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CA Final Study Plan During Articleship


Get CA Final Study Plan During Articleship details. CA Final Study Plan during Articleship need to prepare statistically. CA Final students undergoing Artilcleship Training need a proper Study Plan to balance both the Artilceship work and also CA Final Exam preparation. Most Articleship students will have only 2-3 hours per day preparation time, and full day time during weekends. Taking into consideration the special nature of Study Plan for CA Final Articleship Students, CA Deeraj Benerjee has prepared this Study Plan.

Also we are providing some other important things need to be kept in mind while planning for studies while doing Articleship. So, simply follow this  plan that we are providing in this article to make most out of your preparation.CA Final Study Plan During Articleship

CA Final Study Plan During Articleship

We have assumed the student has at least 5-6 months of preparation time while preparing this Study Plan in order to cover most of the syllabus from all the subjects.

Study Plan for Weekdays

During weekdays, you need to cover only Direct tax, ISCA, Financial Reporting and Auditing.

Time of the Day Syllabus
7.00 – 8.00 PM Direct Tax
8.00 – 9.00 PM ISCA
9.00 – 10.00 PM Dinner
10.00 – 11.00 PM Audit
11.00 – 12.00 PM FR

Study Plan for Weekends

Allocate the entire weekend time for the other four subjects which you have left out during the weekdays. Spend more time on AMA and SFM.

Time of the Day Syllabus
7.00 – 9.00 AM AMA
9.00 – 9.45 AM Breakfast
9.45 – 11.00 AM Company Law
11.00 – 12.30 PM IDT Case Laws
12.30 – 2.00 PM Lunch
2.00 – 5.00 PM SFM
5.00 – 6.00 PM Break
6.00 – 8.00 PM IDT Chapters
8.00 – 9.00 PM Allied Laws

Study within Articleship Hours:

We recommend students to spend Articleship hours in office reading practical subjects like Taxation and Corporate and Allied Laws. Go thourgh websites like Indian Kanoon to keep track of all latest relevant case laws for CA final.

ISCA is such subject which should be prepared over a long period of time. Allocate atleast half and hour per day to revise ISCA topics. Once you keep revising already prepared topics, you can appear for the paper very well.FR and SFM are one of the highest scoring papers in entire CA final syllabus. Allocate more time in your Study Plan for these subjects. Subjects like these are the ones that are going to give your the required aggregate marks.

Study all subjects from ICAI Practice Manual (especially Financial Reporting and Direct Tax). You can also refer books from private publication houses.

Here you can get details of some things to be kept in mind before going for the execution of above mentioned study plan:

1. Daily Time line

First, you need to figure out what is your daily timelines i.e. how much time you have in morning before going to articleship and after coming to home in the evening / night. Also you need to understand the business cycle at the firm you are working in terms of the lean season and peak season. This will give you a fair idea of the time you have on a regular day before or after you are done with the articleship.

Also it will help you figure out what part of the year you cannot take articleship because of work and what part of the year you can take advantage of because of lean season. Try asking your seniors in firm to help you out in this.

One important thing in this is to leave some time for dinner and family at night and a good breakfast in morning, as they are equally important.

2. Know Your Subjects

This is the most important aspect of planning and will help you till the very end. Take some time out on a Saturday and Sunday may be 2 – 3 hours and go through ICAI modules. Here, the task is not to read the books in short or make some notes but, to get yourself familiarised with the subjects and topics.

Divide the subjects into theory and practical, then pick anyone and start looking at the index. Know what is there in a subject and how much of it do you know about from your previous IPCC attempt. Subjects like Tax, Accounts, Costing, Law, Audit, etc would be a known territory but subjects like FM, IT & SM, parts of Law, Advanced Management Accounting and Indirect Tax would look alien to you. But don’t worry, you are not the only one having scared of these big books. Every single person doing CA is having the same thought as your and everyone who did it once had the same thought. Right now is not the time to panic, but to plan smartly.

3. Know your coaching institutes

4. Execution

This is where your knowledge of the subject and your self assessment comes into play. One has to understand that our mind does not and cannot remember what we read and learn  1.5 – 2 years ago unless we practice it daily which is next to impossible considering the voluminous CA curriculum. So plan your theory and practical subjects accordingly.

As accounts and Advances Management Accounting is based on concepts, start it 1.5 years before your exams. Its ok if you start it together or take some theory subject with one and start another. Both these subjects demand good hold on concepts and a daily practice of one or two problems of a particular type will keep you on your track. If theory is not something you can manage easily, mix it with a practical subject. Pick up Auditing as it is easy to understand based on practical learning except the AAS which you would have to be in touch with. once a week one AAS and one AS is good way to approach and going back to the earlier one to bruch up.

Plan your Tax (both DT and ITD) at the end such that it ends just before 6 months of your exam. That will help you keep in touch with the latest amendments and be updated. Mix it with either law or IT&SM as it’ll keep the balance good.Take your FM and the last of the theory subject together somewhere in the middle. FM demands good time from the reader to understand the logic going in the subject as it is something very different than what one has learnt so far. So taking it in the middle may help.Make sure all your coaching gets over before 6 months of your exam so that you have good time to revise. Plan your revision keeping in mind your hold on a particular subject.

What I have written above is not a hard and fast rule but this is what I realised during my CA days and learnt later as well while analysing my approach. You are free to make any changes as it suits you to ensure that you are comfortable with your studies and there is no unnecessary pressure on you. Also don’t lose yourself in books and articleship and coaching completely. Go out for a movie, take a break and go for a holiday, bunk that boring class if you have to and don’t forget to smile even if you screw with your problem as it’s not worth to be lost in it such that you forget to enjoy life. All this effort is to make sure that you have a good future but it’s of no use if your present is not happy.

Hope this article will going to be helpful for CA Artcleship students in preparing for CA Final along with Articleship in a balanced way. Share this article “CA Final Study Plan During Articleship”. Comment your doubts or suggestions via comment box.

1 Comment
  1. Thenmozhi says

    PS give study plan for CS professional

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