CMA Foundation study guide
Every chapter of all four papers, broken into 439 topics. Each topic shows the concept, a step-by-step way to solve questions, the quickest method for the exam, the mistakes students make and worked examples.
Paper 1: Fundamentals of Business Laws and Business Communication
Objective, MCQ · 27 chaptersContingent Contracts
- Contingent Contract: Meaning and Essentials (Section 31)
- Contracts Contingent on an Event Happening (Section 32)
- Contracts Contingent on an Event Not Happening (Section 33)
- Future Conduct of a Living Person (Section 34)
- Contingent Events within a Fixed Time (Section 35)
- Agreements Contingent on Impossible Events (Section 36)
Negotiable Instruments Act, 1881
- Negotiable Instruments: Meaning and Features
- Promissory Note, Bill of Exchange and Cheque
- Parties to a Negotiable Instrument
- Inchoate Stamped Instruments and Ambiguous Instruments
- Negotiation, Endorsement and Delivery
- Presentment, Acceptance and Payment
- Dishonour of Cheque and Penalties
- Crossing of Cheques and Bankers' Protection
Legal Aspects of Business Communication
- Introduction to Business Communication and Law
- Defamation: Libel and Slander
- Confidentiality and Privacy in Business Communication
- Legal Validity of Electronic Communication and Records
- Cyber Law and Misuse of Communication Channels
- Intellectual Property and Copyright in Communication
- Legal Precautions in Business Documents and Contracts
Paper 2: Fundamentals of Financial and Cost Accounting
Objective, MCQ · 20 chaptersClassification of Costs (CAS 1)
- Classification of Costs by Nature and Element
- Cost Classification by Function
- Fixed, Variable and Semi-Variable Costs
- Controllable and Non-Controllable Costs
- Normal and Abnormal Costs
- Decision-Making Costs: Sunk, Opportunity, Marginal and Others
- Cost Concepts: Historical, Standard, Estimated and Cost Unit
Paper 3: Fundamentals of Business Mathematics and Statistics
Objective, MCQ · 14 chaptersIndex Numbers and Time Series
- Index Numbers: Meaning, Uses and Types
- Construction of Index Numbers: Simple and Weighted Methods
- Tests of Adequacy: Time and Factor Reversal Tests
- Cost of Living Index, Base Shifting, Splicing and Deflating
- Time Series: Components and Models
- Trend Measurement: Moving Averages and Least Squares
- Seasonal Variation Measurement
Paper 4: Fundamentals of Business Economics and Management
Objective, MCQ · 16 chaptersMoney and Banking
- Money: Meaning, Functions and Types
- Money Supply and Monetary Aggregates (M1 to M4)
- Demand for Money and Value of Money
- Banking System and Types of Banks
- Functions of Commercial Banks and Credit Creation
- Reserve Bank of India and Its Functions
- Monetary Policy and Credit Control Instruments
- Financial Markets and Banking Reforms
Introduction to Management
- Concept, Nature and Definition of Management
- Objectives and Importance of Management
- Functions of Management
- Levels of Management and Managerial Roles
- Evolution of Management Thought: Classical Approaches
- Neo-Classical, Modern and Contemporary Approaches
- Management Principles and Management vs Administration
Planning, Organizing, Staffing and Leading
- Planning: Meaning, Features and Types of Plans
- Management by Objectives and Decision Making
- Organizing: Principles and Organization Structures
- Authority, Responsibility, Delegation and Span of Control
- Staffing: Recruitment, Selection and Training
- Leading: Motivation Theories
- Leadership Styles and Communication