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Financial reporting not able to clear

Rahul Being RG (CA FINAL) (283 Points)

27 January 2017

I am not able to clear FR exam of CA Final, however i have also taken Praveen sharma sir sattellite class. please tell how could i tackle without any class..

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CA Karan Sathe (CA ) (564 Points)
Replied 27 January 2017

Practice a lot PM. See compilation to check which questions are repeated. I only study from Compilation and i prefer VK Agarwal for AS .i got 46. Overall study of AS is very imp. number of questions are repeated you can observe. download compilation from icai web. look in last exam ind as 24 with AS 18 difference for 8 marks + financial instruments for 8 marks so plan accordingly . i mean do not go for ind AS as it is very vast..only go for financial instruments in IND AS ,.you can cover problems from PM too. in last exam 4 marks question came from PM.REVISION IS NECESSARY .If you revised properly you can not fail. i will advise you observe compilation.and refer last 3/4 questions paper also because ICAI asking different types of problems w.r.t EVA Brandvaluation.sharebased payment. this are new. so cover it.AND MOST IMP THIS TIME SOME OLD ACCOUNTING STANDARDS ARE REVISED (6 TO 8 as revised) SO FOCUS ON IT.

ALL THE BEST.

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pratik (Assistant Manager) (25 Points)
Replied 27 January 2017

Focus more on practice of sums.Concept of AS must be thorough.Try to solve the sums on your own without seeing the solution..Initially you will make mistake but you will be able to learn more..