CMA Inter Syllabus , Eligibility & Exam Pattern

PAPER 1 FINANCIAL ACCOUNTING

Section A Accounting – Basics

1 Fundamentals of Accounting
2 Accounting for Special Transactions

Section B Preparation of Financial Statements

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 Accounts”
5 Self-Balancing Ledgers
6 “Royalty Accounts, Hire Purchase and Installment System”
7 Branch and Departmental Accounts

Section D “Accounting in Computerised Environment and Accounting Standards”

8 Overview of Computerised Accounting
9 Accounting Standards (Specified only)

PAPER 2 LAWS AND ETHICS

Section A Commercial Laws

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 Laws

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 Law

14 Companies Act, 2013

Section D Ethics

15 Business Ethics

PAPER 3 DIRECT TAXATION

Section A Income Tax Act Basics

1 Basic Concepts
2 Residential Status
3 Agriculture Income
4 “Income, which do not form part of Total Income”

Section B “Heads of Income and Computation of Total Income and Tax Liability”

5 Income under Head Salaries
6 Income under Head House Property
7 “Income under Head Profits and Gains of Business or Profession”
8 Income under Head Capital Gains
9 “Income under Head Income from other Sources”
10 “Income of other Persons included in Assessees Total Income”
11 Set Off and Carry Forward of Losses
12 Deductions in Computing Total Income
13 Reliefs
14 Assessment of Various Persons

Section C “Tax Management, Administrative Procedures and ICDS”

15 Tax Deducted at Sources
16 Tax Collection at Sources
17 Advance Tax
18 Return & PAN
19 Assessment Procedure
20 “Income Computation and Disclosure Standards”

PAPER 4 COST ACCOUNTING

1 Introduction to Cost Accounting
2 Cost Ascertainment – Elements of Cost
3 Cost Accounting Standards
4 Cost Book Keeping
5 Methods of Costing
6 Cost Accounting Techniques

PAPER 5 OPERATION MANAGEMENT & STRATEGIC MANAGEMENT

Section A Operations Management

1 Operations Management – Introd
2 Operations Planning
3 “Designing of Operational Systems and control”
4 Production Planning and control
5 “Productivity management and quality management”
6 Project Management
7 “Economics of Maintenance and Spares management”

Section B Strategic Management

8 Strategic Management Introduction
9 “Strategic Analysis and Strategic Planning”
10 “Formulation and Implementation of Strategy”

PAPER 6 COST & MANAGEMENT ACCOUNTING AND FINANCIAL MANAGEMENT

Section A Cost & Management Accounting

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 Management

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”

PAPER 7 INDIRECT TAXATION

Section A Canons of Taxation – Indirect Tax GST

1 Goods and Services Tax Act & Rules
2 Levy and Collection of Tax
3 Time, Value and Place of Supply
4 Input Tax Credit
5 Registration under GST Law
6 “Tax Invoice, Credit and Debit Notes and other documents under GST”
7 Accounts, Other Records
8 Payment of Tax
9 TDS & TCS under GST
10 Returns
11 Matching Concept under GST
12 GST Audit by Professionals
13 E _Waybills under GST – Basics

Section B Customs Laws

14 Customs Law – Basic Concepts
15 Types of Duties
16 Valuation under Customs
17 Import & Export Procedures
18 “Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017”

PAPER 8 COMPANY ACCOUNTS & AUDIT

Section A Accounts of Joint Stock Companies

1 Accounting of Shares and Debentures
2 “Presentation of Financial Statements (as per Schedule III)”
3 Cash Flow Statement
4 “Accounts of Banking, Electricity and Insurance Companies”
5 “Accounting Standards (AS – 11, 12, 15, 16, 17, 18 and 19)”

Section B Auditing

6 Auditing Concepts