ca final – strategic financial management new …

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CA Vinod Kumar Agarwal, A.S. Foundation, Pune 9667671155, 9766921860 1.1 CA FINAL SFM NEW COURSE JULY 2021 EXAM PAPER CA FINAL – STRATEGIC FINANCIAL MANAGEMENT NEW COURSE – JULY 2021- EXAM PAPER REVIEW By CA Vinod Kumar Agarwal Questions No. 1 is compulsory. Candidates are required to answer any four questions from the remaining five questions. Working notes should form part of the respective answers. Time Allowed – 3 Hours Maximum Marks – 100 Teacher’s Comment: Most of the questions are from past examinations. Students with good conceptual clarity can easily solve the entire paper. It was one of the easiest paper in recent times. Questions have been covered from almost all chapters. QUESTION : 1 1 [a] (International Capital Budgeting) (Nov 2014 exam, May 2017 exam, RTP Nov 2018) [a] A US based company is planning to set up a subsidiary company in India (where so far it was exporting) in view of growing demand for its product and competition from other US based companies. The initial project cost consisting of plant and machinery including installation is estimated to be US$ 490 million. The net working capital requirements are estimated at US$ 60 million. The company follows straight line method of depreciation. Currently, the company is exporting two million units every year at a unit price of US$ 90, its variable cost per unit being US$ 50. The CFO of the Company has estimuted the following operating cost and other data in respect of proposed project: (i) Variable operating cost will be US $ 30 per unit production; (ii) Additional cash fixed cost will be US $ 30 million p.a. and project’s share of allocated fixed cost will be Us $ 3 million p.a. based on principle of ability to share; (iii) Expected useful life of the proposed plant is five year with no salvage value; (iv) Production capacity of the proposed project in India will be 5 million units; (v) Existing working capital investment for production and sale of two million units through exports was US $ 25 million; (vi) Export of the product in the coming year will decrease to 1.5 million units, provided the company does not set up subsidiary company in India, in view of the presence of competing other US based companies that are in the process of setting up their subsidiaries in India; (vii) Applicable Corporate Income Tax rate is 35%, and (viii) Required rate of return for such project is 12%. Assuming that there will be no variation in the exchange rate of two currencies and all profits will be repatriated as there will be no withholding tax, Estimate Net Present Value of the proposed project in India and give your advice. Present Value Interest Factors (PVIF) @ 12% for five years is as below : Year 1 2 3 4 5 PVIF 0.8929 0.7972 0.7118 0.6355 0.5674 [8 Marks] 1 [b] Derivatives Future – November 2007 Exam [b] Following information is available for consideration :

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Page 1: CA FINAL – STRATEGIC FINANCIAL MANAGEMENT NEW …

CA Vinod Kumar Agarwal, A.S. Foundation, Pune 9667671155, 9766921860

1.1

CA FINAL – SFM – NEW COURSE JULY 2021 EXAM PAPER

CA FINAL – STRATEGIC FINANCIAL MANAGEMENT NEW COURSE – JULY 2021- EXAM PAPER

REVIEW By CA Vinod Kumar Agarwal

Questions No. 1 is compulsory. Candidates are required to answer any four questions from the remaining five questions.

Working notes should form part of the respective answers. Time Allowed – 3 Hours Maximum Marks – 100

Teacher’s Comment: ● Most of the questions are from past examinations. ● Students with good conceptual clarity can easily solve the entire paper. ● It was one of the easiest paper in recent times. ● Questions have been covered from almost all chapters.

QUESTION : 1

1 [a] (International Capital Budgeting) (Nov 2014 exam, May 2017 exam, RTP Nov 2018)

[a] A US based company is planning to set up a subsidiary company in India (where so far it was exporting) in view of growing demand for its product and competition from other US based companies. The initial project cost consisting of plant and machinery including installation is estimated to be US$ 490 million. The net working capital requirements are estimated at US$ 60 million. The company follows straight line method of depreciation. Currently, the company is exporting two million units every year at a unit price of US$ 90, its variable cost per unit being US$ 50. The CFO of the Company has estimuted the following operating cost and other data in respect of proposed project: (i) Variable operating cost will be US $ 30 per unit production; (ii) Additional cash fixed cost will be US $ 30 million p.a. and project’s share of allocated fixed cost

will be Us $ 3 million p.a. based on principle of ability to share; (iii) Expected useful life of the proposed plant is five year with no salvage value; (iv) Production capacity of the proposed project in India will be 5 million units; (v) Existing working capital investment for production and sale of two million units through exports

was US $ 25 million; (vi) Export of the product in the coming year will decrease to 1.5 million units, provided the company

does not set up subsidiary company in India, in view of the presence of competing other US based companies that are in the process of setting up their subsidiaries in India;

(vii) Applicable Corporate Income Tax rate is 35%, and (viii) Required rate of return for such project is 12%.

