CMA India Intermediate and Final Examination Time Table & Programme

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA

(STATUTORY BODY UNDER AN ACT OF PARLIAMENT)

CMA INDIA INTERMEDIATE AND FINAL EXAMINATION TIME TABLE & PROGRAMME – JUNE 2024 ATTENTION:

CMA INDIA INTERMEDIATE & FINAL EXAMINATION Time Table(June – 2024 term) will be held on alternate dates for each group.

Day & Date FINAL (Time: 10.00 A.M. to 01.00 P.M. - IST) INTERMEDIATE (Time: 2.00 P.M. to 5.00 P.M. IST) Time Table

CMA INDIA FINAL PROGRAMME FOR SYLLABUS 2022

Tuesday, 11th June, 2024

• Corporate and Economic Laws (P-13)

Wednesday, 12th June, 2024

• Cost and Management Audit (P-17)

Thursday, 13th June, 2024

• Strategic Financial Management (P-14)

Friday, 14th June, 2024

• Corporate Financial Reporting (P-18)

Saturday, 15th June, 2024

• Direct Tax Laws and International Taxation (P-15)

Sunday, 16th June, 2024

• Indirect Tax Laws and Practice (P-19)

Monday, 17th June, 2024

• Strategic Cost Management (P-16)

Tuesday, 18th June, 2024

Electives (Any one of three Papers):

• Strategic Performance Management and Business Valuation (P-20A)

• Risk Management in Banking and Insurance (P-20B)

• Entrepreneurship and Start-up (P-20C)

The exams for the FINAL group are scheduled from 10:00 A.M. to 01:00 P.M. IST.

CMA INDIA INTERMEDIATE PROGRAMME FOR SYLLABUS 2022.

Tuesday, 11th June, 2024

• Business Laws and Ethics (P-05)

Wednesday, 12th June, 2024

• Operations Management and Strategic Management (P-09)

Thursday, 13th June, 2024

• Financial Accounting (P-06)

Friday, 14th June, 2024

• Corporate Accounting and Auditing (P-10)

Saturday, 15th June, 2024

• Direct and Indirect Taxation (P-07)

Sunday, 16th June, 2024

• Financial Management and Business Data Analytics (P-11)

Monday, 17th June, 2024

• Cost Accounting (P-08)

Tuesday, 18th June, 2024

• Management Accounting (P-12)

CMA India Exam Final Examination Fee

• One Group (Inland Centres): 1400/- (Overseas Centres), US $ 100

• Two Groups (Inland Centres): 2800/- (Overseas Centres), US $ 100

CMA India Intermediate Examination Fee

• One Group (Overseas Centres): 1200/- (Overseas Centres), US $ 90

• Two Groups (Overseas Centres): 2400/- (Overseas Centres), US $ 90

Important Information for Intermediate and Final Examinations - June 2024 Term

• Application forms for the Intermediate and Final Examination must be filled out online, and fees will only be accepted through online mode (including the Pay fee Module of IDBI Bank). No offline forms or DD payments will be accepted for domestic candidates.

• Students opting for overseas centres must apply offline and send a DD along with the form.

• Students can log in to the website www.icmai.in and apply online through the payment gateway using Credit/Debit card or Net banking. They can also pay their requisite fee through the pay-fee module of IDBI Bank.

• The last date for receipt of Examination Application Forms is 10th April 2024. There will be no extension in the last date of receipt of examination application forms for the June 2024 examination.

• The mode of examination will be offline-centre based.

• Candidates are required to follow clarifications of DOS related to the June 2024 term of examination, and the same will be issued by DOS in due course.

• Examination Centres include Adipur-Kachchh (Gujarat), Agartala, Agra, Ahmedabad, and many others across India, as well as overseas centres at Bahrain, Dubai, and Muscat.

• A candidate who fulfills all conditions specified for appearing in the examination will only be allowed to appear for the examination.

• Date of publication of result: Inter & Final examination latest by 23rd August 2024.

• Candidates/students are advised to keep regularly in touch with the website of the Institute for further notifications and announcements relating to Examination of June 2024 and in case of any query or clarification can e-mail us only at exam.helpdesk@icmai.in.

FAQs

How can I apply for the Intermediate and Final Examinations?

Application forms for the examinations must be filled out online on the website www.icmai.in. Fees are accepted through online mode only, including the Pay fee Module of IDBI Bank. No offline forms or DD payments are accepted for domestic candidates.

