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How was today's financial reporting paper ?

ayesha (mcom) (1185 Points)

02 May 2017

How was today's paper ?

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11 Replies

Ajay (Student) (97 Points)
Replied 02 May 2017

easy

2 Like

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ritesh sharma (prop) (49 Points)
Replied 02 May 2017

easiest and lenghty

1 Like

pratik dubey (article) (132 Points)
Replied 02 May 2017

very very easy

1 Like

pratik dubey (article) (132 Points)
Replied 02 May 2017

very very easy paper

vaidyanath (Head F & A MFF Hazira) (138 Points)
Replied 02 May 2017

nothing came from what i read

2 Like

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Aakriti R (Working) (41 Points)
Replied 02 May 2017

Can you please share the name of the book from which you studied and found the paper easy? As I have heard the paper was full of Ind As , I dnt know whether that's true or not

3 Like

ritesh sharma (prop) (49 Points)
Replied 02 May 2017

paper are fully from practice manual manual covers around 80 marks

ritesh sharma (prop) (49 Points)
Replied 02 May 2017

80 marks from pm

ACA Anurag (Enjoy the little things) (14706 Points)
Replied 03 May 2017

Dear All,

Paper was so easy but only if u have studied IND AS . ICAI has already issued the notification for the applicability of IND AS in upcoming examination .

Total 52 Marks Question were asked from IND AS ( Holding question was also on the basis of IND AS)

Questions were asked from PM but u have to answer them according to IND AS

Study well and do well

All the best

May God Bless You

Prepedu (CA Practice ) (31 Points)
Replied 03 May 2017

Dear Students – Once again it is proved that those who makes the practice of study material and practice manual can get exemption. Any standard text book or tutorial notes of faculty is only a supplement and cannot substitute the concept and knowledge that student can acquire by strictly following ICAI material.

Attached File : 972764 20170503204852 fr may 2017 paper analysis.pdf downloaded: 170 times

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Abhishek Goel (C.A. Final Student) (193 Points)
Replied 03 May 2017

Well not just 80 marks. If we sum up module + PM around 112/120 marks paper was from these 2 books. Ofc except M&A which was more of Sfm based ques. And yes. All ind as answers asked by Icai were those where AS and Ind As gives same treatment. So it was supposed to be answered in same manner as what it would be under normal AS. Holding company question has a mistake. Bcoz replacing IND AS 28 in place of AS27 doesn't support the method mentioned in exam. SO THAT'S A BLUNDER BY PAPER SETTER. So that may or may not fall in grace marks kind of question.