Assuming that there will be no variation in the exchange rate of two currencies and all profits will be repatriated as there will be no withholding tax, Estimate Net Present Value of the proposed project in India and give your advice. Present Value Interest Factors (PVIF) @ 12% for five years is as below :

Year 1 2 3 4 5 PVIF 0.8929 0.7972 0.7118 0.6355 0.5674

[8 Marks] 1 [b] Derivatives Future – November 2007 Exam

[b] Following information is available for consideration :

Page 2: CA FINAL – STRATEGIC FINANCIAL MANAGEMENT NEW …

CA Vinod Kumar Agarwal, A.S. Foundation, Pune 9667671155, 9766921860

1.2

CA FINAL – SFM – NEW COURSE JULY 2021 EXAM PAPER

BSE Index 25,000 Value of Portfolio ` 50,50,000 Risk Free Interest Rate 9% p.a Dividend yield on Index 6% p.a. Beta of portfolio 1.5

We assume that a future contract on the BSE Index with 4 months maturity is used to hedge the value of portfolio over next 3 months. One future contract is for delivery of 50 times the index. Based on the above information, calculate : (i) Price of future contract.

(ii) The gain on short futures positon if index turns out to be 22,500 in three months. [8 Marks] [c] THEORY QUESTION State the strategy at different hierarchy levels. [4 Marks]

QUESTION : 2

2 [a] Portfolio Beta and NIFTY FUTURE (Nov 2013 exam, May 2017 exam and RTP Nov 2017)

[a] Mr. X is having a portfolio of shares worth ` 170 lakhs at current price and cash ` 30 lakhs. The beta of share portfolio is 1.6. After 3 months the price of shares dropped by 3.2%. Determine : (i) Current portfolio beta. (ii) Portfolio beta after 3 months if Mr. X on current date goes for long positon on ` 200 lakhs Nifty

futures. [8 Marks]

2[b] INTEREST RATE SWAP ( November 2008 exam, November 2010 exam, March 2021 MTP)

[b] P Ltd a dealer quotes ‘All-in-cost’ for a generic swap at 6% against six months LIBOR flat. If the Notional principal amount of swap is ` 8.00.000 : (i) Calculate semi-annual fixed payment. (ii) Find the first floating rate payment for (i) above if the six month period from the effective date of

swap to the settlement date comprises 181 days and that the corresponding LIBOR was 5% on the effective date of swap. (Consider up to three decimal places).

(iii) In question number (ii) above, if the settlement is on ‘Net’ basis, how much the fixed rate payer would pay to the floating rate payer ?

NOTE : Generic swap is based on 30/360 days basis. [8 Marks]

[c] Describe the main features of Value-at-Risk (VAR).

QUESTION : 3

3 [a] Valuation of Shares and Income Statement (Nov 2009 exam, Nov 2012 exam, May 2019 exam)

[a] Following financial data are available of RK Ltd., for the year ended on 31-03-2020: Particulars ` (in Million) 8% Debenture 125 10% Bonds 50 Equity Sahres of ` 10 each 100 Reserves and Surplus 300

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CA Vinod Kumar Agarwal, A.S. Foundation, Pune 9667671155, 9766921860

1.3

CA FINAL – SFM – NEW COURSE JULY 2021 EXAM PAPER

Total Assets 600 Assets Turnover Ratio 1.1 Effective Interest Rate 8% Effective Tax Rate 40% Operating Margin 10% Dividend pay-out ratio 16.67% Required rate of return by investors 15% Current market price of share ` 14

You are required to : (i) Prepare the income statement of RK Ltd., for the year ended on 31-03-2020. (ii) Calculate the sustainable growth rate. (iii) Find out the fair price of the company’s share using dividend discount model. (iv) Advice whether the share is under-priced or overpriced. [8 Marks]

3 [b] FOREX – Currency of Invoicing

[b] XP Pharma Ltd., has acquired an export order for ` 10 Million for formulation to a European company. The Company has also planned to import bulk drugs worth ` 5 million from a company in UK. The proceeds of exports will he realized in 3 month, from now and the payments for imports will he due after 6 months from now. The invoicing of these exports and imports can he done in any currency i.e. Dollar, Euro or Pounds sterling at company’s choice. The following market quotes are available.

