Monday, October 30, 2017

Free Online CPT Practice Test Series Out for December 2017 Attempt

Good news for CPT December 2017 candidates. One of the famous CA Institute in India has recently released their free online CPT dec 2017 practice test series out for the first time.
The institute is well known in it's CPT, IPCC, and CA Final results. From here you will direct get links to all the mock test papers.


This online mock test series was earlier only for VSI candidates only. But facilitate it more and more students and to help all CA CPT students this year Vidya Sagar Institute has decided to keep it completely free for all candidates.


Many CA CPT toppers already agree that these online practice test papers contribute much more in their success.

When asked about IPCC online mock test series VSI Director, CA Mr. R.C. Sharma cleared that they are also planning for a free online mock test series for Inter students but that will not be available in this session.

The test series is designed by field experts to cover important topics for CPT Dec 2017. The test series consist of 20+ practice papers. Specially designed to get you ready for accounts laws, maths, economics, statistics.

How these Online practice tests papers Help You in CPT Dec 2017

CPT December 2017 exam is scheduled on 17 December 2017. A period of one month is left. Most of you must be in the revision phase. You will get one chance to and you want to give your 100%. To actually give you 100% in the exam you need to pass lots of exams before the main exam.

By lots of exams, i mean practice papers, mock test papers, model test papers.

"Practice Hard and Play Easy"

Keep remembering this quote in mind practice more and more mock test papers. Many of you might be thinking that their success will be assured once they will finish their syllabus. But here is the problem

This is really an old-school trick and in this competitive exam, this is not gonna work.

So then what?

The Toppers Secrete

We always have one or more friends who study less but obtain more marks. How they do that they have masters other skills that are time management, paper attempting skill, stress-free performance, and habbits of delivering 100%

CA CPT Online practice Papers

  1. Click on "free online CPT Dec 2017 practice test series" link.
  2. Free register yourself to start the online test papers.
  3. To understand how to take the exam you can also try sample test paper.
  4. Once you are a registered user start giving more and more practice papers.

Thursday, September 7, 2017

Last minute tips to clear CA inter exam.



Dear students CA is not as easy to clear, it is one of the most difficult exam in the world. Students can be successful in exam with their dedication and hard work. The key to success is a combination of hard work with intelligence. Any one can clear CA exam by his/her willpower to do so. IPCC is the second level of the CA course which is not much difficult. Here in this article we are going to share some tips for preparation so clearing CA exam won't be much difficult after adopting these tips.


Common last minute tips for CA inter



  • After completing coaching its time to analyse yourself that you should prepare for single group or both group.
  • Create a time schedule for your preparation.
  • I would like to suggest to study theory subjects early morning, early morning is best time for study theory subjects, your mind is fresh at that time and you can grasp things easily.
  • Solve problematical papers as much as you can, it will help you in your exam.
  • Before going to exam you must revise whole syllabus 3 to 4 times, otherwise you will get blank during exam.
  • Solve previous year question papers and model test papers for your practice. It will help you in your exam to solve questions.
  • Do study of Accounts, Law and Costing from practice manual.
  • In Law paper concentrate on Ethics and Communication topics.
  • In Income tax focus on remembering section numbers.
  • While studying strategic management refer google, it will help you in finding more examples because SM is more about writing examples.
  • Study costing theory properly.
  • In exam presentation of answer is very important so always start a new answer on new page and put right question number in front of every answer.
  • After giving your exam don't discuss your paper with friends simply leave question paper in exam hall and start preparing for next paper.


Important points


  • Manage your time properly and distribute it to all subjects as per your need.
  • Take small breaks while studying, never study continuously.
  • Take a sleep of 6 to 7 hours per day. A sound sleep is very important for healthy mind.
  • Take a proper food never miss your breakfast and take 5 to 6 meals every day. Food is very important for our body.
  • Write your answers point wise in exam it will help examiner to understand your answers.
  • Don't study from 2 or 3 authors, study from a single author and practice manual.

Tuesday, September 5, 2017

Best tips for presenting answers in CA inter exam.

