100+ Free ICAB AL Case Study Practice Questions
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Key Facts: ICAB AL Case Study Exam
4.5 hours
Exam duration
ICAB Syllabus-2025
100 marks
Total marks
ICAB Syllabus-2025
Advance information
Provided on the organisation before the exam
ICAB Syllabus-2023 Case Study format
Tk. 12,000
Advanced Level Case Study exam fee
ICAB CA education FAQ
The ICAB AL Case Study is a 4.5-hour (270-minute), 100-mark capstone paper testing multi-disciplinary judgment across strategic analysis (25%), financial evaluation & valuation (25%), audit & corporate governance (25%), and taxation, ethics & reporting (25%). This practice bank offers 100 scenario-based MCQs.
Sample ICAB AL Case Study Practice Questions
Try these sample questions to test your ICAB AL Case Study exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.
1Apex Garments Ltd., a leading Bangladeshi ready-made garment (RMG) exporter, is preparing for Bangladesh's graduation from Least Developed Country (LDC) status. The board is evaluating the macro-environmental impact of losing duty-free, quota-free market access under the EU's Everything But Arms (EBA) scheme. Under PESTEL analysis, which factor category and strategic response are most appropriate for Apex?
2A generic pharmaceutical manufacturer in Dhaka is assessing competitive forces using Porter's Five Forces framework. The local market features over 250 licensed generic manufacturers producing identical off-patent paracetamol and antibiotic formulations, with retail pharmacies easily switching between suppliers based on trade discounts. How should the threat of buyer power be evaluated?
3FreshBake Ltd., a well-established industrial bakery with nationwide distribution in Bangladesh, decides to enter the premium frozen processed foods category (e.g., frozen parathas, samosas, and meat snacks) sold to its existing retail grocery network. According to the Ansoff Matrix, which growth strategy does this represent?
4In a corporate portfolio review of a Bangladeshi consumer conglomerate, the edible oil division holds a 42% market share in a mature market with an annual industry growth rate of only 2%. The division generates large positive net cash flows with minimal capital expenditure requirements. In the BCG Growth-Share Matrix, how is this strategic business unit (SBU) classified?
5A Chittagong-based shipping conglomerate is evaluating a proposed BDT 3,000 million cross-border acquisition of a regional container terminal using Johnson, Scholes, and Whittington's SAF (Suitability, Acceptability, Feasibility) framework. The board notes: the terminal addresses key supply-chain bottlenecks (Suitability: High); projected post-tax IRR is 18% versus WACC of 12% (Acceptability: High). However, Bangladesh Bank foreign exchange remitting regulations cap outbound capital account investments, and local syndication debt covenants limit additional gearing. How should the advisor conclude regarding Feasibility?
6Pathik Ride, a ride-sharing tech platform operating in Dhaka and Chittagong, chooses to focus on verified female-driver services for female commuters with premium in-app security monitoring and higher fixed fares. Under Porter's Generic Competitive Strategies, which strategic posture is Pathik Ride pursuing?
7A major steel re-rolling mill in Bangladesh experiences severe production delays and declining gross margins because imported steel scrap shipments face prolonged port congestion and customs clearance bottlenecks at Chittagong Port. According to Porter's Value Chain model, which primary activity is the root cause of this operational vulnerability?
8A commercial bank in Bangladesh is conducting a TOWS matrix strategic formulation. The bank has a robust Mobile Financial Services (MFS) partner network and high brand trust (Strengths), but its legacy core banking software suffers frequent downtime (Weakness). Simultaneously, rural smartphone adoption is booming (Opportunity), while rising sophisticated phishing and SIM-swap fraud presents a critical threat (Threat). Which of the following represents a Mini-Maxi (WO) strategy?
9DhakaSoft Ltd., an enterprise ERP provider, transitions from selling perpetual software licenses with one-time upfront payments to a Software-as-a-Service (SaaS) monthly recurring subscription model hosted on local cloud data centers. In the Business Model Canvas, which two building blocks are most fundamentally transformed?
10A major plastic polymer processor in Gazipur relies on imported petrochemical resin priced in USD. Due to foreign exchange reserve pressures, the central bank enforces strict margin requirements on opening import Letters of Credit (LCs), and the BDT depreciates by 15% against the USD over 9 months. What is the most effective operational and strategic risk mitigation measure for the company?
About the ICAB AL Case Study Exam
The ICAB Advanced Level Case Study is the crowning capstone examination of the Chartered Accountancy qualification in Bangladesh. It evaluates a candidate's ability to operate as a business advisor by synthesizing complex commercial, strategic, financial, auditing, governance, ethical, and taxation issues into professional executive reports and recommendations.
Assessment
ICAB Syllabus-2025 Advanced Level Case Study (100 marks, 4.5 hours). No specification grid is published: the module integrates the technical knowledge and skills of the Certificate and Professional Levels with the analytical and evaluative skills of Corporate Reporting and Strategic Business Management and Leadership, plus practical work experience. Candidates receive advance information about the organisation and its business environment. The paper does not require the detailed computations of the earlier levels, but does require financial and business analysis.
