Tuesday, February 10, 2009

what it takes! scoring basics

In a sprint or for that matter a marathon the winner is not way ahead of others. Differences are in seconds in a sprint and minutes in marathon. Similarly in optional incl commerce most of the serious candidates get atleast 80 or so correct . Nearly all have no clue about atleast 8-10 questions. So it is your ability to get most of the remaining 30 right that will set you up in contention for mains. Other way round it is those bit tricky ones which matter. All said tell me how to strike the right one for these 30. Well for start you should be updated with all latest developments in commerce and accounts. Say all latest accounting standards, latest amendments in company law, latest developments in capital market say P-Notes,escrow accounts,currency futures exchange set up,various types of mutual funds,options eg greenshoe, read annual report of atleast one listed company to know about disclosures made, do a bit of human resource accounting and inflation accounting, be one up on corporate social responsibility. These areas will take no more than a day or two to cover but will add gilt to your armour. Will update about the grey area and parahenlia coverage in coming days.