Laws & Ethics
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 1: Accounting Fundamentals
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 2: Bills of Exchange, Consignment and Joint Venture
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 3: Final Accounts, Not-for-Profit Organisations and Incomplete Records
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 4: Partnership Accounts
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 5: Lease Accounting
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 6: Branch and Departmental Accounts
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 7: Insurance Claims for Loss of Stock and Profit
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 8: Hire Purchase and Instalment Sale
Financial Accounting
CMA Intermediate Financial Accounting - Chapter 9: Accounting Standards: AS 1, 10, 11, 12, 16 and 22
Direct & Indirect Taxation
CMA Intermediate Direct & Indirect Taxation - Chapter 1: Basics of Income Tax
Direct & Indirect Taxation
CMA Intermediate Direct & Indirect Taxation - Chapter 2: Heads of Income
Direct & Indirect Taxation
CMA Intermediate Direct & Indirect Taxation - Chapter 3: Total Income and Tax Liability of Individuals and HUF
Direct & Indirect Taxation
CMA Intermediate Direct & Indirect Taxation - Chapter 4: Concept of Indirect Taxes
Direct & Indirect Taxation
CMA Intermediate Direct & Indirect Taxation - Chapter 5: Goods and Services Tax Laws
Direct & Indirect Taxation
CMA Intermediate Direct & Indirect Taxation - Chapter 6: Customs Act: Duties, Valuation and Computation
Cost Accounting
CMA Intermediate Cost Accounting - Chapter 1: Introduction to Cost Accounting
Cost Accounting
CMA Intermediate Cost Accounting - Chapter 2: Cost Ascertainment: Materials, Employee Costs, Direct Expenses and Overheads
Cost Accounting
CMA Intermediate Cost Accounting - Chapter 3: Cost Accounting Standards: CAS 1 to CAS 24
Cost Accounting
CMA Intermediate Cost Accounting - Chapter 4: Cost Book Keeping and Reconciliation
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CMA Intermediate has 8 papers across 2 groups. Group 1 covers Business Laws & Ethics, Financial Accounting, Direct & Indirect Taxation, and Cost Accounting. Group 2 covers Operations & Strategic Management, Corporate Accounting & Auditing, Financial Management & Business Data Analytics, and Management Accounting.
Free CMA Intermediate Mock Tests - ICMAI Pattern Practice
CMA Intermediate Mock Tests on ClearLevel are free, ICMAI-pattern practice tests built specifically for CMA Intermediate students. Free CMA Intermediate mock tests across both groups - Business Laws, Financial Accounting, Taxation, Cost Accounting, Operations & Strategic Management and more. Every question, time limit, and marking scheme mirrors the real CMA exam set by ICMAI, so the first time you feel genuine exam pressure isn't on exam day itself.
CMA Intermediate covers Laws & Ethics, Financial Accounting, Direct & Indirect Taxation, Cost Accounting, Operations & Strategic Management, Corporate Accounting & Auditing, Financial Management & Analytics, and Management Accounting. ClearLevel runs a dedicated mock test series for every one of these papers - from quick, chapter-wise checks to full-length papers timed to the exact ICMAI exam duration - so you can drill a single weak topic or simulate the complete Intermediate paper end to end.
CMA exams are known for strict negative marking and tight time limits - two things students consistently underestimate until they sit their first real paper. Repeated practice with exam-pattern mock tests is what closes that gap: you learn how many minutes you can safely spend per question, when to skip a tough question and return to it later, and how to protect your score from negative marking instead of losing it.
Mock tests are the single most effective way to prepare for the Intermediate exam - far more effective than passive reading or watching recorded lectures alone. Attempting timed, ICMAI-pattern papers again and again trains you to manage pressure, spot easy marks quickly, and pace yourself across sections, skills that only develop through repeated practice under real exam conditions.
The moment you submit a test, ClearLevel's AI engine grades every answer and returns a complete performance report - section-wise accuracy, time spent per question, a breakdown of careless versus conceptual mistakes, and your percentile rank against every other CMA student who attempted the same paper. Instead of guessing what to revise next, you get a ranked list of topics by exam weightage.
Most Intermediate mock tests on ClearLevel are completely free, with no account or credit card required to start. Every test is reviewed and updated within 30 days of any ICMAI syllabus change, so whichever attempt you are targeting, the questions you practise reflect the current paper pattern, not an outdated one.
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Create a free account and every attempt is saved automatically, so you can track score improvement over time, retake any test as many times as you like, and see exactly where you stand on ClearLevel's live national leaderboard against other CMA aspirants preparing for the same exam.