3 and Half Months - CA Final - 8 Subjects ???

Page no : 2

Nandan Narula (CA Final Student) (938 Points)
Replied 14 July 2010

Hi Aditya

three and a half months are sufficeint for revising all the 8 papers provided you plan and execute well. But in your case, as all the 8 subjects are new to you, i dont think that u will be able to complete your entire syllabus spanning over 8 papers in sucha short time. Better, think practicall, and go for one group. All my best wishes are with you


CA Ravi Sisodia (CA,CS,CMA) (32226 Points)
Replied 14 July 2010

my dear friend you will pass both groups but its depands on your attitude, hard work, devotion, mental capacity, will power. if you have courage then anything is possible.

 

All the Best........


Faiz Ahmed ( Article Trainee) (1731 Points)
Replied 14 July 2010

3.5 months left........ Papers on which coconut to be broken--- 8 papers...  So effectively you will have to give  13 days to each paper. Do you think its possible??? If yes.... Go ahead. I can only say ALL THE BEST. 



Same question was asked by one of my close friend doing IPCC. She asked me 3 months before exams... I told her to go for only group1 of IPCC and study that very well. I tried to convince her by all possible facts and data. CA course is not like B.com or some other where we study 1 night before and vomit the next day. Whats the use??? When we(humans) study like that for 3.5 months preparing 8 papers or 7papers(IPCC), you can't do justice to all papers. Moreover with that half baked study , one can only give a beautiful smile to convince the interviewer of any firm.... Believe me, today she says that she has not done well in both groups. Lets wait for results also... I know it will be same as she said. What happened at last, she is not talking to me now and broken all means of contacts with me. 



So what the point is, you are doing a course called CA which many people say its certainly achievable(no doubt) also it demands one to have expert knowledge. I don't think that can be achieved practically in 3.5months. Now don't say " nothing is impossible"...... My view is All practically possible things are possible. In other words, no one can say--- I will be able to draw water in desert for 12 months.



So ... at last, think with your mind to achieve excellence through this CA . Do all those things which is required to achieve excellence.  My 100% support is for Ankur Sir reply.



All the best and study well .My best wishes are with you. Please respect this CA course. Crave for knowledge.

 

 

p.s. I know some people will abuse me for my comments, but that is harsh reality. Those abuses will not affect me. 

2 Like

Abbirami (CHARTERED ACCOUNTANT) (104 Points)
Replied 15 July 2010

Hi!  3.5 mths is not sufficient for all 8 subjects.. Always the 1st attempt is the best attempt.. so concentrate on single group rather than insufficent preparation in all subjects..


CA PuRvI M!$rA (-) (2260 Points)
Replied 15 July 2010

I SUGGEST ...JUST GO FR SINGLE GRP AS U DONT HV SUFF TYM TO PREPARE FOR BOTH GRPS...

CONCENTRATE ONLY ON SINGLE GRP...

BEST OF LUCK...



CA. Ganesh Ramachandran (Asst Finance Manager) (56 Points)
Replied 15 July 2010

As Mr  Ravindra sisodia rightly said, it depends on the attitude and commitment of a person. So please donot miss any group. Plan your studies and adhere to your time table.
 


yogeshwar malhotra (partner) (112 Points)
Replied 15 July 2010

DO NOT COUNT 3.5 MONTHS COUNT IT 105 DAYS


Syed Faraz (Manager, Audit, KPMG) (375 Points)
Replied 15 July 2010

I am in the same dilemma, but mine is ipcc. i;m doin my itt now, so after that i'll have just 3 months.. i still am unsure what to do. my friends say its possible but i;m a lil sceptical. damn!


yogeshwar malhotra (partner) (112 Points)
Replied 15 July 2010

NOTHING IS IMPOSSIBLE IN THIS WORLD.



(Guest)

To be more practical i cleared my papers in just 2 &1/2Months. Why cant you.For that what you need is planning( select right combination of  books,Proper allocation of time over each papers,extensive hours of prep subject to your health,beleive in god).. i would prefer to give you few ideas. and i am damb sure if you pay just a little attention to it the remaining story will be very very simple..here you go..

