CA IPCC Important Questions May/November
CA IPCC Important Questions March 2021:- CA (Chartered Accountant) is the most demanded and valuable professional course in a Day. Most of the students are choosing the CA for their bright future. IPCC (Integrated Proficiency Common Course) has been conducting the CA final exam yearly two times. IPCC is the intermediate level of the CA. here we are providing the CA IPCC Important Questions and Syllabus for the year 2021.
Here we provide the CA IPCC Important Questions Nov 2021 as per the ICAI Syllabus, the students who pass out the CA CPT they only eligible for the CA IPCC Exam. The CA CPT is the Entry level Exam for the CA. only a few members pass the CA CPT. after CA CPT the students will go to the CA IPCC. The CA IPCC contains Group 1 & Group 2. The students who pass the IPCC both Groups 1&2 the students only eligible for the CA Final.
CA IPCC Important Questions May 2021
So we are providing the total information and Details of the CA IPCC 2021. For the help of CA IPCC Students, we provide the Old syllabus and New Syllabus along with the Important Questions. CA IPCC Important Question May 2021, for both Group 1 and Group 2. The important topics we provide here are prepared based on statistical analysis.
TOPIC | WEIGHTAGE |
AS 10(Theory) | 5 Marks |
AS 9: Revenue Recognition | 5 Marks |
Partnership Accounts | 16 Marks |
Cash Flow Statement | 4 Marks |
Investment Accounts | 8 Marks |
Average Due Date | 4 Marks |
Hire Purchase | 4 Marks |
AS2: Valuation of Inventories | 4 Marks |
IPCC Law Important Topics May 2021
TOPIC | WEIGHTAGE |
Name Clause of MOA | 6 Marks |
One Person Company | 6 Marks |
Holding Subsidiary Companies | 5 Marks |
Alteration of Articles | 6 Marks |
Misstatement in Prospectus | 6 Marks |
Acceptance of Deposits | 8 Marks |
Debentures | 6 Marks |
The issue of Bonus Shares | 8 Marks |
Private Placement of Shares | 6 Marks |
Alteration of Share Capital | 5 Marks |
Debenture PariPassu Clause | 5 Marks |
Register of Members | 4 Marks |
Tribunal Powers for Meeting | 4 Marks |
Minutes Book | 4 Marks |
TOPICS | WEIGHTAGE |
Sources of Ethics Standards | 5 Marks |
Benefits of Business Ethics | 4 Marks |
7Social Sins | 4 Marks |
Corporate Governance Measures | 5 Marks |
Caux Round Table | 4 Marks |
CSR Policies | 4 Marks |
Harassment at the Workplace | 4 Marks |
Guidelines for Managing Ethics at Workplace | 4 Marks |
Factors Influencing Ethical Behavior at Work | 5 Marks |
Green Accounting | 4 Marks |
Eco-Friendly Business Practices | 5 Marks |
Parameters of Competition Law | 5 Marks |
Ethical Conflict Resolution by Finance Professional | 4 Marks |
Threats to Finance Professional | 5 Marks |
Fundamental Principles relating to Ethics | 5 Marks |
IPCC Costing FM Important Topics May 2021
The trick to scoring good marks in costing and Financial Management papers is that you need to practice as many as problems on the book, Experts and Toppers have specifically stated that Practice Manual is the best book to prepare Costing and FM.
Costing FM Important PM Questions
These are Selected Questions for Revision from Practice Manual. The Page Numbers provided below are based on the May 2021 Edition.
TOPIC | WEIGHTAGE |
Overheads | 8Marks |
Marginal Costing | 8Marks |
Contract Costing | 8Marks |
Materials | 5Marks |
Labour Theory | 4Marks |
Investment Decisions | 8Marks |
Financial Risk | 8Marks |
Rations | 5Marks |
Funds Flow | 8Marks |
IPCC Tax Important Topics May 2021
Tax is a very trick in the entire first group of IPCC. It is also one of the most time-consuming paper during exam preparation. From this year May 2021 GST will replace the Indirect Taxes
IPCC Auditing Important Topics May 2021
SA 230 | Auditing Documentation |
SA 330 | Auditors Response to Risks |
SA 450 | Evaluation of Misstatements |
SA 505 | External Confirmations |
SA 520 | Analytical Procedures |
SA 610 | Using Internal Auditors Works |
SA 710 | Comparative Information |
Students Should understand that it is not recommended to skip topics and read only a few important ones. Try to cover the entire syllabus and that’s what ICAI experts from you and even question papers are based on that.
For once who has already completed one revision. Below, I have provided a list of Practice Manual Questions from the first five chapters, that one should read twice. These are not the questions that are going to come in the exam, rather the ones which are generally ignored and might be tested sometimes.
