Learner
1057 Points
Joined May 2010
1)Financial Reporting
Ur choice is really gud. Go ahead with M.P.Vijaykumar. The only problem with this book is that it does not cover the entire syllabus. But I think we can refer module 4 topics not covered by MPV.
2)Accounting Standards
I cant say which one is better since I havent read Paduka or Rawat. I use MP Vijaykumar & am pretty satisfied with it.
3)SFM
Again ur choice is superb. I am a big fan of Pattabhiraman's book. That does not mean that the book does not have any flaws. It has got a number of drawbacks. But the USP of this book is the conceptual clarity it provides to the reader. Dont know about Sridhar. Have read in many forum threads that it is good & contains a large number of sums. And thats important for one using Pattabhiraman bcoz Pattabhiraman does not contain that many problems.
For a detailed descripttion of all the above books(except Sridhar), pls refer to this link /forum/reference-book-149464.asp
4)Auditing
It is a good choice. Surbhi bansal is brief so can be used 4 revision purpose(especially during the days b4 the exam). Also I think it is better to do auditing standards from this book. But 4 other topics use it in combination with Paduka/Module. Personally I am not too impressed with Paduka's auditing book. In my opinion, Paduka=Module in Q & A format+compliation+RTPs. Why waste around Rs.400 for things which u already have with u? But if u like to study in Q & A format, then it is a gud choice.
5)Corporate & Allied Laws
Munish Bhandari's book is just outstanding. I think it is the only self sufficient reference book. If u are reading from Bhandari, then u dont have to refer anything else(thats not the case with most of the other reference books.). I dont have the handbook but I think it will be very useful during revision time.
6)Management Accounting
I am currently using module for this subject. Had purchased Paduka but was not at all satisfied. It is a very good book 4 doing sums. But as a person doing self study, I needed to understand everything myself without any external support. So the book I would be referring should make me understand things. Sadly I found Paduka inadequate in this aspect. I am overall satisfied with the institute module but recently I experienced some trouble in understanding a topic. So I am now myself in a dilemma whether to buy a reference book..also I dont know which one to buy..So I cant really suggest u a reference book..My only advise wud be to not buy Paduka- in the hope that it would give u conceptual clarity(But for problem solving purpose, u can definitely buy it). Buy some book which makes u learn concepts( I read in some forum thread that Ravi M Kishore is good).
7)ISCA
Go with Gaurav’s suggestion. I havent seen the ISCA book by paduka but generally all books of paduka follow institute language & are in Q & A format. So I think both ur requirements will be met by paduka. In between, I am not using any reference book 4 dis subject. I feel it is better to module .
8)DT
I am using T.N.Manoharan. It is a very good book. It is neither too lengthy nor too brief. It contains adequate number of illustrations. It also carries previous year questions at the end of each chapter. Provisions are very well explained in this book. It is apt 4 self study. But I cant say whether it is better than paduka or Vinod Gupta as I havent read any of these.
9)IDT
I was in total confusion regd which book to buy 4 this subject(still a little confused). First I bought V.S. Datey. I have to say that it is a good book. I understood whatever I read from the book(though I read only 2-3 chapters of excise from this book). But I felt the book to be a little bit disorganised. Provisions were given in a haphazard fashion(at least it appeared to me so). It was also a bit bulky(especially the excise part). The other drawback was that it did not contain any problems. So I decided to purchase another book. I had almost decided to purchase Bangar after reading all the positive opinions about it in this forum. However I changed my mind after reading the post by Ravi under this link /forum/may-2011-final-new-course-best-book-for-idt-103837.asp. I decided to buy Vaitheeswaran. This book was smaller in size compared to Datey. I found the book to be better organised. But even this book did not have problems(except in valuation & SSI). So I purchased the compiler of Bangar. Upto now I have completed VAT & some part of excise. The VAT topic is not explained really well in Vaitheeswaran. I understood things better by going through the Bangar compiler. But I am really satisfied with the way excise is explained in Vaitheeswaran. Overall I think this book is really helpful in understanding concepts. But I have read in some forum threads that it does not cover some areas of indirect tax laws. Dont know how much truth is there in it. Anyway I am going to base my studies on this book+compiler. After finishing the book, I shall give a quick read of the provisions from the module or datey to see whether anything is left uncovered in this book.
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