ICMAI CMA Inter Subjects & Syllabus 2024 of Group 1 & 2

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CMA Intermediate is the second level of the CMA course, administered and governed by the Institute of Cost Accountants of India (ICMAI). The CMA Inter syllabus is vast and consists of 8 subjects.

These eight CMA Inter subjects are categorized into two groups, each having four subjects. Students can find the CMA Inter syllabus 2024 for all the subjects on the ICMAI official website or on this page.

The CMA Inter syllabus offers comprehensive information regarding the subjects, topics, and their weightage associated with each chapter. Before starting the preparation, candidates must know CMA Intermediate 2024 curriculum and the marks weightage to prepare for the exams effectively.

So in this detailed post, you will find the complete 2024 syllabus of the CMA Inter subjects of both groups. Let’s find out all the details.

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CMA Inter Subjects and Syllabus for the 2024 Exams

The subjects covered in the CMA Intermediate course are mostly relevant to cost accounting, finance, taxation, etc. and are categorized into further subtopics.

The topics provided in the CMA Intermediate syllabus equip candidates with a comprehensive understanding of financial & cost accounting, laws, direct & indirect taxes, and management.

Here are the CMA Inter Subjects for June 2024 Exams:

  • Paper – 5: Business Law and Ethics (BLE)
  • Paper – 6: Financial Accounting (FA)
  • Paper – 7: Direct and Indirect Taxation (DITX)
  • Paper – 8: Cost Accounting (CA)
  • Paper – 9: Operations Management & Strategic Management (OMSM)
  • Paper – 10: Corporate Accounting and Auditing (CAA)
  • Paper – 11: Financial Management and Business Data Analytics (FMDA)
  • Paper – 12: Management Accounting (MA)

Read More: CMA Exam Dates June 2024


CMA Inter Group 1 Syllabus June 2024

The syllabus CMA Inter Group 1 subjects from Paper 5 to Paper 8 are as follows:

Paper – 5: Business Law and Ethics

TopicsMarks
Section – A: Commercial Laws30 marks
1. Laws of Contracts (Advanced level)
2. Laws relating to Sale of Goods (Advanced level)
3. Negotiable Instruments Act,1881 (Advanced Level)
4. Indian Partnership Act, 1932
5. Limited Liability Partnership Act, 2008
Section – B: Industrial Laws25 marks
6. Factories Act, 1948
7. Payment of Gratuity Act, 1972
8. Employees Provident Fund and Miscellaneous Provisions Act, 1952
9. Employees State Insurance Act, 1948
10. Payment of Bonus Act, 1965
11. Minimum Wages Act, 1948
12. Payment of Wages Act, 1936
13. Pension Fund Regulatory and Development Authority Act, 2013
Section – C: Corporate Law35 marks
14. Companies Act, 2013
Section – D: EthicsTen marks
15. Business Ethics
Total100 maximum marks

Paper – 6: Financial Accounting

TopicsMarks
Section – A: Accounting25 marks
1. Fundamentals of Accounting
2. Accounting for Special Transactions
Section – B: Preparation of Financial Statements40 marks
3. Preparation of Final Accounts of Profit Oriented organizations, Non-Profit Organizations and from Incomplete Records
4. Partnership Accounts
Section – C: Self-Balancing Ledgers, Royalties, Hire Purchase & Installment System, Branch & Departmental Accounts20 marks
5. Self-Balancing Ledgers
6. Royalties, Hire-Purchase and Installment System
7. Branch and Departmental Accounts
Section – D: Accounting in Computerized Environment and Accounting Standards15 marks
8. Overview of Computerized Accounting
9. Accounting Standards
Total100 maximum marks

Paper – 7: Direct and Indirect Taxation (DITX)

SectionTopics

Weightage
Section A: Direct TaxationBasics of Income Tax Act10%
Heads of Income25%
Total Income and Tax Liability of Individuals & HUF15%
Section B: Indirect TaxationConcept of Indirect Taxes5%
Goods and Services Tax (GST) Laws35%
Customs Act10%

Paper – 8: Cost Accounting 

TopicsMarks
1. Introduction to Cost Accounting40 marks
A. Cost Ascertainment – Elements of Cost
B. Cost Accounting Standards
C. Cost Book Keeping
2. Methods of Costing30 marks
3. Cost Accounting Techniques30 marks
Total100 maximum marks

CMA Inter Group 2 Syllabus June 2024

The CMA Inter Group 2 subjects are from Paper 9 to Paper 12 and are as follows:

Paper – 9: Operations Management & Strategic Management 

TopicsMarks
Section – A: Operations Management70 marks
1. Operations Management – Introduction15 marks
2. Operations Planning
3. Designing of Operational Systems and Control35 marks
4. Production Planning and Control
5. Productivity Management and quality management
6. Project Management20 marks
7. Economics of Maintenance and spares management
Section – B: Strategic Management30 marks
8. Strategic Management Introduction
9. Strategic Analysis and Strategic Planning
10. Formulation and Implementation of Strategy
Total100 maximum marks

