CMA Foundation · what changed for your attempt
CMA Foundation December 2026: applicable amendments and notifications
Checked against ICMAI's official announcements, as of 12 October 2026. Each item links the official notice; read it before you rely on it.
Before each exam term, ICMAI's Directorate of Studies issues a clarification listing the cut-off date for laws and standards in each paper, and publishes paper-wise supplementary material covering amendments up to that date. Exam mode and pattern are announced in the time table for the term.
At a glance
| Update | Type | Applies to |
|---|---|---|
| December 2026 Foundation exam: offline OMR-based MCQs at centres | Exam format | December 2026 |
Exam format · notice of 13 Aug 2026
December 2026 Foundation exam: offline OMR-based MCQs at centres
ICMAI will hold the December 2026 Foundation exam on 13 December 2026 as an offline, centre-based test answered on OMR sheets. Each of the four papers has 50 multiple choice questions worth 2 marks each (100 marks), with Papers 1 and 2 in the morning session and Papers 3 and 4 in the afternoon. There is no negative marking.
What to do: Practise full 100-question, two-hour sessions on paper with an OMR-style answer sheet, and attempt every question since wrong answers cost nothing.
Effective: December 2026 Foundation examination · Attempts: December 2026
Scope: the whole exam, not one chapter.
Official source: ICMAI - Time table and programme, Foundation Course Examination, December 2026
This page lists only items we could verify on ICMAI's or the regulator's own website, summarised in our words. If ICMAI publishes a newer applicability notice, it overrides this page. Check for new notices: ICMAI - Student circulars.