Build –Up Your Career Become a CMA (U.S.A)
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Professional Courses in India For Accounting Professionals
In India, after the establishment Institute of Chartered Accountants of India (ICAI) in the year 1949 through the Chartered Accountants Act, provided a professional opportunities to auditors who were registered with ICAI. Associate members of the ICAI are authorized to add the prefix ‘CA’ to their names. Members upon completion of five years of full-time practice have special identity who can add ‘FCA’ as a prefix to their names. Subsequent decade saw the establishment of ICAI Institute of Cost Accountants of India (ICAI) previously known as the Institute of Cost & Works Accountants of India (ICWAI) in the year 1959 which is a premier statutory professional accountancy body in India with the objects of promoting, regulating and developing the profession of Cost Accountancy.
ICAI or ICMA is solely responsible for setting the auditing and assurance standards for statutory Cost Audit to be followed in the Audit of Cost statements in India. It works closely with the industries, various departments of State and Central Government and other Regulating Authorities like the Reserve Bank of India (Insurance Regulatory and Development Authority (IRDA), Securities and Exchange Board of India (SEBI) etc. on several aspects of performance, cost optimization and reporting. In the late Eighties in 1984 precisely The Indian CFA (Institute Of Chartered Financial Analysts in India)) is a Charter awarded to candidates completing the Master’s in Investment and Financial Analysis at the university the program is focused on financial analysis as applicable to investment management.
CMA the comprehensive Program offering certified professional global Opportunities
CMA is an American Certification awarded by the Institute of Management Accountants (IMA) U.S. IMA has Mutual recognition agreement with ICWA (Now ICMA) of India for 100% Exam Exemptions & with CGA Canada advanced entry level for CGA program.
For students who want to make a career in finance and emerging areas in financial market related trends completing these professional courses like (CA & ICWA) and making a career is often a difficult task owing to the lack of exposure to markets especially global markets. To address these gaps and designing your career Let’s Learn Global has a comprehensive program for commerce and Business management and other stream of graduates for a firm footing in the industry. CMA (Certified Management Accounting) is a boon as CMA professionals can carve a niche for themselves in 12-36 months. As the exams can be taken online from any part of the world and thrice a year. CMA exposes the professional avenues in Financial Reporting Planning and performance control in the areas like Cost Management, Internal controls, Budgeting and Forecasting. CMA empowers the professionals to expand their horizons well guided by Facilitators who would engage in Interactive lectures, Case studies from Real time Markets, Excellent course ware and mock Test to shape your careers in Corporate Finance, Risk management, Generating Finance Statement and Analysis, Investment Decisions in key positions of Global corporations which offer Handsome pay packets to CMA professionals.
Prospects for CMA Certified Professionals
Lets Learn Global is a specialized Online Training company which has its offices in Dubai and India which offers online training in globally recognized programs like CMA which can make one proficient in Management Accounting. This certification ideally suited for students pursuing Commerce and Business Management at graduation level provides a solid footing in global companies which will open wide range of career opportunities in areas like Financial Statement Analysis, Budget Cost Control, Risk Management, Product Pricing, Forecasting raising capital, prevention of frauds and Investment appraisal. Mr. M. Sreenivas Reddy CEO of Lets Learn Global whose company successfully groomed the careers of many students shares that “Today CMA’s hold key positions in Global companies like AT&T, Bank Of America, Hewlett Packard, Boeing, Procter & Gamble and Verizon to name a few”. Earn the coveted CMA Certification and join the elite network of more than 40,000 certified professionals worldwide.
Who can do CMA?
Anyone who has completed a Bachelor’s degree from an accredited college or university or pursuing his/her degree is eligible to sit for the CMA Exam.
What is the course structure?
The new CMA exam consists of two parts.
Part I : FINANCIAL Reporting, Planning, Performance and Control, which consist of core subjects like External Financial Reporting Decisions – 15% (Level C), Planning, Budgeting, and Forecasting – 30% (Level C), Performance Management – 20% (Level C), Cost Management – 20% (Level C), Internal Controls – 15% (Level C)
Part II: Financial Decision Making consists of subjects of specialized in Financial Statement Analysis – 25% (Level C), Corporate Finance – 20% (Level C), Decision Analysis – 20% (Level C), Risk Management – 10% (Level C), Investment Decisions – 15% (Level C) Professional Ethics – 10% (Level C)
What is the CMA exam format?
Part I : To become a Certified (CMA) Professional Candidates have to clear both the parts for which the online examination is for about 4 hrs which has 100 Multiple Choice Questions and two 30 minute Essay Questions. Minimum qualifying marks for each group would be 72%
What are the CMA certification online exam dates during a year?
Exams are offered in January and February, May and June, September and October. CMA exams are administered through the worldwide network of Prometric Testing Centers. To locate a Testing Center and to schedule exam appointments, and program fee details visit www.prometric.com/icma .
Our Online programs Include: CPA (U.S.A), CFE (Certified Fraud Examiner), Financial Modeling and Smart Accounting.
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