(92 customer reviews)


Prof. Bhavik Chokshi’s FR – SHIELD is a compact theory book covering theory pertaining to all important concepts for Financial Reporting – CA Final.

This 330 pager book will be helpful for understanding the concepts in Financial Reporting and for last day revision of concepts.

Relevant for May 24 and onwards

P.S – This book only covers theory and does not include any sums.

SKU: GSIFRS - 001 Category: Tags: , , , , , ,





  1. Siddharth shah


  2. Priyesh Pandey (verified owner)

    This book is as amazing as Bhavik sir. If you are short on money to buy any FR classes, just go for it.
    Read this + Revision videos of bhavik sir along side, your concept will be 100% clear.
    This book covers only the concepts and not sums, for same – refer Institute material.

    PS – I was a fast track batch student – PD. Above opinion subject to vary with person who has not taken classes at all or taken classes from other faculty.

    • admin

      Thank you Priyesh. We are really glad the book and the lectures helped you!

  3. Arpit Chotalia (verified owner)

    Best book for conceptual revision. All at one place. Really helpful for quick and speedy revision

    • admin

      Thank you 🙂

  4. Aditya (verified owner)

    Well, the book was really really amazing, but along with that super quick doubt solving, clarity over concepts which I had foregone thinking to be tough and a helping hand towards last minute concept revision. This book is just super amazing! Thanks a lot sir!😊 I wish I’d have known you for my first attempt, maybe I’d have been a CA by now! Anyways! Thanks a lot sir!!!!❤️❤️

    • admin

      Thank you so much Aditya! Eagerly waiting to hear from CA Aditya 🙂

  5. Gayathri (verified owner)

    I’m a YouTube student of Bhavik sir. I’m a self study student and lectures really helped me to understand the concept very well.. Coupled with that, FR shield helped to remember concepts so easily..

    Sir, you’re my inspiration and one of the persons whom I look up to… Keep going sir!!!!

    • admin

      Thank you for your kind words Gayathri!

  6. Prakash Choudhary (verified owner)

    Awesome book . Very helpful for revision

    • admin

      Thank you 🙂

  7. Dimple Bhansali (verified owner)

    Compact was extremely helpful in last day revision during exams to recollect important concepts.

    • admin

      Thank you 🙂

  8. Balaji C (verified owner)

    It was very much helpful during exams. It helped me quickly recap the concepts the day before exam and it saved me

    • admin

      Thank you 🙂

  9. Eric Gonsalves (verified owner)

    This book is very good for learning key concepts and important theory needed for the exam. All chapters are covered in the least amount of pages and is quite useful before the exam. This book required a lot of hard-work to summarise and it clearly shows. No colourful gimmicks. Just a plain black and white book with good spacing to explain concepts with the help of charts and big headings. Maybe next version could be spiral binded.

    • admin

      Thank you 🙂

  10. Karan (verified owner)

    Really helpful. Summarizes every IndAS perfectly.

    • admin

      Thank you 🙂

  11. Jay (verified owner)

    Nice book for last day revision

    • admin

      Thank you 🙂

  12. Taronish (verified owner)

    Very helpful book

    • admin

      Thank you 🙂

  13. Prathamesh Kulkarni (verified owner)

    This is the best material. Since FR is so huge, its important to keep things compact. This book provides the best content and i could revise FR in short span courtsey to this book.
    Also it is useful in ny elective paper i e. GFRS too.
    If anyone want to buy this book, a BIG YES, would definitely help

    • admin

      Thank you Prathamesh. Glad the book helped you both for FR and GFRS 🙂

  14. Mohit Rana (verified owner)

    Best book for concept revisions 👍🏻

  15. Namira Qureshi (verified owner)

    It’s truly a Savior…
    I know it’s a compact of pure thoery only…Bt few more short example will be like icing on the cake…For typical concepts for instance reverse acquisition, embedded derivative…..
    Fonts are good…Bt that grey background in charts were kind of absorbing the content in the chart rather than reflecting the content…
    Overall….It was dammm good helped me a lottt
    Thanks a lottt Sir…

    • admin

      Thank you for the feedback. We will work upon the same 🙂

  16. Karan Mahajan (verified owner)

    Best book available for revision of such a vast subject. Thank you so much Sir for this, it was extremely useful to revise from this just before exam.

  17. Bhoomi Shah (verified owner)

    Sir, this book was, of great help for last minute revision.

  18. Prachi Sancheti (verified owner)

    Crisp and concise and provides clarity of concepts. Loved the book. Made it super easy to revise the entire syllabus before the exam.

    • admin

      Thank you. We are really glad that the book helped you while revising 🙂

  19. Pavethra (verified owner)

    An amazing book! Thanks to Bhavik sir.
    The book plus the youtube revision videos were really helpful.
    Summarises almost all the concepts needed from an exam point of view.

