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Exemption

CA Final 354 views 3 replies

I got exemotion in Financial Reporting in may 2016 means Nov.2017 is last attempt of my FR exemption..

In Nov.17  my grp was not clear but i got 74 marks in SFM..whether can i avail SFM exemption for may 2018 exam ?

Replies (3)
reply pls.. I have same query.
yes u can avail exemption

Exemption is valid for three consecutive attempts so your exemption was valid in nov 17... because of which u wouldn't have given fr paper in nov 17...and the basic rule of exemption is that u have to sit in all the papers for getting exemption but since u already had exemption in fr u would have only given 3 papers so u can't avail the exemption u got in sfm..In your case exemption in sfm was only possible if u have surrendered the fr exemption at the time of form submission... which i don't think is the case with u so u can't avail exemption in sfm now


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