Friday 6 November 2015

How To Score Good Marks In CA-CPT Accounts

Posted by mahesh goud 4 Comments
Are you a maths background student (or) you have exam fear on accounts subject ?And worried about your CA-CPT Accounts subject? Then,you have landed at the right place.In this post,we are going to show you a path to score good marks in ca-cpt accounts.Yes,it's all magic of  smart study.A better way to score good marks in your exam.A very common problem faced by math background students (or) who has fear about on Accounts is ,how to score good marks in accounts subject is becoming a big problem,What If I told you that you can score good marks in accounts subject,with out any too much hard work?Lets break this question and here is a complete details for you.

WHAT TO STUDY IN CA-CPT ACCOUNTS:

You should focus on the following chapters,to get good marks in the ca-cpt accounts subject.
1) COMPANY ACCOUNTS
2) PARTNERSHIP ACCOUNTS
3) CONSIGNMENT
4) DEPRECIATION
5) BILLS OF EXCHANGE.

PREPARATION PLAN FOR ABOVE LISTED CHAPTERS:

1) Firstly,you have select chapter from the above listed chapters to read.
***DON'T SELECT TWO (OR) MORE CHAPTERS AT A TIME TO READ.PLEASE PICK UP ONLY ONE CHAPTER A TIME AND TRY TO COMPLETE IT .AFTER COMPLETION OF READING SELECTED CHAPTER,GIVE A GAP OF 20 MINUTES BEFORE GOING TO SELECT ANOTHER CHAPTER.

2)After selecting the chapter,you should have to read the whole theory part at first and try to understand the topics of chapter.

3)Read the whole theory one to two times.This will help to remember the important points in the chapter.

4) Next part of your work is,Do the practical example problems in the chapter and at last try solve the mcq's in the  chapter.

AFTER COMPLETION OF STUDYING ABOVE LISTED FIVE CHAPTERS,FOCUS ON THE BELOW LISTED IMPORTANT POINTS:

1)COMPANY ACCOUNTS: This is the one of the important chapter in accounts,In this chapter you have to focus on
   *Issue of shares.
   *Forfeiture of shares.
   *J/E of accounts.
   *Debentures. 

2) PARTNERSHIP ACCOUNTS: This is the second most important topic in accounts subject.Have a look on the following important topics
                                                  *Profit sharing ratio.
                                                  *Revaluation of goodwill.
                                                  * Entry of new partner.
                                                  *Death of partner.

3)DEPRECIATION: This chapter is little bit easy to understand,When compared to the above two topics.Focus on
                                      *Straight Line method.
                                      *Written Down Value Method.
                                      *Do problems on retrospective effect topic.
                                      *Annuity method.

4) CONSIGNMENT:
                                 Read the whole chapter with out skipping any point,because it is more easy to understand.

5) BILLS OF EXCHANGE: This is also one of the easiest topic in the accounts.Look at the following points
                                                    *Bill after sight.
                                                    *Bill after date.
                                                    *Maturity date.
                                                    *Public holidays.
                                                    *Sudden holidays.
                                                    *Grace period.
                                                    *Discounting the bill before date.

BONUS POINTS:

*Read the concepts of accountancy.
*Remember policies of accountantcy.
*Read accounting defination.
*Try to read Joint venture to score extra 2-3 marks.

NOTE: THIS TIPS ARE BASED ON THE PREVIOUS EXAMINATIONS.
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Friday 12 June 2015

ELIGIBILITY OF CA-CPT

Posted by mahesh goud 4 Comments

ELIGIBILITY OF CA-CPT:

 A STUDENT SHOULD MEET THE FOLLOWING CRITERIA TO ENROLL FOR CPT:      
                                           A student who has passed the Class 10 examination conducted by an examining body constituted by law in India (or an examination recognized by the Central Government as equivalent thereto) may register for Common Proficiency Test.
                                          A registered student may appear in Common Proficiency Test after he has appeared in the Senior Secondary Examination* (10+2 examination) conducted by an examining body constituted by law in India (or an examination recognized by the Central Government as equivalent thereto) and has complied with such requirements as may be specified by the Council from time to time.

