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UK qualified students are eligible for exemptions in the following papers of the CMA qualification (2012 syllabus) offered by The Institute of Cost Accountants of India: [58] Foundation: Complete exemption. Intermediate: Paper 5- Financial Accounting Paper 6- Laws, Ethics & Governance Paper 8- Cost Accounting and Financial Management
Association of Chartered Certified Accountants (ACCA). (Exempt ACCA F1 to F9 papers for CMA passed finalist students & members who set the CMA relevant papers) [12] [25] [26] CPA Australia. [27] Chartered Institute of Management Accountants – CIMA (UK). Institute of Financial Accountants – IFA(UK). AIMA India. [28] CMA Canada now CPA Canada.
The ICMAB qualification is recognised by many professional bodies nationally and internationally. The bodies that have granted exemption to ICMAB members or qualified students are: Chartered Institute of Management Accountants (CIMA), UK [9] Association of Chartered Certified Accountants (ACCA), UK; Institute of Management Accountants (IMA), US
The Association of Chartered Certified Accountants (ACCA) has granted "exemption accreditation" to the college, which means that graduates are exempted from certain examination papers offering banking courses. (The BS degree in business administration meets the requirements for admission to the Associate Charter.)
Association of Chartered Certified Accountants (ACCA) grants exemptions in five papers (F2, F3, F4, F5 &F7) to PIPFA affiliate and members. [ 1 ] Chartered Institute of Public Finance and Accountancy ( CIPFA ) grants Direct route to CIPFA membership for members of the Pakistan Institute of Public Finance Accountants(PIPFA).
ACCA has provided recognition of exams passed at the Faculty of Economics and automatic exemption from six ACCA exams (F1-F4 and F9) for all students who complete their bachelor academic studies in the module Accounting and Business Finance starting in 2021.
AAT members can claim a range of exemptions from ACCA, ICAEW, ICAS, CIPFA and CIMA examinations and vice versa. Many AAT students go on to study for Chartered status with one of the Chartered bodies with approximately 30% of Chartered body membership comprising those who began their studies with AAT.
The institute is a member of the Consultative Committee of Accountancy Bodies (CCAB), formed in 1974 by the major accountancy professional bodies in the UK and Ireland. The fragmented nature of the accountancy profession in the UK is in part due to the absence of any legal requirement for an accountant to be a member of one of the many Institutes, as the term accountant does not have legal ...