CMA Syllabus Conversion From 2016 to 2022: A Comprehensive Guide
The introduction of the CMA Syllabus in 2022 by ICMAI has left many students with questions about the transition from the 2016 syllabus. In this blog post, we aim to provide a thorough understanding of the conversion process, including the validity of the 2016 syllabus, exemptions in both CMA Intermediate and CMA Final levels, and a step-by-step guide on how to successfully convert to the new syllabus.
1. Validity of CMA Syllabus 2016:
The CMA Syllabus 2016 remains valid until August 2023, and the last term for exams under this syllabus is December 2023.
2. CMA Intermediate Conversion:
a. Group-wise Exemptions:
- Cleared Group I of the Intermediate course: Exempted from appearing in Group I of the Intermediate Course under syllabus 2022.
- Cleared Group II of the Intermediate course: Exempt from appearing in Intermediate Course Group II.
b. Subject-wise Exemptions:
- Students with subject exemptions under Syllabus 2016 can avail equivalent exemptions under Syllabus 2022.
Important Note:
- However, there are some cases where you will not be granted an exemption, such as in Paper 7 i.e. Direct tax because, in the 2016 syllabus, direct tax and indirect tax were separate papers, but in the 2022 syllabus, both papers are combined and included in one paper.
- If you received an exemption in both papers under the 2016 syllabus, you will be granted an exemption in paper 7 of the 2022 syllabus. But if you have obtained an exemption in any one paper, you will not be able to obtain an exemption in Paper 7 DITX of the 2022 syllabus.
- Furthermore, because Paper 11 (Indirect tax) of syllabus 2016, has been replaced by financial management and business data analytics in syllabus 2022, no exemption will be granted in this subject. because it is a new subject.
3. CMA Final Conversion:
a. Group-wise Exemptions:
- Cleared Group III of the Final course: Exempted from appearing in Group III of the Final Course under syllabus 2022.
- Cleared Group IV of the Final course: Exempt from appearing in Final Course Group IV.
b. Subject-wise Exemptions:
- Students with subject exemptions under Syllabus 2016 will be exempted from corresponding subjects under Syllabus 2022.
Last Date for Syllabus Conversion:
As of the information available, there is no specified last date mentioned for CMA Syllabus Conversion. However, it’s advisable to check the official website of the Institute of Cost Accountants of India (ICMAI) or contact the Institute directly for the most up-to-date information on any deadlines related to syllabus conversion.
Conversion Process:
Manual Conversion:
The conversion process is manual and requires active participation from the students.
A STEP-BY-STEP GUIDE FOR CMA SYLLABUS CONVERSION
Follow these steps for a seamless conversion process:
Step 1:- Visit www.icmai.in.
Step 2: -Navigate to the Online Admission tab.
Step 3: – Enter ‘Syllabus Conversion Request’ tab
Step 4: – Create Student login
Step 5: – Enter the OTP sent to your registered email
Step 6: – Upon entering the OTP, your login ID will be generated and you can proceed to the login section.
Step 7: – After Successful login, you can see this screen
Step 8: – Submit your request
Step 9: – After submitting your request your application will be successfully submitted
Step 10: – Await confirmation from the Institute and access the provided link once confirmed
Step 11: – Complete your ‘Syllabus Conversion’ process by making an online payment of Rs.250/-. If you additionally wish to buy Study Materials under Syllabus 2022, you may select the checkbox based on your needs. Please note that the purchase of Study Materials under Syllabus 2022 is optional.
Upon completing the payment process, your syllabus will be automatically converted to the new syllabus 2022.
Upon completing the payment process, your syllabus will be automatically converted to the new syllabus 2022.
