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ALL ABOUT ICWAI COURSE - BOOKMARK THIS

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Admission to ICWAI Qualification :-

Foundation Course:

Intermediate Course:

Eligibility for Admission:

a) 17 years of age; and
(b) Passed Senior Secondary Examination under 10+2 scheme of a recognized Board

Incumbents waiting for the result can apply for provisional admission

Eligibility for Admission:

(a) is not less than 18 years of age; and

(b) has passed degree Examination of any recognised University or equivalent

Incumbents waiting for the result can apply for provisional admission

Fees

Cost of Prospectus - Rs. 200/-

Postal Tuition Fee (including study material) - Rs. 3500/-

Oral Coaching Fee (including study material) - Rs. 3500/-

Click here For complete fee details

Fees

Cost of Prospectus - Rs. 200/-

Postal Tuition Fee (including study material) - Rs. 7000/-

Oral Coaching Fee (including study material) - Rs. 11000/-

Click here For complete fee details

Documents to be enclosed with application form:

1.        Bank Draft ( as mentioned above)

2.        Attested Copy of Matriculation Certificate

3.        Attested copy of 10+2 Certificate or Marks Statement

4.        Three photographs attested and pasted on the form

(Attestation should be by any member of ICWAI /ICAI/ /ICSI/Parliament/Stage Legislative Assembly or a Gazetted Officer or a Principal of a college)

Documents to be enclosed with application form:

1.        Bank Draft ( as mentioned above)

2.        Attested Copy of Matriculation Certificate

3.        Attested copy of 10+2 Certificate or Marks Statement

4.        Attested copy of the degree

5.        Three photographs attested and pasted on the form

(Attestation should be by any member of ICWAI /ICAI/ /ICSI/Parliament/Stage Legislative Assembly or a Gazetted Officer or a Principal of a college)

Syllabus

Syllabus

Registration form: Download

Registration form: Download

When to Apply:

Exams are held two times in a year i.e. on 11th to 18th June and on 10th to 17th December. 
For June Term Examination apply before 05th December of previous year and for December Term Examination apply before 05th June.

Where to Apply:

All students shall submit their Postal Application form, duly filled in together with relevant documents and remittances to their respective Regional Councils only.  Regional Councils and area covered by the region are given below:

Address of Regional Councils of ICWAI

Area Covered8.0pt;

Western India Regional Council 
"Rohit Chambers",4th Floor 
Janmabhoomi Marg,Fort 
Mumbai - 400 001 
Ph : 022-22872010/ 22841138/ 22043406/ 22043416 
Fax : 91- 022- 22870763 
Email :wirc @ icwai.org

Web site : www. icwai-wirc.org

The State of Chhattisgarh, Gujarat, Madhya Pardesh, Maharashtra, Goa and the Union Territories: Daman Diu., Dadra, and Nagar Heveli.

Southern India Regional Council 
4, Montieth Lane, Egmore, 
Chennai - 600 008 
Ph:044-28554443/28554326/28528219 
Fax : 91- 044- 28554651 
Website:www.sircoficwai.com 
Email: sirc @ icwai.org
 

The State of Andhra Pradesh, Karnatka, Kerala, Tamilnadu, Pondicherry and the Unition Terrritory: the Lakshadweep

Eastern India Regional Council 
84, Harish Mukherjee Road, 
Kolkatta - 700 025 
Ph : 033 -24553418 /24555957 
Fax : 91 033-2455-7920 
Email :eirc @ icwai.org

The States of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Maghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories: The Andaman and Nicobar Islands and Foreign Countries.

Northern India Regional Council 
3, Institutional Area, Lodi Road, 
New Delhi - 110 003 
Ph : 011 - 24626678 / 24615788 
Fax : 24622156 
Email :nirc @ icwai.org

The States of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajastan, Uttar Pradesh, Uttraanchal and the Union Territory: Chandigarh.

