ICMA® recognizes the requirements of other certification programs and currently has arrangements in place with two organizations: ICAI (Institute of Cost Accountants of India) and ACCA (Association of Chartered Certified Accountants). Professionals with credentials from these organizations may have satisfied certain requirements for the CMA. CMAs interested in obtaining an additional certification also may have met certain requirements with our partner organizations.
ICAI (Institute of Cost Accountants of India) (previously known as the Institute of Cost & Works Accountants of India (ICWAI))
ICMA has a mutual recognition agreement with ICAI. Upon payment of the annual IMA membership fee and the one-time CMA entrance fee, ICAI’s certified members may waive both parts of the CMA exam. Click here for more information.
CMAs interested in obtaining the ICAI credential may waive the ICAI exam. Click here for more information.
ACCA (Association of Chartered Certified Accountants)
ACCA’s fully certified members are automatically recognized as having met the education requirement for entrance to the CMA program. ACCA members must complete and pass both parts of the CMA exam.
CMAs are eligible for exemptions of seven of the Fundamentals-level examinations in the ACCA Qualification. Visit ACCA’s website to apply.