Tips to attend Paper

Thanks. I also Like to know how to prepare for SFM

 PAPER - 2 – MAFA



1.    Padhuka Publications – Sarvana Prasath & Sai Mukundan authored book is sufficient for exams.



2.    Padhuka Publications books have the following advantages:



a.    It is in very simple English & QA Format

b.    The coverage is based on the Institute Material

c.    It covers the Suggested Answers for at least past 10 years

d.    It covers RTP at least for past 10 years



3.    Time will be a constraint. You can spend at the max half an hour for each question (attending anything between 80 to 100 marks is really good)



4.    Never attend Q.No 1.first. Start with any other question because always the compulsory question will be tricky or time consuming.



5.    The pattern of the question paper is as follows:



a.    You have to attend 5 out of 6 questions

b.    Every question is for 20 marks (20x5=100)



6.    Theory questions will be very simple and straight forward and please don't ignore theory as they ask at least 20-30 marks theory in exams. It will help in scoring and also clearing the exams.



7.    Please go through the RTP prescribed for your attempt, as sometimes the exam problem is one of the RTP questions.



8.    Keep practising the problems during your preparations. It will give you momentum and will let you know which problem will take how much time in exams



9.    If you glance the recent papers you can observe that at least one question is asked from every topic either (theory / problem). The objective being coverage of entire syllabus. So please don't leave any topic. Read everything



10.    Prepare formulae for every topic. Then do the following



a.    Read the theory first

b.    Then Read the formulae

c.    Then practise problems



11.    Read the formulae 2-3 times so that you get well versed with them and can work out the problems quickly.

 PAPER - 3 – AUDITING

1. Padhuka Publications – Sarvana Prasath authored book is sufficient for exams nd it is a very good book







2. Padhuka Publications books have the following advantages



. It is in very simple English & QA Format



. The coverage is based on the Institute Material



. It covers the Suggested Answers for at least past 10 years (More than 10 yrs)



. It covers RTP at least for past 10 years







3. Never attend Q.No 1.first. Start with any other question because always the compulsory question will be tricky or time consuming.







4. The pattern of the question paper is as follows:



. Question No. 1 (Prof Ethics) & 2 (Accounting Standard & Guidance Notes) are compulsory



. You have to attend 4 out of rest 5 questions



. Time will not be a constraint. You have half an hour for each question.

5. Please go through the RTP prescribed for your attempt, as sometimes the exam problem is one of the RTP questions.







6. If you glance the recent papers you can observe that at least one question is asked from every topic either (theory / problem). The objective being coverage of entire syllabus. So please don't leave any topic.







7. Write the answers in points. It will fetch you more marks.







8. Get the latest supplementary from the Institute relevant to your attempt.







9. There is a very good analysis in Padhuka book about the important topics and the weightage of marks from exam point of view. The reading preference can be in the same order.

 PAPER – 4 - LAW

1. Munish Bhandari authored book (latest relevant for your attempt) for CA Final is sufficient for exams.(Big book)



2. The pattern of the question paper is as follows:



a. Q.No 1,2,3 are compulsory

b. 4 more to be attended out of 6 questions

c. In all 7 out of 9 Q to be attended

d. You can take at the max 25 mins for each question

e. Time will be sufficient to answer all the questions.



3. Approx 70 marks will be from past questions

4. Never attend Q.No 1, 2, 3 first. Start with any other question because always the compulsory question will be tricky or time consuming.



5. If you have attended the class please go through the class notes first and then read the text book.



6. Please go through the RTP prescribed for your attempt, as sometimes the exam problem is one of the RTP questions.



7. Write the answers in points. It will fetch you more marks.



8. Get the latest supplementary from the Institute relevant to your attempt.

9. Please read the provisions very deeply as the exam questions are very tricky. (For eg Applicability of a Section to only Public Co’s and N.A. to Pvt ltd co’s)



10. Please see how to draft a resolution. Every attempt atleast 1 question is sure on drafting a resolution.



11. Don’t leave any topic, especially focus on Directors, FEMA, Interpretation of statues, SEBI, SCRA etc..

thanks for the Tips

 Thankx 4 the tips!!!!

Do give tips for the second group also.. tips are awesome man..

hi....Can u pls also suggest for PCC also?

 PAPER – 5 - Costing

1. Padhuka Publications – Sarvana Prasath Book is sufficient for problems & Theory



2. Operations Research Problems – 20 marks sure



3. Theory from OR & Costing – 30 to 40 marks sure



4. First read chapter 16 to 21 (Operations Research) – [Be thorough in theory and problems]

(Assignment, Transportation, Linear Programming, Learning Curve, Simulation, Network)



5. Next read chapter 9 to 15 (ABC, Target Costing, JIT, TQM, Value Chain, Budgetary Ctrl, Performance Measurement)– majority theory questions will come from these chapters



6. Next read chapters in the following order 1,4,5,6,7,8,2,3 (Basic concepts, Pricing, Service Sector, Relevant Costing, TP, Std Costing, Marginal Costing, Decision Making)



7. Marginal costing & Decision making read and understand the concepts ;spend more time on these 2 topics.

8. ABC, Decision making, CVP & Standard costing are regularly asked in exams.



9. When you go through the above authored material you will find many similar problems in a topic, while doing your first reading cut out the similar problems so that before exams you have the least problems for preparing.



