Commercial's CMA Knowledge Series on Management Accounting (Group 2 – Paper 12)
 

Commercial's CMA Knowledge Series on Management Accounting – 3rd Edition 2024 is a meticulously crafted guide designed exclusively for students preparing for CMA Intermediate Group II – Paper 12. This edition aligns with the latest syllabus prescribed by The Institute of Cost Accountants of India (ICMAI) and is tailored to develop core competencies in management accounting, financial decision-making, and performance evaluation.

This book provides comprehensive coverage of key management accounting principles, including budgeting, standard costing, marginal costing, cost-volume-profit analysis, variance analysis, and decision-making tools. With a perfect balance between theory and practical problem-solving, this book equips students with both conceptual clarity and analytical skills needed to perform well in the examination and in real-world business scenarios.

Key Features:

• Syllabus-Oriented Structure: Covers all topics as per the updated ICMAI CMA Intermediate Group 2 – Paper 12 syllabus, ensuring complete and accurate preparation.

• Comprehensive Coverage: Includes core areas like:

  • Budgeting and Budgetary Control

  • Standard Costing and Variance Analysis

  • Marginal Costing and Break-even Analysis

  • Decision-Making Techniques

  • Cost Management and Control Systems

  • Performance Measurement Tools

  • Transfer Pricing and Responsibility Accounting

• Theory Plus Application: Each chapter offers concise theory followed by numerical examples, illustrations, and practice exercises to build a strong foundation in both understanding and application.

• MCQs and Practice Problems: Includes multiple-choice questions, objective-type queries, and descriptive questions at the end of each chapter to enhance retention and exam readiness.

• Step-by-Step Solutions: Complex problems are solved in a step-by-step manner, making it easier for students to grasp the logic behind the calculations and analyses.

• Updated and Relevant: Reflects the latest industry practices and examination trends, with a special focus on decision-support tools used in contemporary management accounting.

Why This Book is Essential:

• ✅ Perfect for CMA Inter Aspirants: Specially developed for students appearing for Group 2 – Paper 12 of the CMA Intermediate examination.

• ✅ Exam-Centric Approach: Designed to help students maximize scores by focusing on key topics, common question patterns, and effective problem-solving strategies.

• ✅ Logical and Conceptual Learning: Encourages analytical thinking and practical application through real-world business examples and logical reasoning.

• ✅ Student-Friendly Language and Layout: Simple explanations, neatly formatted content, and helpful illustrations support easy understanding.

• ✅ Reliable Study Companion: Trusted by thousands of CMA students, this book has been updated over editions to reflect the most relevant content and student feedback.

Commercial's CMA Knowledge Series on Management Accounting – 3rd Edition 2024 is a highly recommended resource for CMA students seeking a clear, concise, and effective preparation tool. Whether you’re aiming to ace the exam or build long-term analytical skills for your professional journey, this book delivers both with precision and practicality.