Candidates of Foundation, Intermediate and Final Examinations are allowed to exercise option for answering questions in Hindi

Students opting for oral coaching should contact respective Regional Council office or chapters



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Foundation Syllabus

The curriculum of the Institute is so designed that it is possible for a student to learn while earning, and after passing its examinations is equipped with all modern tools of Management Accounting. Subjects of the syllabus for Foundation are as follows:

FOUNDATION COURSES

1 Organisation & Management Fundamentals.  (Click to View Syllabus)
2 Accounting.   (Click to View Syllabus)
3 Economics and Business Fundamentals.  (Click to View Syllabus)
4 Business Mathematics and Statistics.  (Click to View Syllabus)

Download complete Foundation Syllabus in pdf format        

 

 

INTERMEDIATE COURSES

Sno Name
 
Group I
1 Financial Accounting  (Click to View Syllabus)
2 Commercial and Industrial Laws & Auditing  (Click to View Syllabus)
3 Applied Direct Taxes  (Click to View Syllabus)
 
Group II
1 Cost & Management Accounting  (Click to View Syllabus)
2 Operations Management & Information System  (Click to View Syllabus)
3 Applied Indirect Taxes  (Click to View Syllabus)

Download complete Syllabus in pdf format        

 

 

Final Syllabus

The curriculum of the Institute is so designed that it is possible for a student to learn while earning, and after passing its examinations is equipped with all modern tools of Management Accounting. Subjects of the syllabus for Final are as follows:

FINAL COURSES

 
Group III
1 Capital Market Analysis & Corporate Laws  (Click to View Syllabus)
2 Financial Management & International Finance  (Click to View Syllabus)
3 Management Accounting - Strategic Management  (Click to View Syllabus)
4 Indirect and Direct Tax Management  (Click to View Syllabus)
 
Group IV
1 Management Accounting - Enterprise Performance Management  (Click to View Syllabus)
2 Advanced Financial Accounting and Reporting  (Click to View Syllabus)
3 Cost Audit and Operational Audit and Ethics  (Click to View Syllabus)
4 Business Valuation Management  (Click to View Syllabus)

Download complete Syllabus in pdf format        


 



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Scheme for Practical Training to ICWAI students

With effect from 1st day of January 2008, every registered student under the Revised syllabus 2008 shall be required to undergo practical training for a period of 3 years on whole time basis to the satisfaction of the Council in any one or more of the following organizations given under clause 2 and in the areas given in clause 3 for the purpose of recognition for training.

A student working in any of the organizations specified in clause 2 in the functional areas given in clause 3 below shall be exempted from training.

1. Objectives of the Practical Training
  • To develop among the students the necessary skills required to apply theoretical knowledge of cost and management accounting to practical situations in different professional fields
  • Exposure to environments under which different organizations work
  • Providing on-job experience of practical aspects of Cost and Management Accounting

  • Developing disciplined attitude required for a professional
  • Awareness on ethical values in professional work
2. Organizations recognized for Training

Student working as Trainee will be hereinafter referred to as Cost & Management Trainee.  The Cost & Management Trainee shall undergo practical training under (1) Practicing Cost Accountant or (2) a firm of Cost Accountants or (3) in any of the following organizations under a professionally qualified person. The organizations other than the firms of professionals will be recognized for the purpose of training of the students if its annual turnover is Rs 5 crores or more. The authority under which the training is undertaken is referred to as ?rincipal?hereinafter.

  1. Central/State Government / Semi-Government / Public Utilities
  2. Banks and other Financial Institutions
  3. Insurance Company
  4. Public Sector Unit
  5. Public Limited Company
  6. Private Limited Company
  7. Information Technology Sector
  8. KPO / BPO
  9. Stock Exchange
  10. Universities, Management Institutes and any other educational institute
  11. Limited Liability Partnership Firm
  12. Management Consultancy Firms
  13. NGO
  14. Co-operative societies engaged in Banking, Manufacturing
  15. Any other institution as approved by the Council
3. Recognized areas for Training:
  1. Management Accounting
  2. Cost Accounting
  3. Financial Accounting
  4. Financial Management
  5. Auditing
  6. Regulatory compliances
  7. Direct Taxation
  8. Indirect Taxation
  9. Corporate Laws, Industrial Laws, Commercial Laws
  10. Systems Analysis, Information Technology (including ERP system)
  11. Project Management
  12. Banking Operations
  13. Insurance
  14. Valuation
  15. Financial Services
  16. Teaching in Finance, Accounts, Costing, Taxation, Management and subjects covered in ICWAI Syllabus (other than visiting faculty)
  17. Management Consultancy Services as defined in appendix 6 under Regulation 111 of CWA Regulation, 1959
  18. Any other areas approved by the Council
4. Procedure for Registration of Trainees

A student required to undergo training may arrange training on his own or may seek assistance from the Institute for the arrangement of Training. The Institute will maintain information on different organizations and firms interested to train the students and their respective areas of training to facilitate placing of the students for training.

