Logic school of management

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An institution which aims to train aspiring professionals in the field of Finance and Accountancy. …

An institution which aims to train aspiring professionals in the field of Finance and Accountancy.

Training in globally recognized courses-CMA,USA and CPA,USA apart fron CPT and IPCC.

Location: Cochin,Bangalore and Chennai

Contact: Mr.Vinod-09845723042

More in: Education
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    • One of Kerala’s premier organization aiming to mould globally competitive finance/business professionals. Logic has extended its operations to Bangalore since January 2010.
    • Parent organization – Logic Software Solutions Ltd- Cochin based IT Consulting firm specialized in design, development and integration of custom-built business systems and solutions using advanced Internet, electronic commerce and client server technology since1996.
    • Sister Concerns
    • Logic software training
    • Logic HR Consultancy
    • Patronage
    • Mr. Biju Joseph (Chartered Accountant)
    • Mr. Paul Joseph (Management Professional)
    • Mr.Vinod Chandran (Chartered Accountant)
    • Governance
    • Mr. Santosh Kumar M.Com,(CMA),CA(Inter),ICWAI(Inter) – Chief Advisor
    • Mr. Balachandran C (Career Consultant)
    • Advisory Committee
    • Fr. Baiju Vadakkumchery
    • H. Subhalakshmi BA,LLB ( Ex.Secretary,Indian Federation of Women Lawyer’s Chapter)
    • Dr.Rathish Ambat (Corporate Trainer)
    • Mr.Venkatmani (International trainer for youth and corporate)
    • Prof.K.P.John (Retd.HOD,Botony,St.Thomas College,Thrissur)
    • Adv.Jacob George Thekkinedath
    • Mr.P.S.Shaji (Chartered Accountant)
    • Mr.Pradeep ( M.Tech,MBA)
    • Mr.Suneer Mohammed M.Com (CMA)
    • Courses offered through Cochin & Bangalore Branches:
    • *Certified Management Accountant(CMA),USA
    • *Certified Public Accountant (CPA),USA
    • *Integrated Professional Competency Course
    • (ICAI, India) &Common Proficiency Test ( ICAI, India)
    • *B. Com(Taxation) (M.G. University)
  • 4.
    • Well experienced faculty base including CA’s, CMA’s, CPA’s, MBA’s etc.
    • Resource library and Web facilities
    • Strong study support system from internationally best HOCK International (for CMA)and BISK (for CPA)- Study materials ,software and web support .
    • Preparatory and doubt clearance sessions in addition to regular sessions.
    • Mock exams and soft skill development
    • sessions.
    • International professional qualification in Financial Management and Management Accounting.
    • Recognized by Institute of management Accountants(US).
    • An average of 6-9 months time to qualify the exam
    • 75% objective questions
    • Online exams
    • Average pass percentage-55%-60%
    • Salary much higher compared to non-certified professionals.
  • 6. CMA details continued
    • Eligibility
    • Graduation
    • Students doing graduation can also appear for the exam.
    • Two years experience in financial management related field prior to or within 7 years of passing the exam.
    • Procedure
    • Be a member of ima
    • Register for the two part exam
    • Qualify the exam
    • Satisfy the Experience Qualification
  • 7. CMA details continued
    • PAPERS
    • 1.Financial planning, performance and control :
    • A. Planning, budgeting and forecasting (30%)
    • B.Performance management(25%)
    • C. Cost management(25%)
    • D. Internal controls(15%)
    • E. Professional ethics(5%)
  • 8. CMA details continued
    • 2.Financial Decision Making
    • A. Financial statement analysis(25%)
    • B. Corporate finance(25%)
    • C. Decision Analysis and Risk Management (25%)
    • D. Investment decision(20%)
    • E. Professional Ethics(5%)
  • 9. CMA details continued
    • Schedule-three testing window periods- January, February; May, June; Sept, October.
    • Online exams through Prometric testing centers
    • Cannot take an exam part more than once during a testing window
  • 10. Key Features of the Program (CMA)...
    • CMA certificate can be obtained in a short span of time (On an average 4 to 6 months).
    • Last year  IMA  Signed Joint Partnership with  ICWAI  of India; Mutual Recognition between  CMA  and  ICWAI  Certificates.
    • If a student appears the CMA two part exam anywhere outside India and qualifies he/she will be eligible to apply for ICWAI membership and certificate.
    • Academic support through direct coaching classes and web based platforms - which enable students to interact with the faculty. An excellent tool to network with other participants across the globe.
    • The case studies enable participants to widen the horizon.
