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Category Archives for CMA Certification Benefits

how to become a cma

How to Become a CMA in 12 Months: My Awesome Complete Guide

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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, […]

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cma cpe requirements

CMA CPE Requirements (and Approved Courses Suggestions)

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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 […]

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why become a cma

Why Become a CMA: 5 Tangible Benefits for Your Accounting Career + Video

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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 […]

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CGMA vs CMA Designation: Which is Better for Your Career?

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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 […]

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How to Become an Accountant without an Accounting Degree

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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 […]

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What is CMA? Demystifying this Management Accountant Designation

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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 […]

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How to Apply CMA Exam Knowledge to Your Accounting Career

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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 […]

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cma vs cpa

CMA vs CPA: Which Qualification is Better?

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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 […]

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CMA after CPA: Worth the Effort for Another Designation?

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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 […]

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Is CMA Worth It for Your Career Growth? (Prepare for Surprise)

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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. […]

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