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CMA Foundation Fundamentals of Laws and Ethics- Indian Contract Act 1872 In this Video post, CA/ CMA Foundation  aspirants will learn about the Indian Contract Act 1872.- Fundamentals of Laws and Ethics .   Basic about Indian Contract Act 1872 The Indian Contract Act is one of our country's earliest mercantile laws.   The Indian Contract Act, 1872 was authorized on 25th April 1872 [Act 9 of 1872] and accordingly came into power on the primary day of September 1872. and it applies to the whole country of India, with the exception of Jammu and Kashmir. It is the primary legislation governing contracts in India, with a total of 266 provisions.   The Indian Contract Act classifies the manner in which we go into an agreement, execute an agreement and actualize arrangements of an agreement and impacts of break of an agreement. The legally binding limit is confined in specific circumstances else it is the privilege of the person to contract. There are explicit zones that manage the proper

Cost and Management Accountant A  CMA  or a  Cost and Management Accountant  is answerable for the distribution, the executives, and the guideline of assets in business; any business. A Cost and Management Accountant is somebody who plays out these obligations. Work as a CMA is fulfilling and generously compensated just as a decent one.   There are various reasons why you should seek after a vocation in  CMA , however, the most significant explanation is that you should need to; else you won’t have the option to progress in the direction of it or appreciate it. Do you have a talent for bookkeeping and account, and an ever-developing adoration for business and numbers? At that point, maybe, CMA is the best approach for you.  Additionally, there is no deficiency of occupations or vocation alternatives for the  CMA  proficient, nor is there an absence of ventures. Each industry needs a CMA.   ABOUT ICMAI  The Institute of Cost Accountants of India was recently known as The Institute of Co

Guideline of CMA Course 2020-21-  Basic steps to become a CMA The CMA course has two parts: practical training and a theoretical (examination) component. The theoretical component involves passing the following three exams: 1. CMA Foundation 2. CMA Intermediate 3. CMA Final CMA Levels CMA Foundation Exam The Syllabus of the CMA Foundation Course comprises of 4 papers 1. Paper 1: Fundamentals of Economics and Management 2. Paper 2: Fundamentals of Accounting 3. Paper 3: Fundamentals of Laws and Ethics 4. Paper 4: Fundamentals of Business Mathematics and Statistics CMA Intermediate Exam  Group – 1 1. Paper 5: Financial Accounting 2. Paper 6: Laws & Ethics 3. Paper 7: Direct Taxation 4. Paper 8: Cost Accounting   Group – 2 1. Paper 9: Operations Management & Strategic Management 2. Paper 10: Cost & Management Accounting and Financial Management 3. Paper 11: Indirect Taxation 4. Paper 12: Company Accounts & Audit CMA Final Exam Group- 3 a. Paper 13: Corporate Laws and Comp