PLEASE EXPERTS,
Sir, PLEASE HELP ME IN PREPARING ICWA INTER GROUP 1 BY SUGGESTING A ROUTINE/TIPS/TRICKS SO THAT I CAN FETCH GOOD MARKS IN 100DAYS...(i am doing Self Study)
PLEASE i BEG OF U
Anand Pardeshi
(CA Final)
(530 Points)
Replied 30 August 2011
I dont knw CWA syllabs bt can tell u one thing... just make DAY to DAY target and try to achieve them... if u done in 5hr still okey, take revision of it or if u need 10hr, then achieve it as possible as... gud luck.
raama
(SENIOR ACCOUNTS OFFICER)
(73 Points)
Replied 30 August 2011
PREPARE FULLY FROM TEXT BOOK ONLY. dont go for any class anywhere. its all utter waste of time and money. dont buy any scsanner or reference books. always write both groups together. there are enough time to prepare 6 subjects.
work out all text book examples again and again. you will pass with a rank. they dont know to ask anything outside the text book an are too lazy to even change the numbers from examples. so workl examples in all subjects and prepare from LATEST RTP -- its the leaked question paper. most theory questions you get in exams will be there inrevision test papers loadded in website. also refer past exam papers and you will laugh at the way silly silly questions are asked. ALL THE BEST
SUMMARY
REVISION TEST PAPERS
PAST EXAM PAPERS
ALL TEXT BOOK EXAMPLES
ALWAYS BOTH GROUPS TOGETHER IN ONE ATTEMPT
BEST OF LUCK.
I AM SURE YOU WILL PASS WITH A RANK
CA-CWA RAVI
(CA-CWA in industry)
(5464 Points)
Replied 30 August 2011
u begging ?
dost it is only u who can prepare well and secure good marks
dont beg from us .... beg from ur positivity and dedication
almost 90% paper comes from book old question papers and rtps
do them ......
it is easy to crack cwa .......
try it
CA-CWA RAVI
(CA-CWA in industry)
(5464 Points)
Replied 30 August 2011
nice to see ur positive reply akilanda .....
i support this statement that
"dont go for any class anywhere. its all utter waste of time and money. dont buy any scsanner or reference books. always write both groups together. there are enough time to prepare 6 subjects."
but i feel scanners give u idea for exams also these are not expensive may be 400 for both groups so u can buy it
raama
(SENIOR ACCOUNTS OFFICER)
(73 Points)
Replied 30 August 2011
ALWAYS WRITE BOTH GROUPS TOGETHER .you can easily get a rank which is most valued. i wrote them together and cleared infirst attepmt and got rank also. so dont limit your self to group 1.
operations and info sys in group 2 is like gk prepare fromm the question answers given at the back of book. its the best scanner ever made.
for idt prepare from the definition , admin procedures, export import, ssi and sez provisions, service taxx go through all 108 services given concentrate on major ones like telecom ,legal, it, CA, mandaop keeper, travel agent airline etc.
for costing ,process, marginal, standard, overheads ,operating costing, cost sheet will do.
come on prepare for group 2 also now.
all the best
Rony Dey
(Student)
(366 Points)
Replied 30 August 2011
but sir,
if i optt fo both groups...then i hve 2 do the computer training is that right??
CA-CWA RAVI
(CA-CWA in industry)
(5464 Points)
Replied 30 August 2011
yes it is right ..... u also need to do gd bc before ur exams.....
Rony Dey
(Student)
(366 Points)
Replied 30 August 2011
& Sir,
For Group 1 Which are the important Chapters For Accounts... @ Ravi Sir & Is The Study Mat given by ICWA for Tax is it sufficient??
raama
(SENIOR ACCOUNTS OFFICER)
(73 Points)
Replied 30 August 2011
forgot to say -- in indirect taxes concentrate more on VAT, CST and do those sums in subtraction method of vat, reverse calculation in CST, in customs there are 11 examples all similar in duty calculation, do that and you will get 11 marks assured. cst sums are inccreasingly asked now a days.
accounts non profit, ratios,hire purchase - debtors method, branch -- stock and debtors method, issue , buy back of shares, accounting standards,partnership work examples that will do.
for law concentratee on contracts, sale of goods, negotiable instruments, factoies, industrial dispute, gratuity, pf and consumer protection
ignore RTI act, llp act and wages, minimum wages etc.
auditing company audit, verification of assets and liabilities and audit risk , materiality and GAAP indian AS .
also some practical questions asked about auditors in RTPs
Income tax theory fully from RTP, sums from IFOS, PGBP, wealth tax , taxation of firms and inndividuals , residentoal statujs, capital gains and 80 deduction mainly 80G , 80 gg
hurray !!!! you cleared cwa inter with a rank.!!!
raama
(SENIOR ACCOUNTS OFFICER)
(73 Points)
Replied 30 August 2011
arey I did not see you are CA student also. then CWA inter will be cake walk. you prepared for ca and are writing cwa means you will easily get confidence. the RTPs will come by october in icwaai site. take printout and learn.dont read online. for ipcc what ever you read in company lawe will help your cwa auditing like anything. also our IPCC practtice manuals are more than enough for income tax exam of CWA.
Rony Dey
(Student)
(366 Points)
Replied 30 August 2011
Sir,
I havent started to prepare for IPCC yet...just passed CPT will start after ICWA Dec.....So Sir please tell me From Where to study ACCOUNTs THEORY & what should i ignore...
raama
(SENIOR ACCOUNTS OFFICER)
(73 Points)
Replied 30 August 2011
accounts theory read capital vs revenue items in chapter one, buy back of share, use of seccurity premium account, issue of shares at disccount, conditions for buy back, names of all accountoing stasndards, this will beasked for 5 marks as match the following,,, then from elecrtricity ,banking reead terms like reasonalble surplus, risk weighted assets, provions for various categoryof doubtful assets for banks , sec37 of partnership oin death of partner chaper, this will do. read one mark questions in RTP in accounts that will do