Re ca final costing book

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Khushboo (Querist)
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29 January 2016 Please suggest which book i should refer for CA Final costing.
I am weak in this subject, so also suggest how to study??
Is Paduka good for self study??

Ganeshbabu K

Ganeshbabu K (Expert)
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29 January 2016 Yes you can prefer PADUKA book,

Refer https://www.youtube.com/watch?v=eKlyHCgINmQ to know how to prepare

Khushboo

Khushboo (Querist)
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30 January 2016 How is Ravi Kishore's book?? Which one is better - Paduka or Ravi Kishore??

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Ankur Garg

Ankur Garg (Expert)
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31 January 2016 I would suggest you to go for Ravi Kishore's book.

Also Refer ICAI Study Material: Referring ICAI Study Material for Numerical subjects like costing, FM is very important and necessary. So keep using ICAI Study Material for costing as in previous examination practical questions were asked from study material itself. It is tuff to deny the importance of study material provided by the Institute so use it along with other reference books. One can say that it is hard to study from the study material. So please find below some tips and tricks regarding how to use study material:

a. Underline whatever is important in study material. It is better to have a dirty study material with lot of underlining than an untouched study material. By underlining and referring from the notebook you have prepared, it helps during revision time.
b. If you don’t understand a line or two underline it and ask someone who can understand. There is no need to feel shy. Put a question mark next to it, and then sqash the question mark with your newfound understanding.
c. Use colours in the "black and white' study material to underline important points or write something. Use your colour scheme. It aids memory.
Repeat the study material again and again to keep it in memory and never fear the study material as it is your friend so learn to play with it.

Ankur Garg

Ankur Garg (Expert)
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31 January 2016 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 2015 Exam

https://www.caclubindia.com/articles/exam-preparation-points-for-november-2015-24523.asp

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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