All Questions

Chartered Accountant

Follow
Showing 61 - 70 out of 928 Questions
71 Views

Chartered accountant question 2019

Sweta Suman Student Expert 10th Oct, 2019

HELLO,

HERE ARE SOME OF THE QUESTIONS ASKED IN THE CA INTERVIEW:

1. Why did you select accounting as your profession?

2) Do you have any professional experience in this field?


3) Did you use accounting applications at your previous companies or prefer working manually??

4) Can you name any other accounting application?

6) What is the abbreviation for the accounting terms debit and credit?


7) How many types of business transactions are there in accounting?


249 Views

can i start C.A coaching in class 11 itself??

Akshaya Pai 28th Nov, 2019

Hello

Since you are a 11th student and will be writing your 12th exams soon, I recommend you to concentrate on that . In case if you are very dedicated , studious and organized with things then you can take up coaching for CA foundation. As far as CA foundation is concerned you need not worry more about it. You will be having 8 subjects put into 4 papers out of which you will be studying some of them in your PU. But make sure you don't take CA foundation lightly as the consepts will not be as easy as it was in PU , after all it is a competitive exam so you can expect difficulty in the topic. Consistent hardwork and the right coaching classes will help you crack the exam .

All the best!

152 Views

Is any cut off for special categories students for CA foundation

Akshaya Pai 28th Nov, 2019

Hey

CA is one of the professional course which does not offer separate cut off for special categories students. After all the CA's play a important role in the economy of a country ,also called the financial reports of the state and hence they can't afford to do that. CA is regarded the most prestigious course in commerce stream which requires less investment compared to MBBS and engineering and high amount of hard work and dedication. It doesn't have the consept of limited seats & you can write the exam n number of times if you can't make it in the first go. A CA is a CA irrespective of the number of attempts he has given.

I hope this is useful.

93 Views

I am a newly qualified chartered accountant presently started working. My aim is to study mba in iim. Please tell me the procedure which I have to follow to make my journey for cat 2020 successful.

priyaankasarkar Student Expert 14th Oct, 2019

Dear Sai, IIMs look for Diversity factor in Academics. They have a special rating scale for Professional courses like MBBS,BDS, CA, etc. We shall help you with the admission process of IIM Ahmedabad just as an example to show how does the selection process work. There are 3 sections in CAT: QA, DILR, VRC. IIM A has released its 2019 cut off percentiles. Only those Candidates who have scored this percentiles will be shortlisted for further rounds. The cut offs are as follows:

VRC          DILR       QA       Overall

General                   70            70          70            80

OBC-Transgender 65            65          65            75

SC                           60             60           60           70

ST                           50             50           50          60

PWD                      60             60           60          70

PWD-ST                50             50            50          60

On an average IIMs need a cut off 90 percentile and more for admission to their colleges. You can check the complete selection process of IIM A at: https://www.iima.ac.in/web/pgp/apply/domestic/admission/selection-process

Now based on these cut offs top 5 percentile from each Category will be short listed for WAT and PI. So inorder to be able to score these cut offs, you need to know the exam pattern and marking scheme.  CAT exam paper can be Categorised into 3 parts:

Quantitative Ability

Verbal Ability and Reading Comprehension

Data Interpretation and Logical Reasoning

The Verbal Ability section and Reading Comprehension has 34 Questions, Data interpretation-Logical Reasoning section has 32 MCQ questions and Quantitative Ability has 34 MCQ questions totalling up to 100 questions. Each Question has 3 marks and a wrong answer takes away 1 mark.

NCERT books will sharpen your basics and you need strong basics for preparing for any entrance examination. Once your basics are in place, because the time period for preparation is quite less, your preparation should be extensive and thorough.

Quantitative Aptitude covers almost 30% of the CAT question paper. QA can be categorised into Arithmetic, Algebra, Geometry and Advanced Mathematics. Practise chapter by chapter and develop mental calculations. Like practise more of basic summation, subtraction, fractions and tables. Numbers, Percentage, Profit and Loss, Simple and Compound Interest, Ratio, Proportionality, Time-Distance, Time-Work, Mixtures, Averages, Partnership, Permutation and Combinations, Probability, Set Theory, Progression and Series, Line, Angles, Triangles, Quadrilaterals, Polygon, Circles, Ares, Volume, Height and Distance, Coordinate Geometry, Basic Trigonometry are few important topics.

Preparation tips:

Because this section involves mathematics and takes most of your time, your focus should be on solving the problems efficiently in the beginning. Even if it takes time, practise upto perfection. Practise as many questions as you can in the conventional way. As and when you get a grip on the subject, you can go for short cuts. Memorise tables, square roots, cube roots, conversion from percent to fraction, etc. Solve sample papers on Mathematics. In the beginning, do not worry about the time it takes. As you practise, you will get the hang of the subject and it will be easier for you.

In Verbal Ability session, command on your English, Grammar, Vocabulary, Understanding of the given paragraph are of more importance. Reading English NewsPaper will also help you in your preparation.

Preparation tips:

Read articles from time to time. Follow newspapers, magazines, and watch the news channels and browse the internet to keep yourself updated. You will need a lot of reading to help you in the comprehension section. You will need speed to help you in this section and you can achieve that only by thorough practise and reading. Take time to understand the question because most answers are interlinked.

Data Interpretation and Logical Reasoning needs to be practised as much as possible. Comparison of data, Data Analysis, taking clues, interpreting missing data, coming to conclusions and making future projections will be covered under this Category. The questions here are interlinked and so if you get one formula correct, cracking the next few questions will be easy. So it's important to memorise and practise formulae. You should cover topics like Data tables, Data Charts, Bar Diagrams, Pie Charts, Graphs, Data Comparison and Analysis.

