Hello everyone….Being one of the toughest courses in India chartered accountancy is a subject matter to discuss for many students & parents. So, Here I’m going to discuss how could I qualify IPCC in my first attempt with a decent percentage. I used to attend my ipcc classes daily…but I can say that I was not that much attentive in many classes. As a student most of the aspirants prefer to enjoy their student life.But there is a wrong notion among the students that “if we want to clear ipcc in first attempt then we need to sacrifice all sources of enjoyments” it’s not correct ……while pursuing my IPCC I continued to do all those things which I feel as a source of refreshing my mind. If you like this article then please like us on Facebook so that you can get our updates in future ……….and subscribe to our mailing list ” freely “ Recommended Articles

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How to pass CA IPCC in 1st attempt @lines of venkatrao

The only thing you need to have in your mind is “a strong determination to become a chartered accountant”.Besides studies a student may have interest in many other activities like music ,sports ,dance ,acting ,travelling etc….we don’t need to sacrifice all those for getting out of IPCC successfully in our first attempt. I was not able to understand some concepts in tax ,accountancy…..but the association with my friends made me to become an expert in such topics. I’m so much interested in Strategic management and auditing. So I used to listen the classes very carefully…. I faced some situations where I couldn’t even control my sleepy ,inactive mood.I followed some tips on my own to qualify IPCC in first attempt with good percentage.those are:

A) Group :1

  1. Accounting : put your efforts to become conceptually strong .Understand the difference between application of those concepts in various situations.Try to remember the formats of different statements ,accounts.If you missed the classes related to some specific chapter then ask your friends to understand it as early as possible.
  2. Law : First of all you have to concentrate more on ethics & communication…..which help to get more marks in comparatively little amount time. know the difference between the content and logic in application behind every act…..like companies act 2013 ,Epf act ,bonus act etc.,
  3. Costing & Financial management: Understand the application of each formula with the help of given inputs in the problem.Don’t ignore the theory part in costing.Even though you are strong in solving problems ,pay more attention to theory. Financial management is comparatively some easier than costing……only thing required is how effective you are in applying the concept.and here also theory is a great advantage to score better.
  4. Taxation: Listen to the classes carefully and try to understand the concepts with some examples.prepare charts for various implications and use them to revise quickly.”Tax to ca is like vax to candle”Concentrate on amendments.And prepare all types of problems in ICAI material.

B) Group-2:

1)Advanced accounting: Here you can follow the same approach like in accounting…but a slight difference is to concentrate more on few chapters like partnership ,branch accountants ,and format oriented chapters like insurance co,bank accounts,electricity co etc. 2)Auditing & assurance: Revise more number of times ……means recall the concepts as frequently as possible.Concentrate on standards on auditing, vouching & verification . 3) IT & SM: Relate the concepts to simple examples to understand IT better.Being a theoretical subject one may face many problems in remembering. So revise frequently and don’t be ambiguous in little differences among many similar wordings. The more you are good at understanding the question the more you likely to have chances to score better in SM. Link all the concepts with real examples and try to answer in short format with valuable points.

if you have any doubts then contact me on Facebook or venkatraopamidi4@gmail.com to clarify…..I’m always ready to share my experience that helps to others

This is my marks memo

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