19 June 2015
hello! im Rinky, a CA student.I completed my IPCC in first attempt and about to start my articleship. I'm pondering whether to start CS or not.In future i wanna set up my own firm ,will CS be an added advantage to me,will it help me in my CA practice,pls help me out with your valuable suggestions....
19 June 2015
Hi, my suggestion is go for it. I am a CA and i am associated with Pharma Industry. CS along with CA is definitely an advantage only. And after the recent changes in the laws, the demand of CS has increased in the market. As you said that you want to set up your own firm; CS will be an advantage for you in handling corporate client.
I would strongly suggest you all to stick to the basics of study to avoid further failure and ensure success. There is no need to make drastic changes in your preparation method. In CS and CA exams scanner, practice manual, revision test papers along with Institute study material plays an important role so take reference and plan your study accordingly. For me some basics of study are as follows:
1. Timely completion of course material—Very first basic thing is to finish your course to have better idea of course structure. This will also help you to prepare a good revision schedule along with study plan.
2. Timely revision-- Another basic study point is to give ample emphasis to a good revision plan. There is nothing is this world which can substitute a good revision plan. To succeed revision is must.
3. Ample amount of practice of Numerical [account and cost] questions-- One major reason of student failure is bad performance in practical questions. So ample amount of practice of Numerical [account and cost] questions is must along with perfect conceptual clarity.
4. Right amount of theory preparation in practical subjects—Most of the students don’t give due value to the theory in the practical subject. So right amount of theory preparation in practical subjects is equally important. The best way to solve this issue is to prepare notes of frequently asked theory questions from Scanner.
5. Selection of right books—Another basic point for good preparation is the selection of right reference books. So take help from your seniors in choosing right books.
6. Good presentation of theory— Lack of good presentation especially in theory paper is one of the major drawbacks for most of the students. In theory subjects good presentation of theory is must along with mentioning case laws and sections etc. So I’d request you all to take note of the same.
You are advised to regularly check the link given below to keep you in sync with latest amendments and keep a track of changes in Syllabus and various amendments from the BOS knowledge portal of ICAI:
19 June 2015
Completely Agree with Himanshu. Even I clear CS and gave CA final this may15. I am currently doing Job in our Own CA firm. and it is very useful for me ..