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Accounting standards

Ankit (ca final) (287 Points)

25 September 2010

Can anybody plz tell me from where to study Accounting Standards for IPCC

I am giving May 2011 attempt and hence, not familier wid A.S.

How much marks does it cover in acc and advance acc. paper and wt type of questions relating to it r askd- theory or practical

PLZ HELP ME GUYZZZZZZZZZZZZZZZZ

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19 Replies

* Krishna * (CA Student) (6149 Points)
Replied 25 September 2010

I advise you to follow the compilations of suggested answers, RTPs and other material given in our study material problems for Accounting Standards..Those are sufficient, and if you want more, you can refer DS Rawat for AS. Regarding what type of questions they ask in exams, institute gives both practical-based and theory based questions..so one should be perfect in theory to do practical situation problems..Also attaching herewith two of the files, which were earlier posted in caclub, for your reference..and some model test papers are available in primeacademy.com for your reference..do all these model papers in primeacademy to gain more knowledge..

https://primeacademy.com/prime_model.html

https://primeacademy.com/progresstest.html

All the best..

Attached File : 59 as problems pcc.pdf downloaded: 583 times

* Krishna * (CA Student) (6149 Points)
Replied 25 September 2010

one more AS FILE

Attached File : 31 as problems final ipcc.pdf downloaded: 660 times

1 Like

Vikrant (Chartered Accountant) (601 Points)
Replied 25 September 2010

i think theory questions are asked from AS.

1 Like

* Krishna * (CA Student) (6149 Points)
Replied 25 September 2010

3RD FILE

Attached File : 8 as problems pcc 4.pdf downloaded: 420 times

Vikrant (Chartered Accountant) (601 Points)
Replied 25 September 2010

we have to study following AS for ACCOUNTING-GROUP1

AS-1,2,6,7,9,10.

Vikrant (Chartered Accountant) (601 Points)
Replied 25 September 2010

and AS-3,13 and14 also

Gokul Viswanath Shenoy (Company Secretary & Finance Manager) (430 Points)
Replied 25 September 2010

go through the Saravana Prasanth book ( the questions n answers) to get an introduction with AS..after that u can go into detail more from some other books..it's just to get familiarised with this portion..

Vikrant (Chartered Accountant) (601 Points)
Replied 25 September 2010

normally Questions asked from AS are of not more than 5 marks.... and most of the time its of theory.............

* Krishna * (CA Student) (6149 Points)
Replied 25 September 2010

@ Ankit

You follow only AS-1,2,3,6,7,9,10,13 and 14 for IPCC 1st group from the above files. Rest of the standards you can ignore if you r nt preparing for 2nd group.

* Krishna * (CA Student) (6149 Points)
Replied 25 September 2010

In previous IPCC exam of accounting, 24 marks came from AS. Check the papers. Atleast 20 marks will come.

2 Like

khushboo (article) (86 Points)
Replied 25 September 2010

no specific distibution is mention bt advance carry 3marks of 3 ques each but these is not compulsary

Utsav (student) (64 Points)
Replied 25 September 2010

DS RAWAT is good Book for AS.

ACMA Ayan Paul (Analyst-Corporate Rating at CARE Ratings) (284 Points)
Replied 26 September 2010

D.S.Rawat is the best book for PCC and also for Final...it has good theory part as well as many solved practical problems of past exams..but u are also advised not to ignore ICAI Study Materials..