CA inter is second level for CA course. Any student who have cleared CA CPT exam have to register for CA inter, after a duration of 9 months from the registration student can appear for CA inter. Student needs proper guidance and dedication to clear CA inter because it is somewhat tough level.
A student must know how to write answers in exam to get good marks. Here are few tips to present your answer for both theoretical subjects and practical subjects as well. Simply follow these tips and you will lead in your exam.


Tips for presenting answers for theory subjects



  • Always present a new answer on a new page.
  • Always a new sub question should be on new page.
  • Never forget to write question number in front of right question and that question number should be on left side of the question.
  • Always write sub questions at one place in a sequence one after another, after completing all sub questions then start a new main question on a new page.
  • Always left a few lines after completing your answer so when ever you waana come back to your answer to add on few lines you can easily add on.
  • Keep some margin on the both left hand side and right hand side of your answer book, because sometimes supplementary answer book attached with your main answer book may not be readable clearly because of thread knot.
  • Mark margin with a light pencil.
  • Give headline to your answer, it will be helpful for examiner and benefits you.
  • Always give answer to a question in paragraphs it will be easy for examiner to read your answer.
  • If questions is asked in points then give your answer in points and point them as (a, b, c, d, etc).
  • Write your answer in clear and clean handwriting.
  • After reading whole question paper, answer the questions which you know best then go for other questions.
  • Don't forget to write number of questions you have attempted on the very first page of your main answer sheet.
  • Always keep 2-3 similar good quality pens with you during exam.


Tips for presenting answer for practical questions


  • Make accounts statement at the beginning of your answer which ever are asked in the question. Let's take an example suppose your question is asking for preparing capital account, profit and loss account and balance sheet then make them at the very beginning of your answer.
  • Always leave 2 - 3 lines after every entry you made so if later on you want to add something you can easily add on.
  • Make working notes for every question. Your working note must be clean and clear so examiner can understand them easily.
  • If you stuck with any answer then don't waste much time on that answer simply keep forward and try to revisit answer later on.
  • Be Always be careful while taking any amount from one account statement to another statement.
  • If question is demanding answer in a statement form then amount must be written on the extreme side of the statement.

Saturday, September 2, 2017

Study tips for cracking IPCC in first attempt.

Every CA student appearing for ipcc wants to clear the ipcc exam in first attempt, but clearing exam in first attempt is not that much easy you need proper dedication and smart work to crack ipcc. But many a students clear it in first shot and few of them are able to hold a rank in the exam. Students do silly mistakes while preparation because of which they face failure in the exam. By avoiding these mistakes and following a proper guidelines for preparation anyone can easily clear the ipcc exam.
Here we are giving you a few tips which will help you to clear exam in first attempt.


Tips for IPCC study plan :-



  • To get success in IPCC exam it is compulsory to study daily So, After registration from very first day make a habit of studying daily. Give atleast two hours for your study everyday. Try to study one theory subject and one practical subject this combination won't let you get bored. In starting days you will feel bored but after some days it will become a habit and you will surely start enjoying it.
  • Before you start studying for the day first revise previous day's study, it will help you in sharpen your memory and things will store in your memory for long time. Before going to bed for sleep make a habit of checking out next day's schedule. Always work smart instead of hard work only.
  • Stop spending whole day on internet, try to avoid Whatsapp, Facebook, etc. These things can be a big distraction to your studies and can divert you from your goal. I am not saying you to be strict on internet use but use it smartly without affecting your goal. Use internet for study purpose try to find out good study material and test papers.
  • Don't waste your golden time, the sacrifice you made today will reward you tomorrow. During vacations give 15 to 16 hours to your study instead of wasting time in villainous activities. To get sure success you should do what others don't. Do smart work because every one is doing hard work and only few are doing smart work, smart work will effect your goal achievements.
  • High confidence level will always help you in achieving your goal. Always keep confidence on your self, and keep positive attitude. Confidence with positive attitude can be a sure success tonic for anyone.
  • Big journey starts with a small step. Your main aim is to clear IPCC exam in first attempt so for this you must set some small and achievable targets, for example set a target to complete 5 chapters in first month and try to achieve it. After achieving your first target set another target and achieve that also like wise set small targets and achieve them this way you will surely achieve you aim.
  • You should not study continuously, must take rest because your mind also needs some relaxation. So go for a walk or spend time with friends and family to get relaxed.
  • Practice or solve as much question papers as much you can. This will benefit you in self analysis and you will find out your weaker sections and can work on them to strengthen your weaker points.

