Ca final preparation

Page no : 2

sidhant saha (prop) (1394 Points)
Replied 26 August 2013

potfolio summary


Attached File : 719638 1223901 portfolio summery.pdf downloaded: 200 times
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sidhant saha (prop) (1394 Points)
Replied 26 August 2013

REVISED SYLLABUS


Attached File : 719638 1223902 revised syllabus.pdf downloaded: 175 times
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sidhant saha (prop) (1394 Points)
Replied 26 August 2013

ISCA NOTES


Attached File : 719638 1223903 isca notes with mnemonic code.pdf downloaded: 189 times
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Yogi Jani (Student) (73 Points)
Replied 26 August 2013

Hi Sidhant, a pdf for Portfolio Management is very good material... very useful...

Please do share more files of such type...

1 Like

sidhant saha (prop) (1394 Points)
Replied 27 August 2013

Hi Friends, Providing U general TIPS AND SUGGESTIONS as how to crack CA Final
Exam. Self Prepared Tips. Hope dis will help u a lot.. Kip in touch for more updates and
exam tips...If u have any query, u can ask me. WISH U GOOD LUCK
Tips and Suggestion for CA FINAL
Note: Remember All topics are Important in CA.. Dese are only selected topics which have more chances
to come in exams..
Paper 1: Financial Reporting
1. start wid some Imp AS first which is Imp.. - AS 2, 15 ,16 ,22 ,28 ,30 ,31 ,32
2. Practice sums on Consolidation from Practice manual
3. Share Based Payments... 1 Sum on ESOP is likely to come
4. practice Valuation of Goodwill.
5. After all dese, den come again over AS which are left so as to maintain balance between
chapters and AS.. Den Amalgamation. AMalgamation is Big chapter BUT it is very easy so kip it
in last. BUT DONT FORGET TO PRACTICE AMALGAMTION... AMALGAMTION IS IMPORTANT..
Paper 2: Strategic Financial Management
1. Leasing is important. Dividend Policy- using MM Theory, Bond Valuation,YTM, Portfolio-
CAPM,APT, sharpe index is not so imp but it is advisable to have look once on it.
2. How to Hedge Currency Risk, Swaps, how to calculate value of call/put option,
BLACKSCHOLES Model is IMPORTANT, Decision Making Sums in Capital Budgeting, Capital
Rationing, Sums on Factoring
Paper 3: Advanced Auditing and Ethics
1. Start wid Ethics Portion First.. it is very easy and scoring.. 16 marks are very easy to score...
2. Do some Imp SA first : Representations By Management, Audit using the work of Expert,
Analytical procedures, Auditor's responsibility relating to Fraud, Identifying and Assessing the
risk of material Misstatement, External confirmations, Subsequent events.
3. den do CARO, Peer review, Cost Audit
4. den proceed wid sum practical topics like Audit of Insurance companes, banks.. In these
chapters, dont spend more times.. Just complete wid thorough reading and remember the
common points only...
5. Again continue wid SA.. it will help u to maintain balance between chapters and SA's
6. To fetch More marks, try to give reference to AS,CARO, SA and companies Act in all practical
case studies... it will give u more marks.. Giving u example.. Like any case come relating to
Related Parties Transaction.. u can give reference of AS 18, Caro also covers 1 Point, Give
refernce of SA. Also Companies Act states provision about Related parties. Now Compile ur
answer together.. It will really fetch gud marks. Hope u all get it my point..
