Thursday, March 28, 2024
05:53 PM (GMT +5)

Go Back   CSS Forums > CSS Past Papers > CSS Papers (1971-2017) > CSS 2011 Papers

Reply Share Thread: Submit Thread to Facebook Facebook     Submit Thread to Twitter Twitter     Submit Thread to Google+ Google+    
 
LinkBack Thread Tools Search this Thread
  #1  
Old Tuesday, March 22, 2011
Sajni's Avatar
Junior Member
 
Join Date: Dec 2010
Location: Lahore
Posts: 5
Thanks: 7
Thanked 15 Times in 5 Posts
Sajni is on a distinguished road
Default Accounting & Auditing Paper of 2011

Accounting & Auditing Paper 1.....













__________________
In My Dreams you are Mine but In My Life you are Just A Dream.........!!!!!

Last edited by Rixwan; Friday, March 25, 2011 at 12:01 AM.
Reply With Quote
The Following 5 Users Say Thank You to Sajni For This Useful Post:
irum (Tuesday, March 29, 2011), mjkhan (Tuesday, March 22, 2011), Raz (Tuesday, March 22, 2011), Shafique Malik (Saturday, April 09, 2011), younis_78 (Tuesday, March 22, 2011)
  #2  
Old Tuesday, March 22, 2011
Sajni's Avatar
Junior Member
 
Join Date: Dec 2010
Location: Lahore
Posts: 5
Thanks: 7
Thanked 15 Times in 5 Posts
Sajni is on a distinguished road
Default Accounting & Auditing Paper 2

Here is paper 2.............













__________________
In My Dreams you are Mine but In My Life you are Just A Dream.........!!!!!

Last edited by Rixwan; Friday, March 25, 2011 at 12:03 AM.
Reply With Quote
The Following 7 Users Say Thank You to Sajni For This Useful Post:
irum (Tuesday, March 29, 2011), jzmemon (Friday, October 12, 2012), mjkhan (Tuesday, March 22, 2011), Raz (Tuesday, March 22, 2011), Saira Nadeem (Friday, September 09, 2011), Shafique Malik (Saturday, April 09, 2011), younis_78 (Tuesday, March 22, 2011)
  #3  
Old Tuesday, March 22, 2011
Raz's Avatar
Raz Raz is offline
Senior Member
Qualifier: Awarded to those Members who cleared css written examination - Issue reason: CE 2009 - Roll no. 2638Medal of Appreciation: Awarded to appreciate member's contribution on forum. (Academic and professional achievements do not make you eligible for this medal) - Issue reason: Elite CSP Medal: Members who previously received (CSP Award  and Member of the Year Award ) OR (CSP award + Gold Medal + Medal of Appreciation) are eligible for this award. - Issue reason: Member of the Year: Awarded to those community members who have made invaluable contributions to the Community in the particular year - Issue reason: Diligent Service Medal: Awarded upon completion of 5 years of dedicated services and contribution to the community. - Issue reason:
 
Join Date: Sep 2007
Location: In the hearts of friends and heads of foes.
Posts: 1,858
Thanks: 2,166
Thanked 3,870 Times in 1,441 Posts
Raz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant future
Default

Both the papers were balanced and conceptual-clarity based. General understanding of the subject was essential for these papers. Those who are crammers and can not strive to relate theoretical things with practical use may find these papers challenging.

Wish you good luck guys.

