Very tough and lenghty paper, It is policy of icai to decrease % of final result, i m sure this time 7-9 % result will be come...and i m not there...

it is a shocking paper........

 

By God maja aa gaya.....paper ho to aisa ho warna na hi ho....kya paper tha...5hr ka ques. 3hr me solve karne p majbur kar diya..thats called C.A institute....hats off to person who prepared this ques...now this can be the level...hahaha maja aa gaya...

Yup, Pathetic, no question from RTP, Suggested, not even mock test paper Only 1 question of As 15 from last year rtp....wo bhi bhul gya tha meine dubare karna :-( Mock test paper dekhne ke bad to meine itna khush tha apni preparation se.... But Hell Institute chahata kya h humse mujhe ye samajh nai ata....... not able to concentrate on my next paper either,

I think it was out of syllabus

Now i m afraid what will happen for my attempt.... may 14 Kasam se agneepath k vijay dinanath se bhi gaye guzare halat hai ca final student ki...... but stilll..... i will.clear the exams one day inshallah!!!!

Paper aisa Dena hai to atleast modules b achhe prepare karo n practice questions b do. Ab hum 10 years se to c.a no kr ke baithe na jo Inna in depth clear ho.

FR paper was aweful..i did study very hard but i dont think i will pass in FR paper...BUT I PROMISE THAT I WILL FIGHT BACK AND BECOME A CA..

 

Lenghty agreed, it was too lenghty, tough No not all, My View Q1 Could not attempt Q2 Amalgamation was tricky but managable.(but I made a mistake) almost similar concept in jindal Sir book Q3 Left Q4 Holding, again tricky but managble again there is similar question in jindal Sir Book Q5 Goodwill One of d simplest question ) a)Vas:- Almost similar question in Jindal Sir Book ) Valuation Of Brand :- It was question of SFM(Similar concept question in Dr. J.B Gupta Sir book.(Just have to find the free Cash flows) Q7) a) Jindal Sir book b) D.S Rawat sir book My luck could not attempt this question too.

Awesome paper.... I dnt kno y people felt this as tough

Which one subject exam very lenghty

How was paper of CA final Accounts in Nov 2013 ?

Appraisal report by CA Parveen Sharma

Examination paper of Accounts( Financial Reporting) in Nov 2013 was best paper asked by ICAI till now. It had all aspects which a CA final student should be tested for. Briefly it had following points
1. Questions were from all major topics
2. Questions were from points generally left by students 
3. Questions were regarding drafting of policies and on revised schedule VI thereby testing practical internship exposure of candidate
4. Paper was lengthy to test stress levels of candidates.
5. Questions related to Modern accounting practices thereby affecting students those who don't update themselves.

Students who suffered most were those who did topics broadly or those who followed trends and past patterns. Also students who had not updated themselves with new points like ESOP with CASH ALTERNATIVES. I remember when I taught this point Ist time in May 2012 batch, students said to me that I am unnecessarily teaching this point and this is not relevant for exams but I still taught them. It's a matter of satisfaction that there was one question on this point in Nov 2013 and furthermore no other teacher had taught it in their classes. This has given me further confidence that I should continue to update my lectures and introduce most modern accounting concepts in my coming batches. Our upcoming batch will have references to old and new companies act provisions.

Tip: ICAI had asked questions on modern practices, keep updating yourself. Refer most latest class notes, books and question bank. Old edition books,notes CDs are not going to work.

Now let us deal each question

Question 1 was compulsory and was having 4 parts of 5 marks each
It's part 'a' was from AS 15 and it was a question similar to question in our book.

Part 'b' was on Guidance note on tax treatment on interim financial statements. ICAI had rarely asked question from this topic. Our book had five similar questions but students generally leave it considering to be not important. 

Tip: Always cover all topics done in class. Don't leave anything based on past trends or patterns

Part 'c' was a simple question on AS 9 based on sale and repurchase point covered in class as an example. Point was also in book under heading sale and repurchase. Question also asked for drafting of accounting policies which we teach in topic ' Corporate Financial Reporting'. Students who remember class notes on how to draft policies must have benefited in this question.

Tip: Do all points which are covered in classes.

Part d was based on AS 13. It was in reference to definition of investments. I always put thrust on definitions. This questions has given me further confidence that I should continue my approach and enhance knowledge of students. I got numerous calls thanking me on this issue.

Tip: Should always understand definitions and logics. Understanding helps in exams. Cramming strictly not allowed

Question 2 was a very simple question of amalgamation done by almost all my students correctly.

Tip : Students must practice a lot on topic of amalgamation

Question 3 was ESOP with cash alternative which I have discussed above. 

Question 4 was from Holding company accounts. Question was similar to question done in class in our book. We had names of companies 'Bat and Ball' but ICAI question had names 'Cat and Rat'. Otherwise all points in question were same as in our book

Tip : Students must practice a lot on topic of Consolidation

Question 5 was from topic called valuation of Goodwill. It was a very very simple question 

Question 6 was having two parts 
Part a was based on calculation of bonus in value added statements covered in our classes and books. A simple question and well attempted by my students.
Part b was brand valuation topic. We had done in class valuation under potential earning method and question was on this method

Question 7 was based on 
AS 30,31,32. Some teachers were spreading rumours that AS 30 to 32 are not relevant and they tried to confuse my students. I think they have got a reply from ICAI.
There were questions from AS 19, AS 12,AS 24 and AS 6 which almost all students attempted it.

OVERALL AN AMAZING PAPER. 

ALL THE BEST FOR REMAINING EXAMS

PARVEEN SHARMA

Terrible disaster... This is not my first attempt .... I dint know how to start ... Attended only for 60... What's this ...

Friends... "Be.positive... "There is a bad paper in exam... But there is not bad entire exam" "a bad day but not a Life ...soo go on!

Dont worry friends...The valuation will be liberal for you. Keep going good for next exams. Institute expects you to answer CIMA and ACCA level questions without changing their old fashioned study materials and syllabus..