How Do You Get Exemption in CA Final AFM 2026 Exams?
Advanced Financial Management is included in the CA final course and is the second paper in the CA final examinations series. Advanced Financial Management or AFM is a scoring subject and if the students practice well then they can easily score more than 90 marks in this subject.
How Do You Prepare for the AFM Exams?
In order to prepare for CA Final AFM for January, May, September Exams (as per the updated exam schedule by ICAI), a student should frame a study plan and make efforts to daily follow the same.
- Join the Best Faculty: Studying under the guidance of an experienced faculty always helps the CA students to perform better. An experienced faculty is able to explain the concepts with easy examples, helping the students to better understand the concepts.
- Understand the Syllabus & Exam Pattern: A CA student should start the preparation by first understanding the syllabus and exam pattern. A student should spend some time before starting with the preparation and take an overview of the entire syllabus and the important concepts in the subject.
- Make Your Notes: Well defined notes help in revising the entire subject easily. At IGP institute the faculties share effective notes with the students.
- Practice More & More Practical Questions: AFM is a practical and scoring subject. Practicing more and more questions will help the student to understand different concepts and decrease the time required to solve questions. This will help the student during the final examination.
- Revise Theory Chapters Weekly: Revision plays the major role in retaining the important concepts. Weekly revision of theory chapters will help the student to understand all the concepts in detail.
Exam Pattern of CA Final AFM for 2026 Exams
Advanced Financial Management or AFM is the second paper in the series for CA final examinations.
It is a 100 marks paper with the following split:
- 70 marks for subjective/descriptive answers
- 30 marks for objective-type answers
There is ‘No Negative Marking’ and ‘Minimum 40% marks’ are required to pass the subject individually.
However, as per the CA examination pattern, a CA student needs to secure 50% marks in aggregate to clear the entire group.
Read Also:
Understand Financial and Strategic Management by CA Ashish Kalra
FAQs
Which faculty study material is best for CA Final AFM?
CA Ashish Kalra sir is the best faculty for CA Final AFM. The study material of CA Ashish Kalra sir is best for CA Final AFM.
Can I prepare for CA Final AFM 2 months before the exams?
Yes, if a CA student makes a study plan and allocates a specific time frame for preparation, a student can prepare for CA Final AFM.
Who is the best faculty for CA Final AFM for 2026 Exams?
CA Ashish Kalra sir is the best faculty for CA Final AFM examination. CA Ashish Kalra sir has an experience of more than 26 years and multiple students who have studied under his guidance have scored more than 90 marks in the subject.
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