opens up unlimited career opportunities across all sectors. Here are five more great reasons to consider opting for ACCA coaching.

International recognition
Having an ACCA qualification means that you are not restricted to career opportunities in a specified location. Based on IFAC’s accounting and auditing standards, ACCA is the only global accountancy qualification that is recognised worldwide. The ACCA program is designed to be in line with the requirements of employers and companies globally and enables you to work as far afield as North America, Africa or the Far East.

Unlimited job opportunities
Having an internationally recognised qualification will give the added benefits of understanding how international jurisdictions work, provide you with specialised knowledge, and possible bilingual or multilingual skills – unique advantages that will serve you for your whole career. ACCA members are also highly-sought after by employers in all sectors,  from accounting firms, corporate and public sectors in areas like banking, auditing, consulting, industry, taxation and law.

Comprehensive training
Training for an ACCA qualification includes a mix of theoretical and practical work that helps you develop major competencies required by employers worldwide. Recognised ACCA institutes will equip you with a combination of technical knowledge, communication skills, and diverse knowledge and skills related to core accountancy areas like business law, tax and audit as well as business strategy and organisational management.


Career prospects
The ACCA qualification is mandatory for anyone wishing to achieve senior leadership positions, indeed, for any person wanting to have a career in finance. An ACCA qualification increasingly in demand for lower-level jobs and more employers giving preference to qualified accountants than non-qualified ones.

Cost-effective
Compared to other qualifications, an ACCA qualification is affordable. As an ACCA student, you will undergo three years of practical job experience that gives you hands-on knowledge in accounting and finance along with other valuable skills. This will give you greatly enhanced career prospects upon achieving your ACCA qualification, as you will be able to perform in all areas of business. The cost of the degree is low compared to the rewards.

Flexible study
Whether you are a student or a professional accountant looking to enhance their career, ACCA provides flexible study options to suit your needs. It offers full-time and part-time study programmes as well as distance learning and online learning programmes. You can choose what you like and explore at your own pace.

Make the best choice for your future career. Select your qualification from the best ACCA Institute in Kerala.

8 Ways to Overcome Stress During Exams

Stress is part and parcel of a CA’s student’s life. Enrolling for CA coaching at the best CA institutes can help in managing your schedule, which in turn help you combat stress. Remember, stress can either drive you to better your efforts or demotivate and depress you.

Distinguish the signs of stress  

First and foremost, understand the stress trigger factors. Recognizing the signs will help you narrow down on the best possible ways to combat stress.

Some of the consequences of stress are:

  •    Poor appetite
  •    Emotionally unstable
  •    More anxious and irritable than usual
  •    Increased heart beat
  •    Difficulty in concentrating
  •    Sleep disorders
  •    Shallow breathing

If you sense these points, it’s time to address the cause to make sure it does not spin out of control.

Here are 8 ways to combat stress, so you don’t lose out on your study goals.

  1.    Manage your time

Wise time management can keep exam time stress-free. Drawing up a schedule well ahead of your exams can help eliminate last minute cramming. You will find that you have enough time to revise as the days approach.

  1.    Understand your study style

Pinpoint the exact time of the day when you feel most alert and also a place where you concentrate on your work the most. The good idea is to switch your workspace once in a while to get rid of boredom. You can also make use of the libraries within your CA coaching institute.

  1.    Early to bed

It is not advisable to study late into the night, especially on the night before your exam. Stop you revision one hour before bed time, have your dinner and go to sleep. Your brain cells get enough time to rest and switch off, and you will feel refreshed when you wake up the next day.

  1.    Stop comparing yourself with others

Don’t compare your knowledge or how much you have studied over discussions with your friends before or after the exam. It does not help at all; you will only panic about something you have no control of.

  1.    Eat healthy & exercise

It’s tempting to munch on fast food like burgers and pizzas while you are revising. However, your body and mind require a nutritious diet. Consume fresh fruits and vegetables and snack on high protein food like nuts. Don’t overdo the caffeine intake to avoid any disturbances to your sleep routine. Hit the gym or go for a run or a walk; exercise is a great de-stressor. Making time for exercise can only be gainful as it releases endorphins into your bloodstream which will leave you feeling happy.

