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Top 5 CA Final Exam Preparation Tips

by Sudhir Surwase 24 Nov 2023

CA Final Exam Preparation: The CA Final is the last stoppage in the journey of the student who aspires to become a successful Chartered Accountant. In a nutshell, there are three levels of the CA examination i.e. Foundation, Inter and Final. With the levels, the difficulty level of the examination also increases. CA Final is sought to be the toughest level of the whole CA exam. Thus, the candidates must follow a successful CA Final Exam Preparation strategy.

Well, it is not so easy to clear the CA Final as it appears. It is often seen that a lot of students topple in this stage owing to lack of CA Final Exam Preparation guide. The candidates have tackled the examination strategically so that they are well prepared for the CA final examination in 2021. It is important to incorporate all the elements viz books, test series and self-study together for a successful CA Final Exam Preparation.

BuyTestSeries knows the importance of all of these things for clearing the CA Final exam. Hence, we reach out to the most well-known educators and faculties. These educators are guiding CA aspirants and they are very well versed with the whole stigma behind the CA Final exam. Apart from this, they also spilled a lot of beans on the CA Final Exam Preparation tips, tricks and strategy in this article

CA Final Exam Preparation: Important Resources

The candidates who are preparing for the CA Final examination can follow the following resources for the CA Final Exam Preparation:

Best Books for CA Final Exam Preparation

The candidates can check the name of the important books in the table given below:

Subject Name Books for CA Final Exam Preparation
Financial Reporting Scanner CA Final Group-1 (Paper-1) Financial Reporting Regular Edition. 
  Commercials IND AS Made Easy Book for CA Final (New Syllabus) by Ravi Kant Miriyala & Sunitanjani Miriyala.
Strategic Financial Management CA Final New Syllabus SFM Summary Chart & Formula Book by CA Vinod Kumar Agarwal. 
  Taxmann Cracker – Strategic Financial Management Book for CA Final (New Syllabus) by CA (Dr) KM Bansal, CA Anjali Agarwal. 
Advanced Auditing and Professional Ethics CA Final New Syllabus Advanced Auditing & Professional Ethics (Module 1 + Module 2) Books by CA Aarti Lahoti
  CA Final New Syllabus Advanced Auditing & Professional Ethics Module 3 MCQs Compiler Book by CA Aarti Lahoti
  Taxmann Cracker – Advanced Auditing & Professional Ethics Book for CA Final (New Syllabus) by Pankaj Garg
Corporate and Economic Laws CA Final Company Law & Allied/Economic Laws (Volume 1 to 4) Books by CA Arpita S Tulsyan
  Bestwords A Handbook on Corporate & Economic Laws for CA Final New Syllabus by CA CS Munish Bhandari
  Commercial Corporate Law & Allied/Economic Laws MCQs Book for CA Final (Old & New Syllabus) by CA Abhishek Bansal
Strategic Cost Management and Performance Evaluation Commercial Students Handbook on Strategic Cost Management & Performance Evaluation for CA Final (New Syllabus) by CA B Saravana Prasath
  Scanner CA Final (New Syllabus) Group-2 (Paper-5) Strategic Cost Management and Performance Evaluation Fast Track Edition. 
Risk Management CA Final New Syllabus Risk Management (Elective Paper 6A) Book by CA Vinod Kumar Agarwal. 
  CA Final New Syllabus Risk Management Elective Paper 6A (Volume 1 & 2) Books by CA Gaurav Jainn. 
Financial Services and Capital Markets CA Final New Syllabus FSCM (Elective Paper 6B) Book by CA Vinod Kumar Agarwal
  CA Final New Syllabus FSCM (Elective Paper 6B) Concept Booklet (Volume 1) by CA Gaurav Jainn. 
International Taxation CA Final New Syllabus International Taxation (Elective Paper-6C) Book by CA Vijay Sarda. 
Economic Laws CA Final New Syllabus Economic Laws (Elective Paper 6D) Case Studies Book by CA AKS Krishnan. 
Global Financial Reporting Standards CA Final New Syllabus GFRS (Elective Paper 6E) Book by CA Vinod Kumar Agarwal. 
Direct Tax Laws and International Taxation CA Final Direct Tax Q & A Compiler Book by CA Bhanwar Borana
  Aadhyas Comprehensive Guide to Direct Tax Laws & International Taxation Book for CA Final, CMA, CS (Old & New Syllabus) by Dr Vandana Bangar, Dr Yogendra Bangar for Jan Attempt. 
Indirect Tax Laws Aadhyas Comprehensive Guide to Indirect Tax Laws Book for CA Final, CMA, CS (Old & New Syllabus) by Yogendra Bangar, Vandana Bangar. 
  CA Final IDT Super 35 Books Set by CA Vishal Bhattad

