FAF – Module 1 – Introduction to Financial Statements

Q-II item Reference

Web Accounting Standards Quick Referencer, April 2019, Published by ICAI. (Pdf downloaded)
resources https://resource.cdn.icai.org/55939asb45327.pdf
Suggestion: The learner can go through pages 1-18, which cover the first ten accounting
standards.
Video IFRS Foundation: Debrief – Materiality in Financial Statements. Sept, 2017
https://www.youtube.com/watch?v=j_1Me33GhL4
The Impact of Digital Transformation on the Accounting Profession: A Q&A with Grant
Thornton
https://www.youtube.com/watch?v=INL2SSzXxd4

FAF – Module 2 – Conceptual Framework of Financial Accounting I

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e-book ICAI – Introduction to MS-EXCEL
https://resource.cdn.icai.org/22477ittstm_U4_cp1.pdf
Web Top 10 accounting software in India (pdf downloaded)
resources https://www.icajobguarantee.com/accounting-institute-top-10-accounting-software-in-india/
8 Important factors for selecting a perfect accounting software.
https://www.profitbooks.net/tips-and-in-depth-process-to-choose-best-accounting-software/

FAF – Module 3 – Conceptual Framework of Financial Accounting - II

Q-II item Reference

Web ICAI. Basics of Tally. ERP 9
resources https://resource.cdn.icai.org/22514ittstm_U8_cp2a.pdf
Video ICAI Cloud Campus. Trial Balance Video – Part1,2,3 videos
https://cloudcampus.icai.org/page.html?page_id=2025

FAF – Module 4 – Elements of Financial Statements

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article Deloitte. The quality of Financial Position – Balance Sheet and Beyond
https://www2.deloitte.com/content/dam/Deloitte/in/Documents/risk/Corporate%20Governan
ce/Audit%20Committee/in-gc-guality-of-financial-position-the-balance-sheet-and-beyond-
noexp.pdf
Web KPMG Spark. How to read a cash flow statement. 2020
resources https://www.kpmgspark.com/blog/how-to-read-a-cash-flow-statement

FAF – Module 5 –Financial Statements of Companies

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e-book ICAI. XBRL – A primer
https://resource.cdn.icai.org/20921frpubcd_cit2.pdf
Suggestion: Read chapter 1 to get basic info on what XBRL is
Web KPMG. Illustrative Consolidated Financial Statements.
resources https://assets.kpmg/content/dam/kpmg/in/pdf/2017/03/ind-as-illustrative-financial-
statements.pdf
Read Pages 1-20
 FAF – Module 6 - Financial Statements of Companies

Q-II item Reference

videos OUP (Oxford University Press). Ratio Analysis using Microsoft Excel.
https://www.youtube.com/watch?v=1otWYdVWQ-k&t=63s
Web Rosemary Carlson. Financial Ratio Analysis Tutorial for small business. 2019
resources https://www.thebalancesmb.com/financial-ratio-analysis-tutorial-101-393590

FAF – Module 7 – Cost Analysis for Decision Making

Q-II item Reference

videos Gheorghe Lepadatu. The importance of the cost information on decision making
https://core.ac.uk/download/pdf/6886502.pdf
Web Forbes. Decision making is only as good as quality of data studied. 2020
resources https://www.forbes.com/sites/georgedeeb/2020/07/08/decision-making-only-as-good-as-
quality-of-data-studied/?sh=3849879e5ef6

FAF – Module 8 – Introduction to Financial Management

Q-II item Reference

Videos CFI. Corporate Finance Careers and Summary. 2020
https://www.youtube.com/watch?v=PM3RNRHLgyo
Videos CaseCoach. Case interview with former McKinsey interviewer. 2019
https://www.youtube.com/watch?v=fuys5fWCxJM

FAF – Module 9 – Financial Management Process

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Web RBI. Banker and Debt Manager to Government.
resources https://www.rbi.org.in/scripts/FS_Overview.aspx?fn=2757#:~:text=Under%20the%20adminis
trative%20arrangements%2C%20the,end%20of%20March%20and%20June).
Video Franklin Templeton. What is personal financial planning and its importance.
https://www.franklintempletonindia.com/investor/investor-education/video/importance-of-
financial-plannng-io04og31

FAF – Module 10 – Financial System - Indian and International Scenario 1

Q-II item Reference

Video Viral V Acharya. Development of Viable Capital Markets- The Indian Experience (2019),
Reserve Bank of India
https://www.youtube.com/watch?v=LY0oonguYU0
article RBI. Report on Trends and Progress of Banking in India 2019-20
https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/0RTP2020_F3D078985540A4179B62B773
4C7B445C9.PDF

FAF – Module 11 – Financial System - Indian and International Scenario 2

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Video Anna-Louise Jackson. 2020 stock market in review. The Year that defied Expectations. Forbes
2020
https://www.forbes.com/advisor/investing/stock-market-year-in-review-2020/
article RBI. Report on Trends and Progress of Banking in India 2019-20 – Global Banking
Developments. Pages 1-15
https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/4GLOBALBANKINGDEVELOPMENTS5
5F68B71F7A342F78129D0839EB4F9EE.PDF
 FAF – Module 12 – Time Value of Money

Q-II item Reference

Video FranklinTempleton. Time vs.Timing the Market. 4.40 MIN
https://www.franklintempleton.com.hk/en-hk/investor/resources/video-learning-videos/time-
vs-timing
Article Brian O Connell. Money Management Lessons in the time of Covid. 2020
https://www.thestreet.com/mainstreet/news/money-management-tips-in-2020

FAF – Module 13 – Sources of Long term and Short-term Finance

Q-II item Reference

Web Richard D. Harroch and Mike Sullivan. Startup Financing: 5 Key Funding Options For Your
resources Company. Forbes (2019)
Video Corporate Finance Institute. Working capital funding gap (2018)
https://www.youtube.com/watch?v=crYu2CC4Qto

FAF – Module 14 – Basics of International Trade I

Q-II item Reference

Article McKinsey Global Institute. Globalization in transition: The future of trade and value chains
(2019)
https://www.mckinsey.com/~/media/mckinsey/featured%20insights/innovation/globalization
%20in%20transition%20the%20future%20of%20trade%20and%20value%20chains/mgi-
globalization%20in%20transition-the-future-of-trade-and-value-chains-full-report.ashx
Article IBEF. Indian Export Incentive Schemes. (2020)
https://www.ibef.org/blogs/indian-export-incentive-schemes

FAF – Module 15 – Basics of International Trade II

Q-II item Reference

Article EXIM Bank. Financial Products.
https://www.eximbankindia.in/financial-products
Article Gyanesh Chaudhary (2019). Why India needs a targeted export strategy?. Forbes India
https://www.forbesindia.com/blog/economy-policy/why-india-needs-a-targeted-export-
strategy/