10. If you have attended the class please go through the class notes first and then read the text book.

11. Time will be a constraint. You can spend at the max half an hour for each question. Always try to attend 100 marks but don't lose heart if you are not able to attend 100 marks. Attending anything between 80 to 100 marks is really good.



12. The pattern of the question paper is as follows:



a. You have to attend 5 out of 6 questions

b. Question number 1 is for 24 marks and is compulsory

c. Never attend the 1st question at the start as they are very tricky.

d. Other questions are 19 marks each (19x4=76)



13. Theory questions will be very simple and straight forward so please don’t ignore theory. It will help in scoring and also clearing the exams.



14. Please go through the RTP prescribed for your attempt, as sometimes the exam problem is one of the RTP questions.



15. Go through some past exam papers and feel the comfort that the same you can answer in exams well within the time frame.



16. Practice at least one problem from every topic/model. It’ll ensure that you have the momentum and also you will know which problem takes how much time to solve.

 Paper 6 - MICS

1. Dinesh Madan and module sufficient for exams



2. If you have attended the class please go through the class notes first and then read the text book.



3. The Subject is full of technical jargons so you need to read the subject again and again say 2-3 readings to get used to the said language.



4. The questions in exams can be of 2 types



a. General Questions – (Example – What aspects will you check while purchasing a computer)

b. Specific Questions – What is DSS.? What are the different kinds of DSS tools.?



5. So for general questions you can write general answers, however for specific questions your answer should be to the point.



6. The pattern of the question paper is as follows:



a. You have to attend 5 out of 7 questions (20 marks each)

b. Question number 1 is compulsory

c. Never attend the 1st question at the start as they are very tricky.



7. Time will not be a constraint. You can spend at the max half an hour for each question. You can easily attend 100 marks within the time given.

8. If you glance the recent papers you can observe that at least one question is asked from every topic either. The objective being coverage of entire syllabus. So please don’t leave any topic. Read everything.



9. Write the answers in points and sub headings. It will fetch you more marks.



10. Wherever possible quote examples.



11. Please go through the RTP prescribed for your attempt, as sometimes the exam problem is one of the RTP questions.



12. Go through some past exam papers and feel the comfort that the same you can answer in exams well within the time frame.

nice tips,,,,could u plz provide  tips for ipcc too !!!!!!!!!

 Paper 7 – Direct Taxes

1. (Gurukripa - Padhuka Publications – Authored Sekar) / Manoharan / Singhania is sufficient



2. If you have attended classes than first read class notes and then read the reference material



3. Read the provisions deeply because the questions will be very tricky.



4. Time will be a constraint. You can spend at the max half an hour for each question. Always try to attend 100 marks but don't lose heart if you are not able to attend 100 marks. Attending anything between 90 to 100 marks is really good.



5. The pattern of the question paper is as follows:



a. You have to attend all the questions (There is no choice)



6. Please go through the RTP prescribed for your attempt, atleast 10 marks comes from RTP

7. Please read recent amendments & get the amendments book from the Institute relevant to your attempt. Atleast 20 marks will come amendments



8. Please get the select case laws book from the institute relevant for your attempt. Atleast 10 marks will come from the select case laws.



9. Keep practising the problems during your preparations. It will give you momentum and will let you know which problem will take how much time in exams



10. Wealth Tax – Sure 10 marks.



11. Assessment Procedure / Appeals / Refunds / Penalties – 10 marks sure



12. 10 -15 marks problem surely (Anyone from the following topics)



a. Sec 115 JB

b. Partnership

c. Computation of Taxable Business Income

d. Computation for Individual / Salary

 Paper 8 – In Direct Taxes

1. (Gurukripa - Padhuka Publications) / Bangar / Datey is sufficient. (Follow only one latest book)



2. If you have attended classes than first read class notes and then read the reference material



3. Read the provisions deeply because the questions will be very tricky.



4. Time will NOT be a constraint. You can attend 100 marks very easily. (This is a scoring subject. Target should be above 70 marks)



5.Preference of Study can be as follows

a. Excise

b. Customs

c. Cenvat

d. Service Tax (32 Services)



6. The pattern of the question paper is as follows:



a. You have to attend 6 out of 9 questions

b. No choice in ST Questions

8. Please go through the RTP prescribed for your attempt, atleast 10 marks comes from RTP



9. Please read recent amendments & get the amendments book from the Institute relevant to your attempt. Atleast 20 marks will come amendments



10. Please get the select case laws book from the institute relevant for your attempt. Atleast 10 marks will come from the select case laws.



11. Pattern of Paper

            Excise          – 50 Marks

            Custom        - 35 Marks

            Service Tax – 15 Marks