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CMA FOUNDATION NEW SYLLABUS 2016 – Changes in Topics


Get CMA Foundation New Syllabus 2016 Details. Earlier we’ve provided CMA Foundation New Syllabus 2016 Study Material which is applicable from 2017. The following article contains the Syllabus in CMA Foundation New Syllabus 2016 and also contains the weightage of the chapters. Students may know the Difference between the Syllabus 2012 and Syllabus 2016. Fundamental of Economics and Management is the Paper-1, Fundamentals of Accounting is the Paper 2, Fundamentals of Laws and Ethics is the Paper 3 and Fundamentals of Business Mathematics & Statistics is the Paper 4 in the CMA FOUNDATION.  Each Paper is for 100 marks in the exam. In the previous article we are providing the CMA FOUNDATION, CMA Inter and CMA Final study materials. This is the article You can see CMA Foundation New Syllabus 2016 which is applicable from 1st August 2016. Syllabus 2016 is applicable from the date 1st August 2016 that means for June 2017 Exam, students should prepare New Syllabus Material.

CMA FOUNDATION NEW SYLLABUS 2016 – Changes in Topics

CMA Foundation New Syllabus 2016

Subjects in CMA Syllabus 2016 Foundation Course

Paper – 1Fundamentals of Economics and Management
Paper – 2Fundamentals of Accounting
 Paper – 3Fundamentals of Laws and Ethics
Paper – 4Fundamentals of Business Mathematics & Statistics

CMA Foundation Syllabus 2016 Paper 1 – Contents and Weightage

Section A : Fundamentals of Economics
    1. Basic concepts of Economics20%
    2. Forms of Market20%
    3. Money and Banking10%
Section B : Fundamentals of Management 
     4. Management Process50%

CMA Foundation Syllabus 2016 Paper 2 Accounts – Contents and Weightage

                                                            CONTENTS  Weightage
Section A : Fundamentals of Financial Accounting 
   1. Accounting Fundamentals35%
   2. Accounting for Special Transactions20%
   3. Preparation of Final Accounts25%
Section B: Fundamentals of Cost Accounting 
   4. Fundamentals of Cost Accounting20%

CMA Foundation Syllabus 2016 Paper 3 Laws & Ethics – Contents and Weightage

                                                         CONTENTS    Weightage
Section A : Fundamentals of Commercial Laws
1. Indian Contracts Act, 1872         40%
2. Sale of Goods Act, 1930         20%
3. Negotiable Instruments Act, 1881         10%
Section B : Fundamentals of Ethics
4. Ethics and Business          30%

CMA Foundation Syllabus 2016 Paper 4 Maths – Contents and Weightage

                                                                 CONTENTS  Weightage
Section A : Fundamentals of Business Mathematics 
     1. Arithmetic20%
     2. Algebra20%
Section B : Fundamentals of Business Statistics 
    3. Statistical representation of Data10%
    4. Measures of Central Tendency and Dispersion30%
    5. Correlation and Regression10%
    6. Probability10%


Section A : Fundamentals of Economics

  1. Basic Concepts of Economics – Micro & Macro Economics

(a) The Fundamentals of Economics(b) Utility, Wealth, Production(c) Theory of Demand (meaning, determinants of demand, law of demand, elasticity of demandprice, income and cross elasticity) and Supply (meaning, determinants, law of supply and elasticity of supply)(d) Equilibrium(e) Theory of Production (meaning , factors, laws of production- law of variable proportion, laws of returns to scale)(f) Cost of Production (concept of costs, short-run and long-run costs, average and marginal costs, total, fixed and variable costs)

  1. Forms of Market

Pricing strategies in various forms of markets

  1. Money and Banking

(a) Definition of Money, Types, Features and Functions(b) Definition, functions, utility, principles of Banking(c) Commercial Banks, Central Bank(d) Measures of credit control and Money MarketSection B : Fundamentals of Management4 Management Process(a) Introduction, planning, organizing, staffing, leading, control, communication, co-ordination(b) Concept of Power, Authority, Delegation of Authority, Responsibility, Accountability(c) Leadership & Motivation – Concept & Theories(d) Decision-making – types of decisions, decision-making process.


