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The Cost Accountants (CMA) of INDIA

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 CMA as a course in India was previously known as ICMAI. This course is governed by ICWA i.e. the institute of cost and management of India.  It is under the ownership of Ministry of Corporate Affairs, Government of India. It has been given a prime responsibility by the Ministry of Corporate Affairs of the Government of India to contribute to the cost and management accounting profession at global level. The ICMAI is a Founder Member of the International Federation of Accountants (IFAC), Confederation of Asian and Pacific Accountants (CAPA) and South Asian Federation of Accountants (SAFA). ICMAI is a member of the National Foundation of Corporate Governance (NFCG). Also the ICMAI's Certified Management Accountancy (CMA), also known as Cost and Management Accountancy (earlier known as Cost and Work Accountancy (CWA)) course is recognized by the UK NARIC as equivalent to UK Post Graduation Programme. ICMAI has offices all around the world, to name a few are the USA (Washing...
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Scopes in commerce stream

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Meaning Commerce from an educational view is the study of  business and trade activities which consists of exchange of goods and services.This study consists of Accountancy,Economics and Business Studies as main subjects.But remember before choosing commerce for your career is beneficial only when you have a keen interest in it cause it requires a lots of technical and practical knowledge.It also requires a lots of practice in mastering the subjects.It has a lots of career options some of them are listed below.But first i will give a description of the main subjects of commerce stream. Economics Study of production,distribution and consumption of goods and services. Divided into two main parts- Micro-economics and Macro-economics. Accountancy The process of recording and summarizing financial transactions is known as book keeping. The process of measuring, summarizing, and communicating the financial information produced by book keeping to classif...
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