✅ Analysis of AFM Theory asked in MTP Series 1 & 2 And RTP May 2024

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16 Mark theory asked in descriptive [4Q]
4-6 Mark theory asked in MCQs

Only 1 theory question in each mtp is asked from other chapters which are practical

Rest All theory questions are from 5 main theory chapters.
(Startup Finance, Securitization, Financial Policy & Corporate Strategy, Risk Management, Security Analysis)

Also From other chapter that 1 theory questions asked is from newly added theory topic in ICAI SM 2024
MTP 1 - Derivative - Q.3C - Main types of risk associated with investment in CDOs.
MTP 2 - Mutual fund - Q.3C - Financial measures that help in evaluation of performance of Mutual Fund.

From Main 5 Theory Chapters also ICAI have tested good number questions from new added theory.
MTP 1 - Q. 1C & 3C
MTP 2 - Q.1C & 3C
RTP May 24 - Q.14 & 15

So for your convenience in this 5 Main Theory Chapters Notes also i have specifically written with question which Topic is newly added so you can prioritize it more.

Also refer theory notes in same sequence as i have given it considering important one.

AFM Chapterwise Marks - Trend Analysis
AFM IMP Questions List

✅CA Final | AFM Other Chapters Newly added Theory in ICAI SM 2024 :

👨🏻‍🎓 By CA Divyesh Vaghela

It is advisable to Focus on pure theory chapters only as all questions will be from them. Just one theory question can be asked from other chapters, so for other chapters, focus more on practical.

Still if you want for other chapters theory you can refer only newly added topics as high chances that icai can test from it.

Must Refer this 5 Main Theory Chapters Notes
https://t.me/Divyesh_Vaghela/1199

Analysis of ICAI Latest MTP & RTP May 24

✅CA Final | AFM Theory Colorful Notes :

👨🏻‍🎓 By CA Divyesh Vaghela

☑️ Coverage

➨ Covered 5 Main Theory Chapters
➨ Bolded Imp points & Keywords
➨ All Possible Variations that can be asked given in question form with topic as 'OR'
➨ Newly added theory specifically written

📍It's not summary or only headings notes. it have Exhaustive coverage in a well-presented, formatted, & concise manner.

📡 Refer Other Chapters Newly added Theory in ICAI SM 2024
https://t.me/Divyesh_Vaghela/1198

📍 AFM IMP Questions List
⬅️ AFM Chapterwise Marks - Trend Analysis
⬅️ AFM ICAI BOS MCQs

➡️ Sure Shot Success strategy to clear May 24 Audit Exams by CA Pragnesh Kanabar with revision lectures and free access to Fast Track lectures

All details on this video👇
https://youtu.be/h2ycYph7d-s

Join Pragnesh Sir's telegram channel to get access to all videos and notes👇
https://t.me/taa_final_audit_mcq

Share it with your friends ⬅️

CA Pragnesh Sir is a trusted Pan India Faculty for CA Final Audit....!

➡️ Audit Most Important Topics & Scoring Strategy CA Divyesh Vaghela

Special tips to score maximum marks in question which you don't know!

Must Follow this
https://youtu.be/JIyGepYHRH4

Questionwise paper pattern also shared that from which chapter particular question can be asked. This can be very helpful. do take note of it.

✅CA Final | Audit Important Priority Topics for May 24 :

👨🏻‍🎓 By CA Divyesh Vaghela

⬅️ Audit Common Keywords
(This is the most useful when you don't know answer of any question. write this)
https://t.me/Divyesh_Vaghela/1270

Before Following Important Must Watch this Scoring Strategy - Detailed Guidance

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𝕵𝖔𝖎𝖓 ➨ @Divyesh_Vaghela✅️

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➡️ Some Common Keywords to be used in Audit Paper 

👨🏻‍🎓 By CA Divyesh Vaghela

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- Limitation on scope of audit due to circumstances
- Inquiry of management and TCWG
- Internal control system
- Consider impact on audit opinion as per SA 705
- Alternate audit procedures
- Sufficient and appropriate audit evidence
- Compliance with laws and regulations
- Material misstatement
- Existence and completeness
- Independence, integrity, and objectivity of auditor
- Operating effectiveness of controls
- Auditor's responses to the assessed risks
- Assertions regarding transactions, balances, and disclosure
- Substantive procedures/test of details
- Compliance procedures/test of controls to be used while answering on further audit procedures
- Nature, timing, and extent of audit procedures
- Re-evaluate reliability and integrity of management
- Discuss the matter with those charged with governance
- Going concern considerations
- Analytical review procedures for financial statements and in relation to material transactions

🔗 Must Read - When to use such keywords
https://t.me/Divyesh_Vaghela/1269

⬅️ Audit Important Priority Topics
https://t.me/Divyesh_Vaghela/1271

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𝕵𝖔𝖎𝖓 ➨ @Divyesh_Vaghela✅️

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➡️ DT Most Important Topics & Scoring Strategy by CA Divyesh Vaghela

Special IMP Adjustments | Chapterwise New Course Trend Analyisis

Must Follow this
https://youtu.be/UqXF-qO5BII

Questionwise paper pattern also shared that from which chapter particular question can be asked. This can be very helpful. do take note of it.

