IIBF Prize Winners Awarding Ceremony for FY 2018-19 @ 92nd AGM

On 23rd August 2019, at the 92nd AGM, IIBF gave prizes for the top performers of different exams of IIBF in 2018-19.

• At 3:30pm they called to reach the IIBF, Maker Towers.
• First, they took signs and gave a gift(has TouchLampPortableSpeaker CL-671) as a token of gesture, and a seat no. part of seating arrangement(in the order of prize distribution)
• Next a simple video feedback
• At 4:00pm they started 92nd AGM, CEO JN Mishra(IIBF) and Kannan (IBA) read some papers and some fellow members said proposed, seconded..etc
• At 4:40pm they started distributing prizes by calling their names, Bank name,  subject for which prize being awarded along with marks she got.
• They took photos for each prize (I got luckily two prizes, so two times they announced)
• At the end of the prize-awarding, they took one group photo with prize winners
• Later High Tea: Potato fries, Veg sandwich, sweat, samosa,  Coffee, Tea, and Cashews.
• While enjoying(thinking) sunset at marine lines got msg saying Rs.7000/- credited by NEFT/IIBF. (After publishing winners list on IIBF site, they will send an email saying to fill a form by confirming NEFT details with canceled cheque copy)
•  I got 2nd highest Marks for first two papers of CAIIB, so they gave Two awards each for one paper of CAIIB, which have(luckily) 8 prizes amounting Rs.7000/-

                            Group Photo with some of Prize winners who attended function

                                                                 Me Taking Prize 

Certified Accounting and Audit Professional Exam Experience & Tips

CAAP,(Certified Accounting & Audit Professional), conducted by IIBF can be cleared by just reading two IIBF prescribed books, with 100% certainty & confidence.

Exam:

• We need to have the patience to write the exam because 80% of questions have long options. We have to read all of them carefully.
• They give four statements and ask us to correct the wrong one or correct right ones.
• If we read the books,  particularly the objectives provided at the end of each chapter, we can easily pass the test with at least 50.
• The simple calculator may be useful only for depreciation calculations, which we can solve manually.
• Questions like
• Depreciation calculations(5 questions).
• Agriculture credit NPA norms and IRAC classifications, on which date it may be classified as different assets (5 questions)
• KCC (5 questions)
• Credit cards NPA norms(1 question)
• Cash && bank book adjustments (5 questions)
• Priority sector lending (1)
• Schedules of BS & PL
• Business Risk & Control Risk matrix
• RBIA, Internal Audit
• Ind AS12
• Jilani
• Many questions are of the same model as the questions at the end of chapters on books.

Tips

• Go through all chapters at least
• Headings
• Tables
• Definitions
• Summary
• chapter-end objectives
• Numbered points
• Before one day of the exam, revise all the above ones.
• Take your own time, to read all lengthy options. If we read patiently all the choices, we can easily figure out the wrong/correct ones.
•  But reading the two books gives us enough understanding of Accounting & Auditing in Bank, and we can pass them very easily. 
• Above all the exam is just to have a basic understanding of A&A, We have to work in the accounting department of the bank to understand & implement our A&A skills. Even if we don't work in the accounting department, having some idea about A&A gives some edge to us over overall banking.
• Read Syllabus of exam and Contents 1 & 2 of books two-three times, 
• Have notes regarding some important no's differences, ratings.. will be useful for revision.

As a Banker at IIBF along Andhra Bank

All IIBF certificates got:
All IIBF certificates Marks got:
IIBF certificates Marks Memo got: