#ca inter audit expected questions

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What is good to do for a Chartered Accountant after the 12th exam? Students are confused about taking B.Com or taking the road of C.A. directly?

Charting Your Course: When to Begin Your CA Journey?

The esteemed profession of chartered accountant (CA) beckons many aspiring individuals. It promises a diverse range of job opportunities and a well-paying career, making it a popular choice among students. 

Not Be confused about choosing a way to take CA

But a crucial question often arises: when to embark on this path? 

Should you start right after high school (12th grade) or pursue a Bachelor of Commerce (B.Com.) first?

After your 12th board examination in India, preparing for the Chartered Accountant (CA) exams is a challenging but lucrative road. A diligent study plan, dedication, and concentration are required to become a chartered accountant. 

Yes, CA is indeed a very tough path, but it is not impossible to play chess and become a CA. The thorough handbook or study notes will help prospective CAs with their preparation. Nowadays,  millions of online study materials are available for free to learn, including CA online coaching classes on the YouTube platform:

The answer, like most things in life, depends on your unique goals and preferences.

Starting after 12th:

Early Start, Early Finish: You get a head start on your CA journey, allowing you to qualify and enter the workforce sooner.

Streamlined Studies: The foundation course for CA, previously known as the Common Proficiency Test (CPT), can be taken right after the 12th. This allows you to integrate CA studies with your undergraduate courses if you choose to pursue one concurrently.

Starting after B.Com:

Strong Foundation: A, B.Com. degree equips you with a solid grounding in commerce and accounting principles, which can prove invaluable during your CA studies.

Master's Degree Option: If you have your sights set on a Master's in Commerce or a related field, completing your B.Com first provides a strong academic base.

The Bottom Line: It's All About You

Ultimately, the decision about when to pursue CA hinges on your aspirations and circumstances. Carefully weigh your options and seek guidance from professionals in the field before making a choice.

Ready to Dive Deeper?

If you're eager to learn more about the CA journey and the exciting career avenues it opens, explore our comprehensive guide (link in bio, if applicable) for a detailed roadmap to becoming a Chartered Accountant.

9 Tips to Overcome Your Fear of the CA Exam

Quitely Understand the Exam Structure: Become acquainted with the subjects, question patterns, and grading system of the CA exam, which includes the final CA exam, the IPCC (Integrated Professional Competence Course), and the CPT (Common Proficiency Test).

Carefully Join a trusted CA online coaching institute (should be online or offline): Make sure the coaching institute you select offers thorough study materials, professional advice, and a well-organized study schedule. 

Organizations such as the Institute of Chartered Accountants of India (ICAI) offer guidance and materials to help students get ready.

Schedule a timetable: Create a study plan that addresses each subject in detail. Give each subject adequate attention, taking into account both your level of expertise and the subject's intricacy.

Examining yourself daily is a multivitamin for you. (Regular Practices): To become more familiar with the steps of the exam and improve your ability to organize your time, solve practice questions, mock tests, and pass papers frequently for at least 10 years.

Attention on Theoretical Clarity: Instead of rote memorization, passing the CA exam requires a thorough or solid understanding of the subject matter. Give careful attention to comprehending the fundamental ideas and how they are used in actual situations.

Get Tips for Success: Don't be afraid or hesitate to ask seasoned instructors, fellow students, or mentors for advice. Clarification of ambiguities (doubts) and questions facilitates understanding.

Keep Up with Keep up with important events, revisions, and shifts in accounting rules because these will frequently be covered in the test.

Reviewing the syllabus is important as well: It is essential to regularly review all subjects. Plan time for review in your studies to ensure that you comprehend the material.

Read Also: Syllabus of ICAI CA Foundation Exam 2024: Exam Date, Marks

Maintaining health is good for you: Learning effectively requires not only intense study sessions but also regular breaks, rest periods, and a healthy balance between work and play.

Making an informed choice of the best training institute can be aided by investigating several coaching centers, their success rates, faculty expertise, study materials, and alumni reviews. In addition, organizations like Wisdom Academy - one of the renowned coaching centers—offer CA candidates high-quality instruction and direction. You are free to approach them at any time. outstanding performance on your CA online test.

