Taxmann Cracker CMA Foundation Fundamentals of Business Mathematics & Statistics By Tarun Agarwal Applicable for June / December 2025 Exam

Cracker CMA Found Fundamentals of Financial & Cost Accounting

Cracker CMA Found Fundamentals of Business Mathematics

Description

This book caters specifically to the requirements of the Foundation Level Cost & Management Accountancy Examination, offering a thorough collection of past exam questions with detailed answers, all aligned with the latest ICMAI syllabus.

The Present Publication is the 2^nd Edition for the CMA Foundation | June/Dec. 2025 Exams. This book is authored by CA. Tarun Agarwal, with the following noteworthy features:

• [Aligned with the Latest ICMAI Syllabus] Complete adherence to the current curriculum
• [Comprehensive Content]
• Fully Solved Past Examination Questions till Dec. 2024
• Tabular summaries at the start of each chapter
• 950+ MCQs
• Practice questions at the end of every chapter for in-depth preparation.
• Descriptive past exam questions transformed into MCQs, reflecting the latest exam pattern
• [Detailed & Structured Answers] Designed to enhance conceptual clarity and support exam-focused study
• [Point-wise Presentation] Facilitates quick recall and efficient revision
• [Marks Distribution Analysis] Provides module-wise marks analysis from December 2022 onwards
• [Comparison with ICMAI’s Study Material] is provided module-wise

The contents of this book are as follows:

• Arithmetic
  • Ratios, Variations and Proportions
  • Time Value of Money and Annuity – Simple and Compound Interest
  • Arithmetic Progression and Geometric Progression
  • Time and Distance
• Algebra
  • Set Theory, Venn Diagram
  • Indices and Logarithms
  • Permutations and Combinations
  • Quadratic Equation
• Calculus – Application in Business
  • Concept of Calculus and its Application in Business
  • Revenue and Cost Function
  • Optimization Techniques
• Statistical Representation of Data
  • Introduction
  • Diagrammatic Representation of Data
  • Frequency Distribution
  • Graphical Representation of Frequency Distribution – Histogram, Frequency Polygon Curve, Ogive, Pie-chart
• Measures of Central Tendency and Dispersion
  • Mean, Median, Mode, Mean Deviation
  • Range, Quartiles and Quartile Deviation
  • Standard Deviation
  • Co-efficient of Variation
  • Karl Pearson and Bowley’s Co-efficient of Skewness
• Correlation and Regression
  • Scatter Diagram
  • Karl Pearson’s Co-efficient of Correlation
  • Regression Analysis
• Probability
  • Concept and Terminologies
  • Primary Application of Probability Theorems
• Index Numbers and Time Series
  • Use of Index Numbers, Methods of Construction of Index Number
  • Components of Time Series and Calculation of Trend by Moving Average Method

About the author

Tarun Agarwal

CA Tarun Ramgopal Agarwal is a distinguished All-India Rank Holder at all levels of the Chartered Accountancy exams, earning a Gold Medal in Financial Reporting in the CA Final. In 2010, he was honoured as the best CA student in Gujarat by the Chartered Accountants Association Ahmedabad for securing the 1st Position in the CA Final in the state. He holds multiple qualifications, including B.Com., CS, LL.B, CFA (Level 2), and FRM.

As a leading educationalist in Surat, CA, Tarun has mentored over 25 All-India Rank Holders in CMA studies. He founded Simply Shiksha Coaching Institute in Surat in 2013, dedicated exclusively to CMA students. With ten years of teaching experience in accounts, direct taxation, costing, and financial management, he has guided most of the recent CMA qualifiers in Surat.

CA Tarun is also an accomplished author, having written several books for CMA Intermediate with Taxmann Publications, including:

• CRACKER for Financial Accounting
• CRACKER for Cost Accounting
• CRACKER for Financial Management & Business Data Analytics
• CRACKER for Management Accounting

Additionally, he has co-authored “Cracker on Corporate Accounting and Auditing