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Costing !!! my life ??????

sangitha priya (student) (169 Points)

13 August 2013

Hai i'm sangeetha... ipcc student.. costing has been a real time task for me, even though i try my level best , i could not meet the expectation of ICAI.. in both my previous attempts, i lost my result ONLY because OF COST AND FM..

SO brothers and sisters pls help me, to make it atleast in this nov 2013.... pls

thanks ...!!!

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17 Replies

CA Pallav Singhania (❤ Work Hard Party Harder ❤) (32102 Points)
Replied 13 August 2013

Don't go for High sounding writers,

go with simple books...

1st try solving b.com level problems and basic problems..

then you should go for Study mat n Practice manuals....

1 Like

sangitha priya (student) (169 Points)
Replied 13 August 2013

thanks sir, but i use padhuka costing books....

CA Pallav Singhania (❤ Work Hard Party Harder ❤) (32102 Points)
Replied 13 August 2013

Hey, I'm a student too...

Paduka is a good Book...

But Institute Mat would help you a lot..

try solving all the illustration of Study mat.....

Don't take it ''Its tough'' take it as ''I'll do it''

One chapter in a day or 2....

1 Like

CA Lokesh Pokharna (CA (Ahmedabad Bhilwara Chittorgarh)) (4128 Points)
Replied 13 August 2013

Costing is my life , after reading this heading i thought you love so much this subject but after knowing all you are afraid from this..

but seriously i wanna say costing is my life. i love this subject so much

here are some tips to get score in costing..

First thing you need to do is return ur padhuka book back to bookseller or give to any friend as a gift its a book which needed at last.it cant clear concepts

buy a simple book which contains relevant chapters of a just bcom level. cover it fully then go for study material & then if time allows go for pratice manual and padhuka .

definately you would score very good marks.

3 Like

Rahul Walame (Chartered Accountant) (580 Points)
Replied 13 August 2013

Solve and master practice manual of both subjects.Also solve the entire RTP and then see the result.

3 Like

CA Bhavin Venugopal (CHARTERED ACCOUNTANT) (681 Points)
Replied 13 August 2013

Hi sangithaji,

I think U must go through Practice manual problems,theories,Latest RTPs & JUST previous RTP(1 or 2 chance before).Padhuka is a Good book 4 reference as it has problems from base illustrations till advanced level.Moreover WHAT U WRITE IN THE EXAM 3 HR TIME IS RELAVANT.So <SIS>,Dont worry ATTEMPT ALL QUESTIONS IN EXAMS ".IF U HAV TIME LEFT GO 4 CHOICE PROBLEM ALSO.4 COSTING TIME MANAGEMENT IS VERY IMP.I GOT 81 MARKS IN CA PCC USING THISTECHNIQUE.GOD BLESS U ALWAYS... SO DO IT N PROVE IT...

2 Like

Arijit Ghose (Article assistant) (816 Points)
Replied 13 August 2013

Have gone through the same feeling.. Guess by my 3rd attempt i was in love with it.. See it from a comprehensive point of view.. then segregate and u will find a beautiful linkage...

Topics like Marginal Costing and Std Costing are actually beautiful.. I would have used the "S" word actually...

But CAclub would have banned me then.. Refer Vashist and Saxena for clarity of concepts and work out institute problems!!

1 Like

*RENU SINGH * (✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ ) (21627 Points)
Replied 13 August 2013

Go for Rajesh makkar's notes. It can b easily done till nov n wil help u in clearing d concept.

Best of luck :)

1 Like

Mr. John (STUDENT) (84 Points)
Replied 13 August 2013

do 10 years rtp and 10 years suggested and vol-2 of costing and fm definatly you get exemption in cost and fm.

1 Like

sangitha priya (student) (169 Points)
Replied 13 August 2013

thank yo .... sisters and brothers.... i find yor suggesstions most useful.... thanks

Siddhartha (Student Audit Assistant) (272 Points)
Replied 13 August 2013

Hi,

Try SN Maheshwari for Costing

1 Like

Deepika (CA Aspirant) (298 Points)
Replied 13 August 2013

Hey, Concentrate on theory.

Ya, I know it is a bit difficult. But we have to learn it ,since it constitute 32% of the paper.

Learn it on DAILY basis. Inbetween practical subjects...

For theory alone-u can use C.A.Hariharan sir book . (it contains past 25 exam answers. So even if u dont want to buy, its ok. Just learn these answers thoroughly)

Have a look at this;/forum/cost-and-fm-notes-for-pcc-ipcc-172697.asp

The only secret of passing/getting exemption in costing & fm is:

CONCEPTUAL LEARNING!!!

1 Like

manoj (student) (5205 Points)
Replied 13 August 2013

first do saxena vashisht book main book

then do problem and practice of sn maheshwari

but book books after institute material

do this chapterwise

den last 4 rtp + 3 mock papers

1 Like

R.Parasuraman (CA final) (187 Points)
Replied 13 August 2013

Costing and FM will Tough / Easy based on our Preperation methods.

1. Dont forget to Read Theory since it covers Approx 20 Marks.

2. Workout First two Problems after seeing the answer. There after try to answer fuly with out seeing answer untill you complete.

3. Practice to write Assumptions and notes while practicing (Your answer is worthless with out proper assumptions and notes)

4. All of us miss Minimum 6 Marks in costing by careless mistakes Eg : not writing Units , Rs, Kgs, Hours ets.... For Instance if the question requires to find answer in kgs of output, with out our conciousness the answer will we write will be Units of Output..

5. Padkuka is Best book for Costing in IPCC it may be voluminous but still Excellent to Pass.

6. Practice by working down the problems with pen and paper, we are not auditing the Answer by seeing it.

Be strong with Basics - Cost Concepts , Type of costs etc . Then it is easy to get 50 marks if you workout all problems even Once.

At Exam your duty is to Write for 3 Hours Dont care if it goes wrong skip it for last and workout other problmes.

Dont Miss out Compulsory Questions.

Dont ever Change your books Once you coverd it fully once. Try to Identify where it goes wrong.

Dont Read Same Subject Continously for More than 4 Hours a Day.

Have your own study Plan.

All the Best for your Forth Coming Exam.

2 Like