HOW WAS THE PAPER TODAY..

IPCC 789 views 5 replies

HELLO --------

HOW WAS THE PAPER TODAY.........

WHETHER IT IS EASY OR TOUGH.....?

Replies (5)

CA Dhiraj Ramchandani

CA M. com

10823 Points Joined November 2008

Easy but very lenghthy...

/forum/how-was-today-s-pcc-ipcc-accounts--81351.asp

A/c paper was lil Scary... but at the same time.. Sm where Unexpected
20- Marks 6-7 Question easy/ Baki nahi kiye !! 16- Marks profit prior Incorporation- easy one...- Good !! 16- Marks Departmental/ Tricky/ Ok !! 16- Marks Electricity /Nahi kiya
8 - Marks Partnership Max Losss - Nahi kiya..!! 8 - Marks Cash Flow /easy/ Good.
4 - Marks AS 11 /tricky /ok !! 4 - Marks Deferred Tax Liability /Upar se gaya/ Phir bhi thoda bahut kiya..!! 4 - Marks Contingent Loss /Nonsense/ No idea /nahi kiya!! 4 - Marks Banking Provision/ easy/ Good

Nawaz

CA Final

195 Points Joined September 2008

It was a little bit tough and unexpected. I mean what happen to Not for profit organization or Incomplete records and the whole company Accounts chapter is excluded they are asked in every examination but in this they didn't . and they included the Electricty chapter question in the exan as if a PCC student is going to work in electricity company now itself. But other question were also easy like pre incorporation, cash flow and even partnership.

Overall i think IPCC paper is a lot more easier than PCC paper.

Nawaz

CA Final

195 Points Joined September 2008

i got 90000 in cash flow did anyone got the same i am confused

CF from operating Activities 640000

C F from Inst act 470000

CF from Financing Act -260000

Total cF -90000

tell me where i did mistake. we have to lee: divident received in operating activities adjestment or not