Ipcc a/c

Dear Rajat,

Here are some tips

1. Practice full length papers:

During Revision, it is necessary that you create an exam scenario at your home/ study place, and practice a full length exam, ideally 2 -3 tests in this month, say every Sunday. Not to judge how correct your answers are but for you to get comfortable to sit at one place for three hours, feel the tension of the questions, the time available and get used to the fears that you may face in the exam.

2. Revise RTPs and Study Material before the exam:

The unpredictability of the paper pattern is a complaint we receive often. Well, this is a myth. I have observed that what feels new to most students would be the problems exactly given in the recent Revision Test Papers (RTPs) released by the ICAI or from the Study Material available with student, possibly with changes here and there. Some very typical problems are given in both these sources and it is very important that you cover everything from these two sources. An advantage of going RTPs is that, you will notice recent changes that the ICAI has made to the scope of the syllabus which are presented in the form of theory questions/ problems, that you will not find anywhere in your studying material!

3. Presentation of answers:

Evaluations of CA examinations are based on an “answer key” which is prepared by the ICAI for all evaluators. The evaluators follow this answer key to mark your answers. Unlike CA CPT, marks are given for the steps and working in CA IPCC and not just for the answers. So make sure you are writing all the necessary steps, showing all the calculations and working notes and presenting your answers in a legible manner without too many cancellations. Even if your Balance Sheets don’t tally, don’t panic. Make sure your working are clear. If you get the basic presentation right, your marks are assured for that.

Make sure that the headings in your working are identical to the ones given in your exam.

4. Timing the question paper, reading time and revision time:

It is necessary that you familiarize with the pattern of the paper this month for all your subjects. With respect to Accounting, Question 1 is always compulsory, after which, 6 questions follow, out of which you are required to choose and attempt 5 questions.

Reading time

You are generally given 10-15 minutes reading time before the exam actually starts. Make sure you make the most of this reading time by doing the following –

• Read you question paper completely at least once
• Familiarize yourself with the questions asked
• Choose what you are answering
• The order in which you are answering
• Allocate the time you should take for each answer.

Always take the reading time seriously and don’t jump into answering the paper as soon as you see it. Reading the paper and calming yourself in the interim is an essential exercise.

Writing time

When you start writing, make sure you are beginning every question on a new page. Question 1 takes a lot of time, so allocate 40 mins for that. In case you take more than 45 minutes and are still nowhere close to your answer, leave it and proceed to the next question. Wasting time on one question for almost an hour crushes your confidence during the exam as you feel the stress of reducing time and the pressure of the questions yet to complete.

Also, it is always advantageous to attempt the questions which you are more confident about first.

Revision time

Allocate the last 10 – 15 mins for revision. During this time, make sure you have numbered your questions properly and you have made no silly mistakes. You can allot 5-10 minutes more of revision time towards the end if you have left answers midway so that you can come back to finish the later. When you come back to the questions you were struggling with earlier, you look at them from a fresh perspective you are able to tackle them better. So time your paper smartly!

Here is the link to the Article: https://www.qli.co.in/tips-tricks-ca-ipcc-exams/

All the Best!