CA Ashish Pathak (Employed at Cipla Ltd.) (2779 Points)
13 August 2012Hello folks,
Please suggest me a good exam oriented self explanatory book for Acounting Standards for CA Final.
Which among these is the best from exam point of view (i.e. includes good amount of solved questions as asked in past exams) and should be easy to understand:
1. DS Rawat
2. MP Vijaykumar
3. Vikash Singhal by Bharat Law house
4. Dolphy D Souja
5. Accounting Standards by Padhuka
Thanks
Vinod Lakhera
(CA in service)
(85 Points)
Replied 13 August 2012
MP Vijay Kumar is a Best Self explanatory book. It is also a recommended book of ICAI.
| Originally posted by : ASHISH PATHAK | ||
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Hello folks, Please suggest me a good exam oriented self explanatory book for Acounting Standards for CA Final. Which among these is the best from exam point of view (i.e. includes good amount of solved questions as asked in past exams) and should be easy to understand: 1. DS Rawat 2. MP Vijaykumar 3. Vikash Singhal by Bharat Law house 4. Dolphy D Souja 5. Accounting Standards by Padhuka Thanks |
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CA Gopal Somani
(Associate Consultant at Infosys Ltd.)
(464 Points)
Replied 13 August 2012
DS Rawat is best for understanding as well as from exam point of view for Accounting Standard
CA CS MAYANK GAUR
(Consultant)
(54 Points)
Replied 13 August 2012
Dnt think jst go for DS RAWAT
ITS THE BEST!!!
Abhishek
(CA in Practice)
(63 Points)
Replied 13 August 2012
Dear Ashish
Both MP Vijay Kumar(For Brevity Call MPV) Sir Book & DS Rawat(For Brevity Call DSR) Sir Book Are One Of The Best Books & You Should Choose The One Among Both Of Them Keeping In Mind Following:-
Both MPV Sir Book & DSR Sir is Recommended By ICAI.
MPV Sir Book Is A Devil Of 1030 Pages in Comparison To DSR which Contains 718 Pages.Here U Should Check The Time Factor & Your Retention Power.
MPV Sir Book Contains More Therotical & Practical Problems Than DSR.
In MPV Sir Book IAS/IFRS Are Given Along With The Relevant AS While In DSR Seprate Chapter For IFRS Is There. However Significant Differences B/W IndAS/IAS/IFRS is Given At The End Of Each AS(Which Is Very Important).
My Opinion
In My Opinion First Of All You Should Check ICAI MODULE For FINANCIAL REPORTING(Volume 1 only).
It Contains All The AS's In About 250 Pages Along With Problems.For Solving Furthur More Problems You May Refer PRACTICE MANUAL (i.e Vol. 3). It Would Be More Than Enough In Less Time From Exam Point Of View Only.(Best Option)
However If You Want To Go Otherwise U Should Refer MPV Sir Book Provided U Have Enough Time. If U R Lacking Time Then Without Any Second Thought Go For DSR Sir Book.
The Most Preferable Choice Of Majority CA Students is DSR Sir Book.
Don't Go For Dolphy D'souza(Which Is Also Good). It Is Better To Refer It After Qualifying CA.
rahul
(Chartered Accountant)
(5572 Points)
Replied 14 August 2012
CA Ashish Pathak
(Employed at Cipla Ltd.)
(2779 Points)
Replied 14 August 2012
Thanks Everyone. I was really confused between MPV and DSR. At times it's really difficult to select among the best. Thanks a ton Abhishek for your detailed analysis of the two books.I will go for MPV.
CAclubindia
