Practical Finance Training
225 Points
Posted on 01 July 2026
For Financial Reporting (FR)
- The ICAI Study Material is your main reference point.
- Some good references to consider if you would like are Praveen Sharma notes/books,M.P. Vijay Kumar, and Aakash Kandoi materials.
For SFM/AFM:
- The ICAI Study Material and the Practice Manual should suffice to cover what you need regarding the exam.
- There are also many reference books, such as J.B. Gupta and S.D. Bala, which have been used by many students. Also, there are many faculty notes available from established coaching teachers.
My Advice: Use one faculty notes + ICAI Study Material + RTPs/MTPs. Do not use multiple references for the same subject, as it often creates confusion when revising.