    • admin

      Thank you. Glad the book and lectures helped you 🙂

  20. Aayushi (verified owner)

    Best book.. specially for last day revision to go through all the concepts at one go.. Bhavik sir your lectures and book both are just amazing.

    • admin

      Thanks a lot for your kind words

  21. Parikrama Goswami (verified owner)

    Amazing Book! Covers everything that Sir has taught in class, even every small point too.
    If for any reason notes are incomplete or somebody is short of time to take the whole classes, they can refer this book along with ICAI material and the work is done.

    • admin

      Thank you!

  22. Meera (verified owner)

    Amazing book. Very helpful for the revisions.

    • admin

      Thank you 🙂

  23. Lalitha S (verified owner)

    My entire FR preparation was dependent on Bhavik sir’s videos. This book came as a blessing. It was extremely helpful since this book is a One stop solution for revising all the IND AS. Thank you so so much sir.

    • admin

      Thanks a lot Lalitha

  24. Pradhyumn Samdani (verified owner)

    Very helpful during last days revision , able to cover all Ind AS at once on the exam day to revise all concepts.

    • admin

      Thank you!

  25. Rahil Shah (verified owner)

    Thank you so much sir for this book. It is amazing and makes it easy to revise FR just before exams.

    • admin

      Glad the book helped you 🙂

  26. Sanskar (verified owner)

    It is actually a Shield for protecting you from all attacks of heavy concepts…..
    Most helpful……one of mine best decision to purchase it….thanks to Bhavik Choksi sir for this great material…..

    • admin

      Thanks a lot Sanskar 🙂

  27. Swarna (verified owner)

    The book is amazing!!concepts are crystal clear and gave a helping hand while revising right before exams. I took classes from another faculty but even this book served the purpose.. A huge thanks to bhavik sir for this book.

    • admin

      Thank you Swarna. Glad the book helped you for your last minute preps 🙂

  28. R.VAIRAMUTHUVEL VEL (verified owner)

    GOOD for revision

    • admin

      Thank you 🙂

  29. Sneha Kumar (verified owner)

    It is “The best book”. Knowing how voluminous FR is , I don’t think anybody should have a second thought of buying it. All the concepts are covered in a short and crisp manner.
    Thank you Bhavik Sir

    • admin

      Thank you Sneha!

  30. Hitesh Punjabi

    FR Shield is one of the Best Books. Prof. Bhavik has included each and every area of the Topic. Many places examples and Extra Explanations have also been included. I Thank You Sir for such a WonderFul Book…!!

    • admin

      Thank you Hitesh. We are really glad you liked the book 🙂

  31. Arun Gangwar (verified owner)

    As I didn’t take classes from bhavik sir , But I am fully satisfied notes I want , Its covers all imp topics in easy nd simple manner , very good for revision .

  32. Parth Suhaskumar Monani (verified owner)

    To the point & best book.
    Please make 1 question book also

    • admin

      Thank you 🙂 We do have a question book as well. Do get in touch with the team on 90828 10221 to know more

  33. Manideep (verified owner)

    Very helpful book for last day revision

  34. Prasanth Gurram (verified owner)

    Awsome for big chapters …before exam it was helped so much

  35. Fagun (verified owner)

    Provides great clarity on concepts! The book along with YouTube lectures is a superb combination for subject revision

    • admin

      Glad the book helped you 🙂

  36. Ankur Sheth (verified owner)

    This book is a perfect compiler for entire Financial Reporting revision

  37. Mudit Sethia (verified owner)

    This book is really great and a real shield for FR. sir has put in so much effort on FR and GFRS and than this book is a toppings on the all those efforts. I am really blessed to get to know about bhavik sir, and out of the interest grown up with his teaching style lead me to opting GFRS and than this FR shield was a real saviour in my GFRS exams too. Thank you so much sir!!

  38. Mudit Sethia

    This book is really great and a real shield for FR. sir has put in so much effort on FR and GFRS and than this book is a toppings on the all those efforts. I am really blessed to get to know about bhavik sir, and out of the interest grown up with his teaching style lead me to opting GFRS and than this FR shield was a real saviour in my GFRS exams too. Thank you so much sir!!

    • admin

      Thank you so much for your kind words Mudit! Glad it helped you in both the subjects 🙂

  39. Sejal (verified owner)

    Quick revision book very much helpful.

  40. Krishna Giri

    Thank you so much sir for your efforts towards us and helping to get an exemption in FR by this precise and concise book.

    • admin

      Congratulations. Glad the lectures helped you 🙂

  41. karthick0409 (verified owner)

    Compact book covering all the major areas in FR. Highly recommended!

  42. Parthan Patel (verified owner)

    4 modules covered in 264 pages that to with logics. Wonderful book!!!!!

