does ACCA had any exemptions for CMA/CIA holders?

amro3546 · 09-06-2009, 08:51 PM

If I pass the CMA/CIA exams, am I going to get any exemptions in ACCA?

tariqsohail · 09-06-2009, 10:21 PM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by amro3546
 If I pass the CMA/CIA exams, am I going to get any exemptions in ACCA?
<hr height="1" noshade id="quote"></blockquote id="quote">

ACCA giving 7 paper exemption out of 14 papers to CMA (IMA).

You can check this through following link;

https//portal.accaglobal.com/accrweb/faces/page/public/accreditations/enquiry/main/EnqInstitutionsTable.jspx

Regards,
Sohail

amro3546 · 09-07-2009, 01:45 AM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by tariqsohail
 <blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by amro3546
 If I pass the CMA/CIA exams, am I going to get any exemptions in ACCA?
<hr height="1" noshade id="quote"></blockquote id="quote">

ACCA giving 7 paper exemption out of 14 papers to CMA (IMA).

You can check this through following link;

https//portal.accaglobal.com/accrweb/faces/page/public/accreditations/enquiry/main/EnqInstitutionsTable.jspx

Regards,
Sohail
<hr height="1" noshade id="quote"></blockquote id="quote">
WOW!! 7 out of 14!!
I tried that link before, but it shows only the exemptions of college certifications, not professional certifications such CMA/CIA...

Any other way to make sure that there is 7 parts exemptions for CMA?

tariqsohail · 09-07-2009, 05:24 AM

Dear Amro,

I used the same link and I am able to find following exemption results from ACCA website.

You need to put "Institute of Management Accountants" and in the country box you need to select "USA".

ACCA course following papers are exempt to CMA/CFM of IMA;

Paper Title
F1 Accountant in Business
F2 Management Accounting
F3 Financial Accounting
F4 Corporate and Business Law
F5 Performance Management
F8 Audit and Assurance
F9 Financial Management

For CAT (ACCA) following answer appear;

Certified Accounting Technician - Exemptions

Institution INSTITUTE OF MANAGEMENT ACCOUNTANTS
Programme INSTITUTE OF CERTIFIED MANAGEMENT ACCOUNTANTS - All Graduates

Completion of the above programme provides exemption from the following paper(s)
Exemption from all CAT papers.

Regards,
Sohail

amro3546 · 09-07-2009, 06:44 AM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by tariqsohail
 Dear Amro,

I used the same link and I am able to find following exemption results from ACCA website.

You need to put "Institute of Management Accountants" and in the country box you need to select "USA".

ACCA course following papers are exempt to CMA/CFM of IMA;

Paper Title
F1 Accountant in Business
F2 Management Accounting
F3 Financial Accounting
F4 Corporate and Business Law
F5 Performance Management
F8 Audit and Assurance
F9 Financial Management

For CAT (ACCA) following answer appear;

Certified Accounting Technician - Exemptions

Institution INSTITUTE OF MANAGEMENT ACCOUNTANTS
Programme INSTITUTE OF CERTIFIED MANAGEMENT ACCOUNTANTS - All Graduates

Completion of the above programme provides exemption from the following paper(s)
Exemption from all CAT papers.

Regards,
Sohail
<hr height="1" noshade id="quote"></blockquote id="quote">
great..now I have another question

I'm going to take all CMA exams in Feb/April 2010 and I'm student with no experience, so they are not going to give me the CMA certificate until I get a job and finish the two years experience requirement

And I'll start ACCA exams in Dec 2010, Is it necessary to send the final CMA certificate to ACCA organization or there is another way to make the arrangements to prove to ACCA organization that I have passed CMA exams even though I don't have the certificate yet?

I hope my question is clearâ¦

tariqsohail · 09-07-2009, 08:12 AM

Dear Amro,

After passing all CMA exams they send a consolidated score report of all parts but CMA certificate will be issued only if you fulfill experience requirement of CMA. I think that consolidated score report will serve the purpose of claiming exemptions in ACCA, but for confirmation please send email to ACCA and ask same question. I hope they will provide you answer in a day or two.

Regards,
Sohail

amro3546 · 09-08-2009, 06:44 AM

I just sent them an email...
Mr. Tariq thank you so much for your help...it's so helpful to get good advices at this stage...thank you so much Tariq
I might have other question later...

amro3546 · 09-19-2009, 01:37 AM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by tariqsohail
 Dear Amro,

After passing all CMA exams they send a consolidated score report of all parts but CMA certificate will be issued only if you fulfill experience requirement of CMA. I think that consolidated score report will serve the purpose of claiming exemptions in ACCA, but for confirmation please send email to ACCA and ask same question. I hope they will provide you answer in a day or two.

Regards,
Sohail
<hr height="1" noshade id="quote"></blockquote id="quote">
I got the answer...thanks Mr. Sohail
[code]Thank you for your e-mail. If you would like to be considered
for exemptions on the basis of your CMA you will be required to
submit a copy of your CMA transcript confirming the subject title,
result and date exam was passed. Should you require any further
assistance please do not hesitate to contact us. Regards Tracy
WhitelawACCA Connect AdviserACCA2 Central Quay,89 Hydepark Street,
Glasgow G3 8BW United Kingdom tel +44 (0)141 582 2000fax +44 (0)
141 582 2222[/code]

tariqsohail · 09-19-2009, 05:57 AM

Good..means you are entitled to claim exemptions after passing CMA exams and you don't need to wait for CMA certificate.

Best of luck.

Regards,
Sohail

stayyabakhtar · 03-25-2010, 07:32 PM

hi, if i do CIA, how many paper will be exempt.

tariqsohail · 03-26-2010, 03:54 AM

Use the same link mentioned above.

Regards.