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Other books vs. icai

Puja Jain (CA Finalist) (67 Points)

21 June 2014

I wana go 4 self-study 4 accounts.. Which option will benefit me more??

A. Study Mat. & Practice Manual

B. MP Vijaykumar's book & Rawat's book

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16 Replies

CA Saroj Kumar (Keen to learn something new every moments) (2588 Points)
Replied 21 June 2014

m p vijay kumar and at end do practice manual

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(Guest)

both.. read ref book with Study material.PM and RTP also. study well

ROSHAN PAUL JOSEPH (CA Final student) (311 Points)
Replied 21 June 2014

my suggestion :

for problem area : MPV text

for AS :read the AS from study material and attend maximum questions

Puja Jain (CA Finalist) (67 Points)
Replied 21 June 2014

Its not possible 2 srudy 4 books..

Puja Jain (CA Finalist) (67 Points)
Replied 21 June 2014

Is there any specific distribution of marks b/w AS & FR??

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(Guest)

Choice is yours, at the end you have to write exam paper.... your interest makes impact than us. according to me you should go for option A

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 21 June 2014

Refer mpv and wid practice manual. Refer pm for only wch are nt in mpv buk. And AS refer rawat. Yes, AS-minimum 16 marks. and at end rtp of last 5 attempts to see any tricky questions r there and al. Mrthan enough.

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 21 June 2014

For self stdy, stdy material takes lot of time. Without 2nd thot go as per my previous mgs..sure u wil rock.

Joey Tribbiani (fdg) (2010 Points)
Replied 21 June 2014

Dont overburden yourself just try to complete MP Vijaykumar and DS rawat atleast three times. When you become thorough with them open ICAI's PM 3 days before exam and scan it for the question that you have not covered in the books. Also keep yourself updated with recent opinions of Expert Advisory committee on accounting standards which are published in ICAI journal as they are the favourite sources of paper setter for questions on accounting standards. Also even if they dont appear in question paper verbatim,you will have a fairly good idea of how to approach a question on Accounting Standards.

As for the format of the paper it is something like this.

Holding- 16 marks

Amalgamation- 16 marks

Valuation,- 16 marks

Other chapters like EVA GVA,VAS,HR valuation and Employees' share based payemnts- 30 -40 marks

AS- more than 16 marks

Almost every time exam has the same pattern with some minor changes. Also,apart from tormenting you in FR paper,AS also haunt you in Paper 3- Audit for about 16 marks. Since you are going for self study I would advice you to start with "other chapters" first as they can be completed in minimum time and have good amount of weightage in the exams. Also holding and amalgamation are two wild horses which ar difficult to tamer in exam hall,as they require a lot of time in solving as well as at preparation stage and still you are not sure if they will fetch you marks.

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NILA REJESH P (Chartered Accountant) (815 Points)
Replied 21 June 2014

Study Material with Practise Manual.

R.Parasuraman (CA final) (187 Points)
Replied 22 June 2014

Tulsian is best book for self study.

rajeev (nnnone) (224 Points)
Replied 22 June 2014

Dear if you are not taking coaching , then cover icai study mat. And then do practise from practise manual, 95 percent paper comes from practise manual(questions based on practise manual style), 5 percent comes from cpt or general perception question. If you revise practise manual 3 times , u will surely get 55+. If you find it difficult in understanding concepts take immediately coaching from parveen sharma sir of eten. Gbu best of luck.