Tip for IPCC November,2012 by Surbhi Bansal

MPORTANT TOPICS 4 IPCC NOV'12 STUDENTS
MUST READ n SHARE
(Don't leave these Chapters n topics @ any Cost)
Good luck 2 All
Might b of some help 2 u...

@Other pages...copy with due Credits is allowed...

*Grp1 Accounts
-Avg. due date(4)
-Partnership(16)
-Pre-incorporation(8)
-Amalgamation/Internal Reconstruction(16)
-Hire Purchase(8)
-NPO(16)
-Cash flow(16)
-Single entry(16)
-Imp. AS(revenue recog.,contract,dep.,fixed asset)

*Law,ethics n comm.
-Bonus(8)
-Gratuity(8)
-last 3 chptrs of Indian Contract Act,combined (10)
-Share Capital,General Meeting
-t/f transmission of shares,Membership
-Share allotment,prospectus n MOA
-ethics(full,dnt leave anythn)
-comm.(deeds r vry imp.) n comm. theory,rest of d chptrs

*CAFM
-Contract Costing,Material
-Reconciliation
-Standard,Marginal
-Labour,Overhead,Process Costing

-Capital budgeting,leaverage
-Working Capital,Receivable Mgt.
Cost of Capital,Ratios

*Direct tax
-Salary(RFA,HRA,gratuity,pension,leave salary...motor car facility n few more perquisites,all allowances r imp. shudnt b ignored)

-Business proff.(thz sec r d most imp. 1s viz sec 32,40A2,40A3,43B n topics lyk deduction in case of scientific research,writing off of preliminary exp.,ques related with book profits n cash payments in excess of 20,000 n payments tht can b made n claimed till ROI filing date ie d above sections mentioned)...dnt leave ths chptr FCAs plz,it's coming of 16 marks since May'10 in evry attempt.

-Capital gains(exemption related sections,forfeiture sec 51,conversion of capital in2 stock n sec 47)
-ROI,TDS,deductions(80C,80D,80DD,80U,80G)
-Clubbing,other sources

*Service tax n VAT(fully) dnt leave anythn,r SCORING

*Grp2 Accounts
-Partnership(16)
-Amalgamation/Internal Reconstruction(16)
-Branch A/c,liquidation,banking,insurance...all may come of 8 marks each
-Underwriting,departmental(5 each)
-imp. AS(borrowing cost,govt. grant,eps,lease)
-debenture chptr(16)

*Auditing
-Vouching,verification
-Co. audit 1 n 2
-Spcl. Audit
-EDP,govt. audit,Caro
-200 300 500 series SAs r imp.

*IT
-internet
-networking
-Dbms
-flowcharts
(almost carry 40 marks weightage)

*SM (full)
BEST OF LUCK FRENDSS

By Surbhi Bansal