Get complete insights about Associates of Cost and Management Accountants (ACMA) including admission criteria, syllabus, exam structure, career opportunities, and professional benefits for aspiring finance and accounting professionals.
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Updated August, 2025
ACMA is a certified course that stands for Associate for Costs and Management Accountants. The certification is affiliated to two international institutes; ICMAP (Institute of Cost and Management Accountants of Pakistan) and ICAI (Institute of Cost Accountants of India) which are further related to IFAC (International Federation of Accountants) as members. These institutes are playing an essential role in the development and growth of accountants on national as well as international levels. ACMA professionals are considered the backbone of any institute. They provide their services towards gathering and analyzing data in financial institutes, public and private sectors, and the industrial sector as well. ACMA is considered a member of CIMA, as the specialized associate of CIMA. If a candidate wants to earn the certification of ACMA, they should complete a time frame of 3 years of practice. The ACMA exams are sub-divided into three parts held at a particular time frame throughout the year. ACMA is particularly more popular in the Middle East, US and India.
Duration/ Credit Hours
Can be completed in 2 to 5 years depending upon the candidate. And the credit hours are 120 to 130.
Affiliations and Accreditations
Institute of Cost and Management Accountants of Pakistan ICMAP, Islamabad is offering ACMA certification.
Scope and Career
ACMA certified candidates can provide their services as management accounts at:
| Scope and Career |
|---|
| Public Sectors |
| Consultancy firms |
| Industrial firm |
| Financial Institutes |
Syllabus and Courses
| Syllabus and Courses |
|---|
| Financial Accounting |
| Business Mathematics and Statistic |
| Cost Accounting |
| Enterprise Management |
| Business Economics |
| Commercial Law |
| Strategic Financial Management |
| Investment Analysis and Portfolio Management |
| Tax Management and Practices |
| Cost and Management Audit |
| Corporate Financial Reporting |
| Strategic Performance Management |
| Commercial law and professional ethics |
Why choose this degree?
A candidate who is interested in the handling of accounts and wants to learn how the financial system runs in the corporate world should opt for this certification. It is dependent on the candidate how long they take to complete the certification. It can take from 6 months to a year or even more. It is an exam-based certification where different exams are held in different parts. This certification can help you at the domestic and international levels as well.
Related Course: CIMA
CIMA stands for The Chartered Institute of Management Accountant, it is also a certification that is sometimes confused with ACMA. CIMA is a UK-based certification that provides training not only in management accounting but in business accounting as well. CIMA is more popular in the UK and commonwealth countries.
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