  1.    Make music your friend

Music can help you focus and get the most of your study time by creating a conducive and positive atmosphere. Studies have shown that classical music can boost your brain’s cognitive abilities, but ambient music can be helpful too.

  1.    Read the stress signals

If you feel too tensed, then it’s time to take a break and open up to someone. Breathe in and breathe out till you relax and calm down. There are several apps and other resources available online which can help you combat stress levels.  

  1.    Take frequent breaks

Take a short brain break every 1 hour and then get back to your books. Reward yourself with some TV time, a book or a walk, this will help you focus again as you get back to your desk.  

At the end of the day, remember that exams are just exams. Success is much more than a good performance in your exams; your hard work will reap rewards.

HOW TO CHOOSE THE BEST INSTITUTE FOR CA IPCC COACHING

You have cleared CPT / FOUNDAITON, the first hurdle in the race towards becoming a Chartered Accountant and the next step is passing the CA IPCC / INTERMEDIATE exam. It is better to enroll at a CA coaching institute rather than go the self-study route. The best CA coaching institutes in Kerala provide the right environment for study with professional tutors, updated study material and a proper schedule for study, recapitulation and revision. You will also be in the company of other students preparing to face the exam and this will help you greatly in overcoming your fears.

Follow our step-by-step guide to determine the best CA coaching center to choose for CA INTERMEDIATE coaching.

Online search

Today, everyone relies on the internet to search for what they need. A search for the best CA coaching institutes in Kerala will yield you a list of veritable coaching classes that are available near you. Narrow down your list to 5 institutes before you make final decision.

Success rate

The next step would be to check the results of the previous batches. Large and reputed institutes always maintain a year-wise record of the results of their students. You can also verify the pass percentage and track record of successful candidates. You can also talk to former students of the institute to get the real picture of what the institute has to offer.

Faculty

The teaching faculty is the backbone of any coaching institute. The instructors should not just have the appropriate educational qualifications but should also possess experience in training and coaching students for CA.

Study material

Every CA coaching institutes in Kerala has their own set of study materials that they provide to their students. It is important that you peruse through these books to judge the quality of the material. Confirm for yourself if the study material is updated on a regular basis. You should also check if it has question bank with suggested answers.

Teaching aids and facilities

Find out for yourself about all the facilities and teaching aids that the institute provides. Check out the libraries and browse through their books, journals and magazines. You can also ask if they provide free Wi-Fi within the campus. Even though these aids and facilities are not a prerequisite for a good CA coaching institute, they do help in preparing you for the CA IPCC / INTERMEDIATE examination.

Course fees

It is also essential that you compare the cost of the courses offered by various institutes. High fees do not guarantee you an excellent course and be wary of institutes which offer hefty discounts on their fees. Always do a double check before you narrow down your list.  Remember that your decision is crucial and you will not be able to discontinue your course once you enroll at a CA Coaching Institute for your CA IPCC / INTERMEDIATE preparation.

Distance from your home

It is advisable to enroll at an institute which is not too far away from home to avoid long commutes to and from your home to the CA coaching institute. You should not spend more than 1 hour as travel time or you lose out on precious study time.

Beware of CA coaching institutes which run franchisee branches at various locations in the State. You should always insist on seeing the results of the institute you wish to join as some data might be misleading. The best CA institutes in Kerala also provide training on personality development to build up your confidence levels and also teach how to manage stress levels. They will also put you through mock tests and interviews to prepare you for what lies ahead.

It is crucial that you do the groundwork to find out all the details before you decide on the CA institute for IPCC coaching.

 

 

 

 

Time Management Tips for CA Students

IPPC / INTERMEDIATE is one of the most critical stages in the CA course, and CA IPCC / INTERMEDIATE exams can be challenging and stressful. Time is always a crucial factor – not just in the exam but during the preparation stage as well. By using the tips below to plan smartly and study efficiently, CA students can crack the exam to get the outcomes they want.

Establish your priorities

Defined objectives can give you the push you need to succeed. Know what exactly you want to achieve and write down your goals. Each subject comes with its challenges based on your level of learning and grasp of the subject so priorities accordingly.