Spot Rate Annualised Premium

Rs / $ 67.10/67.20 $ - 7% Rs / Euro 63.15/63.20 Euro - 6% Rs/ Pound 88.65/88.75 Pound - 5%

Advice XP Pharma Ltd. about invoicing in which currency. (Calculation should be upto three decimal places). [8 Marks]

3 [c] Theory question - Venture Capital Financing

[c] Explain Indicative Risk Matrix of each stages of funding for Venture Capital Financing. [4 Marks]

QUESTION : 4

4 [a] Mutual Fund – Calculation of Effective Yield (November 2004 exam, Nov 2016 exam)

[a] Mr. K has invested in three Mutual fund schemes as per details below : Scheme A Scheme B Scheme C Date of Investment 01-12-2018 01-01-2019 01-03-2019 Amount of Investment ` 5,00,000 ` 10,00,000 ` 5,00,000 Net Asset Value at entry date ` 10.50 ` 10.00 ` 10.00 Dividend received up to 31-03-2019 ` 9,500 ` 15,000 ` 5,000 NAV as at 31-3-2019 ` 10.40 `10.10 ` 9.80

You are required to calculate the effective yield on per annum basis in respect of each of the three schemes to Mr. K upto 31-3-2019, taking the year consisting of 365 days.

Provide a brief comment on the course of action he should take for future period. (Calculation should be upto three decimal places) [8 Marks]

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CA Vinod Kumar Agarwal, A.S. Foundation, Pune 9667671155, 9766921860

1.4

CA FINAL – SFM – NEW COURSE JULY 2021 EXAM PAPER

4 [b] Bond Valuation – Convertible Bonds – (Nov 2008 exam, November 2011, May 2014 exam, RTP 2017 and many more exams)

[b] The data given below relates to convertible bond of Hi-Fi Ltd.: Face value ` 2,500 No. of shares per bond 20 Coupon rate 12% Market price per share ` 120 Market price of convertible bond ` 2,650 Straight value of bond ` 2,350

You are required to calculate the following : (i) Conversion value of bond. (ii) The percentage of downside risk. (iii) The conversion premium

(iv) Conversion parity price of the stock and also interpret the results. [8 Marks] 4 [c] Theory Question

[c] Explain Pitch Presentation. List the methods for approaching a Pitch Presentation. [4 Marks]

QUESTION : 5 5 [a] Business and Corporate Valuation (June 2009 exam, Nov 2012 exam and many more exams)

[a] Excellent Ltd., reported a profit of ` 154 lakhs after 30% tax for the financial year 2019-20. An analysis of the accounts revealed that there is an extraordinary loss of ` 20 lakhs and the income included the extraordinary items of ` 16 lakhs. The existine operation, except for the extraordinary items, are expected to continue in the future. In addition, the results of the launch of a new product are expected to be as follows :

` in lakhs

Sales 140 Material costs 40 Labour costs 24 Fixed costs 20

You are required to : (i) Calculate the value of the business, given that the capitalization rate is 14%. (ii) Determine the market price per equity share, with Excellent Ltd’s share capital being comprised of

2,00,000 at 13% preference shares of ` 100 each and 100,00,000 equity shares of ` 10 each and the P/E ratio being 12 times. (Ignoring Corporate Dividend Tax). [8 Marks]

5 [b] Portfolio Management – Portfolio Beta (May 2008 exam)

[b] A company has a choice of investments between several different equity oriented mutual funds. The company has an amount of ` 100 lakhs to invest. The details of the mutual funds are as follows . Mutual Funds A B C D E Beta 1.5 1.0 0.8 2.0 0.7

PLAN I If the company invests 20% of its investments in each of the first two mutual funds (A and B) and balance in equal amounts in the mutual funds C, D and E, what is the beta of the portfolio ?

Page 5: CA FINAL – STRATEGIC FINANCIAL MANAGEMENT NEW …

CA Vinod Kumar Agarwal, A.S. Foundation, Pune 9667671155, 9766921860

1.5

CA FINAL – SFM – NEW COURSE JULY 2021 EXAM PAPER

PLAN II If the company invests 15% of its investment in C, 15% in A, 10% in E and the balance in equal amounts in the other two mutual funds, what is the beta of the portfolio ? If the expected return of market portfolio is 12% at a beta factor of 1.0, what will be the expected return on the portfolio in both the plans given above ? [8 Marks]

5 [c] Theory Question - Securitisation

[c] State the problems faced in growth of securitization instruments in Indian context. [4 Marks]