Section A : Fundamentals of Financial Accounting [80 Marks]

  1. Accounting Basics

(a) Accounting Principles, Concepts and Conventions(b) Capital and Revenue transactions – capital and revenue expenditures, capital and revenue receipts(c) Double entry system, Books of prime entry, Subsidiary Books, Cash Book(d) Journal, Ledger, Trial Balance(e) Depreciation – Methods (Straight Line and Diminishing Balance methods only)(f) Rectification of Errors(g) Opening entries, Transfer entries, Adjustment entries, Closing entries(h) Bank Reconciliation Statements

  1. Accounting for Special Transactions

(a) Bills of Exchange (excluding accommodation bill, insolvency)(b) Consignment (cost price, invoice price, commission & valuation of stock)(c) Joint Venture

  1. Preparation of Final Accounts:

(a) Of a Profit making concern (for sole proprietorship concern only)(i) Accounting treatment of bad debts, reserve for bad and doubtful debts, provision for discount on debtors and provision for discount on creditors.(ii) Preparation of Trading Account, Profit & Loss Account and Balance Sheet.(b) Of a Not-for- Profit making concern(i) Preparation of Receipts and Payments Account(ii) Preparation of Income and Expenditure AccountSection B : Fundamentals of Cost Accounting [20 Marks]

  1. Fundamentals of Cost Accounting

(a) Meaning, Definition, Significance of Cost Accounting, its relationship with Financial Accounting & Management Accounting.(b) Classification of Costs(c) Format of Cost Sheet


Section A : Fundamentals of Commercial and Industrial Laws

  1. Indian Contracts Act, 1872

(a) Essential elements of a contract, offer and acceptance(b) Void and voidable agreements(c) Consideration, legality of object and consideration(d) Capacity of Parties, free consent(e) Quasi Contracts, Contingent Contracts(f) Performance of contracts(g) Discharge of contracts(h) Breach of Contract and Remedies for Breach of Contract

  1. Sale of Goods Act, 1930

(a) Definition(b) Transfer of ownership(c) Conditions and Warranties(d) Performance of the Contract of Sale(e) Rights of Unpaid Vendor(f) Auction Sales3 Negotiable Instruments Act, 1881(a) Negotiable Instruments –Characteristics of Negotiable Instruments(b) Definitions of Promissory Note, Bill of Exchange and Cheque(c) Differences between Promissory Note, Bill of exchange and Cheque(d) Crossing – Meaning, Definition and Types of Crossing.Section B : Fundamentals of Ethics

  1. Ethics and Business

(a) Ethics – Meaning, Importance(b) The “Seven Principles of Public Life” – selflessness, integrity, objectivity, accountability, openness, honesty and leadership(c) The relationship between Ethics and Law(d) Ethics in Business


Section A : Fundamentals of Business Mathematics [40 Marks]

  1. Arithmetic

(a) Ratios, Variations and Proportions(b) Simple and Compound interest(c) Arithmetic Progression and Geometric Progression.

  1. Algebra

(a) Set Theory(b) Indices and Logarithms (basic concepts)(c) Permutation and Combinations (basic concepts)(d) Quadratic Equations (basic concepts)Section B : Fundamentals of Business Statistics [60 Marks]

  1. Statistical Representation of Data

(a) Diagrammatic representation of data(b) Frequency distribution(c) Graphical representation of Frequency Distribution – Histogram, Frequency Polygon Curve, Ogive, Pie-chart

  1. Measures of Central Tendency and Dispersion

(a) Mean, Median, Mode, Mean Deviation(b) Range, Quartiles and Quartile Deviation(c) Standard Deviation(d) Co-efficient of Variation(e) Karl Pearson and Bowley’s Co-efficient of Skewness

  1. Correlation and Regression

(a) Scatter diagram(b) Karl Pearson’s Coefficient of Correlation(c) Regression lines, Regression equations, Regression coefficients

  1. Probability

(a) Independent and dependent events; Mutually exclusive events(b) Total and Compound Probability; Baye’s theorem; Mathematical ExpectationShare this Article “CMA Foundation New Syllabus 2016” to all students who are preparing for CMA Foundation from June 2017. If you have any queries regarding CMA Foundation Registration, Last Date, CMA Foundation Study Material for New Syllabus or any other course related questions, you can write us via comment box.

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