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Failure..back to back

AASHI (Pursuing articleship) (1482 Points)

15 February 2012

My profile

Aashi Jain

PCM student

CPT attempt 1

IPCC failed four times with following marks

May 2010 130

Nov 2010 131

May 2011 153

Nov 2011 177

highly pissed off now..

Always failed in cost fm so this time i have joined a class.

Law- I have always passed in law and studied from padhuka. Now it feels i ve read each and every page of law thrice or even more and i am highly bored with it. Should I change the book?

Accounts marks: 32,36,44,54

Tax-No problem at all(VK Singhania)

Please suggest anything which you think might be helpful for me to pass for all subjects individually.

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36 Replies

satish (Service) (901 Points)
Replied 15 February 2012

Dear Aashi,

Good that you have come out to ask for help. I can understand your situation as some students go through - all you require now is self confidence and committment to puruse this course. I woudl recommend you to identify your gaps on where you tend to miss out in exams. Is this about Reading the problem, Application of concepts, Any missing links on certain concepts .

Accounting - you have shown improving trends but look for areas where you have neglected in the past and ask for clarifications and help from your teachers or in this forum.

Follow the style and books you like and do not change it now unless it is for some specific purpose in terms of new learning. Its not about books - its about kowing all cncepts and confidently approaching.

You have 75 days and this is good time to crack the exam. Your effort shows in the result of 131 to 177.

Next time you need to plan for atleast 60mark+ from current levels which will get you the minimum marks.

Write to me any time and let me know how can i help you .

Satmai45 @ gmail.com

Regards,

Satish

Teacher,Mentor & Coach

Tejas learning Centre

Bangalore , HSR layout.

About me : YOu can read in the profile section

2 Like

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Lakshmi Parasuram (1) (263 Points)
Replied 16 February 2012

hi Aashi,

There is a lot of improvement in your marks from your first attempt which is a very positive sign. So there is no reason to get dejected. I think from every attempt you are getting more understanding of the concepts which is good for your future. I think that you have now got good grip over accounts and easily score more than 60% which means that you need only scroring 140 marks in the other subjects. As you have no problems with Law and Taxation you need more time on costing . Being a PCM student you must be good in Maths which woulld come handy in solving problems in financial management. You may get some books with solved problems for costing$fm as well as RTPs for revision and learning the new changes. Hoping to see you in the pass list in the May 2012 exam result.

1 Like

Tony G (Vice President but looking for a different meaning to life) (251 Points)
Replied 16 February 2012

Dear Aashi, you have 2.5 months left. For law, use Munish Bhandari's handbook. It is short, concise and will help you to score good marks in law in a short span of time. For ethics and communication, use any concise book which u find in the market. It will be easier than law. For Accounts, purchase padhuka and work out only ICAI study material and Past Exam and Past RTP sums. For concepts in accounts, use padhukas. FOr AS, Use DS Rawat's book. For Tax, you said you have no problemn at all...so carry on with ur book. Or if u feel that u are compressed for time, Use TN Manoharan Sir's book. Finish Recent Amendments first. Then Finish Service Tax and VAT first. You would have around 40% of IPCC taxation by this. Now proceed to the remaining Chapters and finish them one by one. Regarding Costing, I would suggest the same strategy as accounts, purchase padhukas and work out both ICAI study material probs and past exam and past RTP probs in it and concepts, i think it is very well covered in Padhukas itself. Instead of digging wide using lots of books, you can dig deep using these books alone...ALl the Best..Good Luck

Just_K!R@N (Passed CPT => IPCC Nov 14 => Final) (99 Points)
Replied 16 February 2012

Always look at the positive side.......

From 130 to 177, not bad at all. If you do the calculations this time definately its going to be above 200 :-) all the suggestions above will definately help you to get there. Still you have some time in hand and I will just suggest you not to spend it on tihinking of the past. Be well Prepaired.......

Rahul (Accountant) (105 Points)
Replied 16 February 2012

Just look into the mirror and say"""""Ye banda sab kuch kar sakta hai""""......!!!

2 Like

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CA Mayur R M (Chartered Accountant) (60 Points)
Replied 16 February 2012

Absolutely Yaar!!!.....Just say YES I CAN.....ALL IS WELL......

All the Very Best to You.....

vishu sharma (CA) (61 Points)
Replied 16 February 2012

dear ashi the same problems are also with me. but now this attempt i get 45 rank in ipcc exam you know how.

1st of all initially start your work.

do study as like this is ur first attempt.

in failure subject or in difficult subject you should prefer a good book those folloe point to point approach. for example for a/c u shoud study tulsian book if u doing self study. the most imp. think is that if u take no, any coaching then you should not use coaching books .

I HOPE YOU CLEAR UR FIRST ATTEMPT IN FIRST TIME GUD LUCK

2 Like

Jitendra Vyas (Commercial Officer) (178 Points)
Replied 16 February 2012

Please Find why you are failed irrespectively examination it is useful in each and every aspect of life , when you are getting reason of failure you may taken corrective step for that " It is and management policy you can use " .

Cheranjit Das (CA FINAL) (202 Points)
Replied 16 February 2012

This is not the book which will make you pass the exam..But it is your talent, dedication and hard work which will help you.

If you just want to pass the exam do the following thins

1. Do not read 11-12 hours every day...This time read 3-4 hours, but try to understand the topic you read. Do not just memorise it understand it and everyday think on any topic for at least 1 hour conceptually.

2. Try to relate one chapter with another. For example there is a simple relation between leverage and marginal costing. The main theme, i.e. the formula to calculate the cost it quite sam.