[Refer Surbhi Bansal Mam's Book for Audit...]
Paper 4: Corporate and Allied Laws
1. Directors are Important. it will cover around 30-35 marks. Any portion can be asked. so study
in full
2. 1 case law on Oppression and Mismanagement.
3. Now complete wid Banking Act, FEMA
4. Do this Question- Obligations of Banking companies under Prevention of Money laundering
Act.
5. u have to balance company law and Allied law..
[Refer Munish Bhandari for Law.. Best Book]
Paper 5: Advanced Management Accounting
1. Complete with QT portion first. it is very easy and scoring too.. Network, Linear Programming
are favourite chapters of icai.
2. Try to solve sums from practice manual. important chapters- standard Costing, Marginal
Costing and Transfer pricing.. Rest chapters r also imp But 1st do dis.. Try to make chapters
conceptually strong as unlimited sums r der.. so only solving will not help u out.. Solve practice
manual and RTP..No extra books required for Costing..
3. Do theories from Practice Manual
Paper 6: ISCA
1. Again favourite Subjects of all of urs.... Best Reference book is Dinesh Madan But i will advice
u to do from ICAI Studymat only.. Important chapters are- IT ACT, Risk Assessment
Methodologies, BCP, PIR (ch-3), SDLC (ch-2), System Requirement Analysis(ch-2), COBIT,
Systrust and webtrust (ch-8), HIPAA (ch-8)
2.ERP- why needed? features, implementation guidelines, post implementation effect
3. Also Cover all questions given in RTP for Nov 13, may 13, and nov 12 atleast..
Paper 7: DIRECT TAX
1. Cover all Amendments First
2. case laws issued by ICAI. Nov 13, may 13, nov 12 and may 12 cases r equally important
provided by icai
3. AMT AND MAT
4. TDS
CA GROUPS
Join us here: https://www.facebook.com/CAgroups
5. Now do PGBP. it is lenghty but easy.. solve from practice manual. sec 28(chargeability), sec
35AD, sec40A(2),40A(3), 43B, PTS. Sums on LLP must do..
6. now do Wealth Tax. it will fetch 10 marks..
7. now do small chapters like Setoff, clubbing, DTAA
8.Then start wid CG.. again big chapters..
9. Remember Tax is very lengthy and it is not possible to do all chapters and all sums. so
manage ur time accordingly and if not possible to do all sums, leave it, just have a knowledge
on subject matter.. Concept should be clear
Paper 8: Indirect Tax
1. Cover all Amendments First
2. case laws issued by ICAI (Nov 13). may 13, nov12 and may 12 cases r equally important
provided by icai
3. Complete POT first, den start wid Service tax. scoring and easy.. I will advice u to do VAT 1
day before exam. as it is very easy. so dont spend much time on VAT. Give 4 hrs to VAT only
before examday. it is enough. Possible Questions from VAT- Merits, Demerits,Variants,
Methods. 4/0%/12.5% VAT, Consequences if not issued VAT invoices
4. Practice sums on SSI,Cenvat credit, Customs Valuation, VAT.
IMPORTANT NOTE:
1. Dont learn Section Numbers as it is not important but once u give wrong number, u will be
awarded 0 Marks and there is no extra marks on section number.
2. For Tax, If u dont remember the name of case study, write ur answers without giving the
name BUT dont give wrong name to case law.
3. All above provided tips and suggestions may vary according to ur capability and time
management. and these are only selected topics. Remember all topics and every chapters are
important in CA

