CA Final Financial Reporting PYQ May 2026: Question Paper and Solutions

CA Final Financial Reporting PYQS Series May 2026 19 Questions Indexed

ICAI Examination Archive & Suggested Answers: This directory indexes questions from CA Final Financial Reporting PYQS (May 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

19 indexed questions. Open a question to read its full statement and available answer.

  1. Aakash Ltd. is a manufacturing company and engaged in the manufacturing of home and industrial appliance products. The company has made considerable…
  2. Zest Ltd.is engaged in the manufacturing of Automobiles with its registered office in Pune and is listed on BSE Limited. It also owns a chain of…
  3. ABC Ltd. is a globally diversified business conglomerate with operations spanning across various business sectors worldwide. The company adheres to…
  4. Life line Limited has 10,00,000 Ordinary Shares of 1 each outstanding. The company has also issued 2,000, 10% Convertible Bonds of 100 each. Each…
  5. XYZ Ltd. is a first-time adopter of Ind AS. The company prepares its opening Ind AS Balance Sheet as at 1 st April, 2025. Under previous GAAP, the…
  6. Which of the following is not an example of circumstances that might make a self-interest threat when a chartered accountant -
  7. Panama Pharma Ltd. is a leading company engaged in the manufacturing of generic medicines. The company decided to acquire Bio Gen Research Ltd., a…
  8. Power-tech Limited issued 50,000, 5-year, 6% convertible debentures on 1 st April, 2023. The debentures have a face value of 100 each. The terms of…
  9. Chill-Zone Ltd. is a listed entity manufacturing Air conditioners. The company prepares its financial statements on a quarterly basis. Mr. Das, the…
  10. Electro Drive Ltd. is a manufacturer of specialized electric buses. The company sells these buses to transport agencies and also offers them on…
  11. PQR Ltd. has identified 4 Operating Segments for which revenue data is given below: External Sales (₹ ) Internal Sales (₹ ) Total (₹ ) Segment L…
  12. Saurabh Engineering Ltd. provides the retirement benefit facility to its employees and prepares its financial statements every year on 31 st March…
  13. How will you recognize and present the grants received from the Government in the following cases as per Ind AS 20? (i) A Ltd. received an amount of…
  14. PQR Ltd. enters into a contract with a customer on 1 st April, 2023 for the sale of a machine and spare parts. The manufacturing lead time for the…
  15. On 1 st April, 2022, Gama Ltd. issued 1,00,000, 8% convertible, debentures of face value of 100 per debenture at par. The debentures are redeemable…
  16. List and explain the enhancing qualitative characteristics of financial information according to the Ind AS. OR As a general principle, the entities…
  17. Define cloud computing and explain any four common applications of cloud computing.
  18. Real Estate Ltd. is a construction company and decided to construct a huge office building for its use since financial year 2022-2023. The…
  19. An asset is sold in two different active markets at different prices. An entity enters into transactions in both markets and can access the price in…