Cost & Management Accountancy (CMA) – Final
Students who passed both the groups of CMA Intermediate, can join the Final course, which is the last stage for qualifying as a Cost & Management Accountant (CMA).
After compulsory 15 months of CMA Practical Training, students are eligible to write the Final Exam.
Important Requirements Of this Course
EXTRA NOTES ON STUDENT FORMALITIES AT ICAI:
For CMA – Final level
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Student Registration
1. Apply online / Physically for Student Registration – https://eicmai.in/studentonlineregsystem/Home.aspx
2. Get Student Registration Number (SRO….) and inform Egytim Academy
3. Obtain Student Material Books
Advanced ITT & OC
4. Register & Attend compulsory Industry Oriented Training Programme (IOTP) – 7 Days
CMA Practical Training
6. Complete minimum 15 months of CMA Practical Training – to be eligible for Final Exam.
Examination
9. Before 1 – 2 months of eligible exam in June or December, Apply Online for Examination Admit Card.
10. Obtain Admit Card 2 – 3 weeks before the Exam and inform the Roll No. to Egytim Academy
11. Attend the Exam.
Entry Options
Subjects
The Final level consist of 2 groups and each group has 4 papers.
Group 1
Paper-1: Corp. Laws | Paper-2: Strat. Fin. Mgmt. | Paper-3: Strat. Cost Mgmt. | Paper-4: Direct Tax & Intl. Tax |
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Corporate Laws & Compliance - 100 marks | Strategic Financial Management (SFM) - 100 marks | Strategic Cost Management - Decision making - 100 marks | Direct Tax Laws and International Taxation - 100 marks |
MCQ Included | MCQ Included | MCQ Included | MCQ Included |
Group 2
Paper-5: Corp. Fin. Rep. | Paper-6: Indirect Tax | Paper-7: Cost & Mgmt. Audit | Paper-8: Strat. Perf. Bus. Val. |
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Corporate Financial Reporting | Indirect Tax Laws and Practice | Cost and Management Audit | Strategic Performance Management and Business Valuation |
MCQ Included | MCQ Included | MCQ Included | MCQ Included |
EXAMINATION RELATED POINTS
- All papers are subjective cum objective exam papers.
- You can attend exams for each group separately or both groups together. Better is to attend both groups together, because topics of one group are helpful in subjects of another group and also you stand a chance to obtain rank!
PASSING CRITERIA:
For any level,
a student is declared as pass, only if you satisfy two conditions i.e.
Condition-1. Score 40% and above in every paper.
Condition-2. Score 50% and above in aggregate.
For Intermediate & Final level, If you score 60% and above in any paper, you get exemption in that paper for next 3 attempts.
EXAMINATION DATES:
- Exams for CMA, are conducted yearly twice – June and December. Whichever month you are eligible, you can register for it and write that exam.
- In case you miss any attempt of the exam, you can register and attend the next upcoming exam i.e. June or December.