ICMAI CMA 2022 Exam Dates Out, Inter & Final Exams from Jan 13

New Delhi, 3 October 2022, ICMAI CMA 2022: The Institute of Cost Accountants of India (ICMAI) has released the Cost and Management Accounting (CMA) exam dates for Foundation, Inter and Final Courses. The Foundation exam of Cost and Management Accounting (CMA) will be conducted through remote proctoring online mode and Inter and Final exams will be conducted offline.

As per the notification released on the official website – icmai.in, the Cost and Management Accounting (CMA) Foundation exam for the December session will be held on 13 January 2023.

ICMAI CMA 2022 – Important Dates

The Institute of Cost Accountants of India (ICMAI) will conduct the Cost and Management Accounting (CMA) Foundation exam on 13 January 2023, whereas the Inter and Final exams will begin on 5 January 2023.

The candidates can check other important dates regarding ICMAI CMA 2022 from the table below:

Particulars Date
Online Application Date 29 September 2022
Last Date of Registration 13 November 2022
Last Date of Fee Payment 13 November 2022
Foundation Exam Date 13 January 2023
Inter Exam Date 5 January 2023
Final Exam Date 5 January 2023
Inter and Final Result Date 17 March 2023

ICMAI CMA 2022 – Eligibility

Candidates who wish to pursue courses offered by Cost and Management Accounting (CMA) must start their preparations right after passing Class 12 by enrolling in Foundation courses.

Candidates can check the eligibility criteria for each course from the information given below:

CMA Courses Eligibility Criteria
Foundation course
  • Class 12 or equivalent from a recognized board of education.
  • Passed National Diploma in Commerce examination.
Intermediate course
  • Class 12 or equivalent examination from a recognized board of education.
  • Graduation in any discipline other than performing arts.
Final course
  • Passed Foundation and Intermediate exam.
  • Experience of 15 months of practical training.

ICMAI CMA 2022 – Syllabus

The Cost and Management Accounting (CMA) course is divided into three levels: Foundation, Intermediate, and Final. The syllabus for the Foundation exam includes basic or fundamental concepts of accounting and management, whereas the syllabus for the Intermediate and Final exams includes field of accounting, cost, etc.

Candidates can check the course-wise syllabus of ICMAI CMA 2022 from the information given below:

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Foundation Exam Syllabus

Subject Syllabus
Fundamentals of Business Laws and

Business Communication (FBLC)

  • Sources of Law
  • Legislative Process in India
  • Legal Methods and Court System in India
  • Primary and Subordinate Legislation
  • Contingent Contracts
  • Discharge of Contracts
  • Essential Elements of a Contract, Offer and Acceptance
  • Transfer of Ownership
  • Essential Conditions of a Contract of Sale
  • Conditions and Warranties
  • Performance of the Contract of Sale
  • Dishonour of Cheques (Section 138)
Fundamentals of Financial and Cost Accounting (FFCA)
  • Cash Book
  • Bank Book
  • Petty Cash Book
  • Bank Reconciliation Statement
  • Trial Balance
  • Adjustment Entries and Rectification of Errors Depreciation
  • Accounting Treatment of Bad Debts
  • Provision for Doubtful Debts
  • Consignment
  • Joint Venture
  • Bills of Exchange
  • Preparation of Balance Sheet
  • Income and Expenditure Account
Fundamentals of Business Mathematics and Statistics (FBMS)
  • Mean, Median and Mode
  • Mean Deviation
  • Range
  • Quartiles and Quartile Deviation
  • Standard Deviation
  • Co-Efficient of Variation
  • Karl Pearson and Bowley’s Co-Efficient of Skewness
  • Diagrammatic Representation of Data
  • Frequency Distribution
  • Graphical Representation of Frequency Distribution
  • Scatter Diagram
  • Karl Pearson’s Co-Efficient of Correlation
  • Regression Analysis
Fundamentals of Business Economics and Management (FBEM)
  • Utility, Wealth and Production
  • Theory of Demand
  • Money
  • Commercial Banks
  • Central Bank
  • Measures of Credit Control and Money Market
  • Introduction to Management
  • Stewardship Theory and Agency Theory of Management
  • Planning
  • Organizing
  • Staffing
  • Leading
  • Communication
  • Co-Ordination
  • Collaboration
  • Monitoring and Control

