CMA Inter Overview
CMA (Certified Management Accountant) certification is a professional credential that can be earned in the advanced management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics, the skills most in demand on finance teams around the world.
Why Accounts Institute?
Are You looking for top Accounts and Finance Training, then Accounts Institute may be right for your Career. The Accounts Institute is formed with an aim to bridge the gap between industry requirement and curriculum of education.We provide in-depth training in Chartered Accountants Course, Financial Modelling Programs, IFRS and Tally courses and help you with Certification Examination. We offer a full range of Accounting Courses with experts to give you a greater discipline to build up your career necessary for Job Environment.Accounts Institute offers a detailed training including course materials, software, and support to build your bookkeeping career. We provide the skills required to analyze the financial statements and processes with generally accepted accounting principles (GAAP).Our Courses are helpful for Accounting Graduates, Finance Managers, Financial Analysts, Auditor, Controller, Collection Agent, Bookkeeper, Accounting Clerk, CPA and Cost Accountant.
CMA Inter Training Module:
What are the course objectives?
- To develop the area of management accounting as a recognized profession by identifying the role of the management accountant in the field of risk management, internal decision making, planning and cost management, budgeting etc.
- To administer a certification designed to validate competence and practical skills of accountants employed by today’s dynamic business entities.
- To set minimum criteria in measuring academic standards in the field of management accounting.
- To embolden management accountants to keep abreast of the changing conditions in the global business environment and pursue continuing professional development.
CMA Inter Course Duration?
Intermediate Course: INR 15,700/-
Intermediate Program- 12 months
CMA Inter Certification?
To be fully certified, you must have 2 continuous years of professional experience.
And as a CMA you need to maintain your license with active IMA membership and 30 hours (including two in ethics training) of CPE credits annually.
Our Training Features:
Hands on Training
CMA Inter Course Syllabus :
GROUP – I
1 – Financial Accounting
Sec-A: Accounting – Basics
- Fundamentals of Accounting
- Accounting for Special Transactions
Sec-B: Preparation of Financial Statements
- Preparation of Final Accounts of Profit Oriented organizations, Non-Profit Organizations and from Incomplete Records.
- Partnership Accounts
Sec-C: Self Balancing Ledgers, Royalties, Hire Purchase & Installment System, Branch & Departmental Accounts.
- Self-Balancing Ledgers
- Royalties, Hire-Purchase and Installment System
- Branch and Departmental Accounts
Sec-D:: AccounSec-D: Computerized Environment and Accounting Standards
- Overview of Computerized Accounting
- Accounting Standards (Specified only)
2 – LAWS AND ETHICS
Sec A: Commercial Laws
- Indian Contract Act, 1872
- Sale of Goods Act, 1930
- Negotiable Instruments Act, 1881
- Indian Partnership Act, 1932
- Limited Liability Partnership Act, 2008
Sec B: Industrial Laws
- Factories Act, 1948
- Payment of Gratuity Act, 1972
- Employees Provident Fund Act, 1952
- Employees State Insurance Act, 1948
- Payment of Bonus Act, 1965
- Minimum Wages Act, 1948
- Payment of Wages Act, 1936
Sec C: Corporate Law
- Companies Act 2013
Sec D: Ethics
- Business Ethics
3 – DIRECT TAXATION
SECTION – A: INCOME TAX ACT BASICS
- Introduction to Income Tax Act, 1961
- Income which does not form part of Total Income (Section 10, 11 to 13A)
SECTION – B: HEADS OF INCOME AND COMPUTATION OF TOTAL INCOME AND TAX LIABILITY
- Heads of Income and Computation of Total Income under various heads.
- Clubbing Provisions, Set off and Carry forward of Losses, Deductions.
- Assessment of Income of different persons.
- Corporate Taxation
- TDS, TCS and Advance Tax.
SECTION C: ADMINISTRATIVE PROCEDURES AND ICDS
- Administrative Procedures.
- Income computation and disclosure standards – Basic Concepts only
4 – COST ACCOUNTING
- INTRODUCTION TO COST ACCOUNTING
- COST ASCERTAINMENT – ELEMENTS OF COST
- COST ACCOUNTING STANDARDS
- COST BOOKKEEPING
- METHODS OF COSTING 30%
- COST ACCOUNTING TECHNIQUES
GROUP – II
5 – OPERATIONS MANAGEMENT & STRATEGIC MANAGEMENT
Section – A: Operations Management
- Operations Management – Introduction
- Operations Planning
- Designing of operational systems and control
- Production planning and control
- Productivity management and quality management
- Project Management
- Economics of Maintenance and spares management
Section – B: Strategic Management
- Strategic Management Introduction
- Strategic Analysis and Strategic Planning
- Formulation and Implementation of Strategy
6 – COST & MANAGEMENT ACCOUNTING AND FINANCIAL MANAGEMENT
Section A: Cost & Management Accounting
- Cost and Management Accounting – Introduction
- Decision Making Tools
- Budgeting and Budgetary Control
- Standard Costing and Variance Analysis
- Learning Curve
Section B: Financial Management
- Introduction to Financial Management
- Tools for Financial Analysis and Planning
- Working Capital Management
- Cost of Capital, Capital Structure Theories, Dividend Decisions and Leverage Analysis
- Capital Budgeting – Investment Decisions
7 – INDIRECT TAXATION
- Canons of Taxation – Indirect Tax
- Central Excise
- Customs Law 15%
- Service Tax 30%
- Central Sales Tax and VAT
8 – COMPANY ACCOUNTS AND AUDIT
- Accounting of Shares and Debentures
- Presentation of Financial Statements (as Per Schedule III)
- Cash Flow Statement
- Accounts of Banking, Electricity and Insurance Companies
- Accounting Standards (AS-11, 12, 15, 16, 17, 18 and 19)
- Auditing Concepts
- Provision relating to Audit under Companies Act
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