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Mental Health and Well-being of Chartered Accountants

Chartered Accountancy (CA) has been one of the most popular career options in India. Many people consider choosing CA as their career from a young age. CA exams are known to be one of the tough competitive exams in India that test the intellectual limits, critical thinking, and problem-solving abilities of the candidates, at their finest. 

Once they clear the exams and are awarded a CA Degree, they can start their journey working as an independent CA. The journey is fairly hard but CA is undoubtedly one of the most sought-after jobs with impressive salary packages. However, with attractive annual packages, also come great responsibilities, workload, and stress.

Psychological Factors Affecting Chartered Accountants

The Chartered Accountants Benevolent Association (CABA) is a non-profit organization that offers help to all the members of the Institute of Chartered Accountants in England and Wales (ICAEW) community. They have reported recently that the two main reasons accountants called last year have to do with mental well-being and stress. 

Here are a few of the many situations hampering the mental health of CAs:

Extensive Preparation - The CA final exams are tough and one needs to be extremely dedicated and consistent throughout the journey. There are a total of 8 subjects of CA final exams so all CA aspirants must study for at least 10-12 hours every day for 5-6 months at a stretch. There is generally zero to very little time left for candidates to socialize. That means saying no to most of the parties, vacations, or even family get-togethers if they want to cover the entire CA foundation study material within time.

Tough Competition - Thousands of students appear for the exams every year while only 5% of them become successful accountants. As the competition is very high, there isn't much room for mistakes. 

Critical Job Responsibilities - CA professionals deal with huge numbers of financial information, critical business decisions, and manage the treasury functions of a company. Needless to say, they are required to work hard in a pretty hectic schedule. Anxiety and stress are quite inevitable while dealing with such important tasks. 

No Personal Life - Professionals involved with financial accounting usually do not get much family time as their job demands a huge time commitment. Not being there for the family can have substantial effects on a working professional and can potentially hamper their decision-making skills and critical thinking abilities. Panic/anxiety attacks are much more common in finance professionals, as per research. 

Stressful Work - While the luxurious life of CAs may be intriguing, it is also a fact that one minor mistake of a CA is enough to ruin a company’s and the shareholders’ future. Imagine the amount of stress they have to deal with, in order to live that luxurious life. The job itself is challenging for a person’s emotional well-being. 

Things To Do For Mental Health Well-being

There will always be some downsides of every profession, more or less, but people must ensure their mental well-being and maintain a good work-life balance no matter what happens, irrespective of the professional sphere. 

Here are some things to maintain positive mental health:

Stop neglecting your health, take care of it properly.

Do not skip your meals and drink lots of water.

Try meditation to relax your mind. Put on some soothing music or light a scented candle.

If work becomes too stressful, talk to your peers about it. You may take some time off and focus on your well-being.

Try to spend some quality time with your family and friends. Everyone needs some refreshment.

Plan and strategize your work schedule a bit ahead of time. Last-minute rushes are not good Anxiety.

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JK Shah Online provides the best CA online courses in India. We have offices in Mumbai, Delhi, Rajkot, Surat, Vadodara, Veraval, Junagadh, Jamnagar, Jaipur, Indore, Hyderabad, Coimbatore, Chennai, Bengaluru & Ahmedabad. We offer you the best study material online for CA final  Enroll Now!

From 2020 till now, students have been restricted to online classes owing to the risks of the worldwide pandemic. While online coaching does not offer the comprehensive benefits of classroom learning, online video lectures offer some specific perks and aids. Further, they work well for those students who need to prepare for competitive exams like CA.

Yes! Many coaching classes conduct CA classes/lectures online. However, many students do not find them completely helpful. Pre-recorded CA video lectures, on the other hand, help students a lot when they have to self-study at home. Reputed classes that offer the best CA coaching in India have already started providing their students with CA video lectures. 

Here are a few advantages of signing up for CA online classes that offer video lectures for CA students. 

You Can Personalize Your Timetable 

The best thing about CA online classes’ video lectures is that you can study as per your schedule and from any place of your choice. When you do not need to follow a pre-fixed timetable, you can make one that is most convenient for you. With CA video lectures, you can plan your study according to other activities of the day.

It Saves Time When Compared to Offline Lectures 

Attending CA classes online through video lectures will save you a lot of time because you can access them anywhere and anytime. Hence, you need not commute to attend an actual class or prepare yourself for classroom learning. This saves both time and energy. It allows you to make more time for yourself or to get some rest. 

It Costs Less Than Offline Classes 

Video lectures cost lesser than classroom learning & coaching. Once you purchase the CA video lectures online, all you need is a good internet speed to download them. You can complete the payment online and do not have to visit any branch. If you choose a good institute, you receive the best online assistance too. Many reputed online CA classes also provide good study material along with their online video lectures. Make sure you pick a trusted CA coaching class online.

You Can Revise Better with Recorded Video Lectures

You can pause or rewind the video lectures and watch them as many times as you need. Having unlimited access to such online lectures is extra helpful while revising a specific subject or chapter before exams. 

