Devang Ramesh Chawda
Rank: 44, Batch: May 2015
My first reaction
Frankly speaking I didn’t expect a rank in CA Final. No doubt I have given my best. Thus when I saw my result I was totally delighted and just hugged my parents immediately after seeing the result. It was a memorable day.
I did my internship from Deloitte Haskins and Sells LLP Mumbai. I was in statutory audit department and thus experience gained from audit helped me a lot in cracking auditing paper. It also helped me to some extent in tax and accounting standards.
I started my actual preparation from December 2014 when I got leave from my articleship for preparation for exams. I had joined classes for CA final and was quite regular in attending the same.
As per my opinion classes are required for practical subjects like FR, SFM and Costing as there are few concepts which are very tricky and it requires assistance of an expert to understand. For theory subjects self study is more than enough.
As I mentioned earlier I had started my actual preparation from December 2014. I had joined classes and had covered practical subjects in classes itself. I had marked important problems consisting of new concepts and during revision I went through only such problems. I had a nice grip on practical subjects like FR, SFM and Costing but was comparatively weaker in theory subjects. Thus I made sure that I go through theory subjects everyday. I used to prepare daily schedule in such a way that I studied at least 4 subjects in a day.
Books and e-sources
I had used pratice manual and modules for almost all subjects except for DT and IDT where I used Vinod Gupta and Bangar respectively. As per my opinion study material provided by institute is more than enough to pass CA final.
I didn’t attend any mock test but personally I feel it is a must before appearing for main exam. I couldn’t complete FR and SFM paper for the only reason being not having enough writing practice. Had I appeared for mock test I feel I could have scored better.
Rank and preparation
Being scored a rank in CPT and IPCC I had a great desire of scoring a rank in final as well. Further I had seen the sense of joy and proudness on my mom face during my IPCC result and thus wanted to have that back again. Every time when I was bored of studies I used to listen to songs or used to talk with my mom who always encouraged me with great thoughts of famous personality.
I would mostly go for job in corporate world as I don’t have strong contact base to go up for practice.
I have not yet started with preparation but would be starting soon.
Advice to fellow students
CA is not just about passing exam but a medium to enter the professional world. Take every opportunity of articleship and prepare yourself for the competitive world.