Friday, September 1, 2017

How to crack CA IPCC exam in just 3 months?

Its not about the number of months you study, its about how efficiently you study. CA IPCC course have a large amount of portion to complete with in a given time duration. Best way to clear IPCC is being consistent, focused & confident. Revision is also important to make sure that all the topics have been covered. Solve practice manuals and previous year question papers to prepare yourself better.
Here are tips and standard time schedule for preparing IPCC in just 3 months:-

Tips to clear CA IPCC exam in 3 months


  • Make a habit of studying on daily basis.
  • Make your own notes while preparation, this strategy will help you at the time of revision.
  • Instead of studying from different books for any topic, study from a book at several times.
  • Practice previous question papers and mock test papers to review your previous study .
  • Students really need to avoid virtual world during preparation time.
  • Give more time to study during vacations .
  • Be confident at the time of preparation and revision.
  • Set small targets for yourself so they will be easy to achieve.   


Time-table for preparation


Get up early in morning is a good habit, always keep this habit. Get up at 4:00 AM and be ready till 5:00 AM. The period of 4:00 AM to 6:00 AM is called "Brahma Murat" and studies during this time will last long for long time. So start your study with this time.
Here is a time table for preparation of CA IPCC exam.


5 AM. To 7.00 AM
Read Theory
7 AM. to 7.30 AM.
Breakfast Time
7.30 AM to 10.30 AM
Read theory – mind is always fresh in the morning
10.30 AM to 11.00 AM
Relaxation Time
11.00 AM to 1 PM.
Do/solve practical problems.
1 PM to 2 PM
Lunch Time
2 PM to 3 PM
May take short sleep
3 PM to 5 PM
Do/solve practical problems.
5 PM to 5.30 PM
Have a break.
5.30 PM to 8 PM
Read theory.
8 PM to 9 PM
Dinner Time
9 PM to 10 PM
May go for outing – watch T.V
10 PM to 12 PM
Do/solve practical problems
12 PM to 4 AM
Have sleep


Revision tips for CA IPCC EXAM


For revision there is no such time table, simply concentrate on your weak areas. Do atleast 3 revisions before exam.
  • Revise from your notes only, it will be very helpful. Just in case if your notes are not sufficient for your revision concern study material from which you studied previously.
  • First of all Revise entire syllabus so you can find out your weaker areas then work on those weaker areas.
  • Decide a time period for your revision and try to complete your revision with in that time period.
  • Revise from same study material from which you prepared. Revision from new study material is not a smart choice.
  • Start revision with easier part because when you revise easier part 1st you can complete more syllabus in less time. You will feel confident and relaxed as well.
  • Practice or solve mock test papers and previous year question papers as much as you can. It will help you out in sharpen your skills and will help you during exam time.

Tuesday, August 29, 2017

All about CA Foundation

The Council of the Institute of Chartered Accountant of India has amended the Chartered Accountants Regulations, 1988 through the Chartered Accountants (Amendment) Regulation, 2016.
As per this amendment from july 2017 the Common Proficiency Course has been discontinued.
According to revised scheme of education and training the students are now required to clear the Foundation exam instead of CPT to enter into CA course.


Eligibility For Registration In CA Foundation Course



According to newly inserted Regulation 25E in the Chartered Accountants Regulations, 1988,
Any student who has appeared in the class 12 exam conducted by an examining body constituted by law in India.
Any student who has appeared in 10+2 equivalent exam may also register for the CA Foundation exam.


Syllabus for CA foundation Course



There are only 4 papers in CA foundation course. They are as follow :-


1st paper - Principles and Practices of Accounting (100 marks)


2nd paper - Business Mathematics and Logical Reasoning & Statistics (100 marks)
part 1 - Business Mathematics and Logical Reasoning (60 marks)
part 2 - Statistics (40 marks)


3rd paper - Mercantile Law & General English (100 marks)
part 1 - Mercantile Law (60 marks)
part 2 - General English (40 marks)


4th paper - Business Economics & Business and Commercial Knowledge (100 marks)
part 1 - Business Economics (60 marks)
part 2 - Business and Commercial Knowledge (40 marks)


NOTE:- 1st & 2nd paper will be subjective and 3rd & 4th paper will be objective.

