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Audit and isca

Archit Melana (CA final) (76 Points)

18 March 2017

hello guys can anyone plz guide how I will get good marks in audit and isca....and is pm is enough in isca??

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CA Devaraju Narisetti (CA) (320 Points)
Replied 18 March 2017

No, PM is Not Enough for ISACA, u need to prepare Much More for the Following Chapters

For Chapter 1,2,3,6 of ICAI-SM, you need to prepare much more as from this chapter will have more weightage in Exams

For balance Chapter you can prepare from PM,

For Audit,

I am Not Correct person, because i am also prepareing for G-1, but i can tell u PM is Good.

Thanks

Deva

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rahul (Chartered Accountant) (5572 Points)
Replied 18 March 2017

How to Prepare ISCA by AIR First Rankholder

Attached File : 404109 20170318212726 how to prepare isca by air first rankholder.pdf downloaded: 368 times

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CA Ruskin B (Member) (2602 Points)
Replied 18 March 2017

whi else cab you guide better than the rank holder... follow the link provided by rahul above....

CA Ruskin B (Member) (2602 Points)
Replied 18 March 2017

#who else can...

CA Ruskin B (Member) (2602 Points)
Replied 18 March 2017

for audit reproduction of the icai material language will help you a lot... especially for sa, ethics and audit reports.... audit is our core paper, accounts only has second place, so the expectation from this paper us higher and naturally the valuation is strict... isca and audit has similarity in that both test your memory to a large extend... build up your strategy around these...I hope it will work... I too have first group to clear

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rahul (Chartered Accountant) (5572 Points)
Replied 18 March 2017

For audit first of all prepare all technical topics (as they will help you to fetch more marks), eg, SAs, Prof Ethics and Company Audit related topics (co. auditor, audit report etc) and special audits.... for other topics refer PM, Suggested, give one or two reading from the any book you have.

All the best

Archit Melana (CA final) (76 Points)
Replied 18 March 2017

well one more thing I have 7 subjects pending...sfm exempt,,,,,.and I am done with fr law costing and audit almost done...but no confidence build in this subject as I studied it from Pankaj Garg not from SM.....so my question is should I go for both groups or revised again 1st group???

rahul (Chartered Accountant) (5572 Points)
Replied 18 March 2017

Originally posted by : Archit Melana
	well one more thing I have 7 subjects pending...sfm exempt,,,,,.and I am done with fr law costing and audit almost done...but no confidence build in this subject as I studied it from Pankaj Garg not from SM.....so my question is should I go for both groups or revised again 1st group???

Start revision to build confidence. SM is very bulky and hard to revise. Solve PM, Suggested Ansawers, Last 3-4 RTPs it will give you an idea about how to write answer in the exam.

CA Ruskin B (Member) (2602 Points)
Replied 18 March 2017

simply, a bird in hand is better than two in the bushes... ca exams are the toughest as well as unpredictable.... I am not saying you are not capable to attempt both... but in general conditions like this I would suggest to finsh the first group in this exam itself and you may attempt for exemption in costing... and also test your knowledge ( and luck) by just writing the other three papers of second group...dont take anyones suggestion or opinion blindly... think about it and decide considering the time available and all....all the very best

CA Ruskin B (Member) (2602 Points)
Replied 18 March 2017

for audit, study the important topics by writing...make your own key words or stories for remembering points under a topic.... relate any topic with real life incidents.... this may help you.... a forty in audit may help you to clear as set off available fron sfm... but don't take risk in the audit paper... attempt for getting atleast 50 so that it can stand its own... people fail in groups due to failure in audit and isca alone.... just be cautious... thats all...