Combination of books

  • Accounts-Problem MPVijay kumarBook and for AS- DS Rawat. Please do not spend much time for consolidated Financial statement..concentrate on all small chapter..which will help you to attain 80% mark with atleast 90% accuracy.
  • Costing-Please refer Saxena & Vashist,it includes problem from RTP,suggested Answer,ICWA, IIM, study material and others..you will find exactly  same problem in exam atleast 3-4..you will rock
  • Corp Law- Munish Bhandari Book--Please do not choose any short cut for law,it will cut short the chances of passing in exam
  • Auditing- Vinod Agrawal- very user friendly and language isvery simple.concise presentation..helpfull since our time is short
  • MAFA- Please refer gurjukripa material specifically all typical illustrations,it includes all veriety of problem taken from various book---i'm assuring you will encounter 100% simillar problem with exact fact and figure.
  • MICS- try to select any short cut for preparation
  • Direct Tax- For assessment procedure  Please refer Vinod gupta module( Ass Proc, settlement com,appeal and revision, search and seizure,Interest and Advance tax) for remaining please refer Guru Kripa material.. concentrate more on PGBP
  • Indirect Tax- Banger Book--really helps

Again 100% study is impossible, try 80 % syllabus with 100%coverage- And the tips is helpfull only for last time preparation

Allocation of time

  

First 1 month spend 4-5 days( day and night) for each paper to cover atleast 60-70% syllabus. once you thru with all the papers with some extent then from next month onwords to try touch all the books every day so that you will stay away of tension. At the end of the preparation you will have some level of satisfaction that you cover everything though you are not master in all..everything will come in mind in exam hall.

Health

 Take care of your health till last day of exam. don't give much stress at the cost of your health.

 

hope you all get all known problem in the exam..make 3 hours story very simple...Good luck and come back with success.

 

Cheers

:P

 

 Pravanjan  Biswal

 

 

 

  trthhhkdhfd 

   trttT

3 Like


CA Ravi Sisodia (CA,CS,CMA) (32226 Points)
Replied 17 July 2010

 

Originally posted by : CA.Pravanjan Biswal

To be more practical i cleared my papers in just 2 &1/2Months. Why cant you.For that what you need is planning( select right combination of  books,Proper allocation of time over each papers,extensive hours of prep subject to your health,beleive in god).. i would prefer to give you few ideas. and i am damb sure if you pay just a little attention to it the remaining story will be very very simple..here you go..

Combination of books


Accounts-Problem MPVijay kumarBook and for AS- DS Rawat. Please do not spend much time for consolidated Financial statement..concentrate on all small chapter..which will help you to attain 80% mark with atleast 90% accuracy.

Costing-Please refer Saxena & Vashist,it includes problem from RTP,suggested Answer,ICWA, IIM, study material and others..you will find exactly  same problem in exam atleast 3-4..you will rock

Corp Law- Munish Bhandari Book--Please do not choose any short cut for law,it will cut short the chances of passing in exam

Auditing- Vinod Agrawal- very user friendly and language isvery simple.concise presentation..helpfull since our time is short

MAFA- Please refer gurjukripa material specifically all typical illustrations,it includes all veriety of problem taken from various book---i'm assuring you will encounter 100% simillar problem with exact fact and figure.

MICS- try to select any short cut for preparation

Direct Tax- For assessment procedure  Please refer Vinod gupta module( Ass Proc, settlement com,appeal and revision, search and seizure,Interest and Advance tax) for remaining please refer Guru Kripa material.. concentrate more on PGBP

Indirect Tax- Banger Book--really helps


Again 100% study is impossible, try 80 % syllabus with 100%coverage- And the tips is helpfull only for last time preparation

Allocation of time

  

First 1 month spend 4-5 days( day and night) for each paper to cover atleast 60-70% syllabus. once you thru with all the papers with some extent then from next month onwords to try touch all the books every day so that you will stay away of tension. At the end of the preparation you will have some level of satisfaction that you cover everything though you are not master in all..everything will come in mind in exam hall.

Health

 Take care of your health till last day of exam. don't give much stress at the cost of your health.

 

hope you all get all known problem in the exam..make 3 hours story very simple...Good luck and come back with success.

