83368 39253 guildelines for ca final
TRANSCRIPT
Overview on CA Final Course
Particulars Teacher Preffered Course
Parveen Sharma Sir ---------------------------
Self Study Rajesh Makkar Notes ---------------------------
Self Study
Deepak Gajrani Munish Bhandari
Self Study
Self Study Dinesh Madan
Vinod Gupta Sir ---------------------------
Self Study Vandana Bangar Book
Book Preffered (For Self Study)
Time Req to Completed
Course
Financial Reporting Read only Difference between IFRS & AS Only.
Coaching-5 Months
Strategic Financial Management [SFM] 75 Days of Self Study
Auditing & Professional Ethics V. K. Agrawal (Tips Publication)
Normal Audit & Standards on Auditing & Proffesional Ethics
(CA Act)60 Days of Self Study
Corporate & Allied Laws Company Laws (70M) & Allied Laws (30M)
75 Days of Self Study
Advanced Management Accounting Sanjay Agrawal Handwriten Notes
Standard Costing & Operational Research[OR] &
Revalant Costing75 Days of Self Study
ISCA As Per List Enclosed 60 Days of Self Study
Direct Taxes Income Tax (90M), Wealth Tax (10M)
Coaching-4 Months
Indirect TaxesCustom (20M), Excise (40M),
Sales/VAT (10M), Service Tax(30M)
75 Days of Self Study
Paper I- Financial Reporting
Important ChaptersJust read the difference between AS and IFRS
Compulsory questions in the Examination: One question each from 2 chapters, namely -• Consolidated Financial Statements and• Accounting for Amalgamations and ReconstructionsAlmost 36-40 marks are covered by these two chapters Other Important topics:• Value added Statement (generally given in Nov. Attempt)• Economic Value added statement• Human Resource Accounting and Environmental Accounting (Theory)• Important Accounting Standards – 9, 10, 11, 12, 16, 17, 18, 19, 20, 22, 26, 30, 31, 32 (These ASs are also important for Auditing Paper. Generally problems from ASs in thick letters will be given in Accountancy paper) Also go through IFRS notes in the same book, i.e D S RAWAT [AS 30-32 are most most important]. Important Guidance Notes: • Guidance note on Accounting for Equity Index and Equity Stock Futures and Options• Guidance Note on Treatment of Expenditure during Construction Period• Guidance Note on Accounting for Investments in the Financial Statements of Mutual Funds• Guidance Note on Accounting Treatment for Excise Duty• Guidance Note on Accounting Treatment for MODVAT/CENVATGuidance Note on Accounting for Credit Available in respect of Minimum Alternate Tax under the Income Tax Act, 1961
Paper II- Strategic Financial Management
Important Chapters
SFM is the easiest and short subject. So do as much practice as you can. This is a scoring subject and you can easily get upto 70 marks in that. Take help of friends for hard chapters.
Paper III-Auditing & Professional Ethics
Important Chapters1). Normal Audit Bank Audit
Tax AuditOther Audit
2). Standard on Auditing SA(Standards on Auditing)SQC (Standard on Quality Control)SRE(Standard on Review Engagement)SRS(Standard on Related Services)SAE(Standard on )
3). Proffesional Ethics CA Act, 1949
Other Guidelines:• You need not to read anything from Modules.
• Solve at least 3 Papers before examination.
• On the day before exam, read this short point book.
Standards on Auditing: Many SAs are revised. Read only revised SA. Read all SA and make a separate book for main points of important SAs like SA 600, SA 299, SA200, SA 500 and other important SAs.
Accounting Standards: AS are also important for Audit, but All AS are covered in FR subject. So no separate preparation is needed for Auditing.
CA Act and Professional Ethics: This topic is very much easy and important. At least 20 marks cases and questions are asked every year from this chapter. And most important part is clauses of Schedule I and Schedule II. Cram all the clauses with their numbers.
Chapter 2: Company Audit – Basics:
Chapter 4: Audit Reports: Various clauses of CARO, 2003 are very much important in this chapter. You need not to cram clauses or remember their numbers. Just remember the provisions of Various clauses. Audit Report formats are also important in this chapter.
Chapter 13: Audit Committee and Corporate Governance and B. SOX Act.