2 Like


Mohana Harish (AUDIT TEAM LEAD - CA FINAL)   (468 Points)
Replied 29 August 2013

Goog tips for sharing


sidhant saha (prop) (1394 Points)
Replied 30 August 2013

Important Chapters, Topics & Tips for CA IPC/IPCC & Final Nov 2013 Exam:- Note: Important Chapters & Tips For CA Final Nov 2013 Examination: November 2013 CA examinations are coming near day by day, so students have started searching for CA Final & IPCC Important Chapters Questions, Topics, tips for Nov 2013 exam. But friends, first let me clear that Everything is important in CA examination except nothing… lol but its true. But even after telling this I am definitely agree that certain tips or tricks regarding examination about important chapters, time schedule can really help and make you to crack CA examination easily if you properly do follow our tips with smart work. So here I am presenting useful tips regarding IMP chapters. Most important chapters,topics & tips for CA Intermediate/IPCC, Final Nov. 2013 exam. Follow tricks, suggestion for last day/night preparation November exam. Hope it will help you. Recommended Read:- How You Can Pass CA CPT, IPCC, Final Exams in 1st Attempt Easily Must read & Follow: >IPCC Nov 2013 Study Schedule – How to study IPCC in less time, 3 months? Important Chapters, Topics & Tips for CA IPC/IPCC & Final Nov 2013 Exam:- Before starting for any tips for IPCC, I will recommend you to get the IPCC Nov 2013 Study Schedule, this will help you to crack IPCC if you have less time even. 1. IT & SM: I am starting with the last paper of IPC/IPCC examination because this is the subject where lots of the students get struck and are failed. So I would suggest you to follow my steps to crack this subject with good marks. in IT SM subject, from practice manual 45 to 50 marks paper will be definitely asked because questions are repeated each time, so you should concentrate on that if you have less time. Tips for Information Technology : 1.In this part, start with easy chapters like Data Storage, Retrieval & DBMS and they have good weight-age also. So do this first. 2.Now do flowchart and Decision table marks covered 8-10. For a good grip in this part, do all illustrations from module and questions of Practice Manual. 3.Then come on Internet and Other Technology, many topics also easy under this chapter and scoring also. So do it properly. 4.Now do Software and Computer Network & Network Security chapter this chapters are heavy i.e. have lots of topic. So try to cover as much as you can. 5.Now just check the definitions asked in past exams from practice manual and RTPs, and from module too. Tips for Strategic Management : SM Tip: Start SM preparation from last chapter to first chapter. 1.Do Practice Manual first as if once you do it around 60-70% course will be covered. From Practice Manual its quite easy to read topics as they are given question format rather than paragraphs as given in modules. And generally questions get repeated, so prepare those questions thoroughly and you will definitely score in subjects. 2.Now start reading from Chapter 7. You can read from module as its language is easy. 3.Do all chapter end questions from module because true & false many times comes out of it. So better to go through that. And there are sometime 4 marks filling the blanks, so for it, just go through the quoatation given before starting the chapter. Just go through past papers, you will find those one liners in the form of filling the blanks. Note: Exclusion of certain topics from IT paper from November 2012 CA IPCC examination and for Nov 2013 exam too.. i.e. no question will be asked from this chapters given in below table because these are completely irrelevant for CA curriculum. >So in chapter 1 only the remaining chapter which is Software will be asked, so we can say the weightage of the Chapter Software has very much increased and so you must read this chapter properly for better results. Chapter/Unit Number and Name Syllabus Page Numbers in Study Material Chapter – 1 Unit-I Introduction to Computers And Unit-II Input and Output Devices (a)Computer Hardware Classification of Computers – Personal Computer, Workstation, Servers and Super computers Computer Components – CPU, Inputs output devices, Storage devices, Storage devices (b) Bus, I/O CO Processors, Ports (Serial, parallel, USB ports), Expansion slots, Add on cards, On board chips, LAN cards, Multimedia cards, Cache Memory, Buffers, Controllers and drivers 1.1- 1.105 Chapter-IV: Internet and other Technologies EDI 4.48 – 4.53 >EDI also is one topic which is given in Internet chapter which is not going to be asked in Nov. 2013 CA IPC/IPCC examination. Don’t Miss:- Download Study Material & Practice Manual for CA IPCC – Nov 2013 (Latest). 