Thursday, June 20, 2019

Calculation of Legal Due Date of a Bills of Exchange


Legal Due Date of a bill of exchange:
The Legal Due Date of Bill of Exchange is that date when the amount of the bill is payable by the drawee. The calculation of due date of a bill of exchange is dependent on the nature of the bill. A bill of exchange is of two types:

Thursday, January 03, 2019

CMA Foundation: Fundamentals of Accounting Question Paper Pattern and Important Topics


PAPER – 2: FUNDAMENTALS OF ACCOUNTING
Section A: Fundamentals of Financial Accounting (80%)
Section B: Fundamentals of Cost Accounting (20%)
1. Accounting Fundamentals 35%
2. Accounting for Special Transactions 20%
3. Preparation of Final Accounts 25%
4. Fundamentals of Cost Accounting 20%

Section A: Fundamentals of Financial Accounting [80 Marks]

Wednesday, January 02, 2019

CMA Foundation Syllabus 2016 (Paper 1): Fundamentals of Economics and Management


Paper – 1: Fundamentals of Economics and Management
Section A : Fundamentals of Economics (50%)
Section B : Fundamentals of Management (50%)
1. Basic concepts of Economics 20%
2. Forms of Market 20%
3. Money and Banking 10%
4. Management Process 50%
Section A: Fundamentals of Economics

CMA Foundation Syllabus 2016 (Paper 2): Fundamentals of Accounting


PAPER – 2: FUNDAMENTALS OF ACCOUNTING
Section A: Fundamentals of Financial Accounting (80%)
Section B: Fundamentals of Cost Accounting (20%)
1. Accounting Fundamentals 35%
2. Accounting for Special Transactions 20%
3. Preparation of Final Accounts 25%
4. Fundamentals of Cost Accounting 20%

Section A : Fundamentals of Financial Accounting [80 Marks]

CMA Foundation Syllabus 2016 (Paper 3): Fundamentals of Laws and Ethics


PAPER - 3: FUNDAMENTALS OF LAWS AND ETHICS
Section A : Fundamentals of Commercial Laws (70%)
Section B : Fundamentals of Ethics (30%)
1. Indian Contracts Act, 1872 40%
2. Sale of Goods Act, 1930 20%
3. Negotiable Instruments Act, 1881 10%
4. Ethics and Business 30%
Section A : Fundamentals of Commercial and Industrial Laws

CMA Foundation Syllabus 2016 (Paper 4): Fundamentals of Business Mathematics and Statistics


PAPER – 4 : FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS
Section A : Fundamentals of Business Mathematics
Section B : Fundamentals of Business Statistics
1. Arithmetic 20%
2. Algebra 20%
3. Statistical representation of Data 10%
4. Measures of Central Tendency and Dispersion 30%
5. Correlation and Regression 10%
6. Probability 10%
Section A : Fundamentals of Business Mathematics [40 Marks]

CMA Intermediate Syllabus 2016 (Paper 5): Financial Accounting


PAPER-5: FINANCIAL ACCOUNTING
Section A: Accounting – Basics 25%
Section B: Preparation of Financial Statements 40%
1. Fundamentals of Accounting
2. Accounting for Special Transactions
3. Preparation of Final Accounts of Profit Oriented organizations, Non-Profit Organizations and from Incomplete Records.
4. Partnership Accounts
Section C: Self Balancing Ledgers, Royalties, Hire Purchase & Installment System, Branch & Departmental Accounts (20%)
Section D: Accounting in Computerised Environment and Accounting Standards (15%)
5. Self-Balancing Ledgers
6. Royalties, Hire-Purchase and Installment System
7. Branch and Departmental Accounts
8. Overview of Computerised Accounting
9. Accounting Standards (Specified only)

Section A: Accounting – Basics

Author Details

Kumar Nirmal Prasad is the founder and CEO of Dynamic tutorials and Services. Dynamic Tutorials and Services is a Leading Coaching Centre of Tinsukia District. We provide complete coaching for Commerece and Arts stream from Class 12 to Master Degree level. Also we have statrted coaching for CMA, CA AND CS EXAMS.