CA Final Financial Reporting PYQ May 2025: Question Paper and Solutions
CA Final
Financial Reporting
PYQS Series
May 2025
21 Questions Indexed
ICAI Examination Archive & Suggested Answers: This directory indexes questions from CA Final Financial Reporting PYQS (May 2025). Open individual questions for available answers and working notes, then use the subject analysis to review historical marks.
How to Prepare for CA Final Financial Reporting
Solving past MTPs, RTPs, and suggested answers from previous examination windows is essential to mastering time management under the time limit applicable to your exam paper. Review step-by-step working notes, legal case precedents, and accounting disclosures with instant 24/7 AI tutor assistance via CApex.
Question directory and available solutions
21 indexed questions. Open a question to read its full statement and available answer.
- Raja Limited, a leading public limited company engaged in the manufacture of pharmaceuticals, prepares its accounts as per Ind AS. The company has…
- XYZ Ltd. is a manufacturing company engaged in the manufacturing of home and kitchen appliance products. Following information is available in…
- Savita Limited, a public listed company, is engaged in various types of manufacturing and retail activities. It is also engaged in the real estate…
- Bazar Ltd. enters into a contract for the sale of Product H for 2,000 per piece. As part of the contract, it gives the customer a 40% discount…
- Win Limited is a first time adopter of Ind AS. The company has a financial asset classified as held-to-maturity (HTM) under previous GAAP. Under Ind…
- Securities Limited is a financial institution that handles voluminous sensitive data of its clients, such as personal information and records of…
- A Limited and B Limited are engaged in the manufacture of pharmaceuticals. On 1st June, 2024, A Limited acquired 15% of equity shares of B Limited.…
- On 1st April, 2023, Mera Limited raised a term loan of 5,00,00,000 from Tera Finance Limited, a Non-Banking Finance Company on the following terms…
- Hero Ltd. reported a profit before tax of 8 lakhs for the third quarter ending 31st December 2024. On enquiry, you observe the following: (i)…
- Tiny Ltd. deals in trading of cars across India. It became 100% subsidiary of Any Ltd. on 1st April, 2022 at a purchase consideration of 64 crores.…
- Following information is given to you in respect of A Ltd. and B Ltd.: Particulars A Ltd. Amount (₹ ) B Ltd. Amount (₹ ) Income (loss) from…
- Chimney Ltd. purchased a machinery on 1.4.2019 for 18,00,000. The machinery has no residual value. It was reflected in its books at - 14,40,000 on…
- National Ltd. granted 1,000 stock appreciation rights (SAR) each to its 160 employees on 1st April, 2021 with a fair value of 100 each. The terms of…
- (ii) Would your answer be different, if at the end of the second year of service i.e. at 31st March, 2023, National Ltd. modifies the terms of the…
- HaSo Ltd. deals in manufacture of computer hardware and development of software applications. Discuss the revenue recognition of HaSo Ltd. as per…
- Tiger Gems Ltd. and Mammoth Minerals Ltd. are engaged in extraction of coal and minerals from coal-fields, which they own and operate independently…
- EITHER Assume operating cycle to be of twelve months. Classify the following deposits given by an entity in automobile industry during the year…
- OR (c) Discuss the limitations of general-purpose financial reporting.
- Discuss any five key impacts of Blockchain on Financial Reporting.
- In a manufacturing process of Milky Way Ltd., one by-product 'Universe' emerges besides two main products Galaxy 1 and Galaxy 2, apart from scrap.…
- Investors Ltd. is in the process of acquisition of shares of Glue Ltd. as part of business reorganization plan. The projected free cash flows of…