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Ah! I so wanted to write this answer for so long. I’ve always helped my juniors with all kinds of tips that have helped me to clear my exams. However, I somehow never felt it right to write on Quora but now that I’ve finally cleared my CA Final also (yaaayay) here I am.I’ll just give a very brief background about me so you’ll understand the answer and strategy. I’ve cleared all three levels in the first attempt. And I had appeared for CA Final New Syllabus so my strategy is also for the new syllabus only. However, anyone with an old syllabus can message me I can guide them too based on my knowledge. I’ll try and include the same in answer later on if I’m able to collect information for all the subjects. I’d like to divide my answer obviously subject-wise and then further for each subject two parts viz. strategy and material preferable. And then I’ll conclude with some overall tips and advice. Alright!And yes one more thing the answer is a bit long since it is very detailed. So what you can do is just read for the subject you are doing currently and the general tips written at the end of the answer (it is must read, don’t ignore it) and then come back later for other subjects as and when you take up that subject.Financial Reporting:-a) Strategy – Try to study by grouping Ind AS. i.e. there are groups of Ind AS for which all the basic concepts such as exclusions, time of recognition, etc. remain the same for all those Ind AS covered in that group. For this group refer index given in the Modules provided by ICAI. As such apart from this there is nothing more for FR. Yes just in case of practical chapters like Consolidated Financial Statement, Share-Based Payment, or Financial Instrument try and solve as many sums as possible.b) Material – I had referred to ICAI Module only and had found that to be more than sufficient. But yes apart from this it is a must, I repeat must for you to also refer to past attempts question papers, RTP and MTP. Minimally past four attempts. If you do have time do refer to all the attempts, there is this compiler available wherein all the past attempts questions whether covered as a part of question paper or RTP or MTP are provided in one place and segregated into their respective chapters. I’ll leave the link to this in the comment box below.2. Strategic Financial Reporting:-a) Strategy – I cannot stress it enough, understand the concepts and not just learn or go through sums. Don’t just understand the sum but understand the concept, and to understand the concept at every stage ask why this. The only way to be sure of ensuring that you have understood the concept is by solving those sums on your own without looking at answers. Solving in the sense with a paper pen, you may not write the answer like you would in an exam but yeah rough calculations, but write and solve; not orally nor auditing but writing. It will make sure that you have understood the concepts and will also at the same time increase your speed of writing and improve your handwriting is needed.b) Additional Tip – The first time you solve questions write near questions mistakes committed by you, so that next time you have a record of the mistakes made the first time and track of improvement.c) Material – I had referred to class material, ICAI Study Module, and Old Syllabus Practice Manual. I had gone through all the sums however of selected difficult chapters. But you can just go through only specific marked sums for all the chapters. Ask your professor for such marking. However, I’d personally advise you to solve all the sums for the chapter Forex and Derivatives. However, as per the new Study Module i.e. for May’21 exam onwards some additional 180 questions have been added in it, so I guess if you’re referring to this new module you can skip Practice Manual.3. Audit:-a) Strategy – Just learn key words only. The mistake that I had made was I had learnt literally everything and not just keywords. As a result, I was not able to remember and retain anything, hence please don’t repeat that mistake. Just mark, highlight and remember key words only. Also, try and cover this subject twice and try to remember this subject by writing, as in subjects like this it is easy for one to zone out and drift away, and hence, writing will keep you present and will help a lot in remembering the content.b) Material – As such any material you feel is alright. But I personally prefer Pankaj Garg charts and then his scanner. Also for an important chapter like Professional Ethics and Company Audit you can through your class notes that is study those chapters in their entirety and not just go through question answers.4. Law:-a) Strategy – In the case of Law strategy is the same as Audit. Just additional thing here you can do is you can understand a provision. Why such exception is given or what was the need of this provision/section. That will help you during exams as it’ll help you in striking the provision that hits the given question/case study given. The remaining portion about keywords, writing, and learning is the same as Audit.b) Material – Study Material for Law is sufficient enough. New Study Mat has been made so well. You can refer to that only. And for questions practice either go for Munish Bhandari or Darshan Khare or any other author for that matter as long as the question bank is good and exhaustive.5. Costing (SCMPE):-a) Strategy – The syllabus of SCMPE is perfect as it has been brought in line with modern-day academics and business practice. One of the things that have helped me the most in dealing with this subject is that I had gradually begun to love this subject. You can do that by understanding its practical applications. So the strategy here is simply to understand the theory, you don’t have to remember anything as such. Just understand how it would practically have been and you’re good to go. Also, don’t waste your time in solving the huge number of problems for chapters like standard costing and marginal costing like as done in the old syllabus. Just refer to the modules and past question papers.b) Material – Module is more than enough for SCMPE. Also just like SFM I have a compiler of all the past questions from past attempts, RTPs and MTPs grouped under respective chapters. Do refer to this. It’ll be very helpful. And yes don’t take the third module (i.e. where all the long elaborative case studies have been given) lightly. It will be very helpful in solving the first question i.e. compulsory question.6. Elective Subject:-a) Strategy – Basic strategy in case of elective subject irrespective of the subject you have taken up will be that you have to thoroughly read the study material. The trick here is that remember the placement of the text. Let’s say for eg. in the case of E. Law take RERA Chapter, here you read the responsibilities of a promoter, then remember that it was on the right-side page of the book at the bottom of the page this concept begins. This will be very helpful in this case as it is an open book test. So read the Study Mat and remember the placement of text that should do.b) Material – Definitely Study Material and any other material of any classes you’ve taken. Also, do remember if any material you feel will remotely be helpful to you during the exam then take that with you. You don’t want to sit there in the exam hall and regret that damn! I should have taken that material. And one most important thing that’ll be relevant for the next one or two attempts only, if you have time go through all the previous case studies asked, as there have been cases where ICAI has asked the same to same case studies as asked in the previous attempt in the question paper. But yes do this if you have plenty of time on your hands. Otherwise don’t bother you can anyway score pretty well without having this benefit.c) Economic Law – One specific tip for this subject as I had taken up this subject. Don’t take additional case laws given on the ICAI website lightly. It is as essential as the remaining text. Also if you’ve done that it will greatly help you in increasing the quality of your answers, i.e. if you have been through it then try and quote it in different answers wherever applicable. You can refer to videos of Amit Popli Sir for it. He has explained it in the best manner.7. Direct Taxes:-a) Strategy – In the case of Direct Tax, the one strategy is to understand the provision which may not be possible for all the provisions but for those for which it is possible. For eg. in the case of MAT various clauses have been specifically added to avoid benefit being taken from various other sections. Also, try to remember certain provisions through case laws given. Many such examples can be found in the chapter assessment. The other thing about DT is a good amount of practice. Solve as many questions as you can. In fact, try to revise entire provisions by solving questions itself. But yes the trick is to solve tons of questions and gain a grip on the provisions and presentation of answers. And as for sections you have to rote learn it, i.e. have to memorize it by learning it repetitively. That’s the only technique and count on me it is verrry effective.b) Material – I had personally referred to only class notes and Question Bank by Vinod Gupta. So as for notes, even you can refer to class notes or handwritten notes of Bhanwar Borana Sir is also pretty good. And for practice questions Questionnaire by Vinod Gupta is more than sufficient.8. Indirect Taxes:-a) Strategy – Strategy for IDT is the same as DT. The thing about practical papers is that you do enough practice during study break so that during exams you don’t end up investing an unnecessary amount of time in the presentation. So even in this case solve tons of questions for each chapter. And try to understand the reason behind provisions. And in case of GST especially go through set-off provisions, i.e. payment of tax via utilizing Input Tax Credit. And in GST as well as Customs go through refund plus duty drawback chapters very carefully and remember the different timelines given in both and different rates of interest given under both GST and Customs. It is very easy to get confused about this especially during