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The Institute of Cost Accountants of India (formerly known as The Institute of Cost and Works Accountants of India) was established in 1944 as a registered company under the Companies Act. On May 28, 1959, the Institute gained statutory recognition through a special act of Parliament—the Cost and Works Accountants Act, 1959.
Institute of Cost Accountants of India Abbreviation ICMAI Formation 28 May 1959 ; 65 years ago (1959-05-28) Legal status Active Headquarters CMA Bhawan, 12 Sudder Street, Kolkata – 700016 India Kolkata, India Coordinates 22°33′29″N 88°21′13″E / 22.558103°N 88.353672°E / 22.558103; 88.353672 Region India Members 98,500 President CMA Ashwinkumar G. Dalwadi Vice ...
Candidates are given 3 hours to complete the multiple choice section and one hour to complete the essays. Candidates must show their work for the essay questions in order to receive credit. Parts 1 and 2 of the CMA exam are scored on a scale of 0–500 with a candidate's raw score converted to a uniform scaled score against all exam candidates.
The Intermediate Exam consists of two groups- Group 1 and Group 2. Both the groups consist of 3 papers each. Each subject exam is of 100 marks. [7] GROUP 1. Paper 1: Advanced Accounting Paper 2: Corporate and Other Laws Part 1: Company Law and Limited Liability Partnership Law (70 marks) Part 2: Other Laws (30 marks) Paper 3: Taxation
The list of companies listed on the Toronto Stock Exchange is divided by initial: Companies listed on the Toronto Stock Exchange (0-9) ...
From 2020, part 1 will include Technology and analytics component into its syllabus. This is to ensure CMA students are well versed with latest technological advancement which affects their future or current jobs. The worldwide pass rate for the exam is 35% for Part I and 49% for Part II in 2014. [13]
CMA candidates (without advanced professional standing) must have obtained a university degree and have credits in a specified list of subjects, before they can write the CMA Entrance Examination. [20] Upon passing this stage, they then enter the Strategic Leadership Programme ("SLP"), [21] which has the following components: [22] Development Phase
Accounting graduates can do CMA accredited units at these universities to qualify for CMA status. The ICMA also has a number of Recognised Provider Institutions (RPIs) [21] that run the CMA program in Australia and overseas. The CMA program is also available online [22] in regions where the face-to-face delivery of the program is not possible.