ICMAI Syllabus 2018 For CMA Foundation | CMA Inter | CMA Final

ICMAI had released new syllabus in 2016. This new ICMAI Syllabus 2018 is applicable for CMA Foundation, CMA Inter CMA Final. The First Examination under “ ICMAI Syllabus 2016” was conducted in December 2016. The Last Examination under “Syllabus 2012” was conducted in June 2017. If you are looking for complete information on ICMAI syllabus or CMA syllabus, changes in ICMAI syllabus or CMA syllabus, read the complete article.

Read below the official notification for Changes in ICMAI Foundation, Inter, and Final as per new syllabus 2016:

No. CMA (3) /2015 : In pursuance of sub-regulation (b) of Regulation 20B and Regulation 31 of the Cost and Works Accountants Regulations, 1959, it is hereby notified that in exercise of powers conferred by clause (a) of sub-section (2) of Section 15 of the Cost and Works Accountants Act,1959, the Council of the Institute of Cost Accountants of India at its 293rd Meeting held on 20/5/2015 has approved the “Syllabus 2016” for introduction w.e.f. 1st February 2016 as annexed in Annexure 1. Students admitted to the Courses of the Institute w.e.f. 1st February 2016 shall pursue Courses under “Syllabus 2016”.


  • The First Examination under “Syllabus 2016” shall be conducted in June 2017.
  • The Last Examination under “Syllabus 2012” shall be conducted in December 2016.


Examinations under both Syllabi shall be conducted simultaneously as per the dates mentioned below:

Examination to be held in Examinations to be held under
December 2016 Syllabus 2012 Syllabus 2016
June 2017 Syllabus 2012 Syllabus 2016
December 2017 and onwards (until further notice) Syllabus 2016

This issues with the approval of the competent authority.

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Institute of Cost and Works Accountants of India made some changes in ICMAI Foundation, Inter and Final syllabus from 2016. Click on the below links to read the complete details

ICMAI Foundation Syllabus 2016

ICMAI Inter Syllabus 2016 (Executive Course)

ICMAI Final Syllabus 2016 (Professional Course)

New ICMAI Syllabus 2016 For CMA Foundation

Syllabus 2016 – Foundation Course
P1 Fundamentals of Economics & Management
P2 Fundamentals of Accounting
P3 Fundamentals of Laws and Ethics
P4 Fundamentals of Business Mathematics & Statistics

Foundation Course Examination: Online MCQ Mode.

Foundation Examinations – Four (4) times in a year in every three (3) months.

 ICMAI Syllabus 2016 For CMA Inter

Syllabus 2016 – Intermediate Course: Group – 1

Paper – 5 Financial Accounting

Paper – 6 Laws & Ethics

Paper – 7 Direct Taxation

Paper – 8 Cost Accounting

Syllabus 2016 – Intermediate Course: Group – 2

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Paper – 9 Operations Management & Strategic Management

Paper – 10 Cost & Management Accounting and Financial Management

Paper – 11 Indirect Taxation

Paper – 12 Company Accounts & Audit

ICMAI Syllabus 2016 For CMA Final

Syllabus 2016 – Final Course: Group – 3

Paper – 13 Corporate Laws & Compliance
Paper – 14 Strategic Financial Management
Paper – 15 Strategic Cost Management – Decision Making
Paper – 16 Direct Tax Laws and International Taxation

Syllabus 2016 – Final Course: Group – 4

Paper – 17 Corporate Financial Reporting
Paper – 18 Indirect Tax Laws & Practice
Paper – 19 Cost & Management Audit
Paper – 20 Strategic Performance Management and Business Valuation


ICMAI New Syllabus 2017 Official Notification

Click Here to see ICMAI Syllabus 2016 For Foundation, Inter and Final Exams.

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