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If you’re a professional interested in learning how to become a CMA so you can enhance your career with this prestigious certification, this guide is for you. The first 5 steps involve important decisions you must make before beginning the application process. Step 6-12 reveal exactly what you need to do to register, plan for, […]Continue reading
Like most professional qualifications, Certified Management Accountants are required to fulfill CMA CPE requirements on an annual basis. CMA CPE Requirements: An Overview 30 hours per year Minimum 2 hours in ethics If accumulated more than 30 hours, up to 10 hours can be carried forward to the following year. If more than 2 hours […]Continue reading
Why become a CMA? Becoming a Certified Management Accountant (CMA) means expending lots of time, effort and money, so is it worth it? What’s the value of becoming a CMA? Here are 5 good reasons to pursue the CMA. Contents Why Become a CMA The Gold Standard Most Global Certification More Money Practical Skills Simple […]Continue reading
The AICPA and CIMA joined forces in January 2012 to establish the Chartered Global Management Accountant (CGMA) designation. Now that CMA has a direct competitor, how can we choose between CGMA vs CMA? CGMA vs CMA: History The CGMA designation was created only a couple of years ago while CMA has been around for more […]Continue reading
There are lots of reasons why people want to become an accountant. It could be job security, the relatively good work-life balance (except month-end and audit season)… and it could be the fact the accountant is no longer just a bean counter. Not all of us make this decision during college. Because of this, we […]Continue reading
What is CMA Certification, exactly? People are often confused with what “CMA” means. For accountants, it means Certified Management Accountant, a certification granted by the Institute of Management Accountants. The certification is a proven accomplishment of an individual who completes the CMA program. The CMA program includes a 2-part examination, plus 2 years of full-time […]Continue reading
1. Understanding the Big Picture Early in Your Career Candidates often mention how practical experience helps in their preparation and passing of Part 1 and 2. In fact, it helps the other way round as well. The CMA exam covers major concepts in management and cost accounting, as well as internal control, strategic planning, corporate […]Continue reading
You are making an important decision. Should I go for CPA or CMA? Can (or should) I get both? An Overview Certified Public Accountant is the “black-belt” for public accounting, and in essence, for the accounting profession in general. The exam itself covers a broad range of knowledge, ranging from the core financial accounting and […]Continue reading
I got an email from fellow reader Sarah last week on whether a CMA certification makes sense after getting her CPA. Here is my answer. Thought some of you would be interested to find out. My View on CMA After CPA Hi Sarah, thanks for your note. This is an interesting question, and a very […]Continue reading
How professional certification such as the CMA worth it in building your career? When will you see a tangible benefit — right after passing Part 1, Part 2… or not until you get the certification? Many of you have asked similar questions before, and it’s time for me to address this with a detailed post. […]Continue reading
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