CMA Intermediate Group 1

CMA Inter Group 1 syllabus has 4 papers which are to be attempted either independently or together with Group 2 (also consisting of 4 papers) depending on a student’s preference or preparation. CMA intermediate group 1 exams are held twice in a year, once in the month of June and once in December.


Who is Eligible for CMA intermediate Group 1 Course

A student is eligible to appear in CMA intermediate group 1 exam only after fulfilling the following conditions:

  1. Successfully passing CMA foundation Course
  2. Successful completion of Oral/Postal coaching
  3. Successful completion of skill training
  4. Successful submission of exam application form on or before exam specified due dates.


When and How to Apply?

Registration for the CMA intermediate course is open throughout the year However, Students desirous to appear for June Term Examination should apply before 31st January of that year and for December Term Examination, students should apply before 31st July of that year. To apply for CMA intermediate course, visit icmai’s official website and fill out the admission form.


Registration and Fee

To register for CMA intermediate group 1 course, a student can visit icmai’s official website and fill out the admission form and pay a fee of Rs.23100 (for both groups). The fee can be paid in two instalments:

  1. Rs.12000 – 1st instalment and Rs.11,100 – 2nd instalment
  2. Payable on or before 31st January of that year for June examination and for 31 st July for December examination.


CMA Inter Group 1 Subjects and Syllabus

CMA inter group 1 syllabus consists of 4 subjects/papers namely Financial Accounting, Law Ethics, Direct Taxation and Cost Accounting. CMA inter group 1 subjects and topics to be covered along with their respective weightage in final examination are mentioned below.


CMA Inter Group 1 Subjects:

  1. Paper 5: Financial Accounting (FAC)
    • Accounting – Basics 25%
    • Preparation of Financial Statements 40%
    • Self-Balancing Ledgers, Royalties, Hire Purchase Instalment System, Branch Departmental Accounts 20%
    • Accounting in Computerised Environment and Accounting Standards 15%
  2. Paper 6: Laws & Ethics (LNE)
    • Commercial Laws 30%
    • Industrial Laws 25%
    • Corporate Law 35%
    • Ethics 10%
  3. Paper 7: Direct Taxation (DTX)
    • Income Tax Act Basics 10%
    • Heads of Income and Computation of Total Income and Tax Liability 70%
    • Tax Management, Administrative Procedures and ICDS 20%
  4. Paper 8: Cost Accounting (CAC)
    • Introduction to Cost Accounting 40%
    • Methods of Costing 30%
    • Cost Accounting Techniques 30%


Learning Objectives

Correct understanding of a question is the first step in delivering the right answer. In our courses, you will learn how to tackle every question correctly and according to the exam pattern and objective of the question. The question paper will comprise of knowledge, comprehension, application, and analysis-based sections. Following is an explanation of how to formulate your answers on that basis.

Learning objectives Verbs used Definition
What you are expected to know
List Make a list of
State Express. fully or dearly. The details/facts or
Define Give the exact meaning of
What you are expected to understand
Describe Communicate the key features or
Distinguish Highlight the differences between
Explain Make clear or Intelligible/ state the meaning or purpose of
Identify Recognize, establish, or select after consideration
Illustrate Use an example to describe or explain something
How you are expected to apply your knowledge
Apply Put to practical use
Calculate Ascertain or reckon mathematically
Demonstrate Prow with certainty or exhibit by practical means
Prepare Make or get ready for use
Reconcile Make or prove consistent/ compatible
Solve Find an answer to
Tabulate Arrange a table
How you are expected to analyse the details of what you have learned
Analyse Examine-in details the structure of
Categorize Place into a defined class or division
Compart and contrast Show the similarities and/ or differences between
Construct Build up or compile
Discuss Examine in detail by argument
Interpret Translate into intelligible or familiar terms
Prioritize Place in order of priority or sequence for action
Produce Create or bring into existence


Training during CMA Intermediate Course

Computer Training – 100 hours and Communication Soft Skill Training – 3 days. A student appearing for both groups or for remaining group of Intermediate Examination has to undergo Computer Training at Regional Council/Chapter/ Recognized Oral Coaching Centre/CMA Support Centre duly recognized by the Institute. Students should have completed the Computer Training and Communication Soft Skill Training before filling up the Examination application form.


Passing Criteria

To pass CMA intermediate exam, a candidate is required to obtain a minimum of 40% in all individual subjects/papers and an aggregate of 50% in total. If a candidate who failed to fulfill the criteria and is declared failed in any group, but has obtained 60% or more in any one paper or more, will be exempted to appear in that particular paper or papers in subsequent examination, and after passing, the marks for each of the exempted papers will be reckoned as 50.


After CMA intermediate group 1

A student who has successfully cleared all 4 papers of CMA Inter group 1 in adherence to the passing criteria mentioned above, can appear in Group 2 in the forthcoming attempt and if he has already cleared CMA Inter Group 2 as well, He gets entitled to get enrolled for CMA Final.



For more information about CMA Inter group 1 or CMA Inter syllabus, you can contact us on our toll-free number 18003091245 and talk to our experts for free. You can also mail us at [email protected]. Visit our Youtube Channel or Telegram for regular updates and information on CMA video lectures and online classes.