How should one persue the revision of Group II IPCC in one month effectively and efficiently ......
Please Advice......
varahi
(STUDENT)
(2373 Points)
Replied 31 March 2012
THERE ARE MANY OF THEM IN CCI WHO GIVE VERY NICE OPINIONS...
MY SMALL SUGGESTIONS REGARDING PREPARATION FRNDS..
IF APPEARING FOR BOTH GROUPS MEANS, ONE SHOULD STUDY INFO TECH BY CONCENTRATING ON FLOW CHART DECISION TABLE, THEN MUST START STUDYING COMPUTER NETWORKS AND INTERNET AND CONCENTRATE ON STRATEGIC MANAGEMENT CONCEPTS.. SPENDING TWO HRS A DAY WITH FULL CONCENTRATION CAN MAKE THIS TO BE DONE EFFECTIVELY... COMPLETE RTP THOROUGHLY... PRACTICE MANUAL IS MORE THAN ENOUGH FOR INFO TECH..
IF APPEARING ONLY FOR SECOND GROUP THEN ONE CAN ALLOT MORE TIME FOR THIS SUBJECT BY KEEEPING ONE HR FOR REVISION OF STUDIED TOPICS FOR EACH SUBJECT..
AUDITING - ONE MUST BE CLEAR IN CONCEPTS...AFTER COMPLETING COMPANY AUDIT AND SPECIAL AUDIT, VERIFICATION VOUCHING.. ONE MUST DAILY STUDY TWO SA AND UNDERSTAND CONCEPTS AND NOTE OR UNDERLINE KEY POINTS WHICH LL B EASY FOR REVISION..
THIS COVERS MOST OF TOPICS...
FOR ADV ACC ONE MUST BE CLEAR ABOUT FORMATS AND CONCEPT BY READING THE NOTES AND TAKE ILLUSTRATION FOR HOW TO DO...AFTER WHICH WE MUST SOLVE ONE PROBLEM FROM EACH TYPE...SUM WHICH CONTAIN MORE COMPLICATIONS MUST B WRITTEN IN SEPERATE NOTE SO TAT WE CAN REVISE ON DAY BEFORE EXAM....
ALL THE BEST HAPPY DAYS
Harshal Fifadra
(Chartered Accountant)
(1489 Points)
Replied 31 March 2012
At first the student must Revise the Accounting Standards by solving the practical problems associated with the STANDARDS available in the practice manual , CA CLUB INDIA site , past papers , RTP
Similar thing must be done for the problems of Advanced Accounting
Secondly for audit , one must be well versed with the Audit Standards , Company Audit , and other chapters . For revision the student must not revise each and every answer , concept revision is Nice ! for e.g in the vouching and the verification chapter there are certain points which are applicable to all the answers . A list of points for these answers need to be made , however , the student must know th unique point in each answer .
For SM and IT , the student will have to mug up some things which need to be revised again and again .The student must be good at FLOWCHARTS and CASE STUDY to score well . In SM the student must have knowledge of all the concepts so as to crack the CCASE STUDY as well as be able to write on any concept relevant to the question .
Best of Luck !!!
Ok ..
CAclubindia
