CMA Foundation New Syllabus 2016 for June 2017 & Dec 2017

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Dear students here we have a notice that the syllabus for CMA Foundation has changed w.e.f from 1st of august 2016. so, we are here bringing the CMA Foundation new syllabus which is helpful for your preparation. We bring you the contents of the new syllabus of CMA Foundation. We also bring you the CMA Foundation study material as well along with the new chapters included in it. The CMA Foundation study material is going to help you alot as appearing for the upcoming CMA Foundation exam.


CMA FOUNDATION NEW SYLLABUS 2016

The board of CMA changed the syllabus for the Foundation for upcoming years. The contents of CMA Foundation new syllabus are as followed:

Syllabus – 2016 Foundation Study Material

  • Paper-1_Fundamentals of Economics and Management
  • Paper-2_Fundamentals of Accounting
  • Paper-3_Fundamentals of Laws and Ethics
  • Paper-4_Fundamentals of Business Mathematics and Statistics

CMA FOUNDATION STUDY MATERIAL for June 2017

Here we bring you the study material. click on the link below to download the study material subject wise.

SUBJECT-WISE SYLLABUS STRUCTURE

PAPER-1:-Fundamentals of Economics and Management

Syllabus Structure:


A. Fundamentals of Economics – 50%

B. Fundamentals of Management – 50%

PAPER-2:-Fundamentals of Accounting

Syllabus Structure:

A. Fundamentals of Financial Accounting – 80%

B. Fundamentals of Cost Accounting – 20%

PAPER-3:-Fundamentals of Laws and Ethics

Syllabus Structure:

A. Fundamentals of Commercial Laws – 70%

B Fundamentals of Ethics – 30%

PAPER-4:-Fundamentals of Business Mathematics and Statistics

Syllabus Structure:

A. Fundamentals of Business Mathematics – 40%

B. Fundamentals of Business Statistics – 60%

                                         CONTENTS Weightage
Section A : Fundamentals of Economics
    1. Basic concepts of Economics 20%
    2. Forms of Market 20%
    3. Money and Banking 10%
Section B : Fundamentals of Management  
     4. Management Process 50%

CMA Foundation Syllabus 2016 Paper 2 Accounts – Contents and Weightage

 

                                                            CONTENTS   Weightage
Section A : Fundamentals of Financial Accounting  
   1. Accounting Fundamentals 35%
   2. Accounting for Special Transactions 20%
   3. Preparation of Final Accounts 25%
Section B: Fundamentals of Cost Accounting  
   4. Fundamentals of Cost Accounting 20%

CMA Foundation Syllabus 2016 Paper 3 Laws & Ethics – Contents and Weightage

 

                                                         CONTENTS     Weightage
Section A : Fundamentals of Commercial Laws
1. Indian Contracts Act, 1872          40%
2. Sale of Goods Act, 1930 20% 3. Negotiable Instruments Act,          20%
3. Negotiable Instruments Act, 1881          10%
Section B : Fundamentals of Ethics
4. Ethics and Business           30%

CMA Foundation Syllabus 2016 Paper 4 Maths – Contents and Weightage

                                                                 CONTENTS   Weightage
Section A : Fundamentals of Business Mathematics  
     1. Arithmetic 20%
     2. Algebra 20%
Section B : Fundamentals of Business Statistics  
    3. Statistical representation of Data 10%
    4. Measures of Central Tendency and Dispersion 30%
    5. Correlation and Regression 10%
    6. Probability 10%

 

CMA Foundation Syllabus PAPER – 1: FUNDAMENTALS OF ECONOMICS AND MANAGEMENT

Section A : Fundamentals of Economics

  1. Basic Concepts of Economics – Micro & Macro Economics

(a) The Fundamentals of Economics

(b) Utility, Wealth, Production

(c) Theory of Demand (meaning, determinants of demand, law of demand, elasticity of demandprice, income and cross elasticity) and Supply (meaning, determinants, law of supply and elasticity of supply)

(d) Equilibrium

(e) Theory of Production (meaning , factors, laws of production- law of variable proportion, laws of returns to scale)

(f) Cost of Production (concept of costs, short-run and long-run costs, average and marginal costs, total, fixed and variable costs)

  1. Forms of Market

Pricing strategies in various forms of markets

  1. Money and Banking

(a) Definition of Money, Types, Features and Functions

(b) Definition, functions, utility, principles of Banking

(c) Commercial Banks, Central Bank

(d) Measures of credit control and Money Market

Section B : Fundamentals of Management

4 Management Process

(a) Introduction, planning, organizing, staffing, leading, control, communication, co-ordination

(b) Concept of Power, Authority, Delegation of Authority, Responsibility, Accountability

(c) Leadership & Motivation – Concept & Theories

(d) Decision-making – types of decisions, decision-making process.

