| Subjects Offered in CWA | Subjects Offered in CMA of The Institute of Certified Management Accountant, USA |
| Foundation | Financial Planning, Performance |
| Organization &ManagementFundamentals | and Control |
| Accounting | · Planning, budgeting, and forecasting |
| Economics and Business Fundametals | · Performance measurement |
| Business Mathematics, Statistics | · Cost management |
| Intermediate | · Internal controls |
| Financial Accounting | · Professional ethics |
| Commercial and Industrial Laws and Auditing | |
| Applied Direct Taxes | |
| Cost &ManagementAccounting | Financial Decision Making |
| OperationManagement and Information Systems | · Financial statement analysis |
| Applied Indirect Taxes | · Corporate finance |
| Final | · Decision analysis and risk management |
| Capital Market Analysis & Corporate Laws | · Investment decisions |
| ManagementAccounting -StrategicManagement | · Professional ethics |
| Indirect & Direct - Tax Management | |
| Management Accounting –Enterprize PerformanceManagement | |
| Advanced Financial Accounting & Reporting | |
| Cost Audit & Operational Audit | |
| Business ValuationManagement |
From the above as well,
CMA USA is very far behind our CWA, who dares to compare the same with so called Indian CA courses or any other management courses. But one things is very clear , the love and affection towards word " Management" our CWA has shown , is definately incredible. I can say ICWA should directly give membership to CMA US.Can CMA US will be eager to take membership CWA? Quality should be the first brand than quantity.
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