Cost & Management Accounting (CMA India)

CMA Course Consisting of three stages

In order to promote, oversee, and advance the cost accounting profession, the then-British Government of India established the Institute of Cost Accountants of India (also known as the Institute of Cost and Works Accountants of India) in 1944. The institute is a controlled organisation governed by the Companies Act. Only one established professional organisation and licencing authority in India, the Institute of Cost Accountants of India, is completely focused on cost and management accounting. A special statute passed by our parliament in 1959 by our government of India gave the autonomous statutory authority.

Foundation
Intermediate
Final

CMA Course

Stages of CA:

CMA Foundation CMA Inter CMA Final
Eligibility 10+2 or Intermediate or equivalent certificate CMA Foundation or Graduate or PG or Qualified CA inter or CS Foundation CMA Intermediate and complete practical training
Tenure 8 months 9 months 1 year
No of subjects 4 8 8
Passing criteria Get minimum 40% in every subject and 50% in aggregate of all papers
Exams held in June & December June & December June & December
Exam pattern Objective type Subjective Subjective
Registration process Online Online Online
Name of subjects 1.      Fundamentals of Business laws & Business communications

2.      Fundamentals of financial & cost Accounting

3.      Fundamentals of Business mathematics & Statistics

4.      Fundamentals of business Economics & Management

 Group I:

5.      Business Laws & Ethics

6.      Financial Accounting

7.      Direct & Indirect Taxation

8.      Cost Accounting

Group II:

9.      Operational Management & Strategic management

10.  Corporate Accounting & Auditing

11.  Financial management & Business data analytics

12.  Management Accounting

 Group III:

13.  Corporate & Economic Laws

14.  Strategic financial management

15.  Direct taxation & International taxation

16.  Strategic cost Management

Group IV

17.  Cost & Management Audit

18.  Corporate financial reporting

19.  Indirect tax laws & Practice

Elective:

20A. SPMBV

20B. Risk management in banking & Insurance

20C. Entrepreneurship & start-up

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