Originally Posted by sarfaraz shami

I solved other one.

Originally Posted by sarfaraz shami

I got 154 in CE-2011 and receiving different e-mails from forum members regarding guidance. It is not possible to guide individually so I am posting here comprehensive reply.

Paper 1 (81/100)

Books

1. Ghani & Ijaz Principal of Financial Accounting & Key
2. Ghani & Ijaz Advanced Accounting & Key
3. A foreign book like Larsin Wild Chapeeta or Meigs & Meigs
4. Accounting Standards by PAC(Available at Waheed Book Depot)

1. From book 1 I assured that no text is missed, I religiously studied the entire text, studied each definition, however I did not solved all questions. Following Chapters I studied

1. From Start to Final Accounts of Company
2. Partnership accounts
3. Depreciation & Amortization

Please also focus on accounting principals/conventions

2. From Book 2 chapter relating to Ratio Analysis only.

3. From this book I gained concepts similar to that of Book 1; however this book is easy to understand. So studying both book 1 & book 3 is essential. From Book 3 you will get easy concepts. I did not prepared final accounts from this book, only concepts leading to final accounts. In addition I prepared from this book chapter relating to analysis of financial statements. It will be very easy, an hour or so. It includes ratio analysis, horizontal analysis, vertical analysis, comparative balance sheets etc. Now I thing is very important, go to the end of book & underline important definitions in glossary. Remember text & concepts are more important than practical problems. Now one thing more chapters relating to fixed assets, which includes sale, purchase & exchange of fixes assets is important.

Please also focus on accounting principals/conventions


4. Only 4-5 hours to this book & you will get 20 additional marks. Study IAS-1 & IAS relating to depreciation & fixed assets ( I don’t remember the exact IAS number) but I think it is IAS 16(Solve examples from this chapter). In the start of this book & in IAS 1 you will get knowledge of accounting principals & conventions also.


Paper 2 (73/100)

Part 1-Cost Accounting

Books: Sohail Afzal’s Cost Accounting & Key.

I prepared chapters relating to Job order costing, process costing & definitions from the initial chapters only. To be on safe side also prepare variance analysis.

Part-2 Auditing

Auditing for Bcom Suhail Afzal

Part-3 Income Tax

Synopsis of Taxation by Munawar Hussain Mirza.PAC Lahore (Please don’t go for other books)

Prepare definitions & income from salary.

Part-4-Business

Introduction to Business for bcom by M Asghar Rasheed Janjua

Originally Posted by mani1

For those with background in the subject, they can prepare it within 1-2 weeks and it is highly rewarding.

Originally Posted by Ahmed Faisal

Brother i have mailed you. kindly reply and tell me the whole procedure and how to prepare it within two weeks.??? i did MBA.

Originally Posted by SeektoLead

Dear Brother I'm unable to find these books in Rawalpindi .... please guide me right where from I can get these books....
Books

1. Ghani & Ijaz Principal of Financial Accounting & Key (wherever I asked for this book they showed me M.A Ghani books) can I use Sohail Afzal instead of this writer ??
2. Ghani & Ijaz Advanced Accounting & Key[B](wherever I asked for this book they showed me M.A Ghani books)[B]
4. Accounting Standards by PAC( They simply didn't recognize it )


Part-3 Income Tax

Synopsis of Taxation by Munawar Hussain Mirza.PAC Lahore (How can I get this book from Rawalpindi/Islamabad)

Brother problem is that I'm from Chakwal and I went to Rawalpindi to buy books but most of them weren't available.... please if someone know any shop in Rawalpindi let me know

Originally Posted by Ahmed Faisal

Brother i have mailed you. kindly reply and tell me the whole procedure and how to prepare it within two weeks.??? i did MBA.

Originally Posted by SeektoLead

would you plz forward me two weeks plan?