  EXAMINATIONS IN INDIA TREATED AS EQUIVALENT TO SENIOR SECONDARY EXAMINATION:


  1. Gujarat Secondary & Higher Secondary Education
  2. Board of School Education, Haryana
  3. H.P. Board of School Education
  4. J & K State Board of School Education
  5. Jharkhand Academic Council
  6. Government of Karnataka Department of Pre-University Education
  7. Kerala Board of Higher Secondary Education
  8. Maharashtra State Board of Secondary & Higher Secondary Education
  9. Board of Secondary Education, Madhya Pradesh
  10. Council of Higher Secondary Education, Manipur
  11. Meghalaya Board of School Education
  12. Mizoram Board of School Education
  13. Nagaland Board of School Education
  14. Punjab School Education Board
  15. Board of Secondary Education, Rajasthan
  16. Tamil Nadu State Board of School Examinations
  17. Tirupura Board of Secondary Education
  18. U.P. Board of High School and Intermediate Education
  19. Board of School Education, Uttarakhand
  20. West Bengal Council of Higher Secondary Education
  21. Chatisgarh State Open School
  22. M.P. State Open School
  23. Rajasthan State Open School
  24. Board of Intermediate Education, Andhra Pradesh
  25. Assam Higher Secondary Education Council
  26. Bihar School Examination Board
  27. Central Board of Secondary Education (CBSE)
  28. Chhatisgarh Board of Secondary Education
  29. Council for Indian School Certificate Examinations (CISCE)
  30. Goa Board of Secondary and Higher Secondary Education
  31. The West Bengal Council of Ravindra Open Schooling
  32. Banasthali Vidyapith
  33. Council of Higher Secondary Education, Orissa
  34. 5 (five) passes at GCE ‘O’ level/GCSE/IGCSE in A/B/C Grades and two passes at GCE ‘Advanced’ level examination of the approved British Examining Bodies subject to submission of equivalence certificate issued by the Association of Indian Universities, AIU House, 16 Comrade Indrajit Gupta Marg (Kotla Marg, Opp. Bal Bhavan), New Delhi-110 002 certifying that the examination passed/appeared is equivalent to +2 stage qualification of an Indian Body.
  35. Students who have completed two years of higher education including Diploma course after passing 10th class, conducted either by Central/State Government(s) and on passing such a course have either been admitted to first year of graduation course or have passed the graduation course conducted by any University, including Open Universities, established by law in India shall be also eligible for admission to the Common Proficiency Test (CPT).
  36. 10+2 Examination of any other recognized Board/University not covered above but recognized by Association of Indian Universities (AIU) as equivalent to Senior Secondary (10+2) Examination as recognized by Central Government.


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Thursday 11 June 2015

CA-CPT EXAM NOTIFICATION

Posted by mahesh goud 10 Comments

OFFICIAL CA-CPT EXAM NOTIFICTION BY ICAI:


TO BE PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA
 NOTIFICATION20th January, 2015
No.13-CA (EXAM)/CPT/June/2015: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test will be held on Sunday, 14th June, 2015 in two sessions as below, at the following centres provided that sufficient number of candidates offer themselves to appear from each centre.
[This Common Proficiency Test will be conducted as per provisions of Regulation 25 D (3) of the Chartered Accountants Regulations, 1988.]

First Session 
(i.e. Morning Session)
10.30 AM to 12.30 PM (IST) 
Section - A Fundamentals of Accounting 
Section - B Mercantile Laws

Second Session 
(i.e. Afternoon Session)
2.00 PM to 4.00 PM (IST) 
Section - C General Economics 
Section - D Quantitative Aptitude