QUESTION : 6 6 [a] Mergers and Acquisition – Calculation of Net gain from Acquisition (Similar Question in May

2014,May 2019 exam)

[a] Long Ltd.. is planning to acquire Tall Ltd.. with the following data available for both the companies :

Long Ltd. Tall Ltd. Expected EPS ` 12 ` 5 Expected DPS ` 10 ` 3 No. of Shares 30,00,000 18,00,000 Current Market Price of Share ` 180 ` 50

As per an estimate Tall Ltd., is expected to have steady growth of earnings and dividends to the tune of 6% per annum. However, under the new management the growth rate is likely to be enhanced to 8% per annum without additional investment. You are required to : (i) Calculate the net cost of acquisition by Long Ltd., if ` 60 is paid for each share of Tall Ltd. (ii) If the agreed exchange ratio is one share of Long Ltd., for every three shares of Tall Ltd., in lieu of

the cash acquisition as per (i) above, what will be the net cost of acquisition ? (iii) Calculate Gain from acquisition. [8 Marks]

6[b] Buyback of Shares (November 2010 exam, November 2017 and many other exams)

[b] SK Ltd.. has a surplus cash of ` 150 lakhs and wants to distribute 30% of it to the shareholders. The company decided to buy-back shares. The company estimates that its share price after the buy-back is likely to be 15% above the buy-back price. The number of shares outstandind at present is 15 lakhs and the current EPS is ` 4.

You are required to determine :

(i) The price at which the shares can be bought-back, if the market capitalization of the company should be ` 400 lakhs after buy- back.

(ii) The number of shares that can be bought-back, and (iii) The impact of this buy-back on the EPS, assuming that the net income remains the same.

[8 Marks]

6 [c] Theory Question

[c] Define Interest Rate Swaption. State its principal features. [4 Marks] OR Describe Tracking error. List the reasons for it.

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SN Subject Pattern Faculty Language Durations (hrs.) Validity

1.2 Views Cloud & eBooks

Validity 1.2 Views Cloud & Books

1.2 Views Pendrive &

Books

1.5 Views Cloud

& Books

1.5 Views Pendrive &

Books

1. FINANCIAL REPORTING [FR] Regular CA Vinod Kumar Agarwal English 316 9 Months ₹ 6,000 1 Year ₹ 12,000 ₹ 13,000 ₹ 15,000 ₹ 17,000

2. Regular CA Vinod Kumar Agarwal Hindi 330 9 Months ₹ 6,000 1 Year ₹ 12,000 ₹ 13,000 ₹ 15,000 ₹ 17,000

3. Revision CA Vinod Kumar Agarwal English 121 6 Months ₹ 3,500 6 Months - - ₹ 7,000 ₹ 8,000

4. STRATEGIC FINANCIAL MANAGEMENT (SFM) Regular CA Vinod Kumar

Agarwal English 320 9 Months ₹ 6,000 1 Year ₹ 10,000 ₹ 11,000 ₹ 13,100 ₹ 14,500

5. CA Vinod Kumar Agarwal Hindi 282 9 Months ₹ 6,000 1 Year ₹ 10,000 ₹ 11,000 ₹ 13,100 ₹ 14,500

6. Revision CA Vinod Kumar Agarwal English 85 6 Months ₹ 3,500 6 Months - - ₹ 6,400 ₹ 7,000

7. CA Vinod Kumar Agarwal Hindi 90 6 Months ₹ 3,500 6 Months - - ₹ 6,400 ₹ 7,000

8. ADVANCED AUDITING & PROFESSIONAL ETHICS [AUDIT] Regular CA Aarti Lahoti English 145 - - 1 Year ₹ 10,500 ₹ 11,000 11100

[1.5 Views] 11800

[1.5 Views]

9. 36 Hour Revision CA Aarti Lahoti English 40 - - 6 Months - - ₹ 6,000 ₹ 7,000

10. Marathon Revision CA Aarti Lahoti English 28 - - 6 Months - - ₹ 2,500 ₹ 2,800

11. AUDIT - ONLY PROFESSIONAL ETHICS Topic CA Aarti Lahoti English 15 - - 6 Months - - ₹ 2,200 ₹ 2,500

12. AUDIT – MCQ DISCUSSION Regular CA Aarti Lahoti English - - - 1 Year - - 1000 [1.8 Views]

1400 [1.8 Views]