Remember that passing the #CA examinations require not simply effort but also a planned and methodical CA study strategy. Aspiring CPAs may pass these tests and have a bright future in finance and accounting with hard work and devotion; programs like Wisdom Academy just move you one step closer to realizing your potential.

All the best… "If you want to shine like a sun, first burn like a sun." - Shri Abdul Kalam

[spcpriya]

An Overview CA Intermediate Exam as Per New Syllabus 2024

With its hard coursework and exams, the Chartered Accountancy (CA) Intermediate level is a critical step on the path to becoming a chartered accountant. To guarantee that prospective chartered accountants (CAs) possess the most recent information and abilities, the Institute of Chartered Accountants of India (ICAI) has unveiled a revised curriculum for the CA Intermediate course. We'll go over the main ideas of the CA Intermediate New Syllabus in this blog, giving candidates an idea of what to expect and how to get through this demanding yet rewarding stage of their career.

Updated Structure and Pattern: The CA Intermediate exam's structure and pattern have been updated in light of the new syllabus. Six papers total are split into two groups, Group I and Group II, each of which has three papers. The framework attempts to offer a comprehensive grasp of many aspects of business, finance, and accounting.

Papers for Group I:

Advanced Accounting: This section of the CA Intermediate New Syllabus 2024 focuses on producing financial statements using Indian Accounting Standards, which are comparable to IFRS, and applying accounting standards to actual business scenarios. It also addresses the financial statement preparation framework and IFRS convergence or adoption.

Corporate and Other Laws: This essay covers business law, other corporate laws, ethics, and legal and regulatory topics. Candidates must understand the laws that control corporations and corporate governance.

Taxation: Both direct and indirect taxes are covered in this paper. To prepare applicants for the complexities of the taxation landscape. It has 2 sections.

Income Tax Laws(IT)

Goods and Service Tax(GST)

Papers for Group II:

a. Cost and Management Accounting: With an emphasis on budgeting, performance analysis, and costing techniques, this paper gives candidates the tools they need to control costs and make decisions in companies.

b. Auditing and Ethics: Understanding the foundational ideas of auditing and becoming acquainted with the well-recognized auditing methods, approaches, and competencies are the main goals. Students will also acquire the skills necessary to successfully apply this information in audit and attestation assignments.

c. Financial Management and Strategic Management: The main goal of financial management is to optimize the value of an organization's finances.

Conversely, strategic management focuses on the broad picture, explaining how to create and carry out plans that will support a business in achieving its objectives in the long run.

FM and SM are two sides of the same coin, not distinct topics. Implementing effective strategy requires strong financial management, and making wise financial decisions requires a solid understanding of the business environment. Through acquiring both FM and SM, students enrolled in CA Inter gain a comprehensive viewpoint.

Strategies for Preparation:

Considering the new syllabus's comprehensive nature, candidates need to implement efficient preparation techniques. This entails making a study schedule that allows enough time for each paper, getting practice with previous exams and practice questions, and consulting mentors or knowledgeable instructors for advice. Furthermore, candidates must stay informed about any modifications or updates issued by ICAI to guarantee that they are adequately prepared for the exams.

In summary, the CA Intermediate New Syllabus represents a major advancement in bringing the CA curriculum into compliance with the needs of the contemporary business world. This stage should be approached by aspiring chartered accountants with a dedication to comprehending both the theoretical and real-world applications of the concepts. Candidates can pass the exams and become well-rounded professionals prepared to make valuable contributions to the finance and accounting industries by assiduously studying the new syllabus and planning ahead.

Start your journey with CA online classes at SPC:

[monica2016]

RPSC Assistant professor ABST Recruitment 2020-21

In this blog we will cover assistant professor vacancies in Rajasthan including its syllabus , exam dates , exam pattern , books , notes , how to apply  and special tips by toppers about how to crack this exam .

