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Sufficiency of practice manual

Gowtham (Student) (1174 Points)

12 May 2015

What are the subjects for which we could place complete reliance on Practice manual alone ( I mean Practice manual reading is enough) for getting decent marks- say 55+ ?

More importantly, will this work with law ?

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12 Replies

n k abhiram (CA Final , CS Final ) (629 Points)
Replied 12 May 2015

No subject @ Ca final level we can rely wholly on pm. U can expect upto 40- 45 marks in isca, sfm & audit PMS, but not entire 200 marks to pass exams. For DT, idt u have to consider latest rtp mtp and supplementary study materials which all together can fetch up to 20- 25 marks.

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n k abhiram (CA Final , CS Final ) (629 Points)
Replied 12 May 2015

Law companies act 13 has been introduced new section questions are to come in law & more over amendments are in the process so no chance of entirety depending on pm's You need refer all new study material plus rtps

Ameya (.) (40 Points)
Replied 12 May 2015

All Practical subjects. MUST DO from PM apart from your classes. Co-link your classes Textbooks with PM. Do additional PM sums not covered in classes. Helps ALOT.

Gowtham (Student) (1174 Points)
Replied 12 May 2015

While i accept PM is not enough, i must also say that around 60 marks came from PM + SA alone in this May 15 AMA exam.

Correct me if am wrong, PM caters the basic minimum requirement in atleast subjects like AMA, DT.

My specific question is whether PM is not sufficient to serve even the 50 threshold Purpose?

Ankur (CA Final Student) (999 Points)
Replied 12 May 2015

Look, practice manual means questions of last 5-6 attempts. So, basically its for revision and not basic study.

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Ankur (CA Final Student) (999 Points)
Replied 12 May 2015

Looks like you are convinced of its utility, but let me assure you that if you are looking to rely on scoring good marks by doing only previously asked questions of 2-3 years, then it's up to you.

A.C.B (Senior Executive - Finance) (71 Points)
Replied 12 May 2015

What about the complier , which institute recently issued ?

Harsh Thanvi (To Be A Excellent CA) (28 Points)
Replied 12 May 2015

Guys at any level in CA as far as i know Its a distance education programme and hence SM+PM+RTP MOST IMPORTANT.

Teja (Manager ) (21 Points)
Replied 12 May 2015

We cannot say depending on PM just by looking at May 2015 paper is good...if you do some thorough analysis of past 4 to 5year papers ,you will come to know that practice manual will not help even to score 40+ in most of the papers... So to be on safer side do SM..PM..RTP..etc.,

Moksha Kalyan ram A (Partner) (208 Points)
Replied 13 May 2015

Practice manual is a collection of good model in past exam chapter wise while for theory they address most popular questions. The focus of the C.A Institute is application oriented knowledge. Try to build on concept and PM is definitely the first choice for revision. At marks level following the trend you can plan for 40%

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Moksha Kalyan ram A (Partner) (208 Points)
Replied 13 May 2015

Gowtham (Student) (1174 Points)
Replied 13 May 2015

Hi Ankur,

My bottomline is ...

PM does offer the necessary groundwork over which it we could build the expertise.

Just completed reading SEBI in corporate and allied laws. I used Jayaraman sir's book and PM. PM almost covers almost 95% of the L.Jayaraman sir's stuff. Infact it was more precise and covers some extra points in certain areas.

Eg: The limit of 50% on monetary asset shall not be applicable in case public offer through offer for sale.