Regards
__________________
"Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna."
"Jiyo to istarh ky log tum sy milny ko tarsy; maro to istrah k log tumharee mot par royain"
Reply With Quote
  #4  
Old Tuesday, March 22, 2011
Senior Member
 
Join Date: Jul 2010
Location: New York,Lahore
Posts: 679
Thanks: 988
Thanked 522 Times in 325 Posts
mjkhan is a name known to allmjkhan is a name known to allmjkhan is a name known to allmjkhan is a name known to allmjkhan is a name known to allmjkhan is a name known to all
Default

may GOD have mercy on 2011 aspirants.

the paper was highly conceptual demanding in depth study of the subject and a firm grip on the concepts.

the days of easy papers for this subject are over.thank GOD i am a 2012 aspirant.



best of luck to the candidtes who attempted this paper.
__________________
Puppet,Slave,Lover
Reply With Quote
  #5  
Old Wednesday, March 23, 2011
Tipu Shah's Avatar
Senior Member
 
Join Date: Mar 2007
Location: Jhang my Birth Place, Multan & Lahore My Study Places, Now in Dubai doing Job
Posts: 202
Thanks: 56
Thanked 75 Times in 46 Posts
Tipu Shah is on a distinguished road
Default

Well...I think if somebody dont lose his senses after looking at the Q/paper than he/she can easily secure 130+ from this paper...

Not so much difficult...just same question only wording is change...

You can say that only presentation of Question is changed...

Anyhow Good Luck for All...and also Pray for me for Next Time...

Regards,,,,
__________________
BORN TO LEAD..................
Reply With Quote
  #6  
Old Wednesday, March 23, 2011
jav_ria's Avatar
Senior Member
Qualifier: Awarded to those Members who cleared css written examination - Issue reason: Css 2010 - Roll no 00822
 
Join Date: Aug 2009
Location: Pakistan
Posts: 153
Thanks: 321
Thanked 362 Times in 234 Posts
jav_ria will become famous soon enough
Default

both papers are conceptual not difficult at all.paper 1 is v simple.paper 2 is somewhat tricky n its pattern is changed lil bit.but dont worry css 2011 aspirants those who worked really hard will get through these papers.
best of luck
Reply With Quote
  #7  
Old Wednesday, March 23, 2011
mani1's Avatar
40th CTP (DMG)
CSP Medal: Awarded to those Members of the forum who are serving CSP Officers - Issue reason: CE 2011 - Merit 27
 
Join Date: Oct 2008
Location: Lahore
Posts: 393
Thanks: 114
Thanked 358 Times in 138 Posts
mani1 has a spectacular aura aboutmani1 has a spectacular aura aboutmani1 has a spectacular aura about
Default

No offense to anyone but commenting on a paper is another thing and attempting it in a competition exam is another. The pattern of paper was completely changed and questions were also given from different topics.

For example in Paper 1 no question was on trading and profit & loss account or Income and expenditure accounts or Accounts of non-profit organizations or cash budget. Still I would agree that paper 1 subjective should have been solved in time by someone who had grasp over all topics. However MCQs were very lengthy and there is no way someone could have solved them in 30 mins.

Paper 2 was the real disaster point as questions on cost accounting were difficult and different. Secondly no one was expecting Income from business and if one searches the forums, the same experts were recommending people to read Income from Salary as it is expected (as is pattern in past papers). The MCQs of Paper 2 were also very difficult.

In short, commenting on papers is really easy, attempting isn't. If any of you guys are so confident that it was easy for those having clear concepts, why don't you solve these papers in 6 hours and upload the solution?
Reply With Quote
  #8  
Old Thursday, March 24, 2011
Raz's Avatar
Raz Raz is offline
Senior Member
Qualifier: Awarded to those Members who cleared css written examination - Issue reason: CE 2009 - Roll no. 2638Medal of Appreciation: Awarded to appreciate member's contribution on forum. (Academic and professional achievements do not make you eligible for this medal) - Issue reason: Elite CSP Medal: Members who previously received (CSP Award  and Member of the Year Award ) OR (CSP award + Gold Medal + Medal of Appreciation) are eligible for this award. - Issue reason: Member of the Year: Awarded to those community members who have made invaluable contributions to the Community in the particular year - Issue reason: Diligent Service Medal: Awarded upon completion of 5 years of dedicated services and contribution to the community. - Issue reason:
 
Join Date: Sep 2007
Location: In the hearts of friends and heads of foes.
Posts: 1,858
Thanks: 2,166
Thanked 3,870 Times in 1,441 Posts
Raz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant future
Default

Quote:
Originally Posted by mani1 View Post
No offense to anyone but commenting on a paper is another thing and attempting it in a competition exam is another. The pattern of paper was completely changed and questions were also given from different topics.

