IPCC Study Planning - 2 by Bhavin Pathak

ACCOUNTING (Group-I)

Sr. No.	Particulars	Hours (hours.minutes)				Rating
		First Study	Revision Study	Exam Study	Total Hours
1.	Accounting Standards (1,2,3,6,7,9,10,13,14)	11.00	5.30	3.00	19.30	«««««
2.	Company Final Accounts	2.30	1.00	0.30	4.00	«««««
3.	Cash Flow	4.00	1.15	1.00	6.15	«««
4.	Profit Prior to Incorporation	2.00	0.45	0.30	3.15	«««
5.	Preferential Allotment: Alteration, Conversion & Bonus Share	2.30	0.45	0.30	3.45	««
6.	Basics: Amalgamation, Acquisition & Reconstruction	7.00	3.30	2.00	12.30	«««««
7.	Average Due Date & Account Current	1.15	0.30	0.15	2.00	««
8.	Self-balancing Ledgers	1.15	0.30	0.15	2.00	««
9.	Not for Profit Organisation	2.30	1.30	0.30	4.30	«««««
10.	Single Entry	5.30	2.30	1.30	9.30	«««««
11.	Hire Purchase & Instalment System	7.00	2.30	2.00	11.30	«««
12.	Investment Accounts	1.15	0.30	0.15	2.00	«««
13.	Fire Claims	7.00	2.30	2.00	11.30	«««
14.	Partnership Accounts: Admission, Retirement & Death	22.15	10.00	8.15	40.30	«««««
15.	Accounting in Computerised Environment	2.30	0.45	0.30	3.45	««
16.	Theory	4.00	1.30	1.00	6.30	«««
	Total	83.30	35.30	24.00	143.00

 

ADVANCED ACCOUNTING (Group-II)

Sr. No.	Particulars	Hours (hours.minutes)				Rating
		First Study	Revision Study	Exam Study	Total Hours
1.	Accounting Standards (4,5,11,12,16,19,20,26,29)	8.00	4.00	2.00	14.00	«««««
2.	Preferential Allotment: ESOP, Buy Back	4.00	1.30	1.00	6.30	«««
3.	Underwriting of Shares & Debenture	4.00	1.30	1.00	6.30	««
4.	Redemption of Debentures	7.00	2.30	2.00	11.30	««
5.	Advance Level: Amalgamation, Acquisition & Reconstruction	8.00	4.00	3.00	15.00	«««««
6.	Liquidation, Statement of Affairs & Liquidator's Statement	5.30	3.00	1.30	10.00	«««««
7.	Financial Statements of Banking	5.00	2.00	1.00	8.00	«««
8.	Financial Statements of Insurance Company	7.00	2.30	2.00	11.30	«««
9.	Financial Statements of Electricity Company	7.00	2.00	2.00	11.00	«««
10.	Partnership Accounts: Dissolution, Piecemeal Distribution, Amalgamation of Firms, Conversion & Sale to Company	9.00	4.30	3.00	16.30	«««««
11.	Departmental Accounts	7.00	3.00	2.00	12.00	«««««
12.	Branch Accounts (including foreign branch)	8.00	3.30	2.00	13.30	«««««
13.	Theory	4.30	2.00	1.30	8.00	«««««
	Total	84.00	36.00	24.00	144.00

 

 

COST ACCOUNTING & FINANCIAL MANAGEMENT (Group-I)

