CA Intermediate Paper 1

CA Inter Accounting Chapter Wise MCQ

Practice 66 questions organized by chapter from official ICAI Study Material. All 15 chapters covered with answers and detailed explanations.

Includes MCQs on Accounting Standards (AS), Company Accounts, and Financial Reporting

✓ New Syllabus (May 2026 onwards) • View ICAI Source

Chapter 1

Introduction to Accounting Standards

MCQs from Introduction to Accounting Standards

5 MCQs

Chapter 2

Framework for Preparation of Financial Statements

MCQs from Framework for Preparation of Financial Statements

5 MCQs

Chapter 3

Application of Accounting Standards

MCQs from Application of Accounting Standards

3 MCQs

Chapter 4

Accounting Standards - Disclosure & Cash Flow

MCQs from Accounting Standards - Disclosure & Cash Flow

3 MCQs

Chapter 5

AS 3 - Cash Flow Statement

MCQs from AS 3 - Cash Flow Statement

6 MCQs

Chapter 6

AS 17 - Segment Reporting

MCQs from AS 17 - Segment Reporting

5 MCQs

Chapter 7

AS 18 - Related Party Disclosures

MCQs from AS 18 - Related Party Disclosures

3 MCQs

Chapter 8

AS 20 - Earnings Per Share

MCQs from AS 20 - Earnings Per Share

5 MCQs

Chapter 9

AS 24 - Discontinuing Operations

MCQs from AS 24 - Discontinuing Operations

4 MCQs

Chapter 10

AS 25 - Interim Financial Reporting

MCQs from AS 25 - Interim Financial Reporting

4 MCQs

Chapter 11

AS 2 - Valuation of Inventory

MCQs from AS 2 - Valuation of Inventory

4 MCQs

Chapter 12

AS 10 - Property, Plant and Equipment

MCQs from AS 10 - Property, Plant and Equipment

5 MCQs

Chapter 13

AS 13 - Accounting for Investments

MCQs from AS 13 - Accounting for Investments

5 MCQs

Chapter 14

AS 16 - Borrowing Costs

MCQs from AS 16 - Borrowing Costs

4 MCQs

Chapter 15

AS 19 - Leases

MCQs from AS 19 - Leases

5 MCQs

Frequently Asked Questions

How many chapters are in CA Intermediate Accounting?

CA Intermediate Advanced Accounting (Paper 1) has 15 chapters covering topics like Accounting Standards (AS), Company Accounts, Partnership Accounts, Corporate Restructuring, Cash Flow Statement, and Financial Reporting.

How many MCQs are available for practice?

There are 66 MCQs available for practice, extracted from the official ICAI Study Material. These cover all 15 chapters with answers and AI-generated explanations.

Are these MCQs from ICAI Study Material?

Yes, all MCQs are extracted from the official ICAI Study Material for CA Intermediate Paper 1 (Advanced Accounting). These are the "MCQs based Questions" provided by ICAI in each chapter, applicable from May 2026 exams onwards.

What is the exam pattern for CA Inter Accounting?

CA Intermediate Paper 1 Advanced Accounting has a mix of descriptive questions and MCQs. The paper is of 100 marks with 3 hours duration. MCQs typically carry 20-30 marks and testing conceptual clarity is key to scoring well.

Which chapters are most important?

Key chapters include: Accounting Standards (AS 2, AS 3, AS 10, AS 16, AS 19), Company Accounts, Cash Flow Statement, and Segment Reporting. These chapters form the foundation of advanced accounting and are frequently tested in exams.

Where can I get free CA Inter Accounting MCQs online?

You can practice 66 free CA Inter Accounting MCQs right here on CA Papers. All questions are from ICAI Study Material with answers and explanations. No registration or payment required.

How to prepare for CA Inter Accounting MCQ section?

Focus on understanding Accounting Standards and their applications rather than memorizing. Practice chapter-wise MCQs first, then attempt mock tests under timed conditions. Pay special attention to AS 2, AS 3, AS 10 and company accounting provisions.

Are these MCQs updated for new syllabus 2026?

Yes, all MCQs are from the latest ICAI Study Material applicable for CA Intermediate exams from May 2026 onwards. The content is updated as per the new syllabus.