In India, many CA coaching classes have branches across different cities. One of them is JK Shah, an institute known to provide the best CA coaching in India. The institute is well-known for its highly-qualified faculty members and the extensive study material it provides. JK Shah classes’ online CA video lectures help students prepare for exams if they choose to self-study at home. 

JK Shah Online is one of the best CA faculty classes in India with years of expertise in different subjects to coach students with proven methods to be the best. No assistants, no articles, no junior teachers! All doubts cleared within 48 hours. J.K. Shah Online offers students an online learning platform that is a great time saver and an excellent mode of study.

JK Shah Online is one of the best CA faculty classes in India with years of expertise in different subjects to coach students with proven methods to be the best. No assistants, no articles, no junior teachers! All doubts cleared within 48 hours. J.K. Shah Online offers students an online learning platform that is a great time saver and an excellent mode of study.

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5 Effective Revision Strategies for CA exam

CA final exam preparation can be a battle! You have to burn the midnight oil to get to the other side of the shore. It is needless to say that practice makes one perfect and that’s why Chartered Accountant exam preparation needs endless toil. It’s like they say, the more you swear in practice, the less you bleed in battle. Hard work, determination, and a lot of patience is the secret recipe for the CA exam.

Let’s learn the 5 effective best revision strategies for the CA exam. 

Allocate Time to Each Subject 

We all have our favorite subjects and we master them with consistency and hard work. However, all subjects hold a lot of importance and need time and hard work. The more we practice, the more our confidence grows. So allocating time for each subject re ally helps in getting a clear and precise idea of the subject matter. Allocating time will help us understand the subject better and focus on weaknesses as well as strengths and excel the CA final exam. Dividing time can really help in giving more attention to every subject and sharpening the memory. 

Take Breaks in Between 

Taking breaks in between studies is crucial as it helps you retain the subject matter. Taking a 10 minutes break after 40-50 minutes of studying helps in maintaining a breather and is the most effective way to retain information. Retaining helps in writing down the pointers and also helps in memorizing the concepts. CA final exam preparation needs a lot of strategizing and hours of toil so be prepared. 

Evaluate Your Strengths and Weak Points

Each one of us is unique and we all have our strengths and weaknesses. We should find out the subjects which we can nail during exams and also prioritize the subjects which we think we lack confidence in. During revision, we can focus on the subjects that need more attention and divide our time accordingly. This is one of the best revision strategies for the CA final exam. 

Gather Material for Practice 

There are a lot of materials that you can get online. Some of the really good studies that you can get is from - ICAI Practice manuals, RTP’s issued by ICAI, mock test papers by ICAI, Test series conducted by private institutes. It is really crucial to practice the mock papers so that you have an idea of how to approach each subject. You can also set a time for each question paper to check your progress. Set a timer for each subject and monitor your growth. 

Study Smart 

CA syllabus is vast, we all know that. And be really selective when it comes to the CA exam. Focus on the important topics and invest time in the crucial subject matters. This way you’ll be able to excel in the subjects and solve all the mock papers easily. Also notice the marks distribution, so that it helps to understand the gravity of each subject. 

Follow these carefully through exam strategies that can help you prepare. CA exam preparation will need a lot of patience. So if you are looking for a good online class for your CA exam, you can check out JK Shah online classes for the best tips and materials and pass your CA final exam with flying colors!

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The preparation for Chartered Accountancy requires tremendous dedication and tenacity. But do not get worried. The ICAI has laid down some fundamental ways to start preparing for that big leap. Here are some tips and tricks for you to level up your CA exam preparations. 

Start Early 

When the new academic year has begun, it is time to start preparing for the CA exam in advance. Neglecting studies can be dangerous. Most students wait for the right time to start preparing but the sooner you start the better. Following the right routine and study material gives you the right path to excel on the CA exam. 

Make a Plan 

Making a plan is the best way to start CA exam preparations. Preparing a timetable for each subject is highly important. This will help you target each subject with precision and not make your schedules hectic. Allot an equal timeline for each subject and extend the time as you progress. You can also set a timer for each subject and complete the syllabus part by part. 

Break Syllabus Into Chunks 

Don’t go for the entire syllabus all at once. Break it into chunks and allow equal time for each subject. It is also important to study the CA exam patterns and questions which are easily available on the official website of ICAI. Know about the subjects and approach them one at a time. 

Choose the Right Coaching Source 

Choosing the best CA classes online that give you crystal clear insights into the CA exam preparations. The two fundamental steps to crack the CA exam is proper guidance and hard work. A good way to choose the right institute is to know about their last year’s results. That way, it will give you a clear perspective of the guidance that is given in the coaching institute. The right guidance and coaching make a lot of difference in the CA exams. 

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J.K. Shah Online offers students an online learning platform that is a great time saver and an excellent mode of study. Jk Shah is the Best CA institute in India since 1983. J.K. Shah Online is the brainchild of CA Vishal Shah, who has a thorough understanding of the needs of CA students, and a keen sense of e-learning technology.