Icai recommended books 2014

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06 February 2014 plz suggest books for ca final subject wise for 2014??

Ganeshbabu K

Ganeshbabu K (Expert)
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07 February 2014 financial reporting ...mp vijay kumar

sfm.....pattabhi ram and sd bala

law...munish bhandari

audit....surabhi bansal

ama...pc tulsian

isca...dinesh madan

dt...tnmanoharan

idt..vaitheeswaran

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10 February 2014 any alternative book(good) for fr audit & idt??

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Asha Kanta Sharma

Asha Kanta Sharma

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28 July 2024 For the CA Final exams in 2014, the Institute of Chartered Accountants of India (ICAI) recommended specific textbooks and study materials. While the core texts are usually recommended by ICAI, students often seek alternative books to gain a different perspective or deeper understanding of subjects. Here’s a comprehensive guide to the recommended and alternative books for each CA Final subject:

### **1. Financial Reporting (FR)**

#### **ICAI Recommended Books**
- **ICAI Study Material**: The official ICAI study material is the primary source.
- **Practice Manuals**: ICAI's practice manuals for Financial Reporting are also crucial.

#### **Alternative Books**
- **"Financial Reporting" by D. S. Rawat**: Known for detailed explanations and additional practice questions.
- **"Corporate Accounting" by S. N. Maheshwari**: Provides a thorough understanding of corporate accounting standards.
- **"Financial Reporting" by P. C. Tulsian**: Comprehensive and includes practical problems and solutions.

### **2. Strategic Financial Management (SFM)**

#### **ICAI Recommended Books**
- **ICAI Study Material**: Core study material provided by ICAI.
- **Practice Manuals**: The practice manuals are very useful for understanding application.

#### **Alternative Books**
- **"Strategic Financial Management" by Rajesh Agarwal**: Good for detailed theoretical concepts and practical problems.
- **"Financial Management and Policy" by James C. Van Horne and John M. Wachowicz**: Helpful for conceptual understanding.
- **"SFM" by Vinod Kumar Agarwal**: Comprehensive with a focus on practical problems and solutions.

### **3. Auditing and Assurance (Audit)**

#### **ICAI Recommended Books**
- **ICAI Study Material**: The official material for the subject.
- **Practice Manuals**: Essential for practicing various types of questions.

#### **Alternative Books**
- **"Auditing and Assurance" by Kamal Garg**: Detailed and covers both theoretical and practical aspects.
- **"Practical Auditing" by B. N. Tandon**: Provides a deep dive into auditing practices.
- **"Audit and Assurance" by CA. S. K. Agarwal**: Known for clarity and extensive coverage of topics.

### **4. Information Systems Control and Audit (ISCA)**

#### **ICAI Recommended Books**
- **ICAI Study Material**: Core material prescribed by ICAI.
- **Practice Manuals**: Useful for practical application.

#### **Alternative Books**
- **"Information Systems Control and Audit" by J. S. Arora**: Offers detailed explanations and practice problems.
- **"ISCA" by S. G. Dey**: Comprehensive and well-structured for exam preparation.
- **"IT and Systems Audit" by J. K. Shah**: Good for understanding practical aspects and case studies.

### **5. Direct Tax Laws and International Taxation (DT & IDT)**

#### **ICAI Recommended Books**
- **ICAI Study Material**: The primary source of study material.
- **Practice Manuals**: Important for solving practical questions.

#### **Alternative Books**
- **"Direct Taxes Law and Practice" by Vinod K. Singhania and Monica Singhania**: Comprehensive coverage of direct tax laws.
- **"Direct Tax Laws and Practice" by T. N. Manoharan**: Detailed explanation of direct tax provisions and case studies.
- **"Indirect Taxes" by V. S. Datey**: Widely used for its detailed treatment of indirect taxation.
- **"Indirect Tax Laws" by Ahuja & Gupta**: Known for clarity and practical approach to indirect taxes.

### **6. Corporate and Economic Laws (CL & EL)**

#### **ICAI Recommended Books**
- **ICAI Study Material**: Official study material for Corporate and Economic Laws.
- **Practice Manuals**: Essential for practice.

#### **Alternative Books**
- **"Corporate Law" by Munish Bhandari**: Detailed coverage of corporate laws with numerous case studies.
- **"Economic Laws" by K. K. Aggarwal**: Comprehensive treatment of economic laws and related topics.
- **"Corporate and Economic Laws" by Ashok B. Khetan**: Well-organized and useful for both understanding and revision.

### **Study Tips**

1. **Focus on ICAI Materials**: The ICAI study materials and practice manuals are closely aligned with the exam pattern.
2. **Use Alternative Books for Clarity**: Alternative books can provide additional explanations and perspectives.
3. **Solve Previous Papers**: Practice solving previous years’ papers to understand the exam pattern and frequently asked questions.
4. **Join Study Groups**: Collaborative study can help in understanding difficult concepts and solving complex problems.

By combining ICAI’s recommended materials with these alternative books, you can create a well-rounded study plan to effectively prepare for your CA Final exams.

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