Showing posts with label IPCC. Show all posts
Showing posts with label IPCC. Show all posts
Sunday, 30 November 2014
Friday, 17 October 2014
Saturday, 20 September 2014
IPCC Auditing Important Questions for Nov 2014 Exams
Auditing Questions for Nov 2014 IPCC Exams
By
2. Types of Audit Report/ Audit Opinion.
3. Surprise check.
4. SA 200, 210, 220, 240.
5. CAR0, 2003 – 4m (refer to summary)
6. Vouching and verification – 16m (refer class notes)
7. Basic principles governing an audit.
8. Duration of auditor’s office.
9. Appointment of auditors.
10. Ceiling Prescribed on number of audits in the companies act.
11. Matters to be verified in the audit of dividend.
12. Provisions relating to Branch Audit.
13. Types of Reserves AND Objects of creating each.
14. Discuss about cost Audit.
15. SA 320
16. Design and Special Characteristics of EDP Systems.
17. CAAT requirement in EDP audit.
18. ‘Audit Trail in a computerized accounting environment’.
19. AS 1, 4, 5, 9
20. Controls in an EDP environment.
21. SA 700, 705
22. Audit of commercial accounts.
23. Audit of Stores and stocks.
24. Approaches to auditing in a computerized environment.
25. Letter of weakness.
26. Audit of Hotels
27. Audit of Charitable institutions.
28. Audit of Incomplete records.
29. Audit of Cinema Theater.
30. Methods to obtain Audit Evidence.
31. SA 230
32. Depreciation vs. fluctuation in value.
33. Revenue expenditure.
34. Special Audit.
35. Removal of auditor before expiry of his term of office.
36. Concept of “True and Fair”
37. Powers and duties of C&AG.
38. Procedural aspects relating to leasing transactions.
39. Audit of Government expenditure.
40. Audit procedures to obtain Audit Evidence.
41. Duties of the auditor.
42. Audit of hire purchase transactions.
43. Accounting Standards as per companies act 2013
44. Audit of Sweat Equity shares
45. Audit of Buy back of shares
46. Audit of forfeiture of shares
47. SA 505
48. SA 501
49. SA 610
50. Methods to evaluate ICS
To Download Go To : www.lokeshauditclasses.com
Prepared By CA.Lokesh.C.V Sir
Wednesday, 16 July 2014
Wednesday, 19 March 2014
ICAI has brought in a " CORRECTION WINDOW "
Correction Window
“Correction Window” is a platform in the on line exam form submission process, where candidates can view and correct errors, if any, committed by them while submitting the exam form, in the fields, centre, group and medium opted. |
The terms and conditions in this regard are as follows: 1. This facility is available at http://icaiexam.icai.org, from 10.00 a.m. of 19.03.2014 to 5.30 p.m. of 25.03.2014 2. This facility is available only to those who had submitted their exam forms online. 3. This window is not for fresh submission of exam forms and is meant only for correction of errors if any, in the exam forms already submitted. 4. Candidates can access the portal by entering the following details, as filled in by them in their exam application forms: • Bar code number/control number printed on their online exam form • PIN ( i.e. the four digit number of their choice which they had filled in their exam forms) and • Date of birth. 5. Following details, submitted by the candidates in their online examination application form will be displayed on the screen. • Name of the candidate • Registration number and • Group/medium/centre opted 6. Candidates will be permitted to enter changes if any, in any of the following three fields only: • City opted. ( Change from domestic centre to abroad centre is not permitted) • Group opted ( Change from single group to both groups is not permitted) • Medium opted In other words, no fresh payment of exam fees or refund of exam fees already paid will be permitted on account of correction of groups, made in this process. 7. A change may include change of centre/group/medium either jointly or severally. 8. Candidate will not be permitted to make any corrections/changes to any other field. 9. The requests should be made by the student and not by anyone on his/her behalf. 10. Once you click “No change required”, no corrections can be submitted thereafter. So also, corrections, once submitted, cannot be changed thereafter. 11. The facility will be available free of cost. 12. The candidate should upload scanned copy of a handwritten application in this regard, duly signed by him, seeking the corrections required. Unless this condition is complied with, the candidate would not be able to submit corrections sought, online. 13. Those candidates ( who had submitted their exam forms online) and who might have already submitted a handwritten request for change of centre/group/medium, are advised to submit such request/s, online, through this Correction Window, once again. Changes sought through the Correction Window will be treated as final. 14. Admit cards will be issued based on the examination application form and the correction received till the Correction Window closes. 15. Those who had submitted physical OMR exam forms and seeking corrections in the fields mentioned above, may contact the exam department at: Final candidates: final_examhelpline@icai.in Indermediate (IPC) candidates: intermediate_examhelpline@icai.in Download the Full Notification |
Procedure To Use the “ Correction Window ”
Step 1 : Open www.icaiexam.icai.org and click on the Correction Window Option located at the left side
Step 2 : After reading the Instructions , Click on the Button “ I Have read And Understood the Above "
Step 3 : Fill All your Details as below and Click “ Login ”
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Step 4 : All your Details will appear and To make changes Click On “ Change Required ”
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Step 5 : Fill the Details which you want to change &
Click Submit .
