The question papers of Business Laws and Taxations are set in accordance with the laws and regulations effective as at proceeding 1st July for Winter and Summer examinations.
The question papers of all accounting subjects are set in accordance with International Financial Reporting and Auditing Standards as well as the Accounting and Auditing Practices and Guidelines, issued by the professional bodies of Pakistan up to 31st December of the preceding year for May. Examination and up to 30th June for the November Examination, respectively.
Examination questions of any specific level may be set from the syllabus of similar subjects of a preceding level. However, in order to maintain the professional standards, it is not necessary to confine examination questions to core readings and additional readings.
The grids are given for guidance purpose only, the weight age or grid assigned to different topics of each subjects is given in the Syllabus of each subject. These are indicative of broad distribution of different topics of a subject and there would be some deviation with actual weight age assigned in the question papers.