Associates of Cost and Management Accountants (ACMA)

Introduction of Associates of Cost and Management Accountants (ACMA)

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 6 to 12 months depending upon the candidate. 

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
Finsncisl nstitutes

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 Courses


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.


More on ACMA

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