FR 5 Days Strategy

1st paper, 1st shot, play it well! Take proper rest, be positive and practice well in these 5 days.

Tips:

 Do marked questions first

 May also go through some imp. concepts as in earlier revisions
 Try to do most questions by hand
 Do RTP questions side by side
 Don’t be afraid to take breaks
 Also don’t compromise on plan

1st Day: (Focus on Book 4 + some chap. of book 1)

 Bus. Combination
 Consolidation
1st half
 Ind AS 1,34,7
2nd Half
 Ind AS 8, 10, 113 & 20
 Audit SA 600 series (Plz)

2nd Day: (Focus on Book 2-easy)

 Follow the order given

 2, 16, 23, 36, 38 (before lunch)
 Do 116
 Then remaining i.e. 40, 105, 41
 Audit SA 700 series

3rd Day: (Now time for Financial Instruments)

 Start with it and try covering it by evening 5-6 pm. (Focus on Ill. & practice questions)
 After that take a break and do below ones in pairs:
 102,19

Enough, now the good news, only 2 SAs for today 402 & 450

4th Day: Chill & do following:

 Ind AS 115 (2-3 hrs)

 Ind AS 101 (1 hr) 1st Half
 Ind AS 33 (1.5 hrs)
 Ind AS 12,21 (3 hrs)
 Audit (SA 500 series) 2nd Half
“After such light day, it is possible believe me!”

5th Day

Mostly everything done, not much left!

 Do the Ch- Analysis of F/S in Book 4 (will help revise)

 CSR + IR (1 hr) + Ind AS 24 & 108 (1-1.5 hrs)

Now, wait, did you feel challenge with some questions in first 4 days, redo them and this time it should be correct.
Plus, there may be certain topics which you may not have covered well  revisit them.

Since, this is your 1st exam, I don’t want you take the stress one day before that’s why kept it light

Good luck for your FR exam, will meet with SFM soon!

By: Shubham Keswani