SuccessEdge Academy invites aspiring Cost and Management Accountants to review the complete syllabus for the CMA Inter June 2024 session. Prospective candidates can gain access to essential information about subjects, topics, and exam patterns to help them prepare effectively.
CMA Inter Subjects:
The CMA Intermediate Syllabus covers financial and cost accounting, as well as company laws. Group 1 and Group 2 both have four subjects each.
CMA Inter Group 1 Subjects:
Paper – 5: Financial Accounting
Paper – 6: Law and Ethics
Paper – 7: Direct Taxation
Paper – 8: Cost Accounting
CMA Inter Group 2 Subjects:
Paper – 9: Operations Management & Strategic Management
Paper – 10: Cost and Management Accounting and Financial Management
Paper – 11: Indirect Taxation
Paper – 12: Company Accounts & Audit
CMA Inter Syllabus for June 2024 Session:
Group 1:
Paper 5: Financial Accounting (FAC)
- Accounting – Basics
- Preparation of Financial Statements
- Self Balancing of Ledgers, Royalties, Hire Purchase & Installment System, Branch & Departmental Accounts
- Accounting in Computerized Environment and Standards
Paper 6: Laws and Ethics
- Commercial Laws
- Industrial Laws
- Corporate Law
- Ethics
Paper 7: Direct Taxation (DTX)
- Income Tax Act Basics
- Head of Income, Computation of Total Income and Tax
- Tax Management, Administrative Procedures and ICDS
Paper 8: Cost Accounting (CA)
- Introduction to Cost Accounting
- Cost Bookkeeping
- Cost Accounting Techniques
Group 2:
Paper 9: Operation Management & Strategic Management (OMSM)
- Operations Management
- Strategic Management
Paper 10: Cost and Management Accounting, Financial Management
- Cost, Management Accounting and Financial Management
- Financial Management
Paper 11: Indirect Taxation (ITX)
- Canons of Taxations – Indirect Tax GST
- Customs Laws
Paper 12: Company Accounts and Audit (CAA)
- Accounts of Joint Stock Companies
- Auditing
How to Download CMA Intermediate Syllabus 2024:
Step 1: Visit the Institute of Cost Accountants of India’s official website, icmai.in.
Step 2: Go to “Admission” on the “Students” page.
Step 3: Click the same and then choose “Syllabus 2016 – Contents” from the list on the left side of the screen.
Step 4: Choose the CMA Intermediate syllabus and save it for future reference.
CMA Intermediate Exam Pattern 2024:
- Mode of Exam: Online-center based
- Type of Questions: Objective and descriptive
- Maximum Marks per Paper: 100
- Number of Papers: 8
- Exam Duration: 3 hours per paper
- Marking Scheme: No negative marking
CMA Intermediate Study Material 2024:
In the intermediate level, the syllabus consists of eight papers:
Paper 5: Financial Accounting (FAC)
Paper 6: Laws and Ethics
Paper 7: Direct Taxation (DTX)
Paper 8: Cost Accounting (CA)
Paper 9: Operation Management & Strategic Management (OMSM)
Paper 10: Cost and Management Accounting, Financial Management
Paper 11: Indirect Taxation (ITX)
Paper 12: Company Accounts and Audit (CAA)
Top 3 Books for Financial Accounting
Financial Accounting – II As per CBCS Syllabus | 5th Edition
- Authors: Hanif and Mukherjee
- A popular textbook updated with solutions to recent question papers. Aligned with the ABCs syllabus of Calcutta University, it’s beneficial for B. Com students.
Advanced Accounts Volume-1
- Authors: Shukla & Grewal
- A simplified version strengthening accounting basics, recommended for entrance exam aspirants.
Shukla & Grewal’s Cost & Management Accounting
- Authors: Shukla and Grewal
- Tailored for B.Com students following the West Bengal State University’s CBCS curriculum, providing in-depth coverage of cost and management accounting concepts.
Top 3 Books for Law, Ethics, and Governance
Law, Ethics and Governance
- Author: The Institute of Cost Accountants of India
- Recommended by ICMAI, a must-have for CMA exam preparation.
CMA Inter Law and Ethics
- Author: Mayur Agarwal
- Revised for the 2022 exam, written in an easy, comprehensive manner.
Detailed Concept Book of Law and Ethics
- Author: MPJ Saurabh Jain
- Comprehensive explanation of concepts related to law and ethics for CMA preparation.
Top 3 Books for Direct Taxation
Taxmann’s Students’ Guide to Income Tax Including GST
- Authors: Singhania & Singhania
- Bridging the gap between theory and application, presented in plain language.
Indian Economy (English| 3rd Edition)
- Author: Taxmann
- Covers economic topics with excellent conceptual clarity, suitable for various examinations.
