Best way for standard cost(costing) , holding(acc.) and dt

This query is : Open

Puneet (Querist)
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17 July 2015 Hey, I have given CA final exams, and have scored 50(cost), 45(ISCA), 35(DT), and 48(IDT). Though my SFM is already exempt..

I have to crack CA final just in next attempt at any cost.. So suggest me about what I should do ? Specifically in DT, as I have done important chapters from PM and read VG sir’s Summary module + Amendments..

How should I do Standard costing? Can you please help me in arranging the notes or is there any teacher who can teaches me Standard cost only, in Delhi or Faridabad?

And most importantly, Accounts…I have scored 80+ in IPCC, and was always best at it, but in CA Final Group I, now I’m most scared of it. And I have heard that the solution by Parveen sharma sir for chapter of Amalgamation, Valuation is not matching with what ICAI is issuing in PMs (not an allegation, just wanting to confirm, that should I continue with it or do something else too). Secondly, how should I do Holding of accounts (I personally don’t want to take Sharma sir’s class for it, is there any other teacher for only Holding of Account or any other best way) So, please guide me what should I do?

Thanks In Advance!, will love to hear from you soon.

Ankur Garg

Ankur Garg (Expert)
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17 July 2015 How to start exam preparation

https://www.caclubindia.com/forum/how-to-start-your-exam-preparation-92719.asp

Some Exam Suggestions and tips for November 2014 Exam

https://www.caclubindia.com/articles/exam-oriented-suggestions-and-tips-for-november-2014-exam-21175.asp

THE BASICS OF STUDY

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:

http://www.icai.org/new_post.html?post_id=5720&c_id=314

Also check the link given below and use exam oriented material available at the BOS knowledge portal of ICAI:

http://www.icai.org/new_category.html?c_id=342

Also check following links for tips and tricks to handle Audit, Costing and SFM subjects:

1. ITSM Tips and Tricks:

https://www.caclubindia.com/articles/ipcc-exam-oriented-tips-and-tricks-for-itsm-subject-21750.asp#.VBq55VdqOZQ

2. SFM Tips and Tricks:

https://www.caclubindia.com/articles/tips-to-handle-strategic-financial-management-paper-sfm--21467.asp#.U_RLM6NqOZQ

3. Audit Tips and Tricks:

https://www.caclubindia.com/articles/suggestion-for-ca-final-and-ipcc-audit-paper-november-2014-21466.asp#.U_RLxqNqOZQ

4. Costing Tips and Tricks:

https://www.caclubindia.com/articles/tips-to-handle-costing-subject-in-professional-exams-21262.asp#.U_L-X6NqOZQ

5. Information System Control and Audit [ISCA] Tips and Tricks:

https://www.caclubindia.com/articles/suggestions-to-handle-information-system-control-audit-isca--21495.asp#.U_xt-KNqOZQ

6. Indirect Tax (IDT) Tips and Tricks:

https://www.caclubindia.com/articles/few-notable-points-regarding-indirect-tax-idt-preparation--21622.asp#.VAgSI6NqOZQ

I hope the above information would be of some help. Kindly revert in case you need any further assistance regarding your exam preparation.

Thanks
CS Ankur Garg

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