 

Cheers



 

 Pravanjan  Biswal

 

 

 

  

 Thanks for sharing your valuable experience. i am gled to know your great achievement. ALL THE BEST.....


abhishek (n/a) (31 Points)
Replied 19 July 2010

bade a yaar 3.5 months. u should go for a single group first, i think u will get success 


shailaja samant (Manager) (62 Points)
Replied 19 July 2010

 

With November 2010 exam less than FOUR months away, this is the best time to start preparing for the Exams. This text is a guide to prepare for CA final. A word of caution this guide is NOT A SHORT CUT for passing CA Final as we believe there is NO SHORT CUT for passing CA final. Only hard work, strategic planning, smart reading, time management & strong determination will lead you to success.

Preparation for CA final can be divided into THREE STEPS:

 

STEP I : PLANNING

“ BEST time to decide whether you want to appear

for BOTH group or ONE group. For an average

student four months time is ideal for the

preparation of CA Final exam provided he does

not lose track from studies.

" Student must know his or her input output ratio. The INPUT OUTPUT

RATIO can be calculated by dividing "total number of hours studied"

with the "number of hours of study understood" by the student. Based

on this ratio the timetable should be prepared.

" Ideally one should study for at least 12-15 hours a day. This should be

understood to mean you should be able to have an output of 12-15

hours.

" Content selection: Next step is to find out "from

where to study?" A student must list out best

available reference books, Institute's study

module, Revisionary test papers, Suggested

answers, Compilation. First study should be to

understand the CONCEPT (not to memorise).

" Assign priority to subjects as per your capabilities. Priortise subjects on

the basis of your comfort level with various subjects. Some students do

well in practical subjects whereas others are good in theoretical

subjects. A mix of one theory subject and one practical subject will do

wonders to break the monotony of the subject.

" Assign priority to each topic of a subject. During first study, go through

each and every topic thoroughly. Don't leave any topic for last time.

Also avoid taking up new material in the last time.

" Prepare time table considering above factors. Break down the same

into weeks and further into days. Allocate ample time for your other

daily activities (including 7 hours of sleep daily), which should take

around 12 hours. Also don't forget to take time for short breaks in

between studies.

" Allocate / plan your total time available for study in such a way that one

(thorough) study + two revisions can be done in four month's time.

Calculate total time in terms of number of hours required for first study

plus two revisions. Your first revision should take approximately half

the time spent in doing first study and your second revision should take

half the time spent in first revision. So the ideal ratio of time for first

study, first revision & second revision comes to 4:2:1. This means that

if you take 4 hours to study a topic in your first study then the same topic

in first revision should take 2 hours and same way in second revision

should take 1 hour.

" Always highlight important paragraphs / topic while doing first study.

This will help you in doing quick revision in first or second study and

also in doing fast track revision just before the exam day.

" Be sure to ACHIEVE your target in terms of number of hours for the day.

One should analyse his / her performance of the previous day to check

whether the same is per scheduled timetable. If necessary, make small

change in your time table to make it achievable. In short your time table

must be practically achievable.

" If your are planning to get a rank then follow this from the beginning.

Wake up every morning with your GOAL in your mind. Work on your

strength as well as your weaknesses. Before starting your studies

repeat this line daily "I aim to get a rank in CA Final".

" Take at least 2-3 subjects in a day. Possible combinations for one

practical & one theory subject can be Financial Report & Corporate

Law, Strategic Financial Management & Auditing, Direct Taxes & ISCA,

Management Accounting & Indirect Taxes.

" Divide each subject into different topic according to weight age. Do

topics which carry maximum marks but require minimum time to

complete. Like in Direct Taxes wealth tax carries 10 marks, in Law

small Acts like Competition Act, Banking Regulation Act and

Interpretation of Statutes carries 6 marks each. This way you are

assuring that minimum 18 marks are confirmed.

" For subjects like DT, IDT, Law includes latest amendments, case laws

in your studies. As latest amendments are favorites of paper setters.

" Also try to link common topics under different subjects. Like some

topics in Law & audit are common, completing such topics at one go will

save your time. On the other hand some subjects have topics which

must be done in a sequence like in Strategic Financial Management

(SFM) time value of money must be completed before taking up Capital

Budgeting chapter.

" Start with a weakest subject as this will not only give you enough time to

understand the basic concept but will also take away your fear for the

subject.

" Prefer Studying in the morning hours as human brain is at its peak after

a good night's sleep. Your energy level is more as well as there are

fewer disturbances in the morning. This way you will be able to

concentrate more on studies.

