Senior plz guide me.if this syllabus is enough stuff for exams....

[sweetdreams]

This stuff has been provided by a senior member on this website!!!

Paper-II (Cost Accounting + Auditing + Taxation + Business Organization & Finance)


I scored 18 MCQs correct, One incorrect and One still undecided. Cost Accounting Q:3 100% correct, Auditing Q:4 fantastic, Taxation Q:7 made two mistakes but still managed it to score around 15 marks out of 20, Business Organization & Finance Q:8 excellent.


Tips:

Most lengthy paper to prepare and most short to attempt. Wide verity of topics from 4 subjects is covered but paper is very short. I finished my paper exactly within 2 hours and was waiting to pass the time in the exam hall. Lent my calculator to other candidates and then left exam hall.

Cover business organization question because that is the easiest part. (Topics to cove: Sole Proprietor, Partnership, Joint Stock company, Business combinations, Cooperative societies, and few modes of financing).

Cover Auditing section because that is most compact and to the point part of the paper. (Topics: different types of audit, classes of audit opinions, responsibilities of auditor, and internal control).

Cost Accounting: Practice Cost of goods manufactured and Cost of Goods sold statement, variance analysis (Standard costing: Material, Labour, and Overheads), Process costing (Cost of production report), inventory valuation methods, and EOQ. For theory cover different types of costs, and difference between financial accounting and cost accounting.

Taxation: Master calculation of Tax liability of salaried individual. Just go through other topics for reading purpose.


Expected marks: 80 +
__________________
"Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna."
"Jiyo to istarh ky log tum sy milny ko tarsy; maro to istrah k log tumharee mot par royain"





Paper –I
Thank you for honest wishes. Reformer, I was waiting for this day to make good loss which I have been carrying from EDS paper. I wanted to compensate that paper and I did it today. Insha Allah accountancy and auditing paper will enhance my merit.

Paper-1: 100% correct in Part-II (Q:2, Q:3, and Q:6)
Fortunately I did not overwrite even a single figure in the complete paper. This was just because of prudent attempt. I knew I have enough time to manage the paper so I used it in constructive way by avoiding any blunder. Used working notes in Q:3, and Q:6. Use working notes in such question because by doing that you can minimize the chances of mistakes and can create your best image before the paper checker, you can earn good marks even if you answer is wrong provided you have done good working to support you answer. Use pencil (Katchi pencil) while writing main figures like GP, NP, Profit and Loss footing, and Balance sheet footing, when You verify your answer and conclude that your answer is correct than remove that pencil work and write it in ink (or ball point, marker). By doing this probability of cutting/overwriting etc can be minimized.

Make friendship with following topics: Final Accounts (Heart of Paper-1), Ratio analysis (Mind of this paper), Budget specially cash budget (Pocket of this paper), Bad debts, and depreciation (supporting tools), partnership (for emergency), Single entry (for IQ), and Non-trading accounts (for rainy day).

Now you can decide about the important topics by seeing their above mentioned description.


Do go through theory: That helps you in MCQs and short notes. (Get help from Gupta, and M.A. Ghani). Its my observation that one learns these concepts at the time of practicing on the practical problems. I have learnt most of the concepts during my routine schedule. I don't find any note/concept/topic in all the past papers of CSS Accountancy paper which is difficult for me to explain or define with suitable examples. This question is halwa.
Don't worry I will be posting some most expected concepts very soon. This is my responsibility to help you people.


Though I know have grip over partnership accounts but I often avoid this topic to attempt because probability of making mistakes is relatively high in this topic. It is better to get grip over final accounts, ration analysis, budgeting, depreciation and single entry. If cover these topics you won't face problem in Paper-1



How was my paper:
Almost 18 MCQs correct and 2 in doubt. Apart from MCQs, all other questions were 100% correct (Dead sure). And I enjoyed a lot by writing on the short notes section. Good exercise.

I don’t believe that short notes have reduced the high marking score trend. You know why, because total marks are 3 per short note. I am firm believer of the practice that don’t leave any margin for the examiner to swallow your marks in these notes. Make these notes all encompassive by inserting maximum relevant information within reasonable length. Try your best to hijack all these 3 marks and make a tuff situation for the examiner to penalize you even with 0.5 marks. Don’t leave any corner weaker in these notes. Follow it, Insha Allah your paper won’t allow space for the examiner to snatch even a single mark.


Expected marks: Not less than 90 (Not more than 95).

[Umer]

First of all, all the threads you posted regarding this were in wrong sections. Moved to Accounting and Auditing section.
Secondly you could have given link to the posts and thread rather than pasting the whole content in here and asked your questions.
Thirdly, Do not bombard the board with duplicate threads.
Wait for the seniors to reply.
In addition read the rules and abide by them strictly and make life easy for yourself and the management.

[sweetdreams]

Originally Posted by Umer

First of all the thread is in wrong section.
Secondly you could have given link to the posts and thread rather than pasting the whole content in here.
Thirdly, Do not bombard the board with duplicate threads.
Wait for the seniors to reply.
In addition read the rules and abide by them strictly and make life easy for yourself and the management.

thanks for suggestion.......

by the way who are u suggesting me what is wrong an what is write.... nd where I should post the stuff ?????????

