CMA Final Exam Pattern 2022 - Mode, Marking Scheme, Important Topics
CMA Final Exam Pattern 2022 - The Institute of Cost Accountants of India (ICMAI) prescribes the exam pattern of CMA Final 2022 on its official website - icmai.in. As per the exam pattern, the CMA Final exam will be divided into two groups - Group III and Group IV; both objective and subjective type of questions will be asked. The CMA Final exam will be conducted in online-centre based mode and each paper will be of 100 marks.
LATEST: CMA Final Registration 2022 is open for June session.
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CMA Exam Dates 2022
Dates (June 2022)
CMA Final registration 2022 begins
Last date to register for June 2022 exams
January 31, 2022
Overview of the CMA Final Exam Pattern 2022
To have an insight about the exam pattern before commencing the preparation is helpful for candidates. Given table below can be checked by candidates to understand the paper pattern of CMA Final exam.
Exam Pattern of CMA Final 2022
Mode of exam
Online centre based exam
Institute of Cost Management Accountant of India (ICMAI)
Type of questions
Both objective and descriptive
Number of questions
120 in each paper
No negative marking
No. of groups
Two - Group III and Group IV
Frequency of exam
Twice in a year
Medium for writing the CMA Final question paper
As per the paper pattern, candidates registered for CMA Final exam are allowed to exercise the option for answering the questions in Hindi language. However, candidates who will answer the question papers mixing both Hindi and English language will be liable for cancellation.
CMA Final Syllabus 2022
ICMAI prescribed the syllabus of CMA Final exam in a comprehensive format on its official website. Candidates who are registered for the exam should check the syllabus as it contains the topics and subtopics to be studied under the CMA Final course. With the help of syllabus, candidates can decide on how much time they need to devote on a single topic/subtopic on the basis of weightage given in the syllabus.
Paper-wise marking scheme of CMA Final exam
As per the exam pattern of CMA Final exam, there are a total of 8 papers divided into two group. Each group has four papers. Given table below shows the complete paper-wise marking scheme along with the marking allotment.
CMA Final paper-wise exam pattern 2022 (Group III)
Paper 13- Corporate Laws & Compliance
Section A: Companies Act
Section B: Other Corporate Laws
Section C: Corporate Governance
Paper 14- Strategic Financial Management (SFM)
Section A: Investment Decisions
Section B: Financial Markets and Institutions
Section C: Security Analysis and Portfolio Management
Section D: Financial Risk Management
Paper 15- Strategic Cost Management – Decision Making
Section A: Cost Management
Section B: Strategic Cost Management- Tools and Techniques
Section C: Strategic Cost Management – Application of Statistical Techniques in Business Decisions
Paper 16- Direct Tax Laws and International Taxation
Section A: Advanced Direct Tax Laws
Section B: International Taxation
Section C: Case Study Analysis
CMA Final paper-wise exam pattern 2022 (Group IV)
Paper 17- Corporate Financial Reporting
Section A: GAAP and Accounting Standards
Section B: Accounting of Business Combinations & Restructuring
Section C: Consolidated Financial Statements
Section D: Developments in Financial Reporting
Section E: Government Accounting in India
Paper 18- Indirect Tax Laws and Practice (ITP)
Section A: Advanced Indirect Tax and Practice
Section B: Tax Practice and Procedures
Paper 19- Cost and Management Audit (CMAD)
Section A: Cost Audit
Section B: Management Audit
Section C: Internal Audit, Operational Audit and other issues
Section D: Case Study on Performance Analysis
Paper 20- Strategic Performance Management and Business Valuation
Section A: Strategic Performance Management
Section B: Business Valuation
CMA Final Study Material 2022
Official study material for the CMA Final exams is uploaded by the ICMAI on its website. The study material is available for free of cost and candidates preparing for the exam can download the pdf file for any of the eight subjects. The CMA Final study material 2022 is comprehensive in nature and covered all the topics and subtopics mentioned under the syllabus. Candidates who select the “Postal” mode during their registration are dispatched the study material by post after their registration number is allotted.
Frequently Asked Question (FAQs) - CMA Final Exam Pattern 2022 - Mode, Marking Scheme, Important Topics
Question: How many papers are included in CMA Final exam?
As per the paper pattern, there are eight papers included in CMA Final exam. These are divided into two equal groups.
Question: Is there any negative marking in CMA Final exam?
No, there is no negative marking as per the paper pattern.
Question: What is the time duration of each CMA exam?
CMA Final exam will be of 3 hours duration. Candidates have to solve both descriptive and objective questions.
Question: Is it mandatory to appear in both groups of CMA Final exam in a single session?
No, candidates can appear in a single group and appear for the other in next session.
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Questions related to CMA Final
does cma final syllabus is going to be changed for june 2022 attempt or else the same 2016 syllabus is applicable
Yes the final CMA syllabus is expected to change a little for the June 2022 session. The syllabus is updated every 5 years although the changes are not very drastic. As the years go by, some chapters become obsolete and some new chapters need to be include. Thus the constant upgradation of the syllabus is to incorporate the current economic changes with the business processes.
For more details regarding the examination and syllabus click the following link:
All the best!