" Have a dedicated studying area with least

disturbances (switch off your mobile phone while

studying). Also sitting in correct posture in

comfortable chair with proper lighting will improve

your input output ratio. Eat simple food during your

study period till exams are over. Take a lunch or snack

break in between your study breaks. Avoid eating out just before the

exams as this will decrease your probability of getting sick.

" Revise whatever studied during the day before you go to sleep. Also

daily revision of previous day's study will help you in memorising.

STEP II: READING SCHEDULE

" The sheer volume of subjects like Audit , Law, Financial Reporting will

make you fear the subject and AS ,SA & GN will make even things

difficult. But fear of AS ,SA or GN can be overcome over a period of

time by doing 1 Accounting Standard (AS) or Standard on Auditing

(SA) or 1 Guidance Note (GN) daily.

" Don't ignore theory portion of practical subjects as it helps in passing /

getting good marks (in subject like SFM theory portion carries a

weightage of 15-25 marks).

" If you are taking coaching for any subject then always revise topics

covered in the classroom. Do the assignments given in the classroom

on a regular basis. Use short cut methods like MNEMONIC technique

for memorising theory portions/ subjects.

" Continuously studying 9-10 hrs daily for 4 months can be stressful,

keep stress at bay by resorting to meditation, pranayam. Even Simple

breathing exercises during study breaks will ensure supply of fresh

oxygen to the brain.

" Write at least two previous attempts' question papers under simulated

exam condition. This will make you work on your writing skills and time

management in writing exam papers. Always self access your score

this will help you in knowing your strength & weaknesses.

Step III Exam

" NO reading ½ an hour before going for exam. Before you go for the

exam you must relax your mind. Reach Exam hall ½ an hour before

exam schedule. Do not forget important things for exam like a good

pen, your admit card, scale, calculator etc.

" Have enough sleep before each exam. Relax your mind

" Do some preparation and calculate time in minutes to be allotted for

each mark. Like you may allot 1.6 minute for each marks. Follow the

same while attempting paper. Also make sure leave enough time for

revising/ checking your answer sheet.

" Read the question paper properly and answer WHAT HAS BEEN

ASKED IN THE QUESTION.

" Attempt sub question in sequence, tie up your answer sheets, use

single colour pen, always cross the blank sheets.

" Solve practical questions in a step wise manner and

make working note a part of your answer. In theory

question underline main points. But institute

PROHIBITS use of highlighter or pencils, so avoid it.

" While attempting practical questions of subjects like law, DT, IDT

mention provision of relevant sections, relate the given question with

provision and give conclusion.

" Don't discuss question paper after exam.

 

LAstly i would say nothing succeeds like success. Good luck Happy studying...........................

CA Shailaja

 


Maya Delves (Student) (481 Points)
Replied 20 July 2010

hello guys,

I beg to differ with those who have adivised on writing a single group.

Writing a single group this november is invariably booking ur seat for the next group for may which is 10 months away from now.

Trying to study both groups in 3.5 months from scratch may not do justice and gives you just 40% chances of passing but it gives ua chance of clearing your CA by luck or by god's grace.

Even if you dont pass this november, you can write in may with 10 month preparation which is more than sufficient for a rank.

Ultimately, in both cases u will be a CA in MAy 2011. then why not write both groups this time and try ur luck and effort in being a CA this attempt.

My friend finished his PCC in novmber 09 in the fourth attempt  and cleared final this may. IF he had written group by group, he would have got 250 in one group and a long wait for 6 months to clear the other.

My only point is when u are giving urself a next attempt. Try both now. u might end up clearing. if u dont clear, make your passing bigger and annonuce to the world u are there by getting a rank.

All the best  and think practically..

Idhuvum Kadandhupogum

Kartik



tapan j pandya (student) (32 Points)
Replied 16 January 2011

Hi friends.. my position is also alike...i have got exemption in advanced mgt ac in may 2010 and gave second group exam for the remaining three subjects but my  DT paper , i am not sure..if i get 40 then, my second group is clear for sure..or i vl fail..i have not even seen first group subjects..so should i opt for both group...? shold i concentrate only on second and allot 4 hours a day for accounts and financial mgt of first group..i seek advise from friends..m mch confused ..



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