Paper – 10: Corporate Accounting and Auditing (CAA) 

SectionsTopicsWeightage
Section A: Corporate AccountingAccounting for Shares and Debentures10%

Preparation of the Statement of Profit and Loss and Balance Sheet (As Per Schedule III of Companies Act, 2013)10%

Cash Flow Statement10%

Accounts of Banking, Electricity and Insurance Companies10%

Accounting Standards10%
Section B: AuditingBasic Concepts of Auditing10%

Provisions Relating to Audit under Companies Act, 201330%

Auditing of Different Types of Undertakings10%

Paper – 11: Financial Management and Business Data Analytics (FMDA)

TopicsTopicsWeightage
Section A: Financial ManagementFundamentals of Financial Management5%
Institutions and Instruments in Financial Markets10%
Tools for Financial Analyses15%
Sources of Finance and Cost of Capital10%
Capital Budgeting15%
Working Capital Management15%
Financing Decision of a Firm10%
Section B: Business Data AnalyticsIntroduction to Data Science for Business Decision-making5%
Data Processing, Organisation, Cleaning and Validation5%
Data Presentation: Visualisation and Graphical Presentation5%
Data Analysis and Modelling5%

Paper – 12: Management Accounting (MA)

SectionsTopocsWeightage
Section A: Introduction to Management AccountingIntroduction to Management Accounting5%
Section B: Activity Based CostingActivity Based Costing10%
Section C: Decision Making ToolsMarginal Costing30%

Applications of Marginal Costing in Short Term Decision Making

Transfer Pricing
Section D: Standard Costing and Variance AnalysisStandard Costing and Variance Analysis15%
Section E: Forecasting, Budgeting and Budgetary ControlForecasting, Budgeting and Budgetary Control15%
Section F: Divisional Performance MeasurementDivisional Performance Measurement10%
Section G: Responsibility AccountingResponsibility Accounting5%
Section H: Decision TheoryDecision Theory10%

Read More: CMA Salary in India


Download the CMA Inter Syllabus PDF for June 2024

You can also access the CMA Inter Syllabus and more details about the CMA Inter Subjects electronically by downloading the PDF from the official website. Yet, to make things easier, we have mentioned all the PDF links to all the CMA Inter Subjects. So check these links and download the PDF directly. 

CMA Inter SubjectsDownload Link
PAPER 5: BUSINESS LAWS AND ETHICS (BLE)Click Here
PAPER 6: FINANCIAL ACCOUNTING (FA)Click Here
PAPER 7: DIRECT AND INDIRECT TAXATION (DITX)Click Here
PAPER 8: COST ACCOUNTING (CA)Click Here
PAPER 9: OPERATIONS MANAGEMENT AND STRATEGIC MANAGEMENT (OMSM)Click Here
PAPER 10: CORPORATE ACCOUNTING AND AUDITING (CAA)Click Here
PAPER 11: FINANCIAL MANAGEMENT AND BUSINESS DATA ANALYTICS (FMDA)Click Here
PAPER 12: MANAGEMENT ACCOUNTING (MA)Click Here

CMA Intermediate Exam Pattern 2024

To get the best CMA result, students must know the exam pattern. On its website, ICMAI provides official information on the mode of the examination, the number of papers, the kinds of questions asked, the marking scheme, the duration, the language, and other pertinent details. 

The table below mentions the CMA Inter exam pattern 2024:

ParticularsDetails
Mode of the examinationOffline, Pen-Paper Based
Type of questionsObjective & Subjective
Maximum marks for each subject100
Number of CA Inter Subjects8
Exam Duration3 hours
Negative MarkingNo negative marketing

Students preparing for the 2024 exams can join the CMA Intermediate coaching of VSI Jaipur. Here, you’ll get lectures from the top faculty, mock tests and personal attention.


FAQs of CMA Inter Subjects

Q 1. How many papers are in CMA Intermediate? 

There are eight CMA Inter Subjects, categorized into Group 1 and Group 2. Also, each subject carries 100 marks, and there is no negative marking. Moreover, students need to clear all eight subjects to qualify for the CMA Final. 

Q 2. Which group of CMA Inter is easy? 

The overall opinion is that CMA group 2 is easier than CMA group 1. Furthermore, CMA group 2 passing rates are much greater than group 1 pass rates.

Q 3. Where can I get the syllabus for the CMA Inter subjects? 

You can get the CMA Intermediate syllabus from the official website of ICMAI, and you can download the CMA Inter Syllabus PDF. Also, you can find the direct links above for all CMA Inter Subjects in this post. 


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