The registration of trainees with the Institute shall be done by the student within a period of 45 days from the date of execution of the deed, arrangement of training in an organization or employment, as the case may be. In case of students already employed, the period of 45 days will be counted from the date of registration as student.

A student shall inform any change in the ?rincipal?or ?mployer?to the Institute with all relevant documents within 45 days from such change.

A. Documents to be submitted 

The Institute shall maintain a register of Cost & Management Trainees to keep records on fulfillment of different requirements for training such as ?period of training, name of ?rincipal?or ?mployer?under which training is undertaken etc. A student shall register with the Institute for the purpose of training with the following documents:

  1. In case of training in the Cost Accounting Firm, the Deed of training executed by the Principal and the student in the prescribed form.

  2. In case of training in an organization, the documents for deployment of trainee signed by an authority of the organization and the student in the prescribed form.

  3. In case of students who are working, the document(s) of his employment.

B. Fees for the Registration of Trainees

  1. A student shall pay Rs 1000/- as registration fees.

  2. A student who is working shall pay Rs 1000/- as registration fees and additional Rs 2000/- as exemption fees.

  3. In case of change of the principal or employer, the trainee shall have to register the necessary documents along with the fees of Rs 300/-.

5. Minimum Stipend to Trainees: Every Principal engaging a Cost & Management Trainee shall pay the following minimum monthly stipend to the trainee:
Place of training* PCA** / Organisations*** 1st Year 2nd Year 3rd Year

Town having population upto 5 lakhs

PCA

 

Rs 1000

Rs 1250

Rs 1500

Organisations

 

Rs 3000

Rs 3500

Rs 4000

Town having population more than 5 lakhs but upto 20 lakhs

PCA

 

Rs 1250

Rs 1500

Rs 2000

Organisations

Rs 3500

Rs 4000

Rs 4500

Town having population more than 20 lakhs

PCA

 

Rs 1500

Rs 2000

Rs 2500

Organisations

 

Rs 4000

Rs 4500

Rs 5000

For the purpose of fixing stipend, the figures of population shall be taken as per the last published census report of India.

** PCA means Practicing Cost Accountants.

*** Organisations as detailed in the Training Scheme, viz. Central/State Government / Semi-Government / Public Utilities, Banks and other Financial Institutions, Insurance Company, Public Sector Unit, Public Limited Company, Private Limited Company, Information Technology Sector, KPO / BPO, Stock Exchange, Universities, Management Institutes and any other educational institute, Limited Liability Partnership Firm, Management Consultancy Firms, NGO, Co-operative societies engaged in Banking, Manufacturing, Any other institution as approved by the Council.

The stipend under this regulation shall be paid by the principal to the trainee either by (a) a crossed A/c payee cheque every month or (b) by depositing the amount every month in an account opened by the trainee in his own name with a Branch of the Bank to be specified by the Principal.

6. Period of Practical Training:
  1. Period of Training shall be 3 years.
  2. A student working in areas other than those specified in Clause 3 shall be required to have experience or training of minimum six months in the specified areas as in clause 3 in addition to at least two and a half years experience in other than specified areas.
  3. After completion of the prescribed training, a student shall submit the Training Completion Certificate duly signed by the Principal/ Employer to the Institute.
  4. "Practical Training Completion Certificate" shall be issued to the student by the Institute.

7. Modular Training


A student shall undergo Modular Training for 15 days organized by the Institute at the end of his three years training to have comprehensive understanding on the working in different professional fields relating to Cost and Management Accounting.

 

8. Leave to Cost & Management Trainee:
  1. A Cost & Management Trainee shall be entitled to one day's leave with pay per month excluding the normal holidays.
  2. The trainee shall be eligible for one-month leave without pay for appearing in the examination of the Institute.
  3. The trainees availing leave in excess of the period of leave to which he is entitled to shall be required to undergo training for a further period equivalent to the excess leave taken by him.