Sr. No.	Particulars	Hours (hours.minutes)				Rating
		First Study	Revision Study	Exam Study	Total Hours
	Cost Accounting
1.	Theory	4.30	2.00	1.30	8.00	«««««
2.	Job, Batch & Unit Costing	2.30	0.30	0.30	3.30	«««
3.	Material Costing	3.30	0.30	0.30	4.30	«««««
4.	Labour Costing	4.30	0.30	0.30	5.30	«««««
5.	Overhead	7.15	1.30	1.15	10.00	«««
6.	Process Costing	7.15	1.30	1.15	10.00	«««««
7.	Joint product and by-product	5.00	1.30	1.00	7.30	««
8.	Operating Costing	3.30	1.00	0.30	5.00	«««
9.	Contract Costing	3.30	1.00	0.30	5.00	«««
10.	Integrated & Non-integrated Account	3.30	1.00	0.30	5.00	«««
11.	Reconciliation	0.30	-	-	0.30	«««
12.	Marginal Costing	9.00	3.00	2.00	14.00	«««««
13.	Standard Costing	9.00	3.00	2.00	14.00	«««««
14.	Budgetary Control	4.00	1.00	1.00	6.00	««
	Financial Management
1.	Theory	4.30	2.00	1.30	8.00	««
2.	Time Value of Money	3.30	1.00	0.30	5.00	««
3.	Cost of Capital	6.00	1.30	1.00	8.30	«««««
4.	Capital Structure	4.00	1.30	1.00	6.30	«««««
5.	Leverage	3.30	1.30	1.00	6.00	«««««
6.	Capital Budgeting	10.00	3.00	2.00	15.00	«««««
7.	Working Capital Management	5.30	1.00	0.30	7.00	«««
8.	Receivable Management	5.30	1.00	0.30	7.00	««
9.	Inventory Management	3.30	1.00	0.30	5.00	«««
10.	Cash Management	3.30	1.00	0.30	5.00	«««
11.	Ratio Analysis	2.30	1.00	0.30	4.00	«««
12.	Fund Flow & Cash Flow Analysis	5.00	1.30	1.00	7.30	«««««
13.	Sources of Finance	5.30	1.00	0.30	7.00	«««««
		131.00	36.00	24.00	191.00

 

 

LAW, ETHICS & COMMUNICATION (Group-I)

Sr. No.	Particulars	Hours (hours.minutes)				Rating
		First Study	Revision Study	Exam Study	Total Hours
	Business Laws
1.	Payment of Bonus Act, 1965	7.00	2.00	1.00	10.00	«««««
2.	Employees Provident Fund & Miscellaneous Provision Act, 1952	7.00	2.00	1.00	10.00	«««««
3.	Indemnity & Guarantee	4.00	1.00	1.00	6.00	«««
4.	Bailment & Pledge					««
5.	Law of Agency					«««
6.	Negotiable Instrument Act, 1881	11.00	5.00	3.00	19.00	«««««
7.	The Payment of Bonus Act, 1972	1.30	0.45	0.30	2.45	«««
8.	The Indian Contract Act, 1872	1.30	0.45	0.30	2.45	«««
	Company Law
1.	Companies & Characteristics	9.30	2.00	1.30	13.00	«««««
2.	Promoter	3.30	0.45	0.30	4.45	««
3.	Pre-incorporation Contract	2.00	0.45	0.30	3.15	««
4.	Memorandum of Association	6.00	1.30	1.00	8.30	«««««
5.	Article of Association	3.30	0.45	0.30	4.45	«««««
6.	Prospectus	4.30	1.00	0.30	6.00	«««««
7.	Share Capital & Transfer of Shares	12.30	2.00	1.30	16.00	«««««
8.	Public Deposit	2.30	0.45	0.30	3.45	««
9.	Charge & Debenture	3.30	0.45	0.30	4.45	««
10.	Meetings	7.00	1.15	1.00	9.15	«««««
11.	Records, E-filling & Other Miscellaneous Matters	8.00	1.15	1.00	10.15	«««
	Ethics & Communication
1.	Principle of Business Ethics	2.00	0.45	0.30	3.15	««
2.	Corporate Governance & Corporate Social Responsibility	4.00	1.15	1.00	6.15	«««««
3.	Ethics of Workplace	2.30	0.45	0.30	3.45	«««
4.	Environment & Ethics	3.00	0.45	0.30	4.45	««
5.	Ethics in Marketing & Consumer Protection	2.30	0.45	0.30	3.45	«««
6.	Ethics in Accounting & Finance	2.30	0.45	0.30	3.45	«««««
7.	Essentials of Communication	4.30	1.00	0.30	6.00	«««««
8.	Inter personal Communication	2.30	0.45	0.30	3.45	«««
9.	Group Dynamics and Negotiation	2.30	0.45	0.30	3.45	«««
10.	Ethics in Communication	1.30	0.45	0.30	2.45	««
11.	Corporate Culture, Change & Innovative Spirits	2.00	0.45	0.30	3.15	««
12.	Corporate Communication Aspects	4.00	1.15	1.00	6.15	«««««
13.	Introduction to Legal Deeds & Documents	5.00	1.30	1.00	7.30	«««««
	Total	133.00	36.00	24.00	193.00