What is the deadline for submitting Examination Application Forms?

The last date for receipt of Examination Application Forms is 10th April 2024. There will be no extension in the last date of receipt of examination application forms for the June 2024 examination.

What is the mode of examination for the June 2024 term?

The mode of examination will be offline-centre based.

How can I get clarifications related to the June 2024 term of examination?

Candidates are required to follow clarifications of DOS (Directorate of Studies) related to the June 2024 term of examination, and the same will be issued by DOS in due course.

Top CMA India Coaching in Bangalore

Are you considering becoming a CMA in India? iProledge in Bangalore is renowned for providing the best coaching, offering all the knowledge you need to kickstart your CMA career. It stands out as the Top CMA India coaching in Bangalore. Let's delve into the details:

The Institute of Cost Accountants of India (ICMAI) offers the professional designation CMA India, which stands for Cost & Management Accountant in India. ICMAI is a statutory organization that was founded in 1959 by a Parliamentary Act and offers the CMA Course qualification.

Expense and Administration Professionals in the domains of cost, finance, tax, and accounting, accountants are essential in many financial aspects. Their purview includes activities like cost record preparation and auditing, cost anomaly identification, financial forecasting, financial planning, and the creation and upkeep of financial systems.

The CMA qualification gives people the abilities and information needed to succeed in these fields, making them invaluable resources in the accounting and finance industries.

How many Levels in CMA Course ?

The CMA (Cost & Management Accountant) Qualification comprises three levels:

• CMA Foundation Level: Consisting of 4 papers.

• CMA Intermediate Level: Comprising 8 papers.

• CMA Final Level: Including 8 papers.

These levels provide a structured progression through the CMA india Course, allowing candidates to build and deepen their knowledge and skills in cost and management accounting as they advance through the qualification.

Eligibility of CMA India

The eligibility criteria to appear for the CMA (Cost & Management Accountant) examinations are as follows:

CMA Foundation Examination:

• Candidates should have qualified the 10+2 exams, PUC (Pre-University Course), or an equivalent examination.

CMA Intermediate Examination:

• Candidates should meet one of the following criteria:

• CMA Foundation Pass

• Graduated in any discipline other than Fine Arts

What is the Average Duration of CMA Course ?

The time required to finish every examination and training courses for the CMA India (Cost & Management Accountant) course varies based on the circumstances of each student, the speed at which they study, and their degree of qualification. But a broad approximate is provided below:

• CMA Foundation Level: Typically takes around 6 months to 1 year.

• CMA Intermediate Level: May take 1 to 2 years, depending on the candidate’s study pace and dedication.

• CMA Final Level: Similar to the Intermediate level, it may take 1 to 2 years.

As part of the CMA program, candidates must also complete practical training and a certain number of hours of practical experience. When taking into account the time required for exams and hands-on training, the total duration can therefore vary between 4 and 5 years. It's crucial to remember that these are only rough estimates, and that each person's completion time may differ.

CMA India Fees

The fees for the CMA (Cost & Management Accountant) Foundation and Intermediate courses are as follows:

CMA Foundation Course Fee:

• Registration Fee: ₹9,000

• Exam Fee: ₹1,500

CMA Intermediate Course Fee:

• Registration Fee: ₹40,000

• Exam Fee: ₹2,500

Please note that these fees are subject to change, and it’s advisable to check with the official website of the Institute of Cost Accountants of India (ICMAI) or contact them directly for the most up-to-date information on fees.

Additionally, as mentioned, these fees are specific to the ICAI and do not include any coaching fees that candidates might incur for study materials, tuition, or other educational resources provided by coaching institutions. Coaching fees can vary based on the coaching institute and the type of services they offer.

 What is the CMA India Course Syllabus ?

The CMA (Cost & Management Accountant) qualification is structured into three levels, each consisting of specific papers, totaling 20 papers:

CMA Foundation Level (4 Papers):

• Fundamentals of Economics and Management

• Fundamentals of Accounting

• Fundamentals of Laws and Ethics

• Fundamentals of Business Mathematics and Statistics

CMA Intermediate Level (8 Papers):

• Financial Accounting

• Laws and Ethics

• Direct Taxation

• Cost Accounting

• Operations Management & Strategic Management

• Cost & Management Accounting and Financial Management

• Indirect Taxation (Including Customs Act)

• Company Accounts & Audit

CMA Final Level (8 Papers, further divided into Essentials and Elective):

• Corporate Laws & Compliance

• Strategic Financial Management (SFM)

• Strategic Cost Management – Decision making

• Direct Tax Laws and International Taxation

• Corporate Financial Reporting

• Indirect Tax Laws and Practice (Including Customs Act)

• Cost and Management Audit

• Strategic Performance Management and Business Valuation

This comprehensive curriculum covers a range of topics in economics, management, accounting, taxation, and strategic management, preparing candidates for a well-rounded understanding of cost and management accounting principles.