  43. Akshat Jain (verified owner)

    If you’ve taken Regular FR batch, you don’t need this book since Bhavik Sir makes us write these notes.
    For GFRS Students, this book is a blessing since all concepts covered in the same book.

  44. Nikita (verified owner)

    Best for Revision

  45. Anushree (verified owner)

    I’m grateful to sir for curating a book which contains all the concepts in such a crisp and lucid manner. I found it to be extremely beneficial during my last minute revision.

  46. Praneeth (verified owner)

    Finest and quick quality conceptual book for FR

  47. Udit Arora (verified owner)

    This book provides conceptual clarity and good book for revision one day before exam

  48. AMIT NISHAD (verified owner)

    Best book for FR all concepts is properly covered helpful on a day before exam.

  49. Jeet (verified owner)

    A perfect benchmark for how books should be

  50. harshit dudeja (verified owner)

    Short, simple and crisp notes. Easy to understand. Highly recommended.

  51. Nandan Naik (verified owner)

    Exhaustive material with great content!

  52. Maithilee Lakshmanan (verified owner)

    Most useful material for new course FR. Bhavik sir’s to- the- point notes and comprehensive manner of making available all the Ind AS points at one place is brilliant and a boon for exams. Thank you

  53. Shubham (verified owner)

    It is really helpful, for first time read as well as last day revision.

  54. Shahbaz Khan (verified owner)

    Best concise concept book for FR. Highly recommend if you cannot gi through full ICAI-SM. Read this and solve questions from your question bank compiler, write important questions in concept book itself. This will save lot of time.
    And those who have taken classes from Bhavik sir, Before the release of this book, I recommend you to buy this. It will be helpful and save lot of time.
    I took this book for GFRS exam. I didn’t take ICAI study material. It has good coverage.

  55. Bhavin Gandhi (verified owner)

    Very easy to understand and Perfect synopsis of each standard. It will save lot of time while revising each standard. Qualified CAs can use as a reference book for IFRS/Ind AS

    • admin

      Thank you Bhavin. Glad it helped you 🙂

  56. Sairaj shetty (verified owner)

    Crisp, accuate and wonderful.
    Probably my BEST decision was to purchase this book and refer it along with youtube revisions videos.

  57. Prajakta keny (verified owner)

    The book is so helpful for multiple revisions to quickly brushup also during last week of exam it becomes time saving to revise from this book.

  58. Vedika

    This is the best book
    Bhavik sir is the best!
    This is the only book you need just before exam day to revise everything in very less time.

  59. Nisarg (verified owner)

    Best Book which covers all the concepts in a simplified manner. It will be helpful in revising all the concepts on the day before exam in a shortest duration. It will save a lot of time while revising.

  60. jagadeesh

    to me this Book helped a lot for FR preparation and to write GFRS exam within time.

  61. VENKATARAMANA UPPADA (verified owner)

    Compact was extremely helpful in last day revision during exams to recollect important concepts. Very easy to understand and Perfect synopsis of each standard. It will save lot of time while revising each standard

  62. sharath

    Is this book applicable for may 2022 final exam

    • admin

      Yes it is the updated one

  63. Girishma S (verified owner)

    Accurate and easy to understand

  64. Akshika Somani (verified owner)

    The clearshot way you can complete your revision of concepts on last days and helps alot to quickly revise all ind as.. very concise.. upto the mark .
    Thank you..

  65. Jayeash (verified owner)

    Really really awesome book; THEEE best book for FR. Very concise and useful for revision.

  66. Lekshmi Mohan

    Best book for revision.I suggested it to my friends too.Thank you sir for this wonderful book.😊

  67. Rucha (verified owner)

    Easy to understand and best book for last day revision.

  68. Aravindhan A (verified owner)

    As the name says that is really Shield for FR
    I was able to prepare well and give output in the exam hall it’s because I read Shield 2 to 3 times
    Thanks to Bhavik sir though I am not his student
    Sir one request pls try to put some charts SM itself it will be complete in all respect
    Thanks & Regards

  69. Akshay

    One of best book of FR ❤❤❤

  70. Mohammed Fayazudeen (verified owner)

    I scored an exemption in FR.
    The biggest challenge for FR is to revise topics day before exam.
    This book made it easier.

  71. Naman Malpani (verified owner)

    One of best fr book i can have i have passed ca exam may 2022 and i can this books really works for. Last revision as i dont have open my books again again to revise concept

  72. Vinay kishore (verified owner)

    Very useful for fast and easy revision. I referred last 6-7days before exam, your book for concepts and icai for questions. And i scored 60 in FR.
    Thanks for your clear and point to point clarity in concepts in FR SHIELD book❤

  73. Manthra Manikandan (verified owner)

    Found it extremely useful for my CA Final exams. Fantastic book! But will recommend only after you have covered the syllabus once already.

