LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

Urgent : financial reporting in 15 days

Sourabh (Student) (360 Points)

31 March 2015

Hello friends

I have exams in May.I have done all other subjects but havent even started Financial reporting or Accounting Standards.

I want to complete them in maximum 15 days

I know doing it fully is not possible,but please tell me which topics are most important.Which should be done first and which can be left for last?

Thanks

Reply
Follow
Share

5 Replies

MD. RAFI (Manager Accounts (future CA)) (670 Points)
Replied 31 March 2015

To complete FR in 15 days from zero is tough job. I don't want to discourage you, nothing is imposible! My suggestion is start from easy topic like value added statement, then valuation, share based payment, financial instrument, corporate restructruing, AS. If you may do this well in time then go for Consolodated Fin Statement.

Vivek Venkataram (Just cleared CS(441/800) now C.A Final Attempt in May 2015) (772 Points)
Replied 01 April 2015

As mr Rafi has said

Start with easy chapters . Try to consolidate your position.

Amalgamation, Valuation and standards is must to secure high marks. Can leave out consolidation if you havent done any of it before as it is time consuming. Amalgamation basics are done in ipcc.

best of luck. strive hard

1 Like

SARAVANAKUMAR (CA STUDENT) (40 Points)
Replied 01 April 2015

One more suggestion. Please make note of all the important steps in a seperate note book so that you can able to revise more than two times in the eve of the exam. And do all sums from icai material, practice manual and others. Ex: sh based payments there are 11 or 12 sums in material but only few extra sums in practice manual. All the best.