CA IPCC Practice Manual May 2018 & CA Final Practice Manual May 2018 are available for Download now. Practice Manuals for May 2018 are also available at all ICAI branch offices across India for purchasing. Students can also buy these PMs online from ICAI online book store. Practice Manuals are one of the best ways to prepare for the exams. May toppers of CA IPCC & CA Final exams have recommended to use only ICAI Study Materials and Practice Manuals for preparing for exams. Note that these Practice Manuals are of January 2017 Edition. ICAI will not release any new editions for May 2018.
Applicable PM Editions for May 2018
Note that, for new CA Inter and CA Final students, there will be no Practice Manuals. For now you need to refer only the new Study Materials issued by the ICAI. Later, ICAI is going to release Question Banks.
ICAI has officially released the list of applicable editions of Practice Manuals for May 2018 exams.
For IPCC, Except for Information Technology and Taxation, for all other subjects, April 2016 Edition will apply
For CA Final, For Financial Reporting, the all new Updated October 2017 Edition shall apply. For Law, SFM, Audit, AMA, ISCA – January 2017 Edition shall apply. For Information Technology, June 2017 edition shall be applicable.
For Taxation, the new Study Materials released for New Syllabus students will be applicable for Old students too, which means a Practice Manual will not be released for this Subject.
Password for PM and SM:
Few students are facing a problem where, after they download Practice Manual or Study Material from ICAI Website, the file keeps asking for a password. To solve this, first install a pdf viewer software from Google PlayStore and then open the file using that software.
Prelude to Practice Manuals
Very recently, the common point that you hear from CA toppers and qualified students is that, they have completely covered the Practice Manuals and has given them more preference compared to books by Private Coaching centers.
Even ICAI wants to check if students have been covering entire Practice Manuals or not and this is the reason why many questions in the exam are being asked directly from the Practice Manuals for both CA IPCC and CA Final.
Year by year, the questions covered and topics asked in Practice Manuals are increasing. Moreover, for theory subjects, you will find short summary notes at the beginning of each chapter in these Practice Manuals.
Download CA IPCC Practice Manual May 2018
IPCC Practice Manual Group – 1
|Law Business Ethics & Communication PM||Download|
|Financial Management PM||Download|
|Income Tax PM||Download|
|Indirect Tax PM||Download|
IPCC Practice Manual Group – 2
|Advanced Accounting PM||Download|
|Auditing and Assurance PM||Download|
|Information Technology PM||Download|
|Strategic Management PM||Download|
Download CA Final Practice Manual May 2018
CA Practice Manual Final Group – 1
|Financial Reporting (FR) PM||Download|
|Strategic Financial Management (SFM)||Download|
CA Final Practice Manual Group – 2
|AMA Practice Manual||Download|
|Direct Tax PM||Download|
|Indirect Tax PM||Download|
CA IPCC & CA Final Practice Manuals for May 2018 has been incorporated with all the recent Amendments, notifications and circulars released by MCA, Service Tax Department and Income Tax Department.
Only Taxation and Law subjects have significant amendments when compared to the previous attempt. Apart from these two subjects, the syllabus of all other papers is same that of from the previous attempt.
Practice Manuals are recommended for last minute revision of the exams. For the past four attempts, it is observed that almost 60% of questions are coming directly from the Practice Manual only.
Most students neglect the Practice Manuals released by ICAI which will lead to low scoring in the exams.
Importance of Practice Manual
Over a period of time the Industry has been observing that the CA, though very knowledgeable, is unable to apply what he/she has learnt.
Therefore, in order to train the students to apply the theory into practice, the Board of Studies has brought out Practice Manuals which contain series of questions in respect of various topics covered in the study material.
The questions have been arranged in a manner whereby one may develop understanding, commencing from a simple topic to a more complex one.
With a view to making Practice Manual a single source of reference, important definitions and formulae have been given at the beginning of each chapter.
This would enable the student to straightaway do the practice of various questions given in the Manual.
- 1 Applicable PM Editions for May 2018
- 2 Prelude to Practice Manuals
- 3 Download CA IPCC Practice Manual May 2018
- 4 Download CA Final Practice Manual May 2018
- 5 Importance of Practice Manual