CA CMA CS UPSC GATE SSC Exam Updates 2018

SuperProfs Mock Test Paper overlaps with ICAI Financial Reporting paper


55% of SuperProfs Test Series questions reflected in actual exam of ICAI Financial Reporting Paper

CA Final Lectures

Yet again, SuperProfs delivered the promise of best quality guidance to our CA students. In the CA Final Exams 2016 (May Attempt), this commitment of SuperProfs is practically observed.

SuperProfs takes immense pleasure in announcing that about 50% of our mock test questions tossed up in Actual Paper of Financial Reporting conducted by ICAI on 2-May-2016. It bore many similarities to the questions asked in Mock Test conducted by SuperProfs in the latest test series conducted from 11th April to 25th April and many questions that were from our Online Course – Financial Reporting by Sanjay K Welkins

SuperProfs is the most trusted online coaching for all the competitive exams like CA, CS, CMA and many more. We always believes in providing student fraternity with most comprehensive, updated and authenticated study tutorials through top notch experts of the trade and finest brains.

Striving hard and to the hilt is the major motto of SuperProfs. Keeping up with this trend, Team SuperProfs took an innovative decision of conducting Mock Test Series of its kind on All India basis to give students of professional courses, a real feel of the examination and to assess their performance. The kind of response which Mock test Series generated was unprecedented and the whole exercise was an overwhelming success.

Eminent, noted professors and subject experts were delegated with the task of preparation of Mock Tests.

Mock Test for Financial Reporting was conducted on 11th April, 2016- Paper was prepared by SuperProf. Sanjay K. Welkins – leading and Elite Faculty for Accounts and Financial Reporting.



In view of SuperProf Sanjay Welkins, FR is perceived as a dreaded subject by many students on account of vastness and ever-changing nature of the subject. Thus an in-depth and insightful preparation is required to tackle and confront the paper. Penetrative and precisive strategy is required to acquire supreme command and control over the subject- further one need to develop and inculcate the habit of keeping him/her self abreast of latest changes/amendments.

Also, Students need to have uncluttered focus and mind, to acquire supreme mastery- over the subject.    

A comparative chart is being presented:

Financial Reporting

Marks FR Paper conducted by ICAI on 2.05.2016 FR Mock test conducted by Superprof on …April, 2016 Questions covered in online course “Financial Reporting” by Sanjay K Welkins at Superprofs
5 Q.1 a Q-1 e
5 b Covered in Holding companies/ consolidated Accounts
5 c Q- 1 b(i)
5 d Question on similar lines covered in the class – Topic :Corporate Restructuring-
16 Q-2 Covered at length in lectures of Amalgamations
16 Q- 3 Q-2
8 Q-4 a Almost similar question done in the class- Valuation of Shares
4 b
4 c Almost same question done in the class- topic :AS- 9
8 Q-5 a Valuation of business
4 b Almost same question done in the class -Covered in topics on options
4 c Q-7 (d) Same question dictated and solved in the class- topic: share based payments
8 Q-6 a Q-4 (a)
8 b Q-5 (a)
4 Q-7 a Q-5 (b)
4 b Covered under lectures on Financial Assets and Liabilities/ debt and equity instruments
4 c Covered under lectures on AS-2
4 d Covered under lectures on AS- 6
4 e Q-7 (b)

Click here to view the ICAI Financial Reporting Paper (May 2016 Attempt):

Click here to view Super Profs Test Paper:

Download CA –IPCC/ Final SuperProfs Test Series question papers along with solutions

SuperProfs– India’s Largest Online Coaching Platform is offering FREE Trail Classes for CA/CS/CMA. Now students from all over India can learn from India’s Most Experienced Professors online and get their dream career.

Click Here To Register for your FREE Trial

Leave A Reply

Your email address will not be published.