Taxmann Cracker - Financial Accounting (FA) Book for CMA Inter by Tarun Agarwal

Financial Accounting – CRACKER (Previous Exams Solved Papers) is a rigorously designed, exam-focused practice companion for CMA Intermediate – Group I | Paper 6 (Financial Accounting). This 6^th Edition is comprehensively updated and fully aligned with the CMA Intermediate examinations. The book serves as a strategic problem-solving and revision resource by compiling solved past examination questions up to December 2025, analysed and presented in a structured, module-wise manner. More than a conventional question bank, this CRACKER integrates trend analysis, marks distribution, and direct mapping with the Institute's Study Material, enabling students to focus precisely on examinable areas and scoring opportunities.

The Present Publication is the 6^th Edition for the June/Dec. 2026 Exams. This book is authored by CA. Tarun Agarwal, with the following noteworthy features:

• [Exhaustive Coverage of Past Examination Questions] Includes fully solved CMA Intermediate Financial Accounting questions up to December 2025, presented with clarity and exam relevance
• [Module-wise Marks Distribution & Trend Analysis] Analytical insights highlighting chapter-wise weightage, frequency of questions, and evolving examination patterns across multiple attempts
• [Tabular Chapter-opening Summaries] Each chapter begins with a concise tabular snapshot outlining coverage, marks trend, and exam relevance for quick orientation
• [Direct Comparison with Institute Study Material] Module-wise mapping with ICMAI Study Material, ensuring complete syllabus alignment and eliminating coverage gaps
• [Exam-oriented Presentation] Solutions structured in line with CMA answer-writing expectations, aiding conceptual clarity and presentation discipline

The book systematically covers the entire CMA Intermediate Financial Accounting syllabus, divided into nine logical modules, as follows:

• Module 1 – Accounting Fundamentals
• Module 2 – Accounting for Special Transactions
• Module 3 – Preparation of Final Accounts
  • Commercial Organisations
  • Not-for-Profit Organisations
  • Incomplete Records
• Module 4 – Partnership Accounting
• Module 5 – Lease Accounting
• Module 6 – Branch and Departmental Accounts
• Module 7 – Insurance Claim for Loss of Stock and Loss of Profit
• Module 8 – Hire Purchase and Instalment Sale Transactions
• Module 9 – Accounting Standards

The structure of the book is as follows:

• Introductory Analysis – The book opens with module-wise marks distribution, previous exams trend analysis, and study material comparison tables, offering a strategic overview of the paper
• Tabular Summaries – Every chapter begins with a concise tabular snapshot for rapid concept recall and focused revision
• Module-wise Arrangement – Content is sequenced in strict accordance with the CMA Intermediate syllabus, ensuring systematic learning and easy navigation
• Solved Papers Section – Includes module-wise solved papers (with suggested answers) for December 2024, June 2025, and December 2025, enabling real-exam practice and performance benchmarking
• Exam-focused Presentation – Answers are drafted to meet examiner expectations, with clear formats, logical workings, and scoring-oriented presentation
• Concept-to-Practice Flow – Each chapter moves from a quick conceptual review to extensive exam-oriented problem solving