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Dear Aspirates! Greetings from FWI. The one and only approved learning partner of ACCA in calicut. ICAI scheduled 2017 December attempt on 17 December 2017 which means you have very less time left to make yourself perfectly ready for the examination.This time the competition is going to be tough and with the time left, you must throw yourself into full-on active mode. This one month is very intense and might be hectic and stressful because you have so many things to cover. But your IPCC seniors say this one month changed their life stream forever. Let’s quickly find out what mantras can make you their successor in CA CPT examination. Mantra#1 Having the grit to excel “Grit is the Stubborn refusal to quit” Grit is the combination of passion and perseverance that defines high achievers. Success requires being deeply interested in what you are doing. You need to have the grit to excel in the exam and to keep your dream alive by working for it.”Yes, I want to become a Chartered accountant and I will really work hard for it from now on wards.” If you think like this and apply in your real life, only then continue reading the following mantras. If you have the grit to excel then you can easily clear the CA CPT exam in one month. Mantra#2 Know all about CA CPT exam “Know it before you do it” The first step for starting the preparation for CA CPT exam is know all about the CA CPT exam pattern and CA CPT syllabus. CA CPT exam is a test of four subjects i.e Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. The test is of total 200 marks. The test is divided into two sessions of two hours each. CA CPT exam is an objective type test with negative marking. Candidate required minimum 30% marks in each individual subjects and 50% in aggregate for passing the exam. Knowing all about the exam will help you to set the goal for preparing the exam in one month. Mantra#3 Have a Smart Study Plan “A Goal without a Plan is Just a Wish” I am a firm believer that you do not need to study long hours for preparing the CA CPT exam. It does not matter how many hours you study, at the end of the preparation what matters is how much you have understood and grasped from what you study. Therefore, always focus on the quality of the study, not on the quantity of study. I normally studied for 5-6 hours without leaving the single day, says Archit Agarwal student who secured 195 marks in CPT June 2017 exam. The CA CPT exam preparation routine required a lot of self Discipline and a smart time management skills. There is no other shortcut to score the good marks in the CA CPT examination. Schedule your every day of on month according to your goal or syllabus to complete the preparation in one month. Mantra#4 Do More and More Practice “Practice creates Confidence, Confidence Empowers You” More you spent time on practicing, more efficient you will have on the examination day. Take the example of Virat Kohli he has made a habit of practicing daily and the more he practices, more efficient he becomes on the ground. How much efforts you put prior to the examination that much efficient you will become on the examination day. Therefore, a serious aspirant who want to score good marks in CA CPT examination required to put in hours and hours of hard work in practicing the subject. Your practice should be focused and appropriate to your syllabus. You should regularly practice subjects through the mock test. Taking online mock test papers is also very effective and popular among students. The mock test helps me to identify my weakness and strengths in the subjects. The mock test also gave me the idea of the actual paper pattern and types of questions I can accept in the main examination, says Archit Agarwal student who secured 195 marks in CPT June 2017 exam. Mantra#5 Keep Yourself Cool “Keep Calm and Stay Cool” Don’t panic, if you feel stress during exam preparation because it’s natural. During stressed negative thoughts about your preparation coming in your mind. These type of negative thinking would not help you for preparing the exam. There would be always a temptation in our mind which is in favor of giving up the journey, as you progress in the preparation. This is mainly because of the huge pressure of the examination. So always aware that these moments are very crucial for our preparation. You have to develop the courage to face these pressures and temptations. Always be cool minded, and don’t be anxious about your upcoming one-month preparation process. If you maintain focus towards studies and do not be worry about exam preparation then you can easily get the good marks in CA CPT exam in one month. Follow above the success mantras and the success is in your hands
