Strategic Areas: Costing - PCC/IPCC May 2010

1. Standard Costing
2. Marginal Costing
3. Operating Costing
4. Process costing - By- product costing and joint products
5. Integrated Accounts
6. Budgetary Control with special reference to Flexible Budgeting
7. Materials with special reference to Levels of Materials and Pricing of Materials
8. Overheads - Underrecovery / Overrecovery of overheads
9. Labour - Treatment of special items eg. idle time, overtime premium etc.

Strategic Areas: Advanced Accounts- IPCC May 2010

1. Hire Purchase and Instalment Purchase System
2. Singe Entry System
3. Partnership Accounts
4. Insurance Claims - Loss of Profit policy
5. Self Balancing Ledgers
6. Account Current
7. Internal reconstruction
8. Accounting Standards: 1, 6 & 9
9. Cash flow Statement
10. Final Statements with special reference to computation of Managerial Remuneration
11. Accounting in computerized environment

Strategic areas: Advance Accounts - PCC May 2010

1. Partnership Accounts with specific refernce to :-
a. Basics
b. Insolvency
c. Piecemeal distribution of Cash
2. Single Entry System
3. Amalgamation & Reconstruction (AS 14)
4. Accounting Standards with special reference to AS 7, 9, 13, 19, 20 & 29
5. Accounts of NPOs
6. Insurance Claims
7. Banking company Accounts
8. Debentures
9. Accounting in Computerised Environment
10. Branch accounts with special reference to
a. Independent and foreign branches
b. Invoice price method
11. Departmental Accounts
12. Hire Purchase accounts
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**M BACK**

Guys, on popular demand.. "M back" with my blog writing.
This piece is for the theory subjects... "storytelling" style!!Once upon a time, there were two friends, Anku & Banku. They wanted to have aloo parantha. Anku wanted to go to a restaurant but Banku preferred a roadside dhaba. Both had their arguments. One had curd, pickle & ambience and other was popular for its low price and good taste. Banku won, they tried dhaba. And the next morning Anku couldnt complain more for the visit to dhaba.
On the same lines...
They both gave CA(PCC) Exam that year. Amazingly, they've always been quite similar in studies. Always the same negligible difference in marks. But when it came to CA, ek galti Banku ko le doobi. I repeat "EK GALTI". He opted for unofficial notes from some misc person. for theory subjects based on the most credible grapevine (atleast Banku thought it to be). Popularly quoted in Grapevine ," Abe main to usse pad raha hun... woh dekh.. its awesommme, Short & concise but fir bhi full coverage; isse pad ke aaram se 60 on 100; no tensions; sab yahi padte hai " etc.
So try learn from Banku's GALTI and use ICAI recommended stuff. Dont go for the taste but quality. Its safe and will fetch you marks, real time.*Issued in Public Interest*

~Happpy Neww Yeearrr~

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