CA Final Notes

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👊Rome wasn't built in a day -  As if Your CA Empire🏛️ Each 📖 Chapter is a 🧱 Brick, Lay Them Solidly for a 🏯 Glorious Future. 1️⃣ 🧱 Fundamental Fortitude: Master the basics; a sturdy foundation is key. 2️⃣ 📐 Structured Approach: Break down each chapter methodically, brick by brick. 3️⃣ ⚒️ Diligent Dedication: Lay each conceptual brick with unwavering commitment. 4️⃣ 🔭 Big-Picture Vision: Envision your grand CA empire as motivation. 5️⃣ 🚧 Strategic Planning: Construct a well-designed blueprint for your studies. 6️⃣ 🧭 Adaptive Mindset: Be flexible to integrate new learnings seamlessly. 7️⃣ 🔑 Conceptual Mastery: Unlock each chapter's depth for unshakable understanding. 8️⃣ 🛡️ Resilient Resolve: Fortify your mind against obstacles and setbacks. 9️⃣ 🌉 Bridge the Gap: Connect theories to real-world applications flawlessly. 😇Bonus words: Approach each chapter as a solid brick, meticulously laying the foundation for your grand CA empire, destined for a glorious future. 📍 For Daily dose of Motivation & More Amazing Exam Tips Join t.me/ICAIexamtips On Telegram

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💰The funds that almost nobody can invest in.📌 Norway does not have ATMs that give out gold. It is not famous for selling homes on man-made islands. It does not come to mind when we think of Rolls-Royce, sky-scrappers, or lavish people. All of those are associated with Middle Eastern countries – because they have oil. A less-known fact: Norway has lots of oil too. Anywhere between 40 and 70% of their exports are oil and gas. But this was not always the case. Towards the end of the 1950s, Norway was like any other European country. They were not poor. But they did not produce oil. And then, they found oil and gas – lots of it. By the 1970s, they were commercially extracting oil and gas. They began exporting it. And with that, the money started flowing in. The Norwegian government had structured their oil and gas exploration in a specific manner. Licenses were given to private companies to explore and dig. It was all done in a manner in which the government of Norway would earn profits. This allowed the Norwegian government to get a new source of income. Lots of income. This was a problem. Yes – a good problem. They knew that oil and gas would not last forever. Some day, it would finish. They would not be able to earn money from oil forever. Norwegians did not want to blow away all their money in the present. They wanted to save it so that future generations of Norwegians would benefit from it. They set up a fund. This fund would invest the money – just like a mutual fund. Thus, in 1990, the government set up the Government Pension Fund. In 1996, money was first deposited into the fund. Investment💵💴💶💷 Norway’s oil earnings are invested by the Government Pension Fund. They invest in stocks, bonds, and real estate. Just like a mutual fund, it has a team that decides where the money will be invested. There is a team that audits the fund. There is a team that researches new investments, and which holdings to sell off. And there is a person who heads this – like a fund manager. But there is one giant difference between a mutual fund and the Government Pension Fund. Anyone can invest in a mutual fund. The Government Pension Fund has only one investor – the Government of Norway. This fund is immensely successful. Today, it manages assets worth about $1.5 trillion – or $1,500 billion. This makes the Government Pension Fund the biggest fund of its kind in the world. To give you some context, India’s biggest mutual fund company (SBI Mutual Fund) manages assets worth $86 billion only. About 70% of the Government Pension Fund’s money is invested in shares of over 8,500 companies across 70+ countries. About $22 billion of this fund’s money is invested in India. Of the $1.5 trillion assets, only about half have come from direct contributions from oil profits. The rest is the return from investing. The fund is performing well. Last year, the fund made a gain of $213 billion. Sovereign Wealth Funds💸 These extra-large mutual funds that serve governments are called Sovereign Wealth Funds (SWFs). They usually have only one customer – their government. Norway’s sovereign wealth fund is just one such fund. It is indeed the world’s biggest SWF. But there are many others like it. Abu Dhabi Investment Authority is the biggest SWF in the Middle East with holdings of over $800 billion. China Investment Corporation reportedly has assets over $1.3 trillion. Kuwait Investment Authority has assets over $900 billion. Government Investment Corporation (GIC, Singapore) has assets over $700 billion. There are SWFs based in Saudi Arabia, Hong Kong, Oman, Alaska (USA), Dubai, Turkey, South Korea, and many more. Norway’s SWF is famous for being incredibly transparent. All details about its holdings are publicly available. Read more... 📍 For Daily dose of Motivation & More Amazing Exam Tips Join t.me/ICAIexamtips On Telegram

