CMA CPA Group

Tuesday 20 March 2018

CPA is a globally recognized financial course offered by AICPA (The American Institute of Public Accountants ) USA.

A CPA is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals

Wednesday 31 January 2018

Certified Public Accountant(CPA)

CPA is a globally recognized financial course offered by AICPA (The American Institute of Public Accountants ) USA.

A CPA is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals

All CPAs are accountants, but not all accountants are CPAs.

How to become CPA?

3 E’s are required for licensure:

· Education

· Exam or Uniform CPA Examination

· Experience

State Boards of Accountancy determine the laws and rules for each state/jurisdiction

Education

· Requirements vary by state/jurisdiction (see state requirements)

· Most states now require 120-150 semester hours

· Number of accounting hours (in the 150 total) is dependent on state requirements

Uniform CPA Examination

Computer-based format

Consists of 4 sections

· Auditing and Attestation (AUD)

· Business Environment and Concepts (BEC)

· Financial Accounting and Reporting (FAR)

· Regulation (REG)

· Same test no matter where it is taken

· Passing score is 75 on a 0-99 scale

· Question types include multiple choice, simulation and written communication

· Eligibility to sit for exam depends on state

· Examination Center

· Prometric centers in UAE, Kuwait, Bahrain, Lebanon, Japan & Brazil subject to conditions.

Exam Format

Subjects	Exam Details
Subjects	TIME	M	T	WCT
Paper 1 : Auditing & Attestation	4	36×2	8
Paper 2 : Financial Accounting & Reporting	4	33×2	8
Paper 3 : Regulation (Law & Tax)	4	38×2	8
Paper 4 : Business Environment & Concepts	4	31×2	2	3

· MCQ – Multiple Choice Questions 2 Test lets

· TBS – Task Based Simulations

· WCT – Written Communication Task

Experience

· A candidate is an applicant for a CPA license

· Many states require the candidate to have 1 – 2 years’ experience under a CPA

· Additional requirements vary by the candidate’s

· Education – e.g., Graduate degree vs. 150 hours of undergraduate

· Employer(s) – e.g., Public accounting firm vs. industry

· Type of work – e.g., Tax professional vs. auditor

Address:

HEADQUARTER ADDRESS

201 , SM Plaza, Next to Radhika Movieplex,

Dr. A.S.Rao Nagar

Hyderabad , India

+9140-27142211

+91 800 8000 311

letslearn@live.com

BRANCH OFFICE

Office 402, BankStreet Building

(Ubl Building), Bank Street,

BurDubai, Dubai,United Arab Emirates.

00 97 150 3940 459

Certified Management Accountant(CMA)-U.S.A

CMA is an American Certification awarded by the Institute of
Management Accountants (IMA) U.S. IMA has Mutual recognition agreement with ICWA(Now ICMA) of India for 100% Exam Exemptions & with CGA Canada advanced entry level for CGA program.

Who can do CMA?

Anyone who has completed a Bachelor’s degree from an accredited college or university or pursuing his/her degree is eligible to sit for the CMA Exam.

What is the course structure?

The new CMA exam consists of two parts:
Part I External Financial Reporting,Planning, Performance and Control
Part II Financial Decision Making

CMA Course Outline:

CMA Part I : External Financial Reporting, Planning, Performance, and Control

· External Financial Reporting Decisions – 15% (Level C)

· Planning, Budgeting, and Forecasting – 30% (Level C)

· Performance Management – 20% (Level C)

· Cost Management – 20% (Level C)

· Internal Controls – 15% (Level C)

CMA Part II : Financial Decision Making

· Financial Statement Analysis – 25% (Level C)

· Corporate Finance – 20% (Level C)

· Decision Analysis – 20% (Level C)

· Risk Management – 10% (Level C)

· Investment Decisions – 15% (Level C)

· Professional Ethics – 10% (Level C)

CMA Exam Format
Subject	MCQs	Essays	Exam Duration : 4 Hours
CMA Part 1	100	2	· Each essay question will have 6 -7 questions · Time saved in MCQ exam can be used for Essay Questions · Pass rate scale 72%
CMA Part 2	100	2
MCQ Multiple Choice Questions \| MCQ Exam – 3 Hours \| 2 Essays – 1 Hour

What are the CMA exam dates?

Exams are offered in January and February, May and June, September and October.

Where CMA exams are administered?

Exams are administered through the worldwide network of Prometric Testing Centers. To locate a Testing Center and to schedule exam appointments, visit www.prometric.com/icma .

Fee

CMA Certification Fee
	Membership	Registration	Engrance	Entrance	Exam	Total
Professional	$230	$15	$250	$250	$830	$1,325
Young Professional	$155	$15	$250	$250	$830	$1,250
Student	$39	$15	$188	$188	$622	$864
Academic	$120	$15	$188	$188	$622	$945
Annual Membership Fee \| Entrance Fee is ONE Time Payment \| Exam Fee * 2 parts