CA Final Financial Reporting Preparation Strategy | Jan 2021 CA Exams

 

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?The essence of strategy is choosing what not to do.?

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Hello Students,

This article is dedicated to CA Final students appearing in Group I Exams for Jan 2021 attempt. Without wasting any time further. Students’ can please go through CA Final Financial Reporting Preparation Strategy from 5 days before exam.

So here we go

CA FINAL OLD SYLLABUS (CHAPTER NO. & NAME AS PER ICAI MATERIAL)

DAY TOPICS TO BE COVERED
DAY 1 : CHAP 10, 9, ASChap 10: Development In Financial Reporting (Value Added Statement, EVA, MVA, HRA)

Chap 9: Valuation

Accounting Standards: As 1,2,3,4,5,29
DAY 2 : Chap 8, 7, 6, ASChap 8: Financial Reporting For Financial Institutions

Chap 7: Share-Based Payments

Chap 6: Accounting & Reporting Of Financial Instruments

Accounting Standards: AS 6, 7, 9, 10, 11
DAY 3 : Chap 5, ASChap 5: Holding

Accounting Standard: As, 12,13,15,16
DAY 4 : Chap 4, 3, 2, Remaining ASChap 4: Corporate Restructuring Accounting

Chap 3: Corporate Financial Reporting

Chap 2: Ind As & AS

AS Left: 17, 18, 19, 20, 22, 24, 25, 26, 28
DAY 5 :Complete pending topics, if any, or revise imp topics, RTP, MTP.

CA FINAL NEW SYLLABUS (CHAPTER NO. & NAME AS PER ICAI MATERIAL)

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DAY TOPICS TO BE COVERED
DAY 1 :Chap 1: Framework of Preparation & Presentation of Financial Statements

Chap 2: Ind AS 1,34,7

Chap 6: Ind AS 101

Chap 4: Ind AS 8,10,113

Chap 7: Ind AS 2,16,23,36,38
DAY 2Chap 7: Ind AS 40, 105, 116

Chap 8: Ind AS 41

Chap 3: Ind AS 115

Chap 5: Ind AS 20, 102

Chap 11: Ind AS 24, 33, 108
DAY 3 :Chap 9: Ind AS 19, 37

Chap 10: Ind AS 12, 21

Chap 12: Financial Instruments

Chap 15, 16, 17
DAY 4 :Chap 13, 14
DAY 5 :Revise, Leftovers, RTP, MTP etc

ABOVE CA FINAL FINANCIAL REPORTING PREPARATION STRATEGY TABLE IS NOT A CONCRETE DO AS IT IS. CONVENIENCE IS DEEPLY APPRECIATED.

CA Final Financial Reporting Preparation Strategy | Jan 2021 CA Exams

CA Final Financial Reporting Preparation Strategy

BONUS : Starting to Revise 2 Days before exams ? Here’s a suggestive table below –

Divide your syllabus into 2 categories and complete one category in one day. Categories for syllabus are:

CA Final Old Syllabus
Category A (CHAP 10, 9, 8, 7, 6, 3)Valuation, Value Added Statement, HRA, Financial Institutions, Share-Based Payments, Financial Instruments, Corporate Financial Reporting
Category B (CHAP 5, 4, 2, 1)Holding, Corporate Restructuring, Ind As Vs As, All Accounting Standards
CA Final New Syllabus
Category A: Chap: 1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 15, 16, 17Framework of Preparation & Presentation of Financial Reporting, IND AS 1,34, 7,101, 8, 10, 113, 2,16, 23, 36, 38, 40, 105, 116, 41, 20, 102, 24, 33, 108, 19, 37, 12, 21
CATEGORY B : Chap: 3, 12, 13, 14 Ind as 115, Business Combination and Consolidation, Financial Instruments
CA Final Financial Reporting Preparation Strategy

Remember Guys !!

YOU ARE THE BEST & YOU CAN DO IT !!


That’s all for now. Stay Connected for more such updates.

Above article is contributed by CA Shifali Garg founder of MakemeCA.com

Jai Hind, Vande Mataram
Team CA Study & MakemeCA

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