CA Demystified

What to do after exams but before the result! The key to utilise your time effectively! Exams are over and now this time before result is not just for timepass. One important reason of repeated failure is total ignorance of this time! There is saying you have 100 problems but if you have health issues, you have only one problem! Often during studies we neglecte our health so after exams primary target should be to improve it. Invest time in learning about health and actually dedicating time on it. I can list out few resources which will help you in learning this! Let me know ( by commenting or reacting) if you need those like few YT channels and website who don't spread misinformation! If got sufficient response will list out!

Best Resources to Learn About the Stock Market Many individuals are eager to learn about the stock market during their free time. Based on my personal experience, I am sharing some of the best resources for learning about it. Ways to Invest in the Stock Market Before diving in, understand that there are two primary ways to invest in the stock market: 1. Directly Investing in Companies' Shares - High risk, high return. 2. Investing via Mutual Funds - Moderately high risk, moderately high return (depending on the category of mutual funds). Mutual funds allow you to invest in other asset classes beyond just shares. Avoid Paid Courses - You do not need to purchase any paid courses on the stock market. Please do not waste your money. Recommended Resources 1. Varsity by Zerodha https://zerodha.com/varsity/ This free and comprehensive course on the stock market provides an excellent understanding, covering everything from basics to advanced topics. 2. Book: How to Avoid Loss and Earn Consistently in the Stock Market by Prasenjit Paul Buy on Amazon https://amzn.to/3AETlCG I have read this book thoroughly, and it is a valuable resource. It teaches you how to avoid being deceived in the stock market and is particularly beneficial for CA professionals, as it provides practical insights into using financial ratios like the PE ratio. P.S.: The author has recently published a new book. Check that out as well. Additionally, he frequently uploads informative videos on his YouTube channel. 3. YouTube Channel: The Valuation School What this channel offers: Complete Mutual Fund Course: Essential for long-term financial planning. Link of MF course - https://youtube.com/playlist?list=PL3uUjzLk6Puky6IlCLShDJK4nSFYII5Xx&si=C_atFiwHNF0tOkl6 Financial Modeling Course: Helps in valuing shares. NISM Course on Equity Research Analysis: A very useful resource. Investment Banking Course and Other Finance Topics: Covers a wide range of finance-related subjects. Best regards, CA Uttam Kalika

Interested in some share market and mutual fund learning resources? Let me know I will post. It is important to keep your mind engage in upgrading yourself!

Many students whose attempt is due in May-25 or later are in process of finalising and buying classes. So this is comprehensive guidance for you guys before making this important decision! Don't forget to give a 👍 if you like this! 👇👇 https://www.linkedin.com/posts/ca-uttam-kalika_ca-charteredaccountant-cafinal-activity-6957983347402813440-7BzM?utm_source=linkedin_share&utm_medium=android_app I am sharing these again as it is one of most vital decision of your CA and any mistake here can affect ur preparation in bad way! Always free to dm for any help @bruce_wayne07

examfeedback@icai.in Regards CA Demystified

If your both group is pending for upcoming exams. Instead of thinking just G1 always plan both group It is tough to handle IBS paper after clearing G1! You will have additional pressure to give time to G1 subjects. There is no guarantee in IBS they will ask repeated sums.. They can always frame new sums and your conceptual clarity and subject knowledge only can save you at that time. Getting repeated sum is just bonus. Even in that case finding them is tough! If someone already went through them they may still do it more quickly. Regards CA Demystified

I believe I can ask paper review for this paper atleast 😬.. How was your IBS paper.. Feel free to add about other papers as well

Dear Members, *One vote can change the course of the ICAI*– don’t forget to change in pooling booth if you are out of city on voting days Last date for *outside Regional Constituency* 14 November *within* 21 November Link for change :- https://changebooth.icai.org/ ▶️ *Find Your Polling Booth:* knowyourbooth.icai.org If any of your known is eligible you can forward this message to them. Why it is important - I know some candidates who always helped you guys via me whenever students and members approached me. It is important for you to participate in this process! I will reveal my recommendations within due time!