Click Submit .
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Thursday, 13 March 2014
ICAI Recommended books for IPCC
Below given list is of ICAI recommended books for IPCC which is officially mentioned by ICAI as its good to have for easy completion of IPCC syllabus.
GROUP I
Paper 1: Accounting
Text Books
1. First Lessons in Accounting Standards (IPCC / PCC / ATC) – M.P. Vijay Kumar; Snow White; 7th Edition, 2012
2. Accounting for CA- IPCC– Amitabha Mukherjee & Mohammed Hanif, Tata McGraw Hill, 1st Edition, 2009
3. Advanced Accounting (Vol-I and II) – Dr.Ashok Sehgal & Dr.Deepak Sehgal, Taxmann; 6th Edition, 2008
4. Tulsian’s Accountancy for CA – IPCC and Quick Revision Book Gr.I– Dr. P.C. Tulsian – S. Chand; 2nd Edition 2012
5. Advanced Accounts – M.C. Shukla, T.S. Grewal & S.C. Gupta – S. Chand & Company Ltd.; Revised Edition, 2011
Reference Books
1. Students’ Guide to Accounting Standards (CA IPCC / PCC / ATC) – D.S. Rawat, Taxmann, 18th Edition, 2012
2. Simplified Approach to Accounting Standards (for CA IPCC)– CA. (Dr.) Sanjeev Singhal and Sandhya Singhal – Wolters Kluwer (India) Pvt. Ltd. 16th Edition 2012.
Paper 2: Law, Ethics and Communication
Reference Books
1. Bare Act of the Companies Act, 1956
2. Bare Act of the Negotiable Instruments Act,1881
3. Bare Acts of Labour Laws as covered in the syllabus
(i) The Payment of Bonus Act, 1965
2. Bare Act of the Negotiable Instruments Act,1881
3. Bare Acts of Labour Laws as covered in the syllabus
(i) The Payment of Bonus Act, 1965
(ii) The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952
(iii) The Payment of Gratuity Act, 1972
4. Business Ethics And Communication, V.K. Jain, S. Chand ; Edition 2011-2012
Note: This list has been compiled by the faculty of Board of Studies and is recommendatory in nature. The books mentioned in the list are supplementary to the Study Material and may serve as a practice aid also.
Paper 3: Cost Accounting and Financial Management
Cost Accounting
Text Books
1. Cost Accounting Methods & Problems – B.K Bhar, Academic Publishers; 18th Edition 2010
2. Cost Accounting Principles & Practices– S. P Iyengar, Sultan Chand & Sons Educational Publishers ; 10th Edition , 2005
3. Cost Accounting – V.K Saxena & C. D Vashisht ,Sultan Chand & Sons; 11th Edition, 2008
4. Cost Accounting A Managerial Emphasis– Charles T. Horngren, Srikant M. Datar and George M Foster, Prentice Hall of India; 14th Edition , 2011
Reference Books
1. Cost accounting & Financial Management– Ravi M Kishore, Taxman Allied Services Ltd.; 6th Edition, 2009
2. Principles of Cost Accounting – Edward J. Vanderbeck, Thomsan South Western 15th Edition; 2010
3. Cost and Management Accounting – Basu & Das, Rabindra Library, Kolkata; 13th Edition, 2009
Financial Management
Text Books
1. Financial Management – I.M. Pandey, Vikas Publishing House Pvt. Ltd.; 10th Edition.
2. Financial Management – Text, Problems and Cases – M.Y. Khan and P.K. Jain, Tata Mc Graw Hill Publishing Company Ltd.; 5th Edition.
3. Fundamentals of Financial Management – Prasanna Chandra, Tata Mc Graw Hill Publishing Company Ltd.; 4th Edition.
4. Fundamentals of Financial Management – J. Van Horne and John M. Wachowicz, Prentice Hall; 13th Edition.
5. Principles of Financial Management – R.P. Rustagi, Taxmann; 5th Revised Edition.
Reference Books
1. Financial Management – Theory and Practice – Prasanna Chandra, Tata Mc Graw Hill Publishing Company Limited; 6th Edition.
2. Financial Management – Jonathan Berk and Peter Demarzo, Pearson; 3rd Impression.
3. Fundamentals of Financial Management – Eugene F. Brigham and Joel F. Houston, Thomson South- Western; 12th Edition.
Paper 4: Taxation
Text Books
1. Systematic Approach to Income-tax, Service Tax & VAT – Dr. Girish Ahuja & Dr. Ravi Gupta, Bharat Law House (Edition based on provisions applicable for A.Y.2012-13)
2. Students’ Guide to Income-tax, including Service Tax/ VAT – Dr. Vinod K. Singhania & Dr. Monica Singhania, Taxmann (Edition based on provisions applicable for A.Y.2012-13)
3. Students Handbook on Income-tax, VAT & Service Tax – T.N. Manoharan & G.R. Hari, Snow white Publications (Edition based on provisions applicable for A.Y.2012-13)
Reference Books
1. Income-tax Act, 1961
2. Service Tax Manual – R.K.Jain, Centax Publications P. Ltd.
Note: Students should follow the edition based on the provisions of law applicable for the assessment year relevant for their examination.
