Practice
363 Points
Joined February 2010
dear aradhna
Group I .......lenghty......but easy to clear if good in audit...bcaz many stud fail in audit with very bad marks
u have to score 55+ in accounts and FM as they help in aggregate
accounts:
study AS from the book which u refered in inter also but this time it should be in detail
i prefer 3-4 times reading of AS....... concept should be clear...only 4-5 past exam sums on every AS is enough..
then do small chapter like mutual fund , esop , value addedd , human resouse accounding and external reconstruction etc...each chapter takes roughly 30-40 mins to prepare....
the big chapters are amalgamation , absorption , valuation of goodwill shares and holding company accounts
these three chps come for 16 marks so u have to study any two in detail......go for goodwill and amalgamation chapter..only one sum of 16 marks if clicked in exam will get u 55+ marks......focus on small chps from where 5mks and 8 marks questions are asked
FM :
stictly take classes or guidance of friend who is expert in fm....i taught my friend forex and derivatives which come for 16 marks atleast........others chapters can be managed..become crazy of chapters like portfolio management and forex and derivatives.......actually u need to understand the concept and then solve past questions to gain confidence..atleast 16 marks questions is repeated in both papers.......and when your exams start and if any one paper either accounts and fm is giving you 60+ than probabiliy more is of passing and ur confidence will raise and it will have positive effect on theory papers that is audit and law.......
audit:
thorough AS Will give 10 marks...SA 10 marks and suppose ethics also 10 marks ......so score atleast 28-30 marks out of roughly 35-40 marks paper on ethics as and sa..........rest u need just 30 marks out of 60 marks in theory asked from chapters.....do ethics from paduka and sa from book which u used for inter...chapters can be done from practice manual.....takes only 4-5 days to read whole practice manual........
law:
first bare act from any book u like......rough reading will do..
then only practice manual reading 2-3 time........moreover i find icai law practice manual the best book.....
do directors chapter...drafting chapters......last chap of statue interpratation....banking chp......competetion act.....
dont waste time in FEMA AND SEBI more ......its ok if u r study perfect for 90 marks paper only
dam sure u will get 50-55 from reading practice manaul....gaved three times law exam from practice manual never failed....
u know it is hardwork + smart work to pass.......will give u more suggg afterwards
thanking you
yours truly
vikas agrawal