LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Final 1st grp or 2nd grp

shraddha (CA Final) (258 Points)

20 January 2016

hello friends, i have only 3 months left for preparation of final exam may 2016. so,please advise me i will go for 1st grp or 2nd grp.

Reply
Follow
Share

6 Replies

upender kumar (job) (93 Points)
Replied 20 January 2016

hello shradha you should go for 1st grp as u have only 3 months for preparation.Second grp contains 4 big subjects which takes lots of time to prepare and it is very difficult to go through in just 3 months. 1st grp subjects are manageable with hard work in 3 months

CA Rahul Soni (Student ) (368 Points)
Replied 20 January 2016

You should go for group 2 bcz there is chances of changes in iDT paper after GST Bill pass.

CA PRIYANSH SURYAWANSHI (M.Com M.A. Economics CA) (1294 Points)
Replied 20 January 2016

It totally depends on you ma'am
You should take a view of both groups and analyze which grp is a better option for you.

And as far as my view is concerned you should go for second group because Audit is a subject which contains everything.. When u prepare for grp1 only than sometimes it bcms difficult to answer some que of TAX Audit and miscellaneous topics..
So it will help u clear that

But than too its ur decision.. take it wise
Best of luck

shraddha (CA Final) (258 Points)
Replied 20 January 2016

Thanks you so much..

Sathish M (Management Accountant) (40581 Points)
Replied 21 January 2016

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.