With 60% now mcqs and mtqs the examiner can cover the syllabus with his questions
However, consolidations, preparation of single entity financial statements and cash flows with interpretation are still the like “big” questions
As for format, 3 sections – A, B and C
Section A – 15 questions, 2 marks each – 30 marks total Section B – 3 scenaria with 5 questions of 2 marks each based on the scenaria – 30 marks total Section C – 2 questions, 20 marks each, traditional type questions (prepare financial statements, prepare consolidation and so on) – 40 marks total