May 2015 exam preparations

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Querist : Anonymous

Querist : Anonymous (Querist)

26 September 2014 I have my CA final attempt in may 2015.With all the amendments going on in Companies Act i am really confused as to how to start my preparations for law. Kindly help regarding which books to refer.
Also if i start with allied law first is it that there are no changes in allied law for may attempt .

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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26 September 2014 after 30.10.2014 any changes will not be applicable for may 15 so start by nov14 and refer munish bhandari + pm

Ankur Garg

Ankur Garg (Expert)
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27 September 2014 Applicability of notified sections of the Companies Act, 2013 for May 2015 Exam

ICAI vide its Notification dated 20.05.2014, has notified that the relevant sections of the Companies Act, 2013 notified till September 30, 2014 would be applicable for May 2015 examinations for the IPCC and Final papers as defined in said notification.

Download ICAI Notification in this regard from the link below:

http://220.227.161.86/33529bos23144may15.pdf

6. Revision of syllabus for May 2015 due to applicability of Companies Act, 2015

ICAI vide its Notification dated 20.05.2014, has uploaded a 16 page documents on its website regarding Revision of the syllabus for May 2015 examinations and onwards pursuant to enactment of the Companies Act, 2013.

This 16 page document contains changes made in syllabus of IPCC and Final due to enactment of the Companies Act, 2013. You may download this notification cum new syllabus file from the link provided below:

http://220.227.161.86/33531bos23144syllabus.pdf

Thanks

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Ankur Garg

Ankur Garg (Expert)
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27 September 2014 For CA final law preparation simply refer the book of Munish Bhandari.

Download Study Material, Practice Manual, Power Point Presentations, relevant for November 14 examinations:

http://www.icai.org/post.html?post_id=10085

How to start exam preparation

https://www.caclubindia.com/forum/how-to-start-your-exam-preparation-92719.asp

Some Exam Suggestions and tips for November 2014 Exam

https://www.caclubindia.com/articles/exam-oriented-suggestions-and-tips-for-november-2014-exam-21175.asp

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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