Enjoy the little things
14706 Points
Joined August 2012
Dear Students,
Observations on yesterdays FR paper
1. From Ind AS 16 marks ( All questions practical)
2. From AS and guidance note 18 marks ( All practical)
3. Applied AS
(a) derived from AS 21 on Minority Interest 5 marks
(b) EPS based on valuation 5 marks covered in valuation question
3. Questions on valuation 20 marks
4. Holding 16 marks
5. Amalgamations 16 marks
6. Value Added, SBP, HRA, EVA and Mutual fund cover balance marks including schedule III.
Important points to note
1. Some teachers and authors are saying that only differences and Carve will be asked.
2. Even from financial Instruments all question are new and based on on new Ind AS and not on old AS.
3. Out of four questions from Ind AS 3 are covered in Amendment material issued by ICAI.
All the best