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CMA Foundation Syllabus  2021 Check Details  CMA Foundation Syllabus & CMA Foundation Exam The Institute of Cost Management Accountants of India administers the CMA Foundation  Exam , which is a disconnected expressive test administered by pen and paper. The test consists of four papers. Each is worth 100 stamps and lasts three hours. The exam will last for at least four days. It takes place twice a year, once in June and once in December.   Eligibility Criteria and Registration Process You must appear for the Secondary School Examination (10+2) or a proportional examination as determined by the Central Government.   If you meet this requirement, you are qualified to enroll. It's worth noting that if you're waiting for your results, you can apply for temporary enrollment.   You can enlist in one of two different ways: Offline registration Online registration In the event that you pick disconnected enrollment, you’ll need to mail in your application to your individual territ

How to Become a Certified Management Accountant (CMA) If you're interested in the CMA because of all the benefits it may bring to your career, you'll want to discover how to become a CMA so you can get started. So, follow this step-by-step guide to discover more about CMA eligibility and to get started on your CMA adventure. The truth is, CMAs are in high demand and low supply right now. And the good news is, becoming one is absolutely attainable. By following my plan below you can apply for your Certified Management Accountant Certification.   How to Become a CMA Obtaining a CMA – Certified Management Accountant  (assured the executive's bookkeeper) certification is an excellent way to advance your bookkeeping career. The Institute of Management Accountants offers the CMA assignment, which is a widely recognized professional credential (IMA). As a result of this accreditation, you will have access to a large number of changes in the board's budgeting and bookkeeping th

What is Arithmetic Progression & Geometric Progression? Video Lecture About Arithmetic Progression and Geometric Progression An arithmetic progression  is a sequence of numbers in which each term is derived from the preceding term by adding or subtracting a fixed number called the common difference "d". A geometric progression  is a sequence in which each term is derived by multiplying or dividing the preceding term by a fixed number called the common ratio. For example, the sequence 4, -2, 1, - 1/2,.... is a Geometric Progression (GP) for which - 1/2 is the common ratio. This article on Arithmetic Progression will sprinkle on all the aspects of AP and is helpful for both Class 10 Maths and CA/CMA Foundation Fundamentals of Business Mathematics and Statistics.   Properties Of Arithmetic Progression On the off chance that a similar number is included or deducted from each term of an A.P, at that point, the subsequent terms in the succession are likewise in A.P with simil

 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 acco

What is bank reconciliation statement? and why is it prepared? Bank Reconciliation Statement Meaning A bank reconciliation statement is a book that keeps track of a bank account's transactions. This statement assists account holders in checking and tracking their funds as well as updating their transaction records. The bank reconciliation statement, also known as the bank passbook, is a document that shows how much money has been transferred from one account to another. The balance in the bank passbook of the statement must be the same as the balance in the cash book. All deposits will appear in the credit column on the statement, while withdrawals will appear in the debit column. However, if the withdrawal exceeds the deposit, the account will be debited (overdraft).   Why it is Prepared It‘s not compulsory to prepare a BRS and there’s no fixed date for preparing BRS. BRS is prepared on a periodical basis for checking that bank-related transactions are recorded properly in the cas

Fundamentals of Accounting Joint Venture Meaning CMA Foundation JOINT VENTURE MEANING A joint venture is an agreement between two or more parties to combine their resources for the goal of completing a certain job or transaction. This task could be a new project or a different type of commercial activity. Each partner of a joint venture is liable for the earnings, losses, and expenditures associated with it. The enterprise, on the other hand, is a separate entity from its participants.   JOINT-VENTURE ACCOUNTING Coming to the Joint-Venture accounting, the parties can maintain the records of the joint venture business transactions in different ways, such as:   1)   Entities maintain the records of the joint business transactions, in their own business entity books, and reconcile them with other ventures as and when required, including at the end for final settlement. 2)  SEPARATE SET OF BOOKS OF ACCOUNTS  is maintained for and by the joint venture business including a profit loss accou