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Ipcc - group 2 imp topics

vaibhav (student) (221 Points)

25 April 2014

Dear can you advice me for Ipcc gr 2 main topics to be studied for Advance Ac nd Auditing. Regards.

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sidhant saha (prop) (1394 Points)
Replied 26 April 2014

Important Topics for IPCC - 2nd
Group:
{MUST SHARE 2 HELP OTHERS ALSO}
Advance Accounts -
1. Criteria for classifying Level II
Non-corporate entity - 4 Marks
2. Dissolution of Partnership Firm
- 16 Marks
3. Internal Reconstruction - 16
Marks
4. Underwriting - 6 Marks
5. ESOP or Buy-Back - 5-6 Marks
6. Electricity Accounts -
Depreciation & Average Capital
Cost - 8-10 Marks
7. Branch Accounts - Not Foreign
Branch Question - 8 Marks
8. Insurance Accounts - Revenue
Account - 8 Marks
9. Banking Accounts - P & L
Account or Segregation in Tier I &
II Capital or Rebate on Bill
Discounted.
10. AS - 4,5,10,11,12,16,29
Audit -
1. Special Audit - Hotel,
Proprietary Audit, Local Bodies,
Charitable Institution, Hospital ,
Club & Cinema Hall. (8-12 Marks)
2. Company Audit 1 & 2 - (16-25
Marks)
3. SA - 200,500,330,299
,520,505,315,570.
4. AS - 4,5,6,10,26,29
5.Inherent Limitation of Audit ,
Sufficient & Appropriate Audit
Evidences, Internal & External
Evidence, Audit working papers,
Audit Trail, Audit under EDP,
Vouching of - Rental, Receipt,
Assets acquired on Hire purchase,
Sale of Investment, Subsequent
Events.
6. Modified & Qualified Reports
7. Audit of Alteration & Reduction
of Capital.
8. Risk of Material Misstatement,
Audit programme.
IT/SM -
SM :-
Chapter 7 - Bench Marking, e-
commerce/ ERP, Business Process
Re- engineering, TQM &
Traditional Mgt. Practices,
Rationale of BPR.
Chapter 6 - Diff. b/w Strategy
Formulation & Implementation,
SBU, Matrix Structure, Network
Structure and Value Chain
Analysis.
Chapter 5 - Penetration &
Skimming Pricing, Marketing
Strategy Techniques,
Implementing Supply Chain Mgt.
System.
Chapter 4 - Corporate Strategy
Formualtion implementation
process, Various Grand Strategies,
Concentric & Congolemerate
Diversification, Turnaround
Strategy.
Chapter 3 - GE Model, Ansoff's
Matrix, Product Life Cycle,
Common Driving Forces and BCG.
Chapter 1 & 2 - Strategic levels in
organization, Mission & Vision,
Objectives & goals, Task of
Strategic Mgt., Generic Strategic
Alternatives, Definition of
Strategy, Porter's Five forces
model, Kieretsus, Manifestation of
globaliztion.
IT :-
Do Flow Chart and Decision table
in starting. ( Chapter 5 & 6 ). Just
do all examples & questions of
study material and practice
manual 60% chances that
question in exam will come out of
it only. Both theory and practical
may be asked out of this chapter
so prepare well. Minimum 8 marks
question will be asked in exam.
Chapter 4 -
Short Notes : URL, Web Casting,
Firewall, Wifi, Bluetooth, EFT.
Long Ques. : Internet and its
uses, Components of Internet,
Tools to protect Information
against intrusions.
Chapter 3 -
Short Notes : Data Center,
Modem, Multiplexer, Bandwidtth.
Long Ques. : Types of internet
servers, LAN ( Complete Topic ),
Star & Mesh Networking,
Communication Interface Devices,
TCP.
Chapter 2 -
Short Notes : Data Dictionary,
DDL, Index Field, Data warehouse,
Mirror log, Online Backup, Real
time Data warehouse.
Long Ques. : Data Mining Process,
Problems of file processing
system, Best file Organization,
DBMS, Steps of Data processing
System.
*******
Friend my suggestion to those
who feel bored while studying this
subject that do read practice
manual at least as its easy for you
to read syllabus in question
answer format and almost 60-70%
course covered in practice
manual. And i am sure if you do
complete practice manual you can
score 50+ in this subject. But
make sure you will not do
selective study in it.
Wish you all the best