ICMAB CMA Knowledge Level study guide
ICMAB CMA Knowledge Level · Work through your exam, one topic at a time.
The ICMAB CMA Knowledge Level is the entry stage of the Cost and Management Accountancy qualification awarded by the Institute of Cost and Management Accountants of Bangladesh. It is designed for candidates beginning a professional accounting career - school and college leavers, undergraduates, and early-career finance staff - who need a structured foundation before advancing to higher levels. The ICMAB CMA Knowledge Level study guide has 8 sections and about 2,235 words.
01Business Communication
Every message has a sender, a channel, a receiver and feedback. Effective communicators first define the purpose (inform, persuade, request, record) and then profile the audience: what the reader already knows, what decision the reader must make, and what tone is appropriate.
309 words, about 2 min02Principles of Accounting
Assets = Liabilities + Equity. Every transaction affects at least two accounts and the equation stays balanced.
289 words, about 1 min03Principles of Finance
A sum today is worth more than the same sum later because it can earn a return. Future value: FV = PV(1+r)^n.
300 words, about 2 min04Principles of Management and Marketing
Management is commonly described as planning, organising, leading and controlling. Planning sets objectives; organising allocates resources and authority; leading motivates and directs; controlling monitors and corrects.
268 words, about 1 min05Business Mathematics and Statistics
Percentage change = (new − old) / old × 100. Simple interest = P × r × t; compound interest uses (1+r)^n.
261 words, about 1 min06Microeconomics and Macroeconomics
Demand slopes downward; supply slopes upward. Equilibrium is where they meet.
263 words, about 1 min07Information Technology and Business Applications
A business information system collects, processes, stores and distributes data to support decisions. Transaction processing systems handle routine records; management information systems summarise; decision support systems model alternatives; executive systems present high-level indicators.
265 words, about 1 min08Commercial and Industrial Law
A valid contract requires offer, acceptance, consideration, intention to create legal relations and capacity. Acceptance must be communicated and match the offer; a counter-offer destroys the original.
280 words, about 1 min