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Self-study in MAFA

10 May 2007

Hi everybody,

I'm appearing for May-07 Final GR-I. I'm unable to take private coaching due to some reasons. I've already started preparing for Accounts, Audit & Law and though very vast these subjects seems a bit managable than MAFA. Can anybody suggest text-book on MAFA which starts with basic concept & is good for self-study. I had faced the similar problems in PE-II, but luckly got through (thanks to 60 Marks costing) I think for becoming a good CA, we must have grip on decision making subjects like MAFA. Hence, i would like to devote max. time on the subject for getting in-depth.

Please help me !

regards

Abhijit

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6 Replies

Vikash (16 Points)
Replied 10 May 2007

You can refer to J.B.Guptas books on MAFA its quite gud.. rajesh makkar is not bad either.... both r available in Puja law house in delhi

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Goongan (Student) (450 Points)
Replied 10 May 2007

Hi Abhijit,
I expect that like PE II, you will also lucky in Final according to me You should forrow M Y KHAN & P K JAIN for MAFA preperation being I am studying such book, It should also noted that give more importance to theory.

Sumit Aggarwal (36 Points)
Replied 10 May 2007

You should take Book Written By Dr. J. B. Gupta on MAFA. It is a very good with all the concepts discussed in details in such a manner that even a CA PE -1 student can understand it. This book is available at Pooja Law House just next to CA Institute, ITO Bldg.

Shiv Prakash (164 Points)
Replied 10 May 2007

hello there,
MAFA is the most important subject u can never take it lightly but can surely preppare without classes. U can purchase :-
(1) MAFE by Ravi M. kishore from Taxmann for theory.
(2) MAFA by A. shridhar from Bharat publication on behalf of Tayal institute of professional studies mumbai.
both above books were referred by me and helped me a lot though i took classes also.

SOME important chapters are :-
(1) Derviatives :- futures, forward, options.
(2) foreign exchange risk & mgmt.
(3) Decision making (a) NPV method, (b) simulation (c) decision tree techinique.
(4) Capital structure :- Bonds v/s Share v/s Debentures.
(5) Portfolio mgmt :- BETA and its application , creation of protfolio, entry and exit of protfolio.

ALSO study Economic times news paper on mondays to wednesday and sunday edition. ANS also study these topis well. this is about 40-50% syllabus.

bye from shiv
shivprakash_chaurashia @ yahoo.com

Abhijit Kanhegaonkar (78 Points)
Replied 10 May 2007

Hi friends,

Thanks for all your valueable inputs. It'll definitely help me while preparing for the subject.
My special thanks to vikash, dharmbeer, sumit and last but not the least shiv prakash

Bye!

Abhijit4691

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Siva (46 Points)
Replied 10 May 2007

[quote=436]Hi everybody,

I'm appearing for May-07 Final GR-I. I'm unable to take private coaching due to some reasons. I've already started preparing for Accounts, Audit & Law and though very vast these subjects seems a bit managable than MAFA. Can anybody suggest text-book on MAFA which starts with basic concept & is good for self-study. I had faced the similar problems in PE-II, but luckly got through (thanks to 60 Marks costing) I think for becoming a good CA, we must have grip on decision making subjects like MAFA. Hence, i would like to devote max. time on the subject for getting in-depth.

Please help me !

regards

Abhijit[/quote]

hi,
this is siva.
i am also appearing for gr1 in 2007'may.
i already taken couching in chennai in prime academy.
i came to know that for theory muralidharan material is good and for practical taxmann is good.
all the best
byeeee