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Please help

Padmavathi (Studying C.A-Final) (132 Points)

26 July 2012

Hi friends , I wrote CA final both the group this time but i didn't clear. Please anyone say me the best books to follow for all the subjects and i should be able to complete all the books within this 3 months time.

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rahul (Chartered Accountant) (5572 Points)
Replied 26 July 2012

Financial Reporting - Dont follow books, if possible - Only refer class notes of any good teacher, arrange class notes from your friend. Better arrange Praveen Sharma Class Notes.

AS - Sanjeev Singhal (BEST) / D S Rawat

SFM - J B Gupta book with DVD Lactures (BEST) . .

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

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

AMA / Costing - Padhuka (or PC Tulsian (BEST) 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 (Memory Based Edition) (BEST) plus Practice Manual (The best book ever released for this subject, The book is quite self-explainatory.. it explaines all topics with 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). or T G Suresh (BEST) very concise book for exam it can be completed easily.

Indirect Taxes - Rrafi for Concepts (BEST) (Padhuka or Banger for detailed Study and past exam questions)

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CS RAJESH C.CHOUDHARY (ASSISTANT MANAGER) (14607 Points)
Replied 26 July 2012

Hi Friends

Based on my observations and suggestions and comments of various learned people on CCI I reached the conclusion that these are the best books for CA Final course (New)

FINANCIAL REPORTING - M.P.VIJAYAKUMAR

ACCOUNTING STANDARDS - M.P.VIJAYA KUMAR/RAWAT/PADUKA

SFM - A.N. SRIDHAR

ADVANCED AUDITNG - PADUKA + SURBHI BANSAL'S NOTES

CORPORATE AND ALLIED LAWS - MUNISH BHANDARI

MANAGEMENT ACCOUNTING - PADHUKA

ISCA - INSTITUTE STUDY MATERIAL

DIRECT TAXES - TN MANOHARAN/PADHUKA

INDIRECT TAXES- INSTITUTE LATEST STUDY MATERIAL/YOGENDRA BANGAR/AJAY JAIN

Further I noticed that every one suggested to read the modules too for all subjects.

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RAHUL (Service) (116 Points)
Replied 26 July 2012

Can you give the name of T.G Suresh Book on Direct tax and Indirect tax Rrafi ,and where it is available in Mumbai.

Regards

Rahul

rahul (Chartered Accountant) (5572 Points)
Replied 26 July 2012

TG Suresh .. CCH Publisher And Rafi .. Bharat law house.

Budding Professional (B.Com, CA & CS FINAL) (1686 Points)
Replied 26 July 2012

Here are the books that I am referring:

Financial reporting : MP Vijaykumar

SFM : AN Sridhar

Auditing : Padhuka

Laws: Munish Bhandari Handbook

AMA : Padhuka

ISCA: Padhuka

DT : VK Singhania

IDT : Bangar, but I will replace it with taxmann's VS Datey

Apart from above, dont forget to go through Practice MAnual+RTP.

The books for Paper 1-6 is recommended by most of the members, but for paper 7-8, I have hardly seen anyone recommending taxmann's book. I am a big fan of taxmann's books and it gives me the best level of understanding.

As you had written both groups, you must have also referred to a few books and should change your options accordingly..It would be better if you can compare the various books briefly at the shop before buying them.