Cracking Theory Practically

Hi Guys!!!

How many of you find learning and retaining theory subjects like ISCA or ITSM difficult? Sorry I should change the question – How many of you find it easy? Not many. Well I hope after reading this blog you find it easy.

Many of you must be thinking that I am kidding. No I am not. I have come out with a simple formulae by which you can learn and retain theory. What is this simple formulae? It is what follows:

Well now you must be certain that success has taken its toll on my head- What has a chick flick to do with theory subject? No it has not I am still in senses. Ok no more riddles. Let’s talk serious.

What I wanted you guys to see was how a computer manages and retains such huge volume of data. It stores them systematically. Exactly this is the key. How can we follow the same? I will explain this to you.

Have you ever wondered why the topics contain numbering like 1.4 or 8.5.3 etc. Well it is the systematic numbering for ease of reference. The same can be useful for retaining as well.

I will practically tell you how it can be done with the help of an example. Let us see how we can systematically learn ISCA of CA final.

First of all learn the name of all the chapters. The benefit is that it gives us an overview of course. Moreover now we can see it as 8 parts.

Next, say for Chapter 1, Learn name of all subtopics ie., Topics numbered 1.1, 1.2, 1.3 and so on in study material. The benefit is that we know what first chapter covers and again we have more parts.

Now in Topic 1.1 again there are a few subtopics like 1.1.1, 1.1.2 and so on. Learn their names. See guys till now I have written only to learn names. We have not learned any concept as of now.

Once we are familiar with the structure ie we are in a position to repeat what are the topic and subtopics, then we can start learning the concepts. Complete learning of concepts for first chapter.

So when someone asks about Internal Controls as per COSO, you must go to it in your mind like:

Proceed in same manner for chapter 2 then and so on.

•          If you are studying from a book that doesn’t contain such numbering, you can yourself do the numbering and proceed.
•          Note that when you are studying the concept you are expected to understand the same rather than simply mug it up.
•          Further note that it is not the only way to learn a subject but one of the ways. If you are comfortable with some other method keep following.

Happy reading!!!