 

 

TAXATION (Group-I)

Sr. No.	Particulars	Hours (hours.minutes)				Rating
		First Study	Revision Study	Exam Study	Total Hours
1.	Basic Concepts	2.00	0.30	0.30	3.00	««
2.	Residential Status	3.30	0.30	0.30	4.30	«««
3.	Exemption under Section 10	3.00	1.30	1.00	5.30	««
4.	Income From Salaries	18.30	3.00	2.30	24.00	«««««
5.	Income From House Property	5.00	3.00	1.00	9.00	«««
6.	Profit & Gain From Business or Profession	20.00	3.00	2.00	25.00	«««««
7.	Income From Capital Gain	13.30	2.00	1.30	17.00	«««««
8.	Income From Other Sources	5.00	2.30	1.00	8.30	«««««
9.	Clubbing of Income	3.00	1.30	1.00	5.30	««
10.	Set-off & Carry Forward of Losses	3.30	2.00	1.00	6.30	«««
11.	Deduction under Section 80	4.30	1.00	1.30	7.00	«««
12.	Agriculture Income	1.30	0.30	0.30	2.30	««
13.	Assessment of Income (Individual)	4.00	1.00	1.00	6.00	«««
14.	Assessment of Income (HUF)	1.30	0.30	0.30	2.30	««
15.	Return of Income	2.30	1.30	1.00	5.00	««
16.	Tax Deducted at Sources (TDS)	2.30	1.00	1.00	5.00	«««
17.	Advance Tax	3.30	1.30	1.00	6.00	«««
18.	Charitable Trust	0.30	–	–	–	««
19.	Reconstructing Business	5.00	2.00	1.00	8.00	«««
20.	Service Tax	28.00	4.00	3.00	35.00	«««««
21.	Value Added Tax (VAT)	13.30	2.30	1.30	17.30	«««««
	Total	144.00	36.00	24.00	204.00

 

 

INFORMATION TECHNOLOGY & STRATEGIC MANAGEMENT (Group-II)

Sr. No.	Particulars	Hours (hours.minutes)				Rating
		First Study	Revision Study	Exam Study	Total Hours
	Information Technology
1.1	Introduction to Computers	1.30	0.30	0.30	2.30	««
1.2	Input Devices	1.30	0.30	0.30	2.30	««
1.3	Output Devices	1.30	0.30	0.30	2.30	««
1.4	Secondary Storage Devices	1.30	1.00	0.30	3.00	««
1.5	History of Computers	1.30	0.30	0.30	2.30	««
1.6	Inside the Computer	1.30	0.30	0.30	2.30	«««
1.7	Software	6.00	2.00	1.30	9.30	«««««
2	Data Storage, Retrieval & DBMS	15.00	3.00	2.00	20.00	«««««
3	Computer Networks & Networks Security	15.00	3.00	2.00	20.00	«««
4	Internet & Other Technologies	16.30	6.00	3.00	25.30	«««
5	Flowcharts	16.00	4.00	2.00	22.00	«««««
6	Decision Table	4.00	1.00	1.00	6.00	«««
	Strategic Management
1.	Definition of Business, Objective & SM	6.00	1.30	1.00	8.30	«««
2.	Business Environment	5.00	1.30	1.00	7.30	««
3.	Strategic Analysis	9.00	3.00	2.00	14.00	«««««
4.	Strategic Formulation: Corporate & Business Level Strategy	8.30	2.00	1.30	12.00	«««««
5.	Strategic Formulation: Functional Level Strategy	11.00	3.00	2.00	16.00	«««««
6.	Strategy Implementation & Control	5.00	1.15	1.00	7.15	««
7.	Reaching Strategic Edge	6.00	1.15	1.00	8.15	«««
	Total	132.00	36.00	24.00	192.00

