Cost and Management Accountant - Foundation

Subjects

Paper	Subjects	Marks *
Paper 1	Fundamentals of Economics and Management	100
Paper 2	Fundamentals of Accounting	100
Paper 3	Fundamentals of Laws and Ethics	100
Paper 4	Fundamentals of Business Mathematics and Statistics	100

* Passing criteria 40% in individual subjects and 50% in aggeregate of each group.

Exam Pattern

• CMA Foundation Exam Duration is 3 hrs with each paper will be of 100 marks.
• Exam conducted twice a Year (June and December).
• Mode of examination offline only.
• No negative Marks.
• National level of exam.
• There is a negative marking scheme in the objective types, for every wrong answer ¼ th of the marks will be deducted.

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Paper	Subjects	Marks *
Paper 1	Fundamentals of Economics and Management	100

Section A: Fundamental of Economics - 50 Marks

• Chapter 1 Basic Concepts of Economics.
• Chapter 2 Theory of Demand and Supply.
• Chapter 3 Theory of Production.
• Chapter 4 Theory of Cost.
• Chapter 5 Market.
• Chapter 6 Money.
• Chapter 7 Bank.
• Chapter 8 Money Market.

Section B: Fundamental of Management - 50 Marks

• Chapter 9 Management Process.
• Chapter 10 Management – Concepts.
• Chapter 11 Leadership and Motivation.
• Chapter 12 Decision Making.

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Paper	Subjects	Marks *
Paper 2	Fundamentals of Accounting	100

Section A: Fundamentals of Financial Accounting - 80 Marks

• Chapter 1 Accounting Basics.
• Chapter 2 Accounting for Special Transactions.
• Chapter 3 Preparation of Final Accounts.

Section B: Fundamentals of Cost Accounting - 20 Marks

• Chapter 4 Fundamrntals of Cost Accounting.

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Paper	Subjects	Marks *
Paper 3	Fundamentals of Laws and Ethics	100

Section A: Fundamentals of Commercial Laws - 70 Marks

• Chapter 1 Indian Contract Act, 1872.
• Chapter 2 Sale of Goods Act, 1930.
• Chapter 3 Negotiable Instruments Act, 1881.

Section B: Fundamentals of Ethics - 30 Marks

• Chapter 4 Ethics and Business.

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Paper	Subjects	Marks *
Paper 4	Fundamentals of Business Mathematics and Statistics	100

Section A: Fundamentals of Business Mathematics - 40 Marks

• Chapter 1 Arithmetic.
• Chapter 2 Algebra.

Section B: Fundamentals of Business Statistics - 60 Marks

• Chapter 1 Statistical Representation of Data.
• Chapter 2 Measures of Central Tendency and Dispersion.
• Chapter 3 Correlation and Regression.
• Chapter 4 Probability.