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Ca final self study

Chhottuuu (STUDENT) (46 Points)

30 May 2012

Is self study a good option for CA FINAL exams?

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21 Replies

rahul (Chartered Accountant) (5572 Points)
Replied 30 May 2012

Atleast take classes for Accounts, SFM n AMA... (for sfm u cn go j b gupta dvd lactures) ..for other subj ..

Financial Reporting - Dont follow books, if possible -- Only refer class notes of any good teacher, arrange class notes from your friend (atleast for Holding, Amalgamation and Valuation). Better arrange Praveen Sharma Class Notes (For AS ..refer sanjeev singhal/padhuka) .

SFM - J B Gupta book with DVD Lactures. .

Audit - Padhuka for important and practical topics (For other portion you may refer surbhi bansal) .

Law - Munish Bhandari Handbook (Plus Padhuka for detailed study, if you have sufficient time).

AMA / Costing - Padhuka (or PC Tulsian if you need detailed book) plus Study Material and Practice Manual (It is better prepare your own notes for theory portion).

ISCA - Manish Valechha ISCA Book plus and Practice Manual (The best book ever released for this subject, The book is a short version of study material, covers all, topics.. also includes examples, diagrams, memory codes....) refer Study Material if you have sufficient time but not actually reuired. Use with practice manual only, .

Direct Taxes - T.N. Manoharan Plus Summary Module of Vinod Gupta (Prepare notes for lengthy and typical portion, if possible).

Indirect Taxes - N S Govindan or rafi for Concepts (Padhuka or Banger for detailed Study and past exam questions)

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Ankur (CA Final Student) (999 Points)
Replied 30 May 2012

Definetly, yes. Even if you take coaching you won't pass unless you work hard. Many sub like ama/sfm are conceptual and no teacher can make you pass unless your concepts are clear. Also, most teachers take a lot of time to complete the course and they are so hectic, that you can't do self study every day.

CA Raviteja (Risk Management) (585 Points)
Replied 30 May 2012

Answer is simple friend.. Opting for Self study in CA final is good option provided you spare a lot of time for studying and you have ample time before exams. In case you do self study, it is advisable and also from my personal experience, to start preparing from Institute Studymaterial along with 1 or preferably 2 other good guides for each subject. Also not to mention, Institute's compilations on previous exams.Another important thing in self study is to prepare notes especially for theory papers like Auditing, Corporate & Allied Laws and MOST IMPORTANTLY ISCA. For ISCA, i would recommend only Institute study material. All questions in ISCA paper are framed from within the Study Material only.

I hope this was helpful.. All d best.

Ankita Methi (Credit Underwriter) (758 Points)
Replied 31 May 2012

i feel you should go for classes in accounts,mafa nad cost............

rest of the papers are manageable wth good books which are readily available in market

accounts,mafa and cost requires guidance because its difficult to get the insights of the ch......and going fr self study for all the papers would create lot of burden fr u mentally

ofcourse thr is no subsitute fr hard work,whether self study or coachings........but few classes would ease out ur burden

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Rupesh Maheshwari (ACA, Dip. IFR (ACCA)) (6166 Points)
Replied 31 May 2012

Coaching is required for

1. Financial Reporting (Praveen Sharma, Eten CA)

2. SFM (Either Sanjay Saraf or Aditya Jain or J.B. Gupta DVD Lectures)

3. Adv Mgt A/c (Parag Gupta or Sanjay Agarwal)

For

Audit - Surbhi Bansal (For Professional Ethics Portion : Refer V.K. Agarwal)

Law - Munish Bhandar HANDBOOK (Dont go for detailed Text Book) (For SEBI ICDR Reg : Refer Practice Manual)

ISCA - ICAI Module with Practice Manual.

DT - VG Modules (but plan proper revision) or Bangur

IDT - Bangur

Happy Reading.

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tarun (Intern) (29 Points)
Replied 31 May 2012

Ofcourse CA is a course designed for self study. Go ahead.

Himanshu bansal (CA FINAL) (79 Points)
Replied 31 May 2012

hello rahul and rupesh pls tell me jb gupta sir ki sfm ki dvd kahi se mil jaayegi kya. delhi mai mujhe mili nahi. pls reply

ASHISH BHARADWAJ (Finance Professional) (146 Points)
Replied 31 May 2012

Hello Guys

Can you please help me how to get JB Gupta SFM DVD lectures ?

As I stay in MUmbai nd i guess JB is from Delhi

Thanks:)

rahul (Chartered Accountant) (5572 Points)
Replied 31 May 2012

J b gupta dvd lactures are published by taxmann.. If not available in your city, then buy it online from www.cabooksonline.com

CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 31 May 2012

yes self study is must for ca final

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Rupesh Maheshwari (ACA, Dip. IFR (ACCA)) (6166 Points)
Replied 31 May 2012

Originally posted by : Himanshu bansal
	hello rahul and rupesh pls tell me jb gupta sir ki sfm ki dvd kahi se mil jaayegi kya. delhi mai mujhe mili nahi. pls reply

purchase online @

www.cabooksonline.com

www.taxmann.com

www.jainbookagency.com

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 31 May 2012

Originally posted by : Chhottuuu
	Is self study a good option for CA FINAL exams?

Hi,

Personally I feel that Self study is a very good option for every student because without self study it is very difficult to clear any examination. The main reason behind this thinking is coaching also involves a remarkable amount of self study. One of the reasons to go for self study is the confidence factor involved in it. Successful self study may give you an incredible amount of confidence to deal with any kind of subject or course.

As per my opinion coaching is not necessary for CA or CS final. But another truth is if you taking coaching then you can save lots of energy and time. If you are looking for one stop shop for CS final coaching, then it is a bit difficult here in Delhi NCR. No clue about other parts of the country.

So it is advisable to go for self study in CA finals. But there are certain pre-conditions for self study:

1. Proper guidance is very much important.

2. Choose correct reference books well in advance.

3. Have regular discussions with your friends.

4. Self study may be a failure if you prepare without interaction with anybody else.

5. There are certain topics in CS and CA Final for which special preparation is required and self study may be harmful from the conceptual clarity point of view. So discuss these topics with your friends or with any experienced student.

6. Let me tell you a very important thing coaching also involves self study where as self study does not involve coaching. Reason being in coaching classes also concepts are discussed once or twice. But you have to understand those concepts by self study only.

For detailed analysis kindly go through my article on self study, by clicking the link which is given below:

SELF STUDY VS. COACHING CLASSES

/forum/self-study-vs-coaching-classes-a-whole-new-analysis-77537.asp

Wish you all the Best

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Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 31 May 2012

How much time to allocate:

There is no fix rule for the same. In the first round choose and work on certain most important topics which involve conceptual clarity. When you clear first round it will give you a gr8 amount of confidence. Here you are advised to use institute study mat with good reference books.

In the second round based your study on the Scanner questions. Finish your scanner as early as possible. Also refer previous exam suggested answer for presentation purpose.

One more advice --- first focus on the subject which is not amongst your favorite subjects.

Revision before exams:

There is no substitute of revision. You have to do something extra-ordinary to ensure good revision. Try and develop quick reading approach. Revise a topic prepared on Monday till Saturday i.e. within next 4-5 days. Just give it a reading. That’s it.

Use my ATLAS Method for revision.

ATLAS STUDY METHOD FOR REVISION:

This method is completely developed and named by me and is extremely helpful for fetching good marks through good revision. ATLAS STANDS FOR “AT LAST”. There are always some questions, formulas, Sections and case laws which we simply fail to recall in exam hall. According to this method if you find anything very difficult to remember then after preparing the same topic once or twice put it in the ATLAS. Keep putting difficult topics in ATLAS till exam date. There would be a different ATLAS for law, audit, accounts etc. Now 1.5 hour before leaving your home for examination hall open ATLAS question list and revise it properly or give it a special reading. Now if you find any question from ATLAS in the exam paper it would be very easy for you to answer as you specially revise it just 2-3 hours back and your confidence level will automatically increase in the beginning of exam. What say???

Keep review your ATLAS list and modify it accordingly. If initially you put any question in ATLAS and now you are confident enough about that particular question you can remove that question from ATLAS. Don’t put easy and non important questions in ATLAS as this concept is for revising extra-ordinary important questions just 2-3 hours before examination. If you need any help understanding this method please let me know.

Best Regards

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