PLACES OF EXAMINATION CENTRES IN INDIA:
1AGRA2AHMEDABAD3AHMEDNAGAR
4AJMER5AKOLA6ALAPPUZHA
7ALIGARH8ALLAHABAD9ALWAR
10AMBALA11AMRAVATI12AMRITSAR
13ANAND14ANANTAPUR15ASANSOL
16AURANGABAD17BANGALORE18BAREILLY
19BATHINDA20BEAWAR21BELGAUM
22BELLARY23BERHAMPORE24BHAGALPUR
25BHARATPUR26BHARAUCH27BHAVNAGAR
28BHILWARA29BHIWANI30BHOPAL
31BHUBANESWAR32BHUJ33BIKANER
34BILASPUR35CHANDIGARH36CHENNAI
37CHITTORGARH38COIMBATORE39CUTTACK
40DEHRADUN41DELHI/NEW DELHI42DHANBAD
43DHULE44DUNDLOD45DURG
46DURGAPUR47ERNAKULAM48ERODE
49FARIDABAD50FATEHABAD51GANDHIDHAM
52GANDHINAGAR53GHAZIABAD54GORAKHPUR
55GUNTUR56GURGAON57GUWAHATI
58GWALIOR59HISAR60HUBLI
61HYDERABAD62INDORE63JABALPUR
64JAIPUR65JALANDHAR66JALGAON
67JAMMU68JAMNAGAR69JAMSHEDPUR
70JHANSI71JHUNJHUNU72JODHPUR
73KAITHAL74KAKINADA75KANNUR
76KANPUR77KARIMNAGAR78KARNAL
79KISHANGARH80KOLHAPUR81KOLKATA
82KOLLAM83KOTA84KOTTAYAM
85KOZHIKODE86KUMBAKONAM87KURNOOL
88LATUR89LUCKNOW90LUDHIANA
91MADURAI92MANGALORE93MAPUSA (GOA)
94MARGAO (GOA)95MATHURA96MEERUT
97MORADABAD98MUMBAI99MUZAFFARNAGAR
100MYSORE101NAGPUR102NANDED
103NASHIK104NAVI MUMBAI105NAVSARI
106NEEMUCH107NELLORE108NOIDA
109ONGOLE110PALGHAT111PALI MARWAR
112PANIPAT113PANVEL114PATIALA
115PATNA116PIMPRI-CHINCHWAD117PONDICHERRY
118PUNE119RAIPUR120RAJAMAHENDRAVARAM
121RAJKOT122RANCHI123RATLAM
124REWARI125ROHTAK126ROURKELA
127SAHARANPUR128SALEM129SAMBALPUR
130SANGLI131SANGRUR132SATARA
133SHIMLA134SIKAR135SILIGURI
136SIRSA137SIVAKASI138SOLAPUR
139SONEPAT140SRI GANGANAGAR141SRINAGAR
142SURAT143SURENDRANAGAR144THANE
145THIRUVANANTHAPURAM146THRISSUR147TINSUKIA
148TIRUCHIRAPALLI149TIRUNELVELI150TIRUPATI
151TIRUPUR152TUTICORIN153UDAIPUR
154UDUPI155UJJAIN156VADODARA
157VAPI158VARANASI159VASAI
160VELLORE161VIJAYAWADA162VISAKHAPATNAM
163WARANGAL164YAMUNA NAGAR  

PLACES OF EXAMINATION CENTRES OVERSEAS:
(1) ABU DHABI (2) DUBAI (3) KATHMANDU
The Council reserves the right to withdraw any centre at any stage without assigning any reason.
Applications for admission to Common Proficiency Test is required to be made in the relevant prescribed form as contained in the Information Brochure, which may be obtained from the Deputy Secretary (Examinations), The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg, New Delhi – 110002 on payment of 1500/- (500/- towards examination fee and 1000/- towards cost of application form and Information brochure) per application form. The fee for candidates opting for Abu Dhabi and Dubai, centres will be US $170 (US $ 150 towards examination fee and US $ 20 towards cost of application form and information brochure) or its equivalent Indian Currency. The fee for the candidates opting for Kathmandu centre are required to remit INR.1850/-(INR 850/- towards examination fee and INR 1000/- towards the cost of application form and information brochure) or its equivalent foreign Currency. Since the cost of Information brochure containing Common Proficiency Test application form includes the examination fee, no separate fee is required to be remitted at the time of submitting the filled in application form. The Information brochure containing Common Proficiency Test application form will also be available in the Regional and Branch Offices of the Institute and can be obtained there from on cash payment on or from 7th April, 2015.
Common Proficiency Test application forms duly filled in may be sent so as to reach the Deputy Secretary (Examinations) at New Delhi not later than 28th April, 2015. Applications received after 28th April, 2015 shall not be entertained under any circumstances. Applications duly filled in will be received by hand delivery at the offices of Institute at New Delhi and at the Decentralised Offices of the Institute at Mumbai, Chennai, Kolkata, Kanpur, Ahmedabad, Bangalore, Ernakulam, Hyderabad, Indore, Jaipur, Nagpur, Pune, Surat, Thane and Vadodara upto 28th April, 2015. Candidates residing in these cities are advised to take advantage of this facility. It may be noted that there is no provision for acceptance of application forms after 28th April, 2015 with late fee.
The candidates who fill up the examination application form online at http://icaiexam.icai.org from 7th April, 2015 (10.00 hrs) to 28th April, 2015 (17.30 hrs) and remit the fee online by using either VISA or MASTER Credit/ Debit Card shall not be charged 1000/- (i.e. cost of application form fee)
The aforesaid Common Proficiency Test (CPT) is open only to students registered with the Institute of Chartered Accountants of India for the Common Proficiency Course on or before 1st April, 2015 and fulfill the requisite eligibility conditions.
QUESTION PAPER BOOKLET LANGUAGE:
Common Proficiency Test is an objective type multiple choice questions based examination. Candidates will be allowed to opt for Hindi medium Question Paper Booklet for answering the questions. Detailed information will be found given in the Information brochure.
(V. SAGAR)
ACTING SECRETARY
 

