CMA Foundation 2019 – Institute of Cost Accountants of India (ICMAI) conducted CMA Foundation Dec 2019 exam from December 10 to 13, 2019. The result for CMA Foundation Dec 2019 term exam can be checked online at icmai.in using identification number. ICMAI CMA Foundation is a pen paper bases examination conducted in offline mode. Students who have passed the 10+2 exam are eligible to appear in CMA Foundation. To know more about ICMAI CMA Foundation Dec 2019 scroll down the article.
Latest: CMA Foundation 2019 result for Dec term has been released. Check here.
CMA Foundation 2019
There are four papers conducted under CMA Foundation. It is conducted twice a year – June and December. Candidates aspiring to appear in CMA Foundation 2019, must stay updated by following the below given schedule.
|CMA Foundation 2019||Dec 2019|
|Last Date To Submit Applications||14 Oct 2019|
|Admit Card Release Date||28 Nov 2019|
|Date of Exam||10-13 Dec 2019|
|Rescheduled exam date for Jharkhand state only||07 Jan 2020|
|Result Declaration Date||21 Feb 2020|
CMA Foundation 2019 Result
The Institute of Cost Accountants of India has annoucned the results for the CMA Foundation 2019 exam at its website. The result can be checked online at the Student Login. Along with the result, CMA Foundation also publishes the Rank List and list of top 3 rank holders in the CMA Foundation exam.
CMA Foundation 2019 Fee Details
The candidates can check the complete fee details for CMA Foundation 2019 exam from the table below. Fee submitted at the time of admission is as follows.
|Admission type||Fees (Oral)||Fees (Postal)|
|Admission to Foundation Course||4000/-||4000/-|
CMA Foundation June and Dec 2020 Exam Schedule
Candidates can check the complete exam schedule for IMCA CMA Foundation 2020 June and December term from the table below.
|CMA Foundation 2020||June term||December term|
|Last date for admission||31 Jan 2020||31 Jul 2020|
|CMA Foundation 2020 exam date||11-18 Jun 2020||10-17 Dec 2020|
|Declaration of result||23 Aug 2020||21 Feb 2020|
|Last date of application for Verification of Results||22 Sep 2020||23 Mar 2020|
|Last date of application for Photocopy of Answer Scripts||13 Sep 2020||14 Mar 2020|
CMA Foundation 2019 Time Schedule
CMA Foundation 2019 timetable for the December session has been released on the official website by the official authorities. CMA Foundation 2019 is divided into 4 days schedule. Candidates can check the distribution of papers as given below in the table.
|Day and Date||Papers|
|10 Dec 2019, Tuesday||Fundamentals of Economics & Management|
|11 Dec 2019, Wednesday||Fundamentals of Economics & Management|
|12 Dec 2019, Thursday||Fundamental of Laws & Ethics|
|13 Dec 2019., Friday||Fundamentals of Business Mathematics & Statistics|
CMA Foundation 2019 Admit Card
The ICMAI has released CMA Foundation Admit Card 2019 at its official website only for successfully registered candidates. The Institute does not send the hard copy of the Admit Card to the candidates by post/ courier. To download CMA Foundation 2019 Admit Card, candidates need to log in by entering their 12 digit Registration Number.
The Admit Card consist of details like exam timing, the address of the test center, etc. CMA Foundation admit card is issued for only those candidates who submit their CMA Foundation Application Form before the last date with complete payment. Test takers will not allowed to sit in the examination hall without a valid admit card.
CMA Foundation 2019 Syllabus
Following is the syllabus for CMA Foundation 2019.for all the Four papers.
Paper 1: Fundamentals of Economics and Management (FEM)
|Section – A |
Fundamental of Economics
|Section – B |
Fundamental of Management
– Basic Concepts of Economics – Micro & Macro
– Forms of Market
– Money and Banking
– Management Process
Paper 2: Fundamental of Accounting (FOA)
|Section – A |
Fundamental of Financial Accounting
|Section – B |
Fundamental of Cost Accounting
– Accounting Basics
– Accounting for Special Transactions
– Preparation of Final Accounts
Fundamentals of Cost Accounting
Paper 3 : Fundamental of Laws and Ethics
|Section – A |
Fundamental of Commercial Laws
|Section – B |
Fundamental Of Ethics
– Indian Contracts Act, 1872
– Sale of Goods Act, 1930
– Negotiable Instruments Act, 1881
Ethics and Business
Paper 4 : Fundamental of Business Mathematics and Statistics (FBMS)
|Section – A |
Fundamental of Business Mathematics
|Section – B |
Fundamental of Business Statistics
– Statistical Representation of Data
– Measures of Central Tendency and Dispersion
– Correlation and Regression
- Click Here to check detailed information on CMA Foundation Syllabus
CMA Foundation Important Books
Following are some important books candidates can refer to for CMA Foundation preparations.