[Umer]

I belong to the management of CSS forum.
It is my duty to make sure that everything is properly arranged at CSS forum.
That is why I suggested you that, you have posted the thread three times and all in wrong sections.
You see there are different sections for every kind of subjects. Since this question of yours was related to Accounting and Auditing, therefore it should have been posted in Accounting and Auditing section. I have moved the thread to that section now.

I suggested you to read the rules, because that will be beneficial for you and you will be able to understand what is the theme of CSS forum and how to operate correctly here.

[sweetdreams]

Originally Posted by sweetdreams

This stuff has been provided by a senior member on this website!!!

Paper-II (Cost Accounting + Auditing + Taxation + Business Organization & Finance)


I scored 18 MCQs correct, One incorrect and One still undecided. Cost Accounting Q:3 100% correct, Auditing Q:4 fantastic, Taxation Q:7 made two mistakes but still managed it to score around 15 marks out of 20, Business Organization & Finance Q:8 excellent.


Tips:

Most lengthy paper to prepare and most short to attempt. Wide verity of topics from 4 subjects is covered but paper is very short. I finished my paper exactly within 2 hours and was waiting to pass the time in the exam hall. Lent my calculator to other candidates and then left exam hall.

Cover business organization question because that is the easiest part. (Topics to cove: Sole Proprietor, Partnership, Joint Stock company, Business combinations, Cooperative societies, and few modes of financing).

Cover Auditing section because that is most compact and to the point part of the paper. (Topics: different types of audit, classes of audit opinions, responsibilities of auditor, and internal control).

Cost Accounting: Practice Cost of goods manufactured and Cost of Goods sold statement, variance analysis (Standard costing: Material, Labour, and Overheads), Process costing (Cost of production report), inventory valuation methods, and EOQ. For theory cover different types of costs, and difference between financial accounting and cost accounting.

Taxation: Master calculation of Tax liability of salaried individual. Just go through other topics for reading purpose.


Expected marks: 80 +
__________________
"Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna."
"Jiyo to istarh ky log tum sy milny ko tarsy; maro to istrah k log tumharee mot par royain"





Paper –I
Thank you for honest wishes. Reformer, I was waiting for this day to make good loss which I have been carrying from EDS paper. I wanted to compensate that paper and I did it today. Insha Allah accountancy and auditing paper will enhance my merit.

Paper-1: 100% correct in Part-II (Q:2, Q:3, and Q:6)
Fortunately I did not overwrite even a single figure in the complete paper. This was just because of prudent attempt. I knew I have enough time to manage the paper so I used it in constructive way by avoiding any blunder. Used working notes in Q:3, and Q:6. Use working notes in such question because by doing that you can minimize the chances of mistakes and can create your best image before the paper checker, you can earn good marks even if you answer is wrong provided you have done good working to support you answer. Use pencil (Katchi pencil) while writing main figures like GP, NP, Profit and Loss footing, and Balance sheet footing, when You verify your answer and conclude that your answer is correct than remove that pencil work and write it in ink (or ball point, marker). By doing this probability of cutting/overwriting etc can be minimized.

Make friendship with following topics: Final Accounts (Heart of Paper-1), Ratio analysis (Mind of this paper), Budget specially cash budget (Pocket of this paper), Bad debts, and depreciation (supporting tools), partnership (for emergency), Single entry (for IQ), and Non-trading accounts (for rainy day).

Now you can decide about the important topics by seeing their above mentioned description.


Do go through theory: That helps you in MCQs and short notes. (Get help from Gupta, and M.A. Ghani). Its my observation that one learns these concepts at the time of practicing on the practical problems. I have learnt most of the concepts during my routine schedule. I don't find any note/concept/topic in all the past papers of CSS Accountancy paper which is difficult for me to explain or define with suitable examples. This question is halwa.
Don't worry I will be posting some most expected concepts very soon. This is my responsibility to help you people.


Though I know have grip over partnership accounts but I often avoid this topic to attempt because probability of making mistakes is relatively high in this topic. It is better to get grip over final accounts, ration analysis, budgeting, depreciation and single entry. If cover these topics you won't face problem in Paper-1



How was my paper:
Almost 18 MCQs correct and 2 in doubt. Apart from MCQs, all other questions were 100% correct (Dead sure). And I enjoyed a lot by writing on the short notes section. Good exercise.

I don’t believe that short notes have reduced the high marking score trend. You know why, because total marks are 3 per short note. I am firm believer of the practice that don’t leave any margin for the examiner to swallow your marks in these notes. Make these notes all encompassive by inserting maximum relevant information within reasonable length. Try your best to hijack all these 3 marks and make a tuff situation for the examiner to penalize you even with 0.5 marks. Don’t leave any corner weaker in these notes. Follow it, Insha Allah your paper won’t allow space for the examiner to snatch even a single mark.


Expected marks: Not less than 90 (Not more than 95).

??

[mjkhan]

here is the syllabus

Accountancy and Auditing : CSS Syllabus - CSS Forums


what else do you want to know?it is better to follow the syllabus been give by fpsc instead of following any other be it even some topper of a CCE.

and yes this subject can give high marks but for that one needs to do a lot of hard work.to start estimating and expecting numbers is like building castles in the air.