Certified Management Accountant

The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.

The United States–based Institute of Management Accountants USA is one of the two global bodies that offers the CMA Certification.

[2] CMA (USA)-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.

In addition to successfully passing the exams, CMA candidates must fulfill education and experience requirements in order to be certified:[5] 1.

They are much more interested in forward looking and taking decisions that will affect the future of the organization, than in the historical recording and compliance (scorekeeping) aspects of the profession.

ICMA (Australia) is committed to scholarship and quality education at the lowest possible cost to its students.

Those holding a non-accounting/finance degree or professional qualification need to undertake a Graduate Conversion program (Stage 4) prior to undertaking the CMA program Students who have obtained a non-accounting degree, or are full members of recognized professional non-accounting bodies (e.g., Chartered Institute of Marketing) would have satisfied the broad educational objectives to enrol in the Graduate Conversion programme -which is to complete Stage 4 of the GMA programme prior to undertaking the CMA program.

The CMA Preparatory Program is only open to those with a university degree in accounting or finance; or an MBA, or a recognised professional qualification in accounting/finance.

In addition to passing the two subjects, one needs to have 5-years of business experience to qualify as a Certified Management Accountant (CMA).