✅CA Final | DT Chapterwise Marks - Trend Analysis for May 24

👨🏻‍🎓 By CA Divyesh Vaghela

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Chapterwise Weightage from May 18 to Nov 23
(Included ICAI New Course Weightage also)

⬅️ DT ICAI BOS MCQs
📍 DT Most IMP Topics

✅CA Final | DT Most Important Topics for May 24 Exam :

👨🏻‍🎓 By CA Divyesh Vaghela

➡️ Before Following IMP - Must watch this Strategy video for Detailed Guidance
https://youtu.be/UqXF-qO5BII


⬅️ DT ICAI BOS MCQs
📍 DT Chapterwise Marks - Trend Analysis

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𝕵𝖔𝖎𝖓 ➨ @Divyesh_Vaghela✅️

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✅ Some Last Day Focus Areas for DT Exam by CA Divyesh Vaghela

Make sure you have covered this.

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📍115BAA, BAB Question

📍Capital Gains - 111A, 112A, Slump Sale, Section 50AA

📍AMT Question

📍Co-operative society (Tax rate, 115BAD, 115BAE, 80P, Amt rate - 15%)

📍Deduction u/s 10AA

📍Question on Business trust, Investment Fund

📍Charitable trust / Exit Trust full fledged practical question

📍Deduction - 80JJAA, 80M, 80P

📍Taxation of Life insurance policy - Amendment

📍Online Gaming - 30% rate & Check TDS Sec 194BA

📍TDS - 194BA, 194R, 194S, 194C 194J,194H,194M, 194A,194DA,194N,194O,194P,194Q

📍TCS - Sec 206C(1G), Sec 206C(1H), Sec 206C(1F)

📍Return Filing - 139(1), Updated return

📍Assessment Procedure - 143(1), 143(2), 143(3), 147 TO 153

📍Search & Seizure : - 133A, 132, 132B

📍Black Money Act - ICAI TYK 11 to 15 from ICAI Module Chapter 19

📍Tax Audit and Ethical Compliances - ICAI TYK Questions (Total 7)

📍TP - Secondary Adjustment, Excess Interest, AE Meaning & Methods

📍Equalisation Levy - 165 & 165A , Penalties

📍Non Resident Taxation - Sec 115A, NRI Taxation CH XII-A, Sec 115AD FII Que, POEM, Capital Gain in Foreign currency (TTBR/TTSR), Sec 9, Sec 115BBA

📍DTAA - Que on Sec 90 or 91,
Rule 115 & 128, Deductions (80C, 80CCC, 80D, 80DD, 80QQB, 80RRB, 80TTA, 80TTB)

📍Advance Rulings - BAR (Don’t miss to cover BAR powers)


Already Full Important Topics List was shared earlier where some questions were also given - check it if you haven't
https://t.me/Divyesh_Vaghela/1284

This is mainly for only group 2 students for last day because they might have started studying DT 5-6 days earlier & done with syllabus so these are limited topics from some chapters for last day revision.

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DT All Resources
🔗 DT High Marks Certified Copies (Includes Last attempt 80 Marks & AIR copies)
🔗 Actual Exam MCQs Paper with Solution
💽 DT Scoring Strategy & IMP video
⬅️ DT ICAI BOS MCQs
📍 DT Chapterwise Marks - Trend Analysis

📡 Exemption strategy for CA Inter Audit by CA Pragnesh Kanabar SIr!!

🆓 He has also unlocked his fast track lectures for CA Inter Audit!!!

Check out this video for more details:

https://youtu.be/NcI4nKG76eU

✅CA Final | IDT Most Important Topics for May 24 Exam :

👨🏻‍🎓 By CA Divyesh Vaghela

➡️ My 73 Marks Most Scoring Strategy - Must Watch video
https://youtu.be/EKRJXQZ0yOQ


⬅️ IDT ICAI BOS MCQs
📍 IDT Chapterwise Marks - Trend Analysis

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𝕵𝖔𝖎𝖓 ➨ @Divyesh_Vaghela✅️

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"A Must-Watch Video to Understand ICAI's Level of asking MCQs in Exams"

IDT Actual Exam MCQs with Solution by CA Divyesh Vaghela

MCQs carry 30 marks in exams, so this video will give you an overall idea of how and to what extent ICAI asks MCQs on various concepts.