 

Best Test Series for CA Final Exam Preparation

The name of the test series important for the CA Final Exam Preparation are as follows:

Subject Name Test Series for CA Final Exam Preparation
Financial Reporting CA Final (New Syllabus) Premium Program Financial Reporting Full Syllabus Test Series – 2 Papers
Strategic Financial Management https://www.buytestseries.com/TestSeries/CA-Final-New-Syllabus-Standard-Program-Startegic-Financial-Management-Full-Syllabus-Test-Series-Two-Papers
  CA Final New Syllabus SFM 80-100 Pattern Test Series (Self Checking, PDF)
Advanced Auditing and Professional Ethics CA Final (New Syllabus) Premium Plus Program Advanced Auditing & Professional Ethics Full Syllabus Test Series – 2 Papers
  CA Final New Syllabus Audit 80-100 Pattern Test Series (Self Checking, PDF)
Corporate and Economic Laws CA Final (New Syllabus) Standard Program Corporate & Economic Laws Full Syllabus Test Series – 2 Papers
Strategic Cost Management and Performance Evaluation CA Final (New Syllabus) Premium Plus Program Strategic Cost Management & Performance Evaluation Full Syllabus Test Series – 2 Papers
  CA Final New Syllabus SCM & PE 50-75-100 Pattern Test Series (Self Checking, PDF)
Direct Tax Laws CA Final New Syllabus Direct Tax 50-75-100 Pattern Test Series (Self Checking, PDF)
Indirect Tax Laws CA Final New Syllabus Indirect Tax 50-75-100 Pattern Test Series (Self Checking, PDF)
Risk Management CA Final New Syllabus Paper 6A – Risk Management Test Series (2 Tests, Self Checking, PDF)
Financial Services and Capital Markets CA Final (New Syllabus) Premium Plus Program Financial Services & Capital Markets Full Syllabus Test Series – 2 Papers
International Taxation CA Final (New Syllabus) Premium Program International Taxation Full Syllabus Test Series – 2 Papers
Economic Laws CA Final (New Syllabus) Premium Program Economic Laws Full Syllabus Test Series – 2 Papers
Group 1 & Group 2  CA Final Group 1 and CA Final Group 2 Test Series

Best Online Classes for CA Final Exam Preparation

Online classes act as a boon for the CA Final students. There are a lot of coaching that have moved online for CA Final Exam Preparation. They are providing their valuable services during these tough times. The candidates can check the best Coaching classes from the list below:

Package Name Link
CA Final IDT Online Classes by Mohd Rafi (Download) Click Here
CA Final New Syllabus Economic Laws (Elective Paper 6D) Online Classes by CA AKS Krishnan (Download) Click Here
CA Final Advanced Auditing & Professional Ethics Online Classes by CA AKS Krishnan (Download) Click Here
CA Final New Syllabus Corporate & Economic Laws Online Classes by CA AKS Krishnan (Download) Click Here
CA Final New Syllabus Corporate & Economic Laws Online Classes by Amit Bachhawat (Download) Click Here

Top 5 CA Final Exam Preparation Tips

CA Final Exam Preparation Tips

CA Final 2021 examination is the toughest amongst all its counterpart i.e. foundation and Inter. However, with a correct approach and CA Final Exam Preparation guide it is not impossible to crack the examination. This has been proven a lot of times when strategy helped the candidate in cracking the CA Inter examination. Therefore, the candidate should follow their instincts and device proper planning for the CA Final Exam Preparation.

