Announcement regarding non-applicability of Revised Schedule VI in November, 2011 examination - (03-06.2011)

Non-applicability of Revised Schedule VI for November 2011 Examination

This is to bring to the attention of students that a decision has been taken to defer the applicability of the Revised Schedule VI for CA examination, consequent to which the same will not be applicable for the PCC, IPCC and Final examinations to be held in November, 2011.

Accordingly, in the list of publications/amendments relevant for November 2011 examination published in Students’ Journal “The Chartered Accountant Student”, the following portions given in column (4) of the table below are to be excluded:

Month of Issue	Page No.	Particulars / Heading	Portion to be excluded
(1)	(2)	(3)	(4)
May 2011	27	List of Institute’s Publications relevant for November 2011 examination	Sl. No. III. relating to Revised Schedule VI (under Final Course Paper 1: Financial Reporting)
May 2011	30	-do-	Note 1 (Common for PCC/IPCC Paper 1/Paper 5) under Paper 5: Advanced Accounting
June 2011	28-29	Applicability of relevant amendments etc. relating to Corporate and Allied Laws (Final) for November, 2011 examination	The seventh row under the said heading relating to Schedule VI

Further, the first sentence in the Note given in page 25 below the illustrative format of “Notes to Accounts” published in the June 2011 issue of the Students’ Journal, mentioning, inter alia, that the Revised Schedule VI is applicable from November 2011 examination should also be ignored. 

Announcement-Assessment Test of the Certificate Course on International Taxation organised by the Committee on International Taxation of ICAI - (02-06-2011)

It is notified for the information of all the registered members pursuing Certificate Course on International Taxation of the ICAI that the Assessment Test of the Course is proposed to be conducted on Sunday 3rd July, 2011 from 2.00 PM to 5.00 PM in the following centres: New Delhi Mumbai Kolkata Bangalore Ahemdabad

Eligibility criteria for appearing in the Assessment Test:

1.   Members who had registered for the Certificate Course and attended the same but not yet appeared for the Assessment Test.

2.   Members who had appeared for the Assessment Test but not declared successful. Such members may reappear by paying the fees of Rs. 1000/-. The fees may be paid through Demand Draft in favour of “The Secretary, The Institute of Chartered Accountants of India” payable at New Delhi only and forward the same to the following address:

Secretary, Committee on International Taxation, The Institute of Chartered Accountants of India, ICAI Bhawan, Research Block, 1st Floor, A-29, Sector-62, Noida (U.P.) - 201301, India

Members intending to appear in the Assessment Test should inform the office latest by Monday 20th June, 2011 on the e-mail citax@icai.org

Tips to get success in CA exams after continuos failure

Four days before somewhere I read : 

If you continue to do what you used to do before;

You will get the same result which you had before.

I  realized a great message lying in two lines - specially for CA students because many students immediately start their studies on declaration of CA results, but without any major changes in their study patterns, presentation and style.
This is the only reason of continuous failure of CA students.

The following facts are based on my research on study patterns of students :


1. Many students can't complete the paper due to slow writing speed.


After examining various students; now I find that they also have slow speed of reading. If speed reading is missing; subject would also become typical to understand.


For example; in law subjects; if there is not a good speed to read the sections; the meaning would not be understood well.


Hence slow speed of reading results into slow think process which ultimately leads to slow writing.


2. Whether speed reading is possible for every student ?


Suppose one student reads 6 pages per hours and another one can read 12 pages per hour. It looks simple to know its effect of consuming double time by the second one but still students don't care to improve their reading speed.

Why ?

Because they mentally accept that their reading speed is slow.

Most of the students don't try to increase their reading speed.


3. First reading of the Book is too slow


Major fault is to focus first reading with too much care. 

Although all students know very well that first reading will not give good confidence in the subject. Still they consume a good portion of their study time in first reading.


4. How to overcome first reading speed breaker ?


1st Step : Refer Index of the Book and mark New Words.

2nd Step : To know the meaning of New Words : open the page number shown against the point in the Index and read only 2 lines of the relevant para.

3rd Step : Before you close your study hours; revise the new terms without fail. It will hardly take 10 more minutes.

4th Step : Have a look at the Index ( in parts - every time ) daily to familiarize with the topics and its contents.

5th Step : Read the whole index of the book in this manner at least for 4 times. It will hardly take 4-5 days.

6th Step : Start one topic and firstly read its heading only.

7th Step : Now start the full topic. Surprisingly; you will not find any speed breaker which disturbed you before.

8th Step : Revise the whole chapter without fail. It will hardly take 15-20 minutes.

9th Step : Don’t leave typical points to see them later on. These are the most important points to clear your CA Exams. For example; if you escape to study Foreign Taxation later on in Direct Tax; you will never have confidence in the topic at the time of examination leaves.


Benefits of taking above Steps while studying : 

1. Immediate identification of important and typical points in the subject. 

2. Confidence in the subject and its topic.

3. Less time consumption in Thought Process of the contents.

4. Ultimately increase in the speed of reading and writing.

5. More time to discuss with the friends and faculties.

6. More time for typical points which is a must to clear CA Exams.


CA Surendra Kumar Rakhecha

Surat-Bikaner

source: caclubibdia