CA FINAL FINANCIAL REPORTING IMPORTANT TOPICS FOR MAY 2015


IMPORTANT TOPICS FOR CA FINAL MAY 2015  - FINANCIAL REPORTING




 Imp Ques As per latest PM
unit 4: ques 4, 9(Cross Holding) 10, 13(Very
Imp) 16, 17(imp) 20 (imp) 24,
unit 5: quest 1(very Imp) 6 , 12, 17, Unsolved
5Aqua Baqa(Very Imp) RTP
Unit 6: questn 3,4
Unit 7: question 1,2 graded Vesting
Unit 8
Q 2,3, 9(imp) Net Owned fund (very Imp)

For the important chapters for Financial Reporting for CA Final November 2014 examination, consider following in tips:
1) AS.
2) Miscellaneous chapters.
3) Consolidated a/c.
4) Amalgamation.
5) Valuation.

Please Note : Paper 1: Financial Reporting: Revised schedule VI is applicable as it is and supplement to it schedule III of companies act 2013 applicable. Main Difference between schedule VI and schedule III is in the area of consolidated statement. and Part II of schedule VI profit and loss statement.

a. AS in general are asked around 20 to 40 marks so must not ignore that. They are sometimes copied from modules and PM
b. You can refer any good reference book. Which I personally feel every CA should refer, as they are fundamental matters. WE CA s are recognized by AS. (I referred RAWAT SIR’s)

c. Refer past papers and find out patterns. If I point out many AS Like 15 16 20 22 30 31 32 are in category of FAQ (these are just e.g.)
d. Miscellaneous chapters are not at all misc in importance. They are asked of 16 to 24 marks and beauty is they are far easier and less complicated in nature. Must not ignore them. E.g. MAY 2014 AND NOV 2013 PAPER paper.
e. As for last 3 parts I am sure all of us do so much practice that sometimes we can even solve that entire sum without question in our sleep.

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