Question Paper Analysis and Feedback of Candidates on CA Final November 2019 Exams

CCI Team 
on 08 November 2019


Question Paper Analysis and Feedback of Candidates on CA Final November 2019 Exams:

 

1st November 2019 marked the beginning of the CA Final November 2019 attempt. After every exam we collected question papers of both old and new course and sent them for expert analysis. We have also curated feedback of candidates those who appeared in November 2019 Exams. In this article you will find subject wise question papers, expert analysis and students feedback for CA Final(Old and New) November 2019 Exam.

Date

CA Final New

CA Final Old

Expert Analysis

1/11/2019

Financial Reporting
Download

Financial Reporting
Download

CA Sumit Sarda, CA Rahul Malkan

3/11/2019

SFM
Download

SFM
Download

CA Rahul Malkan

5/11/2019

Advanced Auditing and Professional Ethics
Download

Advanced Auditing and Professional Ethics
Download

Will be updated soon

7/11/2019

Corporate and Economic Laws
Download

Corporate and Allied Laws
Download

Will be updated soon

9/11/2019

Strategic Cost Management and Performance Evaluation

POSTPONED

Advanced Management Accounting

POSTPONED

Will be updated soon

13/11/2019

Elective Paper

Download

Information Systems Control and Audit

Download

Will be updated soon

15/11/2019

Direct Tax Laws and International Taxation

Download

Direct Tax Laws

Download

Will be updated soon

17/11/2019

Indirect Tax Laws

Download

Indirect Tax Laws

Download

Will be updated soon

Paper 1- Financial Reporting (Old Course):
Paper Analysis by CA Sumit Sarda:

To give you a brief overview: the difficulty level of the question paper was moderate. It was neither very easy nor very difficult. However, all the questions that were asked in the exam were from ICAIs module. You can easily find all these questions in Study Material, Practice Manuals, RTPs or MTPs issued by the institute. This attempts paper was certainly easier than the one that was framed in the previous attempt i.e. May 2019.

Click Here to view the detailed analysis

Financial Reporting (New Course)
Paper Analysis by CA Rahul Malkan:

Chapter wise break-up of Marks:

1. IND AS 102 - Share based payment: 8 marks
2. IND AS 103 - Business combination: 16 marks
3. IND AS 105 - Non current Assets held for sale & discontinued operations: 10 marks
4. IND AS 113 - Fair Value measurement: 8 marks
5. IND AS 115 - Revenue from contract with customer: 12 marks
6. IND AS 10 - Events after reporting period: 8 marks
7. IND AS 16 - Property, Plant and Equipment: 8 marks
8. IND AS 20 - Government Grants: 4 marks
9. IND AS 21 - Effects of changes in Foreign Exchange transactions: 4 marks
10. IND AS 23 - Borrowing Cost: 8 marks
11. IND AS 32/107/109 - Financial Instruments: 14 marks
12. IND AS 38 - Intangible Assets: 8 marks
13. Analysis of Financial Statements: 12 marks

Marks Distribution

2. Question wise marks and comments:

1-A: IND AS 103 Lovely question. Worthy of being at Question 1. All major provision of the standard are covered up- 16 marks

1-B: IND AS 20 Basic knowledge of IND AS 20 would be enough to solve this question.- 4 marks 

2-A: IND AS 32 Highly expected question. The concept is repeated in past papers. Students would have been looking forward to this question- 10 marks

2-C: IND AS 105 Right from study Material. 10 Marks are too much for this question- 10 marks

3-A: IND AS 102 Again a basic question. An sure no student might have missed this one- 8 marks

3-B: IND AS 23 IPCC level question - ICAI should have avoided this. Rather they have tested other standard- 8 marks

3-C: IND AS 21 Hahaha ! Lovely googly - Basic fundamental Question. Love surprises. Am happy- 4 marks

4-A: IND AS 115 Lovely question. Knowledge of Previous standard on construction contract is needed. Great level. More questions like this please- 4 marks

4-B: IND AS 38 Basic question. Similar to once covered in study material- 8 marks

5-A: Analysis of Financial Statement Really expected. Should have been avoided. Rather a 12 marker on IND AS 110 was needed. - 12 marks

5-B: IND AS 16 Basic - Just knowledge of basic provision of IND AS 16 is needed- 8 marks

6-A: IND AS 10 Good question that covers all aspects of Standard. After Question 1 on IND AS 103 - I like this question - 8 marks

6-B: IND AS 113 Surprised to see IND AS 113 for 8 marks. Loot LO - 8 marks

6-C: IND AS 109 Again basic concept of 109 is needed.- 4 marks

To watch detailed analysis, click here.- By CA Sumit Sarda

Feedback of Candidates:

FR Old Paper Feedback

To participate in discussions related to exam click here.

