Commercial's CMA Knowledge Series on Cost and Management Audit – CMA Final (Group 4 – Paper 17)
 

Commercial's CMA Knowledge Series on Cost and Management Audit is a focused and comprehensive guide designed specifically for CMA Final students (Group 4 – Paper 17). It delivers complete coverage of the latest ICMAI syllabus and exam requirements, making it an essential resource for aspirants seeking conceptual clarity and audit proficiency in the domain of cost and management accounting.

This edition blends academic depth with real-world relevance, offering a well-structured approach to understanding regulatory frameworks, cost audit standards, and management audit procedures. Authored by professionals with practical and academic expertise, the book equips students with the tools to conduct audits effectively and align with statutory compliances and industry expectations.

🔍 Key Features:

• ✅ Full Syllabus Coverage:

  • Covers all modules under the CMA Final Paper 17 syllabus including Cost Audit, Management Audit, Internal Control and Risk Management, Corporate Governance, and Reporting.

  • Updated as per the latest notifications, rules, and audit standards issued by regulatory authorities.

• 🏛️ Practical & Regulatory Approach:

  • Discusses key cost audit reports, annexures, audit documentation, CARO guidelines, and statutory forms.

  • In-depth treatment of Companies (Cost Records and Audit) Rules, 2014 and their practical application.

• 📑 Structured Chapter Layout:

  • Chapters are organized systematically with learning objectives, theoretical concepts, regulatory provisions, and illustrations.

  • Real-life industry-based examples and FAQs for better retention.

• 🧩 Case Studies & Practical Questions:

  • Provides end-of-chapter review questions, case studies, and previous years' exam problems for robust practice.

  • MCQs and summary tables for quick revision and self-assessment.

• 🧠 Focus on Audit Techniques:

  • Detailed discussion on audit planning, risk assessment, control evaluation, and management reporting.

  • Insights into ethical considerations and the role of auditors in strategic business oversight.

👥 Recommended For:

• CMA Final students preparing for Group 4 – Paper 17 (Cost and Management Audit)

• Professionals involved in audit, compliance, and internal control functions

• Academicians and trainers in cost and management accounting domains

Commercial’s CMA Knowledge Series on Cost and Management Audit is more than just a textbook—it’s a professional toolkit that strengthens the learner’s audit acumen and readiness for real-world assignments. With updated laws, practical tools, and strategic insights, this book is the ideal companion for success in both examinations and career advancement in the field of cost and management auditing.