Do ACCA and CMA India have similar subjects?
Asked by Sachin James
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1 Answer
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Hi Sachin,
No, both the fields are different, and so the subjects are different as well. CMA is about cost accounting/management accounting. A CMA qualified professional can be a part of the internal reporting team of a company. A CMA has to find out ways to make the company more profitable. ACCA is more about Financial Reporting, Auditing and Taxation, etc. An ACCA will be responsible for external reporting of a company which may involve producing Balance Sheets, Income Statements, and Cash Flows etc. If you look at the salary that you can expect after qualifying, then you will find that both CMA and ACCA have similar and equivalent pr...more
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