Syllabus & Inter-Subjects for ICMAI CMA Groups 1 and 2 2023
CMA Intermediate is the second level of the CMA course, administered and governed by the Institute of Cost Accountants of India (ICMAI). The CMA Inter syllabus is vast and consists of 8 subjects.
Among these eight CMA Inter subjects, two groups have four subjects each. The CMA Inter syllabus 2023 is available on the ICMAI official website or on this page.
There is a comprehensive list of subjects, topics, and their weightage in the CMA Inter syllabus. It is essential for candidates to know the CMA Intermediate 2023 curriculum and marks weightage before starting preparation.
We have compiled a comprehensive post that details the CMA Inter syllabus for both groups for 2023. We’ll find out all the details together.
Exam Syllabus for 2023 for CMA Inter Subjects
Course topics include cost accounting, finance, taxation, etc., and are further divided into subtopics.
The CMA Intermediate syllabus covers financial & cost accounting, laws, direct & indirect taxes, and management.
The CMA Inter Subjects are as follows:
- FINANCIAL ACCOUNTING – Paper 5
- Ethics and Law – Paper 6
- Direct Taxation – Paper 7
- Cost Accounting – Paper 8
- Operations Management & Strategic Management – Paper 9
- Accounting for Costs and Management and Financial Management – Paper 10
- Taxation of indirect goods and services – Paper 11
- Accounts & Audit of a Company – Paper 12
Syllabus for Intergroup 1 of the CMA in 2023
Subjects from Paper 5 to Paper 8 on the CMA Inter Group 1 syllabus are as follows:
FINANCIAL ACCOUNTING – Paper 5
| Topics | Marks |
| Section – A: Accounts | 25 marks |
| 1. Accounting Fundamentals | |
| 2. The accounting for special transactions | |
| Section – B: Accounting Statements | 40 marks |
| 3. Accounting for profit-oriented organizations, non-profit organizations, and incomplete records | |
| 4. Accounts for partners | |
| Section – C: Hire Purchase & Installment System, Branch & Departmental Accounts, Self-Balancing Ledgers & Royalties | 20 marks |
| 5. A self-balancing ledger | |
| 6. The Hire-Purchase System, Royalties, and Installment Plans | |
| 7. Accounts of departments and branches | |
| Section – D: Standards of accounting in a computerized environment | 15 marks |
| 8. Computerized Accounting Overview | |
| 9. Standards of Accountancy | |
| Total | 100 maximum marks |
Paper – 6: Ethical and legal issues
| Topics | Marks |
| Section – A: Laws pertaining to commerce | 30 marks |
| 1. Advanced Contract Law (Advanced) | |
| 2. Laws relating to the sale of goods (advanced) | |
| 3. (Advanced Level) Negotiable Instruments Act, 1881 | |
| 4. Act of 1932 establishing Indian partnerships | |
| 5. Act of 2008 governing limited liability partnerships | |
| Section – B: Laws pertaining to the industrial sector | 25 marks |
| 6. 1948 Factories Act | |
| 7. The 1972 Gratuity Act governs the payment of gratuities | |
| 8. The Employees Provident Fund and Miscellaneous Provisions Act of 1952 | |
| 9. Occupational Health and Safety Act, 1948 | |
| 10. The Bonus Payment Act of 1965 governs the payment of bonuses | |
| 11. A 1948 law establishing minimum wages | |
| 12. Payment of Wages Act, 1936 | |
| 13. Act of 2013 establishing the Pension Fund Regulatory and Development Authority | |
| Section – C: Legal aspects of corporations | 35 marks |
| 14. The 2013 Companies Act | |
| Section – D: Principles of ethics | Ten marks |
| 15. Integrity in business | |
| Total | 100 maximum marks |
Paper – 7: The direct tax system
| Topics | Marks |
| Section – A: Basics of the Income Tax Act | Ten marks |
| 1. The Income Tax Act of 1961: An Introduction | |
| 2. Non-total income (sections 10, 11 to 13A) | |
| Section – B: Heads of Income and Tax Liability Calculation | 70 marks |
| 3. Various Income Heads and Total Income Calculation | |
| 4. Provisions for clubbing, carry-forward of losses, deductions | |
| 5. Differential assessment of income and tax liabilities | |
| Section – C: Tax Administration, Administrative Procedures, and ICDS | 20 marks |
| 6. The TDS, TCS, and advance tax systems | |
| 7 Procedures for Administrative Action | |
| 8. A standard for the computation and disclosure of income (ICDS) | |
| Total | 100 maximum marks |
Paper – 8: Accounting Costs
| Topics | Marks |
| 1. Accounting for Costs: An Introduction | 40 marks |
| A. The Cost Ascertainment Process – Elements | |
| B. Standard Cost Accounting | |
| C. Maintaining cost records | |
| 2. Comparative analysis of costing methods | 30 marks |
| 3. Accounting techniques for costing | 30 marks |
| Total | 100 maximum marks |
Syllabus 2023 for CMA Inter Group 2
Among the CMA Inter Group 2 subjects are:
Paper – 9: Strategic and Operational Management
| Topics | Marks |
| Section – A: Overseeing the operations of the company | 70 marks |
| 1. A brief introduction to operations management | 15 marks |
| 2. Planning of operations | |
| 3. Operational System Design and Control | 35 marks |
| 4. Planned and controlled production | |
| 5. Managing productivity and quality | |
| 6. Managing a project | 20 marks |
| 7. Management of spare parts and maintenance costs | |
| Section – B: Managing Strategically | 30 marks |
| 8. Managing Strategically | |
| 9. Analyzing and planning for the future | |
| 10. The formulation and implementation of a strategy | |
| Total | 100 maximum marks |
Paper – 10: Accounting for Costs and Management and Financial Management
| Topics | Marks |
| Section – Accounting for Costs and Management and Financial Management | 50 marks |
| 1. A Brief Introduction to Management Accounting and Cost Accounting | |
| 2. Toolkits for Decision-Making | |
| 3. Controlling the budget and budgeting | |
| 4. Variance Analysis and Standard Costing | |
| 5. Developing a learning curve | |
| Section – B: Management of financial resources | 50 marks |
| 6. Finance: An Introduction | |
| 7. Analyzing and planning financial data | |
| 8. Budgeting and Forecasting | |
| 9. The cost of capital, capital structure theories, dividend decisions, and leverage analysis | |
| 10. Investment decisions – Capital Budgeting | |
| Total | 100 maximum marks |
Paper – 11: Direct Taxes
| Topics | Marks |
| Section – A: Canons of Taxation – GST | 80 marks |
| Section – B: Laws pertaining to customs | 20 marks |
| Total | 100 maximum marks |
Paper 12: Audit & Accounts of a Company
| Topics | Marks |
| Section – A: Companies’ accounts | 50 marks |
| 1. The accounting of shares and debentures (25 marks) | |
| 2. Presented in accordance with Schedule III | |
| 3. Flow of Cash | |
| 4. The accounts of banks, electricity companies, and insurance companies (25 marks) | |
| Section – B: The audit process | 50 marks |
| Part – A: Concepts of Auditors (20 marks ) | |
| Part – B: Provisions pertaining to company audits (30 marks ) | |
| Total | 100 maximum marks |
Download the CMA Inter Syllabus PDF
Download the PDF from the official website for more information about the CMA Inter Syllabus and subjects. In order to simplify things, we have provided links to all the PDF files for CMA Inter subjects. Here are the links to the PDF files, so you can download them directly.
| CMA Inter Subjects | Download Link |
| Paper – 5: Accountancy in Finance | Click Here |
| Paper – 6: Ethics and the Law | Click Here |
| Paper – 7: The direct tax system | Click Here |
| Paper – 8: Accounting Costs | Click Here |
| Paper – 9: Strategic and Operational Management | Click Here |
| Paper 10: Accounting for Costs and Management & Financial Management | Click Here |
| Paper – 11: Direct Taxes | Click Here |
| Paper – 12: Audit & Accounts of a Company | Click Here |
Exam Pattern 2023 for CMA Intermediate
In order to achieve the best CMA results, students must understand the exam pattern. In addition to official information on the examination format, number of papers, types of questions, marking scheme, duration, language, and other details, ICMAI provides information on its website.
The table below mentions the CMA Inter exam pattern 2023:
| The particulars | Detailed information |
| Examination mode | An offline, pen-and-paper method |
| Questions of different types | Objectivity & Subjectivity |
| Marks maximum for each subject | The 100th |
| The number of CA Inter Subjects | It’s eight |
| The duration of the exam | In three hours |
| Marking negatively | Negative marketing is prohibited |
The CMA Intermediate coaching at VSI Jaipur is available to students preparing for the 2023 exams. With our program, you’ll receive lectures and mock tests from top faculty members.
Intersubjects FAQs
Q 1. What is the number of papers in CMA Intermediate?
In total, there are eight CMA Inter Subjects, categorized into two groups. Moreover, there is no negative marking in any of the subjects, and each one is worth 100 marks. Additionally, students must pass all eight subjects in order to qualify for the CMA Final.
Q 2. Can you tell me which group of CMA Inter is the easiest?
According to most people, CMA group 2 is easier than CMA group 1. As well, the CMA group 2 pass rate is considerably higher than the group 1 pass rate.
Q 3. What is the syllabus for the CMA Inter subjects?
CMA Intermediate syllabuses are available on the official website of ICMAI, and you can download the PDF version of the syllabus. You can also find all CMA Inter Subject links in this post.
