CA Final Nov 2017 Study Plan

CA Final Nov 2017 Study Plan

CA Final exams ofNov 2017 are coming closer. So we have sufficient time for exam preparation. ICAI alreadydeclared CA Final results. Last to last attempt (Nov 2016) ICAI declared verylow pass percentagethat means we have to do morehard work. Our preparationtime tableshould be started from 1stAugust 2017. Here we have almost 3 months for preparation.If you follow given study plan, damn sure you can get 60 + marks in each and every paper.

Here I’m giving study plan for 3 months. We can definitely complete our preparation in 3 months very easily. In this 3 months preparation you have to do 3 times of revision for CA Final exams. Below I am givingthe studyplan for CA Final exams preparation.

Preparing For Examinations

1. A student is required to prepare thoroughly for examinations well in advance and to devote at least two hours daily for studies while undergoing Articled Training.

2. During leave period at least 14 to 16 hours’hard workis required.

3. Avoid mobiles, internet and television as far as possible.

4. Students must study from study material and do practice from practice manual. Wherever a particular topic or point is not clear, a student may refer to a standard text/reference book.

5. Students should refer suggested answers of questions set in last five/six examinations and RevisionTest Papers. It is strongly recommended to solve the questions first without referring to solutions and then comparing the answers with the solutions given. Such an approach would help in knowing point of mistake and presentation pattern of an answer.

6. In law papers,Section andits provision is to be given correctly. If a student is not sure aboutthe Sectionnumber then he should not quote the same.

How to utilize time during leave period

Get up early in themorning at 4 AM. Be ready by 5 AM. This period (4.00 AM to 6.00 AM) is called ‘Brahma Murat’and studies done during this period cannot beforgotteni.e. they remain in

memoryfor long.

5 AM. To 7.00 AM / Read Theory
7 AM. to 7.30 AM. / Breakfast Time
7.30 AM to 10.30 AM / Read theory – mind is always fresh in the morning
10.30 AM to 11.00 AM / Relaxation Time
11.00 AM to 1 PM. / Do/solve practical problems.
1 PM to 2 PM / Lunch Time
2 PM to 3 PM / May take short sleep
3 PM to 5 PM / Do/solve practical problems.
5 PM to 5.30 PM / Have a break.
5.30 PM to 8 PM / Read theory.
8 PM to 9 PM / Dinner Time
9 PM to 10 PM / May go for outing – watch T.V
10 PM to 12 PM / Do/solve practical problems
12 PM to 4 AM / Have sleep
Reading TimeEating TimeRelaxation Time

Study plan for CA Final– 1st Revision

1stRevision

No. of days = 60 days

Daily preparation hours = (13+1) = 14 hrs.

Subject / Daily preparation time for each paper / Total hrs.
Refer previous day’s revision
(in early morning ) / ½ hr x 60 days / 30 hrs.
Financial Reporting / 2 hr x 60 days / 120 hrs.
Strategic Financial Management / 2 hr x 60 days / 120 hrs.
Advanced Auditing and Professional Ethics / 1 hr x 60 days / 60 hrs.
Corporate and Allied Laws
Section A: Company Law
Section B : Allied Laws / 2 hr x 60 days / 120 hrs.
Advanced Management Accounting / 2 hr x 60 days / 120 hrs.
Information Systems Control and Audit / 1 hr x 60 days / 60 hrs.
Direct Tax Laws / 2 hr x 60 days / 120 hrs.
Indirect Tax Laws
Section A: Central Excise
Section B : Service Tax & VAT
Section C : Customs / 1 hr x 60 days / 60 hrs.
Once again refer that full day’s revision
(Before goingto bed) / ½hr x 60 days / 230 hrs.
Total / 14 hrs. x 60 days / 840 hrs.

You have to complete your 1strevision in first 60 days and also you have to complete fullsyllabusof CA Final in your study material in this period.

Here study material means yourown class notes/tutorials own material or any preferred publishers publication. Even you can prepare both CA Final study material and practice manual of ICAI.

Study plan for CA Final -2ndRevision

2ndRevision

No. of days = 15 days

Daily preparation hours = (13+1) = 14 hrs.

Subject / Daily preparation time for each paper / Total hrs.
Refer previous day’s revision
(in early morning ) / ½ hr x 15 days / 7.30 hrs.
Financial Reporting / 2 hr x 15 days / 30 hrs.
Strategic Financial Management / 2 hr x 15 days / 30 hrs.
Advanced Auditing and Professional Ethics / 1 hr x 15 days / 30 hrs.
Corporate and Allied Laws
Section A: Company Law
Section B : Allied Laws / 2 hr x 15 days / 45 hrs.
Advanced Management Accounting / 2 hr x 15 days / 15 hrs.
Information Systems Control and Audit / 1 hr x 15 days / 15 hrs.
Direct Tax Laws / 2 hr x 15 days / 15 hrs.
Indirect Tax Laws
Section A: Central Excise
Section B : Service Tax & VAT
Section C : Customs / 1 hr x 15 days / 15 hrs.
Once again refer that full day’s revision
(Before goingto bed) / ½hr x 15 days / 7.30 hrs.
Total / 14 hrs. x 15 days / 210 hrs.

You have to complete your 2ndrevision in next 15 days and once again you have to complete full revision of your study material which is you prepared in 1strevision. But this time you should prepare both CA Final study material and practice manual of ICAI.

Note : preparation of ICAI’s study material and practice manual is must and should. So you should do this in 2ndrevision.

3rdRevision

No. of days = 15 days

In this 3rdrevision there is no particulartime table. Just concentrate on your weak areas of subjects. Once again revise all subjects which were you completed in last 2 months(1stand 2ndrevisions). This time also prepare previous years papers, mocktest papers, RTP’s and othermodel paperswhich are you have.

Best of luck for your exams!!!

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