Could anyone help me out.im tensed a lot.im a cwa student,i didnt have any idea about the subject,how should i write the exams,even my sisters marriage is in june. but i have to give an attempt this time. please help me out
02 March 2010
Papers covered: Final Course: (Stage III)
Operations and Project Management & Control Advanced Financial Management and International Finance Strategic Management and Marketing Strategic Tax Management
Final Course: (Stage IV) Management Accounting – Decision Making Management Accounting – Financial Strategy and Reporting Cost Audit and Management Audit Valuations Management and Case Study
1.1 Study from Study Notes of the Institute for all subjects supplemented by other books recommended by your faculty. Study Notes are must. 1.2 Make brief notes of the matter you feel relevant but you are likely to forget. You may also make notes by the side of text book you are referring to, in respective pages. The notes should be very brief, say at an average of 10 words per page. 1.3 Make a plan of the time available and the syllabus to be covered. Based on this, make a schedule with daily/weekly breakups giving details of the topics to be completed. Make achievable and practical schedules to avoid breaking the schedules. 1.4 Monitor the schedule on a weekly basis and reinforce your efforts to make up the backlog, if any. 1.5 Ensure two revisions before you appear for the examination. In other words, a minimum of three readings should have been completed by the time you appear for the examination. 1.6 Study the question papers of previous examinations to be able to categories all the topics in each subject and understand broad trends of these categories. 1.7 Based on above and marks allotted give weightage to each category and accordingly prepare for the examination, spending more time and effort for important topics However, do not overemphasis the trends. They may go wrong. 1.8 In the case of theory subjects, focus on understanding the concepts thoroughly and its application. In subjects such as law, give due regard to case laws and sections.In subjects such as Economics, spend some effort on statistics and general reading of business newspapers and news magazines. 1.9 In the case of numerical subjects, such as accountancy, costing and mathematics, focus on understanding the methods, formulae and format of presenting the solution. Solve as many problems as you can. Prepare for these subjects from the beginning of the year/ session and on a continuous basis. The rule of two revisions (plus the first) is particularly applicable to these subjects. Refer to a number of text books for these subjects so that you can encounter a wide variety of problems and approaches to solution. 1.10 Practice use of your calculator effectively to maximise its efficiency in the examination Hall. Remember speed is a crucial requirement. 1.11 Write simulated examinations with some of your friends setting the paper and valuing them, in an examination environment with set time schedules. 1.12 Try joint studies with a couple of friends to be able to help one another, and instill competitive spirit. 1.13 Prepare for the worst in the examination to minimise probability of failing in the examination.
2.1 Take a quick glance at the question paper spending not more than five minutes to select the questions you are likely to answer. However, it is not necessary to select all the six questions at this stage itself. 2.2 Answer the easiest question first and in that order the rest. 2.3 It is compulsory to answer the Compulsory Question. By not answering the compulsory question your maximum marks will be limited to 80%. (But the answer paper itself , will be valid.). 2.4 It is preferable to answer the fewer questions correctly and fully rather than more questions answered partially in each case. 2.5 Just before answering each question, read the question very carefully word by word trying to make the significance of each word, atleast once. If necessary, this may repeated even three or four times, particularly in the numerical subjects. 2.6 Allot time for each question (depending on marks allotted to the concerned question) based on marks allotted to the question. Generally you have about 160 minutes to answer for 100 marks after deducting time for question paper scanning, planning answering sequence, personal relaxation time etc .Hence you can allot 1.5 mts per mark. Try to stick to the schedules. However, the compulsory question may take longer, sometimes up to one hour. You will have to make up the time from the easier questions. 2.7 Answer the theory questions preferably last in the case of numerical subjects as these can be answered correctly in shorter periods quite often. 2.8 Impress the valuator with the first answer. It should represent you caliber to give a good answer in all respects: content, neatness and presentation. 2.9 If there is a question for which you do know the answer but do not have the time to write it fully, write a synopsis for the answer.This should be done, if required, only at the end of the answer sheet.
02 March 2010
My sincere advice is you should finish your studies with in mid -May and you start revise suject for one month.you can surely success.please go through suggessted of last all term exams and do the questions of stdynotes
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