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CMA Foundation course details 2022

cma foundation course details

The CMA Foundation course comes with fundamental concepts like basic fundamentals of economics and management, fundamentals of accounting, fundamentals of law and ethics, fundamentals of business mathematics and statistics. Being the first stage of the CMA course, CMA Foundation plays a vital role as the stepping stone for this comprehensive examination. The Institute of cost and management accountants of India(ICMAI) is the conducting body for this exam. The CMA Foundation exam is conducted twice in an academic year. Students who have passed their 12th board exam from a recognized board are eligible to sit for the CMA Foundation exam. Go through the following jotted down information for details about the CMA Foundation exam.

CMA Foundation Syllabus:

The CMA Foundation syllabus is categorized into a total of four subjects.

Tabular representation of the total number of papers in CMA Foundation syllabus:

PAPERS SUBJECTS AREAS COVERED IN THE SUBJECTS
PAPER 1 Fundamentals of economics and managements
  • Basic concepts of economics
  • Forms of market
  • Money and banking
  • Management process
PAPER 2 Fundamentals of Accounting
  • Accounting fundamentals 
  • Accounting for special transactions
  • Preparation of final accounts
  • Fundamentals of cost accounting
PAPER 3 Fundamentals of laws and ethics
  • Indian contract act 1872
  • Sale of goods act, 1930
  • Negotiable instruments act,1881
  • Ethics and business
PAPER 4 Fundamentals of business mathematics and statistics 
  • Arithmetic
  • Algebra
  • Statistical representation of data
  • Measures of Central
  • Tendency and dispersion
  • Correlation and Regression
  • Probability

CMA Foundation Exam Pattern

Particulars of the CMA Foundation Exam  Necessary Details
Exam Mode Online mode
Question type Both objective and descriptive
Duration 3 hours
Aggregate marks 100 marks per paper
Total number of papers 4
Marking scheme No negative marking
Medium of language English

 

CMA Foundation Admit card 2022

Major steps to download the CMA Foundation 2022 Admit card:

  • The CMA Foundation Admit card shall be available on the ICMAI website and students have to download it online from the portal.
  • Keep your registration number in hand to download the admit card.
  • Keep a hard copy of this admit card and carry it along.
  • Cross the basic information in the Admit card. 

The admit card is like a mandatory thing for the students appearing for examinations. Make sure that the information filled out in it is correct and uptodate. 

CMA Foundation study material:

ICMAI is the conducting body for CMA Foundation examinations and hence it is them who announce the final CMA Foundation results after a few days of completion of the exams. Here are the steps to be followed by students to check their results:

  • Report cards will be available on the ICMAI official website.
  • Students who successfully passed the examination shall get a marks certificate or pass certificate.
  • First, students have to visit the ICMAI official website.
  • Next, click on the Examination section.
  • Select the “result” tab.
  • Enter the selected exam and put in necessary credentials. 
  • After you are done checking the results, download for future reference. 

CMA Foundation Results:

ICMAI is the conducting body for CMA Foundation examinations and hence it is them who announce the final CMA Foundation results after a few days of completion of the exams. Here are the steps to be followed by students to check their results:

  • Report cards will be available on the ICMAI official website.
  • Students who successfully passed the examination shall get a marks certificate or pass certificate.
  • First, students have to visit the ICMAI official website.
  • Next, click on the Examination section.
  • Select the “result” tab.
  • Enter the selected exam and put in necessary credentials. 
  • After you are done checking the results, download for future reference. 

FAQ

1.Is it very difficult to pass the CMA Foundation Exam?

Ans – Even though the CMA Foundation exam is all about basic concepts and proper understanding of the same, it is not exactly impossible to pass the CMA Foundation exam. 

2.How to prepare for the CMA Foundation course?

Ans- Follow each and every chapter in the CMA Foundation course, prepare well and make sure you leave no stone unturned in your preparation. 

3.What are the eligibility criterias to sit for CMA Foundation?

Ans- Students who have passed 12th from any recognized board. 

4.What are the subjects in CMA Foundation?

Ans- Four subjects- Economics and management, Accounting, laws and ethics, Fundamentals of business management and statistics. 

5.Where can I get the study materials for the CMA Foundation?

Ans- Students can get study materials from official website of ICMAI or Lakshya Edu. 

 

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