Intermediate Exam Syllabus

Subject Syllabus
Business Laws and Ethics
  • Sources of Law
  • Primary and Subordinate Legislations
  • Legislative Process in India
  • Legal Methods including Judicial
  • Alternative Dispute Resolution (ADR)
  • Legal Terminology
  • Maxims
Financial Accounting
  • Income Statement
  • Balance Sheet
  • Preparation of Financial Statements
  • Preparation of Receipts and Payments Account
  • Preparation of Income and Expenditure Account
  • Preparation of Balance Sheet
  • Preparation of Financial Statements
Direct and Indirect Taxation
  • Income of Other Person 
  • Set Off and Carry Forward Of Losses
  • Deductions
  • Rebate and Relief
  • Taxation of Individual
  • Advance Tax
Cost Accounting
  • Procurement of Materials
  • Inventory Management and Control
  • Inventory Accounting and Valuation
  • Physical Verification
  • Slow and Non-Moving Stock
  • Treatment of Losses
  • Scrap
  • Spoilage
  • Defectives
  • Wastages
Operations Management and Strategic Management
  • Product Design
  • Process Design and Selection
  • Product Life Cycle
  • Process Planning and Selection
  • Design Thinking
Corporate Accounting and Auditing
  • Conceptual Framework
  • Presentation of Financial Statements
  • Inventories
Financial Management and Business Data Analytics
  • Reserve Bank of India
  • Commercial Banks
  • Non-Banking Financial Company (NBFCS)
  • Insurance Companies
  • Pensions Funds
  • Alternative Investment Funds
  • Angels
  • Venture Capital
  • Private Equity
  • Hedge Funds 
Management Accounting
  • Conceptual Understanding
  • Relationship Between Management
  • Accounting and Cost Accounting
  • Role of Management Accountant
  • Traditional Cost System
  • Definition and Meaning of Activity Based Costing

Final Exam Syllabus

Subject Syllabus
Corporate Financial Reporting
  • Incorporation of Private Companies
  • Public Companies
  • Companies Limited By Guarantee and Unlimited Companies
  • Conversions
  • Reconversion
  • Mutual Benefit Funds and Producer Companies
Indirect Tax Laws and Practice
  • Profits and Ascertainment of Divisible Profits
  • Declaration and Payment of Dividend
  • Unpaid and Unclaimed Dividend
  • Protection Fund
Cost and Management Audit
  • Procedure For Inter-Corporate Loans
  • Investment
  • Giving Off Guarantee and Security
  • Acceptance of Deposits
Strategic Performance Management and Business Valuation
  • Directors and Managerial Personnel-Appointment
  • Reappointment
  • Resignation
  • Payment of Remuneration
  • Powers of Board of Directors
  • Obtaining Din

Note – To read the detailed syllabus of Cost and Management Accounting (CMA) Foundation, Intermediate and Final exams, please click here.

ICMAI CMA 2022 – Pass Percentage

The pass percentage is the overall percentage required for students to be eligible for the next stage. 

The pass percentage of the Cost and Management Accounting (CMA) exams is as follows:

Exam Pass Percentage
Foundation 75.88%
Intermediate Group I 40.20%
Intermediate Group II 65.30%
Final Group III 34.35%
Final Group IV 57.12%

ICMAI CMA 2022 – Application Fee

The application fee for the Cost and Management Accounting (CMA) exams can be paid in both online and postal mode.

The candidates can check the course-wise application fee from the table given below:

Exam Pass Percentage
Foundation INR 1200
Intermediate Group I INR 1200
Intermediate Group II INR 2400
Final Group III INR 1400
Final Group IV INR 2800

ICMAI CMA 2022 – Admit Card

The Institute of Cost Accountants of India (ICMAI) will release the admit card for the Cost and Management Accounting (CMA) exams on 31 December 2022. The candidate must carry the admit card to the examination centre along with one passport-size photograph and a valid identity card.

The following information will be available on the admit card:

  • Name
  • Signature
  • Photograph
  • Roll number
  • Time
  • Examination centre
  • Instructions
  • invigilator’s signature

ICMAI CMA 2022 – Documents Required

To fill out the application form for the Cost and Management Accounting (CMA) exams, the candidates must upload the following documents:

  • Graduation degree
  • Class 12 mark sheet
  • 3 passport size photographs
  • Adhaar card

How to Apply for the ICMAI CMA 2022 Exam?

Candidates are required to follow the steps mentioned below to apply for the ICMAI CMA exam 2022:

Step 1 – Visit the official website: icmai.in.

Step 2 – Navigate to the “Register Now” tab.

Step 3 – Fill in the required information.

Step 4 -Upload the necessary documents.

Step 5 – Pay the application fee.

Step 6 – Click on the “Submit” tab to complete the application process.

Note – To read the official notification regarding certificates, important dates and other details, please click here.

Frequently Asked Questions (FAQs)

Q.1 What is CMA?

CMA is a professional course offered by the Institute of Cost Accountants of India that promotes and regulates the Cost and Management Accountancy profession in India.

Q2. How long does it take to become a CMA?

Becoming a Certified Management Accountant generally takes 3-4 years.

Q3. Is the ICMAI CMA 2022 application form out?

Yes! The Institute of Cost Accountants of India (ICMAI) has released the online application form for Cost and Management Accounting (CMA) exams on 29 September 2022.

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