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CA Final exams of May 2016 are coming closer. We have sufficient time for exam preparation. ICAI have already declared CA Final results. Last attempt (NOV 2015) ICAI declared very low pass percentage that means we have to do more hard work. Our preparation should be started from 1st Feb 2016. Here we have almost 3 months for preparation.  If you follow given study plan, I am damn sure that you can get 60 + marks in each and every paper.

Suggested study plan for CA Final May 2015:

Here I’m giving study plan for 3 months. We can definitely complete our preparation in 3 months very easily. In these 3 months preparation, you have to do 3 times of revision for CA Final exams. Below I have given the study plan for CA Final exams preparation.

Preparing For Examinations:

1. A student is required to prepare thoroughly for examinations well in advance and to devote at least two hours daily for studies while undergoing Article Training.

2. During leave period, at least 14 to 16 hours’ hard work is required.

3. Avoid mobiles, internet and television as far as possible.

4. Students must study from study material and do practice from practice manual. Wherever a particular topic or point is not clear, a student may refer to a standard text/reference book.

5. Students should refer suggested answers of questions set of last five/six examinations and Revision Test Papers. It is strongly recommended to solve the questions first without referring to solutions and then comparing the answers with the solutions given. Such an approach would help in knowing point of mistake and presentation pattern of an answer.

6. In law papers, Section and its provision is to be given correctly. If a student is not sure about the Section number, then he should not quote the same.

How to utilize time during leave period:

Get up early in the  morning at 4 AM. Be ready by 5 AM. This period (4.00 AM to 6.00 AM) is called ‘Brahma Murat ’ and studies done during this period cannot be forgotten i.e. they remain in memory for long.

5 AM. To 7.00 AM

Read Theory

7 AM. to 7.30 AM.

Breakfast Time

7.30 AM to 10.30 AM

Read theory – mind is always fresh in the morning

10.30 AM to 11.00 AM

Relaxation Time

11.00 AM to 1 PM.

Do/solve practical problems.

1 PM to 2 PM

Lunch Time

2 PM to 3 PM

May take short sleep

3 PM to 5 PM

Do/solve practical problems.

5 PM to 5.30 PM

Have a break.

5.30 PM to 8 PM

Read theory.

8 PM to 9 PM

Dinner Time

9 PM to 10 PM

May go for outing – watch T.V

10 PM to 12 PM

Do/solve practical problems

12 PM to 4 AM

Have sleep

          Reading Time                      Eating Time                            Relaxation Time

Study plan for CA Final May 2016  – 1st Revision  

1st  Revision

No. of days = 60 days
Daily preparation hours = ( 13+1 ) = 14 hrs. 

Subject

Daily preparation time for each paper

Total hrs.

Refer previous day’s revision 
(in early morning )

½ hr x 60 days

30 hrs.

Financial Reporting

2 hr x 60 days

120 hrs.

Strategic Financial Management

2 hr x 60 days

120 hrs.

Advanced Auditing and Professional Ethics

1 hr x 60 days

60 hrs.

Corporate and Allied Laws

Section A: Company Law

Section B: Allied Laws

2 hr x 60 days

120 hrs.

Advanced Management Accounting

2 hr x 60 days

120 hrs.

Information Systems Control and Audit

1 hr x 60 days

60 hrs.

Direct Tax Laws

2 hr x 60 days

120 hrs.

Indirect Tax Laws

Section A: Central Excise

Section B: Service Tax

Section C: Customs

1 hr x 60 days

60 hrs.

Once again refer that full day’s revision

(Before going to bed )

½  hr x 60 days

230 hrs.

Total

14 hrs. x 60 days

840 hrs.

You have to complete your 1st revision in first 60 days and also you have to complete full syllabus of CA Final in your study material in this period.

Here study material means your  own class notes/tutorials, own material or any preferred publishers publication. Even you can prepare both CA Final study material and practice manual of ICAI.

Study plan for CA Final May 2016  - 2nd  Revision

No. of days = 15 days
Daily preparation hours = ( 13+1 ) = 14 hrs.

You have to complete your 2nd revision in next 15 days and once again you have to complete full revision of your study material which you prepared in 1st revision. But this time you should prepare for both CA Final study material and practice manual of ICAI.

Note: preparation of ICAI’s study material and practice manual is a must. So you should do this in 2nd revision.

Subject

Daily preparation time for each paper

Total hrs.

Refer previous day’s revision 
(in early morning )

½ hr x 15 days

7.30 hrs.

Financial Reporting

2 hr x 15 days

30 hrs.

Strategic Financial Management

2 hr x 15 days

30 hrs.

Advanced Auditing and Professional Ethics

1 hr x 15 days

30 hrs.

Corporate and Allied Laws

Section A : Company Law

Section B : Allied Laws

2 hr x 15 days

45 hrs.

Advanced Management Accounting

2 hr x 15 days

15 hrs.

Information Systems Control and Audit

1 hr x 15 days

15 hrs.

Direct Tax Laws

2 hr x 15 days

15 hrs.

Indirect Tax Laws

Section A : Central Excise

Section B : Service Tax

Section C : Customs

1 hr x 15 days

15 hrs.

Once again refer that full day’s revision

(Before going to bed )

½  hr x 15 days

7.30 hrs.

Total

14 hrs. x 15 days

210 hrs.

3rd Revision

No. of days = 15 days

In this 3rd revision, there is no particular time table. Just concentrate on your weak areas of subjects. Once again, revise all the subjects which you completed in last 2 months(1st and 2nd revisions). This time, also prepare previous years papers, mock test papers, RTP’s and other model papers which are you have.


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Category Students, Other Articles by - Arpit verma 



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