What is the difference between ICWA and CMA?

manpreet Best Answer 2 years ago

There isn’t much difference in these courses. ICWA is Indian Institute of Cost and Work Accounts and CMA is generally used for cost accounting professionals of CMA US.

manpreet 2 years ago

There is no such difference between ICWA and CMA. ICWA stands for Institute of Cost and Work Accountant and CMA stands for Cost management accounting. This is the course where it create a more advanced understanding about the Management accounting, auditing and cost accounting. The main focus of this course is on cost accounting and other subjects relating to finance. After completing your CMA course, you can become a cost accountant and can work with companies and industries. There are a total of 65 learning centers all over India. For passing CMA, there are a total 4 stages- 1st stage is foundation level, 2nd stage is Intermediate and after completing Intermediate level, 3rd stage is of articleship which is for 6 months. After completing your articleship and passing both group of Intermediate level, only you can apply for the 4th stage which is the final.