“The essence of strategy is choosing what not to do.”
Michael Porter
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, AS | Chap 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, AS | Chap 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, AS | Chap 5: Holding Accounting Standard: As, 12,13,15,16 |
| DAY 4 : Chap 4, 3, 2, Remaining AS | Chap 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)
| 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 2 | Chap 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
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, 17 | Framework 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 |
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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