CMA India Passing Criteria, Exam Pattern and Attempt Frequency

The CMA (Cost & Management Accountant) examination has specific passing criteria and an exam pattern. Candidates can attempt the exams at designated times.

Passing Criteria:

• To pass each paper, a candidate must secure a minimum of 40% marks in each individual paper.

• Additionally, candidates need to achieve an aggregate of 50% marks in all papers of a particular level to be considered as having passed that level.

Exam Pattern:

• The CMA exams are conducted in a descriptive format, requiring candidates to provide written responses.

• The exams are divided into various papers, each focusing on different aspects of cost and management accounting.

• The exam pattern includes multiple-choice questions, practical problems, and theoretical questions, testing candidates’ knowledge and application of concepts.

Attempt Frequency:

• CMA exams are conducted twice a year, typically in June and December.

Candidates need to adhere to the specified passing criteria, and successful completion of all three levels – Foundation, Intermediate, and Final – is necessary to obtain the CMA qualification. The exams provide a comprehensive evaluation of candidates’ proficiency in cost and management accounting principles.

Who should Do CMA India ?

The CMA (Cost & Management Accountant) qualification in India is suitable for individuals who aspire to pursue a career in cost and management accounting, financial management, and related fields. Here are some profiles of individuals who may find CMA beneficial:

• Aspiring Cost and Management Accountants

• Finance and Accounting Professionals

• Graduates in Commerce and Finance

• Professionals Seeking Global Recognition

• Career Advancement Seekers

• Entrepreneurs and Business Owners

• Those Interested in Corporate Governance

• Candidates with Analytical Skills

CMA India Job roles

• Auditing

• Financial & Cost Accounting

• Taxation

• Management Accounting

• Chief Accountant

• Chief Financial Officer

• Chief Manager

• Department Heads

• Lecturer/Professor

• Advisor to the Government

• GST Service Providers

• Internal Audit

• Finance manager

Why is iProledge the Top CMA India coaching in Bangalore  ?

iProledge is recognized as the Top CMA coaching in Bangalore for several compelling reasons:

1. Expert Faculty: iProledge boasts a team of experienced and highly qualified faculty members. Their instructors have in-depth knowledge of the CMA curriculum and are dedicated to providing the best guidance and coaching to their students.

2. Proven Track Record: The academy has a stellar track record of producing successful CMA candidates. Many of their students have achieved top ranks in CMA examinations, which is a testament to the academy's effectiveness in preparing students for success.

3. Comprehensive Study Material: iProledge provides comprehensive study materials meticulously designed to cover the entire CMA syllabus. These materials are updated regularly to align with the latest examination trends and standards.

4. Personalized Attention: iProledge believes in offering personalized attention to each student. They understand that every student has unique learning needs and cater to these needs through one-on-one interactions, doubt-solving sessions, and individualized coaching.

5. Effective Teaching Methodology: iProledge employs a result-oriented teaching methodology that focuses on conceptual clarity, practical application, and exam-oriented preparation. They use innovative teaching techniques to make complex topics easier to understand.

6. Mock Tests and Assessments: Regular mock tests and assessments are conducted to help students gauge their progress and identify areas that need improvement. These tests are designed to mimic real CMA exams, providing students with valuable exam experience.

7. Study Support: iProledge provides continuous support to students throughout their CMA journey. Whether it's clarifying doubts, providing exam guidance, or offering motivational support, they are committed to helping students succeed.

8. Flexible Batches: The academy offers flexible batch timings to accommodate the diverse schedules of students. Whether you are a working professional or a full-time student, you can find a batch that suits your needs.

9. Modern Infrastructure: iProledge is equipped with modern infrastructure, including state-of-the-art classrooms and technology-enabled learning resources, to enhance the learning experience.

10. Holistic Development: The academy not only focuses on academic excellence but also strives to develop students' soft skills, communication abilities, and overall personality. This holistic approach helps students excel in interviews and group discussions during job placements.

