What is the difference between CMA and CFA? Which one is better in terms of scope? Which one can I do along with B.Com?
Asked by janani ramesh
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1 Answer
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Hi,
Every commerce guy has this dilemma regarding CA, CMA, CFA, CPA, FCA and ACCA. All these are different but accounts is the heart and backbone of these courses. To answer your question, CMA is cost and management accounting and it depends on the overall factory and production cost plus overheads of the particular company. CFA is a greater version of CA. CFA is an international certification likewise CA is an Indian version CFA. CFA has three levels. Of course, CFA has a good scope as you can get larger opportunities to work abroad in big 4 firms which are PWC, Delliote EandY and lastly KPMG.
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