CA Final Advanced Financial Management Question Paper May 2026:The Advanced Financial Management (AFM) Paper 2 from the CA Final Examination held on May 4, 2026, is a crucial resource for aspiring Chartered Accountants. This CA Final Advanced Financial Management May 2026 question paper provides an overview of the exam structure and content. It includes the actual question paper, alongside essential general and specific instructions for candidates, offering valuable preparation guidance.
The CA Final Advanced Financial Management (AFM) question paper for May 2026 is now available post-exam. ICAI conducted this Paper 2 exam as part of Group 1. Here's an overview table with key details.
| CA Final Advanced Financial Management May 2026 Overview | |
| Aspect | Details |
| Conducting Authority | The Institute of Chartered Accountants of India (ICAI) |
| Official Website | www.icai.org |
| Exam Notification Date | December 2025 (schedule released); exam forms opened March 3, 2026 |
| Exam Date & Time | May 4, 2026, 2:00 PM to 5:00 PM |
| Question Paper Status | Released (available for download on ICAI site and portals) |
| Result Declaration | Expected June 2026 |
Accessing the CA Final Advanced Financial Management Question Paper May 2026 PDF download is essential for students who want to conduct a post-exam analysis. Downloading the CA Final Advanced Financial Management Question Paper May 2026
PDF allows students to revisit the questions without the time pressure of the examination hall. It serves as a source of study materials to see how many questions were sourced from the ICAI study module or the Revision Test Papers (RTPs). Click the button below to download the PDF.
CA Final AFM Question Paper May 2026 PDF
Step 1: Open your web browser and go to the official ICAI website: www.icai.org.
Step 2: Hover over the "Resources" tab on the homepage and click on the "BoS Knowledge Portal" link.
Step 3: Select the "Advanced Course" from the list of available levels.
Step 4: Look for "Paper 1: Advanced Financial Management" and click on it.
Step 5: Scroll down to the section titled "Previous Year Question Papers" or "Suggested Answers."
Step 6: Click on the link for "May 2026" to open the question paper PDF.
Step 7: Once the PDF opens, click the download icon or press Ctrl + S to save it to your device.
Utilising the CA Final Advanced Financial Management Question Paper May 2026 offers several advantages for both current and future candidates:
Self-Assessment: Students who have just appeared can use the paper to estimate their scores before the official results are declared.
Understanding Exam Patterns: Future aspirants can identify which chapters are currently being prioritised by ICAI.
Time Management Practice: Solving this specific paper under a three-hour timer helps students gauge the speed required for the actual exam.
Refining Strategy: By reviewing the CA Final Advanced Financial Management Question Paper May 2026, students can learn the correct step-by-step presentation required to secure maximum marks in descriptive questions.
The CA Final Advanced Financial Management (AFM) examination is structured into two distinct parts. This section details the distribution of marks and the format of the paper.
Part I: This section consists of Multiple Choice Questions (MCQs), contributing 30 marks to the total score.
Part II: This part comprises questions requiring descriptive answers, accounting for the remaining 70 marks.
The overall maximum marks for the paper is 100.
Here are the key details of the CA Final Advanced Financial Management (AFM) examination at a quick glance, providing essential information about the paper’s structure and duration.
| CA Final Advanced Financial Management May 2026 Exam Pattern | |
|---|---|
| Particulars | Details |
| Total No. of Printed Pages | 24 |
| Maximum Marks | 100 |
| Duration | 3 hours |
| Part I (MCQ Portion) | 30 Marks |
| Part II (Descriptive Portion) |
70 Marks |
Candidates must mark MCQs on the OMR sheet and descriptive answers in the main book. Question 1 is compulsory in Part II. The exam is 3 hours. Strict adherence to rules is required, including avoiding malpractice. Submit all materials to the invigilator. These ICAI CA Final AFM May 2026 question paper guidelines from Physics Wallah are essential.

