Monday, January 26, 2009

CA Final - Inputs for exams - Paper 5 - Costing

Hi Frenz,

I'm just putting down the points that i followed for the CA - Final exams. The books / points referred in the note below need not necesarily be followed. You can always follow other books/ points.

PAPER – 5 - Costing

1. Padhuka Publications – Sarvana Prasath Book is sufficient for problems & Theory

2. Operations Research Problems – 20 marks sure

3. Theory from OR & Costing – 30 to 40 marks sure

4. First read chapter 16 to 21 (Operations Research) – [Be thorough in theory and problems]
(Assignment, Transportation, Linear Programming, Learning Curve, Simulation, Network)

5. Next read chapter 9 to 15 (ABC, Target Costing, JIT, TQM, Value Chain, Budgetary Ctrl, Performance Measurement)– majority theory questions will come from these chapters

6. Next read chapters in the following order 1,4,5,6,7,8,2,3 (Basic concepts, Pricing, Service Sector, Relevant Costing, TP, Std Costing, Marginal Costing, Decision Making)

7. Marginal costing & Decision making read and understand the concepts only; don’t spend more time on these 2 topics as no material will be sufficient for an exam problem.

8. ABC & Standard costing are regularly asked in exams.

9. When you go through the above authored material you will find many similar problems in a topic, while doing your first reading cut out the similar problems so that before exams you have the least problems for preparing.

10. If you have attended the class please go through the class notes first and then read the text book.

11. Time will be a constraint. You can spend at the max half an hour for each question. Always try to attend 100 marks but don't lose heart if you are not able to attend 100 marks. Attending anything between 80 to 100 marks is really good.

12. The pattern of the question paper is as follows:

a. You have to attend 5 out of 6 questions
b. Question number 1 is for 24 marks and is compulsory
c. Never attend the 1st question at the start as they are very tricky.
d. Other questions are 19 marks each (19x4=76)

13. Theory questions will be very simple and straight forward so please don’t ignore theory. It will help in scoring and also clearing the exams.

14. Please go through the RTP prescribed for your attempt, as sometimes the exam problem is one of the RTP questions.

15. Go through some past exam papers and feel the comfort that the same you can answer in exams well within the time frame.

16. Practice at least one problem from every topic/model. It’ll ensure that you have the momentum and also you will know which problem takes how much time to solve.

Further Suggestions / Inputs / Comments are invited.
Thank You.


Ganesh's Books said...

Its Good... Yar...

Ganesh's Books said...
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