ACCA-CMA Exemption Mapping (as per MoU)

CMAs for pursuing ACCA, UK

ACMA/FCMA

Exempted from
All 9 Papers of Fundamental Level
( F1 to F9)

CMA passed finalists

Exempted from
7 Papers of Fundamental Level
( Papers F1, F2, F3, F4, F6, F7, F9)

Appear and Qualify in

2 papers at the Fundamental Level ( F5 & F8)
Appear and Qualify in 5 (five) Papers at the Professional Level
( P1 to P3 - Essential/ Compulsory

P4 to P7 - any two papers - which are Optional )

After completion of Fundamental Level, appear and Qualify in 5

(five) papers at the Professional Level
( P1 to P3 - Essential/ Compulsory
P4 to P7 - any two papers - which are Optional )

For further details please visit relevant websites: www.accaglobal.com/www.icmai.in

Operational modalities for CMAs to pursue ACCA [ Refer Annexure I - ACCA_online Application guideline_India]
PARTNER CODE (to be inserted in Screen 3, Page 5 of the Application Guidelines) : 1WA
[This code can be availed by the first 50 students to register online with ACCA to avail Scholarships designed and offered for CMAs . The Scholarship involves
waiver of initial registration fees, annual subscription fee for one year and exemption fee for nine papers.]

THE BENEFIT OF SCHOLARSHIP IS AVAILABLE UPTO 31st March,2015 only

Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament)

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ACCA-CMA Exemption Mapping (as per MoU)

Exemptions for ACCAs for pursuing CMA Course

Exempted from All 4 (four) papers of Foundation Course

Intermediate Course
Exempted from Papers - 5, 6, 8, 10,12
Appear in Papers -7,9,11
Final Course
Exempted from Papers - 14, 15, 17, 18,20
Appear in Papers - 13,16,19
For further details please visit relevant websites: www.accaglobal.com/www.icmai.in
NOTE : CMA Papers referred are based on CMA "Syllabus 2012". With every subsequent change in CMA Syllabus corresponding papers available for
exemption would be notified, in consultation with ACCA,UK
Annexure II - Operational Guidelines for ACCAs to pursue CMA Course (to be uploaded on 20th March,2015)

Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament)

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ACCA-CMA Exemption Mapping (as per MoU)

ACCA - CMA Syllabus _ Papers (at a glance)

ACCA

CMA (Syllabus 2012)

Fundamentals

Foundation

F1
F2
F3
F4
F5

Accountant in Business
Management Accounting
Financial Accounting
Corporate and Business Law
Performance Management

P1
P2
P3
P4

F6
F7
F8
F9

Taxation
Financial Reporting
Audit and Assurance
Financial Management

P5
P6
P7
P8
P9

Financial Accounting
Laws, Ethics & Governance
Direct Taxation
Cost Accounting & Financial Management
Operations Management & Information System

P10
P11
P12

Cost & Management Accounting

Indirect Taxation
Company Accounts & Audit

Professional (Essentials)
P1
P2
P3

Governance, Risk and Ethics

Corporate Reporting
Business Analysis

Intermediate

Professional Options (any two papers)

P4
P5
P6
P7

Advanced
Advanced
Advanced
Advanced

Financial Management
Performance Management
Taxation
Audit and Assurance

Fundamentals of Economics & Management

Fundamentals of Accounting
Fundamentals of Laws and Ethics
Fundamentals of Business Mathematics & Statistics

Final
P13
P14
P15
P16
P17
P18
P19
P20

Corporate Laws & Compliance

Advanced Financial Management
Business Strategy & Strategic Cost Management
Tax Management & Practice
Strategic Performance Management
Corporate Financial Reporting
Cost and Management Audit
Financial Analysis & Business Valuation

Annexure II - Operational Guidelines for ACCAs to pursue CMA Course (to be uploaded on 20th March,2015)
Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament)

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