Ipcc grp-i prep guide:

Santanu Agrawal (Article) (79 Points)

29 May 2012  

I. Subjects:

A. Accounts- AS notes very imp., others imp chap-1.NPO, 2.Single entry, 3.Internal Reconst., 4.Partnership #

B. Law- Ethics n Communication very imp., study theory-wise (leave case studies), other imp chap.-1. Bonus,2. PF,3. Grat. Follow Munish Bhandari’s handbook. Mug-up imp. Sections (especially for Company Law).

C. Cost & FM – Learn formulas and practice min. 5 questions from each sub-topic(like group bonus, overhead variance, etc). Don’t forget theory #

D. Tax- Service Tax & VAT very imp. Others 1. Heads of Income, 2. Set-Off & CF 3. Deductions u/sh VIA. (For learning provisions, Bhavin Pathaks’+ SUPER SUMMARY can be followed.)

 

II. Other V. Imp. Points:

  1. RTP* should be thoroughly practiced. Questions are directly copied from it!!
  2. Model* Paper (I & II) should be done before sitting in exams. Even helps in predicting Questions pattern about to come.
  3. Suggested Answers* (of previous attempt only) should also be solved. Use it for knowing pattern; but don’t use them to predict questions which might come in exams.
  4. Practise Manual can also be solved if the student has enough time in hand.

 

#If possible, Get tution notes of a reputed teacher from regularly attending students.

+Bhavin Pathak is a member of Caclubindia.com. Ref: bkpathak.caclubindia.com

*Issued by ICAI. Available @ icai.org. Can also be purchased from ICAI Office for Rs.40-60. These are published and available 3-2 months previous to month of examination.

 

BEST OF LUCK

 

Above provided suggestions are absolutely based on my personal experience from May 2012 IPCC exams and should be followed on your own discretion. In No way the author can be made responsible for views expressed in the post or part there of.

 

 

By Santanu K Agrawal