Taxmann’s Fundamentals of Financial & Cost Accounting (FFCA) Cracker for CMA Foundation Paper 2 Dec. 2025/June 2026 Exam

Description

This book caters specifically to the requirements of the Foundation Level Cost & Management Accountancy Examination, offering a thorough collection of past exam questions with detailed answers, all aligned with the latest ICMAI syllabus.

The Present Publication is the 3rd Edition for the CMA Foundation | Dec. 2025/June 2026 Exams. This book is authored by CA. Tarun Agarwal, with the following noteworthy features:

[Aligned with the Latest ICMAI Syllabus] Complete adherence to the current curriculum
[Comprehensive Content]
Fully Solved Past Examination Questions till June 2025
Tabular summaries at the start of each chapter
1100+ MCQs
Practice questions at the end of every chapter for in-depth preparation.
Descriptive past exam questions transformed into MCQs, reflecting the latest exam pattern
[Detailed & Structured Answers] Designed to enhance conceptual clarity and support exam-focused study
[Point-wise Presentation] Facilitates quick recall and efficient revision
[Marks Distribution Analysis] Provides module-wise marks analysis from June 2023 onwards
[Comparison with ICMAI’s Study Material] is provided module-wise
The contents of this book are as follows:

Accounting Fundamentals
Understanding of Four Frameworks of Accounting and Forms of Organisation
Accounting Principles, Concepts and Conventions
Capital and Revenue Transactions
Accounting Cycle
Journal and Ledger
Cashbook and Bank Reconciliation Statement
Trial Balance
Adjustment Entries and Rectification of Errors
Depreciation
Accounting Treatment of Bad Debts and Provision for Doubtful Debts
Accounting for Special Transactions
Consignment
Joint Venture
Bills of Exchange
Preparation of Final Accounts
Preparation of Financial Statements of Sole Proprietorship
Preparation of Financial Statements of a Not-for-profit Organisation
Fundamentals of Cost Accounting
Meaning, Definition, Significance of Cost Accounting, its Relationship with Financial Accounting
Application of Cost Accounting for Business Decisions
Definition of Cost, Cost Centre, Cost Unit and Cost Drivers
Classification of Costs
Ascertainment of Cost and Preparation of Statement of Cost and Profit (Cost Sheet)