Pcc - How do i revise the subject?

IPCC 2453 views 7 replies

sakshi jain

student

212 Points Joined May 2012

hello friends please help me i am sakshi pcc student,i have given previous 4 attempts but didnt clear,i dont even know about the basics on how to study,i cleared school exams through my own approach,i kept on learning again and again,i even dont know how did those exams clear,please tell me

how do you revise a subject,this is a big problem for me do i need to revise the subject again and again?i go very deep in concepts but biggest problem is of revision is it true that if i dont revise subject for 2 months all is get washed off specially in theory?how do i revise the subject by practicing by hand by quick look,just tell me?

Replies (7)

sanket

article assistant

72 Points Joined March 2012

Originally posted by : sakshi jain

CS RAJESH C.CHOUDHARY

ASSISTANT MANAGER

14607 Points Joined July 2011

Dear friend,

The most important tonic u need now is “CONFIDENCE”.

Don’t ask others over here if u can do it or not rather just say not even I can do it rather “I SHOULD DO IT “

HERE ARE A FEW SUGGESTIONS FOR U!

ACCOUNTANCY:

1. Split the entire syllabus into small parts.

2. First finish the small areas.

3. Cover AS in total._(D.S Rawat is good)

4. This would raise Ur confidence and also would take care of half the syllabus.

5. Format- accounts nothing big than format and provisions.

6. For company accounts chapter – CORPORATE ACCOUNTS BY T.S.REDDY & MURTHY (best for concepts and knowing the concepts ¾ th of the work is done.)

7. For partnership, hire purchase and all the other chapters – FINANCIAL ACCOUNTING BY SAME AUTHOR.

8. The simple English and detailed concepts w’ld help u all the way.

9. The cost of book is max- RS 350 ( both)

AUDITING:

1. Cover EDP. Special audits, govt audits and company.

2. Then cover AAS. This takes care of almost all the chapters.

LAW:

Ethics & communication is the scoring part without any case laws.

COSTING:

1. Theory fills out for 40 marks.

2. So never ever omit the same.

INCOME TAX:

1. Provisions forms the major part

2. Service tax is the catalyst

INFO TECH:

1. Finish off the glossary covering abbreviations & short notes.

2. Switch to flow chart.

3. Read chapters with enough duration but never at a stretch. It’s quite dangerous.

4. DBMS - one of the most important chapter

SM:

1. 20 marks case analysis purely based on the concept of all the other chapters.

2. Perfect reading & understanding the given situation & answer to the point giving all our judgments. "

Remember its the Tortoise which is going to win the race @ the end provided WE work the additional hours too when the hare is @ sleep"

BEST WISHES & HEARTY CONGRATS

Regards,

RAJESH CHOUDHARY

Abhimanyu Bind

CA Final Student & Audit Assitant

2051 Points Joined February 2010

Hi,

My first suggestion is, you should join coaching at least to attempt tests if which coaching classes conduct on timely basis.

Following points I can say about revision,

(1) Revision means you will have to do fast study of the portion which you already have done in deep once.

(2) For revision you must have a good book or better your own prepared short notes and the most important is your short notes cover all important points of a answer.

Now, I assume if you haven't prepared any notes then in that condition you must have a good book for revision,

For e.g. Audit theory paper,

I reffered PADHUKA and because I hadn't any notes with me for that subject. Book was in question answer format covering whole sylabus including questions from past papers, SA also. And one more important thing is your reading speed which also matter a lot. If your reading speed is good and your concepts are clear then you can revise in short time.

So, you can also read in same way. First try to revise the easy chapters and most important chapters for e.g. for audit paper COMPANY AUDIT and SPECIAL AUDIT covers maximum marks and again they are easy chapters to remember so you can start with these.

Please, analyze anwering patterns for theory papers by reffering SUGGESTED ANSWERS issued by ICAI, you will get better idea about how to write theory papers in IPCC EXAMS.

I given a rough idea about a particular subjects all subjects requires individual plannings. Don't loose hope and carry on, surely you will clear. Please ask if you have any doubts.

Regards,

Abhi

Abhimanyu Bind

CA Final Student & Audit Assitant

2051 Points Joined February 2010

Here is a detailed plan for reading or revising AUDIT paper which I suggested to few of IPCC friends, please choose relavant points from these and do study accordingly, I never analyzed question papers of PCC so, please first you anlayze question paterns of PCC AUDIT of at least 10 attempts then choose relvant points for you from my below study plan.

