This is my frustration.....so please help

IPCC 2011 views 13 replies

Dear All

Please look into the matter by spending ur 5 minutes please & u 'ill find ma problems.

M IPCC student.........hardworking student......wana 2 achieve ma goal......but facing timings problems.......coz of ma office timings.......no time for coaching........trying 2 do ma self but failed..........coz dere r sum chapters which z untouchable 4 me.....

 

so u guyz r requsted to please help me for following chapters dat how can i prepare for.......

1) In cost------Intergrated, Overhead, marginal, standard & budgetary ( m finging these vry hard chpters 4 me )

2) Method 4 preparation of Income tax

 

Kindly help guyz........

Replies (13)
in costing padhuka is enough for self study and to build confidence. And in income tax v.k. Singhania is good. I got exemption in both subject just refering this book.

Solve every sum of module. for more practice u can go for PM provided by the institute.. its best material acc to me........ Good luck.

See, for cost i ensure you please go throught study mat first and then try other books.

hey dnt wry ,pls dnt purshase any other authors book jus do practise manuals-itz really wrth n u can easily pic it up.........................dnt waste tym on any other book

1) for costing i will suggest ICAI's practice manual, it is enough 

2) for taxation more practice is required with theory so refer Singhania book and for theory Manoharan book

Master Kumar Gaurav 

Congrats ......that u have lived the spirit of a

 

CA

Because, self study is eccentric to this course.

 

At IPCC level, u can manage things

Dear......easily through self study

provided ur Articleship is Flexible Enough..

MY SUGGESTIONS:

1) REFER A STANDARD BOOK ON COSTING SUCH AS PADHUKA/SAXENA VASHIST FOR "CONCEPTS"

AND RIGOROUSLY USE THE COMPILERS/SUGGESTED FOR PRACTICE, APART FROM MAT(ICAI)

MARGINAL IS EASY TOPIC, INTEGRATED REQUIRES CONCEPTS.

2) GIRISH AHUJA IS BEST FOR IPCC LEVEL

SINCE CONCEPTS ARE DISCUSSED ADEQUATELYREFER PADHUKA FOR "REVISION" OR REFER T N MANOHARAN FOR QUICK COVERGE.

lastly, i suggest that go for "ICAI" Tax Module only at your own risk, since amendments might not be the required one.

 

 

CHEERS..............

don't worry dear, go for institute study  mat & after it for practice manual.

hi kumar...just be confident...solve more and more from practice manuals..for the chapters you are finding hard,take help from your friends..i know your  time is not manageable,but you have to take chances..2, 3 months hardwork..i am not suggesting you to consider CCI online coaching..because i don know anything about it..ask your friends or cci students who had benefited from it and then consider.....I also came from same scenario where i couldnt understand certain topics..keep studying..dont get frustrated yaar...you will pass...keep smiling

one more thing kumar...study padhuka for cost paper..as our friend told.it will boost your confidence..The topics like Integrated Accounting..create a pattern for recollecting the journal entries..automatically you will get ledgers..try solving..dont go through...i did that mistake first time,second time also when i failed..for overheads same thing..practice the padhuka illustrations and solve once on your own..the first time it wont get into us..keep thinking how how..you will get it..hit the topic like finding machine hour rate..departmental rate...after evry topic.dont hesitate to practice past RTPs..that will be so helpful....who knows,there are lots of instances where our institute has given the same problem which has been in past RTPS.

My suggestion for u is follow all above and i am adding one more here is .....after completion syllabus study suggeted answers and RTP also ........and after completion of each chaptet refer scanner for the same

First of all no need to worry as it is a common problem.

Please check my Article regarding How to manage Professional studies while working !

 

Over a period of time I have observed that continuing professional studies along with job is a very tuff job. In my life I have face the same situation and managed the same pretty well. Hence I thought let me take this chance to share my experience with you all.

 

As per my personal opinion it is not impossible to manage your job and studies both at a time provided your time management complements your time schedule of job.


I would advise you to just focus on what you want to achieve keeping in view the time you have in your hand after your job. Just imagine you have near about 4-5 hour in your hand after your office time. According to me by applying some method or time management and determination you can easily manage around 3 hours time for your study.

 

Trust me it is difficult but not impossible. I worked full time while getting my Law qualification so I know how difficult it can be. I used to study during lunch sessions and during travelling. I would also advise you to plan your weekends well in advance from your study point of view.