2 Attempt full mcq paper solution uploaded. also check the pin comment section of video for clarification on some mcq.

⬅️ Nov 22
https://youtu.be/AdnkUpKoKiU

⬅️ May 23
https://youtu.be/69OhWW942jU

Dont miss it! Watch it in 1.5x speed.

✅CA Final | IDT MCQ Paper May 24 (memory based)

👨🏻‍🎓 CA Divyesh Vaghela

This can be useful for upcoming attempt students to get idea about level of exam mcqs.

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Useful resources
⬅️ All subjects Chapterwise Marks - Trend Analysis
📍 ICAI BOS MCQs Booklet
🔗 High Marks Certified Copies
📍 All resources at one place

𝕵𝖔𝖎𝖓 ➨ @Divyesh_Vaghela✅️

➡️ Must Read for IBS Paper - CA Divyesh Vaghela

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In the exam, if ICAI wants to repeat a question, they will do it from their New 15 Case Study or 3 Journal Case Studies or possibly from the Old course Multidisciplinary Case Study Digest.

But, make yourself ready for new questions as well.

If you get any question, you can try to find the same from ICAI Module.

Must carry the ICAI Module with you, especially for Theory subjects.
Avoid summary notes, because we never know from which part ICAI can ask questions, and if you have exhaustive material, then you can find all questions from it.

For practical subject questions, ICAI can ask same questions from TYK & Illustrations given in the Module. So, for that also, take the module.

For theory subject questions, you can easily identify the same topic from the ICAI module.

In the Exam, Follow this for New Theory Questions.
First, identify the subject of the descriptive question, then try to find which chapter it belongs to. Then, come to the ICAI module index and search for the topic asked in the question.

Before going to the exam, have a look at the ICAI Module index for theory subject & for practical get idea of each chapter so that you can identify the chapter names & questions (practical TYK & Illustration) quickly during the exam.

Also, take a Separate print of the ICAI Module Index so that you can quickly find the same without opening modules.
Here, I have given all the ICAI Module Index.
https://t.me/Divyesh_Vaghela/1320

Law, SCMPE, Audit - Must take print of this ICAI Module index separately

I know you have to carry so many materials, but try to arrange everything in simple manner now, like you can attach the various Sticky notes for your ease.

✅ IBS - Important Exam Tips by CA Divyesh Vaghela :

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➨ Don't waste too much time finding a similar case study. It shouldn't happen that questions are new but direct & easy, and content of the same could be easily found in ICAI module/other material you carry, but you run out of time.

Allocate a maximum 25 minutes overall to find a similar case studies.

➨ If it's new, first identify subject of question, then try to find which chapter it belongs to & then refer the ICAI module for the same.

➨ For Theory questions, search for the topic asked in the question from ICAI module index.

➨ For Practical questions, it's possible that it is taken from ICAI questions only. If unsure, quickly go through illustrations & TYK of relevant chapter.

➨ I believe ICAI will repeat some case studies from New 15 Case Study or 3 Journal CS or possibly from Old course Multidisciplinary Case Study Digest. Make sure to carry the same.

Also Earlier ICAI have revised some case study ques (of New 15 Case Study) without giving any notification. I have given update on this before also, so Ensure you have the latest one downloaded, which I have also compiled  - here

➨ If any question is new & you can't answer, don't leave it completely blank. Write other relevant content of same topic & provide analysis, especially for theory.

➨ It's crucial to attempt 100% of the paper. Don't think that if you've found all the answers, it's okay to leave some marks of paper.

➨ In this exam, ICAI don't always give marks as per our expectations. I also expected 75 in eco law but ended up scoring 67. So this happens in open book paper.

Sometimes ICAI don't give full marks, but attempting full paper increases your chances of getting marks and this can really help you to score exemption.

From the start keep the same pace as paper will be very lengthy, so target to complete one case study in 50 minutes.

➨ To save time, Carry ICAI Module Index separately so that you won't need to open bulky module again & again during the exam.
https://t.me/Divyesh_Vaghela/1320

Paper pattern - have to attempt 4 CS out of 5
MCQs 40 Marks - have to attempt in OMR

Just one last time! Give it your best shot 💪✨

All the Best!