Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Cma india portal

R.Veeraraghavan (CMA) (226 Points)

06 January 2012

https://cmaindia.informe.com/portal.htm https://cmaindia.informe.com/portal.html

Reply
Follow
Share

10 Replies

CMA.Devarajan Swaminathan (ACMA) (1067 Points)
Replied 07 January 2012

https://cmaindia.informe.com/forum/general-information-f127/action-forum-for-cma-profession-in-india-join-the-forces-t5524.html?sid=eaf99944d35ace7934a8d5dcb17be1cb

Upgrade to CAclubindia Pro. Subscribe Now!

CMA.Devarajan Swaminathan (ACMA) (1067 Points)
Replied 22 January 2012

Many thanks Vijay for your advice and your effort to respond.

(Guest)

Devrajan Ji,

As you enjoying your exclusive club , some of respones to topics Name chnane issue may be posted by your good self and a CA. I wish to respond the same through you , Hoping you do so without bais and favor to my responds.

1) Chartered Accountants is not demeaing to India . IF so, then Chartred are being used in all most all common wealth countries.

all these countries except Canada and Australia are repblic and they all should change the tiltle.

Recently , world's largest economy and super power USA, AICAP has adopted "Chartered " in the form of CGMA.

Hence It is mere acedemic usese.Hence, no irrational and inferiority feeling for such things.

Now coming to the name , India name is not relevant to our Country because It is based on "Indus Valley " , which is not now in India , currently , it is situated on Pakistan and Afgan boader. Our country name should christen strictly " Bharat " not India "

Are agreed with the same? I think you have no option.

There are somany thinsg are existing without its relevance , Punjab and Sindh Bank and so on.

All the acedemic degisnations even CWA is based CIMA ,UK which you can say as colonial body.

All these are baseless and just feeling inferiotity before world' top accounting brand , please refer IFAC docunets ,CA /CPa are most recognised brands.

2. Merger is the ultimate solutions of hormonies ,current examples in Canada. The consolidation ,may be final solutions amonst sisters institutes. IF such thinsg going for long like one in canada ,India may merge ICWAI with ICAI. In 2009,Quebec CMA was given equal right with CA and resulst in 2011 , you know very well.

3. CA/CPA is the complete accounting domain.

You may demarcate between financial and management Accounting . but for CA is all accounting domain. A complete accounting qualification , widely accepted by Industreis. Currenlty , 80% of CA are working as management Acountants.

Currenlty , CGMA is being freel distributed to CPAUS. Is not enough example for you?

CA is getting same exemptions without any receprocal exemptions to CIMA.

But CWA give exemptions to CIMA for the same.what a irony?

4. Management Accounting gone mess up with MBA and mingled into thousands of B schools and Instituttions.

Hence ,IFAC changes its policy to accomodates all those CPA/CA working in bussiness are management Accountants.

Your separate identity already gone to CPA/CA mised. Take Canada example " Chartered Professional Accounatnst.

The Chances of survival of MA is in ICU because manufacturer spoil and its identity is sufferinf from crississ.

So many times IMA tried hard to shape its definations but problem is that IF CMA looks back it sees CA/CPA and if its looks foward it finds vast manaagement field.

Hence ,CA/CPA are the ulitimate legacy of accounting profession for forever.

Worlds, new awatar of CA is " Chartred Professional accounatnst , alreay accepted by Canada and.

It is being fought between ACCA and ICAWE.

Thanks

CMA.Devarajan Swaminathan (ACMA) (1067 Points)
Replied 24 January 2012

Mr. Gupta,

What you say above makes no change in my earlier position.

Every Institution has their own set of strategy to adopt to safeguard their interest.

Your (an Indian) obsession with the word "Chartered" tells little but hides a lot about your study, body of knowledge and the area of function. "Chartered" does not signify any body of knowledge.

Our obsession with the word "Management" has to do more with the area of our study, the body of knowledge and the area of our function that needs to reflect in the name and the designation that we carry. The purpose of comparing with CIMA or CMA Canada or other CMA bodies worldwide is to make people without Management Accounting Background understand the evolution of Management Accounting from Cost Accounting. I hope you understand and realise this part.

If CA' sbelieve they also do all that we CMA's do, that they are also into Management Accounting and their area of study also evolves from Cost Accounting, they are welcome to also change their name by including Management in their name.

I am not here to discuss the superiority of one profession over other professions. That is for those who do not understand the purpose of education. But at the same time also do realise that mergers do not happen out of charity, unless both the parties see value addition, synergy and the marriage of equals.

Be it CMA,CGA,CA in Canada or CIMA and CPA through the CGMA route. They are merging or will merge out of their necessity and lack of growth in their respective countries. CPA sees benefit of access to a large geographies worldwide with the help of CIMA and CIMA sees the benefit of a large membership base of AICPA. So each do the agreement out of their own compulsion and strategic positioning rather than emotional outbursts and rhetorics.

If after what Raman has been explaining to you, goes above you and if you do not have anything better to do, there is little that I can do to make any difference to you or your position or to your thought process.

You are not going to be able to convince me just as I am not going to try to convince you form our respective positions. So lets not waste our time, find something better to do, get a life and let the future take its own course.

