CA Final Important Questions, Topics and Chapter For May 2018 Exams
In previous post we have given Suggested Study Plan For CA Final and How to Pass CA Final in One Month Preparation. Today we are providing all CA Final important questions and topics for May 2018. See below for CA Final Group – 1 and Group – 2 important chapters and topics. ICAI has released IPCC Admit Card May 2018 & CA Final Admit Card May 2018. Download IPCC Admit Card May 2018 & CA Final Admit Card May 2018 from here. Here students can find CA Final Accounts Important topics, CA Final Financial Reporting, SFM important Small Questions and topics, Advanced Auditing & Professional Ethics important topics, CA Final Law Important topics for exam and other CA Final Group 2 important chapters & Topics .
CA Final Group-1, Group -2 Tips, Important Questions, Chapters and Topics – May 2018
CA Final Group 1 Important Questions | Topics
CA Final Financial Reporting Important Questions Topics For May 2018
Paper 1: Financial Reporting
| 1. Value Added Statements -Economic Value Added, Market Value Added, Shareholders’ Value Added |
| 2. Share Based Payments – Sums on ESOP, ESPS etc (It can be covered from ICAI Study mat) |
| 3. Miscellaneous Topics – Financial Reporting by Mutual funds, Non-banking finance companies, Merchant bankers, Stock and commodity market intermediaries + Human Resource Accounting |
| 4. Valuation of Goodwill, Shares, Business, Brands etc ( V.IMP) |
| 5. Corporate Restructuring – sums on capital reduction, demerger, buy back etc |
| 6. Accounting for Financial Instruments (AS 30,31,32)-Sums on forex, derivative, call /put options etc |
| 7. Amalgamation |
| 8. Consolidated Financial Statements (Holding Company) |
CA Final SFM Important Questions Topics For May 2018
Paper 2: Strategic Financial Management
| 1. Dividend Policy |
| 2. Leasing |
| 3. Merger, Acquisitions and Restructuring |
| 4. Forex Management |
| 5. Financial Services |
| 6. Mutual Fund |
| 7. Security Analysis |
| 8. Derivatives |
| 9. Portfolio |
| 10. Capital Budgeting |
CA Final Auditing & Professional Ethics Important Questions Topics For May 2018
Paper 3: Advanced Auditing & Professional Ethics
Advanced Auditing
- Professional Ethics
- Standards on Auditing (SA)
- Accounting Standards (AS)
- Important Auditing Topics
- Less important Auditing Topics
Professional Ethics
CA Final Corporate & Allied Laws Important Questions Topics May 2018
Paper 4: Corporate & Allied laws
| Topic | Weightage |
| Directors Contracts and Expenses | 8 Marks |
| Company Loans and Guarantees to Director | 8 Marks |
| RBI Powers | 8 Marks |
| NRI Provisions in FEMA | 6 Marks |
| Draft Board Resolution | 5 Marks |
| CG Powers to appoint Nominee Director | 5 Marks |
| Women Director | 4 Marks |
| Relief against Mismanagement | 6 Marks |
| Declaration of Solvency | 4 Marks |
| Independent Directors | 5 Marks |
| Recognition of Stock Exchange | 4 Marks |
| Residential Status under FEMA | 5 Marks |
| Dominant Position under Competition Act | 6 Marks |
| Actions against Members of a Stock Exchange | 5 Marks |
CA Final Group 2 Important Questions | Topics
CA Final AMA Important Questions Chapters May 2018
Paper 5: Advanced Management Accounting
| 1. Transportation Problem |
| 2. Linear Programming |
| 3. PERT & CPM |
| 4. Simulation |
| 5. Learning Curve |
| 6. Developments in the Business Environment |
| 7. Budget & Budgetary Control |
| 8. Pricing Decision & Transfer pricing |
| 9. Cost Concepts in Decision making |
| 10. CVP Analysis and Decision making |
| 11. Standard Costing |
CA Final ISCA Important Questions Chapters / Topics May 2018
Paper 6: Information Systems Control & Audit
| Questions | Marks |
| Business Governance Dimension | 5 Marks |
| IT Steering Committee | 5 Marks |
| COBIT 5 Enablers | 6 Marks |
| Management Practices for Evaluating Internal Control | 4 Marks |
| Questions | Marks |
| MIS and its Limitations | 5 Marks |
| Components of an EIS | 4 Marks |
| Transaction Processing Systems | 5 Marks |
| Questions | Marks |
| Preventive Vs Boundary Controls | 5 Marks |
| Data Integrity Policies | 4 Marks |
| Cyber Fraud Techniques | 5 Marks |
| Asynchronous Attacks | 4 Marks |
| Trojan Horse, Worms and Time Bomb | 4 Marks |
| Questions | Marks |
| Objectives of BCP | 5 Marks |
| Emergency Vs Recovery Plan | 4 Marks |
| Hot Ste Vs Warn Site | 4 Marks |
| DRP Document Features | 5 Marks |
| Questions | Marks |
| Spiral Vs Waterfall Model | 5 Marks |
| SDLC | 5 Marks |
| Characteristics of Good Coded Program | 4 Marks |
| Black Box Vs White Box Testing | 5 Marks |
| Activities involved in Successful conversion of IS | 4 Marks |
| Questions | Marks |
| Types of IS Audits | 5 Marks |
| Snapshots, Audit Hooks | 4 Marks |
| Continuous Audit Techniques | 5 Marks |
| Questions | Marks |
| Use of E-Records in Govt Organisations | 5 Marks |
| Section 69 of IT Act | 5 Marks |
| Vision of National Cyber Security Policy 2013 | 4 Marks |
| Service Strategy of ITIL | 4 Marks |
| Questions | Marks |
| Private Cloud | 5 Marks |
| SaaS Vs PaaS | 5 Marks |
| BYOD, Web 3.0, Hybrid Cloud | 4 Marks |
| Green IT | 5 Marks |
| Security Issues in Cloud Computing | 5 Marks |
CA Final Direct Tax Important Questions Chapters / Topics For May 2018
Paper 7: Direct tax Laws
1. Straight forward do case laws and amendments which are issues by ICAI. Marks covered 30-32 minimum even more.
2. Now do Capital Gain & Gift. Marks covered by this topic 15.
3. Now do Assessment procedure marks covered by this topic 10-15. And question on due dates of ITR will be surely asked.
4. Now do Assessment of Trust and Companies. 8-10 marks question will be asked in exam.
5. Now do small topics like Assessment of NR, DTAA, TDS etc. marks covered by this topics 10-12.
6. Now time to do 4 heads of Income. I know you all thinking 5 heads in last to friends just once check previous paper not much questions asked out of it. Ques.2 of paper will be of PGBP but it
contains all amendments so you can do PGBP from summary module.
Few Relevant amendments – Keyman Insurance Policy, Section 32AC, 36(1)(viia), 43(5), 43CA,Definition of Agriculture land & Capital Asset Sec.2(1A) & 2(14), 56(2)(vii), 80C & 10(10D), 80CCG, 80EE, Donation to National Children Fund (80G).
Note: It is my suggestion as well as request to all students that please solve each and every example given in Supplementary material related to amendments.
CA Final Indirect Tax Important Questions Chapters / Topics For May 2018
Paper 7: Indirect tax Laws
Important Theory Topics
- Exemptions from GST
- Place of Supply
- Time of Supply
- Value of Supply
- Payment of Tax, Interest and Other Amounts
- Penalties
- Refund
- Types of Duty
- Valuation under the Customs Act, 1962
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