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Wednesday 10 June 2015

TIE-UP BETWEEN ICAI AND IGNOU

Posted by mahesh goud

MOU BETWEEN ICAI AND IGNOU:

  • Recognizing subjects studied in the entry level course of chartered accountancy, by whatever name called, and subjects of study in the first stage of chartered accountancy course, by whatever name called under the approved scheme of education and training of the ICAI, as well practical training component, IGNOU shall launch a specialized B.Com Course majoring in Accountancy and Finance for the students of chartered accountancy course by which exemption be granted in certain common subjects such that these students can improve their learning process by acquiring knowledge in new areas rather than concentrating in the same subject, which are covered in the theoretical education scheme of the chartered accountancy.
  • To facilitate the collaborative learning process, a student admitted in the first stage of chartered accountancy after passing 10+2 standard examination and entry level test of the chartered accountancy shall be admitted to special B.Com. course of IGNOU.
  • A student admitted under this special B.Com. course shall complete study modules of IGNOU as per the scheme given in ANNEXURE-I and shall be awarded B.Com. degree on qualifying first stage of chartered accountancy examination as well as subjects of study in special B.Com. course of IGNOU.
  • The IGNOU shall offer appropriate scheme of transition for these category of students in case any student has joined this special programme opts for studying B.Com. of IGNOU exclusively.
  • Recognizing subjects of study in the chartered accountancy final stage, the IGNOU agrees to launch a special master programme in commerce majoring in Finance and Taxation for the benefit of students who are undergoing CA Final Course or who have already qualified CA Final examination as per details given in Annexure –II.
  • To facilitate the collaborative learning process, a student admitted in the final stage of chartered accountancy or who have passed CA Final examination shall be admitted to special M.Com. course of IGNOU.
  • A student admitted under this special M.Com. course shall complete study modules of IGNOU as per the scheme given in Annexure-II and shall be awarded M.Com. degree on qualifying final stage of chartered accountancy examination and as well as subjects of study in the special M.Com. course of IGNOU.
  • The IGNOU shall offer appropriate scheme of transition for these category of students in case any student have joined this special programme opts for studying M.Com. of IGNOU exclusively.
  • The ICAI and the IGNOU agree to organize collaborative personal contact programme for these students.
  • The special B.Com. course shall be offered both in English and Hindi medium effective from the academic session commencing in June, 2007, and the special M.Com course shall be offered in English from the academic session commencing in June, 2007 and in Hindi medium as well from the academic session commencing in June, 2008.
  • The ICAI and the IGNOU agree to constitute a Coordination Committee to facilitate exchange of students records and monitor their progress on continuous basis.
  • The ICAI and the IGNOU also agree to carry out research jointly for improvement in the pedagogy for commerce and management students and to jointly organize seminars on contemporary issues relevant for commerce and management students.
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Tuesday 2 June 2015

PROCESS OF C.A WITH PARALLEL DEGREE

Posted by mahesh goud

CAN WE DO DEGREE AND C.A AT A TIME:

                                                                           YES, WE CAN DO C.A WITH DEGRE AT A TIME.AND IT WAS OFFICIALLY ACCEPTED BY ICAI. IF YOU WANT ANY JUST GO THROUGH IT.

 WHICH GROUP IS BETTER WITH C.A

          GENERALLLY MOST OF THE STUDENTS WILL JOIN IN B.COM [GEN].BUT AS PER THE PAST EXPERIENCE B.COM[COMPUTERS] IS BEST GROUP FOR C.A STUDENTS IN DEGREE.

WHY B.COM [COMPUTERS] IS BETTER THAN B.COM [GENERAL]

                 BECAUSE, IF WE JOIN IN B.COM GENERAL GROUP THERE IS NO SCOPE OF THAT GROUP IN THE PRESENT JOB MARKET.BY JOINING IN B.COM COMPUTERS WE HAVE TO STUDY AN EXTRA SUBJECT WHICH IS RELATED TO COMPUTERS.THEN WE AN COMPLETE GRIP ON COMPUTER LANGUAGES AND FUNDAMENTALS OF COMPUTERS.SO, THIS IS GROUP BEST FOR C.A STUDENTS.

PROCESS OF C.A-DEGREE

1]  FIRSTLY, COMPLETE YOUR INTER EDUCATION.THAT MEAN YOU HAVE TO PASS.

2] THEN AFTER ENROLL FOR CPT REGISTRATION. TO KNOW THE PROCESS OF CPT REGISTRATION CLICK HERE.

3]AND JOIN IN DEGREE COLLEGE AT YOUR NEARER IN B.COM COMPUTERS GROUP.
                                                                
                                        

 

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