FAR-2 (March 2024) Revision Plan CAF-05

REVISION PLAN FAR-2 MARCH-24

Note:
1. While preparation please ensures that you follow the sequence of concepts
taught in lecture and refer your register for complete coverage of concepts.
2. In addition to plan below please download lecture notes Lecture 1 till last
lecture so that you can watch various screen shots which were attached by
me during whole session.
3. Please watch the topic wise summaries attached in book in the form of tree
diagrams.
4. Lecture number mentioned in these pages is overall lecture number.

1. Pg. 211 Government grant

IAS-38 2. Page 211 Exchange of assets
3. Page 222-223 (SIC-32)
4. Accounting policies Note on Page 226
5. Page 207-231(Go through these pages upto the extent taught in class)
Past Papers Questions
Q. 6,8,9,11,16,18,19

ICAP Study Text Question in our book

Q. 6,7 (Page 282)

Concept building Questions

Q.3 Page 233
Q.7 and 7A Page 235

MCQ’s
8,12,14,22,23,24

 Read Page 583-596 of book (upto the extent taught in class)

IAS 41
Practice Questions
Q. 3,6,7,10,11 (Page 601-604)

Past Paper Questions

Q.1,2

ICAP Study Text Question in our book

Q.4 (Page 619)

Concept building Questions

Q.1,3,5 Page 598-600

MCQ’s
12,13,14,15,16,18,24

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FAR-2 (March 2024) Revision Plan CAF-05

Lease – IFRS 16
No. Scenario Practice Past Papers
Questions Questions
 Read out Pg. No. 35 point 4,5 and 8
 Page 36-66 (Upto the extent taught in class)
 Page 67-69
1. Lessee Books 34,35 13,16
2. Lessor Books(finance lease) 6
3. Manufacture and Dealer Questions 7,9,10,15,18
4. Operating Lease 11,12

Also Solve Q. 12,13,14 (Page 79)

5. Lease is a lease or not 14,16(ii)
7. Calculation of IRR & Lease rentals 26,27,28,29
8. ICAP Study text Questions in our book Q 4, 9 (Page 181 and 183)
9. MCQ’s (5, 8,14,23,24,25,26)
11. Q.18 (Page 81)
12. Q.3 (Volume-2 of book) (Page 756)

 Read Page 463-468 of book (upto the extent taught in class)

IAS 21  Refer handwritten Pg. 1 in book
 Q.4 (Page 741 of Volume-2)

Concept building Questions

1. Q.12 Page 474
2. Q.13 Page 475

Practice Questions
Q. 15,19,20,21,22,26

Past Paper Questions

Q.1

ICAP Study Text Question in our book

Q. 1,4 (Page 508,509)

MCQ’s
2,3,8,9,11,14,16

1. Page 556-563 (Memorise)

Ethics 2. All past papers
3. Ethics How to solve (Page 567)
4. Q. on Page 566
5. MCQ 1,2,3,4,5

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FAR-2 (March 2024) Revision Plan CAF-05

 Summary on Page 312

IAS-12  Read Page 301, Example on Page 303, Example on Page 304,305
 Q.11 (Page 323)
 Q.21-25 Page 329-330
 Q.2,3,4 (Volume-2 of book) (Page 749)

Practice Questions
Q. 11 (Rate change) , Q. 24 (Losses), Q.26 (Borrowing cost),Q.
27(Revaluation),30,32 (Revaluation)

Past Papers Questions

Q. 5,9,10,12,13,14,15,16,17

Q.1 (Page 755 of Volume-2 of book)

MCQ’s
5,8,11,17,21,22

 Read Page 522-531 of book (upto the extent taught in class)

IFRS 08  Page 532 (Disclosure if entity has one operating segment only)
Practice Questions
Q.2 (Page 536)
Past Paper Questions
Q.1,2
ICAP Study Text Question in our book
Q. 1,3 (Page 546,547)
Others
Q.2 (Page 535)
Q.2 (Page 756 of Volume-2 of book)
MCQ’s
2,3,6,14,15,16,17,18

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FAR-2 (March 2024) Revision Plan CAF-05

 Page 633-645 of book (upto taught in class)

IFRS-09  Handwritten Page 1,2,3,4
Concept building Questions
1. Q.4 Page 649
2. Q. 13 Page 656
3. Q.18 Page 659
4. Q.19 Page 661
5. Q.22 Page 666
6. Q.23 Page 667
7. Q.25,25A Page 668,669
8. Q.28 Page 674
9. Q.39 Page 684
10. Q.40 Page 685

Past Paper Questions

Q.1, 2, 3,4,5,6

MCQ’s
1,5,10,14,18,19,20

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FAR-2 (March 2024) Revision Plan CAF-05

 Read page 27 of book

Consolidation  Read page no. 23-26 (upto the extent taught in class)
 Also Refer handwritten notes (Page 2 to 7)

Past Paper Questions

Q 4,5,7

Practice set Questions

Q. 30 (New for you) (Page 108)

Concept building Questions

a) Q.12 Page 49
b) Q.17,18,19,20,21 (Page 64,65)
c) Q.35 Page 81
d) Q.37,38 Page 85

MCQ’s
2,5,8,22,28,30,32,33

 Read Page 213-214 of book (upto extent taught in class)

IAS 28  Handwritten Page 2,3,4
(Associates)
Past Paper Questions
Q. 1,3,4 ,5,6,7,8,9

Concept building Questions

a) Page 233 Q.10
b) Page 239 Q.12
c) Page 241 Q.13

MCQ’s
1,2,10,11,16,18,20,21,22

 Page 314-357 (To the extent taught in class)

IAS 10, 37
Past Papers Questions
Q. 1,2,3,4,5,6,12(i),17,18,20,22

ICAP Study Text Question in our book

Q.2,4,6 (Page 403-405)

Practice Question
Q.8 (Page 364)

MCQ
1,6,7,9,13,14,15,16

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FAR-2 (March 2024) Revision Plan CAF-05

 Read Page 556 (only discussion of 3 lines of transaction costs)

Preparation  Page 560 (LO 8) (Different expenses)
of financial  Read Page 562-576 (Disclosures)
 Page 579 (Offsetting)
statements  Page 585
 3rd Schedule (page 604) and Page 602 Point (1) (b)
 Page 610-616

Past Papers Questions

Q 2,4, 6,8,10,11,12,13,16

Also do Q.2 from Page 739

MCQ’s
5,7,81,19,20,36,37,43,44,45,46

Page 418-485 of Book (Upto the extent taught in class) (including examples)
IFRS-15
Concept building Questions
Q.5,6,9,12,17,18,19,20,21,23 (Page 489-506)

Past Paper Questions

Q.2,3,5,7,8,9,10,11,12,13,14,15

MCQ’s
6,5,13,15,24,27,30,32,34,35,36,37,2,4

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