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Friday, 18 July 2014

CA IPCC/FINAL 3 MONTHS REVISION SCHEDULE

A Final exams of November 2014 are coming closer Our preparation time table should be started from 1st August 2014. 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.
Suggested study plan for CA Final May 2014
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 given the study plan 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 work is 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 Revision Test 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 and its provision is to be given correctly. If a student is not sure about the Section number then he should not quote the same.
How to utilize time during leave period
Get up early in the morning 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 be forgotten i.e. they remain in memory for 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


1st Revision
t
   
Daily preparation time for each paper
   
Total hrs.½ hr x 60 days

Refer previous day’s revision
(in early morning )
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 going to bed )
   
½  hr x 60 days
   
230 hrs.
Total
   
14 hrs. x 60 days
   
840 hrs.
You have to complete your 1st revision in first 60 days and also you have to complete full syllabus of CA Final in your study material in this period.
Here study material means your own 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 November 2014  - 2nd Revision
2nd Revision
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 going to bed )
   
½  hr x 15 days
   
7.30 hrs.
Total
   
14 hrs. x 15 days
   
210 hrs.
You have to complete your 2nd revision in next 15 days and once again you have to complete full revision of your study material which is you prepared in 1st revision. 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 2nd revision.
3rd Revision
No. of days = 15 days

In this 3rd revision there is no particular time table. Just concentrate on your weak areas of subjects. Once again revise all subjects which were you completed in last 2 months(1st and 2nd revisions). This time also prepare previous years papers, mock test papers, RTP’s and other model papers which are you have.
That’s it guys…! All the Best..!




REGARDS










HIMANSHU PUROHIT

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