Which is the best reference book for F.R?
Hi Samkit, Best reference book for Financial Reporting Paper is :- 1. ICAI Study material and for practice ICAI Practice Manual, RTP & Mock test papers, 2. Padhuka 3. CA Parveen Sharma Sir "Financial Reporting" & 4. CA D.S. Rawat Sir book for Accounting Standards. All the best for your Exams. Thanks Pankaj
Hi Samkit, I have cleared my CA finals in May 2011. During my study time, even I used to get in myself on this confusion i.e. which books I should follow to study, what methodology should I follow. Several books are available in the market for CA final accounts. You would also get numerous videos on you tubes and else where. After various thinking and experience, I came to conclusion that good ways to learn CA Final - FR (formerly knows as accounts at our tym) are as follows: First, Study from reference book which is in Q & ans format. Q&A format books gives you the idea of the expected types of questions and the probable answers with reference to the sections/guidance available etc. you can refer books available from Paduka on Accounts for instance. Second, solve practical questions for accounting standards, Third watch and study accounting standards from videos - Watch sample videos first, then only opt for the best one. Praveen Sir's videos are good, however, it would be beneficial if you have his study material available with you My personal choice based on my personal experience would be Paduka You can buy the books/videos from cakart also, use my reference code CAKARTAMB1671700 at the time of payment and get 6% discount . Share my code to your friends too. Happy learning, Regards,
1. Best Reference book for FR is Padhuka's. Because it has all past examination questions and all topics questions and also sufficient and easy methodology. This book U can also use even if U r doing self study. 2. If U r having time and willing then U can attend CA PRAVEEN SHARMAS lecture, It is available at CAKART.IN. Check this-[CA PRAVEEN SHARMA VIDEO LECTURE] 3. U can also refer to CA RAHUL MALKAN's notes and lectures. His notes are easy to catch up for self study. U can use my ambassdor code "CAKARTAMB1671654" to get discounts for purchasing any books or videos at CAKART.IN https://www.cakart.in/courses/parveen-sharmas-ca-final-fr-and-as-video-lecture
**The best reference book for Financial Reporting (F.R. )** in order of preference, first should be ICAI study material because it aware us with regard to syllabus coverage , next should be a self study book for which you can refer M.P. Vijay Kumar which is also recommended by ICAI , Infact in May 2014 attempt 16 marks question came directly from this book and for Accounting Standard you should go for D.S. RAWAT . **Note :** Praveen Sharma book is good only when you are taking class from praveen sharma sir Once you get thorough with the subject by above referred book , start solving ICAI Practice Manual Questions and also make sure you have solved atleast last 20 years questions .