I wana go 4 self-study 4 accounts.. Which option will benefit me more??
A. Study Mat. & Practice Manual
B. MP Vijaykumar's book & Rawat's book
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Other books vs. icai
Replies (16)
m p vijay kumar and at end do practice manual
both.. read ref book with Study material.PM and RTP also. study well
my suggestion :
for problem area : MPV text
for AS :read the AS from study material and attend maximum questions
Its not possible 2 srudy 4 books..
Is there any specific distribution of marks b/w AS & FR??
Choice is yours, at the end you have to write exam paper.... your interest makes impact than us.
according to me you should go for option A
Refer mpv and wid practice manual. Refer pm for only wch are nt in mpv buk. And AS refer rawat. Yes, AS-minimum 16 marks. and at end rtp of last 5 attempts to see any tricky questions r there and al. Mrthan enough.
For self stdy, stdy material takes lot of time. Without 2nd thot go as per my previous mgs..sure u wil rock.
Dont overburden yourself just try to complete MP Vijaykumar and DS rawat atleast three times. When you become thorough with them open ICAI's PM 3 days before exam and scan it for the question that you have not covered in the books. Also keep yourself updated with recent opinions of Expert Advisory committee on accounting standards which are published in ICAI journal as they are the favourite sources of paper setter for questions on accounting standards. Also even if they dont appear in question paper verbatim,you will have a fairly good idea of how to approach a question on Accounting Standards.
As for the format of the paper it is something like this.
Holding- 16 marks
Amalgamation- 16 marks
Valuation,- 16 marks
Other chapters like EVA GVA,VAS,HR valuation and Employees' share based payemnts- 30 -40 marks
AS- more than 16 marks
Almost every time exam has the same pattern with some minor changes. Also,apart from tormenting you in FR paper,AS also haunt you in Paper 3- Audit for about 16 marks. Since you are going for self study I would advice you to start with "other chapters" first as they can be completed in minimum time and have good amount of weightage in the exams. Also holding and amalgamation are two wild horses which ar difficult to tamer in exam hall,as they require a lot of time in solving as well as at preparation stage and still you are not sure if they will fetch you marks.
Study Material with Practise Manual.
Tulsian is best book for self study.
Dear if you are not taking coaching , then cover icai study mat. And then do practise from practise manual, 95 percent paper comes from practise manual(questions based on practise manual style), 5 percent comes from cpt or general perception question. If you revise practise manual 3 times , u will surely get 55+.
If you find it difficult in understanding concepts take immediately coaching from parveen sharma sir of eten. Gbu best of luck.
You go through PC Tulsian's book. Its awesome for self study
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