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#11
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I am unable to open the link you have mentioned above for the manual of Gitman book For managerial accounting i have Hilton's book! If you have this kindly tell the chapters to be covered from this book ! Your cooperation will be highly appreciated Reply soon kindly ! PS (Share the chapter wise syllabus for paper 2 too asap) |
#12
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@Sana
1-In Financial Accounting book of Sohail Afzal you have mentioned Chapter no 7,8,9,14,15 ! I didn't get where are these topics in syllabus Answer: As you are familiar that there will two parts of the paper objective and subjective. You need to study these chapters because these are basic and core chapters of Accounting. Moreover, in order to have good grip over subjective you should study these chapters. Otherwise, you will not be able to do well in the paper. Maximum 4 hours are needed to study these chapters. So don't worry about it. 2- Closing and reversing entries? You can do them from chapter 9 of the said book of sohail Afzal. For additional study consult accounting by meigs and meigs chapter 5,6,7. Please check it. 3-About link? Just google it and search it on google and download it "Financial Management by Gitman". 4-Managerial Accounting by Hilton Chapter-1,2,3,4,5,8,9,10, (This book doesn't cover many topics so try to find out the relevant chapters i mentioned above or you can read them from Google books, these books are available)
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Sana Satti (Saturday, January 23, 2016) |
#13
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Some people are confused about "How to prepare standards and from where" Here you are, this file covers all those standards you people are required to study.
http://papers.xtremepapers.com/CIE/M...AS_Booklet.pdf
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Sana Satti (Saturday, January 23, 2016) |
#14
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Paper-2
Reading Material: Auditing by S.K Basu Auditing by Khawaja Amjad Saeed Virtual University Notes Audit Standards (Don't read each and every word only relevant material if you want me to send relevant material then I can mail you) Before giving outlines about Auditing; let me make it clear that Audit syllabus is ambiguous and everything is written in a random manner. So in order to do complete preparation in systematic manner, I'll write syllabus in the most logical way so that my fellows can prepare well. Moreover, I'm aware the outlines are ambiguous too and those who are studying it first time, will be perplexed with it. Unfortunately, we don't have any standard text available in the market. In near future, I'll try to compile notes of Auditing which would be detailed and cover complete syllabus, but it will take time. 1)Auditing-40 marks I. Fundamental Auditing Principles and Concepts: i)Audit and Auditing, True and Fair View, Reasonable Assurance Chapter-1 Nature of Auditing by S.K Basu Chapter-1 Auditing by Khawaja Amjad Saeed VU Notes Lesson-1 ISA-200 ii)Audit Assertions and Reasonable Assurance, Regulatory Framework: VU Notes- Lesson-4 Read them online from google search iii) Stages of Audit or Audit Process (Not written in syllabus but It's implied): VU Notes-Lesson- 3 VU Notes Lesson-5 Usually Audit process consists of following stages: 1-Engagement 2-Using the work of Other Auditors (Optional in case of different auditors) 3-Audit Planning 3.i)Knowledge of Business 3.ii)Setting Materiality 3.iii)Risk Assessment 3.iv)Internal Control and Accounting system review 4-Overall Audit Plan 5-Designing Audit Programs 6-Obtaining Audit Evidence by Audit Procedures using audit sampling 7-Forming opinion and reporting For more information search from Google iv) Audit Engagement ISA-210 v) Audit Documentation (Tells you what sort of documents you need to compile) ISA-230 vi) Auditor's responsibility to consider fraud ISA-240 vii) Planning of Audit ISA-300 viii) Internal Control Review Chapter-3 Internal Control by Khawaja Amjad Saeed Chpater-3 Internal Control by S.K Basu VU Notes Lesson-17,18 viii) Audit Materiality and Risk ISA-315 ISA-320 VU Notes Lesson-14, 15 ix) Audit Programs use internet to study in detail x) Audit Evidence , Tests of contro, substantive procedures Chapter-2 Audit Procedures by Khawaja Amjad Saeed ISA-500 ISA-520 ISA-530 VU Notes Lesson-20,21,22,23 x) Governance and Premise ISA-260, 580 xi) Going Concern ISA-570 xii) Audit in computer based environment (EDS and CAAT) Chapter-20 S.K Basu 2) Audit Considerations, Dimensions and Conduct i) Internal Control System: Already Done ii) Classifications of Audit Chapter-2 S.K Basu iii) Scope, Objective and Conduct of Audit: ISA-200 iV) Audit procedures for undertakings Chapter- 12, 17 S.K Basu Chapter-15 Khawaja Amjad Saeed 3) Role and Responsibilities of an Auditor: Chapter- 9 Khawaja Amjad Saeed Chapter-10 Khawaja Amjad Saeed Chapter-14 Khawaja Amjad Saeed VU Notes Lesson-6,7,8 4- Reporting Chapter-11 Audit Reports by Khawaja Amjad Saeed
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Sana Satti (Saturday, January 23, 2016) |
#15
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Secondly for cost accounting i have two books ! 1 is of Sohail Afzal & the other one is by Matz n Usry ! Please if you tell me the chapters from these two books i shall be grateful For Auditing I've M Irshad book! Again if you can tell me the chapters from this book to be covered as per mentioned syllabus, i will highly appreciate it Because i don't have much time ! Just need someone with whom i can match the chapters to be covered ! PS ( I've seen in your profile that you've opted Business Administration & Mercantile law as well ! If you can mention the chapter wise syllabus of these subjects in their respective threads , it would be great ) Thanks in anticipation ! Looking for a reply soon !
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Need ALLAH's Blessings :) Last edited by Sana Satti; Saturday, January 23, 2016 at 05:05 PM. Reason: Mistakes |
#16
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Secondly, Even if you study cost accounting from Sohail Afzal's book, you still can't cover complete syllabus. So given time limitation, I can tell you to read complete book of Sohail Afzal plus find out some chapters concerning "Variance Analysis, Standard Costing, Break Even Analysis. Thirdly I don't have Matz Usry's book so cannot recommend you anything from it. Finally, yes,my optionals are BA and ML but I'm an aspirant for CE-2017 and hence, i've not studied them completely. But I'll try to post syllabus soon provided that I have time.
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Sana Satti (Sunday, January 24, 2016) |
#17
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P.K Jain's book online available or not..??
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#18
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#19
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@awsum farhan brother how much time is required for preparing this subject thoroughly ? and what percent of the syllabus is covered by sohail afzals book for b.com part 1.
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#20
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Not sure you can check.
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