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Only 2.5 Months left for CA Finals Exam still thinking how to approach them

Don't worry let's break it into a step by step process

Paper 1 - Financial Reporting

A) Tips you must follow before Exams

1) Refer to the teacher which includes ICAI Study Material, MTP, RTP & Past year paper in their classes

2) Though there are a large number of topics, however, almost all topics are easy to understand and can be easily retained,.

3) Try to Revise all subjects at least twice.

4) Write at least 1 Mock test - But why?

FR is the first paper so we usually write slowly and neatly without considering the fact that we have time constraints as FR paper is always lengthy. As a result most of the students are able to attend 80-85 marks for paper resulting in 45-50 marks only.

So 1 thing that I bluntly say to everyone is that - write as quickly as possible with normal level of presentation, because it's a professional exam and not some sort of Drawing exam.

B) Tips you must follow while writing an exam

1) In the first 15 minutes try to identify all the questions that you will attend along with the sequence in which you will attend.

2) Usually most students read the 1st compulsory question which is from Business Combination or Consolidation and try to attempt the same and most of time Balance Sheet does not tally resulting in Frustration and loosing confidence at starting of exam only.

So try to attend those questions first which are easy and can fetch you good marks.

Scored 76 Marks in Law SPOM with Just 3 Days of Preparation!!

If you're short on time but still want to clear the Law SPOM exam with only a two or three daysof preparation.

Recommended Study Materials:

-> Exam MCQ Compilation by Vikalp Gupta (4th Edition), This is a must-have. Many of the MCQs in the exam tend to repeat, and this compilation has a high probability of covering those questions.

-> MCQ, Time Limit, and Penalties(Only SEBI )Summary by CA Hemant Somani Sir.

-> Revision Videos by Shubham Singhal Sir

By focusing on these materials, you can maximize your chances of passing the exam even with limited preparation time. Good luck!

If you'd like to receive these PDFs, hit the like button and drop your email.

Shubham Singhal_compressed.pdf

IMPORTANT TIPS FOR EXEMPTION SERIES
-Subject 5 IDT
1) Keep ITC on last preference, whether it is first reading or revision or exam
2) Module is very good conceptually but it is not for last 1.5 days. Either make your own notes or refer any good faculty's short notes(I have referred summary of Yashwant Mangal sir)
3) Knowledge of provisions is not enough. It is the practice of questions which will help you fetch exemption in IDT
4) No need to remember section no. /entry no. /exact language of provision
5) Please do not ignore theory chapters of GST(which many people think are irrelevant) since direct questions will be asked from them.If you leave ITC, these chapters will help you to compensate very well.
6) There are many irrelevant questions. Start marking questions which you have to refer 1.5 days before exam.

IMPORTANT TIPS FOR EXEMPTION SERIES
Subject 2- AFM
1) Question Bank of Ajay Agarwal and 2 latest RTP is enough.

2) For theory, just cover chapter 1,2,6 and 14 of module.

3) Main answer is to be solved as per icai method. Working notes can be solved as per any method.

4) Try to understand the formulas but if you are not getting something just learn it without logic and move ahead.

If you have any query or you want any suggestions drop a msg at
https://t.me/CAofficials

MUST DO CHAPTERS LIST SERIES FOR EXEMPTION
-SUBJECT 2 AFM

1) DERIVATIVES
2) PORTFOLIO MANAGEMENT
3) MERGERS & ACQUISITIONS
4) SECURITY VALUATION
5) FOREX(Atleast see basic sums, rather than leaving entire chapter)

PRO TIP-Don't go in much depth of the topics. Solving module and last 2 RTPs are enough for November 2024.

Join my telegram channel for free notes and subject wise daily guidance
https://t.me/CAstudyzone

Daily strategies will be uploaded on this channel.

This time let's clear the exam not just with 40 but with exemption.

Share with your friends
https://t.me/CAstudyzone

Tips To Remember During Revision

1. Follow ABC analysis for the revision sequence but don't leave any chapter based on ABC. Start with small & easy chapters of category A then move to difficult chapters.