Direct Taxes Ready Reckoner
- Author: Girish Ahuja
- Comprehensive text emphasizing the importance of tax through case studies.
Top 3 Books for Cost Accounting and Financial Management
Cost Accounting and Financial Management
- Author: Institute of Cost Accountants of India
- Prescribed book covering essential topics with in-depth understanding.
Cost Accounting: Principles & Practice
- Author: M. N. Arora
- Focuses on practical understanding, widely used by students.
Commercial’s CMA Knowledge Series on Cost & Management Accounting and Financial Management
- Author: Govada Chalapathi Rao
- Essential for understanding question patterns and important topics.
Top 3 Books for Operation Management and Information Systems
Operation Management and Information Systems
- Author: Arun Kumar
- Covers demonetization and its impact on the economy.
S Chand’s ISC Commerce Class XI C. B Gupta 2021 Edition
- Author: C B Gupta
- A widely used textbook for intermediate preparation.
Snowwhite’s Direct Tax Laws and International Taxation
- Author: T. N Manoharan
- Covers analysis of GAAR, POEM, BEPS, and ICDS.
Top 3 Books for Cost and Management Accountancy
Cost and Management Accounting and Financial Management
- Author: Institute of Cost Accountants of India
- Prescribed book by ICMAI, providing questions, syllabus, and in-depth concepts.
A Comprehensive Approach to Cost Accounting
- Authors: Alok Agarwal and Mridu Agarwal
- Concepts presented with examples and more than 600 solved problems.
Cost & Management Accounting
- Author: Colin Drury
- Clear language, concepts illustrated with examples, and over 600 solved problems.
Top 3 Books for Indirect Taxation
Bharat Law House’s Indirect Taxation Containing Service Tax & Customs
- Author: Mohd.Rafi / Bharat
- Written in clear language with illustrations and solved problems.
Indian Economy (English| 3rd Edition)
- Author: Singhania
- Elaborates on economic topics connected to basic economic theories.
Snowwhite’s Direct Tax Laws and International Taxation
- Author: T.N.Manoharan
- Covers GAAR, POEM, BEPS, and ICDS analysis.
Top 3 Books for Company Accounts and Audit
Company Accounts and Audit
- Author: Institute of Cost Accountants of India
- Officially prescribed by ICMAI, featuring important practice questions and solutions.
Advanced Auditing and Professional Ethics 25th Edition
- Author: Surbhi Bhansal
- Designed for quick revision, concise, and to the point.
Audit of Financial Statements
- Author: Pranav Jain
- Thoroughly describes every stage of the auditing process, following ICAI standards.
Discover the SuccessEdge Academy advantage and commence your path to CMA success!
FAQs
How many papers are included in the CMA Inter 2024 syllabus, and what subjects are covered in each group?
The CMA Inter 2024 syllabus includes 8 papers divided into Groups 1 and 2. Group 1 comprises Financial Accounting, Law and Ethics, Direct Taxation, and Cost Accounting. Group 2 includes Operations Management & Strategic Management, Cost and Management Accounting and Financial Management, Indirect Taxation, and Company Accounts & Audit.
What is the exam pattern for CMA Intermediate 2024, including the mode of exam, type of questions, maximum marks, and exam duration?
The CMA Intermediate 2024 exam is conducted online through a center. The questions are both objective and descriptive. Each paper carries a maximum of 100 marks, and the exam lasts three hours. Importantly, there are no negative markings.
How can aspiring candidates download the CMA Intermediate Syllabus for the June 2024 session?
To download the CMA Intermediate Syllabus for the June 2024 session, candidates can follow these steps:
- Visit the Institute of Cost Accountants of India’s official website at icmai.in.
- Navigate to “Admission” under the “Students” page.
- Click on “Syllabus 2016 – Contents” from the list on the left side of the screen.
- Select the CMA Intermediate syllabus and save the file for future reference.
What is the SuccessEdge advantage mentioned in the content, and how can it help in CMA exam preparation?
The SuccessEdge advantage is not explicitly detailed in the provided information. However, it is suggested to explore the iProledge platform for potential benefits in CMA exam preparation, which may include study materials, resources, or guidance tailored to enhance the learning experience.
Can you provide recommendations for top books related to each subject in the CMA Inter 2024 syllabus?
Yes, the content includes recommendations for the best books in each subject area, including Financial Accounting, Law and Ethics, Direct Taxation, Cost Accounting, Operations Management & Strategic Management, Cost and Management Accounting, Financial Management, Indirect Taxation, and Company Accounts & Audit. To help candidates prepare for the exam, recommended authors and titles are provided for each subject.
Content source: iProledge