    • Study material developed by industry & academic practitioners, which enables you to apply the learning to the real life situations.
    • Examinations conducted worldwide, so the program can be pursued from any part of the world.
    • Online exam. 75% objective type questions. No negative marks.
    • Average monthly salary of $2000/- per month as per IMA standards
  • 11. Certified Public Accountant (CPA) A license issued by one of the 55 states or territories of US –authorize holder to practice as a certified public accountant in that jurisdiction. Designed to ensure only qualified individuals become CPA’s
  • 12.
    • Educational requirement
    • Determined by individual state board of Accountancy.
    • Minimum educational requirement to sit for U.S CPA exam is generally a 4 year university degree .
    • Typical requirement is a U.S. bachelors degree-includes a minimum of qualifying credit hours in and business administration with an 1 year additional study. This requirement for 5 years study is known as the “150 hour rule” and has been adopted by majority of state boards.
    • The states requiring only 4 years – California,
    • Colorado, Delaware, New Hampshire, Vermont,
    • Virgin Islands.
    CPA details continued
  • 13.
    • Examination Process
    • 1.Apply to take the Examination (request, complete, and submit an application)
    • 2. Payment of Examination Fees
    • 3. Candidates are required to review the tutorial and sample tests
    • 4. Receive your Notice to Schedule
    • 5. Schedule your Examination
    • 6. Take your examination
    • 7.Receive your score reports
    CPA details continued
  • 14.
    • 1.Auditing and Attestation (AUD)
    • Engagement Acceptance and Understanding the Assignment
    • Understanding the Entity and Its Environment
    • Performing Audit Procedures and Evaluating Evidence
    • Evaluating Audit Findings, Communications, and Reporting
    • Accounting and Review Services Engagements
    • Professional Responsibilities
    CPA details continued
  • 15.
    • 2.Business Environment and Concepts (BEC)
    • Corporate Governance
    • Economic Concepts and Analysis
    • Financial Management
    • Information Systems and Communications
    • Strategic Planning
    • Operations Management
    CPA details continued
  • 16.
    • 3.Financial Accounting and Reporting (FAR)
    • Conceptual Framework, Standards, Standard Setting, and Presentation of Financial Statements
    • Financial Statement Accounts: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures
    • Specific Transactions, Events and Disclosures: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures
    • Governmental Accounting and Reporting
    • Not-for-Profit (Non-governmental) Accounting and Reporting
    CPA details continued
  • 17.
    • 4.Regulation (REG)
    • Ethics, Professional, and Legal Responsibilities
    • Business law
    • Federal Tax process, Procedures, Accounting, and Planning
    • Federal Taxation of Property Transactions
    • Federal Taxation of Individuals
    • Federal Taxation of Entities
  • 18.
    • Percentage value of each Examination component
    • Auditing and Attestation (AUD)(4 hrs.), Financial Accounting and Reporting (FAR)(4 hrs.), and Regulation (REG)(3 hrs.):
    • multiple-choice 60%
    • Task based simulations 40%
    • Business Environment and Concepts
    • (BEC) (3 hrs.):
    • multiple-choice 85%
    • written communication tasks 15%
    CPA details continued
  • 19. CPT(Common Proficiency Test)
    • An entry level examination for admission to the Chartered Accountancy Course.
    • An objective test, with questions covering accountancy, mercantile law, economics and quantitative techniques.
    • Exams will be held twice a year.
    • Test will be of 4 hours duration divided into 2 sessions of 2 hours each. Each session consists of two sections with a total of 100 marks. A multiple choice examination with negative marking.
    • To qualify the CPT, a student has to obtain an aggregate of 50% marks.
    • The unique feature of the entire theoretical education of the Chartered Accountancy curriculum is the supportive and complimentary practical training.
    • A student would undergo theoretical education and 3 years of practical training after passing Group - 1 of IPCC/Accounting Technician (Level - 1).
    • This balanced approach will help the students to appreciate the underlying practical education scheme .
  • 21. Features of Logic :
    • Unmatched record of results.
    • Classes handled by CA’s, CMA’s, M. Tech’s
    • Chapter wise test paper on every topic
    • Covering above 5000 questions
    • Anytime doubt clearing facility
    • Individual attention to students
    • Online exam training
    • Soft skill development classes
    • Stress relaxation programs
    • Business communication classes
  • 22.