  74. Seetha (verified owner)

    Best book for FR. Thank you Bhavik Sir

  75. Shreya Shenoy (verified owner)

    I had purchased the FR shield book for FR. This book proved very helpful in revising the concepts in a summarised form. Sir has covered all the Ind AS in a very concise manner. It is perfect for the last day revision I.e right before the exam. One can even add the important question numbers next to the concepts in the respective Ind AS so they can revise the questions as well along with the concepts. A big thank you Sir for this book. It helped me score an exemption in FR.

  76. ashish nihalani (verified owner)

    Saviour for CA Final exams.
    Really helpful for revising concepts within a short span of time.

  77. Narayan Sharma (verified owner)

    As the name says, a compact book for FR. Probably, the best book!!

  78. Bincy Eldhose (verified owner)

    I had my first attempt this may 22. I started taking lectures during my 3 month study leave knowing its risky. I first took FR classes from another faculty whose name I dont want to disclose, but it didnt really work, in fact it was an outdated class and hardly covered the syllabus ( I was actually fooled by a digital institute providing outdated classes on a discounted rate). I was short of time and almost lost hope, cursed myself for not taking classes early and also for making the wrong choices in the last minute. After long hours of crying and worries one of my friend who was that time taking FR Fast track classes advised me to listen to your youtube revision videos and purchase this concept book. I listened to all your revision videos in youtube referred this concept book and went through the illustrations in ICAI SM. Except for consolidation and business combination I almost understood every other chapter well solely by listening to your revision videos and this book. I went for my exams, ofcourse I couldnt write the first question which was from business combination and straightly 15 marks was gone. Started the exam with 4th question which was from Financial Instruments, mistakenly read Rs. 1.5 crore bonds as 1.5 crore number of bonds and answered the entire question based on that, though inside me someone was telling am doing it wrong, after about 30 minutes realised my mistake and had to strike off first few pages of my answer sheet. I felt extremely low and wanted to give up. Closed my eyes, prayed to almighty and started again, I ended up writing for 60 marks. BY Gods grace I cleared Group 1 and got 46 marks for FR. Thanks to Bhavik Sir. For SFM, I took fast track batch and that also worked. Thank you so much sir for making these subjects easy to crack.

  79. Rutvik Vaishnav (verified owner)

    Sir I am a “YouTube” student of yours having a deep regret of not taking your coaching for FR at the first instance. Your teaching is simply superb and so is the FR shield. It has been a month I guess since I got this wonderful book and I am pretty sure at this point of time that I am going to get a decent 60+ score(minimum) in financial reporting paper in Nov 22 exams. So if anyone is going through the reviews and is yet to start with FR coaching for upcoming exams this is the one stop solution. You will definitely be comfortable with the subject afterwards and shield is like a cherry on the cake.

  80. Anant (verified owner)

    Detailed conceptual clarity has been given by Bhavik Sir and team which makes easier and interesting to read this book. Highly recommended

  81. Swetha kayathri (verified owner)

    This book is best for concepts revision. It’s covers almost all the concepts and it’s very easy to solve sums referring to FR shield. Thank you sir for this book. I have one suggestion please make more FR revision videos with sums it would be very useful for students like us. The way you explain the concepts is too good sir. So it would be really helpful. Thank you.

  82. Gokul (verified owner)

    This book is literally saving time spent on going through the Study Material for conceptual clarity. Very Helpful. Complements with youtube revision lectures

  83. Tejashree Save

    Conceptual clarity and detailed explanation in each and every topic given by Bhavik sir which helps to easily understand topics and shield is also useful for quick understanding.

  84. Neelam Meghani (verified owner)

    Best book ✨

  85. Vikram Kumar (verified owner)

    Good book. This book saves alot of time in understanding and Revision of concept.

  86. Divya Balakrishnan (verified owner)

    This book is the best one available for FR! Covers all the concept in approx 300 pages.

    The content is summarized in charts which makes it extremely easy to go through before exams. Plus, questions are cross-linked with the shield so we can easily cover up the sums alongside the concepts.

    Definitely recommended!

  87. Ramadevi (verified owner)

    Very helpful 👍

  88. ASHISH MUKESHBHAI PINJANI (verified owner)

    Thank you sir

  89. Atharva A (verified owner)

    Classic And Concise Book Covering many Aspects

  90. Galla Ramadevi (verified owner)

    Conceptual clarity is good 👍 and very useful for one day before exam

  91. Fenil Shah (verified owner)

    Compact Book covering all the concepts, really great to refer while revising concepts

  92. Shrutam Mogra (verified owner)

    A book that will help in exams as well as practical problems, best book for IND AS

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