In the space below, a few quick tips will help you in easing out the pressure and stress related to the CA Final Exam Preparation.

Practice Regularly– Practice is the most important factor that writes the success story of the CA Final exam. In the previous year papers of CA Final examination, it is seen that the questions asked are indirect and calculative.

This usually shakes the confidence level of the student appearing. Hence students must be accustomed to a lot of practice. Well, in that case, previous year papers and question bank also proves an added advantage.

In fact, according to CA Ajay Rathi, “One important thing to do for CA Final is before any practice you must revise all concepts and the doubts dictionary you made with each chapter. Out of 10, you must revise 6 questions at-least on the calculator and one in writing with the max presentation”.

Revision Before Exams – If you skip revision you will ruin your chances of clearing the CA Final Exam Preparation. Just like the practice, the candidates should also make a planned strategy for the revision of concepts as well. The candidates should try to memorize and revise every concept which they are skeptical. Although, the syllabus of CA Final is very vast if the candidate incorporates proper strategy then he can easily crack the exam.

Talking of the same, CA Amit Bachhawat says, “Revision is the most important factor for acing the CA Final Exam Preparation. This is because revision helps a student in revisiting the important points and concepts which the student has studied earlier. Also, a proper revision identifies and bridges the gaps between memorizing and learning. In addition to that, the revision also helps in drawing out the comparison between the actual answer and the answer written by the student in the absence of a proper revision.

Taking Mock Tests for CA Final Exam Preparation – Mock Tests are the third important arm of the CA Final Exam Preparation. The mock tests are just like an examination before the actual examination. The candidates can attempt the mock test to get an actual picture of whatever he has learnt in the entire learning process.

According to CA Amit Bachhawat, “I feel all mock tests are very relevant for the CA Final Exam Preparation. However, we can see the past paper pattern as per the direction of the teachers during the lecture. Core fundamental topics should not be missed at any cost”.

Handwritten Notes – An important factor that a student should not miss at any cost is the notes. Notes are the most crucial thing that aids the CA Final Exam Preparation. Although there are a lot of benefits associated with the preparation of short notes. Nevertheless, these are most useful while having a quick revision and retaining something important for the long run.

In the words of CA Ajay Rathi, “the candidate should take a pencil and pin its nib with each line. Post the reading part they can mark important lines and also make a chart of chapters and attach with each chapter”.

While according to CA Rafi, “Proper and well-planned revision reduces tension, improve confidence, more time for revision, easy to remember provisions and so on”

Social Media Distancing – Social media today is just like that sword that has a sharp edge on both sides. In one way, it is the latest way to deal with studies, learning. While in the other way it is the biggest threat to a student who is following the CA Final Exam Preparation routine. One thing that the candidate preparing for the CA Final can do here is that they can limit the social media usage for every day. In this way, they can entertain themselves but in a controlled manner.

In the opinion of CA Ajay Rathi, “The candidate should enjoy music after every two hours with 5 min musical break”. While CA Amit Bachhawat has a different opinion he says, “The candidate can watch television for 20-30 mins even 15 days before the exam to ease out his pressure. This is because if the candidate indulges into too much of studies under pressure then in that case stress will ruin his chances to ace the CA Final Exam Preparation”.

CA Final is considered one of the toughest milestone in the journey called Chartered Accountancy. However, if a candidate follows effective CA Final Exam Preparation strategy and quick tip he can surely win this battle. Just remember if you lose then it will be working on the same thing again. While if you win, you will become a successful Chartered Accountant.

To know more on exam preparations and the latest updates, Stay Tuned to BuyTestSeries. To start your preparation today, visit BuyTestSeries.com or contact us at – +91-8149569442 | +91- 9096698388 | +91- 9168934189.

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