29 November 2014
which subjects to study as of now for ca final... im having my attempt on may 2017 and i have heard the syllabus would b entirely changed... so pls suggest which subjects can i start studying now?
18 July 2024
Preparing for the CA Final exam, especially when there are changes in syllabus approaching, requires strategic planning. Here’s a suggested approach to tackle your preparation for the May 2017 attempt, considering potential changes in syllabus:
1. **Core Subjects (Not Likely to Change):** - **Financial Reporting (FR):** This subject usually remains consistent with basic accounting standards and principles. Focus on understanding the latest updates and amendments. - **Strategic Financial Management (SFM):** Key concepts in SFM are likely to remain relevant, so starting early can help solidify your understanding of financial management techniques and strategies.
2. **Subjects Likely to Undergo Changes:** - **Advanced Management Accounting (AMA):** This subject often incorporates new techniques and case studies. Begin with the foundational concepts that are less likely to change drastically. - **Auditing and Assurance (AUD):** While the core auditing principles may remain the same, updates in auditing standards could impact the syllabus. Stay updated with recent amendments. - **Corporate and Economic Laws (C&E Laws):** This subject involves legal provisions that may change over time. Focus on understanding the principles and keeping up with recent legal updates.
3. **Elective Paper (Subject to Change):** - **Choose Wisely:** If you have opted for an elective paper, be aware that elective subjects may see significant changes. Keep track of any announcements from the ICAI regarding syllabus revisions.
4. **General Tips:** - **Stay Updated:** Regularly check the ICAI website and official announcements for any updates regarding syllabus changes. - **Start Early:** Begin with subjects that have a stable core syllabus or where updates are minor, such as FR and SFM. - **Practice Questions:** Solve past papers and mock tests to get a feel for the exam format and to identify areas where you need more practice. - **Use Reliable Sources:** Refer to study materials from reputed publishers or recommended by your coaching institute to ensure you’re studying relevant and accurate content.
Given the uncertainty about syllabus changes, focusing on subjects with stable core concepts initially can provide a solid foundation. Keep yourself informed through official channels and adapt your study plan accordingly as more details about syllabus changes become available.