How was today's paper

Page no : 3

Sahil Parekh (Chartered Accountant) (26 Points)
Replied 01 November 2012

Originally posted by : Divya

I dint find paper easy.. I dont know from where they picked the nbfc question.. looked like a desperate attempt of the icai to make us choose amalgamation n cfs both... I completely screwed up !! But i heard ppr was even tough the last time... Arghhhh.. hoping valuation would be easy ! phew !!!

NBFC was from the previous attempt RTP and CFS is in the PM. Have a look at the RTPs( last 3 attempts ) before appearing for FM and costing!

Best of Luck!

DEVIL-Liv every moment of life (ca final) (1735 Points)
Replied 02 November 2012

paper was EASIER than LAST attempt but all Chapters wch were covered in the paper were a bit of SURPRISE

1.NBFC - 10 marks

2. MUTUAL FUNDS - 5 marks

3. HRA - 5 marks

4. AS-25 5 marks

This makes the no . of marks 25

and normally these chapters are given low priority..

we focus on

1. Eva - 0 marks

2. VALUE added- 0 marks

3. AS-20 - 0 marks

4. AS- 28 - 0 marks

5. Esop - 0 marks

these 5 are very imp chapters in each attempt and normally 20-30 marks on the minimum side are covered frm these chapters.. but this time 0 marks

& paper was a bit LENGTHY..

HOLDING/ AMALGAMATION/ BUYBACK needed time..

paper was easy but lengthy..bhi tha

1 Like

DEVIL-Liv every moment of life (ca final) (1735 Points)
Replied 02 November 2012

Originally posted by : Sahil Parekh
	Today's paper was comparatively easier than the previous attempt. Questions were asked straight from the PM and RTPs. Best of luck to all for the remaining papers and yes FM will be highly conceptual paper.. so plz dont worry abt getting the answer right... how u approach and present the sum is important.. same goes for costing.. Best of Luck once again!