Accounts ipcc grp 1
Page no : 2
neha aafreen.m
(student)
(32 Points)
Replied 19 October 2013
Animesh
(Tax Consultant)
(62 Points)
Replied 20 October 2013
Lokesh tankala
(STUDENT)
(22 Points)
Replied 20 October 2013
*RENU SINGH *
(✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ )
(21627 Points)
Replied 22 October 2013
Thanks for your feedback frns ... will surely write on cost fm as well ...
And sorry for late reply as I was under weather. here is something that I wanna say about auditing :_
1. Don't change the book. Just revise it again n again
to get the grasp of the content. As if you gonna change the book you can't have the real crust
2. think about any q .. Make broad lines
3. now the answer part .. Suppose You say the organisation is committing mistakes in its procedures n implementation
Instead of this write it as
Internal control of the organisation is really weak with many loopholes in the procedure such as :-
followed by your other points/facts
its my example
I hope u will get it ... 
*RENU SINGH *
(✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ )
(21627 Points)
Replied 22 October 2013
@ Kumar ..
Don't worry about balance sheet matching as in my entire exams my balance sheet matched just 2 times. In IPCC I was happy that in my partnership q , my balance sheet matched . Then my frn said my balance sheet also got matched n she had different answer. Her 3 balance sheet got matched but she got 49 marks. So obviously matching balance sheet doesn't guarantee you anything. You can miss some entries n ur b/s still can match.
1. DOnt try to match the balance. I don't find such time for that. If it happens, its good .... otherwise leave it.
2. You'll get marks for every single entry ....even for working notes too. So don't think working notes are irrelevant.
*RENU SINGH *
(✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ )
(21627 Points)
Replied 22 October 2013
@ Swaroop ..
Its bit technical chap. Even I had to take help from my brother. So try to do it in steps.
1. Make simple merged balance sheet as it is.
2. Now go for the intrinsic value part or purchase consideration.
3. Then go for the affected things due to such valuation say reserves etc.
4. Try to catch your repetitive mistake. If you can't correct it... then try to avoid investing time on that question in exam hall.
And if possible, take someone's help in this after noticing your mistakes.
abhishel
(asdasd)
(44 Points)
Replied 24 October 2013
Ketan
(STUDENT)
(1869 Points)
Replied 24 October 2013
@ abhishel - best book for self study is named as ... P>C tusian
*RENU SINGH *
(✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ )
(21627 Points)
Replied 28 October 2013
@ Abhishel
Accounts :- P.C.Tulsian ... ( its too long so don't waste your patience but its excellent )
Law :- Munish bhandari ... (can refer bharat law ...as I liked the company part in it ..) but still munish bhandari is safe option.
Costing n FM :- Rajesh makkar .. ( short n sweet ) for extra practice you can go for PM n RTP
Tax :- None other than Vinod Singhania
ritesh kumar tiwari
(appeared in 10+2 and preparing for ca cpt)
(50 Points)
Replied 07 November 2013
WHAT ABOUT NEXT QUESTION Paper(next subjects) can u suggest?
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