CA
180 Points
Joined January 2012
Costing- This is a very tricky area! Start with QT and then proceed to decision making and finally, standard costing. Marks-wise, QT carries a weight of 20-25%, while standard costing is nearly 15% or so. Make sure you go through the sums in practice manual since they have asked different varieties of ques in past 2 attempts. Its ok if you don't practice every sum of PM, but just go through to get an idea of different kinds of sums.
QT is relatively easier so be sure that you score maximum in this area, since others are very conceptual based.
ISCA- Read the institute material TWICE and then refer to practice manual, which is a must since direct questions hit from it. Every chapter is equally important.
DT- Capital Gains, Business Profession and Assessment proceudre are considered to be the most important areas in this subject. However, the preparation of DT has to be THOROUGH!! Since past 2 terms, they've given 16 mark sums from so-called unimportant areas, so focus on the smallest topic as well. Since you're giving one group, time constraint should not be an issue at all!
IDT- Excise and Service Tax are the most important areas. Just go through your notes lots of times, so that you are clear on the concept. Service Tax is very very scoring, and carries around 25-30% weightage, so try scoring maximum marks in it.
Good luck for ur exams! :)