Paper 2- SFM (New Course)
Paper Analysis by CA Rahul Malkan:

1. Chapter wise break up:

Sr no

Chapter

Marks

1

Financial Strategy

4 marks

2

Security Analysis

8 marks

3

Security Valuation

8 marks

4

Mergers and Acquisition

8 marks

5

Mutual Funds

10 marks

6

Forex

8 marks

7

Futures

22 marks

8

Portfolio

16 marks

9

International Capital Budgeting

12 marks

10

Business Valuation

8 marks

11

Startup and Finance

8 marks

12

Securitization

4 marks

13

Value at Risk

4 marks

SFM Old Paper Marks DIstribution

Given below is the question wise break up of marks:

1-A. 8 marks Mergers and Acquisition:
A very basic Question with basic calculations - Question to jump on and score full

1-B. 8 Marks Derivatives - FRA
A repeat question - Why should we repeat the past paper question - Students will love this one too.

1-C. 4 Marks Start up Finance - Theory
A question right from the text book - makes me feel like we are giving some college paper

2-A. 10 Marks Mutual Funds A repeat question
Why should we repeat the past paper question - Am sure students would have fallen in love with this paper by now.

2-B. 6 Marks Derivatives - Futures
A question based on Cost of carry model. For me 6 marks are a bit high for this question.

2-C. 4 Marks Securitization - Theory
A question right from the text book

3-A. 8 Marks Derivatives
Option A good Question - We need little bit of thinking on this question.

3-B. 8 Marks Security Analysis
Why!! to repeat ? Its CA final for god. Everyone would have by hearted this question an sure of that. Le LO 8 Mark.

3-C. 4 Marks Start up - Theory Last question on start up
Again from text book.

4-A. 8 Marks Security Valuation
Would say it's a good question - Students will have to work it out with some common sense.

4-B. 8 Marks Forex
Surprisingly forex was low on this paper and even this question is a repeat. Every class and prof would have done this in class

4-C. 4 Marks VAR
Very basic question. Anyways there is not much to do in VAR.

5-A. 8 Marks Portfolio
Have we not seen this question being repeated at least 5 times in past. Stop it NOW.

5-B. 8 Marks International Capital Budgeting
Happy to see the question where students will have to read it more than twice and will have to put thinking hat on. Every mark is worth. This should have been in Compulsory List.

5-C. 4 marks Financial Strategy - Theory
Right from study material. Even I can answer this.

6-A. 8 Marks Portfolio
Second question from this chapter. We could have avoided this and put another question from forex instead.

6-B. 8 Marks Business valuation
Good question. Knowledge of 2 stage model is needed and also some good reading for proper interpretation.

6-C. 4 Marks Securitization / International Capital Budgeting - Theory
Again from study Material

 

Feedback of Candidates:

SFM Old Paper Feedback

To participate in discussions related to exam click here.

Advance Auditing Question Paper:

 

Expert Analysis:
Will be updated soon.

Feedback of Candidates:

Audit Old Paper Feedback

To participate in discussions related to exam click here.

Paper 4- Corporate and Allied laws:
Expert Analysis:
Will be updated Soon

Candidates Feedback:

Law Paper Feedback 1
Law Paper Feedback 2

To participate in discussions related to exam click here.

Paper 5- AMA:
Expert Analysis:
Will be updated Soon

Candidates Feedback:
Will be updated Soon

Paper 6- Information System Control and Audit:
Expert Analysis:
Will be updated Soon

Candidates Feedback:
Will be updated Soon

Paper 7- Direct Tax Laws:
Expert Analysis:
Will be updated Soon

Candidates Feedback:
Will be updated Soon

Paper 8- Indirect Tax:
Expert Analysis:
Will be updated Soon

Candidates Feedback:
Will be updated Soon

To download all question papers of CA Final Nov'19 (Old / New) Syllabus - Click here


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