Tuesday, February 14, 2012

Are you ready to do CA ?

Article by Renu Singh
Source: CA Club India

CPT the beginning of the studies of CA. So let’s first understand it's structure:-

Accounts:50 marks.

Law:50 marks.            

Economics:50 marks.

Maths:50 marks.

Passing criteria:100 marks.

Negetive marking:25 per question.

Normally people think,its not a subjective exam so they can easily dealt with it. But opposite happens with some. And the worse thing is,it happens again and again.The real question arise is why it happen again and again.

Let’s take an example:-

accounts-7    correct -10         incorrect-12
laws-12.25  correct -16         incorrect-15
economics-(-3.25)  correct -0       incorrect-13
quantitative aptitude-(-0.25)  correct -0       incorrect-1

In  the above case, we can easily see that accounts and law are just fine.Literally not.

But  economics and maths are more than worse totally terrible.To achieve min 50%,the one should focus to get average % first.

So the gist is People don’t lose because they can’t score 50 %.But they lose because they can’t save themselves from negative marking.So what could be the real solution:-

1.If you are smart,CA fraternity is smartest.They gonna focus those points which people overlook.

2.So atleast one reading of Institute material is compulsory.

3.No matter how perfect person you are,you can still commit mistakes.I am assuming that while attempting 10 question, your mistakes are 2/10.

4.In short you can even lose marks where you are perfect. 

5.Where you are already weak, your mistake will be 6/10.Means you lost more than you gain.

6.So where you are good,make yourself perfect.But where you are weak,make your at least performance satisfactory.

Analyzing part :-

Now it’s time to analyze your mistakes. I am talking about those questions for which you need to guess about answering them. Part them into three categories:-

1.Where you think that  chances of this question to be right is 80%

2.Where you think that chances of this question to be right is 50%

3.Where you think  that chances of this question to be right below 50%

Result part:-

If yourright answer belongs to just category,then only answer those question whom you are atleast 80% sure.If your right answer consists upto category 2,then you can answer questions where you are guessing upto 50%in the required question.

If you need to guess and your inner conscience doesn’t agree with your answer and you disagree with your answer and fall in third category.Then You don’t even dare to attempt that question.

Note:-

1.This formula prevents you from negative marking.

2.You can easily check what questions you should not answer.

3.Taking test on regularly basis is necessary.

4.You have to study first of every subject to apply this rule.

Books :-

1.Study material is wide enough. It covers each and every prospect of the question.

2.Use cds and model test papers as must and do as many as you can.

3.For economics,I.C.Dhingra is best book which is really simple in reading.You might have referred the same in graduation. I did it so I can say,It gives an idea atleast.

4.Otherwise class 11 and 12 books really provide a good  backup.

5.A must solution book of maths  to practice maths.

6.Keep formulas in paper till you can’t keep them in your mind.

7.Even if you are weak in maths,you can save 20% from statistics part.Which is relatively easy.

8.You can prefer King Champion guide also,in case you don’t find I.C.Dhingra.Atleast this is available from every  Delhi university student.

9.For law undoubtedly refer P.C.Tulsian.The best book for self study.

10.In Accounts,you can also refer P.C.tulsian.

Lastly,I can say,

If I studied with the intention to be a failure and still passed,then you must remember that you are at least more dedicated than me towards your study.

Regards
Renu.

Don't care words of the world. Just focus on your aim

Story by CA Ankur
Source: CA Club India

Hi friends I want to share my story(not in pakau way)with you and I hope that this will definitely increase your confidence.

I joined CA when CPT was launched and I failed in CPT when result was 66.67%. Yah I was failed in CPT and when all my friends were passed, I failed in that and due to that I received bad comments from my relatives and my friends even some peoples advised me to leave CA because  if I could not put my name in 67% list then how I would be able to put my name in 10%.

Definitely I was thrashed and disappointed and my parents were ashamed of me due to that....then after 5-6 days my father took me to a private tutor where he requested him with joining hands that please save the career of my child.I felt really bad at that moment and after that I went to home, cried and thought that I would definitely clear the exam.

Then I worked hard and cleared the CPT exam but the journey was not over, I joined articleship, in the beginning I made lot of mistakes in work and for that my principal kept scolding me and then I thought how I would perform such work  but somehow I managed.

Now then PCC exam came and in the 1st attempt I failed in both groups and again I received the same compliments as I had received at the time of CPT but again I didn't lose hope and I took the people who criticized me as my well wishers because they underestimated me and that indirectly motivated me, after that I cleared PCC exam by clearing single group wise.

Now it was the turn of Final exam and due to circumstances I was unable to take coaching of final examinations and most of my friends told me that I could not pass exam without coaching.Then I bought books of good authors and decided to self study for each subject and after full preparation I appeared for November 2011 exams.

Thanks to god, my parents, well wishers and my criticisers (People who criticized me how can I forget them) I cleared my CA Final both groups in Nov 2011.And after getting this news my criticizers were fully amazed,depressed and said that 'we tell you from the beginning this boy will become CA'. What an amazing world.

Anyways friends please don't demotivate from people who criticize you and take their words to boost your confidence.

I wish you would like this article and it motivates you.

According to me everybody is good and there is no person who is under or above the another and definitely if u work hard with honesty you will succeed.

Monday, January 2, 2012

Syllabus applicable for may 2012 exams-icai new annoucement

Dear All
ICAI has at last announced the  Syllabus Applicable for May 2012 Exams for PCC, IPCC and Final Students. Relevant notification which contains subject wise applicability of syllabus for May 2012 exams is attached herewith for your reference. For latest study materials, refer icai website to download. Taxation subject material is updated recently. IndAS is not applicable for May 2012 exams for all levels of CA. Hope it helps you.

Download : http://adfoc.us/6882781487

Saturday, September 24, 2011

How to face CA examinations?

ICAI has released a manual on how to prepare for CA Exams- IPCC & Final
Tips are given for each & every subject seperately. It's very useful . Follow the link on ICAI website -
 
Download : CLICK HERE