For example in Paper 1 no question was on trading and profit & loss account or Income and expenditure accounts or Accounts of non-profit organizations or cash budget.
Sorry, did you attempt CE-2011? If yes, then question # 02 of Part-II is from final accounts. Income statement and Trading and Profit & loss A/C are used interchangeably just with the difference of terminology (American vs British and sometimes with a difference of presentation style). Your objection over absences of trading and profit & Loss account is not valid.

Wish you good luck if you are candidate of CE-2011.
__________________
"Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna."
"Jiyo to istarh ky log tum sy milny ko tarsy; maro to istrah k log tumharee mot par royain"
Reply With Quote
  #9  
Old Thursday, March 24, 2011
Raz's Avatar
Raz Raz is offline
Senior Member
Qualifier: Awarded to those Members who cleared css written examination - Issue reason: CE 2009 - Roll no. 2638Medal of Appreciation: Awarded to appreciate member's contribution on forum. (Academic and professional achievements do not make you eligible for this medal) - Issue reason: Elite CSP Medal: Members who previously received (CSP Award  and Member of the Year Award ) OR (CSP award + Gold Medal + Medal of Appreciation) are eligible for this award. - Issue reason: Member of the Year: Awarded to those community members who have made invaluable contributions to the Community in the particular year - Issue reason: Diligent Service Medal: Awarded upon completion of 5 years of dedicated services and contribution to the community. - Issue reason:
 
Join Date: Sep 2007
Location: In the hearts of friends and heads of foes.
Posts: 1,858
Thanks: 2,166
Thanked 3,870 Times in 1,441 Posts
Raz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant futureRaz has a brilliant future
Default

Paper-I

Q:3,4, and 5 were Halwa questions:

Q:3 of Section A. Basic concepts, principled, and terms of accounting.

Q:4 of Section A. This question was about the ABC of accounting. Your first lecture of accounting class.

Q: 5 of section A. Basic principle of revenue recognition taught at the time of final accounts (Income statement/P n L A/C and B/S) in light of IAS/IFRS-18

IAS-18 - Revenue | IFRS/IAS Summary | Accountancy


Q:6 was not an easy question but partnership question is always included in paper so we should be fully prepared for this topic. Most expected question.

Q:7 conceptual question based on IAS-1/IFRs/GAAP
International Financial Reporting Standards (IFRS) by IFRSclass.com

http://www.pcfr.org/downloads/09_08_...S1_summary.pdf

http://basiccollegeaccounting.com/materiality-concept/

Accounting II Concepts


Q:8 Most expected and repeated topic. Easy and expected question.

Q:9 Expected and easy question. Understanding of depreciation of fixed assets in case of addition, and disposal is essential for accounting candidate. This topic is taught in the initial lectures before attempting final accounts question.
__________________
"Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna."
"Jiyo to istarh ky log tum sy milny ko tarsy; maro to istrah k log tumharee mot par royain"
Reply With Quote
The Following 2 Users Say Thank You to Raz For This Useful Post:
Hamid Hafeez (Wednesday, April 06, 2011), jav_ria (Thursday, March 24, 2011)
  #10  
Old Thursday, March 24, 2011
mani1's Avatar
40th CTP (DMG)
CSP Medal: Awarded to those Members of the forum who are serving CSP Officers - Issue reason: CE 2011 - Merit 27
 
Join Date: Oct 2008
Location: Lahore
Posts: 393
Thanks: 114
Thanked 358 Times in 138 Posts
mani1 has a spectacular aura aboutmani1 has a spectacular aura aboutmani1 has a spectacular aura about
Default

Quote:
Originally Posted by Raz View Post
Sorry, did you attempt CE-2011? If yes, then question # 02 of Part-II is from final accounts. Income statement and Trading and Profit & loss A/C are used interchangeably just with the difference of terminology (American vs British and sometimes with a difference of presentation style). Your objection over absences of trading and profit & Loss account is not valid.

