If I have cleared both the papers of CMA before my graduation, what are the exemptions I will get for ACCA before and after graduation?
Asked by Evin Mathew Manoj
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1 Answer
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There is a MOU Between ICMAI and ACCA, UK to co-operate on professional training, education and examination. You are exempted from the following ACCA test papers if you are an CMA member:
F1 - Accountant in business
F2- Management in accounting
F3-Financial accounting
F4-Corporate and business law
F5-Performance management
F6-Audit and assurances
F7-Financial management
This means you are not required to give whole fundamental level. You may move to the professional level and pass the remaining 5 at that level to become ACCCA Certified. Coming you need to be a member of CMA
you have not clearly mentioned which exam you have passed. A general in...more
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