Passing IPCC: Hello, everyone today I am going to share some tips with the readers about passing the IPCC exams and what things are required to pass the IPCC exams. There must have been various questions that might have aroused in the minds of students regarding the IPCC exams, the first would have been the jolt of fear regarding the number of books and its sizes and also the thought of impossibility of such volumes of syllabus. I would give answers to various questions which aroused in my mind while I was in IPCC.
1. When to start studying : - from the first day itself
2. How much time to study? : - as much as you can (excluding classes)
3. Are classes required for all subjects? : - no, classes are only required for practical subjects and not for theory as they can be self-studied.
4. How many hours to study? : - depends on capacity. From my experience 10-12 hours, are sufficient excluding breaks taken for other things.
Other things to be taken care of while preparing for IPCC- Basic things:
1. Health: - Healthy mind resides in healthy body, so your health is an important aspect for the purpose of preparation for exams. Remember you have to sit for 10-12 hours at one place (during exams) and also attend classes for at least 6 hours a day. So it is necessary to maintain the health in the sedentary lifestyle as you will able to perform better while revising and thus boost your confidence which might help you perform better in your exams. EAT HEALTHY FOODS, and take care of your body as it is the best gift given by God to you, understand the signals about what it wants.
2. Food: - intake of healthy foods during exams and while preparation is essential because it plays an important role in the preparation, basic principles of food work here.
a. Do not over eat: - overeating might cause you to slow down and thus make you drowsy and in sedentary state it might take a longer period than normal to digest the large quantity of food.
b. No fried food or at least cut down the amount: - fried food might provide you high amount of energy, but increased quantity of intakes might increase the weight.
c. Avoid outside food: - outside food is always and has been of sub-standard quality and would be of no match to home food, and you might fall ill if you, on continuous basis eat outside food.
d. Reduce caffeine Intake: - many must have heard coffee contains caffeine and it helps to keep you awake, during the late nights. IT'S TRUE, but it won't help you concentrate for longer durations.
e. Exercise: - Some students who are appearing for exams might ignore exercise altogether as at the end moment it is very essential to save each and every second before exams and utilise it for the purpose of preparation, but they forget basic principle that our mind is not a machine, it needs time to accept and process information, so the exercise will be helpful for mind to change the monotonous process which it undergoes during the study days and also it will help you to feel fresh. Exercise also helps your mind to divert the attention from the routine and relaxes it, so that it can be able to achieve its goal and work towards its goal. Basic exercises such as jogging, swimming, running, brisk walking, meditation (best), badminton, yoga and stretching should be done for shorter period which help mind to perform at its best.
f. Stress: - stress is part of CA-students, instead both of them are synonymous with each other. There has to be a life after and before your goal of passing exams. The stress has to be managed well, many people have many ways of managing stress, it can be by way of listening music, playing, watching TV, etc.
g. Phone, internet and socialising: - students have different approach when asked about these. Some students feel that it is essential part as after long day of study socialising with friends is must, while others completely deny it, and sacrifice all the wonders of science and enter the world of stone-age cutting them off from the real world. The students can adjust according to time available for socialising and studies.
h. Negative thought: - The thing one needs to take care of seriously are the thoughts. Thoughts are like bubbles they come from anywhere in the mind. Sometimes in the middle of lecture of IPCC during a certain topic you might have a thought to quit CA as it is very tough and you might get a better opportunity elsewhere in some other field. So first advice is to have control on your thoughts, stay away from negative thoughts and always think positive thoughts about you and exams. "If you want to win fight till the end." IKER CASILLAS.
i. Negative people: - there might be people around you in family, friends, relatives, neighbours, who may not like you and the way you will be distinguished as a different person from them with prefix with your name, they might tell you negative things and incidents about their experience about the course or someone else's story whom they know, which might act as a poisonous syringe for your mind, and the first thought comes into mind- that what about me? What will I do if same thing happens with me? Advice to student- stay away from these people and their incidents and story (many of them are fake) and try to focus on your work and believe on your work and yourself, even if the stories are true it doesn't mean that the things which happened with MR. Xyz will happen with you.
j. Sleep: - Never try to cut down sleep hours, as your mind needs time to absorb and process the information it has acquired during the long study hours, students tend to cut on sleep to utilize the available time in the effective preparation for exams. Mind is not a machine it gets tired so keep a balance of your sleep and preparation. Sleep at least 6 hours and not more than 9 hours.
k. Mental strength: - In a class all students attend same classes, same professor teaches them, same subject, same paper why don't they all pass together and only a handful of them pass the exams? Reason is that some students have good and solid mental strength while others don't. Some believe their ability and some doubt on themselves just asking the questions to their ability.
From where to study?
1. Accounts: - AS- D.S.Rawat, ICAI practice manual, classes notes
2. Law: -Munish Bhandari, ICAI practice manual
3. Costing: - ICAI practice manual and module
4. Tax: - classes notes, ICAI practice manual
5. Advanced accounts: -classes notes, practice manual
6. Audit: - classes notes, ICAI practice manual
7. It & SM :- IT: ICAI practice manual SM: - notes of Classes: - choose the classes which have reputed name and have best faculty, and also which is near to your house as you will not need to waste your precious time for travelling purpose.
Friends: - choice of friends is very important, some of us might be having a friend which is with us in childhood, but in classes he is your competitor and there's nothing wrong in being a little selfish, as no friend stands with us when we fail. Stay away from those friends who are lazy and don't have a clear aim of passing the exams and have an alternative in their mind. Stay away from jealous people who might be of envious nature on your success. Never be jealous on anyone's achievement, learn to take lesson from it, and try to improve yourself, work harder than everyone than only you can beat that anyone.
Stay away from negative friends who keep on passing negative thoughts like we are not going to pass, the syllabus is too tough to crack and it's lengthy indeed. When we are in spotlight (pass/success) everyone follow us; when we are in dark (failure/unsuccessful) even our shadow won't follow. says ADOLF HITLER
HARDIK PALAN writer is A CA final Student, passed IPCC in NOV 2014