VU current papers 2026: what came in the exam

DATE: 27-07-2026 DAY: MONDAY PAPER: FIN-611 TIME: 10:00 AM CITY: KARACHI CAMPUS: SHAHRAH-E-FAISAL MCQS are mix of conceptual and calculation based from handouts. All MCQS are mix of theoretical and calculation based. SHORT QUESTIONS: 1- Prepare the Consolidated Balance Sheet (TOPIC GROUP ACCOUNTS) 2- Identify the certain and uncertain liabilities from the given (TOPIC IAS – 37 PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS) 3- Define the limited Liability feature of a Company (TOPIC COMPANY ACCOUNTS) 4- Calculate borrowing Cost from the given data (TOPIC IAS 23 BORROWING COST) LONG QUESTIONS: 1- Prepare the Consolidated Balance Sheet (TOPIC GROUP ACCOUNTS) 2- List down the possible Accounting errors and their adjustment and treatment in prior period (TOPIC IAS 8 ACCOUNTING POLICIES, CHANGES IN ACCOUNTING ESTIMATES AND ERRORS) 3- Pass the necessary journal entries from the given information (TOPIC COMPANY ACCOUNTS) Overall paper was normal not easy not difficult. 2 Questions are theoretical and rest of them are numerical based in Short and Long Questions. 1topic is repeated in both short and long questions. Just take lectures carefully and read handouts and practice the numerical questions available in Handouts. Clear the concepts of all IAS very carefully discussed in syllabus 70% of the exam was from IAS and 30% from Partnership and Company Accounts. Time management is also essential. REGARDS ABDUL REHMAN BS-COMMERCE (7TH SEMESTER)DATE: 27-07-2026 DAY: MONDAY PAPER: FIN-611 TIME: 10:00 AM CITY: KARACHI CAMPUS: SHAHRAH-E-FAISAL MCQS are mix of conceptual and… See more See less