 

I can think of few tips from my personal experience which are given below:

 

MORNING STUDIES

 

For students who are working along with study the point below becomes very important. I would advise you to get up earlier in the morning and utilize your morning time for study. I know some of the students prefer late night study. But for working students the same is not advisable because of evening office tiredness.

 

Just trust me even just waking up an hour earlier could make a difference to your studies. So make a mind set to wake up early in the morning. This could help to get you started. I'm sure that it would be difficult in the beginning, but after a few weeks, you'll settle into the new routine.

 

UTILISE THE DAY TIME


I would also advise you to make full use of day time for your studies. You may use your lunch time for studying or discussing general topics. Always have your materials readily available so that you can study at any given time.

 

One more important thing regarding above 2 headings is always use the morning time for preparation of important topics and chapters. You may finish general topics in day time by discussing them with your friends or colleagues doing the same course.

 

TIME MANAGEMENT IS MUST

 

Yes as we all know managing studies with job is a very tuff task unless you have a well organized time table to manage both. So in this manner again time plays an important role. The importance of time can also be realized from the above two headings.

 

However if you are engaged in part time job yes you can have reasonable time to study. On the other hand if you are engaged in full time job you have to plan your studies out for effective utilization of your limited time.

 

STUDY DURING COMMUTE TIME

 

It is not easy for everyone to concentrate on study while travelling. However your travel time which is lengthy can be very handy if you can utilize it for your study. It is all about mind set once again. Select simple and interesting topics to study during your commute time. Again for this a proper schedule and planning is required.

 

FEW GENERAL POINTS TO BE TAKEN CARE OF WHEN TIME IS LESS


1. For some time you have to plan your leisure activities or in other words all you need to prioritize your activities. You may postpone few activities till your exam gets over.


2. You may study on a neutral place instead of your home. Getting out of home helps many people. Since being at home can often be distracting as you want to take care of things that can wait.


3. You may also utilize your working time towards your studies. While on work you can discuss topics with your colleagues who are doing the same course. In other words working as a group also helps.

 

BENEFITS OF STUDYING ALONG WITH JOB

 

I know for some student study with job is a very difficult situation. However there is another aspect of the coin which needs to be discussed. There are certain benefits which are attached with study along with your job. Some of them are:

 

  1. You will understand the value of time because without understanding the value of time you can’t manage your studies with job.
  2. You will learn how to effectively utilize limited to achieve higher goals
  3. Your vision and view will be broaden because you develop the ability to achieve more in short period of time.
  4. You will develop the ability of multi tasking which is very imp in today’s time.
  5. You will learn how to utilize your work experience in your studies.

 

PRE-CONDITIONS FOR SUCCESSFUL STUDY WITH JOB

 

Let me sum up the discussion by mentioning some of the pre-conditions for successful study with job. These pre-conditions are:

 

  1. Effective utilization of time.
  2. Pre-planned schedule for the day; like what to study and when to study.
  3. You must plan your vacations and holidays well in advance from study point of view.
  4. Stick to the basics of study because you don’t get time for experiment with your study. To find out basics of study kindly refer the link given below:

 

BASICS OF STUDY PROFESSIONAL COURSE !!!

 

In the end I would say it is all about being dedicated and finding a balance. Many would say it requires "sacrifice" but to be honest I don’t think so. If you want something bad enough, then you shouldn't think of things you're giving up as a sacrifice. You're simply prioritizing according to your short and long term goals. I've seen many inspirational examples of dedication and prioritization.

 

You are requested to please share your views.

 

Thanks

RG

HEY FRIEND LISTEN,

 

FOR COSTING  : NOTHING IS BETTER THAN " PADHUKA" OF SARVANA PRASATH... THIS BOOK IS BEST FOR GOOD SCORING AND SELF STUDY.

 

FOR INCOME TAX : BE WITH " T N MANOHARAN " BOOK & I WILL ALSO TELL YIU THAT PLEASE DISCUSS THE SAME WHAT YOU READ WITH YOUR PRINCIPAL SO THAT YOU WILL GET PROPER IDEA OF THE PROVISION

beter use Rakesh agarwal sir's notes for costing (n do solve extra prob on back of the notes) and vinod Gupta for taxation..


CCI Pro

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