CA Final Cracker Financial Reporting CA Parveen Sharma , CA Kapileshwar Bhalla Sep 25 / Jan 26 Exam

Financial Reporting | CRACKER – Previous Exam Solved Papers is a purpose-built practice manual for CA Final students tackling Group I | Paper 1. This Edition consolidates questions from CA Final up to May 2025—into one cohesive volume. Each Ind AS is treated in depth, with questions arranged sub-topic-wise against the paragraph numbers of the standard, enabling pinpoint revision for the Sept 2025 and Jan 2026 attempts.

The Present Publication is the 12^th Edition, authored by CA. Parveen Sharma & CA. Kapileshwar Bhalla, with the following noteworthy features:

• [Full Past-exam Coverage] Solved papers through May 2025, with step-by-step working notes
• [Chapter-wise Marks Distribution & Trend Analysis] Ten-attempt data table highlights high-yield Ind AS
• [RTPs & MTPs Selections] Handpicked questions from ICAI’s Revision and Mock Test Papers for extra depth
• [Sub-topic Tagging by Ind AS Paragraph] Quickly trace each question to its exact standard reference.
• [ICAI Study-material Mapping] Dual tables: (i) chapter-to-chapter, (ii) unit-to-unit, ensuring zero syllabus gaps
• [Solved Papers] Authoritative solutions for May 2024 & Nov 2024, plus the unsolved May 2025 paper for self-assessment
• [Strategic Aids] Average marks column, examiner trend notes, and theory capsules for scoring the theory marks

The coverage of the book is as follows:

• All 36 Ind AS & Framework Topics
• From Presentation of FS (Ind AS 1) to Accounting & Technology
• High-weightage Chapters
• Deep practice sets on Ind AS 110 (CFS), 103 (Business Combinations), 115 (Revenue), 109/32 (Financial Instruments)
• Emerging Areas
• CSR, Integrated Reporting, Professional Ethics, Digital Accounting
• Theory Focus
• Dedicated segments for Conceptual Framework, Ethical Duties, and IT in Accounting—mirroring recent paper trends

The structure of the book is as follows:

• Introductory Section
• Chapter-wise Marks Distribution table (up to May 2025)
• Previous Exams Trend Analysis—attempt-wise breakdown of question numbers, marks, and category
• Core Chapters (Ind AS-wise)
• Mini-synopsis of key principles
• Questions arranged Para-wise → Sub-topic → Difficulty gradient
• Inline working notes and examiner-style solution
• ICAI Mapping Tables – Quick cross-reference to module location
• RTPs/MTPs Corner – Selected questions flagged with icons for rapid identification
• Solved Papers Section
• May 2024 (fully solved)
• Nov 2024 (fully solved)
• May 2025 (question paper with space for self-attempt + answer key online/appendix)

CA Parveen Sharma is a first Class Commerce Graduate from Delhi University, having graduated from Sri Venkateswara College. He qualified Chartered Accountancy Course in 1996 and was placed on the merit list (Rank Holder) in Intermediate and Finals. He completed his post-graduation in Indian Accounting Standards and US GAAP in July 2007. He qualified certificate course on valuation from ICAI in January 2010.He is also an Associate Member of the Institute of Cost and Works Accountants of India and Licentiate of Institute of Company Secretaries of India. He topped Delhi University by scoring 100% marks in Accountancy. He also won Gold Medal in Accounts Olympiad held in 1990. He has the honour of being co-opted as a member of Board of Studies (2006-2007), Advisor, Accounting Standards Committee (2007-08), Member of Committee for Accounting Standards for Local Bodies for the year 2007-2008, and Regional Monitoring Committee (2003-04) of Institute of Chartered Accountants of India and Member, Committee on Management Accounting of ICAI for the year 2008-09.He possesses a vast experience of teaching Accountancy to students of CA Final and CA IPCC P.E.II / Intermediate and has been visiting faculty at ICAI and ICWAI. He is currently teaching accountancy to various levels of Professional Institutes and Universities and has addressed several courses and seminars organized by Professional Institute. He has authored research documents on various issues.

CA Kapileshwar Bhalla is a qualified Chartered Accountant. He is a fellow member of the Institute of Chartered Accountants of India. He did his graduation from Delhi University (Shri Ram College of Commerce) in 1996. He has been actively teaching students Accountancy and Cost Accounting at IPCC and Final levels of Chartered Accountancy since 1999. He has delivered various seminars on Accounting Standards, IFRS, and Ind AS at multiple forums to the students and industry.He is currently associated with Aldine CA, which imparts coaching to the CA aspirants via satellite. He is also a visiting faculty with ICAI as well as other professional institutes.