The Best subject combos for CAF students, As per the NEW SCHEME

With the announcement of the CA new scheme, Education and Training Scheme 2021, every CAF student is in the dilemma of selecting subjects for the coming attempt. But don’t worry, we are here to back you up.
The selection of correct subjects plays a vital role in passing CA exams. Sometimes it becomes difficult for students to choose suitable subjects because they don’t have guidance. Generally, students should select a combo that is a blend of both theory and numerical subjects. In that way, you can easily ace the exams. 

Students should also need to find the right balance between the subjects. Those who do not emphasize balance in their subject selection often end up overworked and doing poorly in the exams.

This blog will guide you about the choice of subjects for the upcoming attempts. Here are some of the suggestions:


1.       AFC passed students:

For those students who are appearing in AFC in the Autumn 2021 (September) attempt, the best combo they can go for is;

· CAF-01 Financial Accounting and Reporting 1

· CAF-02 Tax Practices

· CAF-04 Business Law

This could be the best selection because CAF-01 is a numerical subject, CAF-02 is a blend of numerical + theory, while CAF-04 is a pure theory subject. You can also get plenty of time for revision during exam days according to this selection. For subsequent attempts, students can go for CAF-05 + CAF-06 + CAF-07 and CAF-03 + CAF-08 respectively.

 

2.       Students who attempted Business Law:

Those students who have given CAF-03 Business Law in the latest attempt and can pass it can select the following subjects;

· CAF-01 Financial Accounting and Reporting 1

· CAF-02 Tax Practices

· CAF-03 Cost and Management Accounting

In the subsequent attempt, one can select CAF-05 + CAF-06 + CAF-08.

 

3.       Students who attempted Business Management and Behavioral Studies (BMBS):

The best combo for those students who appeared in Business Management and Behavioral Studies in Autumn attempt is as follows;

· CAF-01 Financial Accounting and Reporting 1

· CAF-02 Tax Practices

· CAF-04 Business Law

After this combo, the student will be left with two options.

Either go for CAF-03 + CAF-05 + CAF-07 + CAF-08 in a single attempt

Or select CAF-03 + CAF-05 + CAF-08 and CAF-07 for subsequent attempts respectively.

 

4.       Students having given all papers till CAF-04:

For such students, the ideal combo will be;

· CAF-01 Financial Accounting and Reporting 1

· CAF-02 Tax Practices

· CAF-03 Cost and Management Accounting

Students should select CAF-05 + CAF-08 after this attempt.

 

For further guidance, students should consult with their respective teachers.

You can also comment in the comment box for any guidance. Good luck!