Cost Accountant

 The Institute of Cost Accountants of India

CMA Foundation Papers : (MCQ - Without Negative Marks)

Paper - 1: Fundamentals of Business Laws & Business Communication (FBLC)

                   Section A: Fundamentals of Business Laws (80%)

                   Section B: Business Communication (20%)

Paper - 2: Fundamentals of Financial and Cost Accounting (FFCA) 

                   Section A: Fundamentals of Financial Accounting (70%)

                   Section B: Fundamentals of Cost Accounting (30%)

Paper - 3: Fundamentals of Business Mathematics and Statistics (FBMS)

                   Section A: Fundamentals of Business Mathematics (40%)

                   Section B: Fundamentals of Business Statistics (60%)

Paper - 4: Fundamentals of Business Economics and Management (FBEM)

                   Section A: Fundamentals of Business Economics (70%)

                   Section B: Fundamentals of Management (30%)

Manner of Examination : Multiple Choice Questions - (Without Negative Marks)                                                             50 MCQ x 2 Marks = 100 Marks - For each paper

Mode of Examination : At Exam Centres - OMR Mode

Exam Timings : Morning   - 2 Papers (1 Hour Each) - 2 Hours

                               Afternoon - 2 Papers (1 Hour Each) - 2 Hours                                       

 

Eligibility : 12th pass or appearing 
                      10th pass for provisional registration 

Duration : Four Hours (Total for all the four Papers) 

Marks : 400 Marks - (4 Papers x 100 Marks)

CMA Intermediate Papers:

GROUP - I

Paper - 5: Business Laws and Ethics - (100 Marks)

                   Section A: Commercial Laws (30%)

                   Section B: Industrial Laws (15%)

                   Section C: Corporate Laws (40%)

                   Section D: Business Ethics (15%)

Paper - 6: Financial Accounting - (100 Marks)

                   Section A: Accounting Fundamentals (15%)

                   Section B: Accounting for Special Transactions (10%)

                   Section C: Preparation of Financial Statements (20%)

                   Section D: Partnership Accounting (20%)

                   Section E: Lease, Branch and Departmental Accounts (15%)

                   Section F: Accounting Standards (20%)

Paper - 7: Direct and Indirect Taxation - (100 Marks)

                   Section A: Direct Taxation (50%)

                   Section B: Indirect Taxation (50%)

Paper - 8: Cost Accounting - (100 Marks)

                   Section A: Introduction to Cost Accounting (40%)

                   Section B: Methods of Costing (30%)

                   Section C: Cost Accounting Techniques (30%)

GROUP - II

Paper - 9: Operations Management & Strategic Management - (100 Marks)

                    Section A: Operations Management (60%)

                    Section B: Strategic Management (40%)

Paper - 10: Corporate Accounting and Auditing - (100 Marks)

                     Section A: Corporate Accounting (50%)

                     Section B: Auditing (50%)

Paper - 11: Financial Management & Business Data Analytics - (100 Marks)

                     Section A: Financial Management (80%)

                     Section B: Business Data Analytics (20%)

Paper - 12: Management Accounting - (100 Marks)

                     Section A: Introduction to Management Accounting (5%)

                     Section B: Activity Based Costing (10%)

                     Section C: Decision Making Tools (30%)

                     Section D: Standard Costing & Variance Analysis (15%)

                     Section E: Forecasting, Budget & Budgetary Control (15%)

                     Section F: Divisional Performance Measurement (10%)

                     Section G: Responsibility Accounting (5%)

                     Section H: Decision Theory (10%)

CMA Final Papers:

GROUP - III

Paper - 13: Corporate and Economic Laws - (100 Marks)

                    Section A: Corporate Laws (60%)

                    Section B: Economic Laws and Regulations (40%)

Paper - 14: Strategic Financial Management - (100 Marks)

                    Section A: Investment Decisions (25%)

                    Section B: Security Analysis & Portfolio Management (35%)

                    Section C: Financial Risk Management (20%)

                    Section D: International Financial Management (15%)

                    Section E: Digital Finance (5%)

Paper - 15: Direct Tax Laws and International Taxation - (100 Marks)

                    Section A: Corporate Laws (60%)

                    Section B: International Taxation (40%)

Paper - 16: Strategic Cost Management - (100 Marks)

                    Section A: Strategic Cost Management (60%)

                    Section B: Quantitative Techniques (40%)

GROUP - IV

Paper - 17: Cost and Management Audit - (100 Marks)

                    Section A: Cost Audit (50%)

                    Section B: Management Audit (25%)

                    Section C: Internal Control, Internal Audit, Operational

                                        Audit and Other Related Issues(15%)

                    Section D: Forensic Audit and Anti-Money Laundering (10%)

Paper - 18: Corporate Financial Reporting - (100 Marks)

                    Section A: Indian Accounting Standards (25%)

                    Section B: Valuation of Shares, Accounting & Reporting of

                                         Financial Instruments and NBFCs (15%)

                    Section C: Accounting for Business Combinations &

                                         Restructuring (Compliance with Ind ASs) (20%)

                    Section D: Consolidated and Separate Financial

                                         Statements (Compliance with Ind ASs)  (20%)

                    Section E: Recent Development in Financial Reporting (10%)

                    Section F: Government Accounting in India (10%) 

Paper - 19: Indirect Tax Laws and Practice - (100 Marks)

                    Section A: Goods & Services Tax Act and Rules (70%)

                    Section B: Customs Act and Rules (30%)

ELECTIVE PAPERS: (Any one paper out of three Elective papers)

Paper - 20A: Strategic Performance Management and Business Valuation - (100 Marks)

                        Section A: Strategic Performance Management (50%)

                        Section B: Business Valuation (50%)

Paper - 20B: Risk Management in Banking and Insurance - (100 Marks)

                        Section A: Risk Management in Banking (60%)

                        Section B: Risk Management in Insurance (40%)

Paper - 20C: Entrepreneurship and Startup - (100 Marks)

                        Section A: Entrepreneurial Skill Sets (15%)

                        Section B: The Entrepreneurial  Eco-System (15%)

                        Section C: Idea to Action (15%)

                        Section D: Value Addition (15%)

                        Section E: Scale up (10%)

                        Section F: Risk Management Strategies (10%)

                        Section G: Leadership (10%)

                        Section H: Types of New Age Business (10%)