RPSC Rajasthan has issued the notification for recruitment of assistant professor vacancy in Rajasthan for 82 vacant posts in ABST i.e Accounts and business statistics.The exams for proposed recruitment of abst assistant professor was to be held in April 2021 but now the exams are postponed and exams are proposed to be held in September 2021 and scheduled dates are from 24th September onwards. RPSC conducts these exams so if you are looking for teaching profession after post-graduation , you can prepare for this exam and for Rajasthan lecturer vacancy you need to clear UGC NET exam/ State SLAT exam .

we are providing complete Video lectures, Short Notes , 5000+ MCQs and Practice Mock tests of professional knowledge part ,for paper 1 and paper 2 of RPSC Assistant professor ABST exams, which is most important has weightage of 150 marks out of 200 Marks written exam.

Key Highlights of RPSC Assistant professor ABST Recruitment 2020-21

Eligibility for Rajasthan university recruitment of assistant professor

For assistant professor vacancies, Post-Graduation with NET/SLAT is required in relevant subject for which you are applying .

For ABST Subject or Commerce candidates who are looking for assistant professor exam should have following educational qualifications-

Post-graduation in commerce with 55%  or equivalent and

NET/ SLAT or similar qualification ,or

Candidates who is holding PHD as per UGC

Exam pattern of assistant professor vacancies

There will be two stages of exam

Stage 1.  Written exam – MCQ based – 200 Marks

Stage 2. Interview – 24 Marks

Stage 1 of written MCQ based exam will have Three (3) Papers as under exam for assistant professor

Paper 1– Financial Accounting. Corporate accounting, Management accounting and cost accounting (Total 150 Questions for 75 Marks)

Paper 2- Audit , tax , business statistics (Total 150 Questions for 75 Marks)

Paper 3- Rajasthan GK (Total 100 Questions for 50 Marks)

Detailed syllabus of ABST Assistant professor is given at end of this blog for refence

Negative marking in Rajasthan lecturer vacancy

1/3rd penalty for each wrong answer will be deducted.

Exam and centres of assistant professor abst exam

It will be notified by RPSC Rajasthan very soon along with the admit cards .

Job profile of assistant professor in Rajasthan/workings In Rajasthan government as assistant professor Job.

Job of Assistant professor is most prestigious and as well very easy workings, as a professor you need to take only 3-4 lectures daily and along will that number of holidays are also good

RPSC Assistant professor ABST 2020-21 Vacancy and news regarding Number of expected vacancies

The present vacancy of assistant professor vacancy in Rajasthan is for total of 900+ posts for all subjects and number of vacancies for ABST is 82 , which is a very good number . further its is also expected that in 2022 Rajasthan government will issue notification for assistant professor exam, as soon as the rpsc exam time table is released on www rpsc gov in recruitment notification, we will notify it here.

RPSC recruitment of assistant professor exam date

for 2021 vacancy of assistant professor notification, exam dates proposed is 24th September 2021 onwards by rpsc. For any further updates about rpsc lecturer exam date keep checking this portal or you can also check latest updates at www rpsc govt in

Rpsc assistant professor salary

Salary of rpsc assistant professor is very good in comparison to other teaching jobs. with grade pay of 6000/- , rpsc assistant professor selected candidates get total salary of 80000+ after completion of probation period of two years .

How to apply for assistant professor

In order to apply for assistant professor exam, you need to follow the below given instructions

Step 1- Visit SSO Portal of Rajasthan Government and register / login to your sso id for applying rpsc assistant professor exam

Step 2 – go to recruitment portal on SSO and then you will be re-directed to new page where you will see assistant professor vacancies

Step 3- Click on Junior accountant and fill in details asked and save them.

Step 4 – submit the form of rpsc assistant professor exam and process for online fees payment

Step 5 – pay fees for assistant professor vacancies exam form

Note- take print out of Application form of assistant professor vacancies

Or alternatively you can also apply through an e-Mitra

Admit Card of RPSC assistant professor vacancy in rajasthan

Admit cards will be released very soon and well before exams and the admit cards will be available for download at official website of RPSC i.e www rpsc gov

Answer key of ABST assistant professor Rajasthan  

Rpsc will release the answer key for rpsc professor exam after the exam is over and before the release of result and cut off.

