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Best CMA coaching in Bangalore and Hyderabad

The Institute of Cost Accountants of India or also known as the Institute of Cost and Works Accountants of India was primarily established in the year 1944 as the registered company under the Companies Act along with the core objects of endorsing, regulating and structuring the profession of Cost Accountancy.

It was on 28th May of the year 1959 that the Institute was established by the special act of the Parliament, which is famously recognized as Cost and Works Accountants Act, 1959 as the constitutional professional body for regulation of the post of cost and management accountancy.

The Institute of Cost Accountants of India is by far the only recognized constitutional professional organization as well as the licensing body in India which specializes in the field of Cost and Management Accountancy.

A Cost Accountant is an individual who gives his services to perform certain services that involves the pricing or costing of both good and services or the verification, the preparation or the certification of cost accounting and associated statements.

The head office is located in 12, Sudder Street, Kolkata 700 016 and functions via four regional council that are in Chennai, Kolkata, Mumbai and Delhi and also via a number of essential chapters that are located elsewhere in India as well as abroad.

There are three levels in CMA and those are:

  • Foundation
  • Intermediate
  • Final

The foundation course

The foundation level helps in evaluating the learning goal of the students in the sphere of knowledge of the course, i.e. what the students are expected to know and in terms of comprehension, i.e. what the students are expected to comprehend.

Eligibility

  • The aspirant must have cleared 10th grade or equivalent level from a recognized institution or board.
  • He or she should have also cleared the 12th grade or equivalent course from a recognized institute or board.
  • Provisional registration: The students who appeared for or enrolled in the senior secondary examination will also be eligible to apply for registration. It is within the six months from the registration date that the pass certificate can be submitted for final confirmation.

Deadlines for registration:

For examination in June: 31st January.
For examination in December: 31st July.
The registration fee is INR 4,000.

The subjects will be:

  • Fundamentals of Economics and Maagement.
  • Fundamentals of Accounting.
  • Fundamentals of Business Mathematics and Statistics.
  • Fundamentals of Laws and Ethics.

Pass percentage: 40% in every subject and 50% in aggregate.

The intermediate course

The intermediate course will be evaluated in the terms of knowledge of the subject, i.e. what the pupils are expected to know; comprehension, i.e. what the pupils are expected to comprehend; application, i.e. how a pupil is able to apply the gained knowledge and analysis, i.e. how a pupil is expected to analyze the detail of the knowledge he or she has gained.

Eligibility

  • Graduates from all the streams except from the fine arts or CMA Foundation Passed Students or CS Foundation Passed Students or CA-IPCC Passed Students.
  • Provisional registration: The pupils who appeared for or were enrolled in the last year or semester are eligible to apply for registration. It is within the six months from the registration date that the pass certificate can be submitted for final confirmation.

Deadline for registration

For examination in June: 31st January.
For examination in December: 31st July.
The registration fee is INR 20,000.
The pass percentage: 40% in every subject and 50% aggregate.

The final

The final level pupils will be evaluated in the terms of knowledge of the subject, i.e. what the pupil is expected to be aware of; comprehension, i.e. what a pupil is expected to comprehend; application, i.e. how a pupil is able to apply the learnt knowledge; analysis, i.e. how a pupil is expected to evaluate the detail of the learned things; synthesis, i.e. how a pupil is expected to put into use the gathered information to reach an optimum outcome by the procedure of reasoning and evaluation, i.e. how a pupil is expected to utilize the information to analyze, form decisions or make recommendations.

CMA INTER Passed Students can easily enroll for the Final Program of CMA.

Deadlines for registration

For examination in June: 31st January.
For examination in December: 31st July.
The registration fee is INR 17,000.
The pass percentage: 40% in every subject and 50% aggregate.

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