CAF 05 Management Accounting- Sir Jawad Mehmood

📘 Title Name: CAF 05 Management Accounting (Volume 1) — Spring 2026 Practice Manual
✍️ Author: Sir Jawad Mehmood
🏢 Publisher: School of Business Intelligence (SBI)

🔹 Introduction:

CAF 05 Management Accounting (Volume 1) by Sir Jawad Mehmood is a comprehensive Spring 2026 Practice Manual designed for CA students pursuing the ICAP CAF level. Published by School of Business Intelligence (SBI), this manual provides a complete understanding of managerial accounting concepts, featuring detailed examination questions with well-structured solutions. It serves as a reliable companion for mastering cost analysis, budgeting, and decision-making techniques essential for success in professional accounting exams.

🔑 Key Points:

• Explains the Cost of Goods Manufactured (COGM) with clear concepts and practical examples.

• Covers fundamental principles and applications of Cost Accounting.

• Provides step-by-step guidance on Joint and By-Product Costing for accurate cost distribution.

• Offers in-depth treatment of Process Costing with numerical problem-solving approaches.

• Includes Variance Analysis for effective performance evaluation and control.

• Compares Marginal and Absorption Costing for decision-making in management.

• Contains additional Tests and Practice Questions for skill reinforcement.

• Guides on Breakeven Analysis for understanding cost-volume-profit relationships.

• Incorporates Examination-Oriented Questions and Answers aligned with ICAP exam standards.

• Authored by an expert instructor with years of experience in teaching CA and management accounting.

🧾 Conclusion:

Sir Jawad Mehmood’s CAF 05 Management Accounting (Volume 1) is more than just a study manual — it’s a complete learning solution for accounting students aiming for excellence. With a focus on clarity, practice, and conceptual mastery, this manual bridges theoretical learning with exam-level application. Ideal for Spring 2026 attempt candidates seeking confidence and accuracy in Management Accounting.

📚 Table of Contents:

1️⃣ Cost Of Goods Manufacturing (COGM)
2️⃣ Introduction to Cost Accounting
3️⃣ Joint and By-Product Costing
4️⃣ Process Costing
5️⃣ Variances
6️⃣ Marginal and Absorption Costing
7️⃣ Tests and Extra Practice Questions
8️⃣ Breakeven Analysis