thanks for your comments. Did you formally apply for ACCA exemptions (by submitting all the relevant documents) or are you assuming based on the ACCA's online exemption calculator? If it is the latter, then I think the calculator shows only 3 papers by default for any credential (I got the same 3 exemptions both with my Master's degree and CMA credential). To really find out how many exemptions you can receive, I believe you need to submit the exemption request formally that will entail thorough review and evaluation of your credentials by ACCA (which accordingly to ACCA Exemption FAQ section could take up to two weeks).
Original Message:
Sent: 09-21-2023 03:07 AM
From: Mohammed Yasin
Subject: Pursuing ACCA after CMA
The ACCA body downgraded CMA US qualification exemption from 7 to 3 papers lower than a B.COM level. The IMA body silence and not negotiating with them. Better we should advice new students not to enroll CMA US anymore for this degree which lost its value.
Firoz CMA.
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Mohammed Yasin CMA
Director/Manager
Original Message:
Sent: 09-20-2023 12:43 AM
From: Jain Mathew
Subject: Pursuing ACCA after CMA
Hi,
I have just checked the ACCA exemptions based on the CMA, there are only 3 papaers exempted
- Business and Technology (BT)
- Management Accounting (MA)
- Financial Accounting (FA)
Please share if any changes recently; I am very much interested to do ACCA if more exemptions are avilable.
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Jain Mathew CMA
Original Message:
Sent: 09-19-2023 08:19 AM
From: Faziljan Eshankulov
Subject: Pursuing ACCA after CMA
Thanks Nikita, really appreciated.
I will try to apply for ACCA exemptions based on my CMA qualification (plus my MBA) and see if that takes me near getting exemptions for all 9 papers from Applied Knowledge and Applied Skills section. That way I would only have to do the papers from the Strategic Professional Level, which I think I could complete in little over than a year.
I will also explore the CPA route just in case (now that you are allowed to take the International version of the CPA test through Prometric centers in select locations around the world).
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Faziljan Eshankulov CMA
Accountant
Horsholm
Denmark
Original Message:
Sent: 09-19-2023 02:54 AM
From: Nikita Aleksandrov
Subject: Pursuing ACCA after CMA
It was quite long ago, 2018 maybe. That time you had to pass 9 elementary ACCA papers + 5 professional. So for CMAs there was exemption for 7 of 9 elementary papers. I had to pass just F6 (taxation) and F7 (financial reporting) exams, plus 5 professional.
From that time they transformed their examination pattern, so numbers may change.
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Nikita Aleksandrov CMA,ACCA
Chief Financial Officer
Nur-Sultan
Kazakhstan
Original Message:
Sent: 09-18-2023 10:51 AM
From: Faziljan Eshankulov
Subject: Pursuing ACCA after CMA
Hi Nikita,
many thanks for your reply. May I ask many exemptions did you get from ACCA (based on your CMA) and how many ACCA papers did you have to do at the end? I am just trying to gauge the time it will take me to complete ACCA..
thanks and best regards,
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Faziljan Eshankulov
Accountant
Horsholm
Denmark
Original Message:
Sent: 09-18-2023 02:07 AM
From: Nikita Aleksandrov
Subject: Pursuing ACCA after CMA
It was quite easy. You should fill in a form at ACCA website, send them CMA approval, and wait for excemption for a couple of months.
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Nikita Aleksandrov CMA,ACCA
Chief Financial Officer
Nur-Sultan
Kazakhstan
Original Message:
Sent: 09-14-2023 01:25 PM
From: Faziljan Eshankulov
Subject: Pursuing ACCA after CMA
Hi All,
has anyone done ACCA (is pursuing ACCA currently) after getting your CMA qualification? If so, it would be great if you could share your experience.
thanks.
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Fazil Eshankulov
Financial Management Professional
Denmark
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