Chapter 1
Q3 – Conditions that Increase Risk of fraud
Q5 – SA 560
Q9(A) – M/s Fortune
10(b) –Short Note on Going Concerned (4M)
Q12 – Audit Vs Investigation
Q19(d) – Corresponding Figures
20(b) – Self Revealing Errors
Q22(a) and Q22 (c)
Q23 (C)- Professional Skepticism
Q24 –Defalcation of Cash with Examples
Chapter 2
Q3(iii) –Principle Audit Evidences
Q4 –Advantages of Audit Working Papers
Q11 – Accounting Estimations SA 540
Q14 – External Confirmation Useful
Q21 – Sufficient Appropriate
Q23 – Inquiry Audit Evidence.
Chapter 3: Preparation for an Audit
Q3(a) – Audit Note Book
Q6 – Medical Council of India
Q13 – Branch Auditor Photocopy
Q14 – Surprise Check
Q 20 –AAS Ltd, Health Zone
Q26 (a) & (b) – PQR Ltd
Q29(a) – Stratified Sampling
Q31 – New Engagement Letter
Q33 – Surprise Checks
Chapter 4: Internal Control
Q2 – Examination in Depth
Q8 – Audit Trail
Q9 – Service Bureau
Q 12- Independence of Internal Auditor
Q17 – Statutory Vs Internal Auditor
Q21 – ICQ Vs ICE
Chapter 5: Vouching
Q1 (b) –Borrowings From Banks
Q3(c)& (d) – Capital Subsidy, Tax
Q6(b) – Trademarks
Q 18 – Premium Insurance Car
Q19 – All Four
Q22 (a) – Sale of Investments
Q27 (a)- Advertisement
Q28(a) Insurance Claim
Q31(a) – Production Incentive
Q32 – XYZ Ltd
Q40 – a to e
Q45 – Janta Ltd
IPCC Information Technology Important Topics May 2021
Chapter | Topic | Marks |
1 | Business Process Re-Engineering | 5 Marks |
1 | Organizational Vs Operational Processes | 4 Marks |
1 | Business Process Automation | 5 Marks
|
2 | Risks of IT | 4 Marks |
2 | RISC Vs CISC | 5 Marks |
2 | Relational Vs Network Database Model | 4 Marks |
2 | Functions of an Operating System | 5 Marks
|
3 | LAN Vs WAN | 4 Marks |
3 | Star Vs Ring Networks | 4 Marks |
3 | N-Tier Architecture | 5 Marks |
3 | OSI Model | 6 Marks |
3 | Network Vulnerability | 4 Marks |
3 | Firewall and its Techniques | 5 Marks |
3 | Five Rules of Extranet | 4 Marks |
3 | Benefits and Risks of E-Commerce | 5 Marks |
4 | Office Automation Systems | 4 Marks |
4 | Management Information Systems | 5 Marks |
4 | Customer Relationship Management | 4 Marks |
4 | Expert Systems | 4 Marks |
5 | Types of Business Applications | 4 Marks |
5 | BPA Controls | 5 Marks |
5 | Grid Computing | 4 Marks |
IPCC Strategic Management Important Topics May 2021
While preparing for Strategic Management Syllabus, Students are advised to learn the practical aspect of the syllabus. THE entire SM Question paper will be based on practical examples.
The first 2 chapters of SM contain only theory questions. From the 3rd chapter, the entire syllabus has practical importance and all questions are example-based. Out of all the syllabus, chapters 4 and 6 are very important
For Strategic Management, Practice Manual is recommended for exam preparation as most of the questions are directly asked from this book only.
Chapter | Topics | Marks |
1 | Macro Environment | 4 Marks |
1 | Ethnic Mix | 4 Marks |
1 | Porter 5 Forces Model | 5 Marks |
1 | Globalization | 5 Marks |
2 | Corporate Strategy | 4 Marks |
2 | Strategic Management Framework | 5 Marks |
2 | Features of Strategic Decision Making | 4 Marks |
2 | SWOP Analysis | 4 Marks |
3 | Triggers of Change | 5 Marks |
3 | Situational Analysis | 5 Marks |
3 | ADL Matrix | 5 Marks |
4 | Portfolio Analysis | 4 Marks |
4 | Cost Leadership Vs Differentiation Strategies | 5 Marks |
4 | Divestment Strategy | 4 Marks |
5 | Turnaround Strategy | 5 Marks |
5 | Marketing Mix | 5 Marks |
5 | Production Strategy Formulation | 5 Marks |
6 | R&D Strategy | 4 Marks |
6 | Issues in Structure and Core Competence | 5 Marks |
6 | Value Chain and Linkages | 5 Marks |
6 | Leadership Role in Strategy Implementation | 4 Marks |
7 | Total Quality Management | 5 Marks |
7 | DMSIC Vs DMADV | 5 Marks |
7 | TQM Guidelines | 4 Marks |
5 comments
Thanks
Its only for may attempt…can you plz suggest important questions for nov 2018 ipcc new syallabus..it will be quite helpful
I want important for advance accounts
You can search on our website for Important Questions of Advanced Accounts
Advanced accounts important question plz