Top 8 Websites For Commerce

Preparing for competitive commercial examinations by yourself may seem like a hurdle, especially when you are confronted with so many choices and options. One such example is the ICAI examination, hosted by the Institute of Chartered Accountants of India, which is treated as an equivalent qualification of a postgraduate degree. As many others have proved before, the ICAI examination is not as scary and stringent as it may appear. Read on to learn more about websites that can aid you in your ICAI preparation and clear the examinations successfully.

Websites That Help With ICAI Preparation

Several websites can help you clear your ICAI exams. Some of these give you detailed information about the examination and what to expect from them, and others help in the form of content and sample question papers. At Physicswallah, we are focused on giving you a comprehensive rundown of all the resources available online to make this experience a conducive one for you.

Websites that function as how-to guides

ICAI Exam: This is the official website for ICAI exams maintained by The Institute of Chartered Accountants of India, and it should be your first point of reference whenever you are doing your research for the CA exam. The website gives you information regarding the qualifications and categorization of the exam, the necessary documents required to appear for the examination, the previous year’s results, the details of the upcoming examination, and important announcements all ICAI aspirants need to keep in mind.

Shiksha: If you are fresher with no experience whatsoever, but you found yourself curious enough to look up the ICAI exam, this is the website for you. Shiksha gives you a quick and comprehensive explanation of the nuances of the examination, including what it is, who is eligible to appear for it, what are the different sections of the examination, qualifications and eligibility criteria, and the important dates as per the official website. If you are overwhelmed by the ICAI exam, you can start your research here and once you have gained enough confidence and understanding about the exam, apply for it on the official website.

Physics Wallah: We provide affordable live classes for the preparation of all major competitive examinations through revised syllabuses, in-class doubt-solving systems and experience with solving mock papers. The Chanakya Batch for CA students is concerned with covering four areas of core study: Principles and Practices of Accounting, Business Mathematics, Logical Reasoning and Statistics, Business Laws and Business Correspondence and Reporting and Business Economics and Business Commercial Knowledge.

Websites that provide material for the examination

ICAI Cloud Campus: Considered a division of the ICAI website, the cloud campus is a digital database of resources for all ICAI test takers. It essentially functions as a crash course of sorts. Sure, going through the cloud campus alone is not enough, but this is an excellent resource to begin your planning for preparation. The website contains information about the ICAI BOS mobile application, live coaching classes, practical training tests, articles and blogs, and the digital learning hub. You can also access quick revision notes on the website that have been prepared with last-minute studying in mind. This is the perfect resource to come back to when you want to revise or clarify whether you have covered all the necessary material.

Central Distribution System: Another variant of the official website, the Central Distribution System or the CDS set up by The Institute of Chartered Accountants of India (ICAI), is a digital and print database for study material and resources for students. There are several textbook kits, and study starter guides available here for rather reasonable prices. The guides and reference books are available in two languages: English and Hindi.

ICAI Course Summary: Affiliated with the ICAI website, the course summary pages provide all the necessary information about the three divisions of the examination and the various subjects covered in each of them. Every paper is further subdivided into study materials, supplementary materials, guidelines, types of questions, revision tests, mock exams and answer keys.

Embibe: Embibe is a digital database for previous year’s question papers and their solutions. If you are halfway through your preparation and want to gain some practical experience solving a few question papers and building up your speed, this website is the perfect fit for you. All you need to do is make an account on Embibe’s portal, and you can download several question papers and their answer key to add a little variety to your revision process.

Websites that aid in productive preparation

Evernote: If you want to tame the load of work you have to get done in a short period, Evernote is your website. You can use it to organise your work, make notes, scan documents, clip web pages, and even link it with your google calendar, so you have a digital copy of both your notes and your schedule on the go for effective revision and preparation.

Tomato Timer: Every test taker needs to be aware of the tried-and-tested Pomodoro technique of studying, which incorporates a combination of work and rest throughout the day. You generally work for 25 minutes, followed by five-minute intervals. Every fourth break is much longer. Tomato Timer simply makes the process a little easier and goofier, so you can have a slightly light-hearted studying experience.

Conclusion

Attempting the ICAI examination is a big deal, don’t let anyone tell you it is not. As an aspirant, you have quite a few long nights ahead of you, may it be in the form of preparation, revision, or the examination itself. However, online resources are a less confrontational and anxiety-provoking way of easing yourself into the world of commerce exams and the corporate world.

Visit us at Physicswallah’s one-stop platform for more information on the ICAI examination, preparation guides, and coaching classes. We are here to make this process as simple as it can be for you.

FAQs

Q1. How do I register for the ICAI examination?

Ans. While the registration process for the ICAI examination may seem rather daunting, it is not as difficult as it looks. Visit the official ICAI website, which gives you a complete breakdown of the examination registration process.

Q2. How many papers are there in the CA Foundation examination and what does the weightage look like?

Ans. CA Foundation examination has four papers: Principle and Practice of Accounting (100 marks), Business law and Business Correspondence and Reporting (100 marks), Business Mathematics And Logical Reasoning And Statistics (100 Marks), and Business Economics And Business And Commercial Knowledge (100 Marks).

Q3. What is considered the passing grade for the CA Foundation division of the ICAI examination?

Ans. To complete the examination, a student needs to score a minimum of 40 per cent on each paper separately and 50 per cent aggregate on all the papers.

Q4. Does the ICAI examination have a negative marking?

Ans. There is no negative marking for subjective questions. However, for all multiple-choice questions, there is a 0.25 dedication for wrong answers.