5 Tips for CA IPCC Exam

Before you feel a little confident of joining the Chartered Accountancy (CA) course after the cracking the CA CPT exam, comes in the next stage of CA IPCC exam which stands for CA Integrated Professional Competence Course exam. While the first criteria to apply for the CA IPCC exam is to crack the CA CPT exam; also, graduates with 55% marks in aggregate can directly opt for the CA IPCC exam. From inception of CA course, the IPCC exam comes in almost after a span of eight months for which you may prepare from the best CA Coaching Classes in Pune. The exam is conducted twice every year in the months of May and November.

The CA IPCC exam consists of seven papers split into two sections namely -

GROUP I

(Accounting, Law - Ethics and communication and Cost accounting, Financial management, Tax)

GROUP II

(Advanced accounting, Auditing and assurance, Information technology and strategic management)

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The CA IPCC exam can be cracked at one go or each section can be taken up at different number of times. Here is stating some simple and short tips that will make the CA IPCC exam easy to crack exam for you, suggested by a CA Coaching of Chennai: 

• Key resource

The key resource to crack the CA IPCC exam is ICAI Study Material. Though this covers the elementary syllabus elaborately but its highly recommended that you first complete the ICAI study material before extending your study coverage to reference books and online study portals. Count the ICAI study material as the base frame work for all subjects to which you can do extended preparation from other sources. 

• Time management

Since CA IPCC exam has a vast syllabus to cover, its recommended that students begin preparation keeping ample time in hand. Also, during the preparatory span all unimportant activities like gaming, movie watching, chatting and so on should be cropped from schedule, keeping focus on wholesome study time where all attention is paid on CA IPCC exam preparation only. To keep the same dedication for CA IPCC exam preparation from start to end, is tough. 

• To the point answer

As CA IPCC is not a multiple-choice question based paper, it involves descriptive questions. Its recommended that for these descriptive questions students use underline method to bring focus of the examiner to keywords used in their answers. However, to do this it’s important that the students understand the questions, equip all required keywords in their answers and thereafter underlines them.

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Tips for Information technology and strategic management (IT & SM)

In case of IT and SM, try to start from the last chapter and move on to the first. As the syllabus is new in nature and keeps changing, make sure you have a copy of the most updated IT and SM syllabus. Also, for IT and SM, make sure you read the chapters thoroughly everyday as you get a lot of short questions like true/false from this section. IT and SM is a very scoring part of CA IPCC exam. 

Special care for CA IPCC Accounts paper

As the accounts paper of CA IPCC exam is practical based, make sure to spend quality 2-3 hours’ time with it during exam preparatory days. Once done with the entire CA IPCC Accounts paper, you should revise the same as well. Try to revise the CA IPCC exam more than once.