CMA Final Exam Pattern 2024 - Mode, Marking Scheme, Important Topics

Mode of exam

Offline centre based exam

Conducting body

Institute of Cost Management Accountant of India (ICMAI)

Type of questions

Both objective and descriptive

Exam duration

3 hours

Total marks

100 marks

Number of questions

120 in each paper

Marking scheme

No negative marking

No. of groups

Two - Group III and Group IV

Frequency of exam

Twice in a year

13.

Corporate and

Economic Laws

Section A: Corporate Laws

60%

Section B: Economic Laws and Regulations

40%

14.

Strategic Financial

Management

Section A: Investment Decisions

25%

Section B: Security Analysis and Portfolio

Management

35%

Section C: Financial Risk Management

20%

Section D: International Financial Management

15%

Section E: Digital Finance

5%

15.

Direct Tax Laws

and International

Taxation

Section A: Direct Tax Laws

60%

Section B: International Taxation

40%

16.

Strategic Cost

Management

Section A: Strategic Cost Management for

Decision Making

60%

Section B: Quantitative Techniques in Decision

Making

40%

17.

Cost and

Management Audit

Section A: Cost Audit

50%

Section B: Management Audit

25%

Section C: Internal Control, Internal Audit,

Operational Audit and Other Related Issues

15%

Section D: Forensic Audit and Anti-Money

Laundering

10%

18.

Corporate Financial

Reporting

Section A: Indian Accounting Standards

25%

Section B: Valuation of Shares, Accounting and

Reporting of Financial Instruments and NBFCs

15%

Section C: Accounting for Business Combinations

and Restructuring (in Compliance with Ind ASs)

20%

Section D: Consolidated Financial Statements and

Separate Financial Statements (in Compliance with Ind ASs)

20%

Section E: Recent Developments in Financial

Reporting

10%

Section F: Government Accounting in India

10%

19.

Indirect Tax Laws

and Practice

Section A: Goods and Services Tax Act and Rules

70%

Section B: Customs Act and Rules

30%

20A

Strategic

Performance

Management and

Business Valuation

Section A: Strategic Performance Management

50%

Section B: Business Valuation

50%

20B

Risk Management

in Banking and

Insurance

Section A: Risk Management in Banking

60%

Section B: Risk Management in Insurance

40%

20C

Entrepreneurship

and Startup

Section A: Entrepreneurial Skill Sets

15%

Section B: The Entrepreneurial Eco-system

15%

Section C: Idea to Action

15%

Section D: Value Addition

15%

Section E: Scale up

10%

Section F: Risk Management Strategies

10%

Section G: Leadership

10%

Section H: Types of New Age Business

10%