Financial Management & Strategic Management | CRACKER is a comprehensive study companion tailored for CA-Intermediate (Group II – Paper 6) students, covering Financial Management (50 marks) and Strategic Management (50 marks). This updated Edition is enriched with solved past exam questions (including Sept. 2025), references to ICAI’s Revision Test Papers (RTPs) & Mock Test Papers (MTPs), detailed trend analysis, and chapter-wise summaries. The book seamlessly blends theoretical concepts with practical problem-solving techniques, ensuring that readers develop a comprehensive understanding of both subjects and are well-prepared for upcoming examinations.

The Present Publication is the 11^th Edition for the Jan./May 2026 Exams. This book is authored by CA. Rakesh Rathi and CA. Vivek Panwar, with the following noteworthy features:

• [Coverage of Past Exam Questions] Including the latest Sept. 2025 exam, ensuring students are up-to-date with the most recent patterns
• [Integration of RTPs & MTPs] Issued by ICAI, providing an edge with authentic practice material
• [Chapter-wise Marks Distribution & Trend Analysis] Offering insights into important chapters/topics and helping students prioritise for the exam
• [Sub-topic-wise Arrangement of Questions] Within each chapter, enabling a systematic learning and focused revision experience
• [Solved Model Test Paper] Designed for hands-on practice under simulated exam conditions
• [Chapter-wise Summary Notes] With relevant formulae for quick concept reviews and last-minute revision
• [User-friendly Layout] ensures that complex concepts are simplified, especially for those juggling multiple CA-Intermediate subjects

The coverage of the book is as follows:

• Section A – Financial Management (50 Marks)
  • Scope and Objectives of Financial Management
  • Types of Financing
  • Financial Analysis and Planning – Ratio Analysis
  • Cost of Capital
  • Financing Decisions – Capital Structure & Leverages
  • Investment Decisions/Capital Budgeting
  • Dividend Decisions
  • Management of Working Capital
• Section B – Strategic Management (50 Marks)
  • Introduction to Strategic Management
  • Strategic Analysis (External & Internal Environment)
  • Strategic Choices
  • Strategy Implementation and Evaluation
• Model Test Paper at the end for thorough self-assessment
• Each chapter includes past exam questions, ICAI’s RTPs/MTPs references, and in-depth solutions

The structure of the book is as follows:

• Chapter-wise Marks Distribution – The preliminary pages offer a summary table indicating how many marks each chapter has carried over the last several exams (May 2024 to Sept. 2025). This allows students to see which chapters are tested the most and how trends shift over time
• Previous Exams Trend Analysis – Detailed breakdowns of each attempt’s question pattern, marking scheme, and type (theory/practical). This trend analysis helps identify high-weightage topics and common question formats
• Chapter-wise Comparison with Study Material – A direct comparison with the ICAI’s official study material ensures that students cover every concept in the correct sequence
• Sectional Division – The book cleanly divides Financial Management and Strategic Management into separate sections, each containing dedicated chapters, formulae lists, and practice sets
• Solved Papers and Model Test Paper – A final Model Test Paper simulates exam conditions, while integrated solutions guide students step-by-step.