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Clearing ICAI SPOM Costing Exam: My Strategy & Mistakes to Avoid
Hey everyone! Are you preparing for the ICAI SPOM Costing exam and looking for effective strategies to succeed? In this video, I'll share my personal approach to mastering SPOM Costing and highlight common mistakes you should steer clear of. Whether you're a beginner or aiming to improve your score, these insights will help you prepare efficiently and confidently.
Stay tuned as I discuss:
Effective study techniques that worked for me
For theory I used ‪@sankalpkanstiya‬ sir Magic book
Key topics to prioritize for exam readiness
Mistakes to avoid
By the end of this video, you'll have a clear roadmap to navigate your SPOM Costing exam preparation effectively. Don't forget to like, subscribe, and hit the bell icon
Important topics to focus (based on my experience) are :
1. Transfer pricing full chapter
2. Altman Z score
3. Cost of Quality : Internal failure, external failure , Preventive and Appraisal
4. ROCE, ROI and RI ( Do practice practical questions also given in study mat)
5. Standard costing
6. life cycle costing
7. Organization structure
8. All the new concepts added by ICAI
9.mckinsey rule
10. Pricing strategy
11.Disruptive business models - Ch.5
12.Performance reports
this list in not exhaustive. also do practice every single question and MCQ of study mat.
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