CA Final second group strategy - 1 month before exams

This post is for those who are in under confident of attempting their second group in conjunction with the first group due to lack of time or any other reason whatsoever...

To start with the subjects that are aimed for an exemption are suggested in the earlier post and you can also choose your own preferred and most confident subjects

The subject wise strategy to get passing marks is as follows

Advanced management accounting :

this subject is of two parts QT and costing

It is better that you start with QT part because the questions are straight forward when compared to the costing part and another reason affirming this is the compulsory questions that are asked regularly from network analysis and simulation which comes to 15 marks

QT part mentioned here refers to the following chapters

1.learning curve
2.linear programming
3.assignment
4.transportation
5.network analysis
6.simulation

Overall weightage of QT chapters is approximately 25 marks

The study plan for these should include past 5 RTPS questions from these chapters and past three examination questions from them

Coming to second part costing

Start with the first chapter of icai study material I. E developments in reporting which accounts to 18-20 marks

The chapter is simple and straightforward with no complications

For this chapter it is enough if you prepare the latest practice manual and 5 RTPS

Next the topic which is regularly asked is standard costing and this you are well aware in IPCC so you can compete it easily this topic covers 6-10 marks

If you are still left with some time do budgetary control which is also covered in IPCC which is also asked for 6-8 marks

Indirect Tax Laws :

Read the first  chapters of all the three sections excise duty, service tax, customs duty from study material which is titled "basic concepts"

But in service tax portion read all the chapters from study material

The above exercise should be over within a maximum of 15-20 days

After the above exercise now the focus is on to amendments part believe me amendments can make you pass on DT and IDT

Read all amendments carefully from latest rtp and supplementary study paper released by ICAI

After this do practical question areas which are 

Excise duty :valuation and duty computation, classification, ssi exemption
Service tax : pops, pot, valuation 

Customs duty :valuation and duty, baggage

Direct tax laws :

For this subject book you are studying plays a very important role because your understanding depends on the book

The best book for speedy and simplest preparation is vinod gupta 7 modules

The strategy to clear this subject is select the topics which are definitely asked and also the amendments

The topics are

TDS and foriegn taxation
PGBP
Assessment procedure
Transfer pricing
DTAA
MAT
Deduction under chapter via
Penalties and prosecutions
Appeals and revision

After these topics are covered focus on supplementary study paper and rtp released by ICAI for the respective attempt

Information systems and control audit :

This subject needs no special description as you all are aware this is the most dry subject but believe me this is also the subject where you will apply your mind very less.. That is read on as is basis..

A very striking point is you will come across topics which you Already studied in audit subject in this subject which is a positive for you

The order of topics in this plays a very important role in this subject

The priority may be adopted as follows 

1.emerging technologies
2.IT act and regulatory issues
3.protection of information systems (link to audit)
4.IS Audit (link to audit)
5.BCP and DRP
6. information system concepts
7.sdlc

The following order is based on relatively easier to understand nature of the respective chapters and also their weightage in the exam