11. Reputation and Trust: iProledge has earned a solid reputation in the field of CMA coaching in Bangalore. Students and parents trust the academy for its commitment to quality education and ethical practices.

12. Location: Located in Bangalore, a hub for education and career opportunities, iProledge provides students with a conducive environment for learning and networking.

Choosing iProledge for your CMA coaching ensures that you receive the best guidance, support, and resources to excel in your CMA examinations. With a strong commitment to student success and a proven track record, the academy stands out as the premier choice for aspiring Cost and Management Accountants in Bangalore.

FAQS on CMA India

Why Consider iProledge is the Top CMA India Coaching in Bangalore?

While it’s essential to conduct thorough research before determining the Top coaching institute, iProledge in Bangalore for CMA (Cost & Management Accountant) preparation is often considered noteworthy for several reasons:

Experienced Faculty:

• iProledge boasts a team of experienced and knowledgeable faculty members with expertise in CMA India subjects.

Comprehensive Study Material:

• The institute provides well-structured and comprehensive study materials, aiding students in their preparation for the CMA India exams.

Strategic Learning Approach:

• iProledge is known for its strategic and focused learning approach, helping students grasp complex concepts and excel in their examinations.

Exam-oriented Coaching:

• The coaching institute aligns its curriculum with the CMA India exam pattern, ensuring that students are well-prepared for the specific requirements of the examination.

Supportive Learning Environment:

• The institute fosters a supportive learning environment, offering resources such as doubt-clearing sessions, practice exams, and personalized guidance to enhance students’ learning experience.

Track Record of Success:

• iProledge may have a track record of successful CMA candidates, demonstrating the effectiveness of its coaching methods.

It’s crucial to consider individual preferences, learning styles, and specific coaching needs when choosing an institute. Prospective candidates should explore reviews, testimonials, and visit the institute to make an informed decision based on their unique requirements.

What is the eligibility criteria for the CMA (Cost & Management Accountant) course in India?

What are the educational requirements for aspiring candidates to enroll in the CMA course, and are there any specific qualifications needed to be eligible?

How often are the CMA exams conducted in India, and what is the examination pattern?

When are the CMA exams held, and what is the format of the examination, including the types of questions and the passing criteria?

TOP BOOKS RECOMMENDATIONS FOR CMA INDIA :

CMA INDIA education has recently gained widespread acceptance among commerce students, especially those who wish to make it big in the field of Cost and Management Accounting (CMA). 

With best faculties advice here are few top book recommendations for CMA from iProledge

We will sub-categorise each subject and it’s books recommendations for CMA INDIA

CMA INDIA BOOKS RECOMMENDATIONS FOR CMA FOUNDATION LEVEL : 

Starting with Economics and Management here are few top listed books that can be referred for easy and better understanding of the subject:

1.Basics of Economics and Management by Anil Dhawan, Kumar Raj  :  

The book "The Basics of Economics and Management" offers an in-depth study of the  basic concepts of economics and management. The book is written in simple language, making it understandable to people who are new with these topics.

2. Economics for Business and Management by Alan Griffiths, Stuart Wall: 

It provides an in-depth look of various economic ideas and their use in business and administration. The book covers a variety of issues, including market systems, consumer behavior, production and cost, and economic policy. It is widely considered as one of the most popular works in business economics, and it comes highly recommended to both students and professionals.

3. Fundamentals of Economics for Business by David Barrows and John Smith : 

The Fundamentals of Economics for Business is a complete textbook that teaches the fundamental concepts of economics in a business setting. The book is divided into four sections that address issues such as market design, consumer behavior, business decision-making, and macroeconomics.

Now, continuing with it these are few book recommendations for ACCOUNTING for CMA INDIA 

1.Certified Management Accountant Exam Secrets Study Guide by Mometrix Media LLC : 

The Certified Management Accountant (CMA) Exam Secrets Study Guide is a popular resource for accounting students studying for the CMA exam. This study guide offers tips, methods, and strategies for passing the exam, as well as review materials and sample questions. It aims to help students understand and use the ideas and skills required to pass the exam. Many students find this study guide to be helpful and beneficial for exam preparation.

2. Financial Accounting by S. Brinda, M.N. Arora, K.V. Achalapathi : 

The book focuses on Indian Generally Accepted Accounting Principles (GAAP). The book is well-known for its clarity and depth, making it an excellent resource for both students and professionals. It covers a variety of financial accounting subjects, such as financial statements, budgeting, and costs.

