CA Inter FM SM Question Compiler: ICAI Study Material Questions in One PDF

The table of contents shows two parts. Financial Management takes up most of the file, about 270 pages. Ratio Analysis covers roughly 40 pages, Cost of Capital about 23 and Capital Structure about 35. Leverages takes about 24 pages, Investment Decisions about 48 and Dividend Decision about 23. Working capital is split into six units: Introduction to Working Capital Management, Treasury and Cash Management, Management of Inventory, Management of Receivables, Management of Payables (Creditors) and Financing of Working Capital. Financing of Working Capital alone runs about 35 pages. Strategic Management fills the last 60 or so pages across five chapters, ending with Strategy Implementation and Evaluation. Because the questions follow the ICAI study material chapter order, you can line each chapter up with the module you are reading. The opening pages also carry promotional banners before the question content begins.

The page split in the compiler reflects how much practice each chapter needs. Investment Decisions, Ratio Analysis, Capital Structure and Financing of Working Capital have the longest question sets. These are the calculation-heavy areas where marks depend on correct formats and working notes. Cost of Capital, Leverages and Dividend Decision are shorter but numerical, so treat them as formula-driven chapters to practise until your steps are automatic. The smaller working capital units, Management of Inventory and Management of Payables, take only a few pages each, so they are quick wins. In Strategic Management, the questions follow the flow of strategic analysis, choices and implementation. Answers there reward clear structure and the correct terms from the study material. Keep a list of formulas and SM terms beside you while solving, and mark every question you get wrong so you can come back to it.

Use the compiler after you have read each chapter in the ICAI study material at least once. Solve the questions chapter by chapter in FM, timing yourself on the numerical ones. Compare your workings with the study material solutions rather than just checking the final figure. Once a chapter's study material questions are done, move to the RTPs, MTPs and past exam papers for that chapter to see how the same concepts are tested. Keep Strategic Management for shorter daily sessions: read the chapter, attempt the questions in writing, then revise the key terms. In the last weeks before the exam, return only to the questions you marked as difficult. Having all study material questions in one PDF makes this revision round faster than searching through several modules.

This compilation is meant for CA Inter students preparing Financial Management and Strategic Management, a combined paper in the new scheme. The caption labels it for the May 2025 and September 2025 attempts, so it suits students who studied from the study material for those sessions. Check the current ICAI study material for any later changes before relying on it for a newer attempt. It works well for first-time learners who want structured practice after each chapter. It also helps repeat-attempt students who want to finish every study material question quickly before attempting mock tests. Students who find FM numericals harder than SM theory can use the large FM section, especially Investment Decisions and working capital, as their main practice set.

• Scope and Objectives of Financial Management
• Types of Financing
• Ratio Analysis
• Cost of Capital
• Capital Structure
• Leverages
• Investment Decisions
• Dividend Decision
• Working Capital Management
• Treasury and Cash Management
• Strategic Analysis: External and Internal Environment
• Strategy Implementation and Evaluation

• All CA Inter FM AND SM summary notes
• CA Inter FM AND SM notes: every chapter
• All CA Inter notes
• CA Inter doubts answered by students and mentors
• Trending CA notes this week