Taxmann's CA Inter Accounting CRACKER By Kapileshwar Bhalla , Parveen Sharma For November 2021 Exam & Onwards

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PublisherTaxmann AuthorPraveen Sharma LanguageEnglish BindingPaperback Publication DateAugust 2021 Additional FeaturesCovering 23 Past Exam Questions (incl. RTPs & MTPs of ICAI) arranged Sub-topic Wise, with Trend Analysis for past seven attempts for CA Intermediate SubjectAccounting


Taxmann’s CRACKER for Accounting is prepared exclusively for the Intermediate Level of Chartered Accountancy Examination requirement. It covers the entire revised, new syllabus as per ICAI.

The Present Publication is the 3rd Edition, for CA-Inter | New Syllabus, authored by CA Parveen Sharma & CA Kapileshwar Bhalla, with the following noteworthy features:

  • Strictly as per Revised Syllabus of ICAI
  • [Trend Analysis] for the last seven attempts (May 2018 Onwards | New Syllabus)
  • [Marks Distribution] Chapter-wise marks distribution
  • [Comparison with Study Material] Chapter-wise comparison with ICAI Study Material
  • Coverage of this book includes:
    • 23 Past Exam Questions
      • CA Intermediate May 2019 – Accounting
      • CA Intermediate November 2019 – Accounting
      • CA Intermediate November 2020 – Accounting
      • CA Intermediate January 2021 – Accounting
      • CA Intermediate July 2021 – Accounting
    • Questions from RTPs and MTPs of ICAI
  • [Arrangement of Question] Questions in each chapter are arranged ‘sub-topic’ wise

Also Available:

  • [6th Edition] of Taxmann’s Students’ Guide to Accounting Standards
  • Taxmann’s Combo for Textbook + CRACKER

Contents of this book are as follows:

  • Accounting standards applicability of AS
  • AS 1 – Disclosure of Accounting Policies
  • AS 2 – Valuation of Inventories
  • AS 3 – Cash Flow Statements
  • AS 10 – Property, Plant and Equipment
  • AS 11 – the effects of changes in foreign exchange rates
  • AS 12 – Government Grants
  • AS 13 – Accounting for Investments
  • AS 16 – Borrowing Costs
  • Framework for Preparation
  • Presentation of Financial Statements
  • Bonus Issue & Right Issue
  • Profit or Loss prior to Incorporation
  • Redemption of Debentures
  • Redemption of Preference Shares
  • Investment Accounts
  • Insurance Claims
  • Hire Purchase
  • Departmental
  • Branch Accounting
  • Accounting from incomplete records (single entry)

About the author

Kapileshwar Bhalla

CA Kapileshwar Bhalla is a qualified Chartered Accountant. He is a fellow member of the Institute of Chartered Accountants of India. He did his graduation from Delhi University (Shri Ram College of Commerce) in 1996.

He has been actively teaching students Accountancy and Cost Accounting at IPCC and Final levels of Chartered Accountancy since 1999. He has delivered various seminars on Accounting Standards, IFRS and Ind AS at multiple forums to the students and Industry at large.

He is currently associated as a faculty with Aldine CA which imparts coaching to the CA aspirants via satellite. He is also a visiting faculty with ICAI as well as other professional institutes.

Parveen Sharma

CA Parveen Sharma is a first Class Commerce Graduate from Delhi University, having graduated from Sri Venkateswara College. He qualified Chartered Accountancy Course in 1996 and was placed on the merit list (Rank Holder) in Intermediate and Finals. He completed his post-graduation in Indian Accounting Standards and US GAAP in July 2007. He qualified certificate course on valuation from ICAI in January 2010.

He is also an Associate Member of the Institute of Cost and Works Accountants of India and Licentiate of Institute of Company Secretaries of India. He topped Delhi University by scoring 100% marks in Accountancy. He also won Gold Medal in Accounts Olympiad held in 1990.

He has the honour of being co-opted as a member of Board of Studies (2006-2007), Advisor, Accounting Standards Committee (2007-08), Member of Committee for Accounting Standards for Local Bodies for the year 2007-2008, and Regional Monitoring Committee (2003-04) of Institute of Chartered Accountants of India and Member, Committee on Management Accounting of ICAI for the year 2008-09.

He possesses a vast experience of teaching Accountancy to students of CA Final and CA IPCC P.E.II / Intermediate and has been visiting faculty at ICAI and ICWAI. He is currently teaching accountancy to various levels of Professional Institutes and Universities and has addressed several courses and seminars organized by Professional Institute. He has authored research documents on various issues.