CMA Final Syllabus Pdf Download Free (ICWA New Syllabus)

The Institute of Cost Accountants of India released a new notification about ICWAI/CMA Final Syllabus. ICWAI announced that they are going to make some changes in ICWAI Final syllabus from Dec 2016 in that notification. Under ICWAI Syllabus 2016, the first examination is conducted in December, 2016.

 CMA Final Syllabus 2016

ICWAI has changed the name of ICWAI Final course to CMA Final Course. The CMA Institute has clarified vide Notification No. CMA (1)/2016. The last Examination under old CMA Final Syllabus 2012 is conducted in December 2017 term of examinations.

The First CMA Final Examination under “New CMA Final Syllabus 2016” is conducted in June 2017.

Syllabus-2016 for Group-III of CMA Final Course

Paper-13: Corporate Laws & Compliance
Paper-14: Strategic Financial Management
Paper-15: Strategic Cost Management – Decision Making
Paper-16: Direct Tax Laws and International Taxation

Syllabus-2016 for Group-IV of CMA Final Course

Paper-17: Corporate Financial Reporting
Paper-18: Indirect Tax Laws & Practice
Paper-19: Cost & Management Audit
Paper-20: Strategic Performance Management and Business Valuation

Group-III Complete Syllabus

Paper 13: Corporate Laws & Compliance

Section A:

The Companies Act, 2013

1. Company Formation and Conversion
2. Investment and loans
3. Dividends
4. Accounts and Audit
5. Board of Directors & Managerial Personnel
6. Board Meetings and Procedures

Section B:

1. SEBI Laws and Regulations
2. The Competition Act,2002
3. Foreign Exchange Management Act,1999
4. Laws related to Banking Sector
5. Laws related to Insurance Sector

Section C:

1. Corporate Governance
2. Social, Environmental and Economic Responsibilities of Business

Paper 14:  Strategic Financial Management

Section A:

1. Investment Decisions, Project Planning and Control
2. Evaluation of Risky Proposals for Investment decisions
3. Leasing Decisions

Section B:

1. Institutions in Financial Markets
2. Instruments in Financial Market
3. Capital Markets
4. Commodity Exchange

Section C:

Security Analysis & Portfolio Management including Equity Research

Section D:

1. Financial Risks
2. Financial Derivatives – Instruments for Risk Management
3. Financial Risk Management in International Operations

Paper 15: Strategic Cost Management- Decision Making

Section A:

Cost Management

Section B:

1. Decision-Making Techniques
2. Standard Costing in Profit Planning
3. Activity Based Cost Management – JIT and ERP
4. Cost of Quality and Total Quality Management

Section C:

Application of Operation Research and Statistical Tools in Strategic Decision Making

Paper 16: Direct Tax Laws and International Taxation

Section A:

1. Return of Income & Assessment Procedure
2. Assessment of Various Entities & Tax Planning
3. Clubbing of Income
4. Set-Off and Carry forward and Set-off of losses
5. Deduction in Computing Total Income
6. Business Restructuring
7. Administrative procedures under Direct Taxation
8. Grievances Redressal Procedure
9. Settlement of Cases
10. Black Money Act, 2015

Section B:

1. Double Taxation Avoidance Agreements
2. Transfer Pricing Issues

Section C:

Case Study Analysis

Group-IV

Paper 17: Corporate Financial Reporting

Section A:

Accounting Standards

Section B:

Accounting for Business Combinations & Restructuring (as per Ind AS)

Section C:

Group Financial Statements

Section D:

1. Recent trends in Financial reporting
2. Valuation, Accounting and Reporting of Financial Instruments and others
3. Share Based payments
4. Reporting Through XBRL (Extended Business Reporting Language)
5. Government Accounting

Paper 18: Indirect Tax laws and Practice

Section A:

1. Central Excise Act
2. Customs Act
3. Service Tax
4. Foreign Trade Policy, Export Promotion Schemes, EOU, SEZ, EXIM Policy
5. Central Sales Tax and VAT Act

Section B:

Case Study Analysis

Paper 19: Cost and Management Audit

Section A:

Cost Audit

Section B:

Management Audit

Section C:

Internal Audit, Operational Audit and other related issues

Section D:

Case Study on Performance Analysis

Paper 20: Strategic Performance Management and Business Valuation

Section A:

1. Conceptual Framework of Performance Management
2. Performance Evaluation & Improvement Tools
3. Economic Efficiency of the firm –Performance Analysis
4. Enterprise Risk Management

Section B:

1. Business Valuation Basics
2. Valuation Models
3. Valuation of Assets and Liabilities
4. Valuation in Mergers and Acquisitions

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ICWA/CMA Foundation, Inter, Final Papers