FIRST TIME USER OFFER – Get your first 3 demo class for FREE! Grab the offer now
Where a signature reflects a commitment to continuous improvement, innovation, and excellence in management accounting practices.
Teacher
Courses
Review
Active Student
The US-CMA (Certified Management Accountant) certification course offered by United States It is administered by the Institute of Management Accountants (IMA),This course is globally recognized and designed for professionals specializing in Management Accounting and Financial Management. It signifies expertise in areas such as Financial Planning, Analysis, Control, Decision Support, and Professional Ethics.
US CMA certification opens doors to various career opportunities in Management Accounting, Financial Planning and Analysis, Corporate Finance, Strategic Management, and more. CMAs are employed in diverse industries such as Manufacturing, Technology, Healthcare, Financial Services, and Consulting.
The US CMA certification is Recognized Globally, enabling CMAs to pursue international career opportunities and work in Multinational Organizations.
CMAs contribute to global financial management practices, applying US GAAP and International Accounting Standards in diverse business environments.
Join thousands of people in learning and create a successful career for yourself.
Teacher
Shilpi's Academy has exceeded my expectations. The online classes are top-notch, offering in-depth explanations and live Q&A sessions that enhance my understanding. The offline classes complement this with practical workshops that bring concepts to life. The Shilpi's Academy App is a lifesaver—it's like having a tutor in my pocket, guiding me through every subject. I'm grateful for the support and guidance I've received at Shilpi's Academy.
I joined Shilpi's Academy, and it was the best decision. The faculty is very knowledgeable and always ready to help. The online classes are very convenient, and the Shilpi's Academy App made learning so much easier. I could study at my own pace and revisit the lessons whenever I needed. I highly recommend Shilpi's Academy to anyone looking for quality education.
I needed a flexible learning schedule, and Shilpi's Academy provided just that. The combination of online and offline classes allowed me to balance my studies with other commitments. The Shilpi's Academy App is fantastic, with easy access to all the course materials. The support from the teachers has been incredible, and I am confident about my exams. Thank you, Shilpi's Academy!
| For Professional Members | Cost |
| CMA Entrance Fee ( Non-refundable) | $280* [INR 21,000 – 22,000] |
| Exam Fee | $460 per part [INR 35,000 – 36,000] |
| For Student/ Academic Members | Cost |
| CMA Entrance Fee | $210* [INR 16,000 – 17,000] |
| Exam Fee | $345 [INR 26,8000 – 27,000] |
| Exam Structure | Part 1 and Part 2 |
| Number of Questions | 100 in Each Part |
| Duration | 4 Hours |
| Part 1: Financial Planning, Performance and Analytics | Weightage |
| Technology and Analysis | 15% |
| Internal Controls | 15% |
| Cost Management | 15% |
| Performance Management | 20% |
| Planning, Budgeting and Forecasting | 20% |
| External Financial Reporting Decisions | 15% |
| Part 2: Strategic Financial Management | Weightage |
| Financial Statement Analysis | 20% |
| Corporate Finance | 20% |
| Decision Analysis | 25% |
| Risk Management | 10% |
| Investment Decisions | 10% |
| Professional Ethics | 15% |
Candidates are free to attempt parts 1 and 2 in any order they like
On average, it takes about 3 - 9 months to become a US-CMA including the time taken to complete the exams and the article ship training.
In India, the total cost can range from INR 2,00,000 including registration fees, examination fees, and study material costs. Coaching fees can range from 1-2lakhs INR.
The average salary of a US-CMA can vary widely based on location, industry, and experience. In India, fresh US-CMAs can expect starting salaries ranging from INR 5,00,00 - 7,00,000 lakhs per annum. Experienced professionals can earn significantly higher, especially in specialized fields
For registration it will cost around $177 and for exam $ 150-200.
CPA Exam structure
| Paper | Course | Duration |
| Paper-1 | Financial Accounting & Reporting (FAR) | 4 Hours |
| Paper-2 | Auditing & Attestation (AUD) | 4 Hours |
| Paper-3 | Regulation (REG) | 4 Hours |
| Paper-4 | Business Analysis and Reporting (BAR) | 4 Hours |
| Paper-5 | Information Systems and Controls (ISC) | 4 Hours |
| Paper -6 | Tax Compliance and Planning (TCP) | 4 Hours |
CPA Syllabus in India
| Paper | Subject | Topics |
| Paper-1 | Financial Accounting & Reporting (FAR) | Financial Reporting (30-40%) Select Balance Sheet Accounts (30-40%) Select Transactions (25-35%) |
| Paper-2 | Auditing & Attestation (AUD) | Ethics, Professional Responsibilities and General Principles (15-25%) Assessing Risk and Developing a Planned Response (20-30%) Performing Further Procedures and Obtaining Evidence (30-40%) Forming Conclusions & Reporting (15-25%) |
| Paper-3 | Regulation (REG) | Ethics, Professional Responsibilities and Federal Tax Procedures (10-20%) Business Law (15-25%) Federal Taxation of Property Transactions (5-15%) Federal Taxation of Individuals (22-32%) Federal Taxation of Entities (23-33%) |
| Paper-4 | Business Analysis and Reporting (BAR) | Business Analysis (40-50%) Technical Accounting and Reporting (35%-45%) State and Local Governments (10-20%) |
| Paper 5 | Information Systems and Controls (ISC) | Information Systems and Data Management (35%-45%) Security, Confidentiality and Privacy (35%-45%) Considerations for System and OrganizationControls (SOC) Engagements (15-25%) |
| Paper 6 | Tax Compliance and Planning (TCP) | Tax Compliance and Planning for Individuals and Personal Financial Planning (30-40%) Entity Tax Compliance (30-40%) Entity Tax Planning (10-20%) Property Transactions (disposition of assets) (10-20%) |
The minimum salary for a CPA is Rs 7.6 lakh per annum.
Exam eligibility:
Certificate Eligibility:
| Part 1 | Individuals |
| Part 2 | Businesses |
| Part 3 | Representation, Practices, and Procedures |
Generally, the Knowledge level exams are conducted on the basis of Demand.
© 2024 Shilpis Academy. All rights reserved.