enquiry

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2010 i just passed CPT exam in dec 09' . now please suggest me how to prepare for ipcc exam in dec 10'

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2010 thanks for the suggestion

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
Follow

21 July 2024 Preparing for the IPCC (Integrated Professional Competence Course) exam requires diligent planning and systematic study. Here’s a structured approach to help you prepare effectively:

### 1. Understand the IPCC Syllabus:
- Familiarize yourself with the IPCC syllabus, which includes Accounting, Law, Cost Accounting, Taxation, Advanced Accounting, Auditing and Assurance, and Information Technology and Strategic Management (ITSM).
- Obtain the latest study materials and syllabus from the ICAI (Institute of Chartered Accountants of India) website.

### 2. Create a Study Plan:
- **Time Management:** Allocate sufficient time for each subject based on its weightage and your understanding.
- **Consistency:** Study regularly to maintain momentum and cover the syllabus comprehensively.
- **Revision:** Plan for regular revisions to reinforce concepts and improve retention.

### 3. Recommended Study Approach:
- **Subject-wise Preparation:**
- **Accounting and Advanced Accounting:** Focus on understanding concepts and practicing problems.
- **Law, Taxation, and Cost Accounting:** Understand provisions, practice solving practical problems, and revise sections.
- **Auditing and Assurance:** Study standards, audit procedures, and practice case studies.
- **ITSM:** Learn IT concepts, strategic management theories, and practice case studies.

- **Practice Manual:** Use the ICAI’s Practice Manual for each subject to solve problems and get acquainted with exam pattern.

### 4. Coaching Classes:
- Consider joining coaching classes from a reputed institute to receive structured guidance and clarity on complex topics.
- Coaching classes can also provide mock exams and tips for exam preparation.

### 5. Reference Books:
- Refer to recommended reference books for each subject to gain deeper insights and alternative explanations.

### 6. Mock Tests and Previous Years’ Papers:
- Solve IPCC mock tests and previous years’ question papers to understand the exam pattern, time management, and to identify weak areas.

### 7. Stay Updated:
- Stay updated with amendments, notifications, and changes in syllabus from the ICAI website and publications.

### 8. Time Management During Exam:
- Allocate time to each question based on its marks, and aim to complete the paper within the stipulated time.

### 9. Stay Motivated:
- Maintain a positive attitude, stay focused, and manage stress effectively during preparation.

### 10. Practical Training:
- If possible, gain practical training or internships to apply theoretical knowledge into practice.

### Important Tips:
- **Regular Revision:** Regularly revise what you’ve studied to reinforce your learning.
- **Concept Clarity:** Focus on understanding concepts rather than rote learning.
- **Self-Assessment:** Evaluate your progress periodically to identify areas needing improvement.

By following a structured study plan, staying consistent with your preparation, and seeking guidance when needed, you can effectively prepare for your IPCC exams in December 2010. Good luck!

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now