CMA Sri Lanka – A Clear Path to be Management Accountant in Sri Lanka

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The CMA Sri Lanka was sets up with the technical support of CMA (Canada), and Financial Sponsorship of the Canadian International Development Agency (CIDA). And it is an Ministry of Trade approved institution in 1999 to set up the Society of Certified Management Accountants of Sri Lanka.

The CMA Sri Lanka with an industrial advisory committee with the flagship businesses in Sri Lanka to ensure the quality of Professionalism of CMA Srilanka. Such as

  • Hatton National Bank Ltd.
  • George Stuart & Co. Ltd.
  • Singer Sri Lanka Ltd.
  • United Tractor & Equipment Ltd.
  • Ceylon Theatres Ltd.
  • Ceylinco Insurance Co. Ltd
  • Ceylon Tobacco Co. Ltd.
  • Hemtours (Pvt) Ltd.
  • Ready wear Industries Ltd.
  • Lanka Orix Leasing Co. Ltd.
  • Aitken Spence & Co. Ltd.
  • Gestetner of Ceylon Ltd.
  • Finco Group of Companies
  • Tokyo Cement (Lanka) Ltd.
  • United Motors Lanka Ltd.
  • Akbar Brothers Ltd.
  • People’s Merchant Bank Ltd.
  • Dipped Products Ltd.
  • International Distillers Lanka Ltd.

 

Entry Requirements

A candidate who has one of the following qualifications could register as a Student.

  1. For English Medium
    a) Two passes at the G. C. E. Advance Level examination together with a Credit Pass in English Language and a simple pass in Mathematics at the G.C.E. O/L Examination

    For Sinhala / Tamil Medium
    (b) Two passes at the G. C. E. Advance Level examination together with a Simple Pass in English Language and Mathematics at the G.C.E. O/L Examination
    (Up to now Not applicable to students following course online)

  2. A relevant Degree of a University of Sri Lanka or any other University approved by the council of the Institute.
  3. Membership of the Sri Lanka Government Accountants Service.
  4. Final Examination of the Institute of Chartered Secretaries  & Administrators, U.K.
  5. Final Examinations of the Institute of Financial Accountants, U. K.
  6. Final Examination of the Association of the International Accountants, U. K.
  7. Final Examination of the Institute of Bankers of Sri Lanka, London.
  8. Final Examination of the Chartered Institute of Marketing.
  9. Foundation Examination of the Institute of Chartered Accountants.
  10. Part qualification of professional, university, vocational and other qualifications will be considered on a case by case basis.
  11. AAT Stage 2.
  12. Final examination of the International Association of Bookkeepers (IAB).
  13. A candidate who has passed any of the examinations indicated in the “Exemption Policy” is eligible to register as a Student.
  14. Candidates who do not have credit passes in English and Mathematics at the G. C. E. O/L but have secured subject passes in Business Communication and Business Mathematics in another Professional or University examination will be able to register as a student provided other entry requirements are met.

 

 

Medium of Instruction – English/Sinhala/Tamil

The medium of instruction and examination for Professional I & II will be only in the English Medium.

And Technician Stage & Intermediate Stage could follow in any languages of English/Sinhala /Tamil

Mode of Study

Students are recommended to follow lectures at Institutes Accredited by CMA to sit for examinations conducted by CMA. They could also do self study.

CMA makes available study material for each of the subjects and these are available for sale at the Secretariat.

Student Registration

Registration is the first step to become a student of the Institute of Certified Management Accountants of Sri Lanka. Only registered student may sit an examination of the Institute. Registration is open throughout the year. However those who wish to sit the May examination should register on or before 31th January of the previous year, and for November examination, by 31st July in that year.

However, students who wish to follow the course online will have to register with CMA at the time of joining the online program.

Registration Fees
For the year 2013 (with effect from 10.11.2012)

Students

Registration Fees Rs. 1,100.00
Annual Subscription Rs. 1,300.00
New registration & subscription Rs. 2,400.00

Members

  Fellow Associate AMA
Registration Fees Rs. 4,000.00 Rs. 4,000.00 Rs. 3,500.00
Annual Subscription Rs. 6,500.00 Rs. 5,500.00 Rs. 2,700.00
New registration & subscription Rs. 10,500.00 Rs. 9,500.00 Rs. 6,200.00
Exemption Fee Rs. 8,000.00 Rs. 8,000.00 N\A

 

Examination Structure

The Society’s course of study consists of the following four stages:

  • Technician Stage
  • Intermediate Stage
  • Professional I Stage
  • Professional I I Stage

Course Title/Subject Title

Subject
Code

Hours of Exam.

Technician Stage

Financial Accounting Fundamentals

FAF

3

Management Accounting Fundamentals

MAF

3

Business Communication

BCM

2

Business Mathematics

BMT

2

Economics & International Business

ECN

3

Intermediate Stage

Financial Accounting & Reporting

FAR

3

Advanced Management Accounting

AMA

3

Managing People & Organization Management

MPO

3

Business & Corporate Law

BCL

3

Taxation

TAX

3

Professional I Stage

Advanced Financial Accounting & Reporting

AFA

3

Strategic Business Management

SBA

3

Operations Management & Marketing

OMM

3

Information Technology Management

ITM

3

Professional II Stage

Strategic Financial Management

SFM

3

Strategic Management Accounting

SMA

3

Internal Control & Risk Management

ICR

3

Case Study

CAS

3

TOTAL

52

 

Examination Dates

Examinations are held twice a year in March and SeptemberResults will be released within 6-8 weeks of the date of conduct of examinations.  Detailed results will be notified to all candidates by post.

for more information visit CMA Sri Lanka by Click Here

CMA Sri Lanka – A Clear Path to be Management Accountant in Sri Lanka
CMA Sri Lanka – A Clear Path to be Management Accountant in Sri Lanka

 


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Comments

4 responses to “CMA Sri Lanka – A Clear Path to be Management Accountant in Sri Lanka”

  1. kokilan Avatar
    kokilan

    how to enter& class details

    1. Prasanna Avatar

      Dear Kokilan,

      See below link,
      http://www.cma-srilanka.org/introduction.html

      Regards
      Prasanna.A

  2. Mohammed zaid zuhair Avatar
    Mohammed zaid zuhair

    I like this course and I have to study cma. I am interested to cma course.

    1. Prasanna Avatar

      Yes its good Management programme in Sri Lanka

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