exams when you’re under high pressure. So especially go through these topics with a specific intention in mind to not confuse different timelines and rate of interest given.b) Material – I had referred to class notes, Study Material (only for questions), and for additional practice questionnaire of Vishal Bhattad. So in the case of IDT class notes are sufficient and for practice, if you have sufficient time then go for a questionnaire by Vishal Bhattad (VB) and if you’re doing this there will be no need to refer to anything else, as it is exhaustive. However, if you don’t have sufficient time then in that case you can also refer to Bangar for questions practice. It is equally good just not as long as the book by VB.Hopefully, the above details were enough. However, if you do need any further clarification feel free to leave me a message on Quora. And as for the books suggested above do note that it is based on my experience. If you are comfortable with a book by any other author go right ahead, there is ofcourse no problem so long as the purpose of practice is served.Now below I’ve mentioned some general tips and I cannot stress enough how important all these tips are. Please try and follow as much as you can.Try and complete the coaching of all the subjects along with having the basic idea of the material you are planning to use for each subject before you go for your exam break.Minimally write 1 paper for each subject. Write a paper in the sense sign up for some test series. Write is thoroughly like you would in exams. Create such exam type atmosphere and then write the paper within the given time frame.Ideally, there is no such thing as minimum reading. But since I’ve been asked this question by almost all my juniors I’m including this, minimum of two readings plus third reading before the exam day. And a minimum of 1 test paper should’ve been given for each subject. However, if you feel confident enough with fewer or more readings go ahead, but yes giving 1 test paper does not have any relaxation.Start meditation. This is a pro tip for all the readers. Irrespective of which stage you are at. Whether just into the first year of articleship or just entered study break or last two months of study break. Start Meditation. Period.Do some form of exercise daily so that I’ll help you increase stamina and will act as a good stress reliever.Each week take out some time to relax. Don’t study during this time. Either go meet your friends, go to temple/church/gurudwara/etc. or watch TV or anything that cheers you up. This is mandatory as without this you will not be able to go through 6/5/4 months of reading break.No social media. Absolutely zero. No offense against any social media specifically but Instagram and Whatsapp toh should be uninstalled. Can obviously use telegram but don’t join toxic group chats. And of course can use Quora for motivation so. However, time should not exceed 20-30 minutes per day. At a later stage, it should come down to 05-10 minutes per day.Watch motivational videos when you feel at your lowest! Only at that time watching such videos, don’t watch it daily as it tends to give a false sense of accomplishment.If comfortable have a study partner. Someone who has the same reading habits and patterns as you do. This will give you company and support. Trust me this will be very helpful if you are comfortable. However, it is preferable to have only one company. That is work in pairs and not more. Three’s a crowd right!?!TALK!! Talk to someone whomsoever you’re comfortable with. Could be either of your parents, sibling, friend, relative, etc. But talk out that frustration, tension, second thoughts, anything, and everything. Just saying it aloud to someone will make a humongous difference. If you will not do this you will soon reach a boiling point and it will become a hell lot of difficulty to continue beyond that point. Moreover, there is no need for those thoughts to continuously hover over your head and start to make a mountain out of a molehill!Make a time table and try to stick to it. For you to be able to stick to it, the timetable must be realistic. I was somehow never able to make a realistic timetable and that led to a great amount of empty frustration. So try and not to do that. Make a realistic timetable so you will have clarity and on completing goals you will also feel confident and will be encouraged to carry forward.Never compromise on your sleep. Not during a study break and especially not during exam days. This time I was like during the exam if I slept little it will not be a problem, but trust me I’ve easily lost 7-12 marks because of this lack of sleep. So please don’t complete that additional sum at the stake of your sleep.Prepare for what you want to study on the day before the exam. Time will be really less given the amount of syllabus so have that strategy ready as well as exactly what you are going to refer then.That’s all. Hopefully, the above article was helpful. Feel free to contact me here on Quora if you ever feel stuck, frustrated, or anything for that matter.Good luck. Break a leg!!Happy Reading!Take Care.