CMA Inter Financial Accounting: Full Syllabus and Chapter-Wise Weightage

If you are preparing for the CMA Intermediate exam, then cma inter financial accounting is one paper you simply cannot ignore. This subject builds the base of your entire CMA journey. It teaches you how numbers talk, how accounts are prepared, and how financial data is read in real life. Indeed, if your basics are strong here, many future subjects become easier.

Students across India trust structured CMA Inter coaching to understand this paper clearly, because Financial Accounting is not about mugging up. It is about logic, practice, and clarity. Moreover, once you know what to study and how much to study, half the fear goes away.

This guide explains the complete CMA Inter Financial Accounting syllabus, chapter by chapter, along with expected weightage, written in the simplest English possible. Let’s begin.

What Is CMA Inter Financial Accounting?

CMA Inter Financial Accounting is Paper 6 of the CMA Intermediate syllabus under the 2022 scheme. This paper checks whether you can prepare accounts correctly and understand basic accounting rules used by companies, firms, and businesses.

You are tested on:

• Concepts
  
• Practical problems
  
• Journal entries
  
• Final accounts
  
• Accounting standards

The paper is fully practical. Writing practice matters more than reading.

Also Check: CMA Exam Dates

CMA Inter Financial Accounting Paper Pattern (Quick View)

• Paper: Financial Accounting
  
• Level: CMA Intermediate
  
• Marks: 100
  
• Exam Mode: Offline
  
• Question Type: Descriptive + Practical
  
• Passing Marks: 40

You must show proper working notes. Marks are given step by step.

CMA Inter Financial Accounting Full Syllabus (Chapter-Wise)

Below is the latest and verified syllabus based on the ICMAI 2022 syllabus, explained simply.

1. Accounting Fundamentals & Accounting Standards

Weightage: 10–15 Marks

This chapter sets the base.

You study:

• Basic accounting concepts
  
• Accounting principles
  
• Indian Accounting Standards (AS)
  
• Disclosure requirements

Questions are usually theory-based or small practical ones. Moreover, this chapter is easy scoring if read properly.

2. Preparation of Final Accounts

Weightage: 10–15 Marks

This is one of the most asked chapters in cma inter financial accounting.

You learn:

• Trading Account
  
• Profit & Loss Account
  
• Balance Sheet
  
• Adjustments

Questions often come in full form. Indeed, strong practice is required here.

3. Accounting for Special Transactions

Weightage: 15–20 Marks

This is a big and important unit.

It includes:

• Hire Purchase
  
• Installment System
  
• Consignment
  
• Joint Venture

Problems are lengthy but logical. Moreover, questions are repeated often with small changes.

4. Partnership Accounts

Weightage: 10–15 Marks

This chapter focuses on firm-level accounting.

Topics include:

• Admission of partner
  
• Retirement of partner
  
• Death of partner
  
• Profit sharing ratio
  
• Revaluation account

Questions are practical and marks-friendly if concepts are clear.

5. Company Accounts – Share Capital

Weightage: 10–15 Marks

This chapter is very important.

You study:

• Issue of shares
  
• Forfeiture and reissue
  
• Bonus shares
  
• Rights issue

Entries must be perfect. Even a small mistake can cost marks.

6. Company Accounts – Debentures

Weightage: 10–15 Marks

Often combined with share capital.

Topics covered:

• Issue of debentures
  
• Redemption of debentures
  
• Loss on issue
  
• Debenture interest

Moreover, questions are frequently asked in exams.

7. Cash Flow Statement

Weightage: 5–10 Marks

This is a short but scoring chapter.

You learn:

• Operating activities
  
• Investing activities
  
• Financing activities

Direct method basics and indirect method preparation are important.

8. Branch Accounting

Weightage: 5–10 Marks

This chapter checks real-world business knowledge.

You study:

• Dependent branches
  
• Independent branches
  
• Stock and debtors system

Problems are lengthy but systematic.

9. Insurance Claim & Loss of Stock

Weightage: 5–8 Marks

Usually comes as a single problem.

Topics include:

• Fire insurance claim
  
• Loss of stock calculation
  
• Average clause

Indeed, this is a small but sure-shot question area.

10. Single Entry System

Weightage: 5–8 Marks

This chapter tests basics.

You learn:

• Statement of affairs
  
• Conversion to double entry
  
• Capital comparison method

Easy marks if practiced once or twice.

CMA Inter Financial Accounting Chapter-Wise Weightage Summary

Note: Weightage is based on past trends and syllabus importance.

How to Study CMA Inter Financial Accounting Smartly

Here is simple advice that actually works.

• Practice daily. Even 2 questions a day help.
  
• Write full solutions, not mental answers.
  
• Revise journal entries again and again.
  
• Focus more on high-weight chapters first.
  
• Solve past exam papers seriously.

Moreover, always revise mistakes. That’s where learning happens.

Also Read: CMA Inter Question Papers

Frequently Asked Questions(FAQs)

Ques. 1. Is CMA Inter Financial Accounting tough?
Ans. No. It feels tough only when basics are weak. With practice, it becomes smooth.

Ques. 2. Can I pass without coaching?
Ans. Yes, but guidance helps. Many students prefer CMA Inter coaching for structure and revision.

Ques. 3. Which chapters are most important?
Ans. Special transactions, partnership, share capital, and debentures.

Ques. 4. Is theory important?
Ans. Yes, especially accounting standards and small theory questions.

Final Words

CMA Inter Financial Accounting is not about talent. It is about clarity and practice. If you follow the syllabus properly, focus on chapter-wise weightage, and revise regularly, clearing this paper becomes achievable.

Indeed, once this subject is under control, your confidence in the CMA Inter exam rises automatically. Furthermore, strong accounting knowledge helps not just in exams, but in your future career as well.

Stay consistent. Practice daily. You are closer than you think.