3. Cost Accounting And Financial Management A Practical Guide by CA B. Saravana Prasath : 

 It is a book about cost accounting, which is the act of reviewing and handling an organization's costs in order to achieve its goals. Financial management is also covered, which involves the creation, translation, and review of financial statements to support decision-making.

Following to the above recommendations next comes the most interesting subject Commercial laws and Ethics in CMA INDIA Book recommendation here are the top few books

1.Fundamentals of Laws & Ethics by CA Jaishree Soni :

This book  is praised by many for its thoughtful approach to legal and ethical issues. The book covers torts, agreements, property, intellectual property, financial laws, and professional ethics.

2. Offences Under Company Law (Penalties & Punishments) by CA Kamal Garg :   

The author discusses the many types of violations, their impact on a company's operations, and the legal consequences of violation. The book has been divided into five sections, each covering an individual type of incident.

3. A Handbook On Law, Ethics And Communication by Munish Bhandari : 

The book digs into the legal and ethical concerns that occur while communicating in a context of law, giving useful suggestions on how to overcome these challenges.

Moving forward with the book recommendations for CMA INDIA-  Basics of Business Mathematics and Statistics 

1.Fundamentals of Business Mathematics by Dr. S.R. Arora / Dr Kavita Gupta : 

The book covers a variety of topics, including linear programming, probability, statistics, decision making, and optimization. It also includes practical examples and real-life events to help explain the principles.

2. Business Mathematics & Statistics by Somma Garg / Arun Julka : 

The book covers a range of topics, including probability, linear algebra, optimization, and more, as they are applied in business settings. It is widely used by students, professionals, and industry experts.

Till now , we have learnt about the book recommendation for CMA INDIA for Foundation level.

CMA INDIA BOOKS RECOMMENDATIONS FOR CMA INTERMEDIATE LEVEL :

Starting with subject - FINANCIAL ACCOUNTING books recommendations for CMA INDIA

1.Financial Accounting - II As per CBCS Syllabus | 5th Edition by Hanif and Mukherjee:

This book covers the overview with detailed explanation regarding financial reporting, budgeting and planning, and cost accounting.

2.Advanced Accounts Volume-1 by Shukla & Grewal : 

The book is divided into five Parts, with each part covering specific areas such as Financial Reporting, Auditing, Cost Accounting, Taxation, and Corporate Finance.

Moving on with book recommendations for CMA INDIA for the subject - 

Law, ethics and governance 

1.Law, Ethics and Governance by The Institute of Cost Accountants of India : 

The book contains five chapters that cover taxation laws, corporate governance, ethical concerns for professional accountants, laws and ethics related to IT governance, and patent and trademark laws.

2.CMA Inter Law and Ethics by Mayur Agarwal : 

The book is aimed at candidates preparing for the CMA Inter level examination in India covering the topics in the subject of accounting, covering all of the legal and ethical issues that chartered accountants experience.

3. Detailed Concept book of Law and ethics by MPJ Saurabh Jain : 

The book covers a range of topics, including contract law, tort law, intellectual property law, and corporate social responsibility.

Now moving forward with the most important subject - DIRECT TAXATION books recommendation for CMA INDIA 

1.Taxmann's Students' Guide to Income Tax Including GST – The bridge between theory & application by Sighania & Singhania

The book covers all of the main issues, from the fundamentals of income tax and GST to their impact on businesses and individuals.

2. Indian Economy (English| 3rd Edition) by Taxmann : 

The book discusses multiple components of the Indian economy, such as macroeconomic policies, fiscal policies, monetary policies, sector-specific policies, and reforms.

3. Direct Taxes Ready Reckoner by Girish Ahuja : 

It provides a detailed overview of the Indian indirect tax system, which includes customs, central excise, and service tax. 

Next comes - COST ACCOUNTING AND FINANCIAL MANAGEMENT’s CMA INDIA books recommendations    

1.Cost Accounting and Financial Management by Institute of Cost Accountants of India : 

The book discusses a wide range of issues, including cost principles, accounting and financial management approaches, and company procedures. 

2. Cost Accounting: Principles & Practice by M.N.Arora : 

The book has been divided into several parts that provide a full explanation of cost accounting principles, including the computation of global prices, cost of goods sold, and cost of services.

