How to Cope with PCC/IPCC and
CS executive
As we all know CA exam are starting for 1 st week of November and CS from 26 December, Many stiudent are appearing for both PCC (or IPCC) and CS Executive as well in coming months .
I got many queries about coping up thses two intermediate course , I am posting this forum for all my peer students and request expert and eminent members to advice further
1. At first complete common papers and topics of CA and CS for example Company la(section 1- 197), corporate Accounting, some labour laws, Taxation. which is common in CA and CS just read them in toto.
2. Make a study plan and implement it, before your CA exam just read CAs subject nothing else and if time left (i.e u completes CA preparation before exam )then also concentrate on CA revise it properly . your CS exam is after 2 months (approx) of CA exams - in these two months complete entire CS syllabus in 45 days and last 15 days for finishing and revision.
3. If need any help , let me and other members of this club know, they are too co-operative.
assuming You are not taking any tuition for CS paper i will say
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Group 1
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General and commercial law
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ICSI material is Enough- if you have time prepare running notes (not proper notes). Scanner question are very very very important for this paper – so read them three time more in campare to other question. better understand with help of examples rather the mugging up provisions.
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Corporate, cost & management Accounting
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It is like a eating a cake for a PCC student. But don’t be over confidence. Just once solve all the ICSI material question and scanner question. Two chapters are there which are not in PCC. Leave them for a while and if you have time after completing other chapter, then only put your nose in that chapter.
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Tax law
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Same as above, very easy for a PCC student. But don’t be over confident once again.. four or five chapter are there which are not in PCC. But they are not so deep so complete them (as u must be having ur article experience for combating against them ) for that chapter. IDT part is of 40 marks and consist of service tax and VAT, prepare very them carefully. emphasis on understnading as objective question are dominant
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Group 2
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Company Law
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I will say this paper is like a sea of provisions, but interesting provision. At first complete section 3 to 197 which are in PCC law syllabus, then section 209 to 227 (account and auditor )in PCC / IPCC audit syllabi of PCC. For other chapter (if you think it is not possible to read ICSI book ) read the guideline answers of past 4/5 years (8/10 terms). Don’t buy any book. IF you have any PCC notes read them, do not make any notes as you will be having very few days in your hand at that time
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Economic & labour Law
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Mixture of tough and easy , Big and small , interesting and monotonous chapters. (everty think can not be interesting ). Again complete PCC chapters like Gratuity, Bonus and PF Act. better start with economic law from back i.e. money laundering, FEMA, FCRA, Trade mark, Copy right and patent Act, Essential commodity and measure and weight Act and IDRA . Leave other chapter prepare them from the guideline answer of past 4 years (8 terms). Same with all labour law prepare them from the guideline answer of past 4 years (8 terms)
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Securities Law & compliances
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First complete issue management part consisting of 40 marks and only 3 chapters. A lot of SEBI amendment came this time. make sure u read them. Read Important chapter from book( stock market , capital market , and intermediaries) for part A , and if no time left then the mug up guideline answer for remaining chapters
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· This study strategy is as per my consideration, that I wrote it thinking that - what will i be doing , if I would be in ur position . so alter it as per your benefit and comfort.But to tell you the truth i have studied all apapers and chapter from ICSI materialm, as i hae enough time in my habds
· As I said earlier, members of this site are very co operative and helpful. I case of need let us know.
All the very best for your IPCC/ PCC and CS exams;
And have a Great life and career ahead
Remember luck favours hardwork
One should not simply depend on luck because luck means which we get very few times.If we get many times than it will not be said as luck.I believe in true hard work
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