Examiner Comments ke mutabiq FAR / Financial Accounting and Reporting-I mai students ka sab se bara issue sirf concepts ka weak hona nahi, balkay selective preparation, incomplete workings, poor presentation aur exam technique ki weakness hai. Examiner comments mai repeatedly yeh point highlight hua hai ke students kuch familiar topics par acha score kar lete hain, lekin unfamiliar ya lengthy questions ko skip kar dete hain, jis ki wajah se overall result affect hota hai.
FAR mai answer sirf final figure likhne ka paper nahi hai. Is subject mai examiner expect karta hai ke student proper working, clear format, IFRS treatment, calculation trail aur required explanation ke sath answer present kare. Agar working disorganized ho ya answer incomplete ho, to partial marks milna mushkil ho jata hai.
Note: Is article mai diye gaye tamam points ICAP Examiner Comments se derive kiye gaye hain aur students ki better understanding ke liye summarize aur rephrase kiye gaye hain.
FAR Mai Fail Hone Ki Major Reasons
| Common Reason | Explanation |
|---|---|
| Selective preparation karna | Students kuch selected chapters prepare karte hain, lekin FAR paper full syllabus se test hota hai. Examiner comments ke mutabiq selective study ki wajah se students kuch questions mai zero marks le lete hain. |
| Incomplete workings dena | FAR mai final answer ke sath proper workings zaroori hoti hain. Agar calculation ka clear audit trail na ho to examiner partial marks easily award nahi kar pata. |
| Presentation weak hona | Disorganized answers, unnecessary workings aur poor formatting ki wajah se marks lose ho jate hain. |
| Time management poor hona | Students lengthy questions end par attempt karte hain, jahan time kam reh jata hai aur answer incomplete ho jata hai. |
| Question requirement properly na parhna | Kabhi question note demand karta hai, kabhi journal entries, kabhi statement extract aur kabhi explanation; students aksar required format miss kar dete hain. |
| IAS / IFRS application weak hona | IAS 8, IAS 16, IAS 20, IAS 23, IAS 36, IAS 40, IAS 33 aur IAS 7 ke treatments mai students common mistakes karte hain. |
| Calculations mai small mistakes | Borrowing cost period, depreciation, impairment, revaluation, EPS adjustment aur cash flow reconciliation mai choti mistakes se marks lose hotay hain. |
| Explanation na dena | Jab question “briefly respond”, “discuss” ya “explain” demand karta hai, students single-line answer likh dete hain, jis se full marks nahi milte. |
| Ratio analysis ko properly explain na karna | Students ratio compute kar lete hain, lekin difference ki reason scenario ke mutabiq explain nahi karte. |
| Cash flow aur statement of changes in equity weak hona | Cash flow mai adjustments, working capital changes, tax/interest paid aur SCIE mai prior period errors, dividends, bonus/right issue treatment mai errors common hain. |
Examiner Comments Se Key Observations
Examiner Comments ke mutabiq FAR ka result 30% tha. Comments mai incomplete aur selective preparation, disorganized answers, excessive/unnecessary workings aur ineffective time management ko major issues bataya gaya. Short questions mai significant proportion of students ne zero marks secure kiye, jab ke same questions par kuch students full marks bhi le rahe thay.
examiner ne note kiya ke answer scripts ki quality vary karti rahi. Kuch students ne 80s aur 90s tak marks liye, lekin selective study ka trend still evident tha. Examiner ne yeh bhi highlight kiya ke jo students all nine questions attempt karte hain un ke pass hone ke chances zyada hotay hain, jab ke aik ya do questions leave karna success probability ko significantly reduce kar deta hai.
FAR Mai Common Topic-Wise Mistakes
Borrowing Costs – IAS 23
Students borrowing cost calculate karte waqt capitalization period, specific borrowing aur general borrowing ka treatment mix kar dete hain. Surplus funds par investment income ko deduct nahi kiya jata, aur government grant ya available funds ke impact ko calculation mai properly adjust nahi kiya jata.
Statement of Cash Flows – IAS 7
Cash flow questions mai students operating, investing aur financing activities ki classification mai mistakes karte hain. Interest paid, interest payable, tax paid, working capital changes, depreciation, gain/loss on disposal aur provision adjustments ko properly reconcile nahi kiya jata.
Ratio Analysis
Students ratios calculate kar lete hain, lekin unki explanation weak hoti hai. Examiner sirf formula nahi, balkay business reason aur comparison demand karta hai. Ratio analysis mai scenario ke facts ko explanation ke sath connect karna zaroori hota hai.
Government Grants – IAS 20
Government grants mai students deferred income method, asset-related grant, income-related grant, grant repayment aur government assistance ka treatment confuse kar dete hain. Grant repayment ko correct accounting treatment ke sath explain na karna bhi common mistake hai.
Changes in Accounting Policy and Errors – IAS 8
Students change in accounting policy, change in estimate aur prior period error mai difference properly identify nahi karte. Retrospective restatement, opening retained earnings adjustment, comparative figures aur profit impact ko galat year mai present karna common issue hai.
Not-for-Profit Organizations
NPO questions mai students restricted contributions, endowment funds, deferred contributions, donated assets, inventory measurement aur fund accounting ka treatment properly apply nahi karte. Income and expenditure statement aur statement of financial position mai classification errors common hain.
Property, Plant and Equipment – IAS 16
PPE mai students depreciation, revaluation, disposal, accumulated depreciation, revaluation surplus transfer aur remaining useful life ka treatment confuse kar dete hain. Disposal date tak depreciation charge na karna aur revaluation surplus ka proper transfer miss karna common mistake hai.
Impairment of Assets – IAS 36
Impairment mai carrying amount, recoverable amount, value in use aur fair value less costs of disposal ka treatment mix ho jata hai. Students future cash flows, discount rate, current condition of asset aur impairment indicators ko properly apply nahi karte.
Investment Property – IAS 40
Investment property mai students owner-occupied property aur investment property ka difference confuse karte hain. Transfers, fair value model, cost model, gain/loss recognition aur depreciation treatment mai mistakes hoti hain, especially jab property use change hota hai.
Statement of Changes in Equity
SCIE mai students opening balance restatement, dividends, bonus issue, right issue, transaction costs, share premium aur retained earnings adjustments mai mistakes karte hain. Comparative figures ko properly restate na karna bhi common error hai.
Presentation and Workings
FAR mai final answer ke sath proper workings bohat important hoti hain. Disorganized workings, missing headings, unclear calculations aur unnecessary lengthy working ki wajah se examiner ko answer ka trail samajhne mai difficulty hoti hai, jis se partial marks lose ho jate hain.