3. Commercial’s CMA Knowledge Series on Cost & Management Accounting and Financial Management for CMA Inter (Group 02-Paper 10 ) by Govada Chalapathi Rao : 

This book offers a complete review of the important ideas and formulas in this section of the CA Inter test. The book is organized in a way that makes it simple to follow and understand, with clear explanations and images. 

Followed by that the next subject book recommendation for CMA INDIA is- Operation Management and Information Systems 

1.Demonetization and the Black Economy by Arun Kumar : 

The book covers the different elements that contributed to the implementation of demonetization, including corruption, terrorism financing, and avoiding taxes. Kumar also investigates the strategy's success in meeting its objectives, as well as the problems that the government has in executing it. 

2. Snowwhite's Direct Tax Laws and International Taxation by TN Manoharan:

The book addresses the direct tax laws related to Snow White, a fictional heroine from the classic fairytale. The book also discusses international taxation, specifically how Snow White's taxes would be charged and collected if she lived in another country. 

To the list of books recommendation for CMA INDIA we have -  Cost and Management Accountancy 

1.Cost and Management Accounting and Financial Management by Institute of Cost Accountants of India : 

This book provides a comprehensive overview of the concepts and practices related to financial reporting, cost accounting, management accounting, and business valuation. 

2. A Comprehensive Approach to Cost Accounting by Alok Agarwal and Mridu Agarwal : 

The book covers various topics related to cost accounting, including cost of goods sold, gross profit margin, and contribution margin.

3. Cost & Management Accounting by Colin Drury : 

The book covers a number of topics, including financial accounting, managerial accounting, and decision-making, and provides practical examples and case studies that show principles.

Saying of which next let us know the books recommendations for CMA INDIA for the subject INDIRECT TAXATION : 

1.Bharat Law House's Indirect Taxation Containing Service Tax & Customs Useful for CMA Inter by Mohd.Rafi / Bharat : 

The book reviews and discusses the latest laws and regulations related to indirect taxation in India, making it a must-read for anyone interested in this field.

2. Indian Economy (English| 3rd Edition)  by Singhania : 

The book attempts to go into detail on financial problems and connect them to stable economic ideas.

In the list we next have the book recommendations for CMA INDIA for the subject Company Accounts and Audit. 

1.Company Accounts and Audit by Institute of Cost Accountants of India : 

This book includes an in-depth review of numerous financial statements and reports issued by businesses, as well as the auditing techniques used to assess their accuracy and trustworthiness.

2. Advanced Auditing and Professional Ethics 25th Edition by Surbhi Bhansal : 

The book covers all areas of auditing, including risk management, financial statement auditing, and information systems auditing. Bhansal's subject matter experience can be seen in her clear and simple writing, which allows readers to easily follow and understand difficult subjects. 

3. Audit of financial Statements by Pranav Jain : 

The author presents a thorough examination of the basic ideas and best practices in financial statement auditing. The book covers a variety of issues, including risk management, fraud detection, internal controls, and financial reporting. 

CMA INDIA BOOKS RECOMMENDATIONS FOR CMA FINAL LEVEL : 

We have come to the final part of the top books recommendations for CMA INDIA !!

Let, us now discuss about the ICMAI FINALS : 

Starting with Corporate Laws and Compliance here are the few top books recommended

1.Corporate Laws and Compliance by ICMAI : 

The book covers a wide range of issues, including corporate law, securities law, labor law, intellectual property law, and taxes law. It looks at the most recent developments in these laws and offers suggestions on how to deal with them.

2. CMA Final Law self study Guide for Corporate Laws & Compliance by Tejpal Seth : 

The study materials present a complete approach to understanding and applying accounting principles. With practical examples and real-life scenarios, the guide is designed to help you build the skills and information required to succeed on the exam.

Next we have the interesting subject - Strategic Financial Management and its book recommendation for CMA INDIA. 

1.Strategic Cost management by CMA Kalyani Karna: 

The book covers topics such as budgeting, cost management systems, and performance evaluation.

2. Cost & Management Accounting by Ashish Kalra : 

The book discusses important issues such as cost classification, cost allocation, budgeting, variations, and forecasting. 

3. STRATEGIC FINANCIAL MANAGEMENT, SECOND EDITION by Sofat, Rajni, Hiro, Preeti : 

The book takes an organized approach to helping students learn the fundamental principles and concepts of financial management. The writers used real-world examples and case studies to show how these concepts may be applied in practice.

Next we have the interesting subject - Strategic Cost Management and its book recommendation for CMA INDIA. 