13. AUDIT - STANDARDS ON AUDIT [SAS] Topic CA Aarti Lahoti English 38 - - 1 Year - - ₹ 5,700 ₹ 6,000

14. AUDIT - STANDARDS ON AUDIT [SAS] + PROFESSIONAL ETHICS Topic CA Aarti Lahoti English 53 - - 1 Year - - ₹ 6,600 ₹ 7,000

15. FR - FULL IND AS Regular CA Vinod Kumar Agarwal English 275 9 Months ₹ 5,800 1 Year ₹ 11,800 ₹ 12,800 ₹ 14,000 ₹ 15,000

16. SFM - ONLY PORTFOLIO, DERIVATIVE & FOREX TOPICS Regular CA Vinod Kumar

Agarwal English 70 9 Months ₹ 2,000 1 Year - - ₹ 3,500 ₹ 4,500

17. SFM - ONLY PORTFOLIO, DERIVATIVE & FOREX TOPICS Revision CA Vinod Kumar

Agarwal English 42 6 Months ₹ 1,000 6 Months - - ₹ 2,000 ₹ 2,500

18. FR - IND AS Revision CA Vinod Kumar Agarwal English 75 6 Months ₹ 3,000 6 Months ₹ 3,500 ₹ 4,000 ₹ 4,300 ₹ 5,000

19. FR - IND AS 12 Topic CA Vinod Kumar Agarwal English 9 - - 1 Year - - ₹ 500 ₹ 1,000

20. FR - IND AS 16 Topic CA Vinod Kumar Agarwal English 9 - - 1 Year - - ₹ 500 ₹ 1,000

21. FR - IND AS 28 Topic CA Vinod Kumar Agarwal English 10 - - 1 Year - - ₹ 500 ₹ 1,000

22. FR - IND AS 32,107,109 - FINANCIAL INSTRUMENT Topic CA Vinod Kumar

Agarwal English 47 - - 1 Year - - ₹ 1,500 ₹ 1,800

23. FR - IND AS 36 Topic CA Vinod Kumar Agarwal English 8 - - 1 Year - - ₹ 500 ₹ 1,000

24. FR - IND AS 38 Topic CA Vinod Kumar Agarwal English 7 - - 1 Year - - ₹ 500 ₹ 1,000

25. FR - IND AS 40 Topic CA Vinod Kumar Agarwal English 4 - - 1 Year - - ₹ 500 ₹ 1,000

26. FR - IND AS 41 Topic CA Vinod Kumar Agarwal English 3 - - 1 Year - - ₹ 500 ₹ 1,000

27. FR - IND AS 101 Topic CA Vinod Kumar Agarwal English 3 - - 1 Year - - ₹ 500 ₹ 1,000

28. FR - IND AS 102 Topic CA Vinod Kumar Agarwal English 12 - - 1 Year - - ₹ 500 ₹ 1,000

29. FR - IND AS 103 – BUSINESS COMBINATION Topic CA Vinod Kumar

Agarwal English 28 - - 1 Year - - ₹ 2,200 ₹ 2,500

30. FR - IND AS 110 - CONSOLIDATED FINANCIAL STATEMENT

Topic CA Vinod Kumar Agarwal English 28 - - 1 Year - - ₹ 2,700 ₹ 3,000

31. FR – IND AS 115 – REVENUE FROM CONTRACTS WITH CUSTOMERS Topic CA Vinod Kumar

Agarwal English 11 - - 1 Year - - ₹ 800 ₹ 1,000

32. FR - IND AS 116 – LEASE ACCOUNTING Topic CA Vinod Kumar

Agarwal English 14 - - 1 Year - - ₹ 800 ₹ 1,000

33. SFM - BOND VALUATION Topic CA Vinod Kumar Agarwal English 20 - ₹ 500 1 Year - - ₹ 1,000 ₹ 1,500

34. SFM - BUSINESS VALUATION Topic CA Vinod Kumar

Agarwal English 8 - ₹ 500 1 Year - - ₹ 1,000 ₹ 1,500

35. SFM - DERIVATIVES TOPIC Topic CA Vinod Kumar Agarwal English 35 9 Months ₹ 500 1 Year - - ₹ 1,700 ₹ 2,000

36. SFM - FOREX TOPIC Topic CA Vinod Kumar Agarwal English 31 9 Months ₹ 500 1 Year - - ₹ 1,600 ₹ 2,000

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Sr. SUBJECT Pattern Faculty Language Durations (hrs.) Validity