Result of RPSC Assistant professor ABST

To be declared after 2-3 months of exam

Cut off of RPSC Assistant professor

It will be released soon after exams are held on official website of RPSC , we will intimate about dates as soon as it is available

Books & Notes for all subjects of Junior Accountant Exam

On this portal you will get complete course for Assistant professor ABST or assistant professor commerce best books and short notes and MCQ and mock tests are available on oneexam , you can checkout these contents as these are all prepared by India’s Top Faculties including CA , university professor and Toppers of Last exam . Hundreds of students have trusted over our specially designed material for this exam.

Coaching for RPSC Junior Accountant

At OneExam.in we have the best course designed in such a way that you can get maximum marks in your commerce part. Watch our free demo videos over YouTube and then trust .we assure you that Nothing better then this you have ever seen for each and every single concepts and topics we have best contents with short Notes and revision charts .

Follow us for latest news of assistant professor exam and RPSC assistant professor notifications

The detailed syllabus is as under university assistant professor exam or RPSC ABST assistant professor exam –

The syllabus of RPSC Assistant professor ABST Recruitment (rpsc assistant professor) will be as under –

Paper 1 (150 questions) (each 0.5 marks)

A-        Financial Accounting

Introduction, meaning of Book-Keeping, Accounting and Accountancy, Distinction between Book-Keeping and Accounting, Accounting Process, Objectives of Accounting, Various users of Accounting information, Limitations of Accounting, Accounting Terminologies, Accounting Concepts, Principles and Conventions. Accounting Standards (Indian Accounting Standards), International Financial Reporting Standards (IFRS), Recording of Transactions Secondary Books, Trial Balance and Rectification of Errors, Final Accounts with adjustment entries, Closing entries, Financial Statements. Bank Reconciliation Statement, Bills of Exchange, Partnership Accounts- Admission of a Partner, Retirement of

Partner, Death of a Partner, Piecemeal Distribution of Cash and Amalgamation of firms, Depreciation Accounting, Price Level Changes Accounting, Hire Purchase and Instalment Payment Methods, Voyage Accounts, Accounting from Incomplete Records, Accounting Methods for Non-Profit making organisations.

B –        Corporate Accounting

Introduction to Company Accounts, Kinds of Companies, Formation of Companies, Share Capital, Issue of Shares, Under Subscription and Over Subscription, Issue of shares at premium and discount, Buy-back of shares and Treasury stock, Accounting treatment and Ledger Preparation, Issue of Bonus and Right shares, Consolidation and split of shares, Redemption of Preference shares and Issue and Redemption of debentures, Preparation of final accounts with calculation of Managerial Remuneration, Disposal of Company profits and Distribution of Dividend, Accounts of Banking and Insurance Companies, Valuation of Goodwill, Valuation of shares, Amalgamation of Companies, Internal and External Reconstruction of companies (including scheme of Reconstruction) Accounts of Holding and subsidiary companies Liquidation of a Company, Double Account system (Accounting for public utilities companies Problems of merger and acquisition.

Accounting for agricultural forms, Government Accounting, corporate social Accounting Accounts of Solicitors, Accounts of Hospitals. Forensic Accounting, Accounting for tour and travel agencies, Basic financial and Accounting System for MFIS.

C –        Cost Accounting

Concept of Cost and Cost Control, Cost Accounting methods (Job costing, Batch costing, Contract costing or Terminal costing, process costing including inter process profit, Single output or unit costing, Operating costing Operation costing, Multiple or composite costing, Departmental costing and uniform costing), Non-Integrated and Integrated cost Accounting system. Marginal Costing and Break-Even Analysis, Decisions based on Marginal Costing techniques, Budgetary Control and Preparation of various types of Budgets, Standard Costing and Ascertainment of Material, Labour, Overhead and Sales Variances, Activity Based Costing. Transfer Pricing, Life Cycle Costing, Strategic Cost and Performance Evaluation, Mechanic Accounting and E.D.P, Productivity Accounting and Implication of Computers for Cost Control and Cost reduction, Programmes and Planning, Employee’s Participation in cost reduction programmes.

