CMA Final Paper 17 study plan

Map the consolidation decision tree: control assessment, acquisition-date fair value mechanics, and non-controlling interest measurement options, then write a one-page flowchart from memory

Compute goodwill and gain-from-bargain-purchase for a full-goodwill and a proportionate-share case, reconciling the difference in NCI and retained earnings

Prepare a consolidation worksheet eliminating intra-group sales, unrealized profit in inventory, and intercompany receivables/payables for a two-entity group

Distinguish Ind AS 110/3/28 scope triggers from AS 21/23 legacy rules and list five disclosure consequences of each difference

Work through step-acquisition and partial-disposal mechanics, computing remeasurement gains through OCI and P&L with correct NCI roll-forward

Apply Ind AS 115 five-step revenue model to three contract scenarios: variable consideration constraint, principal-versus-agent, and contract modification

Compute deferred tax on consolidation adjustments including fair value step-ups, undistributed subsidiary profits, and unrealized intra-group margins

Classify and measure financial instruments under Ind AS 109 at amortized cost, FVOCI, and FVTPL, including expected credit loss on trade receivables

Build a standard-cost variance analysis for a multi-product plant, decomposing material mix and yield, labor mix and efficiency, and fixed overhead volume and expenditure variances

Apply throughput accounting and theory-of-constraints logic to identify the bottleneck, compute throughput per constraint minute, and rank product mix

Design an activity-based costing model for a service business, selecting cost drivers and comparing ABC profitability to traditional absorption results

Compute transfer prices under market, cost-plus, and negotiated methods, and evaluate divisional performance impact of each

Construct a balanced scorecard with four perspectives, two leading and two lagging KPIs each, and map each KPI to a strategic objective

Calculate ROI, residual income, and EVA for two divisions and explain the investment-decision divergence each metric produces

Compute WACC using CAPM cost of equity, after-tax cost of debt, and market-value weights, then run a sensitivity on beta and the risk-free rate

Evaluate a capital project using NPV, IRR, discounted payback, and modified IRR, and state which measure governs the accept/reject decision

Draft the notes to accounts for a listed entity covering segment reporting, related-party disclosures, and contingent liabilities, applying Ind AS 108/24/37 thresholds

Prepare an integrated annual report outline linking Ind AS financial statements, the business responsibility and sustainability report, and management commentary, and identify the assurance boundary of each

Apply Ind AS 33 diluted EPS mechanics for options, convertible debt, and contingencies, and reconcile basic to diluted EPS

Identify five common disclosure deficiencies in Ind AS transition and first-time adoption notes, and state the corrective disclosure for each

Compute corporate tax liability under the optional concessional regimes versus the normal rate, including surcharge, cess, MAT, and MAT credit carry-forward

Analyze a cross-border payment for withholding tax and treaty relief, applying beneficial-owner, permanent establishment, and most-favored-nation considerations

Classify five transactions for GST: composite versus mixed supply, place of supply, time of supply, and input tax credit eligibility including blocked credits

Evaluate a restructuring proposal for tax neutrality, identifying capital gains, slump sale, and demerger exemption conditions

Value a company using DCF, comparable companies, and comparable transactions, and reconcile the three value ranges into one defensible range with a control premium rationale

Build a free cash flow to firm model with explicit forecast, terminal value by both growth and exit multiple, and a discount-rate bridge

Compute the accretion/dilution impact of an acquisition on acquirer EPS under cash, debt, and share-swap consideration

Quantify transaction and translation exposure on a foreign-currency receivable and design a forward or option hedge, computing the hedge outcome

Apply the code of ethics to three dilemmas: auditor independence on non-audit services, related-party conflict of interest, and earnings-management pressure, and document the resolution steps

Outline board governance requirements for audit committee composition, related-party approval, and whistleblower mechanism, and test a given board structure against them

Re-solve the two weakest sub-topics from weeks 1 to 7 using fresh questions under timed conditions

Complete two full-length timed mock papers and categorize every error by domain and by cause: knowledge gap, calculation slip, or misread question