It is going to benefit most of us - pls freinds!!

Refer to Bala Post  

i would like to give my  views in prepartion for following subjects  : -

1) Cost Audit & Operational Audit 

Chp -1  Basic of Cost Audit - must through only inst't study material   

Chp -2 & 3  Cost Audit Report Rules & Cost Accounting Record Rules - As me refered to  "GUIDE TO  COST ACCOUNTING RECORD RULES & REPORT RULES"  BY TAXMANN  because it helps me to know recent changes happen in our profession  .  If a student doesn't want to purchase the books then he can download the Cost Audit  Report & Record Rules from our inst't website in a Gazzetted  format . 

Chp - 4 Cost Accounting Standards 1 to 14 - from Compedium & new CAS download from inst't Website.

** Imp. Note - student must must refer RTP of Dec 11 & June 12 for solving more & new question on Cost Audit Report  Rules & Record Rules & CAS. 

Operational Audit - Refer specially Scanner & inst't Study mat 

Numerical part  - Refer  Scanner 

Objecive part -  Refer Scanner

** Student should do RTP's  for new question on related topic. 

As i assumed that Every student has a understanding on which topic is most imp. & least imp. do thier studies accordingly  . A student should not leave Numerical & Objective part because it is easy to Score & less time consuming for studying . 

2) Advanced Financial Accounting

Chp 1 - Introduction to IAS, US GAAP , IND. AS - must through only inst't study material  (BECAUSE IT IS THEORY PORTION & SHOULD BE DONE FULLY ) 

  Chp 2 - Prepartion of Company Accounts contents -   Merger & Acquistion , Cross holding , Chain Holding , Internal Reconstruction , Reverse Merger , External Reconstruction , Surrender of Share , Demerger , Sale of Division , Buyback & Conversion   - inst't material & Compedium(Because in Compedium question covers from Chartered Acctancy syllabus & recently in exams question is asked from it  ) 

Chp 3  - Group Financial Statement - Holding Company &  Holding Co. with Cash Flows -  same as Chp -2 

AS - 1,2,3,4,5,6,9,10 - DS Rawat (because it explained in easy language & contain no. of good question & quality example ) must go through this AS because mostly asked in objective  & asked for 2-5 marks mostly.

AS - 7, 11,13,15,17,18,24,25 - DS Rawat (same Reason) Question asked for - 7-10 marks 

AS - 16,19,20,22,26,28,29, 30, 31 & 32 - most most imp. AS  asked surprisingly for any marks & always asked in paper (contain  minimum 20-35 marks of total paper) 

Chp 4 - Segment Reporting i.e AS - 17  - can go through the inst't material OR D.S. RAWAT(for more Numerical)

Chp 5 - Development in External Reporting contains - value Added, EVA, Human Resources, Environmental Accounting , Guidence Note on Accounting for Tax matters , Derivaitve . -  must through only inst't study material 

Chp 6 -  AS - 12(Goverment Accounting in India) - Inst't material (because it is theory portion) 

** IN ACCOUNTS - NO NEED TO GO THROUGH THE SCANNER(if you covered up all mentioned above) BUT ONE SHOULD GO THROUGH RTP'S.

I WOULD LIKE TO SAY THAT THIS IS MY PERCEPTION FOR PREPARTION FOR SUBJECTS & INDIVIDUALLY IT CAN BE DEVIATE . .. SO DON'T PANIC & JUST THINK FOR SUCCESS & GIVE YOUR BEST SHOT.... 

GOD BLESS YOU !!

THanks 

J_Laphadi

for cwa do full ca final sfm paper

it will help you in 2 to 3 paper

in paper 11 less topics are  study mat   but icwa ask different question

i advice all should do sfm full to complet icwa final in first attempt