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A Certified Management Accountant, or CMA for short, is a unique professional credential. Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics. The CMA is a U.S.-based, globally recognized certification offered by the Institute of Management Accountants.
CMA-certified professionals work inside organizations of all sizes, industries, and types, including manufacturing and services, public and private enterprises, not-for-profit organizations, academic institutions, Government entities (USA), and multinational corporations worldwide. CMA has a better Career in Management Accounting Globally than Cost Accountants of SAARC Countries.
To date, more than 70,000 CMAs have been certified in more than 140 countries. To obtain certification, candidates must pass a rigorous exam, meet an educational requirement, experience requirements, and demonstrate a commitment to continuous learning through continuing professional education (CPE).
CMAs are masters of the critical accounting and financial management skills. I found out about the CMA while looking for a credential that could help me move up the corporate ladder without having to go through the CPA route. It was really the CMA subject matter that appealed to me because I knew I’d be a strategic thinker rather than just a number cruncher.
One major difference between CPA and CMA certified accountants is that CMAs don’t just know the ‘what’ behind the numbers. CMAs understand the ‘why’ when it comes to accounting and finance.
CMAs exhibit mastery in financial planning, analysis, control, decision support, and professional ethics.
CMA candidates learn the skills that allow them to become successful strategic business partners and effective financial managers.
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