Group II
Paper 5: Advanced Accounting
Text Books
1. Advanced Accounting for CA- IPCC – Amitabha Mukherjee & Mohammed Hanif, Tata McGraw Hill; 1st Edition, 2009
2. Advanced Accounting (vol. I and II) – Dr.Ashok Sehgal & Dr.Deepak Sehgal, Taxmann; 6th Edition, 2008
3. Tulsian’s Accountancy for CA – IPCC and Quick Revision Book Gr-II – Dr. P.C. Tulsian, S. Chand, 5th Edition, 2012
Reference Books
1. Students’ Guide to Accounting Standards (CA IPCC / PCC / ATC) – D.S. Rawat, Taxmann; 18th Edition, 2012
2. First Lessons in Accounting Standards (IPCC / PCC / ATC) – M.P.Vijay Kumar, Snow White; 7th Edition, 2012
3. Simplified Approach to Accounting Standards (for CA IPCC)– CA. (Dr.) Sanjeev Singhal and Sandhya Singhal – Wolters Kluwer (India) Pvt. Ltd. 16th Edition 2012.
Paper 6: Auditing and Assurance
Text Book
Student’s Guide to Auditing and Assurance – Aruna Jha, Taxmann Publications Pvt. Ltd.; 2012 Edition
Reference Books
1. Student’s Guide to Auditing Standards – D.S. Rawat, Taxman Allied Services Pvt. Ltd.; 2012 Edition
2. Auditing and Assurance – Varsha Ainapure & Mukesh Ainapure, PHI Learning Pvt. Ltd.; 2009 Edition
Paper 7: Information Technology and Strategic Management
Section A: Information Technology
Text Books
1. Introduction to Computers – Peter Norton, Tata McGraw Hill; 7th edition.
2. Information Technology – Dennis P. Curtin, Kim Foley, Kunal Sen Cathleen Moring, Tata McGraw Hill; 6th Reprint 2000.
3. Fundamentals of Information Technology – Alexis and Mathews Leon, Vikas Publication House; 2nd Edition.
4. Introduction to Information Technology – V. Rajaraman, PHI Learning; 2008.
Reference Books
1. Database System Concepts – Avi Silberschatz, Henry F. Korth, S. Sudarshan, McGraw-Hill; 6th Edition.
2. Database Management Systems – Raghu Ramkrishnan, Johannes Gehrke, McGraw Hill International; 3rd Edition
3. Data Communication and Networking – Behrouz Forouzan, Tata McGraw Hill; 4th Edition
4. Internet: The Complete Reference – Margaret Levine Young, Osborne/McGraw-Hill; 2nd edition, 13th reprint 2008
Section B: Strategic Management
Text Books
1. Strategic Management and Business Policy – Azhar Kazmi, Tata McGraw Hill; 3rd edition, Reprint 2011.
2. Strategic Planning and Management – P.K.Ghosh, Sultan chand & Sons, New Delhi; 12th Edition, Reprint 2011.
3. Strategic Management, Text and Cases – Ravi M. Kishore, Taxman Publications Pvt. Ltd; 2nd Edition, 2011.
Reference Books
1. Exploring Corporate Strategy: Text and Cases – Johnson Gary and Kevan Scholas, Pearson Education; 7th Edition, 2011.
2. Concepts in Strategic Management and Business Policy – Wheelen & Hunger, Pearson Education; 12th Edition, 2010.
3. Strategic Management – John A Pearce II and Richard b Robinson, Tata McGraw Hill; 10th Edition, Reprint 2011.
4. Strategic Management – Fred R. David, PHI; 12th Edition, 2009.
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Friday, 13 December 2013
Reorganization of Intermediate (IPC) Content Paper and Chapter-Wise
Dear Student,
Sub: Reorganization of Intermediate (IPC) Content Paper and Chapter-Wise
You would be happy to note that the Board of Studies of the Institute is proactively working to provide good
quality content in an easily accessible manner for the benefit of Students.
One such endeavor of the Board has been to collate and present all relevant content from the Institute’s
website and Students e-Learning LMS under one umbrella in a very clear and easily accessible manner by
providing content course-wise, paper-wise and chapter-wise. A sample screenshot of the links when
Intermediate (Integrated Professional Competence) Course link is clicked is:
Now, under Paper- 1 : Accounting, we will get the screen as:
Now, under Study Material, Practice Manual, PowerPoint Presentations, Podcasts, the student can
access all content Chapter wise, including Study Material, Practice Manual, Presentations and Podcasts as
follows:
The aforementioned re-organisation has been made available on the Students Home Page
(http://students.icai.org) under Chartered Accountancy Course box Intermediate (Integrated
Professional Competence) Course.
With best wishes,
Director, Board of Studies
To Download the Notification : Click Here
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