The Cost and Management Accountancy Course by the Institute of Cost Accountants in India helps teach people how to become future business leaders. We teach students about costing and business accounting. This helps them use these ideas in real-life situations. Many students pick this course instead of choices like Company Secretary or Chartered Accountancy because it’s useful for making decisions.
CMA Inter STAGES OF EXAMINATION
This is the starting point of the Cost Accountancy professional course.
CMA Intermediate Programme:
The Intermediate stage follows the Foundation, aiming to develop the skills and competence of students who have completed the Foundation level.
CMA Final Programme:
The Final stage focuses on making students capable and competent Costing Executives, preparing them for roles in companies or professional and consultancy firms.
CMA Inter Positioned as the second stage, this national-level examination emphasizes understanding costing and management accounting concepts. Students often choose this course over Company Secretary or Chartered Accountancy due to its practical application in the field.
Understanding Syllabus of CMA Intermediate 2023
The Institute has outlined a comprehensive syllabus for each paper, specifying the content that will be included in the test.
The test will cover various topics and subjects, and students are encouraged to thoroughly comprehend and master these areas.
It is advisable for students to conduct a SWOT analysis, with a particular emphasis on topics that may appear challenging. Giving more attention to those perceived as difficult will help students better prepare for the test.
CMA Intermediate Exam Syllabus
|Syllabus – 2022: Intermediate Course Curriculum
|Syllabus – 2016 Intermediate Study Material
|GROUP – I
PAPER 5: BUSINESS LAWS AND ETHICS (BLE)
PAPER 6: FINANCIAL ACCOUNTING (FA)
PAPER 7: DIRECT AND INDIRECT TAXATION (DITX)
PAPER 8: COST ACCOUNTING (CA)GROUP – IIPAPER 9: OPERATIONS MANAGEMENT AND STRATEGIC MANAGEMENT (OMSM)
PAPER 10: CORPORATE ACCOUNTING AND AUDITING (CAA)
PAPER 11: FINANCIAL MANAGEMENT AND BUSINESS DATA ANALYTICS (FMDA)
PAPER 12: MANAGEMENT ACCOUNTING (MA)
|Paper-5 Financial Accounting
Paper-6 Laws and Ethics
Paper-7 Direct Taxation Revised Edition January 2023
Paper-8 Cost Accounting
Paper-9 Operations Management & Strategic Management
Paper-10 Cost & Management Accounting and Financial Management
Paper-11 Indirect Taxation Revised Edition January 2023
Paper-12 Company Accounts & Audit
The order of papers has been rearranged from CMA 2016 to CMA 2022 as follows:
- Papers 5 & 6 from the Old Intermediate syllabus are now Paper 6 & Paper 5 in the New Intermediate Syllabus.
- Papers 7 (Direct Taxation) & 11 (Indirect Taxation) have been combined into a single paper, which is now Paper 7 (Direct & Indirect Taxation).
- Paper 10 from the Old Intermediate syllabus has been divided into two papers in the New Intermediate syllabus: Paper 12 (Management Accounting) and Paper 11 (Financial Management and Business Data Analytics). The new subject, Business Data Analytics, is now included in Paper 11.
- Paper 12 from the Intermediate Old Syllabus is now Paper 10 in the Intermediate New Syllabus.
SOME IMPORTANT QUESTIONS
Question: Till when is the CMA 2016 syllabus valid?
Answer: The CMA 2016 syllabus is valid until August 2023, and the last term for exams under this syllabus is June 2023.
Question: How do CMA Intermediate exemptions work if a student switches from Syllabus 2016 to Syllabus 2022?
Answer: If a student is currently pursuing the CMA Intermediate Course under Syllabus 2016 and has already qualified in some groups, they may receive exemptions when transitioning to Syllabus 2022. Exemptions are granted based on their achievements in the groups under the Syllabus 2016.
|Cleared Group I of the Intermediate course
|Exempted from Group I in Syllabus 2022. Must pass Group II to complete the Intermediate Course.
|Cleared Group II of the Intermediate course
|Exempted from Group II. Must appear and qualify in Group I to complete the entire Intermediate Course.
|If a student scores 60% or higher
|If a student obtains 60% or more in any subject
|If a student achieves a score of 60% or above in a subject under the 2016 syllabus, they will be exempted from appearing in that subject for three consecutive terms under the 2022 syllabus.