Opening a New Way of CA, CMA, CS Education

CMA (Cost Management Accountant)

The Institute of Cost Accountants of India (ICAI) is a statutory body set up under an act of Parliament in the year 1959. CMA is a person who offers to perform services involving the costing,pricing of goods and services or carries out the preparation,verification or certification of cost accounting and related statements. CMA assists in planning,monitoring and controlling the cost and price of a product or a service.


Stage : I Foundation Course

Eligibility : +2 passed


Paper 1Fundamentals of Economics and Management
Paper 2Fundamentals of Accounting
Paper 3Fundamentals of law and Ethics
Paper 4Fundamentals of business mathematics and statistics


Stage : II Intermediate Course

Eligibility : Foundation passed / Any degree


Group I


Paper 5Financial Accounting (FAC)
Paper 6Law & Ethics
Paper 7Direct Taxation
Paper 8Cost Accounting

Group II


Paper 9Operation management & Strategic Management
Paper 10Cost & Management Accountancy and Financial Management
Paper 11Indirect taxation
Paper 12Company accounts & Audit


Stage : III Final Course

Eligibility : Intermediate passed


Group III


Paper 13Corporate laws & Compliance
Paper 14Strategic Financial Management
Paper 15Strategic Cost Management - Decision Making
Paper 16Direct Tax Laws and International Taxation

Group IV


Paper 17Corporate Financial Reporting
Paper 18Indirect Tax Laws & Practice
Paper 19Cost & Management Audit
Paper 20Strategic Performance Management and Business Valuation
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