Upcoming Events

16 May
70th Directors Training Programmme
Read More
27 Apr
Convocation Ceremony on Saturday 27th April 2024 at PC Hotel Karachi
Read More
26 Apr
Eid Milan 2024 Islamabad
Read More

Membership


The students on qualifying examinations and meeting membership requirement are awarded membership of the Institute which is a professional and legal status to join the fraternity of Institute’s members. The membership is a life-longassociation which tends to continue by paying prescribed annual subscription fee. Currently, the Institute has over 5,000 members in Pakistan and abroad. Out of total members, about 20% of members are serving abroad which shows the contribution of the Institute towards global economic development.

Membership Designation

The membership status is of following two levels:

ACMA
FCMA
Associate Cost and Management Accountant Fellow Cost and Management Accountant
To become an Associate member, a qualified student has to complete following requirments: To become a Fellow member, an Associate member has to fulfill following requirments:
  • Pass all courses of studies and training modules
  • Industry experience of 3 years
  • Earn at least 40 CPD hours (20 hours verifiable and 20 hours non-veriable)
  • Post-Associateship Industry experience of 5 years at senior management level
  • Earn at least 40 CPD hours (20 hours verifiable and 20 hours non-veriable)

Membership Requirements

Description of Competencies Year(s) Requirement Equivalent Credit Hrs.*
Courses of Studies (18 Subjects) 03 1,620 Lecture Hrs. 108
Training Modules (06) 01 540 Hrs. 36
Experience Requirement (Full-time) 03 6,000 Hrs.** 400
CPD Hours - 20 1.33
Associate Cost and Management Accountants (ACMA) 8,200 Hrs. 546.67
Experience Requirement (Full-time) 05 10,000 Hrs.** 666.67
CPD Hours - 20 1.33
Fellow Cost and Management Accountants (FCMA) 18,240 Hrs. 1,216

Basis for Credit Hours:15 regular hours equivalent to 01 credit hour.

Experience Criteria:Based on 250 working days @ 8 hours per day.