ACCA Training Institute In Calicut, Kerala, India First Word International is a new age, Interdisciplinary institute promoted by a group of professionals having vast industry experience in India and abroad offering a portfolio of professional programs in Finance and Management including Chartered Accounting(CA), ... Cost and Management Accountant(CMA), Association of Chartered certified Accountants (ACCA)UK , Certificate in International Financial Reporting(Cert. IFR)UK and Corporate and entrepreneurial Training as Advanced Diploma in Corporate Financial Management as well as Various Student Empowerment Programs ensuring the right blend of academic rigor and business focus of the industry. Through the industry oriented highly demanding new generation courses, we are offering quality exposure to the enchanting world of the new generation corporate world. Apart from mere education, we are molding professionals to face the challenges in the much competitive future world. The whole idea is to facilitate learning through initiating, exploring and experimenting in a conducive environment. The sincere efforts of our Management Team, in creating a congenial academic environment, conducive to learning on the strength of most modern infrastructural facilities provided by the management and a highly motivated and competent team of faculty constantly endeavoring to mould world-class professionals of the future. We aim at enabling the students to learn about the group behavior, teamwork, group effort and increasing the self-confidence level of the students to a next level and enabling them to approach the studies in a smart way than the conventional hard working approach to the studies. We aim at molding a group of people who can lead the future generation from the front. FWI Management, staff, faculties and students work as a family in order to achieve this goal and hopes that the group synergy can make wonders in the modern era of corporate and technological innovations
First Word International, FWI-The finance School, is the one and only approved learning partner partner(Gold) providing ACCA(Association of Chartered Certified Accountants) classes in calicut. FWI is the best learning provider fro ACCA training. FWI is situated at the heart of calicut city in Arya Vaidya Sala Building, near railway station, Kallai road, Calicut. FWI is well known for its quality education provided by the well qualified faculty panel. At FWI the fees for ACCA is only Rs 2.6 Lakhs including all fees. There are no extra or hidden fees in this. This include ACCA one time Registration Fees , 3 Years Annual Subscription Fees, 14 paper One time Exam Fees And 14 Paper Coaching fees. ACCA introduced ISDCDirect Scheme in india in 2016. Under this scheme, ACCA has selected one Approved learning partner in each city based on the quality of education provided with an objective of making ACCA Studies affordable and accessible to all. Under this Scheme Best ACCA coaching is provided with all support from ACCA with Best Learning materials, at an affordable fees. Under the scheme FWI is the exclusive learning partner providing ACCA at a discounted rate for limited number of seats. The admission for ACCA under the scheme is open from 2nd April 2018. The number of seats is limited to 170 for academic year 2018-19. The fees inclusive of GST under ISDCDIrect Scheme including all ACCA Fees and Coaching Fees is only 2.7 Lakh.
First Word International, FWI-The finance School, is the one and only approved learning partner partner(Gold) providing ACCA(Association of Chartered Certified Accountants) classes in calicut. FWI is the best learning provider fro ACCA training. FWI is situated at the heart of calicut city in Arya Vaidya Sala Building, near railway station, Kallai road, Calicut. FWI is well known for its quality education provided by the well qualified faculty panel. At FWI the fees for ACCA is only Rs 2.6 Lakhs including all fees. There are no extra or hidden fees in this. This include ACCA one time Registration Fees , 3 Years Annual Subscription Fees, 14 paper One time Exam Fees And 14 Paper Coaching fees. ACCA introduced ISDCDirect Scheme in india in 2016. Under this scheme, ACCA has selected one Approved learning partner in each city based on the quality of education provided with an objective of making ACCA Studies affordable and accessible to all. Under this Scheme Best ACCA coaching is provided with all support from ACCA with Best Learning materials, at an affordable fees. Under the scheme FWI is the exclusive learning partner providing ACCA at a discounted rate for limited number of seats. The admission for ACCA under the scheme is open from 2nd April 2018. The number of seats is limited to 170 for academic year 2018-19. The fees inclusive of GST under ISDCDIrect Scheme including all ACCA Fees and Coaching Fees is only 2.7 Lakh.
