Manager - Finance & Accounts
58312 Points
Joined June 2010
Hey Ram Kumar! Totally get the pressure when time is short, especially for CA Final Group 2 with those heavy subjects. Here’s a quick guide to pick study materials that can help you maximize your prep for May 2022:
1. Direct Taxes
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Quick Recommendation:
Vishal Bhatt or CA Raj K Agrawal notes are very popular for concise and to-the-point theory and practical questions.
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Why? These materials summarize the complex topics well and focus on important amendments and practical problems.
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Also, the Income Tax Ready Reckoner by CA Raj K Agrawal is handy for quick revisions.
2. Indirect Taxes (GST & Customs)
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Quick Recommendation:
CA Bhanwar Borana or CA V S Datey study materials or revision notes.
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They cover GST concepts clearly and provide a lot of practice problems with answers.
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Alternatively, CA Rachana Ranade’s videos and notes (available on YouTube and other platforms) are well-structured and easy to grasp for last-minute prep.
3. Strategic Cost Management and Performance Evaluation (SCMPE)
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Quick Recommendation:
CA Rajesh Agarwal or CA Pankaj Garg notes are known for clarity and focus on exam-oriented topics.
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These notes simplify concepts and case studies, which is crucial for the SCMPE paper.
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Also, practice past exam case studies thoroughly.
General Tips:
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Revision Kits:
Use ICAI’s Revision Test Papers and RTPs to get familiar with the latest exam pattern and questions.
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Mock Tests:
Attempt at least 2-3 full-length mock tests per subject in the last month.
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Videos:
Consider supplementing reading with video lectures from reputed teachers (CA Rachana Ranade, CA Vipul Shah, CA N Raja Natarajan, etc.) for difficult topics.
Why skip Institute material?
ICAI material is comprehensive but can be lengthy and time-consuming if you’re short on time. Coaching notes and concise materials focus on “must-know” areas, which helps in quick preparation.