Time Limit
4.5 hours (270 minutes)
Passing Score
Not published as a percentage. ICAB reports subject-wise pass/fail results per sitting and does not publish a permanent public pass mark - confirm the current examination regulations on icab.org.bd.
Exam Fee
Advanced Level Case Study examination fee Tk. 12,000 (ICAB CA education FAQ). ICAB revised Certificate and Professional Level fees at its 778th Council meeting on 27 April 2025 without announcing an Advanced Level change - confirm the fee on the sitting circular at exam.icab.org.bd. (Institute of Chartered Accountants of Bangladesh (ICAB))
ICAB AL Case Study Exam Content Outline
Strategic business analysis
Analysis of a complex business issue in its market and macro-economic context: industry and competitive analysis, strategic options and their evaluation, growth and restructuring choices, stakeholder impact, operations and supply chain risk, and business model change. Locally weighted at about one quarter of the bank.
Financial and quantitative evaluation
Financial and business analysis supporting the report: ratio and DuPont analysis, investment appraisal, cost of capital, working capital and cash cycle evaluation, valuation and economic value added. Locally weighted at about one quarter of the bank.
Audit, assurance and governance
Assurance and governance dimensions of the scenario: engagement risk, evidence and reporting judgements, internal control and governance weaknesses, and the professional obligations of the reporting accountant. Locally weighted at about one quarter of the bank.
Taxation, ethics and corporate reporting
Tax consequences of the transactions in the scenario, the ethical implications the candidate must identify, and the corporate reporting treatment of the events described. ICAB states that candidates must respond to the scenario from all technical perspectives, including taxation. Locally weighted at about one quarter of the bank.
How to Pass the ICAB AL Case Study Exam
What You Need to Know
- Passing score: Not published as a percentage. ICAB reports subject-wise pass/fail results per sitting and does not publish a permanent public pass mark - confirm the current examination regulations on icab.org.bd.
- Assessment: ICAB Syllabus-2025 Advanced Level Case Study (100 marks, 4.5 hours). No specification grid is published: the module integrates the technical knowledge and skills of the Certificate and Professional Levels with the analytical and evaluative skills of Corporate Reporting and Strategic Business Management and Leadership, plus practical work experience. Candidates receive advance information about the organisation and its business environment. The paper does not require the detailed computations of the earlier levels, but does require financial and business analysis.
- Time limit: 4.5 hours (270 minutes)
- Exam fee: Advanced Level Case Study examination fee Tk. 12,000 (ICAB CA education FAQ). ICAB revised Certificate and Professional Level fees at its 778th Council meeting on 27 April 2025 without announcing an Advanced Level change - confirm the fee on the sitting circular at exam.icab.org.bd.
Keys to Passing
- Work through all 100 available questions
- Review every answer and explanation
- Track weak areas and revisit them
- Use our AI tutor for tough concepts
ICAB AL Case Study Study Tips from Top Performers
Frequently Asked Questions
What is the format of the official ICAB Advanced Level Case Study examination?
The official ICAB Case Study is a 4.5-hour (270-minute) single integrative written examination worth 100 marks. Candidates receive pre-seen material several weeks prior to the exam and unseen material on exam day, requiring the preparation of a structured professional business advisory report.
Why does this practice portal provide MCQs for a written Case Study exam?
While the final exam is a written advisory report, rapid diagnostic scenario MCQs test core conceptual knowledge, numerical appraisal formulas, regulatory thresholds (Income Tax Act 2023, BSEC Code 2018), and strategic decision frameworks required to draft high-scoring case reports.
What are the four primary pillars assessed in the ICAB Case Study?
The exam rigorously tests: (1) Strategic Business Analysis, (2) Financial & Quantitative Evaluation, (3) Audit, Assurance & Governance, and (4) Taxation, Ethics & Corporate Reporting.
What is the examination fee for the ICAB Advanced Level Case Study?
The examination fee is typically Tk. 12,000 for the Case Study paper as per ICAB examination notices. Candidates should verify the exact sitting fee on the ICAB exam portal (exam.icab.org.bd).
Which tax laws apply to the ICAB Case Study?
Questions reflect current Bangladeshi legislation, including the Income Tax Act 2023, the Value Added Tax and Supplementary Duty Act 2012, and the latest Finance Act provisions and SROs.
What corporate governance code is applicable?
The Bangladesh Securities and Exchange Commission (BSEC) Corporate Governance Code 2018 (Notification No. BSEC/CMRRCD/2006-158/207/Admin/80) and its subsequent amendments form the core regulatory benchmark for governance evaluation.
Which ICAB syllabus applies to the 2026 examinations?
ICAB has published the Revised CA Syllabus-2025, which applies from the November 2026 examination session onwards (coaching under the revised curriculum started 10 August 2026). Under that syllabus the Advanced Level Corporate Reporting and Strategic Business Management & Leadership papers each run for 3.5 hours and the Case Study runs for 4.5 hours; all three remain written papers. Older web sources still quote the 3-hour and 4-hour durations from the 2018 new-curriculum notice.