

Less than 50 Days are left
for CA Final May 20 Examination. In this blog I will be giving some very useful
tips to CA Final May 20 Aspirants that will surely help them in their
preparation.
This blog is dedicated to CA
Final Group 1 aspirants and will come up with a blog for Group 2 as well soon.
PAPER 1 FINANCIAL REPORTING
To score in CA Final FR just
go for ICAI PM as well as SM Questions and whether you are revising subject one
day before or doing the first revision following pattern should be followed
CATEGORY A
TOPICS
a) Share-Based Payments
b) Valuation
c) EVA, Human Resource
Reporting
d) Accounting for Financial
Institution
These Topics cover at least
35-40 Marks and can be completed very easily and quickly
CATEGORY B
TOPICS
e) Corporate Restructuring
f) Accounting Standards
g) Accounting for
Financial Instruments
h) Comparison AS VS Ind AS
CATEGORY C
TOPICS
i) Guidance Notes
j) CFS
(Even if you are
facing issue in doing it still I would suggest just refer major adjustments so
that you can at least start the question in exam) Friends lot of people face
issues in consolidation so instead of spending a lot of time in CFS and in the
end getting only 14-16 marks its better to revise other topics twice. But I
would not suggest you to leave CFS entirely rather just go through basic
adjustments and practice a few problems but even if you leave it there is no
harm and you can still score easily 60-65 marks.
MANTRA TO SCORE
IN FR: You need to do
writing practice. Just looking at problems won't fetch you marks. Mark my words
without writing practice you won't be able to solve in exam. So, solve few
problems from each topic covering most of the adjustments / concepts.
PAPER 2
STRATEGIC FINANCIAL MANAGEMENT
CATEGORY A
TOPICS
a) Dividend Policy
b) Forex Management
c) Portfolio
d) Merger and Acquisition
The above topics will easily
take you to at least 50 Marks and if done properly you can get 35-45 marks
which is a very good number I suppose.
CATEGORY B
TOPICS
e) Capital Budgeting
f) Leasing
g) Security Analysis
h) Mutual Funds
CATEGORY C
TOPICS
i) Derivatives
j) Financial Services
k) Theory
Friends many students find
Derivatives difficult and some find Forex Difficult. I would suggest that you
may make a compromise with Derivatives if running short of time but do Forex
nicely. Also theory is a sure shot 16 mark Question but if you have done
Category A and B Topics nicely, then you can compromise with it or do certain
Topics and still you can easily score 60 Marks.
MANTRA TO SCORE
IN SFM: Handwritten Practice
of at least 1/3 problems of the problems in each topic and revision of Concepts
from Summary notes.
PAPER 3 ADVANCE
AUDITING AND PROFESSIONAL ETHICS
Friends there is a common
belief that you need to study ICAI PM to score in Audit.
CATEGORY A
TOPICS
a) Professional Ethics
b) Company Audit
c) Audit Report SA 700
Series+ CARO
d) Audit of Banks+ GIC
e) Fiscal Laws
These Topics cover minimum
40-50 marks and can be completed easily and with perfection. So, Try to
complete these early whether doing first time or last day of revision before
exam.
CATEGORY B
TOPICS
f) SA’s
g) Special Audit Assignments
h) Audit of CFS+ Corporate
Governance
i) Peer Review+ Due
Diligence
CATEGORY C
TOPICS
j) NBFC
k) Cost Audit
l) CIS
m) Other Misc Topics
Friends if you are 100% done
with Category A+B then you may go for selective study of remaining Topics as
per your convenience and still you can score good in Audit and 50+ is
considered good in audit and with MCQs in Audit you can easily achieve this
target.
MANTRA TO SCORE
IN AUDIT: Underline Key words in each
answer while your first reading from Scanner and try to replicate in your
answers. Try to write to the point as when we write extra, we make mistakes.
Enroll for some good test series and appear for Tests and make sure to give
ICAI Mock Tests.
PAPER 4
CORPORATE AND ALLIED LAWS
CATEGORY A
TOPICS
a) Dividend, Account and
Audit
b) Directors, Board Meeting
and MR
c) IBC
d) SEBI
e) FEMA
These Topics cover at least
55-60 marks and though it takes a bit time in covering these but if done
properly then there is no stopping.
CATEGORY B
TOPICS
f) C&A
g) Prevention of Oppression
and Mismanagement
h) NCLT+ Special Courts
i) Interpretation of Statues
j) Competition Act
CATEGORY C
TOPICS
k) Winding Up
l) Producer Co
m) Other Misc Topics of CO
Law
n) SCRA
o) Misc Topics of Allied Law
Friends again if you are
done with Category A+B nicely then you may compromise with 1-2 Topics as
mentioned in Category C and still you can score decent marks in Law.
This was a small write to
explain you that there is no need to go for 100% syllabus rather study 80%
Topics and be 100% sure in those topics. This was based on mine and some of my
friend's personal experience and brought positive result for us. You may use
this for your preparation.
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