Study Plan for CA IPCC May 2015 | Prepare IPCC in 3 months

CA IPCC exams of May 2015 are coming closer. So we have sufficient time for exam preparation. ICAI already announced that CA IPCC November 2014 results will be declared on 31st January 2015. So our preparation time table should be started from 1st Feb 2015. Here we have almost 3 months for preparation.  If you follow given study plan for CA IPCC, damn sure you can get 60 + marks in each and every paper.

suggested study plan for CA IPCC - May 2014

Suggested study plan for CA IPCC – May 2015

Here I’m giving study plan for 2 and half months. We can definitely complete our preparation in 2 ½ months very easily. In this 2 ½ months preparation you have to do 3 times of revision for CA IPCC exams. The study plan for CA IPCC exams preparation is as below.
Also see :

Preparing For Examinations

1. A student is required to prepare thoroughly for examinations well in advance and to devote at least two hours daily for studies while undergoing Articled Training.
2. During leave period at least 14 to 16 hours’ hard work is required.
3. Avoid mobiles, internet and television as far as possible.
4. Students must study from study material and do practice from practice manual. Wherever a particular topic or point is not clear, a student may refer to a standard text/reference book.
5. Students should refer suggested answers of questions set in last five/six examinations and Revision Test Papers. It is strongly recommended to solve the questions first without referring to solutions and then comparing the answers with the solutions given. Such an approach would help in knowing point of mistake and presentation pattern of an answer.
6. In law papers, Section and its provision is to be given correctly. If a student is not sure about the Section number then he should not quote the same.
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How to utilize time during leave period

Get up early in the morning at 4 AM. Be ready by 5 AM. This period (4.00 AM to 6.00 AM) is called ‘Brahma Muratand studies done during this period cannot be forgotten i.e. they remain in memory for long.
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5 AM. To 7.00 AM

Read Theory

7 AM. to 7.30 AM.
Breakfast Time
7.30 AM to 10.30 AM
Read theory – mind is always fresh in the morning
10.30 AM to 11.00 AM
Relaxation Time
11.00 AM to 1 PM.
Do/solve practical problems.
1 PM to 2 PM
Lunch Time
2 PM to 3 PM
May take short sleep
3 PM to 5 PM
Do/solve practical problems.
5 PM to 5.30 PM
Have a break.
5.30 PM to 8 PM
Read theory.
8 PM to 9 PM
Dinner Time
9 PM to 10 PM
May go for outing – watch T.V
10 PM to 12 PM
Do/solve practical problems
12 PM to 4 AM
Have sleep
*   Reading Time *     Eating Time  *     Relaxation Time

 
Study Plan for CA IPCC

1st Revision

No. of days = 45 days
Daily preparation hours = ( 12+1 ) = 13 hrs.
Subject
Daily preparation time for each paper
Total hrs.
Refer previous day’s revision
(in early morning )
½ hr x 45 days
22.30 hrs.
Accounting
2 hr x 45 days
90 hrs.
Business law, Ethics and communication
2 hr x 45 days
90 hrs.
Cost Accounting and FM
2 hr x 45 days
90 hrs.
Taxation
3 hr x 45 days
135 hrs.
Advanced Accounting
1 hr x 45 days
45 hrs.
Auditing
1 hr x 45 days
45 hrs.
SM & IT
1 hr x 45 days
45 hrs.
Once again refer that full day’s revision
(Before going to bed )
½  hr x 45 days
22.30 hrs.
Total
13 hrs. x 45 days
585 hrs.
You have to complete your 1st revision in first 45 days and also you have to complete full Syllabus of CA IPCC in your study material.
Here study material means your own class notes/tutorials own material or any preferred publishers publication. Even you can prepare both CA IPCC study material and practice manual of ICAI.

2nd Revision

No. of days = 15 days
Daily preparation hours = ( 12+1 ) = 13 hrs.
Subject
Daily preparation time for each paper
Total hrs.
Refer previous day’s revision
(in early morning )
½ hr x 15 days
7.30 hrs.
Accounting
2 hr x 15 days
30 hrs.
Business law, Ethics and communication
2 hr x 15 days
30 hrs.
Cost Accounting and FM
2 hr x 15 days
30 hrs.
Taxation
3 hr x 15 days
45 hrs.
Advanced Accounting
1 hr x 15 days
15 hrs.
Auditing
1 hr x 15 days
15 hrs.
SM & IT
1 hr x 15 days
15 hrs.
Once again refer that full day’s revision
(Before going to bed )
½  hr x 15 days
7.30 hrs.
Total
13 hrs. x 15 days
195 hrs.
You have to complete your 2nd revision in next 15 days and once again you have to complete full revision of your study material which is you prepared in 1st revision. But this time you should prepare both CA IPCC study material and practice manual of ICAI.
Note : preparation of ICAI’s study material and practice manual is must and should. So you should do this in 2nd revision.

3rd Revision

No. of days = 15 days
In this 3rd revision there is no particular time table. Just concentrate on your weak areas of subjects. Once again revise all subjects which were you completed in last 2 months(1st and 2nd revisions). This time also prepare previous years papers, mock test papers, RTP’s and other model papers which are you have.
Here also i’m giving CA IPCC previous year question papers with answers, Suggested answers, RTP’s and other model test papers.

That’s it guys…! All the Best..!

Please inform any grammar mistakes may incurred which are not intentionally and we love to know your opinions on this article so please comment at comment box.

 

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Category: CA, Exam Tips, IPCC/PCC, May/June 2015

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  1. Gomathi says:

    I studied ur article so many times.. I get an nice idea from this.. Thank u so much………..

  2. Bhavishya says:

    Your study plan is perfect for those who got study leave for the exam. How about those who doesnt get study leave ? What plan you will give for them ?Even though u get plan but their articles period wont allow them to study because of high pressure and work load. Planning is simple when things are in our hands. But planning during when the things are highly tragedy is the best plan.

  3. Herry says:

    Thank You Bhai….Nice work out.

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