Financial Reporting (FR) | CRACKER

This book is designed exclusively for the Final Level of the Chartered Accountancy Examination. It comprehensively covers past exam questions with detailed answers, adhering strictly to the new scheme of ICAI.

The Present Publication is the 11th Edition for CA-Final | New Syllabus | May/Nov. 2025 Exams. This book is authored by CA Parveen Sharma & CA Kapileshwar Bhalla, with the following noteworthy features:

Strictly as per the New Syllabus of ICAI
Coverage of this book includes:
Past Exam Questions, including Nov. 2024 (Solved)
Selected Questions from RTPs and MTPs of ICAI
[Arrangement of Question] Questions in each chapter are arranged ‘sub-topic’ wise based on ‘Para No. of each Ind AS’
[Chapter-wise Marks Distribution] for Past Exams from Jan 2021 onwards
[Previous Exam Trend Analysis] from Nov. 2022 onwards
Chapter-wise Comparison with ICAI Study Material
Contents of this book are as follows:

Framework for Financial Reporting under Ind AS
Ind AS 1 ? Presentation of Financial Statements
Ind AS 34 ? Interim Financial Reporting
Ind AS 7 ? Cash Flow Statement
Ind AS 8 ? Accounting Policies, Changes in Accounting Estimates and Errors
Ind AS 10 ? Events after Reporting Period
Ind AS 113 ? Fair Value Measurement
Ind AS 115 ? Revenue from Contracts with Customers
Ind AS 2 ? Inventories
Ind AS 16 ? Property, Plant and Equipment
Ind AS 23 ? Borrowing Costs
Ind AS 36 ? Impairment of Assets
Ind AS 38 ? Intangible Assets
Ind AS 40 ? Investment Property
Ind AS 105 ? Non-Current Assets (NCA) held for Sake & Discontinues Operations (DO)
Ind AS 116 ? Leases
Ind AS 41 ? Agriculture
Ind AS 20 ? Accounting for Government Grants and Disclosure of Government Assistance
Ind AS 102 ? Share-based Payments
Ind AS 19 ? Employee Benefits
Ind AS 37 ? Provisions, Contingent Liability and Contingent Assets
Ind AS 12 ? Income Taxes
Ind AS 21 ? The effects of changes in foreign exchange rates
Ind AS 24 ? Related Party Disclosures
Ind AS 33 ? Earnings Per Share
Ind AS 108 ? Operating Segments
Ind AS 32 ? Financial Instruments (FI) ? Presentation
Ind AS 109 ? Financial Instruments (FI) ? Recognition and Measurement
Ind AS 103 ? Business Combination
Ind AS 110 ? Consolidated Financial Statements
Ind AS 111 ? Joint Arrangements
Ind AS 28 ? Investment in Associates and Joint Ventures
Ind AS 27 ? Separate Financial Statements
Ind AS 101 ? First-Time Adoption of Ind AS
Professional and Ethical Duty of a Chartered Accountant
Accounting and Technology