pcc tips accounts

CA Swapnil (job ) (1205 Points)

28 July 2009  

Dear all,

Some  tips which might be useful

 

Accounts

1) ATTEMPT AS questions& theory questions first.36 mks is the weightage for PCC.Remember u hav to solve 33.99 marks in one hour.( ds rawat book is good for AS)

2)Solve sums of chapters like Insurance claims first(MORAL :- SOLVE SUMS BASED ON CHAPTERS WHICH U R GOOD & CONFIDENT  & TAKE LESS TIME TO SOLVE)

3)Do not leave insurance ,electricity & banking co for option.

4) Time mgmt is the key factor in accounts (or any other paper)....one cant utilize a lot of time in solving one particular sum..any sum should be over in 15 to 20 mins.The nov -08 paper of accounts was lengthy.

5)While doing homework ,try to solve the sums under examination conditions.Once a senior told me- the pcc paper u r attempting should not be the first time u r attempting a full fledged paper.Solve maximum possible sums & papers......Do not read sums...solve them

6)Make a summary of all important adjustments in a particular chapter....it helps the day before the exam.

7)Cash flow Statements are covered in Financial Management also...so u can merge & study as the principles are same...solve sums asked in previous exams...Hanif Mukherjee is a good book for Accounts.