The CA Intermediate Advanced Accounting paper holds significant importance in the journey of becoming a Chartered Accountant. It requires a strong foundation of knowledge and a thorough understanding of advanced accounting practices.
CA Intermediate Advanced Accounting Coaching Classes
To excel in the CA Intermediate Advanced Accounting examination, enrolling in coaching classes can prove to be a wise decision. These classes offer expert guidance, comprehensive study materials, and a structured approach to learning. Look for reputable coaching institutes renowned for their experienced faculty and result-oriented teaching methods.
CA Intermediate Advanced Accounting Syllabus
The syllabus for CA Intermediate Advanced Accounting consists of various topics that will enhance your understanding of complex accounting principles. It includes subjects like Corporate Accounting, Accounting Standards, Average Due Date, Investment Accounts, Insurance Claims for Loss of Stock and Loss of Profit, etc. Familiarize yourself with the syllabus to effectively plan your study schedule.
Marking Scheme & Exam Pattern of CA Inter Paper 5
Understanding the marking scheme and exam pattern is crucial for optimizing your performance in the CA Intermediate Advanced Accounting examination. The paper comprises two groups, each consisting of four separate sections. Each section carries a different weightage of marks. Pay attention
to the marks distribution and allocate your time accordingly during the exam.
– The CA Intermediate Advanced Accounting paper follows a 30:70 assessment pattern, with 30 marks allocated to multiple-choice questions (MCQ) and 70 marks allocated to subjective questions.
– The marking scheme for CA Intermediate Paper 5 is divided into two parts: Part I and Part II.
– Part I consists of MCQs and carries 30 marks, whereas Part II consists of descriptive questions and carries 70 marks.
– Part I must be completed on the OMR sheet, while Part II must be answered on the descriptive answer sheet.
– Part II comprises five questions, out of which Question No. 1 is compulsory, and candidates need to attempt any three questions.
– The exam duration for CA Intermediate Advanced Accounting is 3 hours, so time management is crucial.
– It is important to submit the answer sheets to the invigilator within the specified time.
– Candidates are advised to write their answers in the language they have chosen while filling out the CA Inter exam form.
CA Inter Advanced Accounting Chapter-wise Weightage
Knowing the weightage assigned to individual chapters can help you prioritize your preparation effectively. By focusing more on chapters with higher weightage, you can allocate your study time accordingly and maximize your chances of scoring well. Analyze the previous year’s papers to gain insights into chapter-wise weightage trends.
| Chapter | Topics | Weightage |
| Chapter 1 |
|
20%-26% |
| Chapters 2-3 |
|
33%-38% |
| Chapter 4 | Financial Reporting of Banking, Financial Services, and Insurance (BFSI) (Insurance Co, Banking Co, Non-Banking Co, Mutual Funds). | 12%-16% |
| Chapters 5-6 |
|
25%-30% |
CA Intermediate Advanced Accounting Tips and Tricks
– Prepare well for the Advanced Accounting exam to maintain a good aggregate score.
– Create a study plan for the entire syllabus of CA Intermediate Advanced Accounting and stick to the timetable.
– Adjust your study timings according to the different types of subjects, such as numerical-based papers and detailed-oriented papers.
– Take notes of each chapter to understand the content and organization of various topics and sub-topics.
– Engage in self-questioning while revising different topics to reinforce your understanding.
– Practice answering questions in the same detailed format as suggested in the ICAI prescribed Answer sheets.
The CA Intermediate Advanced Accounting paper requires dedicated effort and a systematic approach to achieving success. By enrolling in coaching classes, understanding the syllabus, practicing mock test papers, and following tips and tricks, you can streamline your preparation and boost your chances of performing well in the examination. Stay focused, persevere, and believe in your abilities to conquer this challenging subject on your path to becoming a Chartered Accountant.