Corporate Financial Reporting | CRACKER is a comprehensive exam-preparation resource designed for CMA Final students. It compiles fully solved past examination questions up to Dec. 2025, enriched with module-wise mark distribution, trend analysis, and CMA study material cross-references. With its structured, exam-focused approach, this book equips aspirants to confidently tackle Group IV | Paper 18 and maximise their performance.

The Present Publication is the 2^nd Edition for the June/Dec. 2026 Exams. This book is authored by CA. Tarun Agarwal, with the following noteworthy features:

• [Complete Coverage of Past Exam Papers] Fully solved questions from all CFR exams up to Dec. 2025 with step-by-step, examiner-style solutions for clarity and scoring alignment
• [Module-wise Marks Distribution & Trend Analysis] Detailed year-wise marks allocation (2023–2025) along with identification of high-weightage & recurring topics to sharpen focus
• [Tabular Summaries & Snapshots] Every chapter begins with a concise tabular overview for instant recall, which is perfect for last-minute revision
• [Comparison with CMA Study Material] Side-by-side mapping with the Institute's Study Material ensures 100% syllabus coverage with no overlaps missed
• [Marks-driven & Exam-ready Approach] Helps prioritise topics with higher scoring potential, and practical and theory questions are balanced to reflect real exam trends
• [Aligned with Latest Syllabus] Covers all updated Ind AS, recent reporting developments, and exam patterns
• [Time-efficient & Student-friendly] Systematic structure saves revision time, which is ideal for guided learning and independent self-study

This book comprehensively covers all eight modules prescribed in the CMA Final syllabus for Paper 18:

• Specific Accounting Standards
  • Ind AS 8, 12, 16, 21, 23, 36, 38, 102, 108, 113, 115, 116, etc.
• Valuation of Shares
• Accounting of Financial Instruments
• NBFCs – Provisioning Norms, Accounting & Reporting
• Accounting for Business Combination & Restructuring
• Consolidated & Separate Financial Statements
• Recent Developments in Financial Reporting
• Government Accounting in India

The structure of the book is as follows:

• Introductory Aids
  • Module-wise marks distribution (2023–2025)
  • Previous exam trend analysis (compulsory & optional questions)
  • Mapping with CMA Institute Study Material
• Module-wise Chapters
  • Quick tabular summaries for revision
  • Solved questions arranged systematically
  • Balanced focus on theory & practical
• Solved Papers & Analysis
  • Question-by-question mapping with solutions
  • Examiner-style presentation for maximum scoring advantage