Cma us route to icwa a disadvantage


NITIN GUPTA (B.Com)     19 May 2014

NITIN GUPTA
B.Com 
 27 points

View Profile | My Other Post

Hi all, 

I am aspiring to prepare for US CMA exam. A bit confused in terms of the MOU with ICWA. In case I write exam in India, I will get only the membership but not the qualification certificate of ICWA..And if I visit some other country other than India just for the purpose of writing exam, I will get Qualification certificate and will be termed as qualififed ICWA just like regular ICWAI Students ?

Please correct if I am wrong.

 

Rgds

Nitin

Bablu Debnath (Manager Finance & Accounts)     12 August 2015

Bablu Debnath
Manager Finance & Accounts 
 22 points

View Profile | My Other Post

Hi,

We are expecting roll out of GST (if every thing goes well) from April,1,2016. As we know all the indirect taxes including excise, service tax and vat  etc barring few taxes shall subsumed in the GST . So will the current indirect tax paper in CA final will remain same or change from 2016. If there is any cue of this please let us know.

Thanks

Debnath

 

Greatest Buddy (Finance Professional)     02 May 2016

Greatest Buddy
Finance Professional 
 10 likes  154 points

View Profile | My Other Post

Originally posted by : ACMA-ICAI

Think the reverse side also. If any Indian Cost Accountants want to settle in USA then CMA is useful. because to get ajob at USA in Accounts or Costing field, one has to passed CPA or CMA(USA) or CISA. so, this side it is beneficial to hold US CMA degree.

I am not agree that practicing scope for Cost Accountants is limited. now a days, demand is more for Cost Accountants because Cost Audit and Compliance certificate compulsory.

CMA USA can not practice in India. we need more practicing Cost Accountants. at present only 3000 practicing Cost Accountants against 50000 companys for Cost Audit or Compliance certificate.

You hold the right perspective

avater

Hardesh Manhas   28 November 2018

Hardesh Manhas

 12 points

View Profile | My Other Post

But in some circumstances a US cMA is better..for eg mid aged guy with few yrs of exp and responsibilities CANNOT work for less under a cA or CMA ..also if some one is ALREADY masters in finance or mcom etc..this route is better...unless ICMAI changes their requirements they keep losing out...since expectations are impractical...many things one doesnt really require..usually 2 or 3 types of areas are used..NOT all..so its good to concentrate on core corporate role..a skill that US cMA provides

avater

Hardesh Manhas   28 November 2018

Hardesh Manhas

 12 points

View Profile | My Other Post

Reinventing the wheel makes no big sense..many people have covered these in their educational programs..yes for a new 12 pass it makes sense to do CA only...


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »





Download the latest Question Papers for free

click here