Chapter 17: Peer Review: This chapter is very much important. So read whole chapter.
Chapter 18: Guidance Notes on Audit Matters: All guidance notes are not important except guidance notes given in Part 18.1 are not at all important.
• Go through past 3-4 years solved papers before starting reading. This will give you complete idea of paper style of Auditing and which kind of questions are important.
• Make a separate book for short forms of all chapters and cram all short forms. You will be able to write yourself only if you know main points. So give more weight to main points.
• Keep a red pen with you when you are reading any theory subject and mark all the items, lines, topics that you feel hard to remember and also mark important points. You can not revise whole paduka on the day before exam. So read only these marked points by you.
Paper Iv-Corporate & Allied Laws
Important ChaptersCompany Laws (70M) Indian Companies Act, 1956 (Till Section 560)
Allied Laws (30M) FEMA Act (Foreign Exchange Management Act)SEBI Act (Securities & Exchange Board of India Act)SICCA (Sick Industries Act)POMLA (Money Laundering Act)Interpretation of Statue (Mode of Interpretation)Banking Regulation ActIRDA (The Insurance Regulatory and Development Authority Act, 1999)SARFAESI Act
SEBI ICDR Regulation (Guildelines for Book Building, IPO, FPO, Green Shoe Option)
Whole Law course is covered by the below given guidelines. If you prepare only from Munish Bhandari book and as per these guidelines, then you need not to read anything else and I am sure that you can write of 100 marks in Examination. All the Areas covered in the syllabus are discussed below: Important Chapters: • Directors (on an average 20 marks)• Inter Corporate Loans and Investments (Very Imp chapter)• Compromises, Arrangement and Amalgamation• Prevention of Oppression and Mismanagement• Producer Companies (One of the most important chapters)
Do not read the following Chapters at all: 1. The Insurance Regulatory and Development Authority Act, 1999.2. The SARFAESI Act, 2002.3. Prevention of Money Laundering Act, 2002: Read only Section 12 from this chapter and no other question or thing.
Other Guidelines:• Make a separate short forms book for Corporate Law and Other Book for Allied Laws.• Make a list of all the important section numbers of Corporate Law.• Remember names of only some important Case Decisions. • Go through the past 3 years question Papers before starting reading. This will give you complete idea of paper style of Law and which kind of questions are important.• Solve at least 3 Papers before examination.
Paper v-Advanced Management Accounting
Important ChaptersStandard Costing Standard Costing
Operational Research Operational Research [OR]
Revalant Costing JIT PurchasingTarget Costing ABC AnalysisTotal Quality ManagementThroughputABC with Standard CostingLife CycleBack-flush CostingCustomer ProfitabilityValue EngineeringBench Marking
Modules are most important for Adv. Mgt A/cing. Solve whole module and read theory Don’t read all theory questions. Read only those questions that were asked in past examinations. Take the help of friends for hard
chapters.
Paper IV-ISCA
Important ChaptersSr No Chapters
1 Information System Concepts2 System Development Life Cycle Methodology3 Control Objective4 Testing-General & Authomated Control5 Risk Assessment Methology & Application6 Business Contunity Plan & Disaster Recovery Planning7 An Overview of Enterprise Resourse Planning [ERP]8 Information System Accounting Standards, Guildelines, Best Practices
9
10 Information Technology Act, 2000
Drafting of Information System Security Policy, Audit Policy, Information System Audit Reporting-A Pratical Perspective
Use same reading techniques for ISCA that are mentioned for Audit above i.e. preparing short point book and cramming short points etc. Use Dinesh Madan only for ISCA and never open any other book or module. ISCA is shortest and hardest subject of final. So prepare well in this subject.
• This is Scoring Subject in Group 2.• Read ICAI material along with ICAI Compilation for MICS (May 1996 to November 2006)• This is the best combination. No need to read anything else
Atleast read compulsorily all questions given in the Compilation so that you will pass in this paper.
