How to Score 80+ in CA Inter Costing 

As a CA aspirant, scoring 80+ in CA Inter costing is the dream of many. CA inter costing is a typical subject that requires proper planning and the right approach to tackle the complexities. Students need to understand the structure of costing to plan it strategically. 

Yes, it is possible to score 80+ marks in costing, as every year a significant number of students achieve All India Ranks with the benefit of exemptions. In this guide, we will highlight all the important tips and techniques that help you achieve 80+ marks in CA Inter Costing. 

What is CA Inter Costing?

Costing is one of the crucial subjects at the intermediate level of CA that consists of both numbers and theory. It is one of the most scoring subjects of CA because the course structure deals with the logical application, mathematical calculations, concepts, and formulas. 

With a deep understanding of costing concepts, students can easily deal with cost management in daily life and business scenarios. Costing is one of the subjects that increases the overall percentage at the intermediate level due to the high weightage of practical questions and frequently repeated question patterns. 

If we talk about the chapters or topics of costing, it includes the following: 

Introduction of costing, material cost, employee cost, overheads, types of costing such as process costing, batch costing, job costing, service costing, standard costing, by-product costing, marginal costing, etc. 

Method of Scoring 80+ in CA Inter Costing 

The methodology that helps you to score 80+ in CA Inter costing includes the following points: 

1. Understand the Syllabus 

To score good marks in costing, you need to understand and analyze the syllabus because it plays an important role in the preparation. Based on the status, you can decide whether you are able to prepare by yourself or you need to enroll in any coaching. 

2. Follow the Right Study Material 

Follow the study material and resources available on the official website of CA, including the study material, practice manual, revision test papers, and mock test papers. 

On the other hand, if you are taking coaching from teachers like CA Ranjan Periwal, you can follow their curated notes and other study material.

3. Analyze the Exam Trend

Evaluate the exam trend by focusing on the past papers. Solve at least 5 to 6 years of past papers to analyze the exam pattern and repetitiveness of questions and topics. It impacts the overall performance positively by increasing grades. 

4. Focus on Conceptual Learning 

Costing is a kind of practical subject that requires conceptual understanding rather than rote memorization. Follow a proper format and maintain your notes, including formulas and tricky concepts. Understand the definitions and principles of the historical and current market trends and scenarios. 

5. Improve your Solving Skills 

To score 80+ in CA Inter costing, master the skills of solving practical questions. The weightage of practical questions is more in costing, and question solving is possible only through consistent practice.

6. Upgrade your Skills

Work on building mastery of different skills like time management, strategic analysis, and writing skills. Solve at least 15-20 questions daily from different chapters and try to write in a format that is expected and required for the exams. 
 

Try to solve question papers based on the exam timings, including a full-fledged 3-hour paper. Revise formulas and important topics daily, which upgrades your memorization skills.

7. Prepare Flashcards and Small Booklets

In costing, numerous formulas and concepts are available, which create confusion and tension at the last minute. For quick revision and better retention without referring to the bulky notes, prepare flashcards and small booklets with formulas, concepts, and tricky adjustments. 

8. Follow Smart Preparation Techniques 

Focus on chapter-wise revision based on the weightage of topics in exams. It includes the following:

• Marginal costing 

• Standard costing 

• Process costing 

• Job costing

• Contract costing 

• Budget and Budgetary Control

   

9. Follow a 3-Month Strategic Study Plan

Start preparing for the costing at least 3 months before, and the suggested timeline includes: 

• The first month for concept building is spent on reading the entire syllabus.

• The second month is for intensive practice with revision test papers and mock test papers. Complete at least three mock tests with two time revisions. 

• The third month is the time for final revision by solving real-time mock tests. Analyze your speed presentation skills and weak areas.

Who is the Best Faculty to Score 80+ in CA Inter Costing?

If you are an aspirant who is looking for coaching to prepare for CA Inter costing, register for the classes of CA Ranjan Periwal. He is one of the renowned faculty members in the industry for costing. 

He is known for his practical approach and innovative teaching methods for costing. He provides comprehensive study material, and the teaching method supports every student, whether a new student or an existing one. He works in a hierarchy from fundamental and advanced topics. The practice sessions and personalized feedback provide extra support to students, as they help them find their weak areas. 

You can register for his classes through their official website at reasonable prices. The other details include the following points:

• The classes are available in both online and offline formats. You can register based on your suitability for the location.

• You will get the systematic course content based on the ICAI guidelines. He hierarchically arranges chapters and topics after analysing past exam trends.

• The course duration for CA Inter costing is around 120 to 150 hours, which consists of comprehensive classes, practice sessions, and feedback classes. 

Important Points to Score 80+ in CA Inter Costing 

Every topper includes the following points in their preparation strategy:

• A proper timetable. 

• Strategic plan.

• Multiple revisions.

• ICAI study material.

• Self-prepared notes. 

• Analysis of past question papers to know the exam trend.

• Attempt exam condition mock tests.

• Follow the process of conceptual clarity rather than rote learning.

• Focus on consistency, because consistency is the key to success.

Conclusion

Yes, it is possible for every aspirant to score 80+ in CA Inter costing. Students who follow the right process and work with consistency can easily achieve anything in life. 
 

The process of scoring 80+ in costing includes the selection of the right coaching, like CA Ranjan Periwal, self-motivation, smart planning, conceptual clarity, multiple revision sessions, self-confidence, and a disciplined approach.