[B]Confusion about syllabus of Paper I( Accounting and Auditing) [/B]
I have prepared the following topics, kindly check this out and let me know what else should be prepared??? 1. Complete Accounting Cycle( Journal, Ledger, Trial Bal, Adjusting and closing Entries, Income Statement, Owner,s Equity Statement, Balance Sheet, Work Sheet) 2. Accounting for Merchandising 3. Depreciation 4. Partnership 5. Ratio analysis 6. IAS 7. Cash Budget( Don,t know from where to prepare, Is it available in Meigs and Meigs) Please Guide 8.Final Accounts( Is it also present in Meigs and Meigs Ninth Edition???). 9. Trading and Profit and Loss account( Confused from where to prepare, I have Meigs nd Meigs.... [B]Please guide me Sir Sirfaraz.[/B] |
IAS is not required to prepare
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[QUOTE=sidogar;533161]IAS is not required to prepare[/QUOTE]
IAS 1 and IAS relating to depreciation need to prepare for good score. Past two papers have questions from these two. It will also clear your concepts. It is a game of 2 to 3 hours only, rest is your choice. [QUOTE=seher bano;533151][B]Confusion about syllabus of Paper I( Accounting and Auditing) [/B] I have prepared the following topics, kindly check this out and let me know what else should be prepared??? 1. Complete Accounting Cycle( Journal, Ledger, Trial Bal, Adjusting and closing Entries, Income Statement, Owner,s Equity Statement, Balance Sheet, Work Sheet) 2. Accounting for Merchandising 3. Depreciation 4. Partnership 5. Ratio analysis 6. IAS 7. Cash Budget( Don,t know from where to prepare, Is it available in Meigs and Meigs) Please Guide 8.Final Accounts( Is it also present in Meigs and Meigs Ninth Edition???). 9. Trading and Profit and Loss account( Confused from where to prepare, I have Meigs nd Meigs.... [B]Please guide me Sir Sirfaraz.[/B][/QUOTE] Yes it is more than enough. Actually I also prepared the same minus partnership. I do prepared partnership but it is really confusing so I did not practiced it near papers and also never tried it in the paper. And for cash budget I did not consulted Meigs, so i do not know whether it is in the book or not. I prepared it from Managerial Finance by Guitman. However you don't need to purchase the book just google and prepare past papers. It is very simple. Prepare Trading & Profit & Loss account from Ghani book. Final accounts from Ghani Book. I personally like foreign books as they are easy but there are lot of examples on Ghani Book so prepare from it. Use Meigs book only to clarify concept in case of confusion. however Merchandising accounts are not given in Ghani book so prepare from Meigs [QUOTE=xepan;484305]Dear, you preparation of Job costing and Process costing with intial definations from Sohail Afzal book shows that you have adopted a selected study method. I am also adopting selective study method but would it be sufficient to prepare cost accounting cycle and financial statements chapters with initial definitions?[/QUOTE] Yes it will be enough as it covers both question not only one. It is the trend from 4 to 5 years. |
[QUOTE=sarfaraz shami;447055]
1. M.A Ghani Principal of Accounting & [B]Key([/B] Can you let me know the publisher and place of that book so that i may order this book via courier??) [B] Tell me also that the [B]Key[/B] is also within this book or otherwise?? 3.A foreign book like Larsin Wild Chapeeta [/B] I have bought this book but its name is: Fundamental Accounting Principle( 20th Edition) by [B]John J. Wild, Ken W Shaw, Barbara Chiappetta.[/B] ( is it the same book that you mentioned above??) [B]Part-3 Income Tax Synopsis of Taxation by Munawar Hussain Mirza.PAC Lahore (Please don’t go for other books)[/B] I have bought this book, but can you tell me which topic or chapter should be prepared from this book since it is too bulky?? Its Edition is Tax 2013. [/B][/QUOTE] Sirfaraz Sir can you please answer the queries??? |
[QUOTE=irshad1333;447145]My n view, Accounting is too much time consuming subject.[/QUOTE]
not not time consuming as much as math and physics |
[QUOTE=sidogar;533161]IAS is not required to prepare[/QUOTE]
IAS are not required for scorin but required for good scoring. student of icmap and icap know it well. |
[QUOTE=mazharalikhokhar;533239]IAS are not required for scorin but required for good scoring. student of icmap and icap know it well.[/QUOTE]
IAS1 is essential for financial statement. Financial statement question comes reqularlly in the exam. |
asalam o alaikum
respected seniors i am a beginner .i seek ur guidance .... my questons are 1.. whch opt subj are marks securing ? 2..i did bachelors in jour n socio ..didi mastrs in eng lit ..i did c.a foundation n tthen left it ..want to do css ....whch subj shall i opt ??? 3.. kindly let me knw study material ( gud buks ) fr opt subj .. 4..i selected these subj accnts socio n jour pak india his ........confused :/ ... regards sidizid bye >>:) |
Sir Sirfaraz I am waiting for your reply for my above post....
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Advance Accounting of Mukarjee
I am preparing from Modern Accountancy of Mukarjee and M Hanif. Is it enough or shall I consult M A Ghani?:blink
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