Skip to main content

ICAI Suggested Answers Links





Course Paper Suggested Answers
CA Final OLD Paper – 1 : Financial Reporting https://www.icai.org/post.html?post_id=10135
CA Final OLD Paper – 2 : Strategic Financial Management https://www.icai.org/post.html?post_id=10139
CA Final OLD Paper – 3 : Advanced Auditing and Professional Ethics https://www.icai.org/post.html?post_id=10145
CA Final OLD Paper – 4 : Corporate and Allied Laws https://www.icai.org/post.html?post_id=10150
CA Final OLD Paper – 5 : Advanced Management Accounting https://www.icai.org/post.html?post_id=10158
CA Final OLD Paper – 6 : Information Systems Control and Audit https://www.icai.org/post.html?post_id=10164
CA Final OLD Paper – 7 : Direct Tax Laws https://www.icai.org/post.html?post_id=10252
CA Final OLD Paper – 8 : Indirect Tax Laws https://www.icai.org/post.html?post_id=10253
CA Final NEW Paper-1: Financial Reporting https://www.icai.org/post.html?post_id=14907
CA Final NEW Paper-2: Strategic Financial Management https://www.icai.org/post.html?post_id=14908
CA Final NEW Paper-3: Advanced Auditing and Professional Ethics https://www.icai.org/post.html?post_id=14909
CA Final NEW Paper-4: Corporate and Economic Laws https://www.icai.org/post.html?post_id=14910
CA Final NEW Paper-5: Strategic Cost Management and Performance Evaluation https://www.icai.org/post.html?post_id=14912
CA Final NEW Paper-7: Direct Tax Laws and International Taxation https://www.icai.org/post.html?post_id=14913
CA Final NEW Paper-8: Indirect Tax Laws https://www.icai.org/post.html?post_id=14914
CA Inter New Paper-1: Accounting https://www.icai.org/post.html?post_id=14956
CA Inter New Paper-2: Corporate and Other Laws https://www.icai.org/post.html?post_id=14957
CA Inter New Paper-3: Cost and Management Accounting https://www.icai.org/post.html?post_id=14958
CA Inter New Paper-4: Taxation https://www.icai.org/post.html?post_id=14959
CA Inter New Paper-5: Advanced Accounting https://www.icai.org/post.html?post_id=14969
CA Inter New Paper-6: Auditing and Assurance https://www.icai.org/post.html?post_id=14970
CA Inter New Paper-7: Enterprise Information Systems & Strategic Management https://www.icai.org/post.html?post_id=14971
CA Inter New Paper-8: Financial Management & Economics for Finance https://www.icai.org/post.html?post_id=14972
CA IPCC Old Paper – 1 : Accounting https://www.icai.org/post.html?post_id=10079
CA IPCC Old Paper – 2 : Business Laws, Ethics and Communication https://www.icai.org/post.html?post_id=10083
CA IPCC Old Paper – 3 : Cost Accounting and Financial Management https://www.icai.org/post.html?post_id=10090
CA IPCC Old Paper – 4 : Taxation https://www.icai.org/post.html?post_id=10314
CA IPCC Old Paper – 5 : Advanced Accounting https://www.icai.org/post.html?post_id=10107
CA IPCC Old Paper – 6 : Auditing and Assurance https://www.icai.org/post.html?post_id=10112
CA IPCC Old Paper – 7 : Information Technology and Strategic Management https://www.icai.org/post.html?post_id=10118



Comments

  1. Such a helpful article. Thanks for blog.
    New CA Intermediate students can download CA Intermediate mock test papers, revision test papers, sample papers, question papers through this link - CA Intermediate Papers

    ReplyDelete
  2. Make sure that when you order a laptop online that you leave instructions for the delivery driver. If you're not going to be at home, you don't want your laptop just sitting on your porch for anyone to come by and steal. You may also be able to tell the person shipping it to require a signature for the package.
    play bazaar satta king

    ReplyDelete

Post a Comment

Popular posts from this blog

Similarities between Delhi and Sikkim

 Delhi and Sikkim are although very different in terms of culture, tradition and food however both have some similarities. The first similarity is the area, both Delhi and Sikkim are small where as Sikkim ranks twenty seventh in terms of covered area and similarly Delhi ranks thirty first in terms of covered area. There is high literacy rate in Delhi and Sikkim, Delhi literacy rate is 86.21% and Sikkim's literacy rate is 82.6% which is also thirteenth in rank. Delhi and Sikkim have high human development index, Delhi ranks Fifth with 0.746 HDI and Sikkim ranks tenth with 0.716 HDI. Both Delhi and Sikkim comes in Northern portion of India and shares almost same latitude. Both Delhi and Sikkim are great heritage of culture and language hub.

Suggested answers May 2019 - Strategic Financial Management

Theory 7 (a) Credit rating is a very important indicator for prudence but it suffers from certain limitations. Some of the limitations are: (i) Conflict of Interest – The rating agency collects fees from the entity it rates leading to a conflict of interest. Since the rating market is very competitive, there is a distant possibility of such conflict entering into the rating system. (ii) Industry Specific rather than Company Specific – Downgrades are linked to industry rather than company performance. Agencies give importance to macro aspects and not to micro ones; overreact to existing conditions which come from optimistic / pessimistic views arising out of up / down turns. At times, value judgments are not ruled out. (iii) Rating Changes – Ratings given to instruments can change over a period of time. They have to be kept under constant watch. Downgrading of an instrument may not be timely enough to keep investors educated over such matters. (iv) Corporate Governance Issu...