This book is specifically designed to meet the requirements of the Foundation Level Cost & Management Accountancy Examination. It includes comprehensive past exam questions and detailed answers aligned with the latest ICMAI syllabus.

The Present Publication is the Latest Edition for the CMA Foundation | Dec. 2024/June 2025 Exams. This book is authored by CA Leena Lalit Parakh, with the following noteworthy features:

• [Strictly as per the Latest ICMAI Syllabus] Ensures complete alignment with the latest requirements
• [Comprehensive Content Coverage]
  • Chapter-wise Introductions highlighting essential concepts
  • 750+ MCQ-based Past Exam Questions, including the CMA Foundation | June 2024 Exam covering both theory questions and numerical questions
  • Practice Questions at the end of each chapter for thorough preparation
• [Detailed and Well-Structured Answers] to aid in conceptual clarity and exam-oriented study
• [Point-wise Answers] Designed for quick and easy recall
• [Marks Distribution Analysis] Module-wise breakdown from December 2022 onwards
• [Comparison with ICMAI Study Material] for a better understanding of module coverage

The contents of this book are as follows:

• Fundamentals of Business Economics
  • Basic Concepts
    • The Fundamentals of Economics
    • Utility, Wealth & Production
    • Theory of Demand, Supply & Equilibrium Demand
    • Theory of Production
    • Cost of Production
    • Means of Production
  • Forms of Market
    • Pricing of Products & Services in Various Forms of Market
    • Price Discrimination
  • Money and Banking
    • Money – Types, Features & Functions
    • Banking – Definition, Functions, Utility & Principles
    • Commercial Banks & Central Bank
    • Measures of Credit Control & Money Market
  • Economic and Business Environment
    • Pestel (Political, Economical, Societal, Technological, Environmental & Legal) & Porter’s 5 Forces Analysis
    • Emerging Dimensions of VUCAFU
• Fundamentals of Management
  • Fundamentals of Management
    • Introduction to Management
    • Stewardship Theory & Agency Theory of Management
    • Planning, Organizing, Staffing & Leading
    • Communication, Coordination, Collaboration, Monitoring & Control
    • Organization Structure, Responsibility, Accountability & Delegation of Authority
    • Leadership & Motivation – Concepts & Theories
    • Decision-Making Types & Process