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CFAP 3 – Strategy and Performance Measurement

By Hasnain R. Badami & Muhammad Adeel Strategy and Performance Measurement – CFAP 3 is a part of ICAP at CA Finals, It demands an in-depth understanding of various Business Management models with strategic planning tools to enable CA professionals in the corporate world with management approach. 



CFAP 3 Paper ‘Strategy and Performance Measurement – CFAP3’ is one of those ICAP papers at CA Final level, which demands in-depth understanding of various Business Management models and strategic planning tools to enable CA professionals in embracing the corporate world with forwarding focused management approach.

CFAP 3 paper examines a blend of theoretical knowledge and practical application of business management concepts in given business scenarios which does not only thoroughly test critical analysis skills of students by requiring them to comment on existing state of affairs, but also demand some out of the box thinking to recommend suitable business strategies for sustainable operations. CFAP 3 paper like all other papers of C.A Final, demands mature writing skills, logical thought process and comprehensive knowledge of all the concepts included in the syllabus.


  • Complete & Comprehensive Course Coverage (as suggested in ICAP Syllabus), including risk, ethics area.
  • New ICAP Questions Added
  • Detailed week wise study plans along with clear Study Roadmap.
  • Well-researched & beautiful set of books/ study material (delivered at your doorstep!)
  • Excellent Coverage of ICAP Study Text & ICAP Practice Kit. Very important from exams perspective!
  • Exam Strategy and application!
  • Engaging lectures recorded and updated on Learning Glass technology
  • Exam focused and Extensive Practice of Past Papers
  • 6 Mock Exams (1 Final, 1 Mid, 4 Fortnightly) are conducted and assessed.
  • Active WhatsApp Groups for queries/ support. Committed cohort of learners
  • Access Anywhere, Anytime!


  • 65 Hours i.e. 30 Hours Recorded + 35 hours (live)


Hasnain R. Badami

Hasnain Raza Badami is a qualified Chartered Accountant with cumulative experience of 11+ years in the profession. He also holds a master’s degree in Philosophy – with critical thinking as his area of research interest. His particularly versatile academic background from humanities and business is what makes his classrooms a thoroughly intriguing experience.

Hasnain believes in learning through experience and stories. His real life stories come from his equally diverse experience working in large local and multinational organisations, as well as from training professionals, teachers, and students. More specifically, he has worked with Ernst & Young (Karachi, Dubai and Jeddah offices) and also with Internal Audit function at Engro Polymer before he finally quit Engro to pursue his passion for learning and development work. Presently, he is the co-founder and Director of Ingenium Business solutions that is working in leadership, finance, and digital learning space.

Muhammad Adeel


  • Chapter 1: Strategy, stakeholders and mission
  • Chapter 2: Environment analysis
  • Chapter 3: Competitive forces
  • Chapter 4: Internal analysis
  • Chapter 5: Competitive advantage
  • Chapter 6: Methods of development
  • Chapter 7: Strategy implementation
  • Chapter 8: Finance, R&D and marketing strategies
  • Chapter 9: Operations strategy
  • Chapter 10: IT strategy
  • Chapter 11: Recruitment
  • Chapter 12: Training and development
  • Chapter 13: Appraisals and working environment
  • Chapter 14: Strategic performance measurement
  • Chapter 15: Project management
  • Chapter 16: Identifying and assessing risk
  • Chapter 17: Controlling risk
  • Chapter 18: Business and professional ethics
  • Chapter 19: Conflicts of interest and ethical conflict resolution
  • Chapter 20: Corporate social responsibility and sustainability



Q1. What is the duration of course?

A. We offer one batch for every attempt. Its is a 4.5 months course which begins 6 months before exams and is completed at least 30 days before exams to give ample time to students for self-study.

Q2. Which batch is better for me?

A. N/A

Q3. Do you also offer a crash course?

A. Yes we do. We offer a 2 months crash course which starts exactly 3 months before exams. Crash course covers 60 – 70% of syllabus and only major / important topics.

Q4. Which standards are applicable in exams?

A. N/A

Q5. Do we have live sessions?

A. Yes, we do. You can raise queries, interact with faculty, seek guidance via live zoom webinars. Students generally love it as its quite effective. Recent past papers would be solved with you by the faculty so you can observe the approach and process of solving the questions. 4 months before exams, these live sessions happen on a fortnightly basis and 2 months before they begin to happen on weekly basis.

Q6. Till what date do I get access to the course when I subscribe?

A. You can access the course till your exam date, which means that access will expire on the date of your exam.

Q7. Number of hours of course?

A. 45-60 hours

Q.8 Are these downloadable lectures? Do we need internet connection?

A. Video lectures cannot be downloaded, infact it is strictly prohibited to download them. You can access video lectures online anywhere, anytime from our Learning Management System (LMS). Internet connection is also required to access the course.

Q9. Is it uploaded on a weekly basis or we have full course available to us when we subscribe?

A. The course is a fully guided one. Video lectures are uploaded on monthly basis with precise Weekly Study Plans. e.g. at the start of every month, you get 4 weeks of lectures.

Q10. I want to take the course now but I will attempt in the attempt next to my batch I enrolled in. For example, I have subscribed to June 202X batch but I would attempt in Dec 202X. Can I get an access till the date of my exam in Dec 202X?

A. Using your example, the course will expire on June 202X. However, if you want an extended access, you can pay additional 50% of course fee and take further six months access.

Q11. Which books are best suited for practice along with this course?

A. The course pack includes a comprehensive set of notes/ study manual and question bank for practice. Question bank is prepared by TSB team under faculty’s supervision using wide variety of resources from ACCA, ICAEW, ICMA, ICAP, Other Professional Resources, etc.

Q12. Would I receive books along with this course?

A. Your course fee includes hard copy companion books that will be delivered to your address provided without any hassle. All e-books will also be available with your course and you can download/ use them with these lectures.

Q13. Can I order only books without subscription to the course?

A. Yes, of course you can. Our books are popular among students all over Pakistan. However, please note that these books primarily serve as companion material to the course and they are at best effective with the lectures and faculty guidance.

Q14. How and when would I receive these books in hard copy?

A. All course material will be delivered to you within 5 working days. once you’ve enrolled to the course.

Q15. How would I be able to connect with the faculty till our exams?

A. You always stay connected with us via a very effective WhatsApp group and live webinars.

Q16. Can we share our user ID and password to our friends or if I download content for later reference or sharing to my friends? Is that allowed?

A. Very good and important question. Sharing of User ID, Passwords, downloading of lectures, screenrecording is very strictly prohibited. All our courses are copyrighted protected under Copyrights Laws and sharing / downloading of content could result in legal repurcussions. See our privacy policy.

Q17. I am financially constraint and need some financial assistance from TSB Education, how can I be facilitated?

A. TSB Education is known to stand by its students and facilitate them in whatever way it can. We are a principled organisation committed to the cause of education. if you need our support, please fill out this simple Financial Assistance form and our representative will reach out to you to take the process forward.

Q18. Why TSB Education is offering courses in USD to students who are located out side Pakistan/abroad?

A. Our courses of ACCA and CA are taken by students all over the world i.e. more than 25 countries and 40 cities. Our prices are set keeping in view international prices. However, you’ll find them below our accounting international competitors but as we are a Pakistani organization, so for students residing in Pakistan our prices are at specially reduced rates. You may notice that our prices are not reduced for India and Bangladesh or any other comparable country but only for students residing in Pakistan as we understand paying in US Dollars is expensive for them. Moreover, it is much less than the classroom cost and they save logistics cost too. As for local price comparison, it is suggested to compare our prices with the value you receive. Our courses are of premium quality (you may visit our fb page, YouTube channel, take trial to experience our platform or better ask your friends) and maintaining it to international professional standards take heavy costs at our end.

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