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Dear Student CA Final Strategic Financial Management (SFM) May 2015 paper was a blend of past year questions as well as new questions. A typical student should have attempted, Question No. 1, 2 and 3 followed by theory tested in Question No. 7. This approach would have ensured pocketing of 68 marks if perfectly answered. Question No. 4b was tough and ambiguous and therefore should have been opted out. The student should have alternately chosen Question No. 5 and 6. If this approach would have been followed, there could be some struggle in 5a and 6a but part markings would definitely be there and would allow the student to score good marks. This is why the initial minutes of reading time is very important from a planning perspective. I keep on focussing on the same in class. Please understand that practical papers in Group 1 i.e. Financial Reporting and Strategic Financial Management are being heavily targeted both from question setting perspective and correction. There is no short-cut to success here. Students need to revise the entire curriculum cover-to-cover and page-by-page multiple times. Also, students need to devote sufficient time in preparing for theory subjects i.e. Corporate & Allied Laws and Advanced Auditing & Professional Ethics. This is how their probability of clearing Group I is enhanced. So, my advise to prospective students is to “practice, practice and practice” All the best. Sanjay Saraf #pdf
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