How I Got AIR 47 in CA Final on My Second Attempt | Overcoming CA Final Failure

After failing my first attempt at the CA Final, I managed to secure an All-India Rank of 47 on my second try. Achieving this in just three months was challenging and required a lot of strategic planning, determination, and support from my family. Here’s my story and the lessons I learned along the way that helped me turn failure into success.

November 03, 2024

Failure to Rank in CA Final

Facing the Failure

Failing the CA Final on my first attempt was heartbreaking, especially because of the financial stress my family was under. I remember telling my father that maybe it was time for me to get a job and start contributing. But his response was unexpected and exactly what I needed to hear: "Tu kyu tension le rha tera baap baitha hain na Abhi" (Why are you getting stressed? Your father is here for you.) Those words stuck with me. Knowing that my family was behind me lifted a weight off my shoulders and made me feel like I wasn’t alone in this.

The Three-Month Turnaround: Planning, Planning, and More Planning

With just three months to prepare for my second attempt, I knew I had to make every moment count. I put everything into creating a solid study plan—literally breaking down each day and hour. I mapped out exactly what I would study, how I would approach each subject, and when I’d review each topic. This structure helped me stay on track and allowed me to see progress every day, which kept me motivated.

Here’s what made a difference:

1.  Voice Notes for Theory Subjects: Theory-heavy subjects like Law, Audit, and ISCA were hard to retain, so I tried something new—I recorded myself summarizing each chapter into 15-20 minute audio clips. I’d listen to them whenever I could, which really helped reinforce the material. These audio summaries were a game-changer for me.

2. My Own Formula Book for Practical Subjects: For subjects involving calculations, I created a formula book that didn’t just list formulas but explained how and when to use them. This extra context made a big difference, especially in the stress of exam preparation, and it became my go-to guide.

3. Master Questions for Long Chapters: Some chapters, like the Holding Company chapter, have hundreds of questions. Rather than trying to do every single one just before exam, I created two “master questions” that included all major adjustments. These master questions were enough to cover the essentials, and practicing them helped me feel prepared without overwhelming myself.

Lessons Learned: "If You Fail to Plan, You Plan to Fail"

I realized that planning was everything. Without a clear roadmap, I would have been lost. But with a structured plan, each day felt meaningful, and I could see how all the small efforts added up. I learned that it’s not enough just to work hard; you have to work smart and be intentional about every hour you put in.

Staying Motivated: The Importance of Family Support

Throughout this journey, my father’s words stayed with me: “Fear is nothing in front of you because of who is behind you.” Knowing that I had my family’s support gave me the strength to push through difficult days. Every time I felt discouraged, I remembered why I was doing this, and that kept me going.


Frequently Asked Questions

1. How do you balance theory and practical subjects?
Creating audio notes for theory subjects and a reference formula's or summarized questions  for practicals worked well for me. It keeps you engaged and makes revision much easier.

2. Do I need to solve every question in the syllabus?
Focus on “master questions” that cover all types of adjustments, especially for complex chapters. It’s more efficient and prepares you for any question format.


For anyone going through a setback, remember: failure isn’t the end. With the right plan, determination, and support from the people around you, you can turn things around and achieve what you once thought was impossible. All the very Best. Hope you achieve all the heights. 

CA Tushar Makkar
Author - Auditing in real life | Consulting in India, US, Europe and Middle East | Content creator | Ex-PwC | CA AIR 47 Nov' 17 | YouTuber 40k+ | Expertise in manage accounts and Audit