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

The Present Publication is the 3^rd Edition for the CMA Intermediate | New Syllabus | Dec. 2024/June 2025 Exam. This book is authored by CA Tarun Agarwal and CA Leena Lalit Parakh, with the following noteworthy features:

• [Strict Adherence to the New ICMAI Syllabus] Ensuring complete alignment with the latest requirements
• [Comprehensive Coverage]
  • Past Exam Questions – Includes questions from the CMA-Intermediate | June 2024 Exam, divided into:
    • Part I – Objective Questions (MCQs, Blanks, True/False, Match, and Short Sums)
    • Part II – Descriptive Questions
    • Part III – Numerical Problems
  • Chapter Introductions – Covering important definitions, concepts, and formulas
  • Sample Questions – For newly introduced topics in the syllabus
• [Detailed Answers] Questions and case studies with comprehensive answers
• [Point-wise Answers]For easy and quick learning
• [Tabular Summaries]Provided at the beginning of each chapter for quick reference
• [Most Updated & Amended Content]Section B (Auditing) updated as per the latest Companies Act Amendments
• [Marks Distribution]Detailed module-wise distribution from June 2017 onwards
• [Previous Exam Trend Analysis]From July 2023
• [ICMAI Study-Material Comparison]Provided module-wise for a comprehensive understanding

The contents of this book are as follows:

• Section A – Corporate Accounting
  • Accounting for Shares and Debentures
  • Preparation of the Statement of Profit and Loss and Balance Sheet (As per Schedule III of the Companies Act, 2013)
  • Cash Flow Statement
  • Accounts of Banking, Electricity and Insurance Companies
  • Accounting Standards
• Section B – Auditing
  • Basic Concepts of Auditing
  • Provision Relating to Audit under the Companies Act 2013
  • Auditing of Different Types of Undertakings