 

AUDITING & ASSURANCE (Group-II)

Sr. No.	Particulars	Hours (hours.minutes)				Rating
		First Study	Revision Study	Exam Study	Total Hours
1.	Basic Concepts	24.00	7.00	4.00	35.00	««
2.	Internal Controls	12.00	5.00	2.00	19.00	««
3.	Vouching	4.00	1.15	1.00	6.15	«««
4.	Audit of Trading Transactions	4.00	1.15	1.00	6.15	«««
5.	Verification of Bank Balance, Cash & Stock	4.00	1.15	1.00	6.15	«««
6.	Audit of Ledgers & Other Transactions	4.00	1.15	1.00	6.15	«««
7.	Verification Assets, Liability & Other Transactions	4.00	1.15	1.00	6.15	«««
8.	Significant Accounting Policies	8.00	2.30	2.00	12.30	«««««
9.	Company Audit – 1 & 2	15.30	3.00	2.30	21.00	«««««
10.	Special Audit	4.00	1.15	1.00	6.15	«««««
11.	Standards on Auditing	32.30	9.30	6.30	48.30	«««««
12.	ICS in CIS Environment	2.00	0.45	0.30	3.15	««
13.	CARO, 2003	2.00	0.45	0.30	3.15	««
	Total	120.00	36.00	24.00	180.00

 

 

Conclusion:

Subject	Hours Allocated (Min.)				Days Available (Before Exam)
	First Study	Revision Study	Exam Study	Total Hours
1.      Accounting	83.30	35.30	24.00	143.00	5 days
2.      Law, Ethics & Communication	133.00	36.00	24.00	193.00	8 days
3.      Cost Accounting & Financial Management	131.00	36.00	24.00	191.00	9 days
4.      Taxation	144.00	36.00	24.00	204.00	8 days
5.      Advanced Accounting	86.00	36.00	24.00	144.00	6 days
6.      Auditing & Assurance	120.00	36.00	24.00	180.00	7 days
7.      Information Technology & Strategic Management	132.00	36.00	24.00	192.00	7 days
Total	829.30	241.30	168.00	1247.00	50 days

 

Notes: As I said before changes can be made as per requirement.

 

 

Regards,

Bhavin Pathak

 

TIME TABLE OF MAY 2011 EXAMINATION (ISSUED BY ICAI)

Date	Subject	Time
03-5-2011	Paper-1: Accounting	9.00 AM – 12.00 PM
05-5-2011	Paper-2: Business Law, Ethics & Communication	9.00 AM – 12.00 PM
07-5-2011	Paper-3: Cost Accounting & Financial Management	9.00 AM – 12.00 PM
09-5-2011	Paper-4: Taxation	9.00 AM – 12.00 PM
11-5-2011	Paper-5: Advanced Accounting	9.00 AM – 12.00 PM
13-5-2011	Paper 6: Auditing & Assurance	9.00 AM – 12.00 PM
15-5-2011	Paper-7: Information technology & Strategic Management	9.00 AM – 12.00 PM

 

Remember 5 things:

1.    If not you who else will pass, if not now, when else you can pass.

2.    Where the determination is great, the difficulties cannot be great.

3.    We should not let failure go into our heart, and success into our head.

4.    "CA" does not mean Come Again, but it only means "Certainly Achievable".

5.    Three years of hard work could lead you to 30 years of bliss. But if you Plan for three years of bliss, you will end with 30 years of self-defeating slog.

By : Bhavin Pathak

Best Of Luck !