(1) Very first you must have a book for Audit which covers whole sylabus throughly (also questions related with AAS). I reffered PADHUKA as it covers the whole subject, you can refer a standard recomended book with that you must feel comfortable to prepare.

(2) You can start with Company Audit (Contains Audit Report, appointment and removal of Auditors etc.) chapters as it contains 15 to 20 Marks (Approx.) questions. So prepare it throughly. (Yes surprises can be there so please be ready for that also.)

(3) Now, you can prepare SPECIAL AUDIT chapter. Its a VVIMP chapter. It genearally contains 8 to 16 Marks. (Most of time it contains 16 Marks.) Prepare this chapter throughly its very easy to recall as contains almost similar points in answer for every question.

(4) Do GOVT AUDIT Chapter ( contains 4 to 8 Mark approx., sometimes it may not be in paper). Its very easy chapter and have only few questions (and 1 question which repeats most of time "proepritory Audit, Sanction Audit" etc.).

(5) After preparing these chapters you may have very less time for exams and you also have 6 other papers so, now you prepare begining chapters, i.e. Auditing Concepts, Auditing engagement, Documentation, Audit evidence, Audit Sampling, Analytical review procedure.

(6) After preparing above chapters you can do Vouching chapter (i.e. Audit of different different items like sales purchase etc.) Do, it throughly if you have sufficient time (but do remember it is very large in numbers so, you may feel difficulty to remember all)

(Its not advisable but if you don't have enough time for revision and prepartion for other subjects then leave this chapter)

(7) Internal Check and Internal Control topic is very important for practical situations for exam also (contains 8 to 16 marks approx). So, do it if you have time and completed other subjects. (Remember few of questions from this chapters really need smart work to learn so, do accordingly.) Well, I assume you already have prepared ACCOUNTING STANDARDS because it may have questions from AS contains 8 to 16 Marks. For detail reading about AS importance for exams please refer this link Accounting Standards in IPCC Exams (/articles/accounting-standards-in-ipcc-exams--13108.asp)

Now only left one topic i.e. Auditing and Assurance Standards. <br> So, at least there is no time to read the whole thick book of SA. But if you have used a standard recomended book then it alreday has covered the all important points related with SA. So, don't worry about the SA. (If you have sufficient time then please read and understand AAS in detail, very important for exams and practical situations also.)

But in last I would like to say, "if you have a plan and going well with that then please don't change at very last moment and stick with your plan till last".

Note : I only tried to share a plan for those who are finding difficulty in prepartion or couldn't start Audit subject due to some reasons. So, do the things for prepartion with which you are comfortable.

Hope, it is helpful for you and don't hasistate to ask your doubts and queries.

RENU SINGH

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21627 Points Joined March 2011

1. Do important chapters first.

2. take coaching if you are really unable to understand the concept or you don't have a person who can solve your queries in time.

3. check out this link ..

/community/np_com_message_display.asp?np_com_group_id=7842&np_com_id=3919#.UFhDeNl2ZLk

4. Make notes of Theory and write formulas for practical subjects atleast.

Deepak kumar sharma

Govt. job

2946 Points Joined February 2012

I faced the same problem.

I failed twice terribley

Then i discussed with seniors and googled a lot

After then I formed a strategy and applied it to get succeed

Before telling the strategy, I will advice you

Don’t lose faith on yourself, After 4 attempts, you don’t need to join coaching. It is time consuming and at last you have to study and answer on your own.

So here are the steps

Count the remaining days, its around 40 in next exam
Write down each day with dates in serial (upto 30 days, for next ten days you need an another plan)
Give headings of all the subjects to be study
Under each subject, write down the chapters to be study allotting proper time
Tick the chapter after study, no matter you get it fully or not, move on

Date	Accounts-7-9am.	Law- 10-1130am	Audit-12-1.30pm	Tax-2-4pm	Costing 5-7pm	Fm- 8-9.30pm
20/09/12	Chapter 1	Chapter 1,2	Chapter 1,2	1,2	1	1,2
21/09/12	2	3,4	3	2,3	2	3
22/09/12	3,4	5,6,7	4,5	3	3	3
23/09/12	5	8,9	6	3	4	4
24/09/12	5	10	6	4	4	5
25/0912	6	10	7	4	5	5