9. Working hours of Cost & Management Trainee:

  1. The minimum working hours of a Cost & Management Trainee shall be 35 hours per week.

  2. Hours spent on any conference, course, seminar organized by the Institute/ Region/ Chapter shall be treated as period covered under training.

10. Restriction on Number of Trainees 
The Firms and the organizations intending to engage Trainees shall have the following restriction on the number of trainees:

 

Firm

No of Trainees

a)Practicing Cost Accountant (Associate Member)

5

b)Practicing Cost Accountant (Fellow Member)

10

c) Firms of Cost Accountants

Depending upon status of the partner as given in (a) and (b) above.
For the purpose of calculation of number of Trainees, the total number of trainees under a Cost Accountant as Individual Member and a partner in firm(s) shall not exceed the limit prescribed in (a) or (b) above, as the case may be.

Other Organizations  

Having annual turnover less than Rs 10 crores

5

Having annual turnover more than Rs 10 crores but less than Rs 100 crores

10

Having annual turnover above Rs 100 crores

10 plus one trainee for every additional Rs 100 crores, subject to maximum number of trainees 500 in an organization.




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TABLE OF FEES EFFECTIVE FROM 1ST JANUARY 2008 (FOR STUDENTS)

SL.

HEADS

Amount Rs.

FOUNDATION Rs.

INTERMEDIATE Rs.

FINAL Rs.

1. Cost of Prospectus 200      
2a. Cost of Examination Form 30      
2b. Cost of Examination Form for Overseas Centre US$ 10      
3. Student Registration Fee     500  
4a. Student Practical Training Registration Fee     1,000  
4b. Change of Principal for Practical Training     300  
5. Registration Denovo / Afresh Registration 2,000      
6a. Re-enrolment fee Single Stage / Group     800 1,200
6b. Re-enrolment fee Both Stages / Group     1,000 1,500
7. Subject Exemption (per paper) (By Qualification)     200 200
8. Postal Tuition Fee (including study material)   3,500 7,000 9,000
9. Postage Charges for Foreign Students only   2,000 3,000 4,000
10. Oral Coaching Fee (including study material)   3,500 11,000 14,000
11. Coaching Revalidation fee (per stage / group)     800 1,000
12. Examination Fee (per stage / group)   800 850 950
13. Examination Fee for Overseas Centre   US$ 60 US$ 90 US$ 100
14a. Late Fee for Exam Form submission   200 200 200
14b. Late Fee for Exam in Overseas Centre   US$ 10 US$ 10 US$ 10
15a. Exam Fees for MA Exam (Per Group) 2,500      
15b. Exam Fees for MA Exam (Per Group) 2,500      
16. Group Discussion (Per Group)     300  
17. Business Communication (Per Group)     300  
18. Computer hands on Training     6,000  
19. Exemption fees for Computer hands on Training     1,000  
20. Modular Training Fee       2,000



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Download

 

  1. Download Scanners Section II (Question set in Syllabus 2008) 


  2. REVISIONARY TEST PAPER(RTP) for INTERMEDIATE DECEMBER 2010 TERM OF EXAMINATION 
  3. REVISIONARY TEST PAPER(RTP) for FINAL DECEMBER 2010 TERM OF EXAMINATION  
  4. Download Study Material
  5. Test Papers for Postal Coaching  - Applicable for June 2011 Examinations 

     

    Instruction : All the students registered under Postal Coaching can download the above test question papers and submit the answers of test question papers to the respective regions only.

     

  6. Amendments on Direct Taxation as per Finance Act (2) 2009

  7. TEST PAPERS for REVALIDATION 

     

 

Notice / Circular

 
  1. Switch Over from Old Syllabus(2002) to New Syllabus(2008)

  2. Revision of cut off dates for coaching and training under syllabus 2008

  3. CORRIGENDUM to Revision of cut off dates for coaching and training under syllabus 2008.

  4. Notification Ref. No. DS-3/1/1/10




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Revalidation of Coaching

Revalidation of Coaching Completion Certificate

In case a student desires to appear at the Institute's Examination after 3 years from the date of issue of coaching completion certificate( Postal or Oral), he/she shall have to undergo a short form of Postal Coaching. The student should apply in a prescribed form to enroll himself for the short form of coaching with requisite fees for Revalidation of Coaching Completion Certificate under REVISED syllabus.

