Taxmann's CRACKER for Accounting (Paper 1 | Accounts) – Covering past exam questions (sub-topic wise) & detailed answers plus RTPs/MTPs of ICAI for CA Inter | Nov. 2023 Exams

CA Parveen Sharma · CA Kapileshwar Bhalla

Jun 2023 · Taxmann Publications Private Limited

About this ebook

This book is prepared exclusively for the Intermediate Level of Chartered Accountancy Examination requirement. It covers the questions & detailed answers for the past exams strictly as per the new syllabus of ICAI.

 

The Present Publication is the 6th Edition for CA-Inter | New Syllabus | Nov. 2023 Exams. This book authored by CA Parveen Sharma & CA Kapileshwar Bhalla, with the following noteworthy features:

• Strictly as per the revised Syllabus of ICAI

• Coverage of this book includes:

o Past Exam Questions, including:

§ Solved Paper – May 2022 | Suggested Answers

§ Solved Paper – November 2022 | Suggested Answers

§ Solved Paper – May 2023 | Suggested Answers

o Questions from RTPs and MTPs of ICAI

• [Arrangement of Question] Questions in each chapter are arranged 'sub-topic' wise

• [Marks Distribution] Chapter-wise marks distribution from May 2017 onwards

• [Trend Analysis] for the previous exams from Nov. 2020 onwards

• [Comparison with Study Material] Chapter-wise comparison with ICAI Study Material

 

Contents of this book are as follows:

• Applicability of Accounting Standards

• Framework for Preparation & Presentation of Financial Statements

• Overview of Accounting Standards

• Financial Statements of Companies

• Profit or Loss Prior to Incorporation

• Bonus Issue & Right Issue

• Redemption of Preference Shares

• Redemption of Debentures

• Investment Accounts

• Insurance Claims

• Hire Purchase

• Departmental

• Branch Accounting

• Accounting from Incomplete Records (Single Entry)

About the author

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.

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 coaches CA aspirants via satellite. He is also a visiting faculty with ICAI and other professional institutes.