Taxmann Cracker Combo Papers 4 to 6 (CMA, Auditing, and FM SM) Set of 3 Books for CA Inter

Edition : 2026

CRACKER COMBO for CA Inter | Group II – Papers 4–6 assembles the three CRACKER question-banks that, between them, make up the whole of CA-Intermediate Group II under the New Scheme—Paper 4 (Cost & Management Accounting), Paper 5 (Auditing & Ethics) and Paper 6 (Financial Management & Strategic Management).

Every title shares the same CRACKER discipline—it does not re-teach the syllabus, it converts it into examination-form practice. Each book reproduces the questions ICAI has actually set—across past attempts, Revision Test Papers (RTP), Mock Test Papers (MTP) and the ICAI Study Material—tags each question to its source, and answers it the way the marking rewards: examiner-style worked solutions with working notes for the computational papers (Cost; Financial Management), and crisp, point-wise model answers for the theory paper (Auditing & Ethics).

Each title also mirrors the architecture of its real 100-mark paper, pairing a descriptive component with an objective/integrated-case component (the objective portion carries 30 marks). All three titles are current to the May 2026 examination, with that paper reproduced in full as a solved paper in each book. The combo is built for the revision-and-answer-writing phase across the complete Group—the stage at which the task is no longer learning the subjects but reproducing them accurately and at speed.

The Present Publication is the June 2026 Edition, authored by CA. Ravi Chhawchharia, CA. Yash Doctor, CA. Pankaj Garg, CA. Rakesh Rati & CA. Vivek Panwar, with the following noteworthy features:

• Common
• [Solved Past-Exam Questions to May 2026] Each title integrates solved past-attempt questions up to and including the May 2026 exam (Cost reaches back to early-2000s attempts for theory)
• [Source-Tagged Questions] Every question carries its origin and weight—attempt & marks, or the ICAI Module/RTP/MTP—so each book is a verifiable record of what has been asked, not illustrative practice. (e.g., Auditing: [May 22 (3 Marks); MTP-April 23; RTP-Nov. 23]; Cost: [Sept. 2024, 5 Marks], [ICAI Module])
• [Multiple Question Streams] Questions are drawn from past examinations, the ICAI Study Material (Module), and ICAI RTPs and MTPs
• [Examiner-Style/Point-Wise Model Answers] Practical problems are worked examiner-style with working notes (Cost; Financial Management); theory answers are point-wise and end with a stated Conclusion to mirror ICAI's marking style (Auditing & Ethics; theory throughout)
• [Front-Matter Navigation Tables] Each title opens with a Chapter-wise Marks Distribution over recent attempts (Cost: 2023→May 2026; FM&SM: 2024→May 2026; Auditing: descriptive table May 24→May 26 and a separate MCQ table that totals 30 marks per attempt), so effort can be allocated by examination weightage
• [Integrated Case Scenarios] They are built to ICAI's current objective-assessment pattern
• [Solved May 2026 Paper] The fully solved May 2026 paper, with suggested answers, is reproduced in every title
• Paper-specific
• [Cost & Management Accounting]
• Three front-matter tables (Chapter-wise Marks Distribution; Previous-Exams Trend Analysis classifying every question Practical/Theory with marks; Chapter-wise Comparison with the ICAI Study Material)
• Computational chapters open with a Quick Review of formulae and inventory/costing rules
• A dedicated Chapter 16 of ten integrated case scenarios, each anchoring five two-mark MCQs (10 marks per scenario), with the correct option and a complete worked solution for every MCQ (each scenario source-tagged, e.g. [Jan. 2025, 2 × 5 = 10 Marks])
• [Auditing & Ethics]
• Two-volume set on one identical 11-chapter spine
• Vol 1 (Descriptive): A bank of 780+ numbered descriptive questions and case studies, point-wise answers, source-tagged, with a chapter-wise descriptive marks-distribution table
• Vol 2 (Objective): A chapter-wise bank of individual MCQs (Part A, all 11 chapters, each closing with an Answer Key) plus 80+ integrated case scenarios (Part B, chapter-wise & a Miscellaneous Topics set), and an MCQ marks table that totals exactly 30 marks per attempt
• [Financial Management & Strategic Management]
• Three front-matter tables (Chapter-wise Marks Distribution; Previous-Exams Trend Analysis flagging Compulsory questions and Practical/Theory with marks; Chapter-wise Comparison with the ICAI Study Material)
• Every chapter opens with a point-wise Summary (diagrams, decision rules, step-wise procedures and relevant formulae)
• Includes a fully solved Model Test Paper plus four solved papers—May 2025, September 2025, January 2026 and May 2026—in ICAI's current case-scenario-led format

The coverage of the COMBO is as follows:

• Paper 4 — Cost & Management Accounting (15 Subject Chapters, Objective Chapter & Solved Paper)
• Foundations—cost concepts, cost classification, cost objects, and cost centres/units (Ch. 1)
• Elements of cost & overheads—material, employee (labour) & direct expenses, overhead absorption, and Activity-Based Costing (Ch. 2–5)
• Ascertainment & systems—cost sheet, integral/non-integral cost-accounting systems, and cost–financial reconciliation (Ch. 6–7)
• Methods of costing—unit & batch, job & contract, process & operation, joint & by-product, and service costing (Ch. 8–12)
• Control & decision-making—standard costing & variance analysis, marginal costing & CVP, and budgetary control (Ch. 13–15)
• Objective assessment—integrated case-scenario MCQs & the fully solved May 2026 paper (Ch. 16)
• Paper 5 — Auditing & Ethics (11 Chapters, Mirrored Across Vol 1 Descriptive & Vol 2 Objective)
• Audit fundamentals—nature, objective and scope of audit; audit vs. investigation; inherent limitations (Ch. 1)
• Planning & risk—audit strategy, planning & audit programme; risk assessment and internal control (Ch. 2–3)
• Evidence & verification—audit evidence; assertion-level audit of financial-statement items (Ch. 4–5)
• Documentation, completion & reporting—audit documentation; completion & review; audit reports (Ch. 6–8)
• Specialised audits—special features of audit of different types of entities; audit of banks (Ch. 9–10)
• Ethics & engagement—fundamental principles, independence, and terms of audit engagements (Ch. 11)
• Objective assessment—chapter-wise MCQs, 80+ integrated case scenarios (Vol 2) & the solved May 2026 paper (descriptive in Vol 1, objective in Vol 2)
• Paper 6 — Financial Management & Strategic Management (Section A: 9 Chapters · Section B: 5 Chapters · Practice Papers)
• Financial Management (Section A · 50 Marks)
• FM foundations & funding—scope/objectives of FM and the finance function; types and sources of financing (Ch. 1–2)
• Analysis & cost of capital—ratio-based financial analysis & planning; cost of capital (Ch. 3–4)
• Capital structure & leverage—capital-structure decisions & theories; operating, financial and combined leverage (Ch. 5–6)
• Investment, dividend & working capital—capital budgeting, dividend decisions, and working-capital management (Ch. 7–9)
• Strategic Management (Section B · 50 Marks)
• Strategy foundations & analysis—introduction to strategic management; external- and internal-environment analysis (Ch. 10–12)
• Choice & implementation—strategic choices; strategy implementation and evaluation (Ch. 13–14)
• Practice papers: Model Test Paper & four solved papers—May 2025, September 2025, January 2026, May 2026

The COMBO is organised as three self-contained titles (four volumes), each laid out to the structure of its own paper.

• Cost & Management Accounting
• Fifteen subject chapters, a dedicated objective-assessment chapter (Ch. 16) & the fully solved May 2026 paper
• Preceded by three navigation tables: Marks Distribution · Trend Analysis · Study-Material Comparison
• Each computational chapter runs: Quick Review (formulae) → Theory Questions → Practical Questions
• The introductory chapter is theory-only
• Every question is in ICAI's own phrasing and tagged to source; every practical problem is worked to a complete solution
• Auditing & Ethics
• A single eleven-chapter spine runs identically across both volumes—any topic can be practised first as a written answer, then tested in objective form without changing reference points
• Vol 1 | Descriptive Questions & Case Studies
• The eleven chapters, with questions sequenced under fine-grained topic heads
• Answered point-wise and source-tagged
• Closes with the suggested answers to the descriptive section of the May 2026 paper
• Vol 2 | Individual MCQs & Case Scenarios
• Part A — Individual MCQs, chapter-wise, each chapter closing with an Answer Key
• Part B — Case Scenarios, arranged chapter-wise plus a Miscellaneous Topics set
• Closes with the suggested answers to the objective section of the May 2026 paper
• Financial Management & Strategic Management
• Two sections mapped to the ICAI paper pattern, followed by practice papers, with three front-matter navigation aids
• FM chapters follow a uniform architecture: Summary (diagrams, decision rules, step-wise procedures, formulae) → Theory Questions → Practical Problems grouped under sub-topic headers, each fully solved
• SM chapters follow the same Summary-led approach, supported by theory and case-study/application questions
• The recent solved papers are presented in ICAI's current case-scenario-led format