CA Final Accounts Study Tips
For the important chapters for Financial Reporting for CA Final examination, consider following in tips:
we divided CA Final Financial reportingt in 5 parts:
1) Accounting Standards
2) Miscellaneous chapters.
3) Consolidated Accounts.
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CA Final Accounts Tip No. 1
AS in common are asked around from 20 to 40 marks, so one must not ignore that part . They are sometimes even copied from modules and PM with same figures. So it could be free gift for you all.
CA Final Accounts Tip No. 2
You can refer any good reference book. Which I personally feel every CA should refer, as they are fundamental matters. WE CA s are recognized by AS. (I referred RAWAT SIR’s)
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CA Final Accounts Tip No. 3
Refer past papers and find out patterns. If I point out many AS Like 15 16 20 22 30 31 32 are in category of FAQ (these are just e.g.) there are lot more things you can research ad do smart work 🙂
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CA Final Accounts Tip No. 4
Miscellaneous chapters are not at all misc in importance. They are asked of 16 to 24 marks and beauty is that they are very much easier and less complicated in nature. Must not ignore them. E.g. Nov 11 paper, where most of the paper is from them.
CA Final Accounts Tip No. 5
As for last 3 parts I am sure all of you do so much practice that sometimes we can even solve that entire sum without question in our sleep. You can practice them from past year papers that i have provided below. You ca also reffer Practice manual for the same.
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