Create a preparation schedule

Use electronic tools or good old pen and paper to create a plan you are comfortable with. Set aside time for group practice sessions as well as solo study hours, and also take into consideration your existing commitments like coaching classes, household chores, social events or other activities.

Mark the dates

Prevent a student’s worst nightmare. Use a calendar or an organiser to note down all the important dates like exam days, timings, deadlines, etc. This serves a double role as an important visual reminder as well as an impetus to work harder if you’re falling behind schedule.

Use your time wisely

Many students frequently assume that the best time to study is in the mornings when your mind is fresh and well rested, but this need not be true for everyone. Take your bodily rhythms and habits into consideration – if you feel sleepy after breakfast, or energetic in the evenings, adjust your schedule accordingly.

Take regular breaks during revisions

Frequent short breaks are essential for refreshing your mind, maintaining concentration and reducing the stress of exam preparation. Make sure to choose relaxing activities like going for a walk, listening to music or playing with your dog. Avoid activities like watching television or browsing social media as they are highly distracting and can burden your mind with unnecessary information.

Don’t stay up late

Make sure to get seven to eight hours of sleep every day. While studying through the night is a common tactic, it’s a waste of effort as your mind is too tired to process or retain information.

Good time management can help you avoid having to burn the midnight oil. Plan smartly, work efficiently and get plenty of sleep, and you’ll be prepared to give your best for the IPCC / INTERMEDIATE exam.

 

Common Pitfalls to avoid during CMA -USA exam preparation

The CMA –USA (Certified Management Accountant) offered by IMA (Institute of Management Accountant) certification is one of the most respected and sought-after professional credentials among management and finance professionals around the world. CMA (USA) courses are designed to meet the most demanding international standards. Not only does the certification guarantee great career opportunities and earning potential, CMA professionals commonly achieve primary decision-making roles in multinational enterprises.

In spite of all the incredible professional advantages they have, CMA exams are not as hard as they are made out to be. The right strategies implemented while keeping in mind certain essential facts; can help you pass the exam with flying colours. Below, we explore the most common mistakes that CMA aspirants make during their exam preparations and discuss how best to avoid these pitfalls.

  1. Lack of Planning

This is one of the primary reasons for unsuccessful results. A lot of students don’t take the time and effort to effectively plan out and stick to their study schedule. Instead of trying to learn everything at one go, it’s best to divide it into little parts and then conquer these individual parts at regular intervals. This way the students save a lot of stress and hurry during the last few weeks, and can spend an appropriate amount of time with revisions.

  1. Low Confidence

You can only truly achieve what you think you can. A lot of students look at the beast that is the CMA and it scares them so much that it drains them of the confidence to prepare effectively. In some extreme cases this lack of self-confidence paralyses their preparations entirely. The remedy is to approach the preparations with a clear head and an explicit idea of your own learning capabilities. This can help you plan your schedule in such a way that it complements your body’s natural rhythms and doesn’t tax your inherent learning potential.

  1. Going it Alone

On the opposite end, some students tend to get overconfident and underestimate the syllabus, thinking that they can get through it quickly and without any help. This is usually a bad idea. It would be best to register for full-fledged or classes with a reputed CMA – USA coaching centre. Not only does this help you clarify your doubts and polish up on the most important concepts, but it also allows you to connect with others like you. Engaging with your fellow CMA aspirants and sharing your troubles can lessen stress and boost your confidence.

  1. Constant Worrying

Stress is a major issue among young and old aspirants of professional courses. Worrying overtly about the outcome of the exams can strain you both physically and emotionally and have serious negative effects on your preparation. The best course of action in such cases is to remind yourself that a failed exam is not the end of the world, and that you can always try again. Positive thinking can help you overcome feelings of frustration and prepare more effectively.

  1. Ignoring the Need to Rest & Recharge

Just like any machine, the human body also needs fuel to function. This fuel usually comes in the form of a healthy diet and enough rest. A lot of students, especially during the last few weeks before exams, are so ingrained in their studies that they cut down on their sleep and adopt unhealthy dietary habits, like too much coffee or junk food. This can have a negative effect on their preparation. Adopting physical exercise, meditation or yoga can help you recharge better and improve concentration.

