Final Accountancy Preparation

1640 views 9 replies

Ganesh Babu

Student

214 Points Posted on 04 September 2007

There is one question from each chapter. If you are not comfortable with one chapter. You can just omit one chapter if you have not attended classes or your preparation is inadequate. Omit that chapter completely and keep all the other chapters in your finger tips. Provided dont omit Accounting Standards, because the same is useful for Auditing paper also. You will be losing only 16 marks but still you can attend 84 marks. But think case of not studying Consolidation accounts, from which you can just save lot of time which time you can concentrate on other chapters

Replies (9)

Guest

461130 Points Posted on 04 September 2007

Dear Ganesh, can u give some similar hints for MAFA thanks ravishankar

Ganesh Babu

Student

214 Points Posted on 04 September 2007

Regarding MAFA. More concentration is needed on Theory as it is given 30-35 marks coverage. Dont use institute book for the same. Use book written by L.Muralidharan on "MAFA Theory". Among the theory questions, only repeated questions are asked. So use suggested answers and scanner to find the most repeated questions. Regarding problems, there is no precise answer. But you have to work out all the problems given in institute book as they are most often asked

Guest

461130 Points Posted on 04 September 2007

low marks in fm & accounts suggest

Ganesh Babu

Student

214 Points Posted on 04 September 2007

In Financial Management, study institute material fully for both theory and problems. Workout all the problems in institute book. Theory comes only from the book. Coveragewill be approx 10 marks. REgarding accounts dont study theory except accounting standards. If possible omit, company accountst fully or partnership accounts fully. But all the other chapters you should be well versed

Vishal

Articled clerk

45 Points Posted on 04 September 2007

Please help me for preparation of Direct Tax. My attempt is in May'2008

Ganesh Babu

Student

214 Points Posted on 04 September 2007

Concentrate well on Wealth Tax, which is very small part, but surely a question for 10 marks. Next concentrate on Assessment procedures, search, seizure, Proceedings, AAR, Settlement commission. Covering all these will give you 50 marks coverage. Regarding books, use the same book that you used for your PEII exam. If its Manoharan book, then use the same book. If its any other, use the same book. Throw away our institute material.