Fees for CA Foundation Course



S. no.
Details of fees
Fees in rupees
For Foreign student US $
1
Cost of Foundation Prospectus
200
20
2
Foundation Registration Fee
9000
700
3
Subscription for Students’ Journal (For one Year) (Optional)
200
20
4
Subscription for Members’ Journal (For one Year) (Optional)
400
40

Total
9800
780

Passing criteria for CA Foundation


To clear CA Foundation every student have to get at least of 40% marks in each paper, with an aggregate of 50% in all subjects.
Latest: CA Foundation Result May 2019

Saturday, August 26, 2017

5 tips to crack CPT Exam

Every year many students appear in CPT exam but only few of them are able to clear it at first attempt. For clearing CPT exam dedication with smart work is very important. Only theory preparation is not enough to crack the exam, you have to practice problems also.
There are many more things to follow to clear the exam out of which 5 most important tips are given below:-

tips to crack cpt exam


  • Always remember that you have to score at least 30% marks in each subject and overall 50% marks. You can't even think to miss out this goal.
  • In CPT exam accountancy holds a major part. For those you are good in accountancy, a chance of clearing the exam also increases. Accountancy preparation must start with theory part, after completing theory part its time to implement it, now start practicing problem questions.
  • You can't take mercantile law lightly because this subject can help you in scoring well. Mercantile law is a easy subject full of theory only, dont even think to miss any law, topic or definition. For mercantile law focus on contract act.
  • Economics is an interesting subject. Macroeconomics can help you in scoring well. First go with macroeconomics and complete it then move to microeconomics.
  • Quantitative aptitude can put you in danger if you show some carelessness towards this subject. This is a time consuming subject and it needs alot of practice. You must be clear with concepts and formulas.

Friday, August 25, 2017

Sure success mantra for CPT exam

CPT is just a beginning for CA course. CPT is very first level for CA exam. Its not that much hard to clear CPT exam, any student can clear CPT exam only if he/she is clear with basic concepts. For CPT it is mandatory to be good in basic concepts. CPT is conducted twice a year in the month of june and december. You have two papers with 2 sections each and you have to score atleast 30% marks in each section with an aggregate of 50% marks.


Tips for success in CPT exam



For sure success you must be dedicated to your studies and have to do a regular basis study for CPT. Give attention to all subjects because you have to score in all subjects to clear the exam.
Here are few tips for success in exam just follow them to reach your goal-


  • Accounts covers the maximum marks of 60 marks in CPT exam, you should give more attention to accounts. If you are from commerce background you are already known to fundamentals of accounts but for those who are from non-commerce background , need to clear concepts of accounts. Practice as many problems as you can along with theory.
  • Mercantile Law is comparatively easy subject and you can easily score good marks. You don't need to give as much time to this subject, the only thing is you should be clear with all the concepts and various provisions of all Laws.
  • Economics is an interesting subject, it have two parts micro economics and macro economics. Macro economics is comparatively easy and scoring subject. You can score well in this subject if you are clear with all concepts. This subject is about national economics and government policies that affects the economy of the nation.
  • Quantitative Aptitude is a tough one. It have two portions maths and statistics, statistics is comparatively easier than maths. You need to give special attention to this subject. Make a proper plan for it and solve as much questions as you can.
  • First of all design a proper schedule for your study in advance, it will really help you out in your studies and minimize your stress. Prepare a list of important topics and weight them accordingly with the help of scanner.
  • Time management is a key factor to clear exam. You should utilize your time properly to clear CPT in first attempt. You need to allocate your time to each chapter and revision as well.  
  • Self analysis is very important to figure out that every thing is going as per plan. For self analysis it is necessary to solve mock test paper and previous year exam papers as well.
  • While revision focus on your weaker areas and try to strengthen them by dedicating more time on them. You should have a proper revision plan so you can revise accordingly and effectively. start revision 1 month prior to exam for scoring good marks.
  • While exam don't try to attempt all the questions only go for those with whom you are 100% confirm because CPT have negative marking also, you will loose 0.25 mark for every wrong answer.