• CA Foundation Accountancy Study Plan For May & Nov 2021 Attempt By Mr. Shailesh Periwal
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CA Foundation Accountancy Study Plan For May & Nov 2021 Attempt By Mr. Shailesh Periwal

By Shailesh Periwal more
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Course Fees : ₹14,000.00
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Product Specifications

Publisher Live Tutor All CA Foundation books by Live Tutor
Author: Shailesh Periwal
Subject Accountancy
No of Classes 40 Days
Available
Available in all digital devices
Message for the students: "Do not compare yourself and your achievements with others. They are working in their time zone and you are working in yours. Always try to be a better version of yourself. Passion, Perseverance and Commitment towards your dreams will help you achieve them."
 
About Me: I started my professional journey in August 2007 when I appeared for CA Foundation exams. After clearing the exam, I started my articleship training with a reputed CA firm in Kolkata. Along with articleship, I was pursuing B.Com (Hons.) and tutions for CA PCC exams. My day started at 6 in the morning with attending tutions followed by articleship training and then back home, did some revision, if any energy was left and the day ended. This routine continued till I cleared PCC in the first attempt. I was elated. The hard work, the struggles, the miss outs of family functions, social gatherings and hanging out with friends, but in the end, it was all worth it. It was a huge respite. Took a break for few days and was again back to grind with CA Final preparations, college and articleship training. Exams were knocking on the door and so were the festivals (Durga Puja & Diwali). It was difficult to concentrate when the entire town is celebrating and I had to sit with books all day long. The only thing that kept me motivated was, it would all be worth it in the end. The exam came and went by. Papers went well. The result day has arrived. And I was on the edge of my seat and my brother calls out, "Bhai clear hogaya". What a sigh of relief. What a moment. A dream came true. The Perseverance, Passion and Commitment paid off in the end. Tears rolled down my eyes. I was exhilarated and so were my family members. It was time to celebrate. By the age of 22, I was a Chartered Accountant.
 
I got my first job with a Big 4. I moved of my home town to a new city. Worked there for a year and again went back to studies. It was a tough decision to take, but I quit my job and started preparing for MBA entrance exams. I wanted to do an MBA. I scored well in XAT and got an opportunity to study at one of the premier B-School in India,  Institute of Management Technology, Ghaziabad. During my MBA tenure, I undertook sessions of financial reporting and corporate finance for my peers and juniors in IMT. I also undertook guest lectures for 2nd year MBA students at Institute of Management, Christ University, Bangalore.
 
I have 6 years of work experience in the areas of Investment Banking, Financial Planning and Analysis. I am currently working with a Corporate based out of Bangalore and have also been teaching simultaneously out of my interest for the same.
 
Detail Timing :
Mon, Wed, Fri, Sat - 12:00 PM - 01:30 PM
Starts On      - 20 Feb 2021
22 Feb 2021 - 27 Feb 2021
01 Mar 2021 - 06 Mar 2021
08 Mar 2021 - 13 Mar 2021
15 Mar 2021 - 20 Mar 2021
22 Mar 2021 - 27 Mar 2021
29 Mar 2021 - 03 Apr 2021
05 Apr 2021 - 10 Apr 2021
12 Apr 2021 - 17 Apr 2021
19 Apr 2021 - 24 Apr 2021
26 Apr 2021 - 30 Apr 2021
 
Topic Which Covered During Sessions :
 
Sections  Weightage  Content Area (Reference material - ICAI material - available for download from ICAI website)  No. of classes (approx.)
I  5%-10%  1. Theoretical Framework  2 - 3
(i) Meaning and Scope of accounting
(ii) Accounting Concepts, Principles and Conventions
(iii) Accounting terminology - Glossary
(iv) Capital and revenue expenditure, Capital and revenue receipts, Contingent assets and contingent liabilities
(v) Accounting Policies
(vi) Accounting as a Measurement Discipline - Valuation Principles, Accounting Estimates
(vii) Accounting Standards- Concepts and Objectives
(viii) Indian Accounting Standards- Concepts and Objectives
II  25%-30%  2. Accounting Process  7 - 10
(i) Books of Accounts
(ii) Preparation of Trial Balance
(iii) Rectification of errors
3. Bank Reconciliation Statement
Introduction, reasons, preparation of bank reconciliation statement
4. Inventories
Cost of inventory, Net realizable value, Basis and technique of inventory valuation and record keeping
5. Concept and Accounting of Depreciation
Concepts, Methods of computation and accounting treatment of depreciation, Change in depreciation methods
III  15%-20%  6. Accounting for Special Transactions  7 - 10
(i) Bills of exchange and promissory notes
Meaning of Bills of Exchange and Promissory Notes and their Accounting Treatment; Accommodation bills
(ii) Sale of goods on approval or return basis
Meaning of goods sent on approval or return basis and accounting treatment
(iii) Consignments
Meaning and Features of consignment business, Difference between sale and consignment, Accounting treatments for consignment transactions and events in the books of consignor and consignee
(iv) Average Due Date
Meaning, Calculation of average due date in various situations
(v) Account Current
Meaning of Account Current, Methods of preparing Account Current
IV  30%-40%  7. Final Accounts of Sole Proprietors  12 - 15
Elements of Financial Statements, Closing adjustment entries, Trading account, Profit and Loss account and Balance sheet of Manufacturing and Non-manufacturing entities
8. Partnership Accounts
(i) Final accounts of Partnership Firms
(ii) Admission, Retirement and Death of a Partner including Treatment of goodwill
(iii) Introduction to LLPs and distinction of LLPs from Partnership
9. Financial Statements of Not-for-Profit Organisations
Significance of Receipt and Payment Account, Income and Expenditure Account and Balance Sheet, Difference between Profit and Loss and Income and Expenditure Account; Preparation of Receipts and Payments Accounts, Income and Expenditure Account and Balance Sheet of Not-for-profit-Organizations
V  10%-15%  10. Introduction to Company Accounts  5 - 7
(i) Definition of shares and debentures
(ii) Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares
(iii) Statement of Profit and Loss and Balance Sheet as per Schedule Ill to the Companies Act, 2013