|Originally posted by : Enigmatic N
Dear CCI Fellows
My query is regarding preparation of CA Final Strategic Financial Management….
I have cleared my Second Group in May exams and left with First Group Now!!!!!
I haven’t attended any classes for any subject and I am facing difficulty preparing for SFM…
I am thinking to go for SD Bala and Prabhattiram latest edition book!!!!!!!
But have following queries:
1 . Is the Book enough ?? if not what extra do I need to study????
2. Does the Book covers theory???? If not what should I go for for that????
3. Will this book give me enough practice to give a good show in my examination…..
I would be thankful if students who have cleared the exams or who are confident in the subject help me regarding strategy for this subject !!!!
Dear Enigmatic, congrats 4 clearing grp 2. Now u r half CA..Superb..
Here are my answers..
1)No, it isnt enough. It does not cover theory well & does not have a large number of exam level problems(majority of the problems given in the book are too simple). So u have to refer an additional reference book+study module(I am not saying u read the module..u have to just go thru it quickly to ensure that everything is covered by the reference books) + practice manuals.
2)No(as mentioned above). U can use any book which covers theory well & has got a large number of problems. I use Paduka which apparently covers theory well(havent read theory from the book as I havent yet started with theory). The book is in Q & A format and has a lot of such Q & As in respect to theory under every chapter. It of course has a wide range of problems. But the basic problem with this book is that it does not give u any sort of conceptual clarity. Suppose u dont understand something by reading Pattabhiraman(which is very unlikely as u normally grasp things from Pattabhiraman), u cannot rely on Paduka to understand that particular part. So it shall be better if the additional reference book u r buying gives u conceptual clarity too(cant suggest u a book as I havent read any other book).
3)If u meant solving a large number of problems by 'practice', then again my answer is No. But Pattabhiraman will definitely help u in exam by making ur concepts strong. Simply by solving problems, u r not going to clear the exams with gud marks.
Pattabhiraman is a fantastic book & is an indispensable book 4 people doing self study. Its USP is the conceptual clarity it provides. So plss do buy this book. Along with it, buy another book which takes care of theory & problems. For further explanation regd Pattabhiraman, u may refer this link & read my reply there. /forum/book-for-sfm-pattabhi-ram-or-sridhar--117331.asp