Official ICAI · Paper 4 · 6 sessions

ICAI CA Intermediate (Group 2) — Cost & Management Accounting Past Papers & Suggested Answers

Every published exam session for Cost and Management Accounting, newest first — with direct links to ICAI's own Suggested Answer, Examiner Comments and Question Paper PDFs. Most recent: January 2026.

Paper 4 100 marks 3 hours 70% descriptive · 30 marks of case-scenario MCQs

Full CA Intermediate (Group 2) exam guide

Every Cost & Management Accounting exam session

6 of 6 have an official Suggested Answer

What Cost & Management Accounting covers

The 15 chapters ICAI examines in this paper under the New Scheme. Every past paper above is set from this syllabus.

1 Overview of Cost and Management Accounting
2 Material Cost
3 Employee Cost and Direct Expenses
4 Overheads — Absorption Costing Method
5 Activity Based Costing
6 Cost Sheet
7 Cost Accounting System
8 Unit and Batch Costing
9 Job Costing
10 Process and Operation Costing
11 Joint Products and By-Products
12 Service Costing
13 Standard Costing
14 Marginal Costing
15 Budgets and Budgetary Control

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