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
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%)
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%)
