CMA Inter Financial Accounting Important Questions, Topics, Chapters

| November 10, 2016 | 1 Comment

In previous post we have given CMA/CWA Inter and Final Time Table for December 2016 Examination, Free Download All Accounting Standards for CA,CMA & CS Students and ICWAI Inter and Final Syllabus Applicable for December 2016. Today I’m giving CWA / CMA Inter  Accounts Important topics, important questions and important Chapters for preparing December 2016 exams. Most of the CMA students asked me that “Sir, please tell me some important topics, chapters or questions of  ICWA Intermediate Financial Accounting”. This article’s main intention is just suggesting some important topics, important chapters and important questions in CMA Inter Group 1 Accounts to get 40 – 50 marks in CMA Inter Exams.

          CMA Inter Financial Accounting Important Topics

CMA Financial Accounting Important Questions


1. Accounting Standards :

  • AS-1: Disclosure of Accounting Policies
  • AS-2: Valuation of Inventories
  • AS-5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
  • AS-10: Accounting for Fixed Assets

2. Bank Reconciliation Statements
3. Depreciation Accounting (AS – 6); Impairment of Assets (AS -28)
4. Preparation of Financial statements :

  • Preparation of Receipts and Payments Account
  • Preparation of Income and Expenditure Account
  • Balance Sheet CMA Inter Important Topics
  • Concept of single entry system, conversion of single entry system into double entry system of accounting CMA Inter Important Topics

5. Partnership :CMA Inter Important Topics

  • Admission, Retirement, Death, Treatment of Joint Life Policy
  • piece meal distribution
  • Amalgamation of partnership firms

6.Branch Accounts-Debtors system, Stock & Debtors system
7. Self-Balancing Ledger CMA Inter Important Topics
8.Insurance Claim ( Loss of Stock and Loss of profit)
9.Accounts of a Banking Company
10.Accounts of Insurance Companies (as per Insurance Act) including Stock Valuation.

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Category: CMA, CMA Inter, Year

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  1. shivaji says:

    Notify me any new important points for Dec 15 attempt of CMA of all subject

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