VISAKHAPATNAM: Keeping in view the industrial perspective and the increasing prominance of Goods and Services Tax, the syllabus for Certified Management Accountant (CMA) exam has been modified, said PVN Madhav, chairman of the ICAI Visakhapatnam chapter, at CMA bhawan on Sunday.
The foundation course has been made simple. While a few new chapters have been added, some of the outdated ones have been removed to meet the global standards, said PVN Madhav.
“The syllabus for 2016 is based on the international standards set by International Federation of Accountants (IFAC) and International Accounting Education Standards Board (IAESB),” he informed
“The new syllabus has been made easier and the pass percentage has also been increased compared to the last two years. Examination based on case study, especially on indirect taxation, will help the students get a better understanding of the concepts of the subject,” said M Ramakrishna, secretary, the ICAI, Visakhapatnam.
The first group of students will appear for the examination with the revised syllabus in June 2017.
The Institute of Chartered Accountants of India (ICAI) will also provide online classes for the interested students, he said.