ICAI’s Board of Studies publishes the official CA Intermediate Cost and Management Accounting Study Material as free PDFs, split across two modules and fifteen chapters covering costing methods, cost control, and cost accounting systems. This page has the section-wise marks weightage plus direct download links to every chapter, for both ICAI editions currently live.
CA Intermediate Cost and Management Accounting: Syllabus and Marks Weightage
This weightage applies to both editions of the Study Material linked below, since the topic list is identical in each.
| Contents | Section | Weightage |
|---|---|---|
| Overview of Cost and Management Accounting: Introduction to Cost and Management Accounting, Elements of Cost and preparation of Cost Sheets | I | 10%-15% |
| Ascertainment of Cost and Cost Accounting System: Material Cost, Employee Cost, Direct Expenses, Overheads, Activity Based Costing, Integration of cost and financial data | II | 35%-40% |
| Methods of Costing: Single Output/Unit Costing, Job Costing, Batch Costing, Process/Operation Costing, Costing of Service Sectors | III | 20%-25% |
| Cost Control and Analysis: Standard Costing, Marginal Costing, Budget and Budgetary Control | IV | 25%-30% |
Objective, per ICAI: to develop an understanding of cost accounting statements and to acquire the ability to apply costing methods and techniques for cost ascertainment, planning, control, and short-term decision making.
Download ICAI Study Material for Cost and Management Accounting
ICAI currently has two editions of this Study Material live on its portal at the same time. Both cover the same two modules and fifteen chapters, so pick whichever edition matches the physical or PDF copy you already have, rather than mixing chapters from both.
Edition 1: Applicable for May 2026 Exam Onwards
This edition applies to the May 2026, September 2026, and January 2027 attempts.
Module 1
Chapter 1: Introduction to Cost and Management Accounting
Chapter 2: Material Cost
Chapter 3: Employee Cost and Direct Expenses
Chapter 4: Overheads: Absorption Costing Method
Chapter 5: Activity Based Costing
Chapter 6: Cost Sheet
Chapter 7: Cost Accounting Systems
Module 2
Chapter 8: Unit and Batch Costing
Chapter 9: Job Costing
Chapter 10: Process and Operation Costing
Chapter 11: Joint Products and By Products
Chapter 12: Service Costing
Chapter 13: Standard Costing
Chapter 14: Marginal Costing
Chapter 15: Budgets and Budgetary Control
Edition 2: Relevant for May 2027 and Onwards Examination
This edition applies to the May 2027 attempt and every attempt after it, until ICAI issues a further update.
Module 1
Chapter 1: Introduction to Cost and Management Accounting
Chapter 2: Material Cost
Chapter 3: Employee Cost and Direct Expenses
Chapter 4: Overheads: Absorption Costing Method
Chapter 5: Activity Based Costing
Chapter 6: Cost Sheet
Chapter 7: Cost Accounting Systems
Module 2
Chapter 8: Unit and Batch Costing
Chapter 9: Job Costing
Chapter 10: Process and Operation Costing
Chapter 11: Joint Products and By Products
Chapter 12: Service Costing
Chapter 13: Standard Costing
Chapter 14: Marginal Costing
Chapter 15: Budgets and Budgetary Control
Why Two Editions Exist and Which One You Need
ICAI keeps the current edition live for students appearing up to a certain attempt, while already publishing the next print run for later attempts, so both sit on the portal together for a while. We checked chapter by chapter and, like Advanced Accounting, the two editions here are structurally identical: the same two modules, the same fifteen chapters, and the same chapter titles. Only the underlying file references differ. The weightage table at the top of this page applies to both editions without adjustment.
If your physical book or PDF says “Applicable for May 2026 Exam Onwards” on the cover, use Edition 1. If it says “Relevant for May 2027 and Onwards Examination,” use Edition 2.
Using This Alongside Your Revision
Once you have worked through a chapter from the Study Material, test yourself with our CA Inter RTP for revision questions, and our CA Inter MTP for full timed mock exams on the same syllabus.
If you are planning your revision schedule around this syllabus, our guide on how to revise the CA syllabus in 15 days breaks the process down step by step.
Frequently Asked Questions
What is the marks weightage for CA Intermediate Cost and Management Accounting?
Overview of Cost and Management Accounting carries 10-15%, Ascertainment of Cost and Cost Accounting System carries 35-40%, Methods of Costing carries 20-25%, and Cost Control and Analysis carries 25-30%, as detailed in the table above.
Is the CA Intermediate Cost and Management Accounting syllabus changing for May 2027?
No. The chapters and weightage are identical between editions. Only the underlying file IDs differ between the two print runs.
Where do I download the official ICAI Study Material for Cost and Management Accounting?
Every chapter PDF on this page is hosted directly on caharshgupta.com, downloaded from ICAI’s official BoS Knowledge Portal so the links stay stable and won’t break if ICAI reorganises its own site.
Should I use the RTP or the Study Material first?
Study Material first. It teaches the concepts in full. RTP and MTP come after, once you already understand a topic, to practice applying it under exam conditions.
Source: ICAI BoS Knowledge Portal, Study Material (New Scheme), Intermediate and Section-wise Weightages.
