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How to start fr - finals

AASHI (Pursuing articleship) (1482 Points)

02 March 2015

Guys I plan to start fr from tommorow. I did classes long back and I honestly dont remember anything. Which chapter should I start from? Should I start AS? Please suggest strategy. Thanks.

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7 Replies

Raj Kr (CA Final student ) (200 Points)
Replied 02 March 2015

Don't refer strategy of others ..I hope Ur strong enough to take decision... U had taken classes...obviously Ur teacher must tell u ..how to revise subject. ...well on the other side..choose small chapters first like value added...internal reconstruction, misc. N then move to valuation n amalgamation n so on...AS read regularly coz its take tym to understand properly ..at last..make Ur own plan..be strict n love study. God bless u .

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Study in the following order :

1. Chapter 10 : Developments in Financial Reporting.

2 Chapter 8 : Financial Reporting for Financial Institutions.

3. Chapter 9 : Valuation.

4. Chapter 7 : Share Based Payments.

5. Chapter 6 : Accounting and Reporting of Financial Instruments.

6. Chapter 3 : Corporate Financial Reporting.

7. Chapter 2 : International Financial Reporting Standards, Their Interpretations and US GAAPs - An Overview.

8. Chapter 1 : Accounting Standards and Guidance Notes.

9. Chapter 4 : Accounting for Corporate Restructuring.

10. Chapter 5 : Consolidated Financial Statements of Group Companies.

Point 1 to 7 : Easy, Scoring, Short : Starting the preparation with these topics will increase your confidence. You can expect atleast 30-40 from this segment of syllabus.

Point 8 : Relatively Easy, Short sub topics. You can expect atleast 20 from this chapter.

These short and easy topics cover 60 marks.

Now comes, Accounting for Corporate Restructuring: Chapter 4 and Consolidation: Chapter 5.

These chapters account for 40 marks.

Start with Chapter 4. Easy and manageable.

Once you master the Chapter 4, then only start with Consolidation.

Exam Tip : Remember, Never start with Consolidation question.Infact, try to avoid that question in choice.

CA AnKiT BoHrA (AB) (Manager) (25955 Points)
Replied 02 March 2015

Take the big chapter first.. as seriously they all are intersting... do study as related to that chapter first then go ahead with the chapter....

zuhaib khan (article) (22 Points)
Replied 02 March 2015

Take small chapters first coz the more chapters ul complete the more ur burden wll ease. U shudnt waste most of ur preparation time doing big chapters cz they comprise only 20% of the total paper.

CA Srikanth Yadav (Chartered Accountant) (3162 Points)
Replied 02 March 2015

I would say first complete the chapters, over which you already have some command. I mean first try to quickly complete those topics with which you're more comfortable when compared to others.That way you'll be able to gradually enhance your confidence level :) Good luck!