icap study text

CA CFAP-1 Advanced Corporate Reporting (ACR) Volume 1 & 2 by Mirza Ali Hassan (FCA) is a comprehensive study resource designed for ICAP CA Final students preparing for the CFAP-1 Advanced Corporate Reporting exam. This Sixth Edition covers all major IAS and IFRS standards, consolidation topics, financial instruments, leases, revenue recognition, and other key areas of the syllabus.

The book includes 25 detailed chapters, simplified explanations, practical IFRS examples, practice questions, and ICAP past papers updated up to Winter 2025, making it an ideal guide for concept building and exam preparation in the open-book CFAP exam. Written by experienced SKANS faculty Mirza Ali Hassan (FCA), this handbook helps students understand complex financial reporting standards in an easy and exam-focused way.