CA INTER is the second level examination in the Chartered Accountancy curriculum and proper planning is of utmost importance to ensure that you clear this exam in the first attempt.
Remember – ‘A goal without a plan is just a wish’
Preparing for CA Inter requires a very different approach as compared to CA Foundation.
As students, we generally know ‘WHAT’ to study. But most of the times, students are unable to decide ‘HOW’ to study. In this article, CA PREETI AGGARWAL will share with you a unique and very popular technique to help you complete your syllabus and score maximum marks in your examination.
Let us begin by listing down the subjects, so that we know WHAT is to be studied
CA INTER Syllabus comprises of the following subjects
1: Accounting
2: Corporate and Other Laws
3: Cost and Management Accounting
4: Taxation
5: Advanced Accounting
6: Auditing and Assurance
7: Enterprise Information Systems & Strategic Management
8: Financial Management & Economics for Finance
Now that you know WHAT to study, let me introduce a unique and very popular technique that you can apply to any subject and complete studying that subject in record time.
The technique is known as ‘ABC Analysis’. It is basically an inventory categorization technique.
In case of a student, the inventory is his subjects and the topics to be studied in every subject. I will demonstrate how you can apply this technique to a single subject. You can then later on apply the same steps to other subjects on your own.
How to study PAPER 2: CA INTER CORPORATE AND OTHER LAWS using ‘ABC ANALYSIS’
Step 1: LIST DOWN THE TOPICS TO BE COVERED
- The Indian Contract Act, 1872
- The Negotiable Instruments Act, 1881
- The General Clauses Act, 1897
- Interpretation of Statutes
- The Companies Act, 2013
- Basics of Companies
- Prospectus and Allotment of Securities
- Share capital and Debentures
- Registration of Charge
- Acceptance of deposits
- Management and Administration
- Declaration and Payment of Dividend
- Accounts of a Company
- Audit and Auditors
Step 2: Divide the Topics into 3 Categories in the order of their Importance
‘A items’ being the most important topics. Topics on which questions are generally asked
‘B items’ being the topics which are moderately important
‘C items’ being the topics on which questions are less frequently ask
You can also use different colours to classify the topics under the ABC Analysis
You can use the following material to help you classify the topics on the basis of their importance
1) Suggested Answers – To know the topics on which questions are frequently asked
2) RTP
3) Mock Test Papers
Step 3: Application of the above Analysis
Let me demonstrate how you can analyse each act using ABC Analysis
| CLASS ‘A’ Items | CLASS ‘B’ Items | CLASS ‘C’ Items |
| GuaranteeAgencyGeneral Clauses ActInterpretation of Statutes(Most Important- Rules of Interpretation)Other concepts of Interpretation of Statutes | Indemnity; Bailment | Pledge |
| Small Company, Section 8 Company, OPC , Foreign Company, Associate Company | Guarantee Company, Unlimited liability Co, Government Company, Holding Subsidiary Co | Other Types of Companies |
| Furnishing of false or incorrect information or suppression of material fact at the time of or post incorporationCommencement of business | Procedure to Incorporate a Company | Effects of Registration |
| Name ClauseRegistered Office ClauseObject clauseDoctrine of Ultra ViresEntrenchment | Doctrine of Constructive notice and Doctrine of Indoor Management | Other ClausesArticles of Association |
| Shelf ProspectusWhen is director / expert not liable GDRPrivate Placement Underwriting | Other concepts of ProspectusIrregular Allotment | Allotment |
| DVRFurther issue of capital Bonus sharesBuy-Back of SecuritiesSweat EquityESOPsNotice of refusal and remedy against refusal | Irredeemable Preference sharesRestriction on financial assistance for purchase of sharesRights and Variation of RightsReduction of capital Rectification of register of members | Other concepts Share CertificateTransfer and Transmission of shares |
| DRRDebenture TrusteeCharge | Registers | Basic concepts of DebenturesService of Documents |
| Annual ReturnNoticeProxyQuorumVoting | Resolutions | AGMEGMOther Concepts |
| Dividend Accounts of Company Audit and Auditors |
Benefits of ABC Analysis
1) It will help you to decide what should be studied one day prior to exam
2) It will guide you regarding which topics are to be studied first
3) It will help you to understand those topics which require a lot of practice
4) It will help you to decide the sequence in which you should plan your revision
For a more detailed explanation of ABC Analysis, watch this video –
To conclude, the technique of ABC analysis should be used on CA Inter Law subjects for your self-study. This technique will help you study productively apart from your CA video lectures. It will induce maximum productivity and help you take progressive steps towards clearing CA Inter Law.
CA Preeti Aggarwal
Website: https://capreetiaggarwal.com/
Contact No: +91-9653447150
