How to prepare for cs executive exams june 2010 ??
(Guest)
Hello Everyone :)
I have posted this topic to know as to how to prepare for C.S. Executive Exams June 2010. I am going to give both the groups in June.. How should i prepare in these 3 months time?? Please Help me out !!! Are three months enough to prepare ?? Please do reply to this post ...
Fakhrudeen
(student)
(191 Points)
Replied 05 March 2010
Its a bit difficult tho but nothing is impossible... if u have decided to appear for both groups thn u gotta toil hard ...Since u've got only a limited time left the only option left with u is to study the scanners n suggested answers.....
i'm giving only one group in june 2010 so will scanners be enough for cost,accounts and tax theory?
CA Seema Kochar
(CHARTERED ACCOUNTANT)
(636 Points)
Replied 09 March 2010
As there is shortage of time u should refer Guidelines & Suggestive issued by Institute of last 10 Yrs( or scanner).
1 Like
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 09 March 2010
Simple preparation tips_CA & CS Exams 2010
1. As per my understanding your very first step should be to decide whether to go for coaching or self study. Consider this question very vital for a good start of your preparation. You don’t have to wait until exam time approaches.
2. Buy a latest Scanner from the market and analyse it properly. According to me full understanding of Scanner regarding how to use it, is very essential as it gives you a bird’s eye view of every subject of your professional course.
3. Prepare a list of Exam oriented important chapters with the help of scanner and design your study schedule accordingly. The earlier you perform this exercise, the more time you will have to design your study schedule and prepare for the examination.
4. Prepare a list of frequently asked questions from scanner and design your ATLAS accordingly. Please find below “My ATLAS Method”at the end of this article as a ready reference for new members.
5. Understanding of Examination pattern in a proper manner is also very important. If you have good understanding of Examination pattern then you can easily plan for exam paper according to your strength. For example in Audit or Law papers I used to write flat questions first like short note etc. instead of practical problems as practical problems are a bit time consuming.
6. Decide your study time. In the beginning it is not necessary to invest 10-12 hours for your study. A 5-8 hour productive study would be enough. Remember, it is the quality and not the quantity of study that is required.
7. In the beginning of your study time management is very crucial. So focus on time management and keep asking yourself Is this the best use of my time. This is to share with you all that am still using this Q and A technique.
3 Like
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 09 March 2010
BOOKS FOR CS EXECUTIVE
Hi,
For financial, forex and treasury management== Study Material + Scannerwith ICSI Guidelines of previous exam
1) General and commercial law==Study Material + Scanner problems with ICSI Guidelines solutions of previous exam especially for practical problems and their presentation.
2) Company Accounts == Shukla & Grawal + Question given in Study Material
3) Cost and Mgt. Accounts == S.N. Maheshwari + Question given in Study Material
4)Company law== Munish Bhandari + Study Material + Scanner
5)Security law and compliances--Study Material + Scannerwith ICSI Guidelines of previous exam
6)Economic and Labour laws.— Study Material + Scannerwith ICSI Guidelines of previous exam
Thanks for the gesture. Hope the info above is off some help.
Oh yes sir your posts are indeed helpful :) Actually i had finished about 50 chapters out of the total 120 but was quite worried, your ATLAS method is Awesome, and yes , revision from scanners indeed is generating confidence, for company law your handouts prove to be a boon :) Thanks a lot sir, its good to see professionals like u working for our benefit :) Wishing you the best of times ahead :)
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 10 March 2010
Its really nice to hear from you. Do whatever you want to do but never let your confidence go down coz with self confident you can do anything or handle any kind of situation.
During study time also give enough time to yourself and your mind to relex. It is all very imp.
I will appreciate if i can get an answer to this question:
comment : "Buy back of shares does not amount to reduction of share capital".
in the module this has been mentioned as a case under section 77A where diminution of share capital is not to be treated as reduction of share capital.. but no explanatory note is given, can i have the reasons on this statement please??
yes three months r more than enuf...i cleared dec executive in just 10 days preparartion...n got 345 marks.......
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 13 March 2010
The statement is correct that buy back of share does not amount to reduction of share capital.
Reduction of share capital means reduction of share capital which is a part of paid up capital of the company and that is why we have to follow the strict procedure of section 100-105.
In diminution of share capital diminution of unpaid capital is involved. Kindly check section 94(1)(e). See the clause (e) below:
cancel shares which, at the date of the passing of the resolution in that behalf, have not been taken or agreed to be taken by any person, and diminish the amount of its share capital by the amount of the shares so cancelled.
Revert if there is any doubt.
Regards
(Guest)
Ok sir, i have got it :that means that because buy back of shares under section 77A is a Diminution of Capital , not being reduction of capital, hence it will not attract the procedure for reduction of capital as laid down in section 100 . This is because reduction of capital involves :
1)reduction of liability of members in respect of members in respect of unpaid or uncalled liability,
2)Extinguishment of liability of members in respect of uncalled or unpaid share capital.
3) Paying off paid up capital not required for the purposes of of the company
4)Writing off or cancellation of capital which has been lost or is under represented by the available assets.
On the other hand, Buy Back of shares under section 77A, all the shares or other specified securities for buy back should be fully paid up. [ Section 77A(2)(e)
Is this answer fine sir?? Thanks a lot for sparing ur valuable time in solving my quiry :)