About ICAI - CMA Profession

The Institute of Cost Accountants of India (ICAI) is a premier professional body of Management Accountants in the country established on 28th May 1959 encacted by the parliament to regulate Cost & Management Accountancy in India. The Institute as a part of its obligation to regulate the profession of Cost Accountancy course, provide facilities to students, organizes professional development programmes for the members and undertakes research programmes in the field of Cost& Management Accountancy.

About ICAI - CMA Profession

With the globalisation of all economic activities. the industries both in manufacturing and service sector have recognised the potential of Cost & Management Accounting profession in giving support in effective resource management and making the operations more cost effective for facing the challenges of management.

Cost & Mangement Accountants provide services in investment planning. profit planning, project management and overall managerial decision making process. Many members of the Institute are holding top management positions viz, Chairman, CEO/CFO, Managing Director, Finance Director, Finance Controller, Chief Accountant, Cost Controller, Marketing Manager, Chief Internal Auditor etc. Central Government has constituted an all India cadre known as Indian Cost Accounting Service (ICAS) at par with Class- I services for framing fiscal and tax policies.

The specialised knowledge and skill of the professional members of the Institute are being given due recognition for different Audit or Certification work under different statutes like maintenance of Cost Accounting Records Rules under section 209(1) (d) of the Companies Act, 1956, Cost Audit under section 233B of the same Act and Valuation Audit, CENVAT Audit/Service Tax Audit under section 14 A, And 14AA of the Central Excise Act, 1944, and Audit under VAT of different states.

SYLLABUS -2016 PAPERS & CONTENTS

FOUNDATION COURSE:

Paper -1 Fundamentals of Economics and Management - 100 Mark
Paper -2 Fundamentals of Accounting - 100 Mark
Paper -3 Fundamentals of Laws and Ethics - 100 Mark
Paper -4 Fundamentals of Business Mathematics & Statistics - 100 Mark

Registration Fees 4000


INTERMEDIATE COURSE:

Group - I

Paper - 5 Financial Accounting - 100 Mark
Paper - 6 Laws & Ethics - 100 Mark
Paper - 7 Direct Taxation - 100 Mark
Paper - 8 Cost Accounting - 100 Mark

Group - I

Paper - 9 Operations Mgt. & Strategic Mgt.- 100 Mark
Paper - 10 Cost & Mgt. Accounting and Financial Mgt.- 100 Mark
Paper - 11 Indirect Taxation- 100 Mark
Paper - 12 Company Accounts & Audit- 100 Mark

Registration Fees 20,000


FINAL COURSE:

Group - III

Paper - 13 Corporate Laws & Compliance- 100 Mark
Paper - 14 Strategic Financial Management- 100 Mark
Paper - 15 Strategic Cost Mgt.- Decision Making- 100 Mark
Paper - 16 Direct Tax Laws and International Taxation- 100 Mark

Group - IV

Paper - 17 Corporate Financial Reporting- 100 Mark
Paper - 18 Indirect Tax Laws & Practice- 100 Mark
Paper - 19 Cost & Management Audit- 100 Mark
Paper - 20 Strategic Performance Mgt. and Business Valuation- 100 Mark


Registration Fees 17,000


FREE OF COST BENEFITS

Institute Study Materials
100 Hours free Computerised Financial Accounting Class
3 days communication & Soft Skill Training
7 Days Industry Orientation Training
6 months Internship
Course & Exam Registration Processing
Simplified Lecture Notes
6 months Internship
Course & Exam Registration Processing
Simplified Lecture Notes