Book for ca final dt and idt nov 2017 exam

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Querist : Anonymous

Querist : Anonymous (Querist)

25 July 2017 Sir please suggest me which is the best book to refer for CA final Direct taxes and indirect taxes for Nov 2017 exam which will also cover variety of practical problems.
Thank you.

Ankur Garg

Ankur Garg (Expert)
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25 July 2017 BOOKS FOR CA FINAL

You may go for the following options regarding books for ca final:

1. For Accounts/Financial Reporting: M.P. Vijay kumar or Shukla & Grawal along with Module And Compilation and for AS part go for D.S. Rawat

For CA Final AS preparation---Dolphi Desouza is also good.

2. Strategic Financial Management : A.N. Sridhar or V. Pattabi Ram

3. For Adv. Auditing & Professional Ethics: Surbhi Bansal/Prakhar Sharma/Paduka/ V.K Agrawal Note: (MP Vijay Kumar can be used for AS reference). My personal choice would be Surbhi Bansal

4. For Corporate & Allied Laws: Munish Bhandari and Bare Act with ICAI Study material.

5. For Mafa: Module and Notes of Tarun Mahajan. You may also refer A.N Sridhar.

6. For Direct Taxes: TN Manoharan (Theory part), Circular, Notification, Amendments, case laws. Also refer Vinod Gupta Modules.

7. For Indirect Taxes: Vandana Bangur. You may also refer Yashwant Mangal as all topics given in question and answer format and it is easy for revision.

8. For Information System control & audit: Module and Dinesh Madan. You may also refer Jignesh Cheda.

9. For Costing: Saxena and vashist or Ravi M Kishore with module

10. For Financial Reporting: MP Vijay Kumar or Parveen Sharma or Paduka

11. Advance Management Accounting: Paduka. It has also covered all the theory questions and is enough, no need to do practice manual.

Also refer Scanners and Suggested Answer issued by ICAI for previous year exams and revised them properly.

For some good notes explore CAClubindia forum and share file section. You may also use search facility of club.

Also explore some CA books at the link below:

www.cabooksonline.com

Best Regards

Ankur Garg

Ankur Garg (Expert)
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25 July 2017 THE BASICS OF STUDY

I would strongly suggest you all to stick to the basics of study to avoid further failure and ensure success. There is no need to make drastic changes in your preparation method. In CS and CA exams scanner, practice manual, revision test papers along with Institute study material plays an important role so take reference and plan your study accordingly. For me some basics of study are as follows:

1. Timely completion of course material—Very first basic thing is to finish your course to have better idea of course structure. This will also help you to prepare a good revision schedule along with study plan.

2. Timely revision-- Another basic study point is to give ample emphasis to a good revision plan. There is nothing is this world which can substitute a good revision plan. To succeed revision is must.

3. Ample amount of practice of Numerical [account and cost] questions-- One major reason of student failure is bad performance in practical questions. So ample amount of practice of Numerical [account and cost] questions is must along with perfect conceptual clarity.

4. Right amount of theory preparation in practical subjects—Most of the students don’t give due value to the theory in the practical subject. So right amount of theory preparation in practical subjects is equally important. The best way to solve this issue is to prepare notes of frequently asked theory questions from Scanner.

5. Selection of right books—Another basic point for good preparation is the selection of right reference books. So take help from your seniors in choosing right books.

6. Good presentation of theory— Lack of good presentation especially in theory paper is one of the major drawbacks for most of the students. In theory subjects good presentation of theory is must along with mentioning case laws and sections etc. So I’d request you all to take note of the same.

You are advised to regularly check the link given below to keep you in sync with latest amendments and keep a track of changes in Syllabus and various amendments from the BOS knowledge portal of ICAI:

http://www.icai.org/new_post.html?post_id=5720&c_id=314

Also check the link given below and use exam oriented material available at the BOS knowledge portal of ICAI:

http://www.icai.org/new_category.html?c_id=342

Also check following links for tips and tricks to handle Audit, Costing and SFM subjects:

1. ITSM Tips and Tricks:

https://www.caclubindia.com/articles/ipcc-exam-oriented-tips-and-tricks-for-itsm-subject-21750.asp#.VBq55VdqOZQ

2. SFM Tips and Tricks:

https://www.caclubindia.com/articles/tips-to-handle-strategic-financial-management-paper-sfm--21467.asp#.U_RLM6NqOZQ

3. Audit Tips and Tricks:

https://www.caclubindia.com/articles/suggestion-for-ca-final-and-ipcc-audit-paper-november-2014-21466.asp#.U_RLxqNqOZQ

4. Costing Tips and Tricks:

https://www.caclubindia.com/articles/tips-to-handle-costing-subject-in-professional-exams-21262.asp#.U_L-X6NqOZQ

5. Information System Control and Audit [ISCA] Tips and Tricks:

https://www.caclubindia.com/articles/suggestions-to-handle-information-system-control-audit-isca--21495.asp#.U_xt-KNqOZQ

6. Indirect Tax (IDT) Tips and Tricks:

https://www.caclubindia.com/articles/few-notable-points-regarding-indirect-tax-idt-preparation--21622.asp#.VAgSI6NqOZQ

I hope the above information would be of some help. Kindly revert in case you need any further assistance regarding your exam preparation.

Thanks
CS Ankur Garg

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