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How was ca final accounts paper today

Arshyan Alam (Article Assistant) (54 Points)

02 May 2016

I feel there was too many absurd qns in the paper. How many of u felt that

CA Final Financial Reporting Paper May 2016 - Download

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25 Replies

ABHISHEK GUPTA (CA FINAL) (28 Points)
Replied 02 May 2016

yes....n also lengthy

1 Like

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Pooja Bhilare (Student CA Final ) (22 Points)
Replied 02 May 2016

Yeah many questions were absurd.

debojit nath (became a good professional) (21 Points)
Replied 02 May 2016

I think it's not so tuff

mukesh (finance job) (113 Points)
Replied 02 May 2016

i think exam paper is average.

Rohit Tulshyan (RTProfessionals) (333 Points)
Replied 02 May 2016

paper was easy but too much ambuiguity..

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Arjun M K (Student) (181 Points)
Replied 02 May 2016

But the highlight was:

Phase I and II of the Building will be started as soon as they are completed. :D

2 Like

Taranjot (None) (43 Points)
Replied 02 May 2016

What will be answer of that question?

2 Like

Akash (CA Final (2nd Group Pending)) (876 Points)
Replied 02 May 2016

So many ambiguous and absurd questions. 1a) phase i and ii starts and completes what is that 1d Question of SFM 4c) haven't seen this question anywhere 5a) Value of Business ?? Question is Ambiguous or incomplete as in one line answer can come by market value 5b Another Question which is not available anywhere 6a) Question is Wrong. 1392 Value added is not possible unless closing and opening stock value are interchanged 6b) SFM Question

1 Like

Ishan Shah (-) (110 Points)
Replied 02 May 2016

	I	II	III	IV	Tota Cost	Interest Portion

Expenditure	10.00	30	25	30.00	95.00	12.90
	1.36	4	3	4.07

(A)	11.36	34.07	28.39	34.07

Capital	24.00	34	30	38.00	126.00	17.10
	3.26	5	4	5.16

(B)	27.26	38.62	34.07	43.16

(A+B)	38.62	72.69	62.47	77.23	221.00



Loan AMOUTN					200.00


Interest					30.00	PA


Total Cost	38.62	72.69	28.39	34.07
Capital			34.07	43.16

I am not sure about the answer which I have presented over here, but based on understaning and as discussed with other chartered accountats, came to above conclusion.

Thanks.

Regards,