FAR1 REVISION PLAN SEP 2025 (Prep By: Rehan Mustafa)
FAR1 GRIDS & TOPICS
FAR1 is Divided into 3 Grids
Grid A (35–45 marks)
Topic Past Trends (From Mrach-22 to Sep-24) Average Marks
Correction of Errors 5/6 attempts (8 marks)
SOCE 3/6 attempts (9–20 marks)
IAS 8 2/6 attempts (8–9 marks)
IAS 7 – Cashflows 4/6 attempts (15–18 marks)
NPO 5/6 attempts (9–18 marks)
Grid B (20–30 marks)
Topic Past Trends (From Mrach-22 to Sep-24) Average Marks
IAS 33 (EPS) 5/6 attempts (8–17 marks)
Conceptual Framework 3/6 attempts (4–7 marks)
Ratio Analysis 5/6 attempts (7–16 marks)
Grid C (30–40 marks)
Topic Past Trends (From Mrach-22 to Sep-24) Average Marks
IAS 16 (PPE) 6/6 attempts (8–21 marks)
IAS 20 (Govt Grant) 3/6 attempts (7–8 marks)
IAS 23 (Borrowing Cost) 4/6 attempts (6–8 marks)
IAS 36 (Impairment) 3/6 attempts (8 marks)
IAS 40 (Investment Property) 4/6 attempts (3.5–13 marks)
Note: When starting a chapter, first read your class notes to understand the basic concepts. Then, attempt the basic practice
questions solved by your teacher before moving on to past paper questions (From whichever teacher you have studied)Your
priority must be ICAP Past Papers
FAR1 REVISION PLAN: 1st–16th August 2025
Date Day Topics Covered Grid
01 Aug Friday IAS 16 (PPE) C
02 Aug Saturday IAS 16 (PPE) C
03 Aug Sunday Correction of Errors A
04 Aug Monday Correction of Errors A
05 Aug Tuesday Cash Flow (IAS 7) A
06 Aug Wednesday Cash Flow (IAS 7) A
07 Aug Thursday 2nd Revision: IAS 16 + Errors + Cash Flow A/C
08 Aug Friday NPO A
09 Aug Saturday NPO A
10 Aug Sunday Ratio Analysis B
11 Aug Monday Ratio Analysis B
12 Aug Tuesday IAS 8 A
13 Aug Wednesday IAS 8 A
14 Aug Thursday 2nd Revision: NPO + Ratios + IAS 8 A/B
15 Aug Friday IAS 23 + IAS 40 C
16 Aug Saturday IAS 20 + IAS 36 C
NOTE: Mark weak questions/Topics for the final week revision (post-16 Aug).
Third Full Revision – 17 to 22 August 2025
Date Day Topics Covered Grid
17 Aug Sunday Correction of Errors, Cash Flow (IAS 7), NPO A
18 Aug Monday IAS 8, SOCE (Statement of Changes in Equity) A
19 Aug Tuesday Ratio Analysis, Conceptual Framework B
20 Aug Wednesday IAS 33 (EPS) B
21 Aug Thursday IAS 16 (PPE) C
22 Aug Friday IAS 23 + IAS 40, IAS 20 + IAS 36 C
Half Book (4th Revision – 23–24 August 2025)
Allocate time according to difficulty/weakness of the topics
Date Day Topics Covered Grid
23 Aug Saturday Correction of Errors, Cash Flow (IAS 7), IAS 8 A
IAS 16 (PPE) C
24 Aug Sunday NPO, SOCE (Statement of Changes in Equity) A
Ratio Analysis, IAS 23 + IAS 40 / B/C
• You may go one or more days ahead if your topics are not covered above or if you have started from 4-5
August or later.
• Now you have enough time to cover your weak areas/chapters
• After covering all, go for a final revision of complete book and solve Autum-24 ICAP past paper in 3 Hours
one day and days later Attempt ICAP Sep-25 FAR1 past paper in 3 hours.
• Please keep & remind me in Your Prayers
ALLAH Paak sb ko kamyab krein… Ameeeeeen!
Regards: Rehan Mustafa Malick ( CA MURSHID )