1.2 Views Cloud & eBooks

Validity 1.2 Views Cloud & Books

1.2 Views Pendrive &

Books

2.0 Views Cloud

& Books

2.0 Views Pendrive &

Books

37. SFM - MERGERS AND ACQUISITIONS Topic CA Vinod Kumar Agarwal English 9 - ₹ 500 1 Year - - ₹ 1,000 ₹ 1,500

38. SFM - PORTFOLIO MANAGEMENT TOPIC Topic CA Vinod Kumar

Agarwal English 27 9 Months ₹ 500 1 Year - - ₹ 1,600 ₹ 2,000

39. SFM - VALUATION OF SHARES Topic CA Vinod Kumar Agarwal English 7 - ₹ 500 1 Year - - ₹ 1,000 ₹ 1,500

40. SFM - VALUE AT RISK Topic CA Vinod Kumar Agarwal English 3 - ₹ 500 1 Year - - ₹ 1,000 ₹ 1,500

41. CORPORATE & ECONOMICS LAWS Regular CA Amit Bachhawat Hindi+Eng. 90 - - - ₹ 8075

(Mobile/ cloud)

₹ 8500 (Laptop) - -

42. CA Neelamkumar Bhandari Hindi 120 - - - - - 7500

(1.8 Views) 8500

(1.8 Views)

43. CA Padma Jain English 110 - - - - - - ₹ 9,300

44. CA Shivangi Agarwal Hindi+Eng. 122 - - 1 Year - - 4000

(3 Views) 5000

(3 Views)

45. CA Shivangi

Agarwal English 115 - - 1 Year - - 5000 (3 Views) -

46. CA Arpita Tulsyan English

(old & New) 100 - - - ` 7,700 1.5 View

(6 Months)

` 8,700 1.5 View

(6 Months)

` 9,700 2.5 View

(12 Months)

` 10,700 2.5 View

(12 Months)

47. CA Arpita Tulsyan Hinglish

(old & New) 150 - - - ` 7,700 1.5 View

(6 Months)

` 8,700 1.5 View

(6 Months)

` 9,700 2.5 View

(12 Months)

` 10,700 2.5 View

(12 Months)

48. Fast-Track CA Arpita Tulsyan English

(old & New) 65 6 Months - - ` 5,200 1.5 View

` 6,200 1.5 View

49. CORPORATE LAW Regular CA Neelamkumar Bhandari Hindi 75 - - - - - 4000

(1.8 Views) 4500

(1.8 Views)

50. CORPORATE & ECONOMICS LAWS Regular CA Darshan Khare Hinglish (old & New)

55 (180 Hrs) - - -

` 9,500 1.5 View

(6 Months)

` 10,000 1.5 View

(6 Months)

` 14500 2 View

(6 Months)

` 15,000 2 View

(6 Months)

51. CORPORATE & ECONOMICS LAWS Regular CA Darshan Khare Hinglish (old & New)

55 (180 Hrs) - - -

` 12,000 1.5 View

(12 Months)

` 12,500 1.5 View

(12 Months)

` 17500 2 View

(12 Months)

` 18000 2 View

(12 Months)

52. CORPORATE & ECONOMICS LAWS FASTTRACK CA Darshan Khare Hinglish (old & New)

35 (120 Hrs) - - -

` 7,000 1.5 View

(6 Months)

` 7,500 1.5 View

(6 Months) ` - ` -

53. CORPORATE & ECONOMIC LAWS Regular CA A.K.S.Krishnan English 70 - - - 9,500

(5 Views) 6 Months

-

54. FINANCIAL REPORTING [FR] Regular CA Amit Samriya English 222 - - 1 year - - 11,300 ₹ 12,200

55. CA Anand Bhangariya English 194 - - 1 Year - - ₹ 12,000 ₹ 13,000

56. CA M K Jain English 160 - - - - - - ₹ 9,300

57. Revision CA Amit Samriya English 45 - - - - - ₹ 6,300 ₹ 7,000

58. Regular CA Vinesh Savla English 350* - - 1 year - - ₹ 9,800 ₹ 10,500

59. Fast-Track CA Vinesh Savla Hinglish 76 - - 1 year - - ₹ 4,500 ₹ 5,000

60. STRATEGIC FINANCIAL MANAGEMENT (SFM) Regular CA Archana Khetan English 200 - - - - - 14500

(1.8 Views) 15000

(1.8 Views)

61. CMA Chander Dureja

English – May 21 140 - - - - - ₹ 7,000 ₹ 7,400

62. CMA Chander Dureja

English – Nov 21 140 - - - - - ₹ 9,000 ₹ 9,400

63. CA Kanwarpreet Singh Jassal Hindi+Eng. 135 - - - - - - ₹ 17,000

64. CA M K Jain English 110 - - - - - - ₹ 9,300

65. CA Pravin Mahajan Hindi 183 - - - - - ₹ 11,100 ₹ 11,400

66. CA Sanjay Khemka Hindi+Eng. 240 - ₹ 9750

(1.8 Views) (6 Months)