CMA FOUNDATION PAPER – 2: FUNDAMENTALS OF ACCOUNTING SYLLABUS-2016

Section A : Fundamentals of Financial Accounting [80 Marks]

  1. Accounting Basics

(a) Accounting Principles, Concepts and Conventions

(b) Capital and Revenue transactions – capital and revenue expenditures, capital and revenue receipts

(c) Double entry system, Books of prime entry, Subsidiary Books, Cash Book

(d) Journal, Ledger, Trial Balance

(e) Depreciation – Methods (Straight Line and Diminishing Balance methods only)

(f) Rectification of Errors

(g) Opening entries, Transfer entries, Adjustment entries, Closing entries

(h) Bank Reconciliation Statements

  1. Accounting for Special Transactions

(a) Bills of Exchange (excluding accommodation bill, insolvency)

(b) Consignment (cost price, invoice price, commission & valuation of stock)

(c) Joint Venture

  1. Preparation of Final Accounts:

(a) Of a Profit making concern (for sole proprietorship concern only)

(i) Accounting treatment of bad debts, reserve for bad and doubtful debts, provision for discount on debtors and provision for discount on creditors.

(ii) Preparation of Trading Account, Profit & Loss Account and Balance Sheet.

(b) Of a Not-for- Profit making concern

(i) Preparation of Receipts and Payments Account

(ii) Preparation of Income and Expenditure Account

Section B : Fundamentals of Cost Accounting [20 Marks]

  1. Fundamentals of Cost Accounting

(a) Meaning, Definition, Significance of Cost Accounting, its relationship with Financial Accounting & Management Accounting.

(b) Classification of Costs

(c) Format of Cost Sheet

CMA Foundation Syllabus PAPER – 3: FUNDAMENTALS OF LAWS AND ETHICS

Section A : Fundamentals of Commercial and Industrial Laws

  1. Indian Contracts Act, 1872

(a) Essential elements of a contract, offer and acceptance

(b) Void and voidable agreements

(c) Consideration, legality of object and consideration

(d) Capacity of Parties, free consent

(e) Quasi Contracts, Contingent Contracts

(f) Performance of contracts

(g) Discharge of contracts

(h) Breach of Contract and Remedies for Breach of Contract

  1. Sale of Goods Act, 1930

(a) Definition

(b) Transfer of ownership

(c) Conditions and Warranties

(d) Performance of the Contract of Sale

(e) Rights of Unpaid Vendor

(f) Auction Sales

3 Negotiable Instruments Act, 1881

(a) Negotiable Instruments –Characteristics of Negotiable Instruments

(b) Definitions of Promissory Note, Bill of Exchange and Cheque

(c) Differences between Promissory Note, Bill of exchange and Cheque

(d) Crossing – Meaning, Definition and Types of Crossing.

Section B : Fundamentals of Ethics

  1. Ethics and Business

(a) Ethics – Meaning, Importance

(b) The “Seven Principles of Public Life” – selflessness, integrity, objectivity, accountability, openness, honesty and leadership

(c) The relationship between Ethics and Law

(d) Ethics in Business

CMA Foundation PAPER – 4 : FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS

Section A : Fundamentals of Business Mathematics [40 Marks]

  1. Arithmetic

(a) Ratios, Variations and Proportions

(b) Simple and Compound interest

(c) Arithmetic Progression and Geometric Progression.

  1. Algebra

(a) Set Theory

(b) Indices and Logarithms (basic concepts)

(c) Permutation and Combinations (basic concepts)

(d) Quadratic Equations (basic concepts)

Section B : Fundamentals of Business Statistics [60 Marks]

  1. Statistical Representation of Data

(a) Diagrammatic representation of data

(b) Frequency distribution

(c) Graphical representation of Frequency Distribution – Histogram, Frequency Polygon Curve, Ogive, Pie-chart

  1. Measures of Central Tendency and Dispersion

(a) Mean, Median, Mode, Mean Deviation

(b) Range, Quartiles and Quartile Deviation

(c) Standard Deviation

(d) Co-efficient of Variation

(e) Karl Pearson and Bowley’s Co-efficient of Skewness

  1. Correlation and Regression

(a) Scatter diagram

(b) Karl Pearson’s Coefficient of Correlation

(c) Regression lines, Regression equations, Regression coefficients

  1. Probability

(a) Independent and dependent events; Mutually exclusive events

(b) Total and Compound Probability; Baye’s theorem; Mathematical Expectation


So, friends enjoy with the new syllabus of CMA Foundation with which we have provided. We have provided the new syllabus 2016 for june 2017 and dec 2017. We provided subject wise syllabus structure along with the download link to download the updated syllabus of CMA Foundation. Download the subjects by using the above mentioned links.

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