The following steps can make you to pass IPCC group 1 even if you prepare in last month.

Accounts

· Prepare small chapters like Profit or loss prior incorporation, average due date etc you definitely get 10 marks out of them.

· Accounting Standards form 20 – 30 marks of your question paper.

· Partnership and Amalgamation (Prepare any one of them if you cant prepare both).

Law

· Prepare Business Laws first as they are less in no. of pages to read.

· Go for Ethics if you complete with business laws.

· Next communications.

· And finally Company law (be well in basics of company law).

· Prepare costing first as fm questions are difficult to understand some times.

· Labour, overheads, materials 3 important topics of costing

· Easy chapter time value of money.

· Service tax 25 marks & vat 25 marks hardly 100 pages.

· Next go for basics of IT

· Next Income frm Salaries

· Income frm House property

· Next go directly to clubbing and carry forward of income.

· Set off and carry forward of losses

· Income from other sources

· Next deductions.