2. Whenever you revise the subject, don't solve all the questions from study material or question bank. Follow below approach

Cancel the same or similar question

Cancel the easy question which you have solved correctly in first try without any

Mark the important or difficult question where you made mistake for next revision.

3. There is no need to solve all questions by hand during revision as it will consume lots of time and you may not able to revise all the chapter instead follow below approach for smart revision

Read the question

Think of the first step you will do to solve the question

Calculate the values for the first step in calculator, (if question is small then calculate the final answer directly on calculator)

Match the answer of first step with ICAI answer and continue the process for next step and solve the entire question

This way you can solve question faster and you will know ICAI method as well since you have verified the ICAI answer.

4. Note down all the mistakes you have done while solving question in a mistake register and refer those mistakes next time before you start solving practical ans

5. For writing practice,
Refer the previous attempt papers and do solve some random Qns by hand

Do give 1 MTP and

6. Refer the theory & important formulas from last day revision notes at the end of each revision and do revise them on the exam day as these takes less time and gives you 12-15 marks in exams.

AVOID THIS MISTAKE
I have seen people studying one subject and thinking about another.
Please don't do this mistake.
By doing this, you are not only getting tensed about that other subject, but also you are losing your focus from the first one.

Atleast jo padh rahe ho wo to dhang se padh lo

MUST DO CHAPTER LIST SERIES FOR EXEMPTION

Subject 8-Indirect Tax
GST
1) Valuation
2) Refund
3) Offences & Penalties

CUSTOMS LAW
1) Baggage
2) Duty Drawback
3) Warehouse
4) Valuation
PRO TIP 1-Don't focus much on ITC and FTP. Keep it last whether it is your first reading/last day revision/exam
PRO TIP 2-Theory chapters of GST are very scoring. Please don't leave them.

One of the questions that trouble CA students is how many revisions should be done before appearing for actual exam?

Till what date our syllabus should get over?

I would suggest you not to keep any deadline or targets for revision as that will only make you feel the pressure and affect your productivity negatively.

You will enjoy the process only when you study without any pressure.

I have seen many students who set the target for the day, but once they lose their track, they waste their entire day on social media or any other unproductive activity.

Ek baar padhna start toh karo, fir bina target ke bhi padhai ho jaaegi yaar.

NOTE-This is my viewpoint, some others may not agree.

Bohot baar hum kuch zyada hi tension le lete hai attempts ka/rank ka/marks ka 😰

Ek baat yaad rakhna dosto!!!

CA Ban jaane ke 5 saal baad koi tumse nahi puchne wala ki single group diya tha ya both/kitne attempts lage the/kitne marks aaye the.

Chill hokar padho yaar 😎

Life toh bohot badhi hai.
Uske saamne CA Exam kuch bhi nahi. 👍

Prosperity is in simplicity!

We all want go grow in life.

But everyone’s looking for a hack or a mantra to get the breakthrough immediately.

See any successful person you look upto.

Did they get to that position in a day?

Nope.

It took them years.

Were they tough?

No, just they kept things simple.

They prioritised their time.

Worked on things that matter and ignored distractions.

Just lead this simple life to get extraordinary results in future 💙

That’s how I see it & everything becomes achievable.

Keep going ✅

Happy Learning ✌️

There isn’t anything like Perfection!

We just improve day by day & become a better version.

Slow & Steady wins the race 💙

What if we start studying from today?

Can we clear our exams?

My only reply -

Aap sochte hi reh jaaoge aur jisko padhna hai wo padhke PASS hoke CA bhi Ban Jaayega Nov 24 me.

Again repeating, YES IT'S POSSIBLE ✌

Stop Thinking
Start Working 👨‍💻

2 Important Tips -

- For Practical - It's not necessary to do written practice of all the questions. Vouch most of the questions and solve (write) only 1-2 big questions of each chapter.

- For Theory - Try to read from some short notes/ charts as you are starting the subject now.

Jo log bol rahe hai ki last 2.5 months me possible nahi hai, wo khud ki baat kar rahe hai.

Aapki nahi.

Aap aap ho.
Wo wo hai.

Aap se ho jaayega 💪

Sab Possible Hai.

# CA in Nov 24 ✌