Accounts paper was well set.. with the right balance of all questions.. but very very strangely only one question of AS was asked.. tats AS18.. i had given a considerable amt of time to AS
What do you mean only one AS. There was AS- 12, AS-3, AS-18 not to forget AS - 19 DID YOU WRITE THE PAPER or were you dreaming?
I think It was tough, tougher than MAy. I think it was tough, tougher than MAy. Here is my take.
Question no (3((a) - Students who have netted off realisation loss with realisation profit ARE WRONG. - I did that.
Question no (3((b) - On Goodwill. I couldnt make head or tail off the instructions given. So many for a 12 mark question.
Question no (4((a) - Easy. Direct VAlue Added statement.
Question no (4)(b) - Non-Profit Organizations + AS - 12 Combined. Again one of those Off the hand problems. Didnt know what to do.
Question no (5)(a) - On AS - 3 - The last time O read that standard was in PE - 2. Quite unexpected. Couldnt touch it.
Question no (5)(b & c) - On AS - 18 & AS - 19. IT was such a lengthy paper that I could attempt it in the last 5 minutes only. Only God knows what I did.
Question no (6) - Theory - Again Unexpected theory questions.
VERDICT - KISS THE PAPER & THE ATTEMPT GOODBYE.
MAFA question was bit wierd...one question wer cash paid for acquisition of share i think was mis printed as 360 it should hve been 36.. will we get marks for it ????
Green share option !!! I think it should have been green shoe option. Wrong again.... Maybe people will get marks. MAFA was tough too. That was another mistake. The CA institute guys are sleeping.
Audit paper was kewl .. today .. some nice question came from AS and Ethics.. strangely not a single question came from Bank which i was dreadin :)) circuit filter was kewl icai keepin a track of recent events