Management Accountant
40581 Points
Joined June 2010
Yes, the decision to opt for group 1 or group 2 purely depends on the level of knowledge that you already possess in those groups. If you are appearing for the first time, you should know that direct tax and indirect tax law you will be writing based on the provisions contained in Finance Act 2015 which will be applicable for both May and November attempt. AMA and ISCA there will not be any changes.
First group in FR - Ind AS, Auditing - IFC, SA, Company law provision and other miscellaneous changes in provisions of SEBI etc and Company Law - Changes from time to time which is taking place as per the provsions contained in Comapanies Act,2013. Here, there are many changes / amendments except for Except.SFM.
Now you take a call what suits you better.
Best of luck.