CA Inter Group 2 (NEW) Video Lectures

Tips to Prepare For Group 2 Papers for CA Intermediate

CA Indeed is a challenging and difficult course. Do not take a chance at any level by taking it lightly. Check out the CA Inter Group 2 (NEW) Course in detail along with the subject breakdown. 

Subjects covered by the second group and how to study them

  • Advanced Accounting (100 Marks)

Please start with the accounting principles as they are straightforward to use and very relevant compared to other subjects. They can occupy about 20 marks of paper at the intermediate level. It is easiest to take the AS above – 7, 9, 20, and 26.

The reorganization of companies of 8-16 marks in the paper is always a question, either for amalgamation or internal reconstruction. Not only Group 2 but Group 1 also cover amalgamation. And there’s a strong probability of internal reconstruction – two advanced accounting papers – that if there’s an issue of “accounting” paper Group1 with amalgamation containing 16 labels. CA Inter Group 2 (NEW) Video Lectures can help you with all your queries.

The Buy-Back, Underwriting, or ESOP must contain at least one question, with eight marks or a couple of questions each having four points, and are typically easy to plan. The higher risk is that Buy Back is open.

Companies On average, accounts contain 30 to 35 marks, and practice will make it perfect. Debentures issue and reimbursement are significant and useful.

For Business Company accounts such as NPA, the P&L feature rate covers some 5-8 points.

  • Auditing and Assurance (100 Marks)

Some students are too afraid to write the book language in the audit report. However, this detail is entirely misleading. The language you use in your paper is first imprisoned by the interviewer so that you have to control over the English or Hindi language. You can use your language, but you should not have to substitute those keywords in your answer. For instance, the correct opinion should not replace an accurate and fair view.

The audit criteria are available to start with as they cover paper of 15-20 marks. You’re simple and you should bear in mind the names of norms. SA 230, SA 330, SA 450, SA 505, SA 520, SA 610, SA 710 are significant SA’s.

The auditing of businesses should be at the top of the list. This is a short chapter to read, retain, and rate. In your paper, it occupies an average of 30 marks.

  • Enterprise Information System and Strategic Management (100 Marks)

The flowchart and decision table are the most straightforward subject in enterprise information systems. The paper typically includes an issue of 8 marks. The question is often posed by the research material or the practice manual in the review paper from the ICAI material.

The students typically face lack of review, so they are blank even though they study a lot and revise every day.

Many students perceive this to be a complete subject, but no, this is not true. Before understanding, you must grasp the Para, or it will no longer hold your mind.

Don’t stick to one topic all day long. If you don’t get this subject, continue and mark it so you can get your teachers’ support.

  • Economics and financial management (100 Marks)

Start with the basic chapter theory and formulas to answer the questions quickly. Try to grasp the formulation because it remains in your mind for a more extended period.

You can start with the essential subject, the cash flow and the fund flow. A query can be found from either the cash flow or the fund flow. You can Buy Online CA Inter Courses and make yourself a better version of yours.

Then take a short chapter to establish confidence, that is to say. Leverage is a chapter based on formulas, but if your definitions are straightforward, you have understood them instead of studying them; it’s the easiest and shortest chapter.

The sum for the payback period, the POI, the ARR, the NPV and the IRR should be prepared carefully and in the form of capital budgeting till then. Every method is essential, but it is much more critical to prepare NPV and IRR among all subjects.

Once again, select a short chapter Ratios, a chapter based on the formulas, read the formulas and begin addressing questions.

FAQs

Q1. For how long is the registration valid for CA Intermediate?

Ans. Your CA Intermediate registration is only valid for four years, and you will obtain eight checks. You must pay a fee of Rs. 400 to renovate the registration after these quarter years.

Q2. When are the results of the CA Inter reported?

Ans. After two months from the final date of the test, CA intermediate results are announced.

Q3. What are the examination dates for the CA Inter?

Ans. The CA Inter exams were cancelled and took place in November & December. ICAI has not published the new dates.

Types of Roles one gets after Chartered Accountant Course & Pay Scale:

  • Auditor: Auditors are professionals who are required to examine the finances of the companies in order to check their accounts. Most of the companies prefer to appoint internal auditors.

    Pay Scale: The initial salary is around 3.5 Lakhs – 4 Lakhs and can go up to 14 – 15 Lakhs annually. 
  • Accounts Clerk: An accounts clerk is a professional who has the responsibility to record a specific type of financial transactions. The primary focus of the accounts clerk is on the following:
    – Billing
    – Payroll
    – Accounts receivable
    – Accounts payable 

Pay Scale: The initial salary is around 1.5 Lakhs – 2 Lakhs and can go up to 5 -6 Lakhs per annum and senior level.

  • Business services accountant: The core responsibility of a business service accountant to provide tax and business services. The other duties include:

    – Generating financial statements
    – Preparation of the tax returns
    – Guidance on the financial strategies
    – keeping track of the depreciating assets

Pay Scale: The initial salary is around 1.5 Lakhs – 2 Lakhs and can go up to 5 -6 Lakhs per annum and senior level.

  • Chief Financial Officer: A CFO is a senior level professional who is responsible for the financial success of the company.

    Pay Scale: The initial salary is around 1.5 Lakhs – 2 Lakhs and can go up to 5 -6 Lakhs per annum and senior level.
  • Cost Accountants: The core responsibility of the cost accountant is to analyze the cost of materials, products and processes. These professionals have the responsibility to advise the management about the effective options to streamline the cost.

    Pay Scale: The initial salary is around 1.5 Lakhs – 2 Lakhs and can go up to 5 -6 Lakhs per annum and senior level.
  • Financial Controller: The primary responsibility of the financial controller is to work along with the management teams and play a role in overall running of the business.

    Pay Scale: The initial salary is around 2 Lakhs – 2.5 Lakhs and can go up to 6 Lakhs per annum and senior level

Top Recruiting firms for Chartered Accountant:

  • Indian Oil
  • KPMG
  • EY
  • Deloitte
  • PwC
  • SS Kothari Mehta & Co.
  • Bhatia and Bhatia chartered accountants 
  • Sri Guru Kripa
  • Real-time Taxsutra services
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