08 July 2015
Hello sir I am going to write my IPCC this November.I have started preparing but there are too many books alongwith the institute books and this makes me get stuck with preaparing for one topic alone for a long time.
My question is will the study material and practice manual alongwith RTPs & MTPs be sufficient for exam preparation.
Or leave full the icai materials and just fully follow reference books? Which is better sir
Please help?!
As per my opinion simply use ICAI study material along with PM and RTPs. But there is no harm having very selective reference books just for reference purpose.
You may go for the following options regarding reference books for CA PCC/IPCC along with ICAI Study material:
Accounts- Shukla & Grawal Auditing- VK Agarwal OR Padhuka Law- Munish Bhandari OR M.P. Vijaykumar Ethics & Communication- M.P. Vijaykumar OR Padhuka Costing- S.N. Maheshwari & Padhuka F.M.- Saxena & Vashist & Padhuka Taxation- (i) For Tax Theory refer== T.N. Manoharan/ Girish Ahuja (ii)For Tax Numerical refer == Dr. Vinod Singhania/ Information Technology- Padhuka or Dinesh Madan notes Strategic Management- Padhuka + ICAI Study
Also refer Scanners and Suggested Answer issued by ICAI for previous year exams and revised them properly.
For some good notes explore CAClubindia forum and share file section. You may also use search facility of club.
I would strongly suggest you all to stick to the basics of study to avoid further failure and ensure success. There is no need to make drastic changes in your preparation method. In CS and CA exams scanner, practice manual, revision test papers along with Institute study material plays an important role so take reference and plan your study accordingly. For me some basics of study are as follows:
1. Timely completion of course material—Very first basic thing is to finish your course to have better idea of course structure. This will also help you to prepare a good revision schedule along with study plan.
2. Timely revision-- Another basic study point is to give ample emphasis to a good revision plan. There is nothing is this world which can substitute a good revision plan. To succeed revision is must.
3. Ample amount of practice of Numerical [account and cost] questions-- One major reason of student failure is bad performance in practical questions. So ample amount of practice of Numerical [account and cost] questions is must along with perfect conceptual clarity.
4. Right amount of theory preparation in practical subjects—Most of the students don’t give due value to the theory in the practical subject. So right amount of theory preparation in practical subjects is equally important. The best way to solve this issue is to prepare notes of frequently asked theory questions from Scanner.
5. Selection of right books—Another basic point for good preparation is the selection of right reference books. So take help from your seniors in choosing right books.
6. Good presentation of theory— Lack of good presentation especially in theory paper is one of the major drawbacks for most of the students. In theory subjects good presentation of theory is must along with mentioning case laws and sections etc. So I’d request you all to take note of the same.
You are advised to regularly check the link given below to keep you in sync with latest amendments and keep a track of changes in Syllabus and various amendments from the BOS knowledge portal of ICAI: