Taxmann Cracker -Corporate Accounting and Financial Management Book for CS Executive by N.S. Zad

Corporate Accounting & Financial Management – CRACKER (Previous Exams Solved Papers) is a data-driven, examiner-mapped preparation manual developed specifically for CS Executive – Group 1 | Paper 4, applicable for the June and December 2026 examinations. This book is a precision-engineered exam-training instrument that converts nearly five attempts of CS Executive examination data (up to December 2025) into a structured preparation and scoring framework. Every chapter, question, and solution is positioned to reflect how ICSI actually tests Corporate Accounting and Financial Management, not how the syllabus is theoretically written. The distinguishing strength of this CRACKER lies in its integration of solved questions, marks analytics, exam-trend decoding, and study-material correlation, allowing students to prepare with clarity on priority chapters, depth of coverage, and expected answer formats.

The Present Publication is the 6^th Edition, authored by CS N.S. Zad, with the following noteworthy features:

• [Fully Solved Previous Examination Questions] Every past CS Executive Paper 4 question up to December 2025 is fully solved, with answers drafted strictly in accordance with ICSI's evaluation logic, marking patterns, and answer-presentation standards
• [Clear Segregation of Practical & Descriptive Questions] The book distinctly reflects how the paper is tested—practical numerical questions versus descriptive/theoretical questions, enabling students to adopt the correct answering approach for each category
• [Chapter-wise Marks Distribution & Weightage Analysis] Detailed tables reveal year-wise and chapter-wise marks allocation, highlighting consistently high-weightage areas such as:
• Accounting for Share Capital
• Working Capital Management
• Capital Budgeting
• Financial Statement Analysis
• Capital Structure & Leverage
• [Previous Exams Trend Analysis] Exhaustive trend matrices track:
• Repetition of chapters across exam cycles
• Question types asked (5-mark, 10-mark, 20-mark)
• Evolution of examiner focus over time
• [Chapter-wise Mapping with ICSI Study Material] Each chapter is precisely mapped with the corresponding ICSI Study Material chapter, eliminating ambiguity and duplication in preparation

The book is divided into two integrated parts, fully covering the CS Executive Paper 4 syllabus:

• Part I | Corporate Accounting – Covers all core corporate accounting areas repeatedly tested by ICSI, including:
• Introduction to Accounting
• Introduction to Corporate Accounting
• Accounting Standards
• Accounting for Share Capital
• Accounting for Debentures
• Related Aspects of Company Accounts
• Consolidation of Accounts
• Financial Statement Analysis
• Cash Flow Statements
• Forecasting Financial Statements
• Each chapter is supported by actual exam questions, not illustrative examples
• Part II | Financial Management – Covers the complete financial management framework tested in Paper 4:
• Introduction to Financial Management
• Time Value of Money
• Capital Budgeting
• Cost of Capital
• Capital Structure & Leverage
• Dividend Decisions
• Working Capital Management
• Security Analysis
• Operational Approach to Financial Decision
• The coverage reflects the dominant numerical orientation of Financial Management questions in recent examinations

The internal structure follows a strict exam-logic architecture:

• Chapter Identification as per Syllabus
• Chapter-wise Marks Distribution Table (based on multiple exam cycles)
• Previous Exams Trend Analysis showing recurrence and weightage
• Chronological & Topic-wise Presentation of Questions
• Exam-oriented, Step-by-step Solutions
• Clear Alignment with ICSI Study Material Chapters
• This design allows the book to function simultaneously as:
• A practice manual
• A revision tool
• A strategy guide for marks optimisation