Greeting of the day CA Aspirants !!
Hope you all are in a good health.
In this article, I will be sharing tips and relevant links for the preparation of the Financial reporting subject for the new syllabus.
As you know Group 1 consists of four subjects. Financial reporting is paper 1 in group 1.
If you have gone thru the interview of the rank holders, they have focussed more on Institute material namely RTP, MTP, Practice Manual, and Study Material.
Also read: CA FINAL NEW COURSE SYLLABUS - GROUP 1 and GROUP 2
Table of contents 👀
- Relevant RTP and MTP
- Suggested Answers by ICAI for Financial Reporting
- Practice Manual and Study Material
- Amendments
- Strategy for preparation
- Timetable
- Revision
✔Relevant RTP and MTP
Relevant RTP and MTP for Financial Reporting for CA Final New course syllabus applicable will be for MAY 2021.
✔Suggested Answers by ICAI for Financial Reporting
Suggested answers as the name depict, lay emphasis on what contents and presentation skills are expected by the ICAI from the students at the CA final level. So, it should on the must-go thru checklist for all the CA students.
| Sug Ans Jan 21 | Sug Ans Nov 20 | Sug Ans Nov 19 |
| Sug Ans May 19 | Sug Ans Nov 18 |
✔Study Material
It will be better if you study from ICAI study material but nowadays teachers incorporate Study Material questions in their books.
Find here 👉 Study Material applicable for the upcoming exams
✔Amendments
Amendments are applicable for Financial Reporting for the CA Final New Course syllabus.
Find here: Amendments videos for FR-new syllabus
Also, Read: SFM- CA FINAL NEW SYLLABUS
✔Strategy for preparation
Now you got the material for preparation, and know what to study still you all will struggle to find the topic from where to commence the studies.
Don't worry, Ca Atul Aggarwal's youtube videos have answers to all your queries.
He has simply divided the whole syllabus of CA final financial reporting into 3 categories namely A, B, C.
Though you need to complete the whole syllabus if you are aiming for an exemption.
But God forbids if time runouts then focus on A and B categories. You will fetch good marks too.
Also, Read: ADVANCED AUDITING - CA FINAL NEW SYLLABUS
✔Timetable
A timetable is a must to keep a track of your daily study routine. Make room for studies as well as revision. If you are struggling to make a timetable for yourself then you can take help from CA teachers. Youtube has videos full of teachers suggesting timetables.
But my personal favorite is of CA Arihant Timetable. He has made the timetable in such a way that it has assigned time for both groups and days for their revision.
You will definitely love it.
Also Read: LAW- CA FINAL NEW SYLLABUS
✔Revision
Revision to be done at a regular interval of time. More precisely 2-3 times revision will be good. It will boost your confidence. ICAI has published a referencer for quick revision.
It will be helpful for you.
Find here 👉 referencer for quick revision
Hope you like this article. Do let me know if you have any queries.
I will be posting for other subjects. So keep a check.
0 Comments