For December 2021 CMA final examination it is good to take two groups at a stretch. The advantages are there is a good period with eight months, it is easy to get rank, it is easy to pass in the first attempt, over-lapping of syllabus makes the preparation easy, carry forward system help for clearing the subject and finally there is an expectation of new syllabus. As this is the last exam before to syllabus change there are chances to make the exam as tough and if you fail to clear the exam then you get trapped into the new syllabus. The new syllabus takes extra preparation time. So, plan the preparation to clear the examination with the old syllabus. There are twelve question papers with an old syllabus which helps to secure more marks.
The result from the previous year proves that writing two groups with preparations is beneficial. Depending upon the pandemic status the CMA 2021 exam dates go with one time or postponed to next months. Already the CMA final June 2021 date got postponed to next month. Rather than wasting time, it is good to complete both the groups on time. Meet the next year 2022 with a sense of achievement. The examination is online and center-based. There are fewer chances for the home-based examination as it is not up to the mark of the CMA final certification examination. In May there is a crash course for inter and final taxation from RR academy taken by the famous professors. This blog untangles the importance of the syllabus, question paper, and job opportunities for future cost accountant professionals.
CMA Syllabus change after December 2021
Generally, the students appear in the same syllabus in which they have done the registration. In the year 2012, the students used the old syllabus after the new syllabus till 2017. After the implementation of the new syllabus, the old syllabus was still put into practice by the institute. But as per the new announcement of ICMAI, the old syllabus is valid only till the new syllabus is introduced.
For the June 2021 examination, the practical training is exempted as there is a problem of rising coronavirus cases. For June 2021 and December 2021 the syllabus is from 2016. Applications are processed only through online mode and there is no offline mode. ICMAI is the regulatory body for increasing the numbers of skilled cost accountants and quality standards of cost audit. It has dealings with the government of India, RBI, insurance regulatory and development authority, SEBI, other regulating authorities, and foreign universities. The CMA final exam fee and registration fee shall be known from the ICMAI portal.
CMA final question paper for December 2021
Students frequently ask three questions are will exams in 2021 be canceled? will CMA exams get postponed and is there is an opt-out option for CMA final exam students? As per the recent announcement, the exams get delay but the institute had not facilitated the opt-out option to the students. There is no room for negative marking in the year 2021. As each exam is for three hours writing practice before the exam is essential. Take appropriate practice for writing MCQ-type and essay-type questions. MCQ questions are a great way to start the preparation as it provides the fundamental knowledge. Essay-type questions make the learning interesting and provide the flow of knowledge above the fundamental knowledge. The CMA exam structure is designed in such a way as to straighten out the complex parts of the examination.
The current job market has more number unemployment rate as there is tends in job loss for employees. Globally and locally there is an unemployment problem. Completing the course on time and taking the job experience from article ship training is a good idea to add value to the resume. Professional courses and practical experience are useful to enhance job-oriented skills.
India is facing a recession. And the source of income from GST, digital transactions, Auto sales, and petrol sales subsides the economy. The stock market is showing growth with a slow recovery from the recession. Foreign direct investment is also strengthening the economy. FDI equity had crossed 500 billion as per Bloomberg. To retain the investment and enhance the business opportunities it is essential to understand the job market with a skill requirement. The global certifications and Indian certifications prepare the professionals for dynamic job roles. Indians get job opportunities from Canada, Africa, Middle East, Europe, and the USA. As per one report, after the normalcy, there will be a high level of demand for CMA professionals. For the growth of the economy, skilled professionals and profitable ventures are essential.