Some questions were difficult and some were very easy..formatting totally changed..found some news questions too..
Aishwarya
(Chartered Accountant)
(95 Points)
Replied 02 May 2016
Some questions were difficult and some were very easy..formatting totally changed..found some news questions too..
AakashKapadia
(Chartered Accountant )
(123 Points)
Replied 02 May 2016
Valuation of business question is quite simple as you just have to find out Ke or NRR from PE ratio of the company .
Rest info is given already about FMP calculation.
you have to capitalise the FMP with NRR
shubham surana
(Student CA Final )
(33 Points)
Replied 02 May 2016
Gentlemen can we get the answers too for accounts
CA Abhishek Goyal
(Chartered Accountant)
(516 Points)
Replied 02 May 2016
Dear friends,
Do not waste your time in commenting how was the paper.. Do study for the next paper of SFM. You can do that after completing your examinations.
Anuj Sharma
(Business Development Payment Department)
(231 Points)
Replied 02 May 2016
AS to puchtey hi nahi ha pata nahi kaha se paper set krtey ha...
AakashKapadia
(Chartered Accountant )
(123 Points)
Replied 02 May 2016
Very true Abhishek.
Kindly concentrate on SFM and focus properly.
you anyway can't change what you have written in paper !
courageous Aries
( )
(263 Points)
Replied 02 May 2016
q 5b concept of AS-31. It was a simple question. Plus if ur sfm concepts are clear u cld have calculated provision easily. Privision are created for losses.
4 c an old question have appeared in previously.
valuation question
FMP* PE ratio = Value of business.
alternatively assume dividend per share to be 12; calculate NRR(dividend/MP) and den capitalise FMP
Atharva Joshi
(pursuing)
(119 Points)
Replied 03 May 2016
I dont know from what you are coming at...that was an obvious mistake by the icai....you never make a provision for option...Option is never an asset/liability...you always have a MTM..because your settlement is never dependent on your premium...itz just the way of seeing whether you are in profit or loss
Manideep
(hyderabad)
(2 Points)
Replied 03 May 2016
Hai friends ,
I am Qualified chartered accountant
Except option premium question and rest all qns are practice manual, mock, rtp is what i came to know from my younger brother Jagadeesh Athukuri.
/forum/discuss-and-download-q-paper-ca-final-may-2016-358034.asp
Manideep
(hyderabad)
(2 Points)
Replied 03 May 2016
Hai friends ,
I am Qualified chartered accountant
Except option premium question and rest all qns are practice manual, mock, rtp is what i came to know from my younger brother Jagadeesh Athukuri.
/forum/discuss-and-download-q-paper-ca-final-may-2016-358034.asp
ACA Anurag
(Enjoy the little things)
(14706 Points)
Replied 03 May 2016
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
ACA Anurag
(Enjoy the little things)
(14706 Points)
Replied 03 May 2016
Dear Students,
we are attaching the details analysis of FR Paper .
CA Rishabh Lodha
(Chartered Accountant - Business Analyst)
(537 Points)
Replied 03 May 2016
Please have the habit of seeing new questions in a CA Final paper. instead, have your fundamentals clear..let questions be from anywhere!!!
MF, derivatives, housing loan calculations are not just SFM questions...open the study module and see the world of surprises!!