Hi Friends how was today's FR paper ?
Ridham
(article)
(356 Points)
Replied 02 May 2016
Arjun M K
(Student)
(181 Points)
Replied 02 May 2016
It was wonderful paper for anyone who has prepared atleast the basics. Nice paper.
2 Ind AS questions came.
Most of the questions were simple and easy.
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.
Arjun M K
(Student)
(181 Points)
Replied 02 May 2016
Just FMP needs to be computed.
PAT
Add back - Tax 40%
Less: Subsidy (Non recurring)
Less: Interest last installment
Less: Increase in managerial remuneration
Add: Loss on sale of FA (non-cash)
Less: Tax 45%
Face value and Market value - Irrelevant
V Arun
(student)
(53 Points)
Replied 02 May 2016
other then the compulsory questions rest was good .... cfs was the easiest question ! m.fund question was a treat ...