ICMAI CMA Inter Subjects & Syllabus 2022 of Group 1 & 2

CMA Inter Subjects & Syllabus 2022 of Group 1 & 2

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 2022 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 2022 curriculum and the marks weightage to prepare for the exams effectively.

So in this detailed post, you will find the complete 2022 syllabus of the CMA Inter subjects of both groups. Let’s find out all the details.

CMA Inter Subjects and Syllabus for the 2022 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:

  • Paper – 5: Financial Accounting
  • Paper – 6: Law and Ethics
  • Paper – 7: Direct Taxation
  • Paper – 8: Cost Accounting
  • Paper – 9: Operations Management & Strategic Management
  • Paper – 10: Cost and Management Accounting and Financial Management
  • Paper – 11: Indirect Taxation
  • Paper – 12: Company Accounts & Audit

Read More: CMA Exam Dates Dec 2022

CMA Inter Group 1 Syllabus 2022

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

Paper – 5: Financial Accounting

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 – 6: Law and Ethics

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 – 7: Direct Taxation

Section – A: Income Tax Act BasicsTen marks
1. Introduction to Income Tax Act, 1961
2. Income which does not form part of Total Income (Section 10, 11 to 13A)
Section – B: Heads of Income and Computation of Total Income and Tax Liability70 marks
3. Heads of Income and Computation of Total Income under various heads
4. Clubbing Provisions, Set – off and Carry forward of Losses, Deductions
5. Assessment of Income and tax liability of different persons
Section – C: Tax Management, Administrative Procedures, and ICDS20 marks
6. TDS, TCS and Advance Tax
7 Administrative Procedures
8. Income Computation and Disclosure Standards – (ICDS)
Total100 maximum marks

Paper – 8: Cost Accounting 

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 2022

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

Paper – 9: Operations Management & Strategic Management 

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: Cost and Management Accounting and Financial Management 

Section – A: Cost & Management Accounting and Financial Management50 marks
1. Cost and Management Accounting – Introduction
2. Decision-Making Tools
3. Budgeting and Budgetary Control
4. Standard Costing and Variance Analysis
5. Learning Curve
Section – B: Financial Management50 marks
6. Introduction to Financial Management
7. Tools for Financial Analysis and Planning
8. Working Capital Management
9. Cost of Capital, Capital Structure Theories, Dividend Decisions, and Leverage Analysis
10. Capital Budgeting – Investment Decisions
Total100 maximum marks

Paper – 11: Indirect Taxation 

Section – A: Cannons of Taxations – Indirect Tax GST80 marks
Section – B: Customs Laws20 marks
Total100 maximum marks

Paper – 12: Company Accounts & Audit

Section – A: Accounts of Joint Stock Companies50 marks
1. Accounting of Shares and Debentures (25 marks)
2. Presentation of Financial Statements (as Per Schedule III)
3. Cash Flow Statement
4. Accounts of Banking, Electricity and Insurance Companies (25 marks)
Section – B: Auditing50 marks
Part – A: Auditing Concepts (20 marks )
Part – B: Provision relating to Audit under the Companies Act (30 marks )
Total100 maximum marks

Read More: CMA Salary in India

Download the CMA Inter Syllabus PDF

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 directly download the PDF. 

CMA Inter SubjectsDownload Link
Paper – 5: Financial AccountingClick Here
Paper – 6: Law and Ethics Click Here
Paper – 7: Direct Taxation Click Here
Paper – 8: Cost Accounting Click Here
Paper – 9: Operations Management & Strategic Management Click Here
Paper – 10: Cost and Management Accounting & Financial ManagementClick Here
Paper – 11: Indirect Taxation Click Here
Paper – 12: Company Accounts & AuditClick Here

CMA Intermediate Exam Pattern 2022

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 2022:

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 2023 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. From where can I get the syllabus of 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 in this post for all CMA Inter Subjects.