Description
A Handbook of Management Accounting CAF-5, 19th Edition is an exam-focused study resource prepared by The Professionals’ Academy of Commerce (PAC) and published by Ishfaq Publishing Company. Designed according to the ICAP Education Scheme 2025, this book supports Chartered Accountancy students preparing for the CAF-5 Management Accounting examination.
Authored by Adnan Rasheed, FCA, an experienced accounting professional and faculty member at PAC Lahore, this edition provides summarized chapter-wise study material, important theoretical concepts, and solutions to ICAP past paper questions. It is designed to help students strengthen their conceptual understanding, revise key topics, and prepare effectively for their examinations.
Key Features
- 19th Edition: Updated according to the ICAP Education Scheme 2025.
- Exam-Focused Study Material: Concise chapter text covering essential management accounting concepts.
- Theoretical Exam Preparation: Selected syllabus content to help students prepare for examinable theoretical questions.
- ICAP Past Papers: A significant majority of past examination questions arranged chapter-wise, covering attempts up to Autumn 2025.
- Updated Solutions: Corrections and improvements to past paper solutions, including formatting and rounding adjustments where necessary.
- Model Paper and Syllabus: Includes syllabus coverage and a model paper to support exam preparation.
- Past Paper Practice: Includes the Spring 2026 past paper.
- Experienced Author: Written by Adnan Rasheed, FCA, who has over 23 years of teaching experience with CA and ACCA students.
Table of Contents
- Introduction to Management Accounting
- Overheads
- Activity-Based Costing
- Labour Costing
- Inventory Valuation
- Marginal and Absorption Costing
- Process Costing
- Target Costing
- Relevant Costs
- Decision-Making Techniques
- Inventory Management
- Cost-Volume-Profit (CVP) Analysis
- Standard Costing
- Variance Analysis
- Cost Flow in Production
- Job and Service Costing
Additional Contents: Preface, syllabus, model paper, and ICAP past paper for Spring 2026.
About the Author – Adnan Rasheed, FCA
Mr. Adnan Rasheed, FCA, has extensive experience in industry, professional firms, and educational institutions. He is a faculty member at PAC Lahore, where he teaches ICAP CAF-5 Management Accounting, CAF-7 Business Insights and Analysis, and CFAP-4 Strategic Business Finance.
With more than 23 years of teaching experience, he has helped CA and ACCA students prepare for professional examinations. He has also authored books for ICAP students and leads the audit and advisory department of a Category A chartered accountancy firm in Lahore.
Book Details
- Book Title: A Handbook of Management Accounting
- Subject: Management Accounting
- ICAP Paper: CAF-5
- Edition: 19th Edition
- Syllabus: ICAP Education Scheme 2025
- Author: Adnan Rasheed, FCA
- Prepared By: The Professionals’ Academy of Commerce (PAC)
- Publisher: Ishfaq Publishing Company
- Publication Location: Lahore, Pakistan
- Edition Date: March 2026
- Category: CA CAF Exam Preparation / Management Accounting
Who Should Buy This Book?
This book is suitable for:
- ICAP CA students preparing for the CAF-5 Management Accounting examination.
- Students following the ICAP Education Scheme 2025.
- Candidates who need chapter-wise practice of ICAP past examination questions.
- Students looking for summarized theoretical material and exam-oriented revision.
- CA students who want to improve their preparation in costing, budgeting, variance analysis, and management accounting decision-making techniques.
Why Choose A Handbook of Management Accounting CAF-5?
Prepare for your ICAP CAF-5 examination with focused study material, chapter-wise past paper practice, and solutions developed by an experienced CA educator. The 19th Edition offers a structured approach to revising key management accounting topics and practising examination-style questions.
Order A Handbook of Management Accounting CAF-5 – 19th Edition from CBP Books and support your CA exam preparation with PAC study material.
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