D – Management Accounting

Objectives and Scope of Management Accounting, Ratio Analysis, Preparation of Fund Flow Statement and Cash Flow Statement. Capital Structure- Theories and Decisions, Cost of Capital, Working Capital Management, Capital Budgeting and Expenditure Decisions, Dividend Decisions, Balance Score Card, Measurement and Performance – ROI, MVA, EVA and Risk Analysis.

Value added Accounting, Human Resource Accounting, Responsibility Accounting, Operating and Financial leverages, Trading on Equity, Lease Financing, Inventory management.

Note:- Pattern of Question Paper

Objective type paper

Maximum Marks : 75

Number of Questions : 150

Duration of Paper : Three Hours

All questions carry equal marks.

Medium of Competitive Exam : Bilingual in English & Hindi

There will be Negative Marking.

PAPER – II

A. Taxation:

Direct Tax

Income Tax Law and Rules with reference to assessment of Individuals, HUF, Firm, AOP and Companies, Assessment Procedure and types of Assessment, Advance payment of tax, Tax deduction at source, Refund of tax, Double taxation, Tax Avoidance and Tax Evasion. Introductory part of Tax Planning with special reference to salaried employees and individuals. Minimum Alternate Tax Net.

Indirect Tax

Custom duty – Role of custom in International Trade, Important Terms and definitions under the custom Act, 1962, Assessable value , Baggage, Bill of entry Dutiable goods, Duty Exporter, Foreign going Vessel, Aircraft goods, Import Manifest, Importer, prohibited goods, Shipping Bill, Stores, Bill of lading, Export manifest, Letter of credit, Kind of Duties, Prohibition of Export and Import of Goods and Provisions regarding notified and specified goods, Import of Goods- Free import and Restricted import, Types of Import- Import of cargo, Import of personal Baggage, Import of stores, Tax Liability and Valuation of goods, computation of custom duty. Appeals and revisions.

CGST/SGST

Important terms and definitions under Central Goods and Service Tax Act 2017 and State and Service Tax Act 2017. Basics of GST. Meaning and scope of Supply, Levy and collection of Tax. Time and value of supply of goods and/or Services, Input Tax Credit, Transitional Provisions, Registration under CGST/SGST Act. Filing of Returns and Assessment, Payment of Tax including payment of tax on reverse charge basis, Refund under the Act. Maintenance of Accounts and Records, Composition Scheme, Job work and its Procedure, Various Exemptions Under GST. Demand and recovery under GST. Miscellaneous provisions. IGST-Scope of IGST, important terms and definitions for determining the place of supply and place of supply of goods and services, Zero rated supply.

B. Auditing:

Meaning, Objectives and Types of Audit. Internal Control, Vouching and Verification of Assets and Liabilities. Assurance and Audit standards, Audit Programme, Working Papers, Documentation, Audit Reports Audit of Companies Appointment, Removal, Rights, Duties and Liabilities of Auditor. Audit of Banks, Insurance Companies, Charitable Trust and Educational Institutions, Management Audit, Efficiency Audit, Cost Audit, EDP Audit, Environmental Audit, Social Audit, Performance Audit, Tax Audit and Audit of Accounting Information System.

C. Business Statistics and Operation Research:

Introduction, Definition and Functions of Statistics, Measures of Central Tendency, Dispersion, Skewness, Moments, Kurtosis, Sheppard’s Correction and Conditions for applying it, Index Numbers, Analysis of Time Series, Interapolation and Extrapolation, Vital Statistics, Correlation and Regression Analysis, Multiple Regression, Association of Attributes, Statistical Decision Theory, Sampling, Test of Hypothesis, Sampling and Non-Sampling errors, Sampling distributions and Standard Error, Sampling Methods, Large and Small Sample Analysis, Sampling of Attributes and Variables, Test of Significance. Z-Test, T-Test, F-Test, Theoretical Frequency Distributions, Probability, Analysis of Variance and Design of Experiments. Linear Programming, Network Analysis-PERT and CPM, Game Theory, Replacement Theory. Statistical Quality control Discriminant Analysis.

Note:- Pattern of Question Paper

Objective type paper

Maximum Marks : 75

Number of Questions : 150

Duration of Paper : Three Hours

All questions carry equal marks.

Medium of Competitive Exam : Bilingual in English & Hindi

There will be Negative Marking

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