Ideal Study Techniques
Why this seminar?
Objectives of the
session:
• To analyse the process of study,
• To discuss variety of issues related
to study,
• To explain the difference between
hard work and smart work.
Objectives of the
session:
• Tips to gain maximum knowledge
and marks in practical subjects,
• Tips to gain maximum knowledge
and marks in Theoretical subjects,
• Success Mantra for life.
“Study”
• Simple Definition of Study is:
“The systematic analysis of the facts
and predictions about their results
based on our knowledge and past
experience.”
“Study”
The “systematic”
“Analysis”
of the “facts”
and “predictions” about their
“results”
based on our “knowledge and past
experience”.
The study
must be
Perfectly
Planned
In depth
Logically
Analyzed
Moving
towards
revision
The study
must Have
Continge
ncy Plan
Room for
other
Activities
A lateral
thinking
Maturity
Difference between
Hard work and Smart work
Working Hard:
• Needed but need to stop working
hard after a certain level
• H: Hectic,
• A: Applying the extra energy,
• R: Repetition of work
• D: Diminishing Utility
Working Smart:
• Must be used as an important
attachment to Hard work
• S: Systemic,
• M: Managing the time perfectly
• A: Analytical study,
• R: Relying on ABC analysis
• T: Talent utilization in a perfect way
Hints for practical
subjects:
1. Understand each and every concept
perfectly,
2. Find out the reason behind everything,
3. Find out the exact steps to solve the
problem,
4. Always follow the above steps,
5. Write down the working notes in detail in
your language,
6. ABC technique,
7. Perfect plan for revision.
Perfect steps for
Admission of partner
in the firm::
1
Prepare Revaluation account, Capital a/cs, bank a/c and new B/S
2
Record balances
3
Past profits/losses/reserves transferred to old partners in old ratio
4
Cash brought in by new partner
5
Make revaluation of assets and liabilities,
6
Record assets taken by any partner
7
Record revaluation expenses
8
Find new ratio if not given,
9
Find goodwill and give its accounting treatment,
10
Revaluation profit /loss to old partners in old ratio
11
Make capital adjustment in any
12
Close all the account and the balance sheet must be tallied.
Hints for Theoretical
subjects:
1. Understand each and every concept perfectly,
2. Find out the reason behind everything,
3. Prepare tree diagram of what ever you have learnt
and understood.,
4. Revise the tree diagrams,
5. Immediately go through the past exam questions
and think about, the expected answers of it,
6. Write down the answers on paper,
7. Form the discussion group.
Tree Diagram Technique
Parties
incompetent to
contract
Minor
Unsound Mind
Enforceable if it is beneficial
to him
Lunatic
(Partially Allowed when he is
of sound mind),
Idiot
(Permentantly mad)
Person Disqualified
by law
1. Elian enemy,
2. Insolvent,
3. Foreign Diplomat,
4. In jail
General perceptions
about professional
exams.
• The result of professional exams is very low!
General perceptions
about professional
exams.
• We need to study for 14-15 hours a day!
General perceptions
about professional
exams.
• These courses are very difficult!
General perceptions
about professional
exams.
• We must sacrifice our life for these courses!
General perceptions
about professional
exams.
• Passing in 1st level assure the degree!
General perceptions
about professional
exams.
• 11th Commerce is the Rest Year!
A, B, C, D, E OF
Success..
A: Attitude:
+ve Attitude & Self
Confidence
A, B, C, D, E OF
Success..
B : Basics
A, B, C, D, E OF
Success..
C: Consistent efforts
A, B, C, D, E OF
Success..
D: Dedication
A, B, C, D, E OF
Success..
E: Enjoying the study
Interest Creation
Banking Company Final Account
Sch
No
Key Word
Schedule
1
Call
Capital
2
Rajiv
Reserves & Surplus
3
Delhi
Deposits
4
Bombay
Borrowings from other banks
5
Or
Other Liabilities
6
Calcutta
Cash and balance with other banks
7
But
Balance with other banks and money at call and short notice.
8
Indira
Investments
9
Ad vocates
Advances
10
For
Fixed Assets
11
Others
Other Current Assets
12
Contingent Liability
13
I
Interest earned
14
O
Other Incomes
15
I
Interest Expended
16
O
Other Operating Expenses
• Thanks a lot!
CA Yogesh Panchakshari
Managing Director
PPA PVT Ltd
98220 26393,
90110 60690,
2571545
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