Wish you good luck if you are candidate of CE-2011.
I am actually surprised you think trading & profit & loss account/Income Statement can be used interchangeably. No they can not. While the end result will be the same, the methodology and format all are completely different. This suggestions of yours will actually lead to failure of candidates as you are suggesting if the examiner asks for trading & profit & loss account one can draw an income statement and vice versa. This would be disastrous as the end format is completely different. Please refer to books of Sohail Afzal for detailed format of Income Statement and trading & profit & loss account and hopefully you will understand.

Yes I gave the papers in 2011. Did you?

Quote:
Originally Posted by Raz View Post
Paper-I

Q:3,4, and 5 were Halwa questions:

Q:3 of Section A. Basic concepts, principled, and terms of accounting.

Q:4 of Section A. This question was about the ABC of accounting. Your first lecture of accounting class.

Q: 5 of section A. Basic principle of revenue recognition taught at the time of final accounts (Income statement/P n L A/C and B/S) in light of IAS/IFRS-18

IAS-18 - Revenue | IFRS/IAS Summary | Accountancy


Q:6 was not an easy question but partnership question is always included in paper so we should be fully prepared for this topic. Most expected question.

Q:7 conceptual question based on IAS-1/IFRs/GAAP
International Financial Reporting Standards (IFRS) by IFRSclass.com

http://www.pcfr.org/downloads/09_08_...S1_summary.pdf

What do we mean by Materiality Concept « Accounting Basics,principles & Concepts « College Accounting Coach

Accounting II Concepts


Q:8 Most expected and repeated topic. Easy and expected question.

Q:9 Expected and easy question. Understanding of depreciation of fixed assets in case of addition, and disposal is essential for accounting candidate. This topic is taught in the initial lectures before attempting final accounts question.
With all due respect, people here know your own performance in 2009 paper. Written posts of yours are available saying how good your papers went but when the result came out you hardly scored any marks (less than 60% if I am correct).

The point I am trying to make is that it seems you seem to oversimplify stuff, have over-confidence on your abilities and try to apply your throughts and procedures on everyone.

Don't get me wrong. I respect you and all the help you provide to people here. But you should also simply not discard opinions of others. I have asked you before and I'll ask you again. If you think this was paper was super duper easy, please solve both the papers in alotted time of 6 hours and upload it. If you can not, please respect opinions of those who actually gave the paper in 2011 (I did). I repeat that I am not challenging you or something; I would be grateful to you if you solve these papers and upload it and trust me, nothing would be more helpful for the rest of the aspirants.

I hope you will take this post of mine in positive sense.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
How things work? dr.janxeb General Science Notes 24 Wednesday, September 09, 2009 11:07 PM
The Types Of Accounting pakfame Accounting & Auditing 0 Saturday, February 23, 2008 03:41 PM


CSS Forum on Facebook Follow CSS Forum on Twitter

Disclaimer: All messages made available as part of this discussion group (including any bulletin boards and chat rooms) and any opinions, advice, statements or other information contained in any messages posted or transmitted by any third party are the responsibility of the author of that message and not of CSSForum.com.pk (unless CSSForum.com.pk is specifically identified as the author of the message). The fact that a particular message is posted on or transmitted using this web site does not mean that CSSForum has endorsed that message in any way or verified the accuracy, completeness or usefulness of any message. We encourage visitors to the forum to report any objectionable message in site feedback. This forum is not monitored 24/7.

Sponsors: ArgusVision   vBulletin, Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.