No, CMA (USA) is not a valid qualification to directly enroll for the CA Intermediate exam in India. The eligibility criteria for CA Inter require candidates to clear the CA Foundation exam or have a commerce-related degree with at least 55% marks (or 60% for non-commerce graduates) to enter through the direct entry route. Since CMA (USA) is a professional certification rather than a degree, it does not fulfill these criteria.
To become a Chartered Accountant (CA) in India, you'll need to meet the eligibility criteria set by the Institute of Chartered Accountants of India (ICAI).
CA Intermediate Eligibility:
1. CA Foundation Pass: Pass the CA Foundation exam
2. Graduation: Graduate or Post-Graduate in Commerce or any other stream with a minimum of 55% marks
3. Direct Entry: Candidates with a minimum of 55% marks in Graduation or Post-Graduation can directly register for the CA Intermediate course
CMA is not valid to be enrolled for ca inter.CMA (USA) certification is not considered equivalent to the CA Intermediate eligibility criteria for several reasons:
1. Different curriculum: CMA (USA) focuses on management accounting, while CA Intermediate covers a broader range of topics, including financial accounting, auditing, and taxation.
2. Lack of equivalence: ICAI does not recognize CMA (USA) as an equivalent qualification for CA Intermediate.
3. Different regulatory bodies: CMA (USA) is regulated by the Institute of Management Accountants (IMA), while CA Intermediate is regulated by ICAI.
Therefore, having a CMA (USA) certification does not exempt you from meeting the CA Intermediate eligibility criteria.
The CMA (USA) qualification does not provide direct eligibility for CA Intermediate in India. To enroll in CA Inter , you must meet the ICAI eligibility criteria , which include completing the CA Foundation or having a graduate/postgraduate degree with required marks. However, CMA (USA) can be beneficial for finance and accounting careers but does not exempt you from the CA Inter entrance requirements. It is best to check with ICAI’s official guidelines for any updates on exemptions or alternative pathways.
Hello there,
No, CMA (USA) is not a valid qualification to directly enroll for CA Intermediate under ICAI.
To register for CA Inter , you must:
Since CMA (USA) is not recognized by ICAI for direct CA Inter entry, you may need to take the CA Foundation exam first.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile