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Self study

saideeppulipaka (Student CA Final ) (49 Points)

23 August 2015

please suggest me whether it is possible to do self study for CA FINAL.Can I understand concepts with out coaching.My final attempt is on NOV-2016.Recently I attended to convention at vijayawada by ICAI there they told they are issuing e-learning DVDs along with study materials.Are they helpful for us? Suggest me if self study is possible how to plan? which papers to study first and which later? which books to study etc?please help me.

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3 Replies

siva ram (Student) (25 Points)
Replied 23 August 2015

Yes,self-study is possible at any level.But it takes time to assimilate concepts embedded there in.So you need to start at the earliest possible.Which paper to start and when to start is your choice.And ICAI study materials are the best ones if you want to go by self-study.

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Amrit Singh (Killer Stud[ent]) (751 Points)
Replied 23 August 2015

Hey Saideeppulipaka,

It is right time to get idea about your Study Program. If I am not wrong you have more than one year. Till November you should utilize your time in getting understand the subjects of CA Final Course. When I say understand the Subjects -have idea about all the Accounting standards and Standards on Audit. Open the Book of Subject- Check the Chapters; get the understanding of the Chapters by reading the Introduction or searching on Internet. You can also mark the weightage of the Chapters. Make sure that before November [or any other day- as per your convenience], you are familiar with all the Chapters of your Subject. In my opinion you should also refer the terms used in Chapter.

For Instance,

If I open my Strategic Financial Management Book, want to refer Chapter Called "Dividend Policy." Following Steps need to be taken-

Weightage of the Chapter [8- 12 Marks]

Introduction [Meaning of Dividend & Dividend Policy, Considerations while making Divided Decisions]

Terms [Formulas & Meaning of DPS, EPS, Retain Earning, Cost of Capital, Growth Rate etc.] You are familiar with the given terms as IPCC course covers the same.

Coming to Your Questions!

Coaching Classes or Self Study

If you are sincere enough to stick to your schedules and want to save some good amount of money, you may proceed with Self Study with the aid of E- Learning DVDs. Institute is providing quality Videos to understand the concepts. I have seen those Videos, they are helpful.

Otherwise, you have option for Coaching Classes!

Planning & Study Sequence

I have already suggested you how to start with your subjects. You may choose the subjects according to your preference for study. However, it is better to start with the subject you fear the most! [It’s Time to make enemy your best friend yes . Yes! There is also politics in study laugh .] Take any particular subject, Start with the highest weightage Chapters because this chapter requires number of revisions. My funda is simple; there is no tough chapter in the syllabus if you give proper time to understand.