When to start studying for ca final?

Dear George

Congratulations on passing IPCC exams and joining articleship in Big 4!

Since your attempt is in May 2016, you can start with Accounts, Costing and Finance for sure. Since in these subjects, there would be no amendments. As far as other subjects like Law, ISCA and Audit are concerned, there might be minor changes (not for Law!!..since for you Companies bill would be applicable).

So,start these subjects may be after 8-10 months of your articleship, so atleast you would be clear as to what portion has changed and other things.

Now, for IDT and DT, there will be many changes for sure. Plus you will have to read case laws, amendments etc which carry significant weightage.

But, looking at the volume of the syllabus of Tax (both DT and IDT), yu should at least start with some topics so that in the end you don;t find it tough and lengthy.

PS : I am an article in Big 4 too, so suggesting you accordingly. You may get many opinions on this but the key is to do regular studies!

 

Regards

 

Since your attempt will be in 2016 nothing can be said about changes in any subject. At this point of time it will be advisable to start with the subjects which will be beneficial to you during your Articleship work. Hence you can start with Accounts( Accounting standard) audit and law, the knowledge of theses will surely be required for your work. Then depending on the area in which you are working say direct tax or excise you can start preparation of those subjects. You can leave ISCA  SFM for latter periods.

Thank you very much :)

Major reforms in the form of DTC, GST are in the pipeline. The Companies Act 2013 will definitely be applicable to you. IFRS, Ind AS is likely to be applicable. It's tough to predict what other inclusions or exclusions will be applicable for your term. It is better to keep yourself abreast of all the developments occurring around you.

Hi Rohan,

I joined Deloitte on 25th March, 2013 and am facing the same dilemma as to when and where to start my studies for CA Final. I am from prior experiences better off doing self study rather than attending tuitions. I though don't think studying Accounts would be of much use considering the proposal for implementation of IFRS. Costing should certianly be started now As for other subjects I have no idea myself.
Hoping someone will eb able ot help me out.

Regards.