Though these tips can help you overcome some of the biggest difficulties you might face during your preparation, the most important point to remember is that you are the best person to help you. So approach your preparations strategically, stay calm, join a CMA – USA coaching class and don’t be afraid to seek help. And best of luck for your exams!

How to maintain concentration during CMA – India exam preparation

Becoming a Cost and Management Accountant means that you have earned a highly valued professional credential from the world’s most respected management and accounting competency organization. It puts you in a stellar league of just over 85,000 highly qualified professionals from around the globe. It almost guarantees you higher earning potential when compared to non-certified professionals.CMA professionals in India can choose from a whole spectrum of extraordinary job opportunities.

If you are an aspiring CMA (INDIA) or ICWAI professional, unnerved by the Herculean reputation of the exams, we’ve got some good news for you. With the combination of the right strategy and some diligence, there’s no reason why you can’t clear the exams in your first attempt. The first step, of course, is to have a clear idea of what the course and the certification is about, and to develop an interest in what you’re studying. Beyond this, if you’re struggling with your preparations and having a hard time maintaining concentration, here are some tips to help you out.

  1. Schedule, Schedule, Schedule

The right kind of scheduling is an important part of any endeavour. Whether you are preparing for your exams part time or full time, having a strict timetable can save you a lot of stress at the end, while helping you conquer your entire syllabus efficiently. A timetable can also help you identify at what times during the day you’re most alert and productive. This helps youutilize your body’s natural rhythm to maintain concentration and study more effectively. If you are having trouble sticking to a timetable, using a timer can prove handy.

  1. Get the Right Coaching

The right advisors and coaching team can have a game-changing effect on your CMA goals. Joining a reputed CMA course can help you clear your syllabus step-by-step while gaining a deeper understanding of the most important concepts. The coaching institute can also guide you through solving practice papers and previous year questions. It is also a place for you to connect with fellow aspirants and engage in group studiesand revisions before your exams.

  1. Stay Away From Digital Distractions

For all the engagement and easy connectivity that they provide, digital technologies can be a bane for a student in the 21st century. E-mails, social media and the internet in general is a vast and tempting labyrinth that can distract you for hours. All it takes is your momentary response to a notification. To maintain focus and concentration, find a nice, quiet place to study – free from digital, physical and audible distractions and interruptions.

  1. Effective R&R

The right kind of relaxation can be godsend for your concentration. Everybody has a natural work cycle, striving beyond which, they start getting fatigued and unproductive. Once you identify yours, it’s necessary to take regular and intermittent short breaks. These breaks should be used efficiently instead of surfing the web or catching up on social media. Doing yoga, meditation or solving puzzles like Sudoku can also help improve your capacity for concentration and memory.

  1. Smart Recharge

Just like any taxing physical activity, studying for long periods of time can tire your brain and drain your mental capabilities. This is why it is important to recharge and replenish your mind every study cycle. Avoid fried, oily and sugary foods and adopt a diet rich in healthy foods like fruits and vegetables. Too much of coffee or tea can also be bad for your concentration. To ensure that you don’t burn out and stay alert during the day, make sure that you get enough sleep and physical exercise.

For all the flak that they get about their difficulty, CMA (INDIA) exams are not that hard to crack. All you need is a well-thought out strategy, a bit of time investment, the right coaching and some dedicated, concentrated studying. We wish you the very best for your exams!

 

Steps to Become a Company Secretary

Company Secretary plays an important role in corporate governance – be it private or public sector company or an NGO. The Company Secretary plays the role of a moderator between the company and the board of director and their shareholders, the government and other regulatory bodies.

Continue reading Steps to Become a Company Secretary

9 Easy Tips to Crack your CA Exams

CA exams are the holy grail of aspirants who are looking to land plum jobs in the field of finance. Scores of student take the CA exam after several months of classes in training and preparing at CA coaching institutes. But the number of students who actually manage to pass these exams remain very low. The exam is divided into three levels – Continue reading 9 Easy Tips to Crack your CA Exams