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  • Faqs Regarding Cfap and Msa

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    The document contains frequently asked questions regarding the Certified Finance and Accounting Professional (CFAP) examination and the Multi Subject Assessment (MSA) papers. For CFAP, a student can appear in as many papers as they want in a single attempt. Existing CA Final students can opt for the CFAP structure until the Winter 2017 attempt, after which all students will be transferred to CFAP automatically. For MSA, each paper is 4 hours with one 50 mark question and two 25 mark questions. MSA-1 eligibility requires passing CFAP-1 and CFAP-6, while MSA-2 requires passing CFAP-3 and CFAP-4.

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    FAQ ICAp FAF

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    FAQ

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    The document contains frequently asked questions regarding the Certified Finance and Accounting Professional (CFAP) examination and the Multi Subject Assessment (MSA) papers. For CFAP, a student can appear in as many papers as they want in a single attempt. Existing CA Final students can opt for the CFAP structure until the Winter 2017 attempt, after which all students will be transferred to CFAP automatically. For MSA, each paper is 4 hours with one 50 mark question and two 25 mark questions. MSA-1 eligibility requires passing CFAP-1 and CFAP-6, while MSA-2 requires passing CFAP-3 and CFAP-4.

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    16 views1 page

    Faqs Regarding Cfap and Msa

    Uploaded by

    khurram
    The document contains frequently asked questions regarding the Certified Finance and Accounting Professional (CFAP) examination and the Multi Subject Assessment (MSA) papers. For CFAP, a student can appear in as many papers as they want in a single attempt. Existing CA Final students can opt for the CFAP structure until the Winter 2017 attempt, after which all students will be transferred to CFAP automatically. For MSA, each paper is 4 hours with one 50 mark question and two 25 mark questions. MSA-1 eligibility requires passing CFAP-1 and CFAP-6, while MSA-2 requires passing CFAP-3 and CFAP-4.

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    © All Rights Reserved
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    FAQs regarding CFAP and MSA

    Frequently Asked Questions related to Certified Finance and Accounting Professional (CFAP) Examination

    Q.1 In how many papers a student can appear in a single attempt, at CFAP stage?

    A.1 A student may appear in as many papers as he/she wants at a time at CFAP stage.

    Q.2 What is the deadline for opting for CFAP structure for students in transition registered under CA Final
    structure?

    A.2 Existing students of CA Final can opt for CFAP structure till Winter 2017 attempt. A erwards all students will be
    transferred to CFAP structure automatically.

    Frequently Asked Questions related to Multi Subject Assessment (MSA) Papers

    Q.1 What will be the time duration of MSA papers?

    A.1 Duration of each MSA paper would be 4 hours.

    Q.2 What is the structure of MSA papers?

    A.2 There will be one 50 marks question and two 25 marks question in each MSA paper.

    Q.3 What is the eligibility to appear in MSA papers?

    A.3 MSA 1 could be attempted a er passing or getting exemption from the following papers:

    i. CFAP-1: Advanced Accounting and Financial Reporting

    ii. CFAP-6: Audit, Assurance and Related Services

    MSA 2 could be attempted a er passing or getting exemption from the following papers:

    i. CFAP-3: Business Management and Strategy

    ii. CFAP-4: Business Finance Decisions

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