₹ 10875 (1.8 Views) (6 Months)

₹ 10875 (2.0 Views) (12 Months)

₹ 12000 (2.0 Views) (12 Months)

67. CA Vinesh Savla Hinglish (Old & New) 150 - - 1 year - - ₹ 9,300 ₹ 9,800

68. Revision CA Shashank Wandhe English 65 - - - - - ₹ 5,100 ₹ 6,100

69.

70.

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Sr. Subject Pattern Faculty Language Durations (hrs.) Validity

1.2 Views Cloud & eBooks

Validity 1.2 Views Cloud & Books

1.2 Views Pendrive &

Books

1.5 Views Cloud & Books

1.5 Views Pendrive & Books

1. FINANCIAL SERVICES AND CAPITAL MARKETS (FSCM)

ELECTIVE PAPER CA Vinod Kumar Agarwal English 134 9 Months ₹ 3,500 1 Year ₹ 6,000 ₹ 7,000 ₹ 8,000 ₹ 9,000

2. GLOBAL FINANCIAL REPORTING STANDARDS

ELECTIVE PAPER CA Vinod Kumar Agarwal English 167 9 Months ₹ 3,500 1 Year ₹ 6,000 ₹ 7,000 ₹ 8,000 ₹ 9,000

3. RISK MANAGEMENT ELECTIVE PAPER CA Vinod Kumar Agarwal English 65 9 Months ₹ 3,500 1 Year ₹ 6,500 ₹ 7,000 ₹ 8,500 ₹ 9,000

4. ELECTIVE PAPER CA Sanjay Khemka Hindi & Eng. 58 - - -

₹ 5590 (1.5 Views) 6 Months

₹ 6110 (1.5 Views) 6 Months

₹ 6890 (2.0 Views) 9 Months

₹ 7410 (2.0 Views) 9 Months

5. ECONOMICS LAWS ELECTIVE PAPER

CA Neelamkumar Bhandari Hindi 45 - - - - - 4000

(1.8 Views) 4500

(1.8 Views)

6. ECONOMICS LAWS ELECTIVE PAPER CA Arpita Tulsyan English 50 6 Months - - ` 7,200

2 View ` 7,600 2 View

7. ECONOMICS LAWS ELECTIVE PAPER CA A.K.S.Krishnan English 20 - - -

3,600 (3 Views) 3 Months

-

8. DIRECT TAX LAWS & INTERNATIONAL TAXATION Regular CA Subodh Shah English 150 9 Months ₹ 6,000 1 Year ₹ 8,000 ₹ 9,000 ₹ 9,000 ₹ 10,000

9. CA Bhanwar Borana English or Hindi 225 - - 9 Months ₹ 14,500 ₹ 16,000 - -

10. CA Sidharth Surana English 170 - - - ₹ 13,000 ₹ 13,500 - -

11. CA Durgesh Singh Hindi 200 - - - - - ₹ 17,500 ₹ 18,500

12. CA Mehul Thakkar Hindi 200 - - - - - ₹ 11,500 -

13. CA Satish Mangal Hindi 310 - - - ₹ 14,000 ₹ 15,000 - -

14. DIRECT TAX LAWS Revision CA Bhanwar Borana Hindi & Eng. 95 - - 6 Months ₹ 6,750 ₹ 7,500 - -

15. INDIRECT TAXES LAWS [IDT] Regular CA Ankit Kumar Jain English 160 - - 1 Year - - 11000 (1.8 Views)

11500 (1.8 Views)

16. CA Yashvant Mangal Hindi 115 ₹ 11,200 6 Months ₹ 12,000 ₹ 12,500 - -

17. CA Rajesh Tayal English 100 - - - - - - ₹ 9,500

18. CA Amit Jain Hindi 100 6 Months ₹ 5000 5 Views) 6 Months - - ₹ 6500

(5 Views) ₹ 7500

(5 Views)

19. CA Rajesh Tayal Hindi & Eng. 80 - - - - - - ₹ 9,500

20. Revision CA Brindavan Giri Hindi 100 - - - - - ₹ 7,000 ₹ 8,000

21. CA Yashvant Mangal Hindi 50 - 4 Months ₹ 4,650 ₹ 4,950 - -

22. Regular CA Vinesh Savla Hinglish 180* - - 1 year - - ₹ 10,000 ₹ 11,000

23. CUSTOM + FTP Revision CA Ankit Kumar Jain English 20 6 Months - 6 Months - - 999 (1.8 Views)

1499 (1.8 Views)