Paper vIi-Direct Taxes
Important ChaptersIncome Tax (90M) Income Tax Act, 1961
Wealth Tax (10M) Wealth Tax Act
Paper VIII-INDirect Taxes
Important ChaptersCustom (20M) Custom Tax
Excise (40M) Excise Duty
Sales/VAT (10M) Sales Tax & Value Added Tax
Service Tax(30M) Service Tax
Use Vandana Bangar book and no other thing. Never open modules or any other book. Read recent case laws. Cramming short points etc are not important for IDT, yet prepare a short point book while reading and mark imp points with red pen. So that you can revise whole subject easily on the day before exam.
Coaching For Group-I of CA-Final
Financial Reporting Auditing & Professional Ethics Corporate & Allied Laws
Teacher-I
Coaching Centre Shah Auditorium (Kashmere Gate) ITO,Ghalib Auditorium Shah Auditorium (Kashmere Gate) Ghalib Auditorium & PLB, ITO
Teacher-II
Coaching Centre Navshakti School Hall Navshakti School Hall Laxmi Nagar Centre
Teacher-III
Teacher On Priority Bases
Strategic Financial Management [SFM]
Parveen SharmaAcademy: Smart Teach CA, Conventional Center, IMA House, I.P.Marg. DELHIContact:9899706800, 9899706801, 9310273102Fees: 15000/www.smartteachca.com
Aaditya Jain (Specially For New Course SFM,Notes Fully Updated As Per New Course);Academy: Bright Professional Pvt Ltd, 1/53 Lalita Park , Laxmi Nagar, Delhi – 92Contact: 47665555; 9811136987, 9811042458,9911442626Fees:12000/-www.brightprofessionals.com
Surbhi BansalAcademy: Bright Professional Pvt Ltd, 1/53 Lalita Park , Laxmi Nagar, Delhi–92Contact: 011-47665555; 9811136987, 9811042458Fees: Rs. 7000/-www.brightprofessionals.com
Munish Bhandari (Directors Chapter-teaches best)Academy: Bright Professional Pvt Ltd, 1/53 Lalita Park , Laxmi Nagar, Delhi – 92Contact: 011-47665555; 9811136987, 9811042458Fees: 8000/-www.brightprofessionals.com
Parveen Jindal (For Detail Study Of AS/IFRS/US GAAP)Academy: Parveen Jindal Classes, D-1, Sai Baba Mandir Gali, Laxmi NagarContact: 9871272725,93122812 75&011-65068692Fees: 15000/www.jindalaccounts.com
Rajesh Makkar (Specially For Old Course MAFA,Best Notes For Old CourseStudents,Basically Question Approach)Academy: F-6, 3rd Floor, Above CA Library, Vijay Chowk, Laxmi Nagar, Delhi – 92Contact: 9818227937, 9811104384Fees: 14000/-www.mahadevmadhavnidhi.org
Dharmendra MadaanAcademy: Dharmendra Madan Classes, D-233, 3rd FloorAbove Aditya Raj JewellersLaxmi Nagar metro station D-92Fees: Law- Rs.5000, Audit-Rs.2000Email: [email protected]:09999188063/09654488063
Deepak GajraniAcademy:U-110, 2nd Flr,Vikas Marg,Sakarpur, Near Laxmi nagar Metro StationContact:22432757, 41572717Fees:6000/-
Ranjay Mishra (A Newcomer with good feedback)Academy :Institute of Quality StudiesContact:9718057916, 9910865804www.ranjaymishraaccounts.comAddress : 1/53 Ground Floor Laxmi NagarFees :4600
Ashish Kalra (Specially For Old Course MAFA,Notes Partially Updated As Per New Syllabus,Basically Question Approach)Academy: Institute for Grooming Professionals, 160, 2nd Floor, Kapil Vihar, PitampuraContact: 27352757,41572757, 22432757; Fees: Rs. 14000/-www.igpinstitute.org
RK RastogiAcademy : Rastogi Education CentreContact : 9818766887,92128684 25,9212868426Fees : 5000
NK SinghAcademy:Smart Teach CA, Conventional Center, IMA House, I.P.Marg. DELHIContact :9818248595Fees:4000Website:Smartteachca.com
Coaching Centre Laxmi Nagar Paharganj, Nutanmarathi
Coaching For Group-II of CA-FinalAdvanced Management Accounting ISCA Direct Taxes Indirect Taxes
Teacher-I
Coaching Centre ITO & PLB Satellite Classes Only all over India Ghalib Auditorium & ITO ITO & FICCI Auditorium
Teacher-II
Coaching Centre ITO ITO Shri Ram Centre (Mandi House)
Teacher-III
Coaching Centre Satellite Classes Only all over India
