Darshan Makwana

Dear CA Intermediate Aspirants, There is no time left to revise all these topics in detail. So, just go through the following topics quickly as an overview. Don’t spend too much time on them: 📌 Buy-back of Securities – Journal Entries 📌 Internal Reconstruction – Journal Entries 📌 Branch Accountin…

That's it from my side :)

📊 AS 12 – Accounting for Government Grants ✍️ Remember the basic classification: ❓ Grant related to Revenue → Recognise in P&L over the periods necessary to match the related costs ❓ Grant related to Fixed Asset → Treat according to the prescribed asset-related treatment ❓ Grant received for a spec…

📊 AS 29 – Provisions, Contingent Liabilities & Contingent Assets ✍️ Remember the 3️⃣ conditions for Provision: ❓ Present Obligation → There must be a present obligation from a past event ❓ Probable Outflow → Settlement is probable to require an outflow of resources ❓ Reliable Estimate → Amount can …

📊 AS 13 – Accounting for Investments ✍️ Remember the basic classification: ❓ Current Investment → Held for short-term purpose ❓ Long-term Investment → Investment other than current 💡 Exam Trick (Very Important ⚡) In the exam, follow these steps: 👉 Step 1: Identify whether the investment is Curren…

📊 AS 20 – Earnings Per Share (EPS) ✍️ Remember the basic EPS formula: Basic EPS = Profit attributable to Equity Shareholders ÷ Weighted Average Number of Equity Shares 💡 Exam Trick (Very Important ⚡) In the exam, don’t overcomplicate EPS. Just follow these steps: 👉 Step 1: Calculate Profit attrib…

📘 Accounts – Hot Topics for September, 2026 exams 🔥 ✍️ Focus in this priority order 👇 🔹 Buy Back of Securities / Internal Reconstruction ➡️ Weightage: 4–10 Marks 🔹 Branch Accounting (including Foreign Branch) ➡️ Weightage: ~6 Marks 🔹 AS 3 – Cash Flow Statement (Indirect Method) ➡️ Weightage: ~6 …

📘 Internal Reconstruction – Questionnaire (Exam Revision) ❓ When do we use Capital Reduction A/c in Internal Reconstruction? 👉 Capital Reduction A/c is used when the company undertakes internal reconstruction involving reduction of share capital or sacrifice by stakeholders (shareholders, creditors…

📘 AS 7 – Top 5 Practical Question Areas (Exam Focus) ✍️ Most asked in numerical problems 👇 1️⃣ Percentage of Completion Method Calculation based on cost incurred / total estimated cost, and recognition of contract revenue, cost & profit. 2️⃣ Work Certified vs Work Uncertified Treatment in Contrac…

📊 AS 3 – Cash Flow Statement (Indirect Method) ✍️ Remember the + / − rules: ❓ Increase in Liabilities = + (Add) ❓ Increase in Assets = − (Less) ❓ Decrease in Liabilities = − (Less) ❓ Decrease in Assets = + (Add) 💡 Exam Trick (Very Important ⚡) In the exam, don’t overcomplicate it. Just follow thes…

🚨 TOP 10 MOST IMPORTANT ACCOUNTING STANDARDS – SEPTEMBER 2026 🚨 1. AS 2 – Valuation of Inventories 2. AS 7 – Construction Contracts 3. AS 10 – Property, Plant and Equipment 4. AS 12 – Accounting for Government Grants 5. AS 13 – Accounting for Investments 6. AS 19 – Leases 7. AS 20 – Earnings Per Sh…

🚨 IMPORTANT FOR CA INTERMEDIATE – PAPER 1: ADVANCED ACCOUNTING 🚨 Dear CA Intermediate Aspirants, The combination of the following 5 chapters and Accounting Standards carries an approximately fixed weightage of 50 MARKS in almost every attempt of CA Intermediate Paper 1 – Advanced Accounting: 1. …

CA INTERMEDIATE CORPORATE AND OTHER LAWS [LAW] NEW COURSE DESCRIPTIVE PART PAST EXAMS ANALYSIS BY DARSHAN MAKWANA FOR SEPTEMBER, 2026

CA INTERMEDIATE ADVANCED ACCOUNTING [ACCOUNTS] NEW COURSE PAST EXAMS ANALYSIS BY DARSHAN MAKWANA FOR SEPTEMBER, 2026

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