First Word International, FWI-The finance School, is the one and only approved learning partner partner(Gold) providing ACCA(Association of Chartered Certified Accountants) classes in calicut. FWI is the best learning provider fro ACCA training. FWI is situated at the heart of calicut city in Arya Vaidya Sala Building, near railway station, Kallai road, Calicut. FWI is well known for its quality education provided by the well qualified faculty panel. At FWI the fees for ACCA is only Rs 2.6 Lakhs including all fees. There are no extra or hidden fees in this. This include ACCA one time Registration Fees , 3 Years Annual Subscription Fees, 14 paper One time Exam Fees And 14 Paper Coaching fees. ACCA introduced ISDCDirect Scheme in india in 2016. Under this scheme, ACCA has selected one Approved learning partner in each city based on the quality of education provided with an objective of making ACCA Studies affordable and accessible to all. Under this Scheme Best ACCA coaching is provided with all support from ACCA with Best Learning materials, at an affordable fees. Under the scheme FWI is the exclusive learning partner providing ACCA at a discounted rate for limited number of seats. The admission for ACCA under the scheme is open from 2nd April 2018. The number of seats is limited to 170 for academic year 2018-19. The fees inclusive of GST under ISDCDIrect Scheme including all ACCA Fees and Coaching Fees is only 2.7 Lakh.
Top 10 reasons to study for the ACCA Qualification 1. Comprehensive Comprehensively covers the technical and management skills accountants are expected to master. Refined for 2007, the ACCA Qualification will help achieve the range of competences required in a finance team. The ACCA syllabus is a comprehensive program in financial management skills. The ACCA Qualification takes the candidate to advanced levels in a variety of subjects such as: * Management * Decision Making * Financial Reporting * Financial Strategies The ACCA Qualification is not just theory – the exams are practical case studies. 2. Effective in finding business solutions Organisations benefit from having accountancy professionals who understand the financial needs of business and who can evaluate and present effective business solutions. The qualification equips finance professionals with knowledge and skills which are diverse yet dynamic – the curriculum includes tax, audit and business law as well as the core accountancy subjects. 3. Measure of competence The ACCA combines the benefits of traditional accounting skills with a wide ranging and forward looking syllabus, which recognises that finance professionals are increasingly required to demonstrate strategic thinking, excellent communication skills, people skills and fluency with information technology. 4. Flexible The ACCA Qualification has flexible entry requirements, and offers flexible study options, enabling studies to be planned around business needs. 5. Practical Experience One of the requirements of the ACCA program is practical experience, because the ACCA realises that employers require an increased focus on an individuals workplace performance. 6. Based on International standards The Qualification is based on international accounting and auditing standards and is IFAC compliant 7. Truly Global The ACCA is the only truly global accountancy qualification with members in 170 countries. A global program that tracks the needs of industry and employers. 8. Recognition worldwide The ACCA has achieved strong recognition worldwide by building relationships with influential organisations including: * local and multinational companies * accounting bodies * educational institutions * governments * entities such as the United Nations and the World Bank. 9. Cost-effective A cost effective and efficient way to increase knowledge and professionalism. Candidates not only gain specialist knowledge in finance and accounting, but also acquire valuable skills in organizational management and strategy. It therefore increases the career prospects of the employee and reduces the training costs of the employer. ACCA - Worlds Leading Professional Chartered accounting body. • Recognized in 181+ countries • 8500+ Approved Employers Around the globe • 98 Global Accounting Partnership • 2 Lakhs+ Members • 486000+ Students in 178 Countries 10. Professional status Globally, employers and business partners understand and respect the qualification. ACCA members are in demand for their finance and accounting knowledge and skills worldwide. The ACCA qualification is a passport to a new world of opportunity – once you become a member, the learning process continues throughout your career. The range of educational opportunities includes a degree qualification, a specifically tailored MBA and a constantly updated range of courses in all areas of finance and management. Why First Word International - FWI? • World Class Infrastructure • ACCA Trained Faculties • Oxford Brookes (BSc Hons) RAP Mentoring facility • Fees Exclusively @ 2.6 Lakhs only (₹2, 60, 000.00) Including ACCA Registration Fees, 3 year Annual Subscription Fees, Admission Fees, 13 Paper One Time exam Fee, 13 paper Coaching Fee, E-Materials, and GST ISDC Direct is a Learning center network in collaboration with ACCA for India to attain ACCA Qualification upon Uniform norms, Quality, Standards and ut-most affordable cost. First World International is one and only Approved Learning Partner Of ACCA in Calicut. Awarded Gold Status in recognition of the quality of learning provision and support for ACCA Students. So why wait…Join the ACCA family and gear up to lead the Corporate World. Contact : +91 833 08 12121 / +91 9633099760 FWI The Finance School 6th floor, Arya Vaidya Sala Building Kallai Road, Calicut.
