How was today's financial reporting paper ?

easy

 

easiest and lenghty

very very easy

very very easy paper

nothing came from what i read

Can you please share the name of the book from which you studied and found the paper easy? As I have heard the paper was full of Ind As , I dnt know whether that's true or not

paper are fully from practice manual manual covers around 80 marks

80 marks from pm

Dear All,

Paper was so easy but only if u have studied IND AS . ICAI has already issued the notification for the applicability of IND AS in upcoming examination .

Total 52 Marks Question were asked from IND AS ( Holding question was also on the basis of IND AS) 

Questions were asked from PM but u have to answer them according to IND AS

Study well and do well  

All the best 

May God Bless You

 

Dear Students – Once again it is proved that those who makes the practice of study material and practice manual can get exemption. Any standard text book or tutorial notes of faculty is only a supplement and cannot substitute the concept and knowledge that student can acquire by strictly following ICAI material.

Well not just 80 marks. If we sum up module + PM around 112/120 marks paper was from these 2 books. Ofc except M&A which was more of Sfm based ques. And yes. All ind as answers asked by Icai were those where AS and Ind As gives same treatment. So it was supposed to be answered in same manner as what it would be under normal AS. Holding company question has a mistake. Bcoz replacing IND AS 28 in place of AS27 doesn't support the method mentioned in exam. SO THAT'S A BLUNDER BY PAPER SETTER. So that may or may not fall in grace marks kind of question.