A/c Theory
• It has a weightage of 16 marks ( approx )
• Can be completed by making notes from module &
compilations in just Two full days of 12 hours each
• It has a weightage of 16 marks ( approx )
• Can be completed by making notes from module &
compilations in just 7 Full days of 12 hours each
• Accounting Standards in PCC syllabus – 1 to 7, 9 to 14,
16,19,20,26,29
• Day 1 => AS – 1,2,3,9,29 .it does not involve Practical Questions
• Day 2 =>AS – 4,5,7 it involves practical questions
A/c Standards • Day 3 =>AS – 6,10,12,26 it involves both theory and practical
• Day 4 =>AS - 13,14 it involves practical questions
• Day 5 =>AS – 11,16 these are very important from Exam view
• Day 6 =>AS – 19,20 these are very important from Exam view
• Day 7 => Revise all from notes prepared
Single Entry
• It does not have a specific weightage but its techniques are
used in other chapter like Non- profit organization,
partnership,amalgamation,etc
• Can be completed in just one day by solving all questions asked
in past examinations from compilations and module, just cover
all the types of questions asked , no need to solve multiple
questions of same type.
• It’s a pure practical chapter so, no theory included.
• Mark some good questions for revision purpose.
• It has weightage of minimum 8 marks if combined with single
entry system & has a potential to be asked for 20 marks also.
Not for
• It can also be completed in just one day by solving all questions
profit
asked in previous examinations from compilations and
organisation modules, cover all possible type or pattern of asking question
• Solve one or two question of each type of question
• Mark some good questions for revision purpose.
• It contains Theory also which is good in module.
Buy back, right
issue,esops,
forfeitue, etc
Banking,
Insurance &
Electricity
• It does not have any specific weightage
• It can be asked in journal entries form
• So while making notes, make the note of journal entries in each
case
• It is given in module the journal entries
• No need for practice, journal entries remains same, just figures
keep changing.
• It has weightage of minimum 8 marks.
• Determine the types of questions asked in past examinations
and practice two to three problems of each type.
• Banking – type of questions – Provisioning of NPAs, Journal
entries for Rebate on Bill Discounting, etc
• Insurance - type of questions – Revenue & profit & loss A/c
• Electricity – type of questions – Loss on Replacement, Amount
to be capitalised on replacement, Determination of
distributable profits & Distributions of Profits.
• Balance sheet is not expected to be asked in PCC
• Module is more than enough for Chapter Electricity companies
Investment
A/c ing
• It is a chapter which is to be studied with AS – 13
• It has limited questions so, easy to cover
• It has transactions such as Bonus issue, right issue, dividend
declared & sale of shares
• Only important point in this chapter is-=>calculation of no. of
bonus shares received, Dividend to be capitalised or treated as
revenue, Profit & loss on sale as cost to be taken for this
purpose should be weighted average cost.
• Application of AS - 13
has weightage of minimum 8 marks when combined with
Self balancing, • It
investment A/c .
A/c current &
• It’s a pure accounting chapter having double entry and posting
ADD
•
•
•
•
Insurance Claims
Two type of questions are askedCalculation of loss of stock
Calculation of loss of profit
Module has more than sufficient questions on this chapter so
do not refer any other book for this chapter.
• It contains theory questions also like Average clause,etc
•
•
•
•
Liquidation of
Compan
There are two types askedStatement of affairs – (Formatised)
Liquidators statement of Account ( T format )
For Statement of Affairs u have remember the Order of
payment on liquidation
• For Liquidators statement of account also u need Order of
payment on liquidation but there is only one important point
that how much to Call from equity shareholders & how to Pay
to equity shareholders in event that partly paid up shares also
exist.
•
•
•
•
Insurance Claims
Two type of questions are askedCalculation of loss of stock
Calculation of loss of profit
Module has more than sufficient questions on this chapter so
do not refer any other book for this chapter.
• It contains theory questions also like Average clause,etc
•
•
•
•
Liquidation of
Compan
There are two types askedStatement of affairs – (Formatised)
Liquidators statement of Account ( T format )
For Statement of Affairs u have remember the Order of
payment on liquidation
• For Liquidators statement of account also u need Order of
payment on liquidation but there is only one important point
that how much to Call from equity shareholders & how to Pay
to equity shareholders in event that partly paid up shares also
exist.