By the way an update, if you missed the action.

ICWAI had been renamed as ICAI

Members of ICWAI to carry the designation ACMA/FCMA that stand for Associate / Fellow Cost and Management Accountant.

So we have fulfilled what we set out for, except of course, for the renaming to ICAI. We would have been better of with ICMAI.

Others now can keep debating and shouting, makes no difference Mr. Gupta.

PS: I think you are frequent visitor to CMA India Portal, as you base your argument from posts that are made in that portal. I can recoganise the similarities, as Iam the moderator of that portal. I have an idea why don't you join the CMA India Portal and debate on the same posts there itself, it will save you the trouble of copy and pasting. Just a thought, which you may want to consider.

Cheers.

CMA.Devarajan Swaminathan (ACMA) (1067 Points)
Replied 01 February 2012

Apologies Mr. Gupta. I will not share it on your behalf on CMAIndia Portal. if you wish to post it there, you are most welcome to join the portal.

Just for your interest alone, and not to fuel another round of meaningless discussion. REad this carefully, this is what IMA thinks about the CGMA certification. For the rest that you have taken the effort to write/post, as far as Iam concerned, it makes no difference/is of any significance/importance to me.

IMA Holds High Standards for Management Accounting Certification; Announces Position on CGMA Designation

IMA® recognizes efforts by AICPA and CIMA to create a new management accounting designation, as this reinforces the critical role management accountants play in today’s competitive global marketplace. However, the absence of proper testing and assessment during the three-year grandfathering period – in which U.S. CPAs who meet basic experience criteria and pay a fee will receive the CGMA (Chartered Global Management Accountant) designation – is troubling. Equally concerning is a six-month, free auto-enrollment period in which CPAs who meet the education criteria automatically become CGMAs and are then required to “opt out.”

In contrast, IMA believes the most credible means for certifying competency in management accounting is by studying for and passing a rigorous testing program, combined with an educational and experience requirement. To date, the Institute of Certified Management Accountants (ICMA®), the certification affiliate of IMA, has issued more than 36,000 CMA® certificates to professionals who have earned their credential by passing a rigorous multipart exam.

Backed by 40 years of management accounting innovation and insight from IMA, the CMA credential is today’s most market-relevant assessment of professional accounting and finance career qualifications.

As IMA continues to support the growing field of management accounting, the organization also hopes that all accounting associations keep sight of the ultimate mission to responsibly serve individuals, the profession, and society by assuring the skills of management accountants are verified and fully aligned with the needs and standards of today’s businesses.

In fulfilling its mission of advancing the profession, IMA intends to be a fierce competitor in ensuring that organizational capability is enhanced with properly certified management accounting professionals.

https://www.multibriefs.com/briefs/ima/IMA_holds_high_standards_for_MA.htm

Cheers,

Upgrade to CAclubindia Pro. Subscribe Now!

CMA.Devarajan Swaminathan (ACMA) (1067 Points)
Replied 02 February 2012

Most Welcome.

Yes at last indeed.

Cheers

CMA.Devarajan Swaminathan (ACMA) (1067 Points)
Replied 03 February 2012

Mr. Gupta,

You have tried to understand the context, you have tried to understand the evolution, you have even tried to understand the history. But you still seem to miss the central theme.

You have even then tried to dwell into strategies,now really this is a little too much with the kind of background material you have.

I suggest is this. You starting point must be a standard text book on cost accounting. Lets see what you make of it, we will take it from there.

Don't be in a hurry to belittle the other profession you wil be surprised when things do't go your way of thinking,

The problem is I don;t know your background. If I did then I can explain accordingly.

Your profile changes suddenly one day, it shows account deleted the other day, one day i see your post , the other day it suddenly gets deleted, suddenly you come out of no where and become Raj Kumar Gupta, Somedays your profile shows CA, other days it says Manager. The character of this Profile Raj Kumar Gupta is a shadow. I really don't know the person to whom i fondly call Mr. Gupta is real or not.

Lets first get your profile sorted out with a Photo, we will take this discussion later. If you directly want to speak on the profession, your strating point is a Standard Text Book on Cost Accounting. Make no mistake you are very far away from understanding Cost Accounting let alone the profession of Cost Accountancy and only then the institute.

Happy reading and researching.

Till then,

:) Cheers,

1 Like

CMA.Devarajan Swaminathan (ACMA) (1067 Points)
Replied 03 February 2012

"My ID or name or adress may be changed ,but conviction or inner personalty always make you recognise me amongst crowds"

That is not only a myth about your thoughts it is also arrogance. Both are not good when trying to seek knowledge.

Why the lack of transparancy Mr. Gupta?

My profile, my background, my photo, my portal, my weblink, my office address is there for anyone /everyones verification or getting in touch.

Yours is not. Being an Accountant the foremost ethical guideline is transparancy. I would like to know and see the Mr. Gupta to / with whom I am talking or befriending.

What makes you think I should even for a minute waste my time with an unknown shadow.

So, Mr. Gupta lets get your profile sorted out first.

Eagerly Looking forward to see and know you.

Cheers,