Akshat Jain (AIR 20): How He Scored 72 in Audit Theory

Akshat Jain
AIR 20 · 72 in Audit
Audit student of CA Ravi Taori · All Success Stories

Akshat Jain secured All India Rank 20 and scored 72 in Audit, a subject where high marks are hard to get. He credits daily consistency, a disciplined routine alongside full office days, and regular writing practice, plus two extra months on Audit and answers built around a few key words. He learnt Audit from CA Ravi Taori.

What three things helped Akshat Jain get AIR 20?

Akshat names three principles: consistency, discipline and writing practice. He says these held true for every exam he has written, right from Class 12.

Consistency: study a little every day. Then the exam does not feel like a burden, the subject does not feel too tough, and your interest stays alive.
Discipline: he had to go to office for the whole day, so he woke up early, slept early and made sure the day’s target was completed. He learnt to enjoy that challenge.
Writing practice: every day he did something in a practical or theory subject and made some notes. He says this helped him a lot.

How did Akshat stay consistent while going to office?

He followed a rough plan of what to do and when, and he said no to many things that would have broken it.

Akshat says saying no is very important in life. He turned down parties, outings and family functions. When his cousin got engaged, the whole family went, but he stayed back. He knew that missing even two days of preparation could cost him later, maybe even a subject.

He heard a lot from relatives at that time. Some asked why he was studying so much, as if they had never studied. Today, he says, nobody talks about it. People are happy that he said no to things and then showed results.

Ravi Sir added that this is about setting priorities, not about loving friends or family any less. Once the goal is met, there is time for everything else.

How did Akshat prepare Audit after his classes ended?

He studied Audit again chapter by chapter after classes ended and gave it two extra months, because he saw early that it is a vast subject.

In practical subjects, Akshat solved past exam question papers. For theory, he realised while finishing his classes that Audit is a big subject. If he did not take it up properly then, it could hurt him later.

So he went through Ravi Sir’s material chapter by chapter. Where he felt something needed more, he made his own notes. Ravi Sir called this a risk assessment: Akshat saw which subject could trouble him and started giving it time well before the exam.

Ravi Sir also explained what that writing looked like. Akshat read the full material first. Then, only where he had difficulty, he wrote down an extra chart or explanation alongside the existing charts. You do not need to write the whole subject, only the critical and important parts.

Did Akshat learn Audit answers word to word?

No. He focused on understanding what each concept is saying and on picking the few key words he could quote and underline in the exam.

Akshat says memorising everything is not possible. What you need is a basic understanding of what the concept wants to say. Definitions and points then follow from that.

He learnt answers so that he could hold on to the key words, write those same words in the exam and underline them. The examiner checks for them, and the examiner’s attention goes there.

How many keywords should you write in an Audit answer?

Akshat says a topic usually has only two to four key words that are worth quoting. You do not need a keyword in every point.

Ravi Sir asked about terms like assessed risk at the financial statement level and assertion level, further audit procedures, tests of controls and substantive procedures. Akshat’s view: do not chase many keywords. If you write and underline two or three of the right ones, that is an advantage.

Beyond keywords, he says, understand what the question asks and what the concept says. Then deliver that concept to the reader in good English, with good expression. His full focus was on getting his conceptual knowledge across.

What kept Akshat motivated through preparation?

His biggest motivation was to never walk out of the exam feeling he could have worked harder.

For Akshat, whether a rank came or not did not matter as much. What mattered was having no guilt about effort. Give 100%, and the result will be good.

In Akshat’s own words

“If you study a little every day, the exam will not feel like a burden, it will not feel that tough, and your interest will stay.”

“Saying no is very important in life. I had to say no in a lot of places.”

“I knew that if I missed even two days of my preparation, it could cost me a lot later.”

“I gave two months extra to Audit, so that my Audit would be strong.”

“In a topic you will find only two, three or four keywords that are really worth quoting.”

“After the exam, I should never feel that I could have worked harder.”

Akshat’s advice for students

Study a little every day; consistency matters most.
Learn to say no to parties and functions while you prepare.
Do not leave Audit for the end; give it extra time early.
Do not learn word to word; understand the concept and quote two or three key words.
Give 100% so you never feel you could have worked harder.

Frequently asked questions

How did Akshat Jain score 72 in Audit?

He gave Audit two extra months after his classes ended, studied the material chapter by chapter, and made his own notes only where he found difficulty. In the exam he focused on explaining the concept clearly and underlining two or three key words.

Should I memorise Audit answers word to word?

Akshat says memorising everything is not possible. Understand what the concept is saying, then remember and quote the two to four key words a topic carries.

How can I stay consistent while working full days at office?

Akshat woke up early, slept early and made sure each day's target was done. He also said no to parties, outings and even family functions so his plan would not break.