What is Cost and Accountant Management ( CMA ) Course???? The CMA foundation exam is conducted across the country every year in June and December to those who have completed 10+2. The Syllabus and Examination Pattern of CMA ################################## Paper I (100 marks): Fundamentals of economics (50 marks) and management (50 marks) Paper II (100 marks): Fundamental of financial accounting (60 marks) and fundamentals of cost and financial management (40 marks) Paper III (100 marks): Fundamentals of commercial laws (70 marks), fundamentals of industrial laws (20 marks), and fundamentals of ethics (10 marks). Paper IV (100 marks): Fundamentals of business mathematics (40 marks), fundamentals of business statistics (60 marks). All these papers are conducted for a total of 400 marks. All papers with the questions in objective model are conducted on the same day. In this exam one need to get at least 50% (200 marks) or more than that. Only those shall be declared as passed out in the foundation exam. CMA-Intermediate ############## Those who have done CMA foundation course / degree completed /CAIPCC completed are all eligible to write the CMA intermediate examination after one year of registration for the CMA intermediate. In the CMA Intermediate total 8 papers are divided into two groups. Papers in group I : Financial accounting, laws, ethics and governance, direct taxation, cost accounting and financial management. Papers in group II: Operations management and information system, cost management accountancy, indirect taxation, company accounts and audit. In the above every paper carries 100 marks. According to the comfort of the candidates they can either write the two groups means 8 papers at a time or else choose to write one group and the other one after 6 months. In every paper one should get at least 40 marks for the 100 marks and also in the same way an average of 50 percent marks on the total papers have to be achieved. In case if one writes both the groups at the same time then they should get average 50 percent marks on both the groups (400 marks) shall only be considered as qualified in the CMA intermediate. CMA Final ######## CMA final is conducted as two groups Group 3 and Group 4. If 2 years article ship has been completed then both the groups can be written at the same time. In the final group 3 there are papers on corporate laws and complaints, advanced financial management, business strategy and strategy cost management, tax management and practice. In the group 4 final paper there are topics like strategic performance management, corporate financial reporting, cost and management audit, financial analysis and business valuation. In these entire 8 papers one should get 50% marks without less than 40 marks in any of the papers being conducted for 100 marks. The CMA final can also be completed according to the candidate’s comfort either writing all the 8 papers at a time or writing one paper and the other paper after 6 months time. Those who have completed CMA final should also complete the computer training offered by the institute to be considered as the qualified cost accountant. Examinations for all the stages in CMA course are conducted in the months of June and December every year which means two times in a year. So for any stage in the CMA course to write the exam in June then the fees should be paid before April 10 and for writing in December fee has to be paid before October 10th. ################################################### FWI - THE FINANCE SCHOOL CALICUT CMA | ACCA FOR ENQUIRY : 8330812121 ################################################### #CMA #CMA_FOUNDATION #CMA_INTERMEDIATE #CMA_FINAL #COST_ACCOUNTANT #CMA_INSTITUTES_CALICUT #SCOPE_OF_CMA_INDIA