24. CA Jagat Khicha Hindi & Eng. 80 - 2300 (2 Views) - - - ₹ 2,800 ₹ 3,000

25. GST + CUSTOM Topic CA Brindavan Giri Hindi 215 - - - - - ₹ 14,000 ₹ 15,000

26. CA Jagat Khicha Hindi & Eng. 200 - - - - - ₹ 5,000 ₹ 6,000

27. CA Yachana Mutha English 100 - - - ₹ 5,000 ₹ 6,000 - -

28. GST ONLY Topic CA Brindavan Giri Hindi 156 - - - - - ₹ 12,000 ₹ 13,000

29. CA Ashish Deolasi Hindi & Eng. 86 - - - - - 7000 (Unlt. Views)

8000 (Unlt. Views)

30. CA Yachana Mutha English 65 - - - ₹ 5,000 ₹ 6,000 - -

Page 12: CA FINAL – STRATEGIC FINANCIAL MANAGEMENT NEW …

Subject Pattern Faculty Language Durations (hrs.) Validity

1.2 Views Cloud & eBooks

Validity 1.2 Views Cloud & Books

1.2 Views Pendrive &

Books

2.0 Views Cloud

& Books

2.0 Views Pendrive &

Books

INTERNATIONAL TAXATION Regular CA Bhanwar Borana Hindi & Eng. 71 - 6 Months ₹ 7,000 ₹ 8,000 - -

31. STRATEGIC COST MANAGEMENT AND PERFORMANCE EVALUATION Regular CA M K Jain English 110 - - - - - - ₹ 9,300

32. SCMPE [COSTING]

CA P.H.Mitkary Hindi & Eng. 140 - 6 Months - - ₹ 10,000 ₹ 11,000

33. CA Rakesh Agarwal English 246 - - - 12000

[1.1 Views] (6 Months)

13000 [1.1 Views] (6 Months)

15000 [1.8 Views]

(1 Year)

16000 [1.8 Views]

1 Year)

34. CA Ravi Shankar Hindi & Eng. 220 - - - ₹ 9,000 ₹ 10,000 - -

35. CA Ravi Sonkhiya Hindi & Eng. 255 - 12 Months ₹ 13,000 ₹ 14,000 - -

36. CA Sankalp Kansthiya English 210 - - - - - 14500 (1.7 Views)

15000 (1.7 Views)

37. CA Vinod Reddy English 180 1 Year ₹ 6,000 - - - - -

38. Revision CA Ravi Sonkhiya Hindi & Eng. 117 - 6 Months ₹ 3,000 ₹ 4,550 - -

39. Revision CA Sankalp Kansthiya English 110 - - - - - 7000 (1.7 Views)

7500 (1.7 Views)

40.

OUR SPECIAL CA FINAL GROUP II COMBOs

Sr Subject Pattern Faculty Language Durations (hrs.)

Watch Time Validity

Cloud Download & Printed

Books MRP COMBO

PRICE

COMBO I

1 Strategic cost management and performance evaluation (Costing) Regular CA Vinod Reddy English 180 1.5 Views 6 Months ₹ 6,000

₹ 31,000 ₹ 20,000 2 Any One Elective Subject

[FSCM or GFRS or Risk Management] Elective Paper CA Vinod Kumar Agarwal English 134 1.2 Views 1 Year ₹ 6,000

3 Direct Tax Laws and International Taxation Regular CA Subodh Shah English 150 1.2 Views 1 Year ₹ 8,000

4 Indirect tax Laws [IDT] Regular CA Ankit Kumar Jain English 160 1.8 Views 1 Year ₹ 11,000

COMBO II

1 Strategic cost management and performance evaluation (Costing) Regular CA Rakesh Agarwal English 246 1.8 Views 1 Year ₹ 15,000

₹ 40,000 ₹ 25,000 2 Any One Elective Subject

[FSCM or GFRS or Risk Management] Elective Paper CA Vinod Kumar Agarwal English 134 1.2 Views 1 Year ₹ 6,000

3 Direct Tax Laws and International Taxation Regular CA Subodh Shah English 150 1.2 Views 1 Year ₹ 8,000

4 Indirect tax Laws [IDT] Regular CA Ankit Kumar Jain English 160 1.8 Views 1 Year ₹ 11,000