CA Inter Advanced Accounting case studies
CA Inter Advanced Accounting · Put your knowledge to work in context.
CA Intermediate Advanced Accounting is one of the papers in the Intermediate level of the Chartered Accountancy course offered by the Institute of Chartered Accountants of India (ICAI), which describes the course on its site under "Courses offered by ICAI" and "Join CA Course - Fulfill your Dreams". This page is an independent study resource for candidates preparing for that paper; it is not affiliated with, endorsed by, or operated by ICAI. The CA Inter Advanced Accounting case studies are 5 cases and about 3,616 words.
1Redemption of Preference Shares: How Much Fresh Issue Is Really Needed?
Prem Kumar Ltd has 30,000 8% redeemable preference shares of ₹100 each, fully paid, which the board intends to redeem on 1 July 2025 at ₹102 per share. On 31 March 2025 the reserves are: General Reserve ₹10,00,000; Profit & Loss surplus ₹5,00,000; Dividend Equalisation Reserve ₹3,00,000; Capital Reserve ₹4,00,000 (arising from sale of a division and realised in cash); Securities Premium ₹2,00,000; Revaluation Reserve ₹6,00,000.
720 words, about 4 min2Amalgamation: Merger or Purchase When 97% of Value Says Yes but 88% of People Say No
On 1 April 2025 Sunrise Ltd absorbs Moonlight Ltd. Moonlight has equity share capital of ₹50,00,000 (5,00,000 shares of ₹10), General Reserve ₹8,00,000, Profit & Loss ₹2,00,000 and a Development Rebate Reserve ₹5,00,000.
720 words, about 4 min3Consolidation: De Facto Control, Options and Goodwill on a Step Acquisition
P Ltd has held 10% of Q Ltd since 2021, carried at ₹12,00,000. On 1 July 2024 P acquired a further 45% for ₹90,00,000 cash.
722 words, about 4 min4Buyback of Shares: Testing the 25% Ceiling, the Special Resolution and Debt-Equity
Vikas Ltd's balance sheet at 31 March 2025 shows equity share capital ₹60,00,000 (6,00,000 shares of ₹10), General Reserve ₹18,00,000, Profit & Loss ₹12,00,000, Securities Premium ₹6,00,000, Revaluation Reserve ₹10,00,000, 9% Debentures ₹40,00,000 and a working capital loan of ₹10,00,000 from a bank. The board proposes to buy back 1,50,000 equity shares at ₹24 each, funded by ₹6,00,000 from securities premium, ₹12,00,000 from Profit & Loss and ₹18,00,000 from General Reserve.
686 words, about 3 min5Hire Purchase Default: Computing Loss on Repossession and Testing the Buyer's Claim
On 1 April 2023 Meera Enterprises sold a machine to Anand on hire purchase. Cash price ₹8,00,000; down payment ₹1,00,000; three annual instalments on 31 March, the first two fixed at ₹3,00,000 each and the third to be the balance including interest.
768 words, about 4 min