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Model Test Paper
2025

CA Final Model Test Paper (MTP) 2025 Group 1

The CA Final Group 1 MTP covers Financial Reporting (Paper 1), Advanced Financial Management (Paper 2), and Advanced Auditing & Professional Ethics (Paper 3). This is the definitive practice exam for Group 1 readiness — set at the highest difficulty level ICAI produces at any level of the CA qualification.

What This Paper Covers

Financial Reporting at Final level requires IND AS knowledge — fundamentally different from Intermediate AS

AFM questions involve complex derivative pricing, capital structure theory, and international finance — multi-concept integration is tested

Auditing at Final level tests risk-based audit approach, fraud standards, and professional ethics scenarios

3 Tips to Crack This Paper

1

For Financial Reporting, memorise the key IND AS-IGAAP differences table systematically. Questions that seem straightforward often hinge on IND AS-specific treatments students haven't internalised.

2

AFM calculations are typically multi-step and long — allocate time proportionally to marks (roughly 1.8 minutes per mark) and do not overrun on any single question.

3

Use Intucate's adaptive testing for Final-level questions to maintain peak accuracy in the weeks immediately before the exam — the tool adapts to your CA Final syllabus difficulty tier.

CA Final Model Test Paper (MTP) 2025 – Group 1

Official ICAI publication — free to download

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Model Test Paper
2025
Group 2 (Papers 4–6)

CA Final · Group 2

The CA Final Group 2 MTP covers Direct Tax Laws & International Taxation (Paper 4), Indirect Tax Laws (Paper 5), and Integrated Business Solutions (Paper 6).

Suggested Answers
November 2024
Financial Reporting

CA Final · Paper 1

The November 2024 CA Final Financial Reporting Suggested Answers reveals how ICAI examined IND AS in a real sitting.

Suggested Answers
November 2024
Advanced Financial Management

CA Final · Paper 2

The November 2024 CA Final AFM Suggested Answers is the benchmark document for understanding exactly how ICAI expects calculations to be presented — specifically for Derivatives (Options & Futures), Portfolio Theory, Capital Budgeting under Risk, and Forex & Interest Rate Risk Management.