How was today SFM paper

Being CA final student, you cant expect it to of bcom level...paper has to be tricky if u r givin the toughest profesional exam

Sagar u are very right i support you

What was ans of percentage of promoters holding

Promoters holding post acquisition was 60%, Q 1(a)- on customer seeking cancellation before due date, bank will buy 1 month forward contract to buy 1 lac Sw. Fcs. @ 1Sw. Fc = Rs. 32.62 ( We get this rate by applying cross currency rates of 1 mnth forwards) . On due date, the bank will be receiving @ 1Sw. Fc = Rs. 32.42. Hence 0.2/ Sw. Fc loss on account of customer = 1lac * 0.2 = Rs. 20,000/-. In addition, bank charges 0.1% margin on both the above transactions which sums up to Rs. 6,504/- for both transactions. So, total charges payable by customer = Rs 26,504/-. Friends, this is what i have solved.. Plz correct me if im wrong!

Way too lengthy to complete

Merger question - Promoters one No of shares. 20lakh (rupees) Can anyone help me with the correct explanation for this one. Poor me..

I would say that the paper was lengthy as well as a bit tricky.. Guys this being a professional examination we can't expect papers to be simpler.. We should be prepared for the worst.. Conceptual clarity is a prerequisite for appearing CA Final examinations as far as practical papers are concerned..

The sleepless nights, social cutoff...so much of effrt n so many xpectations n after all dis we meet the lengthiest questions whose is worth jst 8 marks but takes half an hour to get off...i hope d paper setters were once aspirants!! There actions doesnt seem to be such

Paper was tough....

Mind my words...most of u vl score above expectations in sfm n below expectations in fr..dont b under d impresion that fr vl fetch u mre marks js bcz it ws simple

Dear Students,

 

We have mail to ICAI regarding the distrubtion of marks and length of paper. 

There was one error in Question no 1(d) as contract size was missing and without size u cant calculate the undivided part to be done on forward rate .

 

Further accounting marking will be tough as compared to SFM and hence if u have done account paper then only there is a chance of good marks .

 

I hope all the finalist get good marks and become CA soon 

 

All the best 

God bless You 

Guysss This is called stress test, ICAI is testing us on how much SFM paper affects our audit paper So now chuck SFM and focus on audit :)

Person learned only two chapters derivative and forex could easily pass....rest 11 chapters just played as a cameo...

Paper is easy most of them PL and not lengthy

Its nt abt giving marks or scoring good.. but it feels like y 2 clear concept of each chap... nd den u as question frm nly 2 3 chap... wts xactly the weightage... its useless 2 read all d chap nd sit for d exam... if v cud have skipped other chap nd nly read d 2 3 chap our logic wud b much clear dan wt it is now.!! Nd v also knw dat its professional exam nd all..but der shud b logic behind setting such paper..