What is in the CMA Foundation Exam? Introduction of CMA Foundation Accounting Video Lecture

In this Video post, we will talk about The Institute of Cost Management Accountants of India’s entry-level requirements into the Cost Management Accountancy Course. The nature of exams, number of papers, and weightage of each topic. Whether it is offline-based or online-based.

Introduction of CMA Foundation

The exam is known as the CMA Foundation exam. ICMAI is the conducting body. The full form is The Institute of Cost Management Accountants of India. Previously the body was known as the Institute of Cost & Works Accountants of India.

Introduction Of CMA Foundation Accounting

Accounting is the process of recording, classifying, and summarising a company's financial activities. Accounting is widely used since it aids in the decision-making process in all economic activities.

As a CMA Foundation candidate, you should be familiar with the fundamentals and fundamental ideas of accounting. At an elementary level, you will learn how to comprehend, classify, record, and present financial statements. There are two parts to this study. Fundamentals of Accounting will be covered in part one, and Fundamentals of Cost Accounting will be covered in part two.

The goal of the paper, according to ICMAI, is for you to gain a full understanding of all areas connected to financial statements, accounting concepts, procedures, and their application to various practical situations.

The paper will take 3 hours to complete. It is divided into two parts. The Fundamentals of Financial Accounting are covered in Section A. The Fundamentals of Cost Accounting are covered in Section B. It's a descriptive paper with an offline mode (pen and paper-based). The paper is worth a total of 100 points. Section A has an 80-point value, while Section B has a 20-point value.

Contents	Marks Allocated
Section A: Fundamentals of Financial Accounting
1. Accounting Fundamentals	35
2. Accounting for Special Transactions	20
2. Preparation of Final Accounts	25
Section B: Fundamentals of Cost Accounting
Fundamentals of Cost Accounting	20

Browse this Full Video for More Detail About CMA Foundation Accounting

We hope that you have found the information outlined in the post useful. Good luck with your upcoming exams!

Do you have any questions about anything in this post? Tell us what you think in the comments section below. Also, don't forget to enroll in our CMA Foundation Online Video Lectures, which cover the full curriculum.

Here, at Takshila Learning, we offer CMA Foundation Online Classes via CMA Foundation Video Lectures and Online Tuition Classes. Prepare now for CMA Foundation Exam with us right from your home. Call Us @ 8800999280/83/84 and Book A Demo Now.

Last Minute Tips to Crack SSC CGL 2019-20 (Tier-I) Exam

Last-Minute Tips to Crack SSC CGL 2019-20 (Tier-I) Exam 1. Don’t read any new topic at the last moment · Try to avoid studying any new topic at the last moment. Just revise what you have already studied. 2. Don’t forget your Admit Card, Photograph and ID Proof · Take a print out of your admit card and original photo identity proof, 1 photo and photocopy of the ID proof. Reach the examination center before time to avoid any last-minute trouble. 3. Maintain your Speed & Accuracy and Maximize your Score · Speed and Accuracy are two important factors to crack any competitive exam. Speed will help in maximizing the attempts while accuracy will ensure that you don’t end up losing marks as the negative marking of 0.5 marks for wrong answers is there. 4. Attempt according to the strategy you followed in the mock tests · Make sure you attempt the easier section first. The exam should be attempted with the same strategy you fol

Magnetic and non-magnetic material Class 6 Science

Magnetic and non-magnetic material Class 6 Science A magnet is a substance that is drawn to certain magnetic materials like iron, cobalt, and nickel. Magnets have the ability to draw iron to them. Natural magnets are rocks that naturally draw iron. Non-magnetic materials include things like wood, rubber, coins, feathers, leather, etc. that are not drawn to iron. Magnet characteristics It pulls magnetic materials, such as iron. The magnet's two ends are referred to as its poles. The magnet's diametrically opposed poles are drawn together. Heating, hammering, or dropping causes it to lose its characteristics. On the basis of properties types of Magnets Temporary magnets are those magnets that are magnetic for only a little duration. Typically, iron, cobalt, or nickel are used to make them. When they are close to the powerful magnet, they act like a magnet. When they are yanked away from the powerful magnet, they stop being magnetic. Permanent magnets are magnets that have magne

Why is Hindi Day celebrated on 14 September?

Why is Hindi Day celebrated on 14 September? After independence, the Government of India set a goal to give an ideal form to the mother tongue of the country and set a target for grammar and orthography using the Devanagari script to bring standardization in writing. Subsequently, on September 14, 1949, the Constituent Assembly decided by a vote that Hindi would be the official language of India. To propagate the importance of this decision and to spread Hindi in every region, India is celebrating Hindi Day every year from 1953 to 14 September, at the request of Rashtrabhasha Prachar Samiti, Wardha. Apart from this, 14 September is also the birthday of Rajendra Singh, who worked tirelessly to make Hindi the official language of India. Hindi Day is observed every year on 14 September to mark the importance of the Hindi language in the country. The Hindi language is one of the oldest languages, which derives most of its academic vocabulary from the Sanskrit language written in the Deva

Takshila Learning - Online Tutorials

Search This Blog