Free online practice test
CA Final Financial Reporting Objective Test 1 Mock Test
ICAI CA Final (New Scheme) 2026: Objective Components
Focus on Financial Reporting with 15 original questions in one dedicated practice session.
Syllabus-checked original practice
Mapped to the official Objective Components (Papers 1 to 5) syllabus and answer-checked on 9 September 2026.
View official pattern sourceScoring note: Section A of this paper is 15 compulsory multiple-choice questions worth 2 marks each, 30 marks in all, with no negative marking. ICAI sets those 15 questions inside the paper's own 180-minute, 100-mark window and publishes no separate time limit for them; the 54 minutes here is a TakeMockTest proportional allowance, 30 per cent of that 180 minutes, and not an ICAI sectional timer.
Test-day essentials
Know before you start
- The timer starts as soon as you click "Start test" and the test auto-submits when time runs out.
- Mark questions for review and return to them while their section or timing group is still open.
- Your answers and timer deadline are saved on this device, so a refresh can resume safely.
- After submitting, review section and topic scores, explanations, and source links.
About this CA Final Financial Reporting sectional test
This sectional test isolates Financial Reporting from the CA Final Objective Components (Papers 1 to 5) pattern, so you can drill it on its own instead of only meeting it inside the full mock. It draws 15 original practice questions across 15 distinct topics, syllabus-checked the same as our full mocks.
Topics covered
Accounting estimates
1 question
Bank reconciliation
1 question
Business combinations
1 question
Cash flow statement
1 question
Depreciation
1 question
Earnings per share
1 question
Financial reporting concepts
1 question
Foreign currency items
1 question
Impairment
1 question
Inventory measurement
1 question
Property, plant and equipment
1 question
Provisions and contingencies
1 question
Ratio analysis
1 question
Recognition principles
1 question
Revenue recognition
1 question
Scoring and result analysis
Correct answers earn 2 marks and wrong answers deduct 0 marks. Unattempted questions score zero. This section's 15 questions are difficulty-tagged: 15 medium. After submitting, you receive topic-wise accuracy, time spent, answer explanations, and source links.
Frequently asked questions
Is this an official CA Final question paper?
No. It's an independent practice test with original Financial Reporting questions, mapped to the official CA Final Objective Components (Papers 1 to 5) syllabus and answer-checked on 9 September 2026.
How many questions are in this Financial Reporting sectional test, and how long is it?
15 questions in 54 minutes.
Which topics does this test focus on?
It spans 15 topics, with the heaviest coverage on Accounting estimates, Bank reconciliation, and Business combinations.
Is there negative marking in this test?
No. This section carries no negative marking, so a wrong answer costs nothing beyond the mark you missed.