CA INTER FM and SM RTP Jan 2026 | RTP Solutions, Analysis & Important Questions
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CA Inter FM and SM RTP Jan 2026 is an excellent study material for CA Inter students. The RTP assists students in understanding how questions are framed in exams and also how students are supposed to write their answers. This RTP is based on both Financial Management and Strategic Management.
The CA Inter FM & SM RTP Jan 2026 primarily focuses on learning to solve problems methodically and to think before using formulas. This is very helpful for revised versions for understanding concepts and boosting confidence for exams.
This approach makes it highly useful for FM SM revision RTP and CA Inter RTP Jan 2026 FM SM preparation.
CA Inter FM and SM RTP Jan 2026 Purpose
The main aim of the CA Inter FM and SM RTP Jan 2026 is to prepare students for real exam questions. It covers important topics, calculations, and theory-based questions that often appear in exams.
This RTP helps students avoid mugging up answers. Instead, it focuses on understanding concepts and applying them correctly. The FM SM revision RTP is designed to match the latest ICAI exam pattern.
Working Capital Management in FM RTP
Working Capital Management is one of the most critical components of CA Inter Financial Management & Strategic Management RTP. It discusses how to calculate working capital with a real-case example.
It is assumed that the example is based on an example manufacturing company and the cash cost accounting treatment is applied. There is no provision for the effect of depreciation and only the real cash costs incurred have been provided for.
There follows a breakdown of the working capital calculation referred to under the CA Inter FM RTP solutions.
Below table explains the numerical structure clearly and helps students prepare for exam-based calculations.
|
Particulars |
Amount (₹ in Lakhs) |
|
Annual Sales |
48.00 |
|
Gross Working Capital |
18.30 |
|
Current Liabilities |
4.10 |
|
Net Working Capital |
14.20 |
|
Final WC with Margin |
16.33 |
This issue has extreme significance for the FM SM RTP 2026 Attempt and RTP practice questions FM SM.
Ratio Analysis Covered in CA Inter FM SM RTP
Ratio Analysis assists in understanding the financial position of a company. How to calculate which ratios and for which purposes, it has been discussed in CA Inter FM and SM RTP Jan 2026.
They are trained to choose their ratios intelligently, rather than mindlessly. They are instructed in detail about correcting their data as well.
Below are key ratios discussed in the CA Inter FM SM RTP discussion.
|
Ratio |
Value |
Meaning |
|
Current Ratio |
2.56 |
Good |
|
Quick Ratio |
0.32 |
Weak |
|
DSCR |
5.53 |
Very Strong |
|
Interest Coverage |
4.8 |
Safe |
|
Debt-Equity Ratio |
1.54 |
Balanced |
|
EPS |
₹0.41 |
Acceptable |
These ratios are also equally important in CA Inter FM SM important questions and CA Inter FM SM RTP discussion.
Investment Decisions for FM RTP
Investment calculations are discussed in detail in subjects like CA Inter FM and SM RTP Jan 2026. Students are taught to apply various tools available to them rather than relying on a single tool.
The techniques employed include Payback Period, NPV, ARR, PI, and MIRR. The missing values are calculated using logic equations.
|
Tool Used |
Result |
|
Payback Period |
5 Years |
|
Discounted Payback |
7 Years |
|
ARR |
15% |
|
MIRR |
10.9% |
|
NPV |
Positive |
“These techniques are very useful for RTP practice questions FM SM and FM formulas RTP revision.”
Cost of Capital and WACC in RTP
In order to understand capital structure decisions, CA Inter FM SM RTP analysis describes how the cost of different sources of funds is calculated. It also emphasizes the importance of tax adjustment and proper representation.
Below is a simple summary used in the ICAI FM SM RTP latest attempt.
|
Source |
Cost |
|
Equity (CAPM) |
18.32% |
|
Preference Shares |
7% |
|
Debentures |
14.13% |
|
Term Loan (After Tax) |
8.25% |
|
WACC |
19.81% |
It has always been an issue in FM formulas RTP revision and CA Inter FM RTP solutions.
Leverage Analysis Made Easy
Leverage demonstrates how sales impact earnings and EPS. The CA Inter FM and SM RTP Jan 2026 analyzes income statement information.
|
Leverage Type |
Value |
|
DOL |
1.27 |
|
DFL |
1.375 |
|
DCL |
1.75 |
The students are also taught how the EPS changes when the sales are increased or reduced. This is very helpful when it comes to examinations and CA Inter FM SM RTP analysis.
Dividend Decision: Walter and Gordon’s Models Explained
The dividend policy is explained in a lucid manner in the CA Inter FM RTP solutions. The cost of equity and return on investment is determined on the basis of Walter's Model.
The RTP indicates that for a situation where return is higher than the cost of equity, the payout on dividends will be low. Another formula for share value is the Gordon Growth Model.
“This subject assists the pupils in understanding the practical decisions taken by a company,” and is vital for CA Inter FM SM important questions.
Strategic Management – Subjects of SM RTP
The CA Inter FM and SM RTP Jan 2026 also deals with several questions on Strategic Management. Cases are used to clarify concepts of theory.
SM Topics Covered
-
Online advertising
-
Strategic Analysis
-
Alignment
-
PESTEL Analysis
-
Strategic alliances
-
Mendelow Matrix
-
Turnaround Strategy
-
Ansoff Matrix
-
Digital transformation
These issues are major elements of CA Inter SM RTP analysis and CA Inter Financial Management & Strategic Management RTP.
Why CA Inter FM and SM RTP Jan 2026 is Important
The CA Inter FM and SM RTP Jan 2026 will enable students to apply theoretical knowledge. It will boost self-confidence and also help students in responding to questions.
This RTP should be practiced on a regular basis. It would assist the students in achieving better marks. It would also eliminate the fear of examinations, especially for the FM SM RTP 2026 Attempt.