2.Taxation Tips: You have to read every concept in income tax paper & one more thing is total income problems are important, and in every problem you have to make note points, it will impress to valuationer. In taxation paper preparation for day before exam, start VAT & Service Tax. VAT is easiest topic just read it properly and do practical questions also. After reading from book in last just go through the Practice Manual. >In service tax do properly as there are lots of amendments and please do buy new Practice Manual of Tax from ICAI Branch and do all questions properly from it I am sure there will be many questions straight away from Practice Manual). As you know Service Tax & Vat portion covers 50 marks. >Then come on Income tax portion, start from Business & Profession head, then Capital Gain, then House Property , Salary & other Sources. Later than this do the small chapters, like deduction from GTI, TDS, Set off & Carry forwards etc. >Put the currency symbol other wise u can loss marks. >My sincere advice is don’t start with total income problem in examination because its take more time for completion. ICAI Recommends:- >ICAI Recommended And Other Suggested Best Books for IPCC Nov 2013 3. AUDITING Tips: Golden Tip:Remember in Auditing the module’s language is the most important requirement to get good marks. So, read only Study Material and Practice Manuals. And even Practice Manual is enough to get 50~ marks. In auditing company auditor I & II chapters are very important as they cover around 20 to 30 marks. >Standards on Auditing (SAs) are also important for exams read 2 to 3 times at least. Auditing standard Chapter covers at least 30Marks for the purpose of the exams. Then later do basic chapters and then Special Audit and after it do Vouching & Verification. As said earlier language is important, so read carefully and remember the typical words. Special Audit Tips:- You will see a question of 8 marks at least in every Auditing paper, it will come this time also, for sure. > Don’t mug up this topic, Read with an open mind & Understanding that you are a CA & doing the Audit what you would check & How, what should be the Primary docs to get the required information etc ? > And you will find that every Special audit would have say appx 10 points of which 4 – 5 points would be common ( like, The Docs of Formation i.e Memo & A of A / Partnership Deed / Trust deed etc, Check the authorities given as per the doc / Powers / Policies etc ). > Also this being more a practical type of Topic, you will find it interesting. > Excluding such other 5 points would be different with every different entity based on the area of business in which it is. e.g. in case of schools You say check Fees Receipts / Purchase of Books/ Deposits & fines taken from Students, In case of Hotels say how control is kept on the Issue of Food items & provisions to kitchen is maintained, How is the billing control of Rooms maintained etc. You read all type of special Audits ( 1st do reading carefully with understanding & no mugging (Ratta) taking 30 mins per audit & you will find that you need not revise it again) MOST IMP:- From last 3-4 attempts, Institute is asking only theory questions in Auditing paper, so don’t waste much time on practical problems and read theory portion well. 4. ACCOUNTS: In accounts I & II subjects very important is accounting standards its around 25 to 35 marks in the subjects. In examination for better presentation, start with journal entries problem then ledger a/c after that final a/c problems. Thats why, because time management is very important in CA examinations. Amalgamation and Partnership are also the most important chapters, solve atleast 1 some of all the types to get good confidence in this chapters. These can be asked for 24 to 40 marks in each a/cing paper. 5. COSTING & FM Tips: In this subject first of all theory part you have to prepare its nearly 32 marks, so just read the practice manual properly, most of the questions will be from it only. Theory will help for practicals also. ( eg ; If you read theory of Labour All methods of calculation of Wages will be understood, Material Formulas will be known, Contract A/c Ways of calculating the Profit will be understood.. So now it is clear Why Theory should be done first, & its Importance in this subject) If you are too good at Concepts & Practical then only Ignoring thorough study of theory can be thought else for average / bit above average student, Practical with Proper study of theory only can Pass with 50 – 55 marks in this subject. In costing start with Standard Costing & Marginal costing then later Contact, process, material, labour, overhead and so.. In FM, Capital budgeting & Cost of Capital are very vital chapters do them first, properly. then leverage , Ratios & Working Capital Management, Cash flow, fund flow and so.. 6. LAW, Ethics & Communication: in this subjects first finish the Ethics & Communication as it is quite easy and of 40 marks too. Then take the Business Law part and later prepare company law. Don’t miss: (Latest )Download CA Final Study Material & Practice Manual (Useful for Nov 2013) Recommended Article:- CA Inspiration & Motivation- Success Stories of CA Final Cracker’s Important Chapters & Tips For CA Final Nov 2013 Examination: Before reading CA Final Tips, I will recommend you to get CA Final Study planner & Tips – May 2014. Here below I have gathered certain important chapters which are asked in every attempts with good weightage. I have also given the name of Authors whom reference books to be preferred for CA Final examination preparation. So check them out. 1) Financial Reporting: For the important chapters for Financial Reporting for CA Final November 2012 examination, consider following in tips: I divide this subject in 5 parts: 1) AS. 2) Miscellaneous chapters. 3) Consolidated a/c. 4) Amalgamation. 