1.Padhuka's Students' Guide on Financial Reporting by B Saravana Prasath : 

It covers a range of topics, including the compilation of financial statements, auditing, and compliance regulations. 

2. Strategic Cost Management- Decision Making by Institute of Cost Accountants of India : 

Decision making in this field requires a deep understanding of cost management techniques and an ability to analyze costs and their impact on business performance. 

3. Principles and Practice of Accounting: With Quick Revision Guide by P C Tulsian : 

The book covers key topics in financial and management accounting, including financial statements, budgeting, and cost accounting, among others.

Next we have the interesting subject - Direct tax laws and International taxation and its book recommendation for CMA INDIA. 

1. Direct Tax Laws and International Taxation by ICAI : 

The book presents a systematic examination and deep explanation of the direct tax laws, including their historical basis, legislative enactments, case laws, and recent developments.     

2. Direct Tax Laws & International Taxation Quick Referencer Cum Compiler For Ca Final, Cma & Cs : 

It covers all areas of international taxation, including direct tax laws and the laws regarding tax and insurance.

Next we have the interesting subject - Strategic Performance Management and Business Valuation and its book recommendation for CMA INDIA. 

1. Cost and Management Audit by CA CS CMA Nikkhil Gupta : 

The book covers important topics related to cost and management audit, including financial statement analysis, process improvement, and risk management.    

2. Shuchita Solved Scanner CMA Inter Group-I by Mohit Bahal : 

 This covers topics such as Financial Reporting, Economics, Management Information Technology, Cost Accounting, and Taxation. 

3. Strategic Management by Jacob Thomas : 

The book offers useful guidance for managers of different companies on how to create and execute effective strategies that match with the company's overall goals and objectives.

Conclusion : 

Refer the above mentioned books to make your learning more interactive and easy understanding with better engagement without feeling left behind. Read our blogs for more such insightful information. 

FAQs

Why should I consider pursuing CMA India education?

CMA India education offers specialized knowledge and skills in cost and management accounting, which are highly valued in the business world. It opens up lucrative career opportunities in various industries and enhances your professional credibility.

How can I choose the right books for CMA India preparation?

Choosing the right books for CMA India preparation involves considering factors such as comprehensiveness, clarity of explanations, relevance to the syllabus, and author credibility. Look for books recommended by experienced professionals or educational institutions.

Are there any specific books recommended for CMA India foundation level?

Yes, there are several recommended books for CMA India foundation level covering subjects like economics, management, accounting, commercial laws, ethics, mathematics, and statistics. Refer to reputable authors and publications for a solid foundation.

How can I effectively study from the recommended books for CMA India?

To study effectively from recommended books for CMA India, create a study schedule, focus on understanding concepts rather than rote memorization, practice with sample questions and exercises, and seek clarification from experienced mentors or tutors when needed.

Are there any specific books recommended for CMA India intermediate level?

Yes, there are specific books recommended for CMA India intermediate level covering subjects like financial accounting, law, ethics, governance, taxation, cost accounting, financial management, operation management, and information systems.

Can self-study using recommended books be sufficient for CMA India preparation?

Self-study using recommended books can be sufficient for CMA India preparation if you are disciplined, organized, and dedicated. However, supplementing with additional study resources, practice tests, and mock exams can further enhance your preparation.

Are there any supplementary materials or resources recommended along with books for CMA India preparation?

Yes, along with books, it is recommended to utilize supplementary materials such as online courses, video lectures, study guides, practice exams, and revision notes to reinforce your understanding and improve exam readiness.

How can I effectively manage my study time while preparing for CMA India exams using recommended books?

To effectively manage study time while preparing for CMA India exams using recommended books, create a study schedule or timetable, prioritize topics based on their weightage in the exam, allocate dedicated time slots for each subject, and maintain consistency in studying.

Are there any specific strategies for using recommended books to ace CMA India exams?

Yes, some effective strategies include understanding the syllabus and exam pattern thoroughly, breaking down complex topics into smaller segments for easier comprehension, revising regularly, solving practice questions from recommended books, and seeking guidance from experienced mentors or tutors.

How can I assess my progress while studying from recommended books for CMA India?

You can assess your progress while studying from recommended books for CMA India by tracking your completion of syllabus topics, evaluating your understanding through self-assessment quizzes and tests, reviewing your performance in practice exams, and seeking feedback from mentors or peers.