Cost AccountinG A bright career ############## A CMA is a person who offers to perform services involving the costing, pricing of goods and services or carries out the preparation, verification or certification of cost accounting and related statements. The role and importance of cost accountants has increased manifold on account of growing competition in the corporate sector. Their job broadly stating essentially comprises of closely analysing costs and devising ways to reduce it as far as possible. Role of CMAs ############## l Corporate Decision Making l Resource Management l Performance Management l Financial Reporting & Strategy l Optimization of Stakeholder’s value l Risk Management l Enterprise Governance l Audit assurance and Taxation l Sustainable Development l Corporate Social Responsibility Cost Accountants in Education: ####################### According to the University Grants Commission’s regulations of 2010, the minimum qualification for appointment of Assistant Professor, Professor and Principal/Director/ Head of the Institution in universities and colleges in the area of Management/ Business Administration. includes first class graduate and professionally qualified Cost Accountant among other qualifications and subject to other requirements including qualifying NET/SLET/SET as the minimum eligibility condition for recruitment and appointment of Assistant Professors. Hence, a qualified Cost Accountant is also entitled to a teaching career. apart from being involved in pricing issues.. ################################################## FWI - THE FINANCE SCHOOL , CALICUT CMA | ACCA FOR ENQUIRY :8330812121 ################################################## #CMA #CMA_OPPORTUNITIES #COST_ACCOUNTANT #CMA_INDIA #CMA_TOP_INSTITUTES_KERALA #CMA_SCOPE_IN_INDIA #CMA_INDIA_COACHING_CALICUT #COST_MANAGEMENT_ACCOUNTANT #COST_ACCOUNTANTS_IN_EDUCATION
CMA - THE BRAIN BEHIND THE BUSINESS ################################# What is cost and management accounting? Accounting is a business language. We can use this language to communicate financial transactions and their results. Cost accounting and management accounting are two important terms in accounting that are used to control and formulate the organization policies. Both are used for different purposes with different styles. Cost accounting ############ Cost accounting deals with the calculation and assessment of costs and expenses to purchase or produce something. It relates to calculation per unit cost using different costing techniques. Its primary purpose is to facilitate managers in decision making. The main activities of cost accounting are: 1) Budgeting: In cost accounting, various budgets are prepared, showing cost, revenue, profit, production capacity and efficiency of plant and machinery, as well as the efficiency of workers. The budget is planned in a scientific and systematic way that is often unique to the company, as reports are not bound to the principles of Generally Accepted Accounting Principles (GAAP). 2)Classify and break down costs for external reporting and internal profit measurement. Since costs are calculated on a detailed level, identifying profitable and unprofitable items or activities becomes easy. 3) Information on costs and activities may be used as a basis to estimate future costs in preparing and reviewing budget estimates 4)Determine the fees or prices for goods and services: in tough market conditions or in slump periods, costing helps to determine the selling price of the product at the optimum level to be competitive. Management accounting ################## Management accounting relates to the provision of appropriate information for decision-making, planning, cost control and performance evaluation. Management accounting turns data into information, knowledge, and wisdom about a business entity’s operations. This is one step further than cost accounting. Management accounting works to know the reasons of profit or loss and studies the factors which influence efficiency to assist in decision making. Therefore, cause and effect is an important feature of management accounting. Conclusion ######## In short, cost accounting supports management accounting and in turn management accounting pushes cost accounting further according to the needs of the management. ################################################## FWI - THE FINANCE SCHOOL CMA | ACCA ADMISSION CONTINUES FOR THE UPCOMING BATCHES........ FOR ENQUIRY CONTACT : 8330812121 ################################################## #CMA #COST_ACCOUNTING #MANAGEMENT_ACCOUNTING #CMA_TOP_INSTITUTES_IN CALICUT #CMA_LOW_COST_KERALA #CMA_COPE_IN_INDIA #CMA_COACHING #CMA_JOB_OPPORTUNITIES
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