Preparation tips:

As this is the most tricky section, this needs a lot of practise. Solve as many sample papers as possible to get the hang of the section. Make notes when required. Regular practise can help you understand and solve the questions easily as time goes on.

Overall,once you know the syllabus, it's easier from there on.Go through the previous papers to analyse and prepare a comprehensive plan and set priorities according to the importance of different topics across sections. Customise your own study plan based on your strengths and weaknesses. Gauge your preparation from time to time by taking mock tests. Solve questions to check your levels of preparation but not to set any targets. Remember, its ok to have cheat days and relax. But make sure you have a plan and stick to it for the next few months

We can recommend a few books for you:

NCERT books to cover the basics from 6th to 10th Class

Quantitative Aptitude for CAT by Nishit Saxena

Quantitative Aptitude Quantum for CAT by Sarvesh Sharma

How to prepare for Quantitative Aptitude for CAT by Arun Sharma

Quantitative Aptitude for Competitive Exams by Abhijit Guha



You can also download free downloadable e books at:

https://bschool.careers360.com/download/cat-ebooks

1576 Views

Best colleges for C.A courses in South India?

Akshaya Pai 29th Nov, 2019

Hello,

CA is a professional course offered by The Institution of Chartered Accountants of India. There are various coaching classes available all over Indian. In South Indian the best coaching classes are Gurukripa Classes in Chennai, CAPS and Christ University in Banglore, Trisha Classes and KVC in Manglore. All the coaching classes are equally good but I would suggest you to go for Gurukripa or CAPS.

I hope this is useful.

All the best !

467 Views

CA or MBA? Which is best option after Mechanical Engineering??

Aditi amrendra Student Expert 31st Aug, 2019
Hello,


I would say you should go for MBA, as it will be a simple 2 years course where you will learn everything in college under professors but if you will choose to go for CA then get ready for devoting atleast 15 hours in a day as everything will be new to you so you will have to give more and more time.CA exams are very tough and success rate in those exams is also less.
Be prepared to give time for at least 4 years.this is reality.Think wisely before choosing a career.

I hope this helps.
3090 Views

Is is worthy to do CA after Mechanical Engineering??

priyaankasarkar Student Expert 1st Sep, 2019
Dear Vinod, CA and Engineering are 2 different fields. They are like Apples and Oranges. But with your Bachelor's degree you can gain a direct entry to CA Intermediate skipping the Foundation Course. What you have studied and what you will study will be 2 different poles. To do CA after Mechanical Engineering is no small thing. Lot of dedication, hard work and will power has to go into this because there are lakhs of CA aspirants who appear for their exams every year and half of them fail in their pursuit. But if you ask if its worthy to study, yes it is. There is a dearth of CAs in India and hence higher demand. If you can crack the exams and become a CA, nothing better than that. What you need to analyse is the field that you want to practise once you complete your course. CAs work im various fields like Investment Banking, Retail Banking, Financial Sector, Taxation, Auditing, etc. So you need to think of the path you want to take once you complete this course.
95 Views

I completed b com I become a ca

Sourav singh 8th Nov, 2021

hello akash,

as per the question , for becoming CA after graduation you just have go the following steps,

1. The percentage required for CA after graduation is as follows:

A minimum of 55% for commerce graduates or postgraduates

A minimum of 60% for Arts/Humanities/Science graduates or postgraduates

The minimum duration to pursue CA after graduation is 3 years as you can directly take IPCC exams after 9 months from registering yourself after which you also need to complete 2.5-3 Years of Articleship to become a Chartered Accountant.

You can pursue CA after graduation by getting the CPT exemption if you have the specified percentage of marks required to get exempted from the CPT exam and then you can directly begin your articleship and further take the IPCC exams.

To get admission into CA after graduation 2021, graduates or postgraduate students in the Commerce stream require a minimum of 55% while graduates or postgraduate students from non-commerce stream need a minimum of 60% to be eligible to directly apply for CA Intermediate.

2. eligibility requirements you need to fulfil in order to apply for CA after graduation or completing XIIth grade:

Students must have secured at least 55% marks in their graduation/post-graduation if from a Commerce-related field. Those wanting to study CA after graduation need to have studied at least three commerce-related subjects such as Accounting, Auditing, Economics, Corporate Laws, Taxation, Costing amongst others.

On the other hand, if your graduation/post-graduation is from a non-commerce background, the minimum marks can climb up to 60%.

You need to clear the Company Secretary (CS) intermediate exams conducted by the Institute of Company Secretaries of India or the (CWA) intermediate exams conducted by the Institute of Cost Accountants of India.

hope this will help you a lot,

for more information please visit the below link

https://dqxeclau.top/

Hope this will help you a lot,

Thank you

300 Views

how to register for ca foundation mock test

harshitasharansrivastava Student Expert 27th Aug, 2019
Hello Aspirant,

Institute of chartered accountancy of india conduct mock for foundation, intermediate and final level ca exam before every attempt. The papers and solution for the same is posted on the icai website to which is made available to the students for download. However if you wish to appear for face to face mock you'll have to directly contact your nearest ICAI regional branch. You can download the mock schedule from the given link:- https://resource.cdn.icai.org/56364bos44670.pdf

All the best for your preparation
110 Views

I have just passed b.com & took the admission for DTL. So I want to do articleship. Under whom I should do articleship CA or tax consultant?

Sree Student Expert 23rd Aug, 2019

Hello aspirant!!

It is good to do articleship. It is preferred to do articleship under CA than under Tax Consultant. You can go with any of this options but most preferred and advised is to do articleship under CA. Choose a better one and improve your knowledge. So decide well and take right decision.

All the Best!!

The question have been saved in answer later, you can access it from your profile anytime. Access now

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books