Mock Test Papers May-24 Exams Series I & II Answer pdf is uploaded immediately after question pdf. We are linking question pdf only Click on subject name to download the files Series I. Series II FR FR AFM AFM Audit Audit DT DT IDT IDT IBS IBS Regards CA Demystified Join us 👉 @cafinal7

In IBS three types of questions they can ask 1. From past paper 6F and all case studies they published 2. From other subjects regular questions like study material, past paper etc. 3. Framing new questions Last time they did 2nd mostly, this time they should do either one of these or most likely combination of these. If they frame questions as per 1st your IBS compiler would be handy, for 2nd study material or question bank. For 3rd your grip on subject! Now atleast you should practice few case studies that how you will find questions to prepare for 1st and 2nd. Go through your indexes also. Also, they can modify questions little bit like changing figures asking something addition, altering some detail. Don't blindly copy paste. Regards CA Demystified

IBS is last paper! The feeling of freedom leads to little procrastination I believe many of you didn't slept properly so better have 7-7.5 hrs good sleep today. Buckle up for last paper 💫

Today is IDT, it used to be last paper but IBS stole that now! Just one thing focus on what you know and give maximum working notes but take care of time. Use our 3 hours attempt strategy.. Best of luck 🤞

This issue seems quite persistent! Students often realize that their Paper A (whether it’s Financial Reporting, Advanced Financial Management, Direct Taxation, etc.) didn’t go well, only after they’ve spent valuable time searching for answers. With the provision of MCQ sheets, this has become easier and, unfortunately, even more tempting. Consequently, they become anxious and end up not studying effectively for the remaining time due to stress. However, many times, when the results are out, they find that they managed to score passing marks in Paper A, despite the initial setback. Even if the paper didn’t go as planned, scoring in the 40-50 range is often achievable. Meanwhile, Paper B could have potentially earned them a few additional marks had they studied with better focus during the remaining 1.5 days, allowing them to cross the passing threshold. Let me share an example: Direct Taxation (paper which went badly): 43 marks Indirect Taxation: 51 marks (could have been 4-6 marks higher with better focus during the 1.5 days) IBS : 52 marks Total: 146 In my own first attempt at IPCC, I made a similar mistake. My law paper didn’t go well, and I couldn’t focus on the next paper due to stress. The result was a total score of 194, with 40 in law. I still regret that! Remember every minute of 1.5 days matter. Don't waste it in any regret or searching previous exam answers. Also that's the reason we never share question paper and answers, asking how your paper went, sharing paper analysis immediately after exams get over! For me student benefit is more important than my channel reach or views! Regards, CA Demystified

IDT 1.5 Days plan :) Regards CA Demystified

DT 1.5 Days plan :) Regards CA Demystified

Ok today is Audit. I already shared 3 hours strategy.. Pls go through that. The most common mistake in audit is not reading question and it's requirement properly and giving a wrong answer despite knowing the right answer. Please read question twice and answer carefully what they asking. And it is CA exam you don't get marks for filling copies. Even answer is small but it is what they asking. You are good to go Best luck.. Regards CA Demystified Join us 👉 @cafinal7

This is 2nd time i am getting such msg It seems accounts are getting hacked since people clicking on unknown links. Please be careful and don't click! Regards CA Uttam

✅ Have some fruits or juice you need to get quick energy. If these are not available have nimbu pani or shikanji. ✅ Start audit from 7 pm or maximum 7.30 pm after a little break. ✅ Don't waste time discussing AFM move forward to Audit now. ✅ You must have slept less for yesterday, so sleep for good 7 hours approx today to refresh your mind. Now move forward to a sound revision plan 1. PE is important area because if you write an answer properly chances are high that the examiner award you good marks or may be full. You Should revise PE on AFM exam day but you need to quickly revise them again on exam day in 1 -1.5 hours. 2. Alternatively, revise these on exam day as your retention will be strong and you need to keep a minimum of 2.5-4 hours for these. 3. SA covers good marks but they are hell boring and need many hours to cover them completely students get panic after finishing them that they don't have sufficient time for other topics so. Cover 3-4 SA after that pick the other audit chapter and do 3-4 SA again in this way you can finish all SA along with all other audit chapters. 4. Pick a lengthy topic for last like bank audit. 5. Don't try any new material now and only revise what you already covered earlier. 6. So, do PE on AFM day after that start SA with other audit topics. 7. Quickly revise imp things before exams like clause numbers, SA names, any limits like CARO provisions. Regards CA Demystified Join us 👉 @cafinal7