|Important Books||Available at|
|Scanner CMA Foundation|
|Paper 1||Buy here|
|Paper 2||Buy here|
|Paper 3||Buy here|
|Paper 4||Buy here|
|Cost Accounting and Management||Buy here|
CMA Foundation 2019 Exam Pattern
Following is the exam pattern for CMA Foundation 2019. Candidates are required to study the question paper pattern carefully.
- Mode of examination : Offline ( Pen paper based test)
- Duration : Three hours
- Number of Questions : 100 Descriptive type questions
- Papers : CMA Foundation is broadly divided into Four Papers. Distribution of the same is provided below.
Paper 1: Fundamentals of economics and management
|Section A: Fundamentals of Economics|
|Basic concepts of Economics||20%|
|Forms of Market||20%|
|Money and Banking||10%|
|Section B: Fundamentals of Management|
Paper 2: Fundamentals of accounting
|Section A: Fundamentals of Financial Accounting|
|Accounting for Special Transactions||20%|
|Preparation of Final Accounts||25%|
|Section B: Fundamentals of Cost Accounting|
|Fundamentals of Cost Accounting||20%|
Paper 3: Fundamentals of Laws and Ethics
|Section A: Fundamentals of Commercial Laws|
|Indian Contracts Act, 1872||40%|
|Sale of Goods Act, 1930||20%|
|Negotiable Instruments Act, 1881||10%|
|Section B: Fundamentals of Ethics|
|Ethics and Business||30%|
Paper 4: Fundamentals of Business Mathematics and Statistics
|Section A: Fundamentals of Business Mathematics|
|Section B: Fundamentals of Business Statistics|
|Statistical representation of Data||10%|
|Measures of Central Tendency and Dispersion||30%|
|Correlation and Regression||10%|
CMA Foundation 2019 Examination Centres
In the CMA Foundation Application Form, the candidates need to select the test centers from the drop-down menu. ICMAI is conducting the CMA Foundation June 2019 exam at 96 cities spread across India and at 02 Overseas centers. Following are the examination centres where CMA Foundation 2019 shall be conducted. Below given is the list of examination cities.
Overseas Centres at Bahrain, Dubai and Muscat.
CMA Foundation 2019 Eligibility Criteria
Eligibility plays a very crucial in applying for a examination. Only candidates who fulfills the below given eligibility criteria shall be permitted to appear in CMA Foundation 2019.
- A candidate should have passed Class 10 or equivalent from a recognized Board or Institution
- Passed the Senior Secondary School Examination under the 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed the National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.
- Any Candidate who has passed the Foundation examination conducted by the Institute of Company Secretaries of India will be exempted from Foundation Course & vice versa
- Any Candidate who has passed the Intermediate Examination (by whatever name called) conducted by the Institute of Chartered Accountants of India will be exempted from Foundation Course. Similarly, any candidate who has passed the Intermediate examination will be exempted from Common Proficiency Test (i.e. entry level examination, by whatever name called) conducted by the Institute of Chartered Accountants of India.
- Candidates who have passed the qualifying examination for direct admission to Intermediate Course are exempted from Foundation Course.
CMA Foundation 2019 Application Form
The Application Form for CMA Foundation 2019 exam is available online. The aspirants who have successfully registered for CMA Foundation June 2019 exam can fill the exam enrollment form. The students can either apply online at the official website of ICMAI. The application process is said to be completed only when the candidates pay the application fee.
Application Fee – The candidates have to pay the following amount of fee for submitting the CA Foundation 2019 Application Form.
|Exam Centres||Application Fe|
|For centres in India||Rs. 1200|
|For overseas centres||US $60|
Mode of Application Fee Payment : Application Fees can be paid through online mode (including Payfee Module of IDBI Bank).
The Institute of Cost Accountants of India (erstwhile The Institute of Cost and Works Accountants of India) was first established in 1944 as a registered company under the Companies Act with the objective of promoting, regulating and developing the profession of Cost Accountancy. The Institute of Cost Accountants of India is the only recognized statutory professional organisation and licensing body in India specialising exclusively in Cost and Management Accountancy.
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