CS Professional CMADD study plan
CS Professional CMADD · Give each week a clear focus.
8 weeks · About 7 hours per week
Corporate and Management Accounting
Map the Corporate and Management Accounting syllabus into a weighted topic checklist and rank every chapter by expected mark yield
Solve 25 cost-sheet and cost-reconciliation problems under timed conditions without referring to the solution
Build a one-page formula sheet covering material, labour and overhead variances from first principles
Re-derive the treatment of abnormal loss, scrap and equivalent units in process costing from a blank page
Your checkpoint
A dated topic checklist with self-scored accuracy per chapter and a one-page variance formula sheet
Corporate and Management Accounting
Prepare full cost statements and job/contract cost sheets for at least 8 numerical cases
Compute and interpret marginal costing decisions: make-or-buy, accept-or-reject, key-factor ranking
Reconcile profit under absorption and marginal costing and explain each reconciling item in writing
Complete 20 marks of theory-style questions on cost control and cost reduction
Your checkpoint
A portfolio of 10 solved numerical problems with written working notes and error log
Corporate and Management Accounting & Direct Tax Laws and Practice
Work through company final accounts: depreciation, dividend, transfer to reserves, and managerial remuneration limits
Solve 15 ratio-analysis and fund-flow/cash-flow problems and tabulate standard formulae
Start Direct Tax revision with residential status and scope of total income, solving 10 caselets
Draft a comparison note on book profit versus total income for MAT purposes
Your checkpoint
A single reference sheet linking financial-statement adjustments to their tax and reporting treatments, plus 15 solved ratio problems
Direct Tax Laws and Practice
Compute income under all five heads for 10 composite caselets, including house property and capital gains
Apply deductions under Chapter VI-A and set-off/carry-forward rules to at least 6 scenarios
Calculate MAT/AMT liability and MAT credit entitlement with supporting workings
Solve 12 TDS/TCS rate-identification questions across common payment categories
Your checkpoint
A timed 3-hour mock covering heads of income and deductions, scored and analysed by error type
Direct Tax Laws and Practice
Prepare computation of total income and tax liability for corporate and non-corporate assessees from scratch
Apply transfer-pricing basics: ALP methods, comparability, and documentation thresholds to 5 caselets
Work through assessment, reassessment, appeal and penalty provisions using 10 short scenarios
Draft a tax-planning note for a specified fact pattern citing the governing provision for each recommendation
Your checkpoint
Two complete tax computations with supporting schedules and a one-page tax-planning memo
Corporate Financial Reporting
Apply Ind AS recognition and measurement to revenue, leases, and property, plant and equipment in 10 worked examples
Prepare consolidation workings for a two-tier group: goodwill, NCI, and unrealised profit elimination
Distinguish accounting treatment and disclosure requirements for at least 6 reporting scenarios
Analyse a published annual report and identify five disclosure items traceable to specific standards
Your checkpoint
A consolidation working file with full elimination entries plus a written standard-by-standard comparison table
Indirect Tax Laws and Practice
Determine GST place of supply, time of supply and value of supply across 12 transaction fact patterns
Compute input tax credit eligibility and reversal, including blocked credits, for 10 scenarios
Work through customs valuation and import duty computation for 8 cases
List and apply the key procedural timelines for registration, returns and refunds
Your checkpoint
A GST and customs computation workbook of 30 solved cases with a procedural timeline chart
Strategic Cost Management & Corporate and Management Accounting & Direct Tax Laws and Practice
Apply activity-based costing and target costing to 6 decision problems and compare outcomes with traditional costing
Revise weak chapters flagged in earlier error logs and re-solve every previously wrong question
Sit two full-length timed mocks under exam conditions and record section-wise time allocation
Compress all five domains into a 10-page final revision digest
Your checkpoint
Two scored full-length mocks with a written gap analysis and a 10-page final revision digest
Milestones
Week 2: Corporate and Management Accounting numerical accuracy at or above 70% on self-scored problem sets, with the error log showing no repeated mistake type
Week 4: Direct Tax mock score at or above 50% with every incorrect answer traced to a specific provision or computation step
Week 6: Consolidation and Ind AS workings independently reproducible from a blank sheet, and at least 80% of studied topics marked as revised
Week 8: Both full-length mocks completed within time, overall score trending upward, and the revision digest covering every domain with no unresolved flagged item