Tuition fees, per stage for this short form of Postal Coaching for Revalidation of coaching Completion Certificate shall be as under:-

Intermediate      Rs. 800/- per stage

Final                 Rs. 1000/- per stage

 


(a) “Blindness”- Blindness refers to a condition where a person suffers from any of the following conditions, namely:  
  • total absence of sight;
  • visual acuity not exceeding 6/60 or 20/200 (snellen) in the better eye with correcting lenses; or

  • limitation of the field of vision subtending an angle of 20 degree or worse.
(b) “Low vision”- Low vision means a person with impairment of visual functioning even after treatment of standard refractive correction but who uses or is potentially capable of using vision for the planning or execution of a task with appropriate assistive device.

(c) “Leprosy cured”- Leprosy cured means any person who has been cured of leprosy but is suffering from
  • loss of sensation in hands or feet as well as loss of sensation and paresis in the eye and eye-lid but with no manifest deformity;
  • manifest deformity and paresis but having sufficient mobility in their hands and feet to enable them to engage in normal economic activity;
  • extreme physical deformity as well as advanced stage which prevents him from undertaking any gainful occupation, and the expression “leprosy cured” shall be constructed accordingly.

(d) “Hearing impairment”- Hearing impairment means loss of sixty decibels or more in the better ear in the conversational range of frequencies.

(e) “Locomotor disability”- Locomotor disability means disability of the bones, joints or muscles leading to substantial restriction of the movement of the limbs or any form of cerebral palsy.

(f) “Permanent and total loss of voice”- a disabled student has to submit a certificate of suffering from disability, certified by a physician/surgeon/oculist working in a Government hospital, as the case may be.

(g) mentally disabled persons : Persons diagnosed as having significantly lower than average intelligence and considerable problems in adapting to everyday life or lacking independence in regard to activities of daily living.

(h) Handicap: A disadvantage for a given individual, resulting from an impairment or disability, that limits or prevents the fulfillment of a role that is normal, depending on age, s*x, social and cultural factors, for that individual.

(i) Disability: Any restriction or lack (resulting from an impairment) of ability to perform an activity in the manner or within the range considered normal for a human being.

(j) Impairment: Any loss or abnormality of psychological, or anatomical structure or function.

Physically Challenged students, who are suffering from more than 50% disability stated above, (certified by appropriate Government Hospitals and showing degree of disability) are eligible for full exemption from payment of -

a) Postal Tuition Fee

 

b) Oral Coaching Fee


c) Re-enrolment fee


d) Student Practical Training Registration Fee


e) Group Discussion Fee


f) Business Communication Fee


g) Computer hands on Training Fee


h) Modular Training Fee


i) Exemption Fees for Computer hands on Training


j) De-Novo Registration Fee


k) Coaching Revalidation Fee


l) Subject Exemption Fee


However, the disabled student has to pay the Registration Fee and it is not refundable to the student.

Physically Challenged students should apply along with testimonials in support of their disabilities seeking refund/waiver of fees to the Director of Studies, ICWAI, 12, Sudder Street, Kolkata-700016.However, in case of refund the disabled student has to furnish the proof of all payments made to the Institute
 


Procedure to Obtain Duplicate Mark Sheet
A Duplicate Mark Sheet can be obtained on payment of Rs.50/- only within a maximum period of 5 years from date of declaration of the concerned examination results.


Duplicate Mark Sheet for the examination whose date of declaration of results is beyond 5 years can be obtained on payment of Rs.200/- each in Transcriptt format only.


Application for duplicate mark sheet may be made on a plain paper mentioning applicant's Date of Birth, Regn.No., Roll No., Term/Year of examination and address. Payment may be made through a Demand Draft of appropriate amount favouring "The ICWA of India" payable at Kolkata. Signed application and payment may be sent to "Director(Examinations),The ICWA of India, 12 Sudder Street, Kolkata 700016".


Exam Guidelines
Passing ICWA Examinations - Guidelines 

While there is no substitute for hard work, here are a few guidelines that will supplement your efforts in passing the ICWA examinations. 

The guidelines are given in two sections: 

1. Preparation 
2. At the Examination

Numerical Question 
Theory Questions 
OTHER GENRAL GUIDELINES 

Preparation 

1.1 Study from Study Notes of the Institute for all subjects supplemented by other books recommended by your faculty. Study Notes are must. 

