Cost Accountancy

The major difference between the Chartered Accountancy or CA and Cost Accountancy or CMA courses is that - CA degree is the core study of accounting, taxation, auditing and finance, whereas CMA degree is the study of managing budgets, costing/ pricing, assets, liabilities, analysis, and much more.DifferenceCACMAEntrance ExamEntrance Exam required after 10+2No Entrance Exam for CMA after 10+2Articleship TrainingRequired Not RequiredDuration4.5 Years3-4 YearsAverage SalaryINR 10-12 lakhINR 8-10 lakhAlso Read: CA vs CMA/ ICWA

I want to tell you that Krishna now a days CMA course means for cost accounting is getting more and more popular, students are willing to take this course and also want to say that cost accountant has also a very big responsibility in every company because they control and reduce the cost the business. But still CA is better because CA have the knowledge of all the things that is why CA has more value. But CMA is also professional degree if you want to do it just go for it Krishna because it's value is increasing day by day. All the best for your future.

Hi To become a cost accountant after graduation, students must undertake CMA ( Cost Management Accountancy) course offered by the Institute of Cost accountants of India (ICAI). The course is offered in three categories - Foundation, Intermediate, and Final.

Do you want the information of Institute of Chartered Accountant India or Institute of Cost Work and Accountancy India? For that, you need to visit ICAI website from where you are going to fill online form for registration for foundation level or intermediate or IPCC level and you need to take a print out of that form and speed post to the institution which is in New Delhi. For more information, you can visit the ICAI office nearby your city also.

For a cost accountant or chartered accountant after 12th you have to give the exam of CMA/CA Foundation and after clearing foundation you will be eligible for CMA inter / CA intermediate.

The average pay for a cost accountant is Rs. 464,527 per year. Rest, Experience strongly influences salary for this job.

No, there is no age limit for giving CMA exams, but there are fix attempt of giving exam, if you are graduate, than you can skip foundation exam and can directly go for executive exam. For that, you need to register your name before 9 months of exam. Then only, you can fill their exam form. This is process of executive exam. If you aren't graduate or doing your graduation than you need to give foundation exam which is entrance exam of CMA.

It is a very good course. And after GST, the value of a cost accountant is highly increase.