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

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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: d.madan@yahoo.co.inContact: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