Hi to all. I am Rakesh Solanki from jodhpur. I have completed my chartered accountancy course in may 2014 attempt. I would like to share my experience.
First of all i wanna say that during exam period not loose your hope, be confident, do proper planning.
Nov 2014 attempt
1 : financial reporting Must read AS. Imp as 11, 15, 19, 20, 22, 25,28,29 Valuation of gw and share topic is most imp for exam.
Other small chapters like eva, va, mutual fund , share based payment is most imp.
2 : strategic financial management In may 2014 attempt paper was easy mostly question from practice manual and rtp.
Imp ch : divided policy, portfolio, derivative and from last 2 attempt mostly question from forex chapter.
Never leave any topic. All are imp. In sfm subject theory is most imp. Must read theory from practice manual.
3 : Advanced auditing and professional ethics Imp topic Professional ethics cover 16 marks. Must remembered ethics clauses.
Standard of audit cover 20 marks avg. Read and remembered SA by following pattern
Risk related : 240, 315, 330, 450
Audit report related : 700, 705, 706
Planning related : 300, 320
Audit evidence related : 500, 501
Auditor related and imp sa : 600,610,620
Law related : 250
Governance related : 260,265 500 series sa : 505,510,520,530,540,550,560,570,580 Engagements related and imp sa : 4400, 4410, 2400,2410
Quality related imp sa : 220 and sqc 1
800 series : 800,805,810
Service related : 402, 3402
SAE 3400 asking in may 2014 attempt
Comparative related : 710
Other sa 200,230,299,210
Then after SA Imp topic are CARO, tax audit, cis chapter
4 : company act and allied law
Most imp companies act 2013 amendments
Then imp topic is amalgamation ch. , oppression and mismanagements, producer company, windingup
Mostly students are not to read allied law. Allied law is most imp.it covers 35 marks avg.
Director topic u all know that most imp also.
5 : advanced management accounting
MUST READ THEORY
Operational research Most probability 3 practical question asked in exam. It cover 21 marks then remaining theory marks cover
Costing is very long. In my last 2 attempt my weak point is costing but in this may 2014 attempt i done practice practice and finally i got 56 marks in costing.
We all known costing paper are very long so keep confidence in exam.
6: ISCA
Its my fav. Subject i got 59 marks in nov 2013 attempt and may 2014 i got 56 marks
Only read icai module and pm And most imp is tht rtp of last 3 attempt becz many question asking from rtp.
I know that from nov 2014 isca course changes. But i see that its easy and only 8 ch. Cover in syllabus
7 : Direct tax
Most imp Amendments cover 16 to 30 marks Companies and partnership practical question cover 16 marks.
In icai dt pm 6th nd 13th ch. Is imp for that question.
Wealth tax cover 10 marks Case law cover 16 marks.
Read from icai ca law book Tds and bpv chapter is imp Other imp topic Trust, slump sale, tp, dtaa, setoff nd cf
8 : indirect tax
From nov 2014 attempt service tax weight is 50 its most imp.
In idt my view is that Practical question cover 25 marks.total 5 question asking. Service tax 2 question Excise 2 question Custom 1 question
Most imp topic is case law 2 question are asking in exam each 15 marks cover For case law refer icai case law book.
Then amendments asking avg. 10 to 15 marks
Then excise custom theory question. Read whole service tax topic becz its cover 50 marks
Thanks you all. GUD LUCK FOR EXAM. FAITH IN GOD. BE CONFIDENCE ALWAYS KEEPS SMILE :)
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