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My High Time tips for Practical Subjects

CA Madhukiran Reddy 
on 03 April 2011

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Friends, Many of us know that Practical subjects such as Accounts, Costing etc., will play a major role in all our Professional exams and also these are the subjects which are very time consuming. Here are some of my high time tips to deal with the Practical subjects. Hope These Tips are useful not only for  IPCC or PCC but for Final Students also.

 

 ROLE OF THEORY IN PRACTICAL SUBJECTS:

 

Friends in Every Practical Subject there will be a theory also. It is Better to crack the theory first to get more marks in exams. For Example Costing and F.M has nearly 32 marks theory. First get a grip on theory. Also there will be only limited theory in Practical Subjects, you can do ABC analysis and go through that.

 

 

 WRITING SPEED SHOULD BE HIGH:

 

Friends, In examinations time will be very constraint, so to cope up with time you have to practice number of practical problems. Instead of Practicing the same type of practice different problems.

 

 

 USE HIGHLIGHTER WHILE PREPARATION:

 

 It is not possible to cover all the problems in Accounts or costing before the Exam within that one day gap. So, while preparation itself use highlighter where a new provision applies to that particular problems. So, Before the exam you need not to do all the problems just by going to that tricky area you can crack the problem easily.

 

 GIVE ASSUMPTION NOTES:

 

 Give the assumption notes at the end of your answer when you assumed anything in the solving the problem.

 

It should be clear.

 

TRY TO ATTEMPT FULL:

 

 Friends in examinations, always try to attend 100 marks but don’t lose heart if you unable to attend 100 marks. Attempting of 90  to 100 is also good.

 

 NEVER ATTEND THE FIRST QUESTION AT THE FIRST:

 

 My suggestion to you friends, Please never attend the first question at starting itself as the same will be very tricky and time consuming too.

 

 

 IMPORTANCE OF WORKING NOTES:

 

 Our answer to the examiner should be user friendly. Please give workings wherever it is applicable. Otherwise examiner will not know that you did the problem by yourself or copied from someone.

 

 SOLVE THE PROBLEM STEP BY STEP:

 

 Friends try to solve the Problem Step By Step. In Our Exams each step carries specified marks. You need not to worry even if your final answer is wrong, you will get the marks on steps basis.

 

 

 

GO THROUGH RTP ONCE:

 

Please go through the RTP’s prescribed for your attempt. Sometimes the questions will straightly come from RTP’s.

 

 10 MARKS FOR 15 MINUTES:

 

 In the examination time management plays a major role, spend maximum of 15 minutes for 10 marks. Don’t worry if you not able to setup this ratio in one problem, try to speed up in the next problem. On an Average try to give run rate 15 minutes for every 10 marks.

 

 

 ABC ANALYSIS:

 

 While preparation do your chapter wise ABC analysis. Give more importance to “A” category chapters and give less importance to “C” Category Chapters. I am not saying that “leave the ‘C’ category chapters”. I am just saying give less importance when compare to ‘A’ Chapters.

 

Refer Scanners for ABC analysis. In this book it is clearly stated the importance of chapters on the basis of last attempts.

 

 

DISCLAIMER:

 

The above mentioned tips are given on the basis of my knowledge and understanding about the subjects. These may differ from Person to Person.

 

 




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