CMA Knowledge Series on Financial Accounting CMA Group 1 Paper 6

This edition of CMA Knowledge Series on Financial Accounting, updated in line with the New Syllabus 2022 prescribed by The Institute of Cost Accountants of India (ICMAI), serves as a comprehensive and reliable reference for students preparing for the CMA Intermediate (Group 1 – Paper 06) examination, applicable for December 2025 and June 2026 attempts.

The book presents the subject matter in a structured, examination-oriented format—covering theory, concepts, and practical problems exactly as prescribed—making it ideal for both self-study and classroom use. It offers clear explanations, illustrative examples, and ample practice questions to ensure conceptual mastery and exam readiness.

Contents include:
• Accounting Standards – Overview and Application for CMA Inter
• Final Accounts of Companies as per Schedule III of the Companies Act, 2013
• Partnership Accounts – Dissolution, Amalgamation, Conversion, and Sale to a Company
• Branch and Departmental Accounts
• Accounting for Special Transactions – Bills of Exchange, Consignments, and Joint Ventures
• Hire Purchase and Instalment Systems
• Accounting for Non-Profit Organisations
• Incomplete Records and Single Entry System
• Fundamentals of Accounting for Service Sector and Banking Companies