1.2 Make brief notes of the matter you feel relevant but you are likely to forget. You may also make notes by the side of text book you are referring to, in respective pages. The notes should be very brief, say at an average of 10 words per page. 

1.3 Make a plan of the time available and the syllabus to be covered. Based on this, make a schedule with daily/weekly breakups giving details of the topics to be completed. Make achievable and practical schedules to avoid breaking the schedules. 

1.4 Monitor the schedule on a weekly basis and reinforce your efforts to make up the backlog, if any. 

1.5 Ensure two revisions before you appear for the examination. In other words, a minimum of three readings should have been completed by the time you appear for the examination. 

1.6 Study the question papers of previous examinations to be able to categories all the topics in each subject and understand broad trends of these categories. 

1.7 Based on above and marks allotted give weightage to each category and accordingly prepare for the examination, spending more time and effort for important topics However, do not overemphasis the trends. They may go wrong. 

1.8 In the case of theory subjects, focus on understanding the concepts thoroughly and its application. In subjects such as law, give due regard to case laws and sections.In subjects such as Economics, spend some effort onstatistics and general reading of business newspapers and news magazines. 

1.9 In the case of numerical subjects, such as accountancy, costing and mathematics, focus on understanding themethods, formulae and format of presenting the solution. Solve as many problems as you can. Prepare for these subjects from the beginning of the year/ session and on a continuous basis. The rule of two revisions (plus the first) is particularly applicable to these subjects. Refer to a number of text books for these subjects so that you can encounter a wide variety of problems and approaches to solution. 

1.10 Practice use of your calculator effectively to maximise its efficiency in the examination Hall. Remember speed is a crucial requirement. 

1.11 Write simulated examinations with some of your friends setting the paper and valuing them, in an examination environment with set time schedules. 

1.12 Try joint studies with a couple of friends to be able to help one another, and instill competitive spirit. 

1.13 Prepare for the worst in the examination to minimise probability of failing in the examination.

Examination 


2.1 Take a quick glance at the question paper spending not more than five minutes to select the questions you are likely to answer. However, it is not necessary to select all the six questions at this stage itself. 

2.2 Answer the easiest question first and in that order the rest. 

2.3 It is compulsory to answer the Compulsory Question. By not answering the compulsory question your maximum marks will be limited to 80%. (But the answer paper itself , will be valid.). 

2.4 It is preferable to answer the fewer questions correctly and fully rather than more questions answered partially in each case. 

2.5 Just before answering each question, read the question very carefully word by word trying to make the significance of each word, atleast once. If necessary, this may repeated even three or four times, particularly in the numerical subjects. 

2.6 Allot time for each question (depending on marks allotted to the concerned question) based on marks allotted to the question. Generally you have about 160 minutes to answer for 100 marks after deducting time for question paper scanning, planning answering sequence, personal relaxation time etc .Hence you can allot 1.5 mts per mark. Try to stick to the schedules. However, the compulsory question may take longer, sometimes up to one hour. You will have to make up the time from the easier questions. 

2.7 Answer the theory questions preferably last in the case of numerical subjects as these can be answered correctly in shorter periods quite often. 

2.8 Impress the valuator with the first answer. It should represent you caliber to give a good answer in all respects: content, neatness and presentation. 

2.9 If there is a question for which you do know the answer but do not have the time to write it fully, write a synopsis for the answer.This should be done, if required, only at the end of the answer sheet.

Numerical Questions 

2.10 Always leave left hand page for showing workings, assumptions and notes. Workings are a must for the answer to be valid and should be fairly elaborate. Present them parallel to the question concerned. Use last page of the booklet for rough work. 

2.11 State necessary assumptions and notes wherever possible rather than wherever you feel essential. It is not a serious error if you write some extra assumptions, than miss some important ones. 

2.12 State currency in subjects such as costing and accountancy and draw columns with double lines when time permits. 

2.13 Provide Total columns where applicable in accountancy and costing, Similarly state narrations to journal entries in the case of accountancy. 

2.14 Avoid overwriting. Where they become inevitable, strike off and write again. Clarity is more important than neatness. 

2.15If the balance sheet is not tallying in the case of accountancy, apply the principle of double entry by ticking off the entries. Any figure taken from a tallied statement should appear only once, and the rest, twice on opposite sides. Finally check totals. If still they do not tally, write totals as they come and do try to deceive the valuator. 

