CMA Intermediate Exam Pattern 2020

Section A : Accounting – Basics 25%

1. Fundamentals of Accounting

2. Accounting for Special Transactions

Section B : Preparation of Financial Statements 40%

3. Preparation of Final Accounts of Profit Oriented organizations, Non-Profit Organizations and from Incomplete Records

4. Partnership Accounts

Section C : Self Balancing Ledgers, Royalties, Hire Purchase & Installment System, Branch & Departmental Accounts 20%

5. Self-Balancing Ledgers

6. Royalties, Hire-Purchase and Installment System

7. Branch and Departmental Accounts

Section D : Accounting in Computerised Environment and Accounting Standards 15%

8. Overview of Computerised Accounting

9. Accounting Standards (Specified only)

Section A : Commercial Laws 30%

1. Laws of Contracts (Advanced level)

2. Laws relating to Sale of Goods (Advanced level)

3. Negotiable Instruments Act,1881 (Advanced Level)

4. Indian Partnership Act, 1932

5. Limited Liability Partnership Act, 2008

Section B : Industrial Laws 25%

6. Factories Act, 1948

7. Payment of Gratuity Act, 1972

8. Employees Provident Fund and Miscellaneous Provisions Act, 1952

9. Employees State Insurance Act, 1948

10. Payment of Bonus Act, 1965

11. Minimum Wages Act, 1948

12. Payment of Wages Act, 1936

13. Pension Fund Regulatory and Development Authority Act, 2013

Section C : Corporate Law 35%

14. Companies Act, 2013

Section D : Ethics 10%

15. Business Ethics

Section A : Income Tax Act Basics 10%

1. Introduction to Income Tax Act, 1961

2. Income which do not form part of Total Income (Section 10, 11 to 13A)

Section B : Heads of Income and Computation of Total Income and Tax Liability 70%

3. Heads of Income and Computation of Total Income under various heads

4. Clubbing Provisions, Set off and Carry forward of Losses, Deductions

5. Assessment of Income and tax liability of different persons

Section C : Tax Management, Administrative Procedures and ICDS 20%

6. TDS, TCS and Advance Tax

7 Administrative Procedures

8. Income Computation and Disclosure Standards – (ICDS)

1. Introduction to Cost Accounting 40%

A. Cost Ascertainment – Elements of Cost

B. Cost Accounting Standards

C. Cost Book Keeping

2.Methods of Costing 30%

3.Cost Accounting Techniques 30%

Section A : Operations Management 70%

1. Operations Management – Introduction

15%

2. Operations Planning

3. Designing of Operational Systems and Control

35%

4. Production Planning and Control

5. Productivity Management and quality management

6. Project Management

20%

7. Economics of Maintenance and spares management

Section B : Strategic Management 30%

8. Strategic Management Introduction

9. Strategic Analysis and Strategic Planning

10. Formulation and Implementation of Strategy

Section A : Cost & Management Accounting and Financial Management 50%

1. Cost and Management Accounting – Introduction

2. Decision Making Tools

3. Budgeting and Budgetary Control

4. Standard Costing and Variance Analysis

5. Learning Curve

Section B : Financial Management 50%

6. Introduction to Financial Management

7. Tools for Financial Analysis and Planning

8. Working Capital Management

9. Cost of Capital, Capital Structure Theories, Dividend Decisions and Leverage Analysis

10. Capital Budgeting – Investment Decisions

Section A Canons of Taxations – Indirect Tax GST

80%

Section B Customs Laws

20%

Section A : Accounts of Joint Stock Companies 50%

1. Accounting of Shares and Debentures

25%

2. Presentation of Financial Statements (as Per Schedule III)

3. Cash Flow Statement

4. Accounts of Banking, Electricity and Insurance Companies

25%

5. Accounting Standards (AS-11, 12, 15, 16, 17, 18 and 19)

Section B :Auditing 50%

6. Auditing Concepts

20%

7.Provision relating to Audit under Companies Act

30%