CMA Intermediate Exam Pattern 2021
CMA Intermediate exam pattern 2021- The Institute of Cost Accountants of India has mentioned the exam pattern for CMA intermediate on its official website. Candidates are advised to be thorough with the exam pattern of CMA Intermediate 2021 as it will help in preparing a study strategy for CA exam 2021. CMA Intermediate exam 2021 will be conducted in centre-based or home-based online mode. As per the CMA 2021 Exam pattern, there will be two groups of exams for CMA intermediate 2021. Each group of CMA intermediate exams will consist of 4 papers each. It is recommended to prepare the CMA intermediate syllabus and the topic-wise weightage along with the CMA 2021 intermediate exam pattern. For more information on the CMA intermediate exam pattern 2021, topic-wise weightage of CMA intermediate syllabus and other important aspects, check out the complete article.

Salient Features CMA intermediate Exam pattern 2021?
Starting from the December session, the CMA inter exam will be conducted in an online mode. It is important to know the salient features of the exam pattern for 2021 sessions to be conducted in June and December 2021. The features of CMA intermediate exam pattern are:
Each paper of Group I and Group II of CMA 2021 intermediate exam pattern
will be worth 100 marks respectively.
The exam duration for the CMA inter exam will be 3 hours.
It is important to prepare according to the CMA intermediate exam pattern.
The exam pattern for CMA 2021 intermediate exam is tabulated in the table below:
CMA Intermediate Exam Pattern 2021
Mode of exam | Online |
Type of exam | Objective and descriptive |
Marks per paper | 100 |
Number of papers | 4 |
Duration of exam | 3 hours per paper |
Total Number of questions | 120 |
Marking scheme | No negative marking |
CMA Intermediate exam pattern 2021- Topic wise Weightage
The 100 marks of each CMA intermediate exam paper are divided for each Section. The higher weighted sections of the CMA intermediate syllabus should be given more importance during studies and time should be divided accordingly.
CMA intermediate syllabus 2021: Group 1
Paper 5: Financial Accounting (FAC) | ||
Section A- Accounting – Basics | Fundamentals of Accounting | 25% |
Accounting for Special Transactions | ||
Section B- Preparation of Financial Statements | Preparation of Final Accounts of Profit Oriented organizations and Non-Profit Organizations | 40% |
Partnership Accounts | ||
Section C- Self Balancing of Ledgers, Royalties, Hire Purchase & Installment System, Branch & Departmental Accounts | Self-Balancing Ledgers | 20% |
Royalties, Hire-Purchase and Installment System | ||
Branch and Departmental Accounts | ||
Section D- Accounting in Computerised Environment and Standards | Overview of Computerised Accounting | 15% |
Accounting Standards (Specified only) | ||
Paper 6: Laws and Ethics | ||
Section A- Commercial Laws | Laws of Contracts (Advanced level) | 30% |
Laws relating to Sale of Goods (Advanced level) | ||
Negotiable Instruments Act,1881 (Advanced Level) | ||
Indian Partnership Act, 1932 | ||
Indian Partnership Act, 1932 | ||
Section B- Industrial Laws | Factories Act, 1948 | 25% |
Payment of Gratuity Act, 1972 | ||
Employees Provident Fund and Miscellaneous Provisions Act, 1952 | ||
.Employees State Insurance Act, 1948 | ||
Payment of Bonus Act, 1965 | ||
Minimum Wages Act, 1948 | ||
Payment of Wages Act, 1936 | ||
Pension Fund Regulatory and Development Authority Act, 2013 | ||
Section C- Corporate Law | Companies Act, 2013 | 35% |
Section D- Ethics | Business Ethics | 10% |
Paper 7- Direct Taxation (DTX) | ||
Section A- Income Tax Act Basics 10% | Introduction to Income Tax Act, 1961 | 10% |
Income is not part of Total Income | ||
Section B- Head of Income, Computation of Total Income and Tax | Heads of Income and Computation of Total Income | 70% |
Clubbing Provisions and the Set-off and Carry forward of Losses | ||
Assessment of Income and tax liability of different people | ||
Section C- Tax Management, Administrative Procedures and ICDS | TDS, TCS and Advance Tax | 20% |
Administrative Procedures | ||
Income Computation and Disclosure Standards – (ICDS) | ||
Paper 8- Cost Accounting (CA) | ||
Section A- Introduction to Cost Accounting | Cost Ascertainment – Elements of Cost | 40% |
Cost Accounting Standards | ||
Cost Bookkeeping | ||
Methods of Costing | 30% | |
Cost Accounting Techniques | Marginal Costing | 30% |
Standard Costing & Variance Analysis | ||
Budget and Budgetary Control (simple problems only) |
CMA intermediate syllabus 2021: Group 2
Paper 9- Operation Management & Strategic management (OMSM) | ||
Section A- Operations Management (70%) | Operations Management – Introduction | 15% |
Operations Planning | ||
Designing of Operational Systems and Control | 35% | |
Production Planning and Control | ||
Productivity Management and quality management | ||
Project Management | 20% | |
Economics of Maintenance and spares management | ||
Section B- Strategic Management | Strategic Management Introduction | 30% |
Strategic Analysis and Strategic Planning | ||
Formulation and Implementation of Strategy | ||
Paper 10- Cost and Management Accounting, Financial Management | ||
Section A- Cost, Management Accounting and Financial Management | Cost and Management Accounting – Introduction | 50% |
Decision Making Tools | ||
Budgeting and Budgetary Control | ||
Standard Costing and Variance Analysis | ||
Learning Curve | ||
Section B- Financial Management | Introduction to Financial Management | 50% |
Tools for Financial Analysis and Planning | ||
Working Capital Management | ||
Cost of Capital, Capital Structure Theories, Dividend Decisions | ||
Capital Budgeting – Investment Decisions | ||
Paper 11- Indirect Taxation (ITX) | ||
Section A- Cannons of Taxations – Indirect Tax GST | 80% | |
Section B- Customs Laws | Basic Concepts | 20% |
Types of Duties | ||
Valuation under Customs | ||
Import and Export Procedure | ||
Customs Rules, 2017 | ||
Paper 12- Company Accounts and Audit (CAA) | ||
Section A- Accounts of Joint Stock Companies (50%) | Accounting of Shares and Debentures | 25% |
Presentation of Financial Statements | ||
Cash Flow Statement | ||
Section B- Auditing (50%) | Accounts of Banking, Electricity and Insurance Companies | 25% |
Accounting Standards |
CMA intermediate Syllabus 2021
The 2016 syllabus will be followed for the CMA intermediate exam 2021. The detailed syllabus is already available on the official ICMAI website. The detailed syllabus consists of all the topics, sections, weightage given to each topic. The sections with more weightage will have more questions based on them. Hence it will be necessary to prepare those thoroughly along with having an understanding of the CMA intermediate exam pattern.
Other related links:
CMA Intermediate Registration 2021
Frequently Asked Question (FAQs) - CMA Intermediate Exam Pattern 2021
Question: Will there be any negative marking in CMA intermediate 2021?
Answer:
No, there is no negative marking in any paper of CMA intermediate 2021.
Question: How many papers are there in the CMA Inter exam?
Answer:
CMA intermediate 2021 exam consists of 8 papers.
Question: What are the maximum marks in each paper of CMA intermediate 2021?
Answer:
The CMA intermediate exam 2021 has 100 marks for each paper.
Question: What will be the total duration of each CMA inter examination?
Answer:
CMA Inter 2021 exam has a total time of 3 hours for each paper.
Question: What is the language medium for CMA inter exam 2021?
Answer:
Candidates can give the CMA intermediate exam in English medium.