CMA colleges in Guntur

Sri Medha Educational Institution, the top leading commerce institute in South India imparting quality education from Jr. Inter to CA & CMA Final under one roof with the motto of Igniting Intelligence & Delivering excellence. cma colleges in guntur

Over the time we have seen that people tend to confuse between various terms like CMA, ICMAI, CWA, and ICWAI. So, to end your all confusion, Institute of Cost & Works Accountants of India (ICWAI) has changed its name into The Institute of Cost Management Accountants of India (ICMAI). Also, ICWA course has been renamed as CMA course. There is no difference between ICWAI and CMA, and they are the same. They are two different words used to describe one single thing. ICWAI stands for Institute of Cost and Work Accountant of India whereas CMA stands for Cost Management Accounting. Apart from the literal meaning, there is no difference at all.

These days, CMA course is gaining popularity among commerce students, who want to pursue a career in the area of Cost and Management accounting. Students are curious about the CMA course subjects, CMA course syllabus, CMA course exam dates and CMA course career prospects.So, in this this we are providing all the important details for CMA course.

Qualification and syllabus

This is the primary qualification of the ICMAI following completion of up to three levels 

(Foundation, Intermediate, and Final)

 Examinations and three years of practical training in areas like management accounting, cost accounting, financial accounting, taxation, cost audits, GST audits, internal audit, corporate laws, etc. and enables an individual to become a CMA (cost & management accountant).

The new syllabus has been introduced in August 2016 following the International Education Guidelines (IEG) of IFAC to get the advantages in the process of Mutual Recognition Agreement (MRA) among different member countries of the world under GATS in WTO.

Subjects for examinations include management accounting, financial accounting, strategic management, taxation, corporate law, financial management, business valuation, financial reporting and cost & management audit etc.

Students who have passed the degree examination of any recognized university or equivalent are eligible for admission directly to the Intermediate level.

Paper-wise exemptions on the basis of reciprocal arrangement are available to students who have passed Institute of Company Secretaries of India Final Examinations.

Examinations are held twice a year in June and December in various examination centers in India and overseas centers. The results are declared in August and February for the June term and December term exams respectively.

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