CA Final Financial Reporting MTP November 2026: Question Paper and Solutions
CA Final
Financial Reporting
MTP Series
November 2026
33 Questions Indexed
ICAI Examination Archive & Suggested Answers: This directory indexes questions from CA Final Financial Reporting MTP (November 2026). Open individual questions for available answers and working notes, then use the subject analysis to review historical marks.
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Question directory and available solutions
33 indexed questions. Open a question to read its full statement and available answer.
- Under the scheme of demerger of B Ltd. effective from 1 April 2X13, pharma division of B Ltd. has been demerged into C Ltd. The main intention of…
- A Ltd. is preparing its financial statements for the year ended 31 March 20X2. During the year, the following transactions and events occurred: Loan…
- A Ltd. is preparing its financial statements for the year ended 31 March 20X5. During the year, the following transactions and arrangements…
- A Ltd. is a diversified business group operating in multiple business segments across different parts of the world. The finance team has been…
- On 1st April, 20X1, Johansen Ltd. acquired a new subsidiary, Bosman Ltd., purchasing all 150 million shares of Bosman Ltd. The terms of the sale…
- On 1st April, 2X01, A Ltd. issued a 10% convertible debenture with a face value of ₹ 1,000 maturing on 31st March, 2X11. The debenture is…
- Company A has taken a long-term loan from Company B. In the month of December 20X1, there was a breach of material provision of the arrangement. As…
- Wealth Ltd. has entered into lease agreement with a lessor for a period of 5 years at the annual lease rental of ₹ 8 lakhs. There is an option at…
- PQR Ltd. has entered into a fixed price contract on 1st February, 20X2 to provide annual maintenance services worth USD 10,000 which is rendered…
- CAB Limited is in the process of preparation of the consolidated financial statements of the group for the year ending 31st March, 20X3 and the…
- Company X has identified one of its division (disposal group) to be sold to a prospective buyer and the Board has approved the plan to sell the…
- Mathur India Private Limited has to present its first financials under Ind AS for the year ended 31st March, 20X3. The transition date is 1st April,…
- A Ltd. enters into a contract with a customer for the exclusive supply of paint for a three-year period. A Ltd. makes a ₹ 50,000 upfront payment,…
- Sunrise Apparels Ltd. (SAL) is a listed textile manufacturing company with three subsidiaries located in Tamil Nadu, Gujarat, and Bangladesh. Two…
- An entity invests in a 10-year bond with a face value of ₹ 6,00,000 by paying ₹ 2,31,500. The effective rate of interest is 10%. An entity…
- On 1st January, 20X1, H Ltd. acquired all of the share capital of S Ltd. for ₹ 15,00,000. The book values and the fair values of the identifiable…
- BioTech Electronics Ltd. (BEL) is a diversified company with investments in listed entities and also manufactures and sells electronic products. BEL…
- Alpha Ltd., whose functional currency is the Indian Rupee (₹), recently acquired S Ltd., a company that had been preparing its financial statements…
- Fashion India Ltd. (FIL) is a listed entity engaged in the manufacture and sale of fashion products. During the year, FIL undertook various…
- Apex Ltd. holds a 25% interest of ₹ 10,00,000 in Beta Ltd., an associate and applies the equity method of accounting to its equity shares. In…
- CA. Rohan, an employee of Delta Ltd., discovers that the CFO has instructed him to capitalise a routine repair expense of ₹ 50 lakhs as an asset so…
- Makers Ltd. acquired 65% of shares on 1 June, 20X3 in D Limited which is engaged in production of components of machinery. D Limited has 1,00,000…
- The long-term finance of the company comprises of the following: (i) 2,00,000 thousand equity shares at the beginning of the year and the company…
- HG Incredibles Limited had in the recent past made a right issue. In its offer document to its members, it had projected a surplus of ₹ 50 crores…
- DIEL has incurred the following transactions for acquiring Plant 'X' in part exchange of an old Plant Y. (in Lakhs) Sale of scrap from the old site…
- On 1 April, 20X3, Makers Ltd. raised a long-term loan from foreign investors. The investors subscribed for 6 million Foreign Currency (FCY) loan…
- Rainbow Limited is carrying out various projects for which the company has either received government financial assistance or is in the process of…
- At 1st April, 20X0, the fair value of the Plan Assets was ₹ 10,00,000. The Plan paid benefits of ₹ 1,90,000 and received contributions of ₹ 4,90,000…
- Makers Ltd. is engaged in the business of manufacturing a number of products including moulds, dies and machinery. They have a wide customer base in…
- Nova Retail Ltd. (NRL), a listed company, entered into a 5-year lease for a retail premises on 1 April 20X1, with an option to extend it for another…
- Following is the summarised statement of profit and loss of NM Limited as per Ind AS for the year ended 31st March 20X2: Particulars in crore…
- List out the entities which were covered under Phase I & II under the Companies (Indian Accounting Standards) Rules 2015 as notified by the MCA…
- Kavya Industries Ltd. is a listed company engaged in the manufacture of specialty chemicals. The company has been preparing its financial statements…