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✅Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing of various reports of audit for the Previous Year 2023-24, which was 30th September, 2024 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, to 07thOctober 2024. ✅Details available in CBDT Circular No. 10/2024 in 225/205/2024-ITA-II dated 29.09.2024 ◈◉◎┄┅══❂❣❂══┅┄◎​◉◈ ┍━━━━━═░★░═━━━━┑ ✪ ➻ https://t.me/canotes ℑoin us 🔜 ✪ ➻ t.me/canotes_ipcc ℑoin us 🔜 ✪ ➻ t.me/canotes_final ℑoin us 🔜 ✪➻ @canotes_foundation ┕━━━━━═░◈░═━━━━┙

Dear CA Students, Embarking on the journey to become a Chartered Accountant is not just about acquiring a professional qualification; it's a commitment to excellence, integrity, and continuous learning. As you navigate through the rigorous exams, countless hours of study, and practical experience, it's essential to keep your motivation burning bright. Remember, you are not merely pursuing a career; you are investing in your future and paving the way for boundless opportunities. Each lesson learned, each challenge overcome, brings you closer to your goal of becoming a trusted financial expert. In the face of adversity, when the workload seems overwhelming, or the exams appear insurmountable, it's crucial to remind yourself of your purpose. Visualize the impact you will make in the world as a Chartered Accountant – the businesses you will help thrive, the financial strategies you will craft, and the lives you will positively influence. Stay focused on your studies, but also remember to take care of yourself. Balance is key; ensure you allocate time for rest, relaxation, and rejuvenation. Surround yourself with a supportive network of peers, mentors, and loved ones who uplift and inspire you during challenging times. Embrace each setback as an opportunity for growth, for it is through adversity that we truly discover our strength and resilience. Celebrate your victories, no matter how small, and use them as fuel to propel you forward. Above all, never lose sight of your passion for accounting and your unwavering dedication to excellence. The road to becoming a Chartered Accountant may be long and arduous, but with perseverance, determination, and a relentless pursuit of your goals, success is inevitable. Believe in yourself, trust in your abilities, and never underestimate the power of your dreams. You have chosen a noble path, and the world awaits the exceptional contributions only you can bring. Keep pushing forward, for greatness lies ahead. 📍 For Daily dose of Motivation & More Amazing Exam Tips Join t.me/ICAIexamtips On Telegram

🚀  Start now before it's late 📢in 30 Days of Prep, she cracked her CA Final both groups Total Study Period: 30days study leave+ 1.5 last days before exams. CAmentoringprogram.org Her struggles : 5years of Struggle + Married + household work. Now she is a CA 🎓 WhatsApp: https://wa.me/918334866117 CAmentoringprogram.org for (CA Final | Inter Students.) Note : Even if you are zero then also it's possible to crack it (Join only if it's ur Do or Die situation/ if you don't have any option B)

CA Final Exams dates reschedule for November 2024 Exams ◈◉◎┄┅══❂❣❂══┅┄◎​◉◈ ┍━━━━━═░★░═━━━━┑ ✪ ➻ https://t.me/canotes ℑoin us 🔜 ✪ ➻ t.me/canotes_ipcc ℑoin us 🔜 ✪ ➻ t.me/canotes_final ℑoin us 🔜 ✪➻ @canotes_foundation ┕━━━━━═░◈░═━━━━┙