5) Valuation. a. AS in general are asked around 20 to 40 marks so must not ignore that. They are sometimes copied from modules and PM b. You can refer any good reference book. Which I personally feel every CA should refer, as they are fundamental matters. WE CA s are recognized by AS. (I referred RAWAT SIR’s) c. Refer past papers and find out patterns. If I point out many AS Like 15 16 20 22 30 31 32 are in category of FAQ (these are just e.g.) d. Miscellaneous chapters are not at all misc in importance. They are asked of 16 to 24 marks and beauty is they are far easier and less complicated in nature. Must not ignore them. E.g. Nov 11 paper. e. As for last 3 parts I am sure all of us do so much practice that sometimes we can even solve that entire sum without question in our sleep. This will help you:- >Download CA Final May 2013 Suggested Answers by ICAI Latest RTP’s:- >Download RTP For CA Final upcoming Examination for Free 2) Strategic Financial Management: I divide it in 3 parts (module chap no) 1) Theory( chap: all chapter module theory especially 1,8,10,11). 2) Chap 3,4,6,7,9,13. Kitchen DesignOnline relationship adviceFacebookOn FacebookVirus protection softwareEmailThe CurrenciesCurrencies3) Chap 2,5,12. i. Theory is always good scorer as being in practical paper. ii. For the above practical chapters I’ll definitely say make concrete base of concepts and you’ll crack the paper. iii. AS I’ve seen the area which is most twisted in paper comes generally from chapter 2, 5,12,7. Brush up time value of money as it comes everywhere. 3) Audit: I divide this subject 1) Professional Ethics. 2) Co. Audit. 3) SA. 4) Others. a. For professional ethics I would only say mug up the clauses line by line. As it’s our act the language must be same. b. Paper presentation plays important part. Must underline all the clauses sections and SAs and have a neat presentation. c. Many case studies in areas of Co Audit and Professional Ethics are repeatedly asked so do refer all the material of institute. d. MUST DO SAs…cause as accounting standards SA are also most important part of our study. Don’t forget to compress your material. (i.e. determine what to do at last day so you can gain confidence of reading it all) 4) Law I divide this subject I) Company ACT. II) Allied laws. a. Personal advice: Munish Bhandari. b. Don’t ignore 30 marks portion of allied laws. It’s of same importance too. c. Cross out repeated asked cases in Bhandari so you’ll have less burden at last moment. d. Read the analysis given for each topic. You’ll come to know the weight of topic. e. Must compress material for last day. Or you’ll be lost in what to do and what not to do. 5) Costing QT: Must do conceptually. I divide this subject Costing: 1) Standard costing. 2) Budgeting and other material related topics( ABC,JIT). 3) Decision making chapters. a. In costing all sum are of different type. (especially decision making sums) b. Be ready to read long descripttion with lot of accuracy. c. Checking the solved part of question and underlining the figures will be of immense help. d. In Qt there’s trend of asking “ulta” question which are always easy but due to lack of practice we get scare and not even attempt that some time. But if you are to solve that at home you’ll find it too easy. So never freak out when such questions are there in exam. e. Theory is always of 33 to 40 marks having very less to read as compare to those long questions. f. Be ready for any kind of questions. Nov 11 final exam question is classic example of conceptual question where transfer pricing and other many questions were of concepts and not of numerical. 6) ISCA For the important chapters for ISCA for CA final November 2012 examination, consider the following tips: I divide this subject 1) Chapter 6,7,8,9. 2) Chapter 2,10. 3) Chapter 3. 4) chapter 1,4,5. a. Must refer module only for reading this subject. Also write same language. b. Have habit of reading ISCA theory in question answer format like that given in PM. Cause most common problem that I’ve heard is “Yaar sub kuch pada tha but question samaj me nai aya to answer kaise likhe.” So to answer best have a habit of reading in such format. 7) DT Important Chapters for Direct Tax CA Final November 2012 examination:- 1) Wealth tax. 2) Assessment of different assesses. 3) 5 heads of income. 4) NR taxation. 5) Assessment procedure. 6) Other chapters. a. Must do wealth tax, with assessment theory and in depth. They might not ask full sum instead in past 2 years they asked small questions. b. The syllabus in 99% case never going to be completed if you are giving ISCA and having only 1 holiday so must plan LMR on hour by hour basis. And even if you can’t complete whole syllabus no need to freak out cause everybody is in same boat. c. Do refer institute case laws as they are often asked same to same d. Amendments are “must do” thing. 8) IDT Personal advice: Bangar a. Must do amendments. b. Must do institute’s case laws(asked of 16 marks almost every time). c. In case laws it’s not necessary to remember assessee name but if you want to you can do this, read whole case and wherever assessee comes replace it with the name. in this way you’ll remember it. d. In practices do not forget to write notes. e. Do refer practice manual. Cause many things are asked from that. Recommended Article:- CA Final All India Rankers Photos, Interviews & Details That’s it for the tips or tricks for important chapters for CA IPCC and CA Final Nov 2013 CA examination. Remember… we work with a logo to give you tonic for cracking the CA exams with ease.. Enjoy !!! Share our post: “Most important chapters,topics & tips for CA Intermediate/IPCC, Final November 2013 exam. Follow our tricks/tips & suggestion for last day’s/night’s preparation “ with your friends. Be our FB fan for more future useful updates. !!!! Recommendation:-



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