Monday, August 24, 2015

TIPS FOR STUDENTS OF B. COM, CA and CS



by Sadhvi Jaiswal, CA & CS



Hello friends, I am Shadhvi Jaiswal, a girl much like you who have big dream but less resources. But no worries!  My friends I am giving some tips as how I have studied and what should you do for better results though I know many of you must be following the same line that I followed.

Let me first introduce myself. I am a beneficiary of Sheela Kanoria Foundation from 2010.I have cleared my C.A final in First attempt in May 2015 and also is a topper of St. Xavier’s College Kolkata with Rank 1 in my specialisation in Accounts and Finance. I got All India Rank 5 and 8 in my Company Secretary Examinations. I am writing this article only to inculcate the feeling in you that there is much more potential in ourselves which we should first recognise and then methodically work on it to improve effective studies on a day to day basis.

You know to succeed in life you have to set your goals first and assign priority to each, then you should analyse your strengths and weakness. Like my strength is in practical subjects and weakness was theory subjects .For this I regularly practised practical sums to maintain my strength level and supplemented my theory with practical examples. I never mug up any theory. I continuously strived for gaining an understanding of the subject matter. Once you understand something you can write it in your words. For that you have to have command over your English language. Till now I try to improve my vocabulary. You can also do so by:
·    Daily reading English newspaper. This will increase your current affairs knowledge as well as support your fluency.
·      Always keep Oxford Dictionary by your side while reading newspaper, so that the word you don’t know, you can write it down in your notebook along with its meaning and the sentence.
·        Try to learn 5 new words each day and make an entry of it in your notebook.
·         Keep a separate notebook for this purpose.

Now I come to the technical part of C.A course, C.S and B.COM. See whatever the course may be but a serious dedication is a must for success. I find all these courses similar while C.A. focuses more on practical where as C.S. is based on theory (law) and B.COM is a combination of both.

Tips for C.A.Exam-

My dear friends, the concept that Tuition is necessary for C.A. Curriculum is totally wrong. You just need the right approach to study.

Take help and guidance from everyone who knows your subjects better be it your school teacher, college teacher, your boss, your relatives, your friends. Important thing is to develop the urge for learning.

  • Try to first study the institute module again and again till you gain an understanding of the concept, look for reference books from libraries. In this way you are expanding your knowledge base. After such expansion, you need to summarise your notes. Write down the salient points in your notebooks.
  •  The best thing is the institute’s practice manual. This is the compilations of the questions that Institute have asked in the previous examinations. Each year at least 60% of the questions asked in exam come from these Practice manuals which are supplied by the Institute.
  • Always write ‘to the point’ answers in Exam and try to answer and present all the 6 questions even if you don’t know much.
  • In practical sums there are always step marking. You get the marks even if your final answer is wrong. So show up each step clearly.
  • ACCOUNTS- learn the accounting standards name. Try to understand what the standard is trying to say about and make your own notes in concise form. For sums Institute Practice Manual and Study Materials are sufficient.
  • Financial Management-You can follow khan and Jain but again Institute study materials are by far the best.
  • Audit- you must follow ‘Surbhi Bansal’
  •  Law- Since the company law has changed so better follow the institute books.
  • Direct tax-V.K.Singhania is a good book. Read it along with Institute Book. Supplementary Paper and Case law Study Materials from institute are must. Citing case laws name and matter in law, direct tax and indirect tax paper adds to your marks.
  •  Advanced Management Accounting A.K.A Cost- This is very easy paper just go on practising the sum given in Institute Materials. Try to supplement it with theory. You just need to understand the theoretical portion first and then move to practical. For practicing more sums can refer Saxena AND Vashishst.
  •  Indirect Tax- refer Bangar book supplement it with latest circulars and notifications.
  •  Information Technology-Just follow Institute Book.

For C.S. Exams Only One Simple trick- READ THE INSTITUTE MATERIALS THOUROUGHLY four TIMES:
1ST TIME JUST READ.
2ND TIME TRY TO UNDERSTAND.
3RD TIME MARK IMPORTANT POINTS.
4TH TIME FOCUS ON SUCH POINTS
After doing this buy C. S. ‘Subject Scanner’ for each subject from Lawpoint book store in Dalhousie and go through the questions asked in the exam.  Learn all the answers especially focusing on the repetitive questions.

I hope this article may be useful to all of you and come out with flying colours from the examination hall.

“WINNERS NEVER QUIT AND QUITTERS NEVER WIN”