Strategy to prepare Audit_My suggestion

IPCC 3903 views 10 replies

QUICK READING APPROACH

 

First give ICAI audit study a quick reading to understand the depth and figure out the efforts and time required for final preparation. You would appreciate that through this quick reading you would be able to figure out where extra efforts are required in audit subject and plan accordingly.

 

Make necessary notes or put suggestions or mark strategy for yourself on the study book during first reading. This task helps you to deal with audit subject later on during final preparation. Pre-condition for this first study is --- go ahead for quick study with a completely relax and chilled mind. Your main purpose behind this quick study is observation and formation of a plan to deal with audit.

 

During first study ride prepare a plan for final preparation. Also use scanner for making the plan. Later on use any good notes to prepare. Remember at this moment you have everything in your mind like what is imp along with basic idea of the topic and chapter.


SPECIAL ATTENTION TO SA AND AS

Also give special attention to SA and AS. Only good knowledge of SA and AS is not enough but you must understand the technique to apply SA and AS in audit practical problems. For this purpose refer ICAI suggested answers and observe the application of SA and AS to the problem. Another benefit of this task is—it also helps you to understand SA and AS in a much better way.

 

The suggestion above is based on my personal understanding and may easily be rejected or accepted by you. In any case please share your feedback.

 

All the Best and Regards

Replies (10)

Really a very good piece of advice.


Several text books are also out in the market which give the same information contained in the ICAI material. However they are much better organised. Instead of quarrling on which text book is good and which is not you have to buy one and study completely from that. Have faith in the author. Do not get blown away by the advice your friends and seniors give. Every author is good in himself. Just have the confidence that you will make it through and you will certainly get through easily.

Totally agree with you Praveen.

You have rightly pointed out that one must have faith in author as every author is good in himself. Just give a good reading with focused mind and add some inputs from your side and you are through.

Too much expectation from the book or author is something I don’t believe in.

Thanks anyways for your precious comment.

Best Regards

Your suggestion is very good sir.

Also suggest the suitable time to adopt this technique or is there any particular time for this reading?

ur advice is very much useful for all........... thanks .......

 

dear sir, pls advce us if some points that are difficut to understand in st. .mat then which book that ca be refer by us?? whether paduka book is good in addition to our study mat??......

 

Originally posted by : Amit Mittal

Your suggestion is very good sir.

Also suggest the suitable time to adopt this technique or is there any particular time for this reading?

 

Thanks very much Amit for your comment. Your question is quite valid. The best time to follow this advice is when you got yourself registered with course. In other words in the beginning when you have enough time to prepare and analyse --- give study material a quick reading. Later on there will be lot of exam pressure.  

 

Originally posted by : ANUBHAV JAIN
ur advice is very much useful for all........... thanks .......
 
dear sir, pls advce us if some points that are difficut to understand in st. .mat then which book that ca be refer by us?? whether paduka book is good in addition to our study mat??......

I know there are various difficult points in audit study. First understand am not suggesting for the final preparation from Audit study. Just give it a quick reading. Point or note the difficult portions or points and later on refer these points from other reference book.

 

Quick reading will give you an idea about topics and exact length of course. For reference purpose Surbhi Bansal Notes or Paduka both are good.

 

All the Best

Thanks for the reply sir...

thanks for urs valuable comments........

Sorry for asking question on out of topic but I thought you were the right person to discuss about this.

 

In Account paper of CA Final(New) a practical question from As-30 came.  ICAI had put it on its website that no practical question would come from As-30,31 and 32. So,would we get the marks. The question came 0f 12 marks.

Please reply.

Dear Rohit,

To be very honest It would be highly improbable for the institute to give 12 marks as such to the students.

And students also make the effort of tryin to focus too much on such qusetions.. there s remainin 88 marks to be answered and if one has made a decent effort for those questions there s no way why one cannot score 55 in accounts..

So I would sincerly recommend u to stop worryin abt the accounts paper and read for the remaini 6 papers as much cannot be obtained by deliberation.. maybe u can start deleberatin after the exams are over..

All the very best for the remainin papers..


CCI Pro

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