The National Testing Agency (NTA) is set to host the CUET UG 2024 exam in hybrid (CBT/Pen & Paper) mode between 15 and 31 May 2024 across multiple centres in 380 cities, including 26 cities outside India. This exam is a crucial national-level selection procedure for aspiring students who want to seek admission to multiple undergraduate courses in central universities under the Ministry of Education, and other participating universities/institutions/organisations/autonomous colleges.
Preparing for the CUET Accountancy exam requires a focused approach to ensure success. So to guide students with their preparation, The Telegraph Online Edugraph spoke to CA Vivek Patwari, Assistant Professor (Commerce Dept) at The Bhawanipur Education Society College.
Here's a breakdown of essential strategies to maximise your performance:
1. Mastering the Fundamentals-
Begin by thoroughly understanding the CUET Accountancy syllabus and dedicating extra focus to high-weightage topics like Partnership Accounts, Company Accounts, and Financial Statement Analysis. Prioritise solving problems from higher secondary textbooks, as these solidify your understanding of core concepts.
2. Targeted Practice and Revision -
Consistent practice is crucial. Solve diverse accountancy problems from varied sources. Implement mock tests to identify weaknesses, improve time management, and build confidence. Maintain a focus on the fundamentals of journal entries, financial statement preparation, and ratio analysis. Revise using concise notes and a formula reference sheet.
3. Strategies for Success -
Utilise visual learning tools like mind maps and flowcharts for complex topics. Practise computerised accounting software (if available) for familiarity. Consider joining a study group to discuss concepts and problem-solving techniques.
4. Exam Day Readiness
Get sufficient rest and maintain a balanced diet prior to the exam. Practice relaxation techniques to manage any exam-related anxiety. In the exam hall, read questions carefully to avoid misinterpretation and strategically allocate your time. Be absolutely sure of an answer before marking it, otherwise it's better to leave it blank because of the presence of negative marking.
KEY TAKEAWAYS -
Success in the CUET Accountancy exam hinges on:
•Dedication to consistent practice
•Strong understanding of core accounting principles
•Proficiency in calculations
•Neat presentation of financial statements
•Approach accountancy as a problem-solving exercise, appreciating the underlying logic of the subject.
With a well-structured preparation plan and unwavering focus, you can achieve your best possible results on the CUET UG Accountancy exam 2024.
