CA FINAL UPDATES

Financial Reporting:

Allocate full 7 to 8 days for your Financial Reporting preparation. In this paper, the Institute has recently been including questions on smaller IND AS topics, so there's no specific ABC analysis to follow.

Your primary focus should be on key chapters such as IND AS 115, 116, BC, Consolidation, 102, and 109, which collectively carry a significant weightage of approximately 50 to 60 marks. 📊

Then focus on ind as 33,12,41 and asset based ind as like 16 36 38 40 105.

Also recently Institute is asking questions from ind as 108.

Dnt miss out on theory chapters as these chapters are very scoring in less time.

Then do the remaining chapters.

Make sure you're quick at solving problems because, even though the questions aren't super hard, they can take up a lot of time ⏱️.

If the Institute decides to make the paper difficult, it won't make it difficult, but it will make it lengthy.
Your speed will decide your completion of paper. 📝

Don't forget to complete the theoretical chapters.

While solving financial reporting try solving sums with your hand instead of just ticking the points.

Remember to stick to your study plan, and best of luck with your preparation!

IMP -  YOU STILL HAVE ENOUGH TIME TO SCORE EXEMPTION IN FR, SO DONT DOUBT YOURSELF ABOUT IT. JUST KEEP WORKING HARD.

For 8 days timetable join the telegram channel.
It will be uploaded tonight.

-CA RAJ BADIYANI
https://t.me/CARajbadiyani

-CA RAJ BADIYANI

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How to study audit effectively

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Mock Test Paper Series I Nov 2024 👇
FR QP              FR ANS
AFM QP          AFM ANS
AUDIT QP      AUDIT ANS
DT QP             DT ANS
IDT QP            IDT ANS
IBS QP            IBS ANS

Mock Test Paper Series II NOV 2024 👇
FR QP              FR ANS
AFM QP          AFM ANS
AUDIT QP      AUDIT ANS
DT QP             DT ANS
IDT QP            IDT ANS   Corrigendum
IBS QP            IBS ANS

Mock test paper Series for I May 2024👇
FR QP           FR ANS
AFM QP       AFM ANS      Corrigendum
AUDIT QP    AUDIT ANS
DT QP           DT ANS
IDT QP          IDT ANS
IBS QP          IBS ANS

Mock Test Paper Series II May 2024👇
FR QP              FR ANS
AFM QP          AFM ANS
AUDIT QP       AUDIT ANS
DT QP              DT ANS
IDT QP             IDT ANS
IBS QP             IBS ANS

Mock Test Paper Series I Nov 2023 👇
FR QP               FR ANS
SFM QP            SFM ANS
AUDIT QP        AUDIT ANS
DT QP               DT ANS
IDT QP              IDT ANS

Mock Test Paper Series II Nov 2023 👇
FR QP               FR ANS
SFM QP            SFM ANS
AUDIT QP        AUDIT ANS
DT QP               DT ANS
IDT QP              IDT ANS

Mock Test Paper Series I May 2023 👇
FR QP      FR ANS
SFM QP  SFM ANS 
AUDIT QP AUDIT ANS    Corrigendum
DT QP    DT ANS
IDT QP IDT ANS

Mock Test Paper Series II May 2023 👇
FR QP      FR ANS
SFM QP    SFM ANS
AUDIT QP  AUDIT ANS
DT QP         DT ANS
IDT QP       IDT ANS

Do not hav confidence in audit?🥺

Last few days remaining  and not sure about audit.😱

Here is the revision plan to clear the audit paper😊

1.Digital audit and emerging areas (10 marks) 💯
Prepare thoroughly as direct questions are possible,
So u can score good marks here.

2.Professional Ethics (around 15 to 20 marks):
Dedicate 100% effort to this section as it carries significant weight. Easy scoring is possible here.
High chances that 1 quesiton will be asked on professional ethics from q2 to q6. So atleast 4 questions will appear in paper.

3. Bank and NBFC, PSU Audit, Due Diligence Investigation, Forensic, Internal audit and Group Audit:(15-19 marks)
Go through the concepts and
Do module questions and
recent 3 YEARS RTP MTP AND PYQ
Direct questions are possible, so
Dnt leave it for option❌ as these questions are direct and scoring.
If not done till nw then atleast do Q and A, PYQ, MTP, RTP


4.Standards,SRE,SAE, CARO(50 marks):
Imp Standards SA220, SQC1, 240, 250,260,  265, 299, 315, 320, 330, 402, 505, 520, 530, 540, 550, 560, 570, 610, 620, 701, 705, 706, 800, 810.
While doing 700 series also complete CARO so u would have clear  idea about the reporting part.
If you haven't covered SAs yet or have left any SAs in option,then focus on Q&A from modules and
recent 3 years RTP, PYQ, and MTP.(It has very few questions bt there are chances of question appearing in paper)
Remember dnt leave any SA in option  even if it is C category. It covers the highest weightage of 50 marks.


Remember to allocate time wisely🕐 based on the marks allocation and complexity of each topic.
Good luck with your audit paper!
-CA Raj Badiyani
Tension mat lo, mein tumhare saath hu.

https://t.me/CARajbadiyani