KS ACADEMY

CA INTER PAPER 1: ACCOUNTS - IMPORTANT LAST DAY REVISION QUESTIONS

ICAI SM Illustration ICAI SM Practical
MODULE CHAPTERS Qn no Qn no
Chapter 1: Introduction to Accounting Standards
Chapter 2: Framework for Preparation and
1&5 3
Presentation of Financial Statements
Chapter 3 : Accounting Standards
Unit 1: Applicability of Accounting Standards - 1
Unit 2: Overview of Accounting Standards
AS 1: Disclosure of Accounting policies 2,3
Module-1 Example 2 in Pg 3.42
AS 2: Valuation of Inventories & ill 4
AS 3: Cash flow statements 4,5
AS 10: PPE 5,9,10 2,4,6,7,9,10,11,12
AS 11: The effects of changes in Foreign exchange rates 3,4,6,7
AS 12: Accounting for Government grants 4,7,9
AS 13: Accounting for Investments 2,3
AS 16: Borrowing costs 2,3,4
Chapter 4: Financial Statements of Companies
Unit 1: Preparation of Financial Statements 1,4,7,8 2,3,4,6
Unit 2: Cash Flow Statement 5,6,8,11 4,5,6
Module-2 Chapter 5: Profit or Loss Pre and Post Incorporation 4,6,7 2,4
Chapter 6: Accounting for Bonus Issue and Right Issue 3,4 2,4,5,6
Chapter 7: Redemption of Preference Shares 6,8,9 2,3
Chapter 8: Redemption of Debentures 5,6 2,4
Chapter 9: Investment Accounts 7,8,9,10,11 2,5
Chapter 10: Insurance Claims for Loss of Stock and Loss
3,6,7,9,10,11 3,5,7
of Profit
Chapter 11: Hire Purchase and Instalment Sale
6,8,9,11 2,3
Module-3 Transactions
Chapter 12: Departmental Accounts 3,4,5,6,7 2,4
Chapter 13: Accounting for Branches Including Foreign
6,7,10,11,12,15 3,4,5,6,9
Branches
Chapter 14: Accounts from Incomplete Records 3,4,5,8,9 3,4,5
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Question Paper Pattern
Q no. Marks
Qn 1 Accounting Standards ( 4 Qns x 5Marks = 20marks) Compulsory Qn
a) Answer any 4 out of these 5 questions
Qn 2 to Qn6 One optional Qn is available
b) Q6 - Answer any 4 out 5 ( 4 Qns x 5marks = 20 marks)

Accounting Standards - Past Exam trend

Exam May-23 Nov-22 May-22 Dec-21
1(a) AS-10 1(a) AS-2 1(a) AS-12 1(a) AS-11
1(b) AS-11 1(b) AS-3 1(b) AS-2 1(b) AS-3
Question no 1(c ) AS-12 1(c ) AS-11 1(c ) AS-10 1(c ) AS-13
1(d) AS - 16 1(d) AS - 13 1(d) AS - 16 1(d) AS - 1
6(a) AS -1 - 6(d) AS - 3 -
Total marks 20 16 20 16

PAPER 1: Accounting – Important reference links

RTP Links
Nov 2023 https://resource.cdn.icai.org/75566bos61147-p1.pdf
May 2023 https://resource.cdn.icai.org/73146bos58999-p1.pdf
Nov 2022 https://resource.cdn.icai.org/71215bos57230-p1.pdf
May 2022 https://resource.cdn.icai.org/69587bos55533-p1.pdf

MTP Link https://www.icai.org/post.html?post_id=14586

Suggested answers Links

May 2023 https://resource.cdn.icai.org/75790bos61309-p1.pdf
Nov 2022 https://resource.cdn.icai.org/73254bos559103-inter-p1.pdf
May 2022 https://resource.cdn.icai.org/71480bos57500-p1.pdf
Dec 2021 https://resource.cdn.icai.org/69774bos55738-p1.pdf

ICAI QUICK REVISION REFERENCER https://resource.cdn.icai.org/60367bos49189.pdf

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PAPER 1: ACCOUNTING PAST EXAM ANALYSIS

MAY- NOV- JUN- NOV- MAY- NOV- JAN- JUL- DEC- MAY- NOV- MAY-
NO. CHAPTER
18 18 19 19 20 20 21 21 21 22 22 23
1 PROFIT PRIOR TO 10 12 5 10 5 - 5 12 20 - 10
INCORPORATION
2 MISCELLANEOUS 15 5 10 5 C 12 17 5 20 15 5 5
COMPANY ACCOUNTS
3 CASH FLOW STATEMENT 5 - 10 - A 10 12 5 - 5 - 10

4 INVESTMENT ACCOUNTS 10 10 0 10 N 10 10 20 10 5 10 10

5 HIRE PURCHASE AND - - 10 10 C 8 8 5 8 10 5 15

INSTALLMENT
PURCHASE
6 ACCOUNITNG FOR - 15 12 - E 10 10 10 5 12 10 10
INCOMPLETE RECORDS
7 INSURANCE CLAIM 10 10 10 10 L 10 10 5 10 10 10 5

8 COMPANY FINAL - - - 15 L 5 5 20 5 5 25 10
ACCOUNTS
9 REDEMPTION OF 5 8 - 5 E 10 8 10 5 - 12 5
DEBENTURES
10 DEPARTMENTAL 10 5 - 10 5 10 10 10 8 8 10
ACCOUNTS D
11 ACCOUNTING FOR 10 - 8 - 10 5 10 10 10 10 5
BRANCHES
12 THEORY + FRAMEWORK 5 10 5 - 10 10 5 10 - 10 5
+ AS INTRO

ALL THE BEST!!!