The Institute of Cost Accountants of India (ICMAI) oversees and administers CMA Intermediate, the second level of the CMA programme. There are eight subjects total in the extensive CMA Inter syllabus.
There are two groups of four subjects each made up of the eight CMA Inter subjects. The official website of ICMAI or this page both contain the CMA Inter syllabus 2023 for all subjects.
The CMA Inter syllabus provides in-depth details about the themes, topics, and weights assigned to each chapter. In order to properly study for the tests, students must be aware of the CMA Intermediate 2023 curriculum and the weighting of the marks.
You can therefore discover the entire 2023 syllabus for the CMA Inter topics for both groups in this thorough post. Let’s learn all the specifics.
CMA Inter Subjects and Syllabus for the 2023 Exams
The topics covered in the CMA Intermediate course are divided into additional subtopics and are generally pertinent to cost accounting, finance, taxation, etc.
The topics covered in the CMA Intermediate curriculum give students a thorough understanding of law, direct and indirect taxes, management, and financial and cost accounting.
Here are the CMA Inter Subjects:
- Paper – 5: Financial Accounting
- Paper – 6: Law and Ethics
- Paper – 7: Direct Taxation
- Paper – 8: Cost Accounting
- Paper – 9: Operations Management & Strategic Management
- Paper – 10: Cost and Management Accounting and Financial Management
- Paper – 11: Indirect Taxation
- Paper – 12: Company Accounts & Audit
CMA Inter Group 1 Syllabus 2023
The syllabus CMA Inter Group 1 subjects from Paper 5 to Paper 8 are as follows:
Paper – 5: Financial Accounting
| Topics | Marks |
| Section – A: Accounting | 25 marks |
| 1. Fundamentals of Accounting | |
| 2. Accounting for Special Transactions | |
| Section – B: Preparation of Financial Statements | 40 marks |
| 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 marks |
| 5. Self-Balancing Ledgers | |
| 6. Royalties, Hire-Purchase and Installment System | |
| 7. Branch and Departmental Accounts | |
| Section – D: Accounting in Computerized Environment and Accounting Standards | 15 marks |
| 8. Overview of Computerized Accounting | |
| 9. Accounting Standards | |
| Total | 100 maximum marks |
Paper – 6: Law and Ethics
| Topics | Marks |
| Section – A: Commercial Laws | 30 marks |
| 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 marks |
| 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 marks |
| 14. Companies Act, 2013 | |
| Section – D: Ethics | Ten marks |
| 15. Business Ethics | |
| Total | 100 maximum marks |
Paper – 7: Direct Taxation
| Topics | Marks |
| Section – A: Income Tax Act Basics | Ten marks |
| 1. Introduction to Income Tax Act, 1961 | |
| 2. Income which does 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 marks |
| 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 marks |
| 6. TDS, TCS and Advance Tax | |
| 7 Administrative Procedures | |
| 8. Income Computation and Disclosure Standards – (ICDS) | |
| Total | 100 maximum marks |
Paper – 8: Cost Accounting
| Topics | Marks |
| 1. Introduction to Cost Accounting | 40 marks |
| A. Cost Ascertainment – Elements of Cost | |
| B. Cost Accounting Standards | |
| C. Cost Book Keeping | |
| 2. Methods of Costing | 30 marks |
| 3. Cost Accounting Techniques | 30 marks |
| Total | 100 maximum marks |
CMA Inter Group 2 Syllabus 2023
The CMA Inter Group 2 subjects are from Paper 9 to Paper 12 and are as follows:
Paper – 9: Operations Management & Strategic Management
| Topics | Marks |
| Section – A: Operations Management | 70 marks |
| 1. Operations Management – Introduction | 15 marks |
| 2. Operations Planning | |
| 3. Designing of Operational Systems and Control | 35 marks |
| 4. Production Planning and Control | |
| 5. Productivity Management and quality management | |
| 6. Project Management | 20 marks |
| 7. Economics of Maintenance and spares management | |
| Section – B: Strategic Management | 30 marks |
| 8. Strategic Management Introduction | |
| 9. Strategic Analysis and Strategic Planning | |
| 10. Formulation and Implementation of Strategy | |
| Total | 100 maximum marks |
Paper – 10: Cost and Management Accounting and Financial Management
| Topics | Marks |
| Section – A: Cost & Management Accounting and Financial Management | 50 marks |
| 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 marks |
| 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 | |
| Total | 100 maximum marks |
Paper – 11: Indirect Taxation
| Topics | Marks |
| Section – A: Cannons of Taxations – Indirect Tax GST | 80 marks |
| Section – B: Customs Laws | 20 marks |
| Total | 100 maximum marks |
Paper – 12: Company Accounts & Audit
| Topics | Marks |
| Section – A: Accounts of Joint Stock Companies | 50 marks |
| 1. Accounting of Shares and Debentures (25 marks) | |
| 2. Presentation of Financial Statements (as Per Schedule III) | |
| 3. Cash Flow Statement | |
| 4. Accounts of Banking, Electricity and Insurance Companies (25 marks) | |
| Section – B: Auditing | 50 marks |
| Part – A: Auditing Concepts (20 marks ) | |
| Part – B: Provision relating to Audit under the Companies Act (30 marks ) | |
| Total | 100 maximum marks |
CMA Intermediate Exam Pattern 2023
Students must be familiar with the exam format to achieve the highest CMA results. ICMAI’s website offers official facts about the exam’s format, number of papers, types of questions, grading system, duration, language, and other essential information.
The table below mentions the CMA Inter exam pattern 2023:
| Particulars | Details |
| Mode of the examination | Offline, Pen-Paper Based |
| Type of questions | Objective & Subjective |
| Maximum marks for each subject | 100 |
| Number of CA Inter Subjects | 8 |
| Exam Duration | 3 hours |
| Negative Marking | No negative marketing |
Students preparing for the 2023 exams can join the CMA Intermediate Coaching of Inspire Academy. Here, you’ll get lectures from the top faculty, mock tests and personal attention.