If you want to become a CMA, you should check out the details of CMA course and find out more about its requirements. The CMA examination consists of 100 multiple-choice questions and two 30-minute essays. It takes about three hours to complete, and you cannot go back once you finish answering multiple-choice questions. You must answer half the questions correctly to proceed to the essay section. The essay section consists of 10-12 written responses or calculation questions and two scenarios.
ACAI
If you are interested in pursuing a career as a Cost and Management Accountant (CMA), then you may wonder what the CMA course is all about. The course consists of three stages: the foundation level, intermediate level, and final level. The first stage is a foundation course that teaches the fundamentals of cost management methods. During this phase, you will also learn about where you stand in the financial industry. The whole course will take around eight months to complete.
The exam for CMA is divided into two parts and covers a substantial amount of material. Unlike the CPA exam, which is taken in a single sitting, the CMA exam is computer-based. The exam is offered six months out of the year. This flexibility enables students to study for their exams at times that suit them best.
IMA
After completing the Foundation level of the CMA course, a candidate will progress to the Intermediate stage. At this level, students will study financial accounting in greater detail. They will also be exposed to topics like cost accounting and indirect taxation. The final level is the most challenging part of the CMA course. It gives the candidate a comprehensive view of the administration of many financial entities. The CMA course takes between six and eight months to complete.
The CMA examination is conducted twice a year – in December and June. Applicants should register for the June Term Examination four months in advance. Likewise, students can register for the December Term Examination before the 31st of July.
ICMA
The CMA course is the final examination of candidates who have completed their first two courses. This exam is conducted by ICAI and assesses the student’s learning across all three courses. To find out more about the exam and how to register, visit the ICMA website. Then, select the “Examination” tab and the exam for which you have registered. The CMA course is available through the direct entry and foundation courses. The registration deadline is four months before the proposed level.
The CMA course involves eight papers, each consisting of a different section. The most challenging section is the CMA Final, which consists of several papers about various laws, auditing, cost management, and reporting. In addition to the written exams, students will also undergo practical training in various accounting and business fields.
ICMA Australia
If you are a university graduate or a professional with an established qualification, you can complete a graduate management accountancy course with ICMA Australia. This program focuses on developing advanced analytical, synthesis, and evaluation skills and in-depth professional development knowledge. Those who complete the course will receive a personalized certificate to display in your office.
ICMA Australia is a member of the International Centre for Management Accounting, which is a global organization. It has a large membership base and an essential alliance with the AICPA. The flexible certification program allows for different entry levels based on experience and education.
ICWAI
The ICWA course consists of three stages. The first level is the foundation course. The second level focuses on in-depth financial accounting. This level covers various financial topics and is considered more challenging than the foundation level. The final level focuses on strategic financial management and taxation.
The ICWAI exam is held at designated examination centers across the country. Candidates have three hours to complete the exam. There are 95 exam centers within India and three centers outside the country. The exam center allotted to a candidate depends on the number of seats available at the center.
You can apply for the CMA course online or offline. To apply, you must complete the application form. You must pay an application fee. Then, you must submit the required documents. The examination will be held in December and June each year.
