Ten important tips for CA IPCC exams

With just one month remaining for IPCC exams, it's time to put all your efforts into your study and don't leave any stone unturned to ensure the positive result. I am providing you some important exam tips which can be the key of your success. So have a good read folks! All the best for May 2015 attempt.

1)    I always believe that you read it from first day what you are going to read on last day…so choose your material carefully…

For e.g. If you are thinking of reading book X and you have read it through your entire vacation and suddenly you come to know that book y is better, then it will be an awful process to read the other book at last minute…

So choose book well after asking teachers, seniors and even go through it once roughly so that you come to know it matches with your pattern and then read it and no matter what other people say do not change it at later date.

2)    Do not ignore past papers, practice manuals and RTPS, if  you will see past papers you will come to know the pattern as well as importance of chapters and that many questions are repeatedly asked in consequent attempts(FAQ). scanners are good help here.

3) Important topics/chapters have very less relevance when it comes to preparing for IPCC. There is nothing like imps in CA.

4)    Read something of everything and everything of something...i.e. when you don’t have time and you are deciding to leave some chapters don’t leave them entirely…go through them...and when you are focusing on something focus so well that even hardest of question you can crack.

5)    Group study is the boon for knowledge sharing. You’ll able to capture different mind sets and will be able to increase knowledge domain.

6)    Never compare your efforts with anyone else’s. You are unique and so are your efforts and your results.

7)    Always remember that CA exams are harder due to the hype and vast syllabus than hard paper. So never freak out and have positive attitude towards exams.

8. Instead of fixing study hours, fix the target to complete particular topics/chapters everyday. 10-12 hrs study cannot guarantee your success but effective study matters most.

9. Revising the whole course at least three times is very important to clear the IPCC stage.

10. Be careful while quoting the section numbers in law and taxation. If you are not 100% confident of section number then it is advisable to not quote the section number at all.

Revision - It is important to revise your whole course at least 2 times before exams. - It is impossible to revise all questions. So always be selective while revising them. - But must ensure that all the concepts have been revised properly. - Before exam try to practice some mock tests. They will make you ensure in which area you are lacking. - Don't do anything new 20 days before exam. Focus should be more on completed topics 7. How much hour to study - A silly question, but still many students are searching for it regularly. - Once some juniors asked me the same question, I said I used to study whenever I get time. Some day it go beyond 14 hours, some time hardly 1-2 hours. - My seniors use to tell me prepare you plans in advance and try to follow them. But sincerely speaking I never followed any written plan. Ya, I do create plans but follow them according to my needs. - For eg, I create a target that I will complete this portion in such number of days. Don't prepare schedule like study accounts for 3 hours, audit for 2 hours, tv for 1 hour etc, very difficult to follow such a schedule. - My teacher told me a very good technique to improve your performance, he said prepare a weekly schedule on starting of a week and check on last day of the week what was your efficiency ratio during the week and again make plan for next week with necessary modification. In this way you will always have an idea what are your shortcomings. - Finally after all the discussion I would say according to me a regular study is more important then 10-12 hours study irregularly. - I read many Rank holders interview, overall my observation was : coaching/ college + 2 hours self study during starting period, 6-8 hours for 4 months before exams, 10-14 hours for 1 month before exam.

Read more at: http://www.caclubindia.com/forum/preparation-tips-for-ca-ipcc-exams-260755.asp#.VRkhAo653CN

Revision - It is important to revise your whole course at least 2 times before exams. - It is impossible to revise all questions. So always be selective while revising them. - But must ensure that all the concepts have been revised properly. - Before exam try to practice some mock tests. They will make you ensure in which area you are lacking. - Don't do anything new 20 days before exam. Focus should be more on completed topics 7. How much hour to study - A silly question, but still many students are searching for it regularly. - Once some juniors asked me the same question, I said I used to study whenever I get time. Some day it go beyond 14 hours, some time hardly 1-2 hours. - My seniors use to tell me prepare you plans in advance and try to follow them. But sincerely speaking I never followed any written plan. Ya, I do create plans but follow them according to my needs. - For eg, I create a target that I will complete this portion in such number of days. Don't prepare schedule like study accounts for 3 hours, audit for 2 hours, tv for 1 hour etc, very difficult to follow such a schedule. - My teacher told me a very good technique to improve your performance, he said prepare a weekly schedule on starting of a week and check on last day of the week what was your efficiency ratio during the week and again make plan for next week with necessary modification. In this way you will always have an idea what are your shortcomings. - Finally after all the discussion I would say according to me a regular study is more important then 10-12 hours study irregularly. - I read many Rank holders interview, overall my observation was : coaching/ college + 2 hours self study during starting period, 6-8 hours for 4 months before exams, 10-14 hours for 1 month before exam.

Read more at: http://www.caclubindia.com/forum/preparation-tips-for-ca-ipcc-exams-260755.asp#.VRkchI653CM