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07 August 2012 I am an MBA. and a workinf professional. I want to do ICWA..
Please guide me how to start and which subjects and books to read. Pls reply and help people. and guide me.

07 August 2012 The Institute of Cost Accountants of India (ICAI) is a premier professional accountancy body established on May 28, 1959 under the Cost and Works Accountants Act, 1959 (Act No.23rd of 1959) enacted by the Parliament of India to regulate the profession of Cost & Management Accountants in India.

The ICWAI is a Founder Member of the International Federation of Accountants (IFAC), Confederation of Asian and Pacific Accountants (CAPA) and South Asian Federation of Accountants (SAFA).

ICWAI is a member of the National Foundation of Corporate Governance(NFCG).The headquarters of ICWAI is situated in Kolkata, and operates through its four regional councils located at Kolkata, Chennai, Delhi and Mumbai,94 chapters in India and 7 chapters abroad.


How to take Preparation for ICWAI
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1.Use your revision time effectively. Prepare a revision time table.

2.When is your energy level the highest? This is the time to tackle the difficult bits.
3.Do not postpone the difficult topics.
4.Attend to routine things like tidying up, at low energy times of the day.
5.Do not just read. Make notes. In fact summarizing and condensing notes focuses your mind.
6.Discuss topics, after having revised them, with your classmates.
7.Use diagrammatic representation where ever possible. You may find this easier to retain.
8. Take a 5 minutes break after every 40 minutes (Certainly after an hour!).
9.Take a longer break after every 3 hours of study.
10. Eat well.
11. Play some game when you find time. This helps you relax.
12.Do your best during the revision.

Noted that On the examination day, do not worry, even if you feel that you remember nothing! Give it your best shot, you will be able to recall once the questions are in front of you.


Tips for getting Better result
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First 25 marks question are just one word answer question and hence are very crucial for any student.These questions are considered easy.
Go through Revision Test papers and books provided by ICWAI even after completion of your course .
Refer Institutes material and RTPs .Don't neglect these as many questions are asked from these which are exactly same.
Question are not very tough and lengthy only you need to have patience and take it little lightly. Don't get tensed.
Many students just sit for one group due to lack of preparation but i will suggest you to sit for both group as it will increase your chances of getting success.
Please have a look on marks allotted to question before handling it .Refer last year questions .

Must Read:

https://www.caclubindia.com/articles/tips-for-icwai-inter-exam-8040.asp#.UCDPgaA-1tg


ICWAI is a Institute of cost & work Accountants of India.In this you will have three levels:

Foundation course

Intermediate Course

Final course



Syllabus for the I.C.W.A Course :

>>Auditing

>>Management accounts

>>Corporate law

>>Cost accounts

>>Financial accounts

>>Secretarial practice

>>Direct taxes

>>Indirect taxes

>>Quantitative methods

Best books for ICWA course :
*****************************


>> Advanced Accounts by Sukla and Grewal

>> Advanced Accountancy by Gupta and Radhaswamy,

Beside this you can also refer

>> Basu And Das,

>> Hanif and Mukhergi,

>> S.N.maheswari




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