Description
Taxmann Advanced Accounting (Advanced Accounts), CRACKER by Parveen Sharma, Kapileshwar Bhalla
Advanced Accounting | CRACKER is a comprehensive guide designed to support CA Intermediate – Group I | Paper 1 aspirants. It equips students with a thorough understanding of Advanced Accounting concepts and delivers an in-depth practice resource for examinations. With meticulously sorted past exam questions, concept-based chapter organisation, and structured references to Ind AS, it aims to simplify complex accounting standards and problem-solving techniques.
The Present Publication is the 12th Edition, authored by CA. Parveen Sharma & CA. Kapileshwar Bhalla, with the following noteworthy features:
[Coverage of Past Exam Questions] Incorporates questions up to and including the May 2025 exam
[Chapter-wise Marks Distribution & Trend Analysis] Presents a consolidated view of how chapters have been tested over recent exam sessions, helping students prioritise topics effectively
[Select Questions from ICAI's RTPs & MTPs] Supplements past exam questions with practice material from the ICAI's Revision Test Papers (RTPs) and Mock Test Papers (MTPs)
[Sub-topic Organisation in Each Chapter] Each chapter's questions are arranged based on the respective Ind AS paragraphs, ensuring conceptual clarity and straightforward navigation
[Suggested Answers & Solved Papers] Contains fully worked-out solutions for recent exams (May 2024, September 2024, January 2025, and May 2025), enabling self-assessment and concept reinforcement
[User-friendly Layout] Each chapter begins with a synopsis of key points, relevant Ind AS references, and a listing of sub-topics or problem types
[Focused on Practical Application] Most questions are practice-oriented, with ample examples and step-by-step solutions for clarity
[Ideal Revision Tool] The systematic arrangement of previous exam questions and categorisation by sub-topics allows quick and focused revision
The coverage of the book is as follows:
Accounting Standards
Introduction, Applicability, Presentation & Disclosures, Assets-Based, Liabilities-Based, etc.
Key Chapters
Financial Statements of Companies, Consolidated Financial Statements, Amalgamation, Buy-back & Equity Shares with Differential Rights, Internal Reconstruction, and Branch Accounting
Integration with ICAI Study Material
A dedicated 'Chapter-wise Comparison' section demonstrates how each chapter and sub-unit aligns with ICAI's official study material, ensuring readers stay on the correct syllabus track
Marks Weightage Insights
Detailed tables showing how chapters and topics have historically been tested in exams, helping students plan their study schedules strategically
The structure of the book is as follows:
Chapter-wise Marks Distribution – A quick reference table illustrating the weightage of each chapter in past exams
Previous Exams Trend Analysis – A breakdown of recent question papers to identify which chapters/topics are most frequently tested
Chapter-wise Comparison with Study Material – Matches each topic with the corresponding ICAI study material chapter or unit for coherent study
Chapters & Sub-Topics
Each chapter is subdivided into logical segments aligning with specific Ind AS references
The content includes conceptual outlines followed by detailed practical questions and solutions
Solved Papers for May 2024, September 2024, January 2025 & May 2025 Exams – Includes suggested answers, marking schemes, and detailed explanations to guide students on presentation and appro