3. When you are preparing a chapter always see in how many places or exems it is going to help you. For example if you are doing AS-3, you are doing an AS, plus practical part of Cah flow Statement which will help you both in Accounts and FM.

4. Make a note book of mistakes. Whenever you do a mistake write it down there. Writing for once means reading for 3 times. So next time you will not make the same mistake again.

5. In group 1 you have 9 Accounting standards read each and everyone, solve every problem you can find on it. And revise it as many times as you can. And when you are answering any question on AS try to follow a good writing style, just like practical problems on law, You can follow this style, it worked for me

1st line : mention the AS number and name:
The given problem is baesd on AS-2, valuation of Inventory

2nd line : mention what is written in the AS about the given situation:

As per such AS-2, Finished goods shall be valued at lower of cost and Net Realisable Value on individual basis.

3rd line: Now do the calculation/ analyze present situation:

On the basis of the above provision of AS-2, Inventory Can be valued as follows.
...........................................................................................................................................
4rth line: it is for conclution: just write down the decision you reached or the result of the calculation.
Hence the value of the inventory will be ..............

6. Costing requres huge practice with clear understanding.. So understand every line properly..then make clear idea....then start practise...Remember if you dont touch this subject for 2 weeks, after 2 weeks you have to start from the first page again...

7. Solve every question from Institute's material for Accounting, costing, FM and Tax.....80% of the paper came from there in November 2011 in Accounting and Advanced Accounting..............

I hope it will work for you.....and remember one thing if you try you can pass or fail ... But if you dont try you will definitely fail.....in IT & SM I got only 8 marks common...And I scored 44, coz I answerd every question based on my concept ...So dont think you will fail even if every question is uncommon....Read conceptually and you will surely answer something, which will make you pass....Best of luck..........

4 Like

Naresh (CA ) (365 Points)
Replied 16 February 2012

Buy p.c tulsians book for costing....I can assure it will be a great help...why changing book for law, if you are passing...only other book I can think is Munish bhandari

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UDIT (CMA STUDENT) (293 Points)
Replied 16 February 2012

dont worry believe in urself u will succeed. i failed also 4 times in icwa inter but trying my best without any hesitation.

kartik shah (CA Final) (48 Points)
Replied 16 February 2012

HI,i have also problem as you.I have got 177 in may-10 ipcc(Costing -31) and 168 marks in Nov-10(Costing - 32)

I always belive in positive thinking and believe that something is missing so that i got failed.I continuosly analysed it.

I found that i am conti failing in cost-fm.i start afraid from that subject and think that what happen in final as it contains 200 marks in CA final.How i become CA?

From that day i have decided that i will learn by heart this subject and make it my most favourite subject.I have start working day and night for this subject and luckily i find it very interesting.I start solving query for this subject of my friends of library.

And i appered IPCC Group 1 in May -11 & SCORE-221(Costing - 66 marks).it's more then my costing marks total of last two attempts(31+32).

In Nov - 11 i have pass my 2nd group.

I just say you AASHI that pls don't under estimate yourself , take it as challenge.You can do it.Just one time make analysis that where you missing? do a lot of hard work and get exellence in that subject.....Once you got your confidence back no one can stop you dear.

Forget past and start working a great future waiting for you...after six months you are final student...Pls be +ve,belive in yourself and do your best then leave result on god.Don't take any tense,enjoy study...OK?

Thanks & Reagards

Kartik A shah

2 Like

Hardik Dave (IPCC and CS Professional(FINAL) Student) (15533 Points)
Replied 16 February 2012

Read institute modules, practise manuals and also RTP and suggested answer of november 2011 and previous examination .smile. U will sure pass.

SMajumdar IPCC - article comld (not applicable) (31 Points)
Replied 16 February 2012

Hi all,

I am an CA Inter - Article Completed old student converted to IPCC and had taken the IPCC Group 1 exam last May 2011 but could not clear and got around 145. I have not taken the exam after that.

Initially i thought lack of practice and the exam i took after long time effected me but now as i have understood its not easy task at all. You need thorough preparation in all four subjects if one has to pass group1.

I guess one should get into real life mock exam practice in advance in order to crack the exam easily.

Mock exam practice would definately help in the long run.

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Failure..back to back

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This is not the book which will make you pass the exam..But it is your talent, dedication and hard work which will help you.

If you just want to pass the exam do the following thins

1. Do not read 11-12 hours every day...This time read 3-4 hours, but try to understand the topic you read. Do not just memorise it understand it and everyday think on any topic for at least 1 hour conceptually.

2. Try to relate one chapter with another. For example there is a simple relation between leverage and marginal costing. The main theme, i.e. the formula to calculate the cost it quite sam.

3. When you are preparing a chapter always see in how many places or exems it is going to help you. For example if you are doing AS-3, you are doing an AS, plus practical part of Cah flow Statement which will help you both in Accounts and FM.

4. Make a note book of mistakes. Whenever you do a mistake write it down there. Writing for once means reading for 3 times. So next time you will not make the same mistake again.

1st line : mention the AS number and name:
The given problem is baesd on AS-2, valuation of Inventory

2nd line : mention what is written in the AS about the given situation:

As per such AS-2, Finished goods shall be valued at lower of cost and Net Realisable Value on individual basis.

3rd line: Now do the calculation/ analyze present situation:

6. Costing requres huge practice with clear understanding.. So understand every line properly..then make clear idea....then start practise...Remember if you dont touch this subject for 2 weeks, after 2 weeks you have to start from the first page again...

7. Solve every question from Institute's material for Accounting, costing, FM and Tax.....80% of the paper came from there in November 2011 in Accounting and Advanced Accounting..............