Taxmann Cracker - Strategic Performance Management and Business Valuation (SPMBV) Book for CMA Final by Tarun Agarwal, Leena Lalit Parakh

Strategic Performance Management and Business Valuation – CRACKER (Previous Exams Solved Papers) is a precision-engineered, exam-oriented publication developed for CMA Final – Group IV | Paper 20A, applicable for the June/December 2026 examinations. The book is designed to convert the extensive and analytical syllabus of strategic performance management and business valuation into a high-scoring, practice-driven preparation tool, firmly anchored in past examination questions up to December 2025. More than a conventional solved-papers book, this CRACKER integrates fully solved answers, module-wise marks intelligence, exam trend analysis, and direct alignment with ICMAI Study Material, enabling students to focus on high-probability areas, examiner expectations, and optimal answer presentation.

The Present Publication is the 2^nd Edition, authored by CA. Tarun Agarwal & CA. Leena Lalit Parakh, with the following noteworthy features:

• [Fully Solved Past Examination Questions] Comprehensive coverage of CMA Final questions up to December 2025, with structured, step-by-step solutions prepared strictly as per exam-evaluation expectations
• [Module-wise Marks Distribution & Weightage Analysis] Analytical tables highlighting marks allocation and weightage trends across multiple examination attempts, enabling students to prioritise high-scoring modules
• [Previous Exams Trend Analysis] Exam-wise decoding of chapter recurrence, question patterns, marks split, and theory–practical balance, providing clear insights into examiner focus areas
• [Chapter-opening Tabular Summaries] Concise tabular snapshots at the beginning of each chapter for quick orientation, revision, and last-minute recall
• [Module-wise Comparison with ICMAI Study Material] Direct mapping of each module and chapter with the corresponding ICMAI Study Material, ensuring seamless integration between conceptual learning and exam practice

The book offers complete coverage of the Strategic Performance Management and Business Valuation syllabus under Paper 20A, divided into two major sections:

• Section A – Strategic Performance Management
  • Performance, productivity, and efficiency analysis
  • Strategic cost management and financial performance evaluation
  • Advanced performance measurement tools, including Balanced Scorecard, benchmarking, Six Sigma, Lean, TQM, TPM, DEA, and MIS in digital environments
  • Economic efficiency analysis, pricing decisions, and profit optimisation
  • Enterprise Risk Management and Corporate Failure Analysis
• Section B – Business Valuation
  • Fundamentals and principles of business valuation
  • Legal and regulatory framework governing valuation
  • Valuation approaches and methods
  • Valuation of assets and liabilities
  • Valuation in mergers, acquisitions, and strategic restructuring
• The book also includes suggested answers for the most recent examination (December 2025), strengthening readiness for upcoming attempts.

The structure of the book is as follows:

• Syllabus-aligned, Module-wise Organisation for focused and systematic preparation
• Chronological Inclusion of Past Exam Questions to track evolution in examiner approach
• Exam-oriented Answer Formats, reflecting depth, language, and structure expected by CMA examiners
• Front-loaded Analytical Tools (marks distribution, trend analysis, Study Material mapping) to guide preparation strategy
• Revision-friendly Layout supporting multiple reading and practice cycles