CA Intermediate Cost & Management Accounting Study Material

The CA Intermediate Cost and Management Accounting, Paper 4 of the CA course, is a major subject that equips students with the skills to determine the actual cost of products or services.


To do better in CA Intermediate Cost and Management Accounting, it's important to thoroughly adjust yourself to the latest syllabus. This will help you stay informed about any new updates, revisions, or changes in accounting standards. Specifically for students enrolled in the new course, the CA Intermediate Cost and Management Accounting syllabus is available on the official website of ICAI and our studycaller website. Review the revised syllabus to ensure you're well-prepared for the exam.

 

Chapter-wise weightage of CA Intermediate Paper 3

To strategically prepare for CA Inter Paper 3, it's important to understand the mark distribution across each chapter of Cost and Management Accounting. Here's a breakdown of the mark allocation to help you focus your studies effectively:

Chapters Topics Weightage
Chapter 1 Introduction to Cost and Management Accounting 10%-15%
Chapter 2 Material Cost 35% to 40%
Chapter 3 Employee Cost and Direct Expenses 35% to 40%
Chapter 4 Overheads: Absorption Costing Method 35% to 40%
Chapter 5 Activity-Based Costing 35% to 40%
Chapter 6 Cost Sheet 35% to 40%
Chapter 7 Cost Accounting System 35% to 40%
Chapter 8 Unit & Batch Costing 25% to 30%
Chapter 9 Job Costing and Contract Costing 25% to 30%
Chapter 10 Process & Operation Costing 25% to 30%
Chapter 11 Joint Products & By-Products 25% to 30%
Chapter 12 Service Costing 25% to 30%
Chapter 13 Standard Costing 20% to 25%
Chapter 14 Marginal Costing 20% to 25%
Chapter 15 Budget and Budgetary Control 20% to 25%

CA Intermediate Cost and Management Accounting Study Material

For CA students, the study materials provided by the Institute of Chartered Accountants of India (ICAI) are the ultimate resource for exam success. These materials are exhaustive and self-sufficient, eliminating the need for additional textbooks. 

Although the terminology may be challenging, expert faculty like Stuydcaller will guide you through complex concepts and help you build your expertise. Utilize the best study materials for CA Inter Costing paper available here, to master the syllabus and achieve exam excellence.

Marking Scheme of CA Inter Cost and Management Accounting 

The CA Intermediate Costing paper is a practical examination that assesses your ability to apply cost accounting principles to real-world scenarios. The course is divided into four fundamental sections, providing a structured approach to your studies. To help you prepare effectively, here is the Cost and Management Accounting CA Intermediate marking scheme. 

  • Question Paper Structure: The question paper will comprise 6 questions, with a total of 100 marks.
  • Compulsory and Optional Questions: Question 1 is mandatory, while you can choose any 3 questions from the remaining 5.
  • Exam Duration: The exam will last for 3 hours, so it's essential to manage your time effectively.
  • Submission: Ensure you submit your answer sheet to the invigilator on time.
  • Language: Write your answers in the language you opted for while filling out the CA Inter exam form.

Cost and Management Accounting Exam Pattern

The CA Intermediate Cost and Management Accounting paper is a theory-based examination that assesses students' knowledge and understanding of the subject. Here are the key details to note:

  • Exam Structure: The paper consists of 5 questions, with 1 compulsory question for all candidates.
  • Language Options: Students can choose to write the exam in either English or Hindi, as selected during the application form-filling process.
Particulars Details
Paper Type Theory-based
Total Marks 100
Time Limit 3 hours
Number of Questions 5
Compulsory Questions 1
Language Options English and Hindi

How to prepare for CA Inter Cost and Management Accounting 

To excel in CA Inter Cost and Management Accounting, follow this structured approach:

  1. Understand the syllabus: Adjust yourself to the exam pattern, marking scheme, and syllabus.
  2. Create a Study Plan: Develop a realistic study schedule, allocating time for each topic and practice.
  3. Study ICAI Materials: Utilize ICAI study materials, including textbooks, practice manuals, and revision test papers.
  4. Practice Problems and Case Studies: Regularly practice problems, case studies, and past exam questions to reinforce your understanding.
  5. Join a Coaching Class or Online Course: Consider enrolling in a coaching class or online course for additional guidance and support.
  6. Revise and Review: Regularly revise and review the material, focusing on weak areas and practicing mock tests.
  7. Stay Updated: Stay informed about any changes in the syllabus, exam pattern, or accounting standards.


Frequently Asked Questions


What is the best study material for CA Intermediate Cost & Management Accounting?

The Institute of Chartered Accountants of India (ICAI) study materials are considered the best resources for CA Intermediate Cost & Management Accounting. These materials are comprehensive and cover the entire syllabus. Additionally, you can also refer to other renowned authors and publications.

How do I prepare for CA Intermediate Cost & Management Accounting?

To prepare for CA Intermediate Cost & Management Accounting, start by understanding the syllabus and exam pattern. Create a study plan and allocate time for each topic. Practice problems and case studies regularly and revise the material thoroughly before the exam.

What are the key topics covered in CA Intermediate Cost & Management Accounting?

The key topics covered in CA Intermediate Cost & Management Accounting include cost accounting, management accounting, financial management, and taxation. These topics are further divided into various sub-topics, which are covered in the ICAI study materials.

How many questions are there in the CA Intermediate Cost & Management Accounting exam?

The CA Intermediate Cost & Management Accounting exam consists of 5 questions, with 1 compulsory question for all candidates. The remaining 4 questions are optional, and students can choose to answer any 3 of them.

What is the duration of the CA Intermediate Cost & Management Accounting exam?

The CA Intermediate Cost & Management Accounting exam is of 3 hours duration. Students need to manage their time effectively to answer all the questions within the given time frame.

Can I write the CA Intermediate Cost & Management Accounting exam in Hindi?

Yes, students can choose to write the CA Intermediate Cost & Management Accounting exam in Hindi. The option to choose the language is available during the application form-filling process.

What are the passing marks for CA Intermediate Cost & Management Accounting?

The passing marks for CA Intermediate Cost & Management Accounting are 40% in each paper and an aggregate of 50% in all papers.

How do I get the study materials for CA Intermediate Cost & Management Accounting?

The study materials for CA Intermediate Cost & Management Accounting can be obtained from the ICAI website or from the nearest ICAI branch.

Are there any online resources available for CA Intermediate Cost & Management Accounting?

Yes, there are several online resources available for CA Intermediate Cost & Management Accounting, including video lectures, online coaching classes, and study groups. Students can also join online forums and discussion groups to clarify their doubts and stay updated with the latest developments.

How can I stay updated with the latest developments in CA Intermediate Cost & Management Accounting?

To stay updated with the latest developments in CA Intermediate Cost & Management Accounting, students can visit the ICAI website regularly, follow reputable accounting blogs and websites, and participate in online forums and discussion groups.