2.16 Do not try to deceive the valuator in any subject. They are likely to be smarter than you, in which case the penalty will be high. 

2.17 Wherever possible, check your answers with control figures to ensure accuracy of your solutions; for example, variance analysis in costing. 

2.18 Apply the rule of rounding off correctly for decimals. The rule is, a digit followed by a figure starting with five and above should be rounded off to the next higher digit.

 

Theory Questions 

2.19 Answer to the point and be brief. Valuator do not have ample time to read your answer paper thoroughly. They will abundantly make use of scanning technique. 

2.20 Present your points as a list wherever possible. This will increase the chances of the point being read by the valuator. Number the points numerically instead of alphabetically. 

2.21 Questions that use words such as describe and discuss require longer narrative answers. Present such answers in paragraphs with appropriate headings

2.22 Present examples and illustrations frequently. 

2.23 Underline key words in your answers. This is a must to enhance of your point being noticed by the valuator 

2.24 Tabulate the comparative points (in a columnar fashion), when you answer questions asking for comparison of alternatives, techniques, opinions, etc. 

2.25 Avoid writing long and descripttive answers that take up yours as well as valuator time. They test the patience of the valuator and it is risky to do so. 

2.26 When you forget some points when writing the examination, leave some space and start a new answer. You can return later and complete the previous answer when you recollect the points. 

2.27 In the case of law, if you are sure of the caslaws and sections, provide these in the answer sheet. But in case of ambiguity, you may avoid, as a wrong quote is likely to have penalty. The same is true in the case of statistics for economics subject. 

2.28 Final students will be expected to give practical examples,application areas and good criticism of the subject matter (in applicable topics).

OTHER GENERAL GUIDELINES 

2.29 Enter the examination hall with optimism and with a challenging spirit

2.30 During the examination, keep watch of your time, but do not panic. The worst thing you can do to make the worst of the situation is to panic. 

2.31 Maintain total concentration on the subject matter, forgetting the likely outcome of the examination. With total concentration, very often you can come out with best answers that might have been difficult under normal circumstances. The mood in the examination, very often, makes all the difference between a pass and a failure. 

2.32 Take a deep breath before answering each question. This helps you take extra oxygen, which in turn, activates your brain and nervous. 

2.33 Never give-up the examination. Make the best of the situation, even if you think you are going to fail. There are always miracles that you can hope for, provided you have put in your best efforts. This aspect has been proved in many cases as a matter of fact. 

2.34 Never give any personal messages to the examiner; they will do you no good, but can harm. 

2.35 Reserve the last 5 to 10 minutes for revision of your answer sheet. You can identify and rectify blunders you might have made, within this short period, which can make all the difference between a pass and a failure. 

2.36 Last but not the least, inform your faculty of your result and take their guidance for the next group examination.






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Posted On 05 March 2011 at 12:02

 

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Posted On 05 March 2011 at 12:03

 

 
Training

 

  1. About the Practical Training Scheme
  2. Form for Registration of Students for Training (Form T-2) 
  3. Application for Exemption from Practical Training ( Form T-3)
  4. Training Deed for
  5. Empanelment For Practical Training
  6. Check Registration Status
  7. Circulars for RCs and Chapters
  8. FAQs on Training Scheme  
  9. Clarification regarding Practical Training - Students Switch Over from Old Syllabus(2002) to New Syllabus(2008)

 

Switch Over from Old Syllabus(2002) to New Syllabus(2008)
   
   

1.  

Circular Ref No.CEO/Studies:06:2009 dated 03 June, 2009 in respect of New Syllabus 2008. 
   
   

2.  

Circular for Students : Clarification regarding New Syllabus and Switch over from 2002 Syllabus to 2008 Syllabus.
   
   

3.  

Clarification for Switch Over to Revised Syllabus.  
   
   

4.  

Clarifications for Computer Training on Switch Over to Revised Syllabus, 2008
   
   

5.  

Download Form for switching over from Syllabus 2002 to Syllabus 2008. 


 

Placement

 

Jobs Available

Post Your Requirements for Cost and Management Accountants 

Post Your Resume

 

Requirement of Cost Accountant / Inter - Cost Accountants at Mahanagar Gas Limited



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