CMA Intermediate past papers, analysed

Business Laws and Ethics (2 attempts)

• Special Contracts - Indemnity and Guarantee; Bailment and Pledge; Laws of Agency13%in 2/2
• Business Ethics and Emotional Intelligence13%in 2/2
• Internal Financial Control for Financial Reporting8%in 2/2
• Directors - Role, Responsibilities, Qualification, Appointment, Removal, Remuneration and Powers8%in 2/2
• Operational and Financial Control8%in 2/2
• Indian Contracts Act, 18727%in 2/2
• Limited Liability Partnership Act, 20086%in 2/2
• The Code on Wages, 20195%in 2/2

Financial Accounting (2 attempts)

• Accounting Fundamentals16%in 2/2
• Property, Plant and Equipment (AS 10)8%in 2/2
• Admission of Partner8%in 2/2
• Dissolution of Partnership Firms including Piecemeal Distribution7%in 2/2
• Financial Statements of Not-for-Profit Organisations7%in 2/2
• Branch (including Foreign Branch) and Departmental Accounts7%in 2/2
• Financial Statements from Incomplete Records5%in 2/2
• Insurance Claim for Loss of Stock and Loss of Profit5%in 2/2

Direct and Indirect Taxation (2 attempts)

• Customs Act9%in 2/2
• Capital Gains7%in 2/2
• Concept of Indirect Taxes7%in 2/2
• Time and Value of Supply7%in 2/2
• Residential Status and Scope of Total Income6%in 2/2
• Income from House Property6%in 2/2
• Income from Other Sources6%in 2/2
• Salaries6%in 2/2

Cost Accounting (2 attempts)

• Introduction to Cost Accounting16%in 2/2
• Marginal Costing15%in 2/2
• Material Costs9%in 2/2
• Cost Accounting Standards (CAS 1 to CAS 24)9%in 2/2
• Budget and Budgetary Control8%in 2/2
• Overheads7%in 2/2
• Operating Costing - Transport, Hotel and Healthcare7%in 2/2
• Standard Costing and Variance Analysis7%in 2/2

Operations Management and Strategic Management (2 attempts)

• Strategic Analysis and Strategic Planning17%in 2/2
• Formulation and Implementation of Strategy13%in 2/2
• Project Management, Monitoring and Control10%in 2/2
• Designing of Operational Systems and Control9%in 2/2
• Economics of Maintenance and Spares Management9%in 2/2
• Operations Planning7%in 2/2
• Introduction to Strategic Management6%in 2/2
• Job Evaluation, Job Allocation - Assignment5%in 2/2

Corporate Accounting and Auditing (2 attempts)

• Statement of Profit and Loss and Balance Sheet (Schedule III of Companies Act, 2013)14%in 2/2
• Accounts of Banking, Electricity and Insurance Companies13%in 2/2
• Issue, Forfeiture, Rights, Bonus, Sweat Equity, ESOP and Buy-back of Shares8%in 2/2
• Auditing of Different Types of Undertakings8%in 2/2
• Statutory Audit under the Companies Act, 20137%in 2/2
• Audit Report and Reporting under CARO6%in 2/2
• Audit Risk, Internal Control, Internal Check and Internal Audit6%in 2/2
• Secretarial Audit5%in 2/2

Financial Management and Business Data Analytics (2 attempts)

• Capital Budgeting14%in 2/2
• Financial Ratio Analysis9%in 2/2
• Cost of Capital9%in 2/2
• Data Analysis and Modelling9%in 2/2
• Leverage Analyses and EBIT - EPS Analysis8%in 2/2
• Introduction to Working Capital Management6%in 2/2
• Cash Flow Statement - Preparation and Analysis5%in 2/2
• Comparative, Common-Size Financial Statements and Trend Analysis5%in 2/2

Management Accounting (2 attempts)

• Applications of Marginal Costing in Short Term Decision Making18%in 2/2
• Standard Costing and Variance Analysis (Management Accounting)14%in 2/2
• Forecasting, Budgeting and Budgetary Control13%in 2/2
• Introduction to Management Accounting9%in 2/2
• Activity Based Costing9%in 2/2
• Marginal Costing (Management Accounting)9%in 2/2
• Decision Theory9%in 2/2
• Transfer Pricing7%in 2/2