SUGGEST ME HOW TO PREPARE FOR SECOND GROUP.
jagannadh (TRAINING MANAGER) (175 Points)
02 February 2010
6 Replies
zishanali
(all)
(34 Points)
Replied 02 February 2010
i wana ask i give 5 attempt registration is neccesarry for next attempt or not or i got examption before 3 attempt so my examp is expire or not?? plz help me
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 02 February 2010
In second group conceptual study is very important. Find below some of the suggestions.
Don’t change the book again and again. First focus on understanding the concept and then practice the selected book. After solving a particular author’s book solve all the questions of scanner without any help.
First understand cost accounting is a conceptual paper. You can not succeed in cost account without understanding the concept. So work very hard to make your concepts crystal clear. For preparation of cost account first understand the concept from study by practicing study material questions. After that practice scanner and compilation questions.
In practical paper also theory paper plays an important role. As per my advice prepare your theory notes yourself well in advance including the answers of frequently asked questions. This process helps you to understand the concept and save your time to search theory part here & there at the exam time. However if you got some really good notes you may use them.
As per my suggestion also practice the questions given in the study material provided by ICAI especially when you opt self study. However if you are taking professional coaching then you may avoid study material questions as normally notes provided in private coaching includes study material questions.
Don’t use different notes rather I would suggest select your notes before starting final Examination preparation
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 02 February 2010
Dear Zishan,
I think re-registration is not required and your exemption after 3 attempts is lapsed and you have to attempt the paper again.
Regards
Praveen Kumar Agarwal
(Accountant)
(180 Points)
Replied 03 February 2010
according to me, group 1 of pcc is easier than the group 2. so group 2 require more labour. i have just cleared the 2nd group and i know taht passing the group 2 is not a joke. But after passing my exams i experienced that if some one want to pass the 2nd group then he can do as follows:
1) In cost & FM, prefer FM because the syllabus of FM is lesser than the Cost. Student shall prepare for FM so good that he can attamt the whole part of FM. If student will be able to score good marks in FM then he will be able to score high in the whole paper as well.
2) In taxation student will have to go trough all the imp. provisions. And try to attempt the whole paper.
3) In IT & SM, prefer SM because SM is high scoring subject. I cleared this paper by studying only one day before the exam. i did not even open the mat of IT.
jagannadh
(TRAINING MANAGER)
(175 Points)
Replied 04 February 2010
thank u ankur and praveen.THIS TIME I WLL NOT GIVE ANY CHANCE TO FAILURE.U WLL GET MY RESULT IN AUGUST.
CA.ViVeK M ACA
(ACCOUNTS DEPARTMENT)
(28544 Points)
Replied 04 February 2010
Cost and FM is realy conceptual oriented problems...Here number of the problems solved will not produce any result .
But you can crack the costing no doubt , buy padhuka book for cost and FM...
You must understand the concept behind each chapter....Say, ABC is based on a particular allocation of cost on the basis of activity drivers....Cost as well as the drivers have direct relationship...for this you must have a basic knwelege of departmental allocation of OH.
Make a good anaysis of past relavant questions ...give more focuz over there...
While solving the problem first you try to solve the basic simple problem and that will build up the confidence...
Solving the problem shall be without depeding the solution much...Think your self about solution...but it will be feasible over a period of time only
Infotech is not a difficult ....Classify the chape
rs accoridng to the weigtage.....flow chart is important and...Better start trying a good notes...
step no 1
Reading first
step 2
Understand the concept
step 3
Document the concept in a note book..Note shall contain all the relevant area with good heading and sub heading..Adopt the nmemonic way
step no 4
Revising the concept in a reasonable time period
step no 5
Write the concept in your way to the exam..
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