Teacher-IV
Teacher On Priority Bases
Sanjay AgarwalAcademy: Sanjay Agarwal Classes, D-223, Laxmi Chamber, Laxmi Nagar, Delhi - 92Contact: 011-43053800, 9818555803Fees: Rs. 15000/-www.sanjayaggarwal.com
Dinesh MadanAcademy: Smart Teach CA, Conventional Center, IMA House, I.P.Marg. DELHIContact: 9899706800,98997068 01,9310273102Fees: 6000/-www.smartteachca.com
Vinod Gupta (For Detailed Knowledge );Academy: 211-212, Anarkali Complex, Jhandewalan Extn., Near Videocon Tower ,Delhi-55Contact: 9810053982Fees: 15000/-www.vinodguptaclasses. Com
Deepak Gupta [For Detailed Knowledge & Detailed Notes]Academy: Deepak Gupta Academy ; 1/56 A, Lalita Park , Laxmi Nagar , Delhi :-110092Contact: 9958677077Fees: 18000/-www.idtfundas.com
Parag GuptaAcademy: Costing By Parag Gupta, A-156, Gali No. 4, Shakarpur, Laxmi Nagar, Delhi-92Contact: 9968875529, 9811136987, 9811042458Fees: 10,900/-
SK MoongaAcademy: Bright 1/56 A, Lalita Park , Laxmi Nagar , Delhi :-110092Contact:9811136987, 9811042458Fees:2500Website:brightprofessionals.com
Satish Mangal Examination ApproachAcademy: D-223, Laxmi Chamber, Laxmi Nagar, Delhi - 92Contact: 9350647377, 9350647378, 9810748920www.satishmangalclasses.com
RajkumarAcademy: Smart Teach CA, Conventional Center, IMA House, I.P.Marg. DELHIContact:9899706800, 9899706801, 9310273102Fees: 8000/-www.smartteachca.com
Veekas KapurAcademy: 1/56 A, Lalita Park , Laxmi Nagar , Delhi :-110092Contact:9818266987, 9910823042www.sukhsagor.com
Dr. Girish Ahuja (Fast and Practical Approach, His book are very popular among CAs and CA Students all over India)www.eten.educomp.com
Manoj BatraAcademy: Bright Professional Pvt Ltd, 1/53 Lalita Park , Laxmi Nagar, DelhiContact: 011-47665555; 9811136987, 9811042458Fees: Rs. 2000/-www.brightprofessionals.com
RN JhaAcademy: AVJ institute,Laxmi NagarContact:9717784681, 9310167881Fees:4100
Krishna Shankar PrasadAcademy: 1/11, Lalita Park , Laxmi Nagar, Delhi-110092Contact: 9868308387 , 9811880881Fees: 7500/-www.caksp.com
Coaching Centre Navshakti School Hall
Sequence Of Classes1 Students Can First Join Either Accounts,Costing & MAFA.
2 After that IDT & DT should be covered.
3 -At one time students can manage two coaching,but not more than two.
4 -Student who are weak in theory should join Theory Classes.
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6 Students must cover their all Coaching before 6 month of their Final exam.
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8 It will be better If students can revise their class notes on a regular basis.
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10 -Students must prepare for CA Final Exam with Full Determination & Commitments.
11 Now it is very hard to crack CA final specially under the new Syllabus.
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If students are comfortable with theory subject then they can cover theory from Best notes available.
Student should take leave of 3-6months before Final exam from Office for self preparation.
Students should always appear for both the groups.Only at rare case they should opt foronly one group.Both group can easily be attempted .Students just need to plan well.
After seeing the above analysis students must have understood the importance of planned & systematic approach towards CA Final.Now It will be very difficult to pass CA Final
Whom to Reffered in case of any problem
Sr No Query E-Mail Phone No. Websites
1Any (Including Required Softcopy of any Subject) ----------------------- -----------------------
2Online Book Store ----------------------- ----------------------- www.cabooksonline.com
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ca_helpline@ yahoo.com