CERTIFIED MANAGEMENT ACCOUNTANT

CMA (US) OVERVIEW

The CMA is the globally recognized, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – skills that are in demand by organizations around the world.

CMA (Certified Management Accountant) qualification is provided by IMA, US (Institute of Management Accountants), one of the professional accounting bodies of USA

The CMA (Certified Management Accountant) is an advanced professional management accounting certification specifically designed to measure the accounting and financial management skills that drive business performance. It awards the most coveted and prestigious Qualified Management Accountant designation recognized across the globe.

Whether you want to enhance the value you bring to your current position, or expand your career potential, the CMA will help you set the standard for professional excellence.

The role of a CMA is important assets in all types of organizations. They analyze operating results, review performance, audit operations, and resolve issues that enhance the strategic objectives of the organization. CMAs appreciate the business approach for managing customer value, formulating strategies, and valuing equity. CMAs are value creators, not just merely accountants who adhere to compliance to the profession.

ELIGIBILITY REQUIREMENTS

The CMA program lets you proceed at your own pace. You can earn a CMA in just 9 months or over the course of three years. Busy professionals will find the CMA program to be a time-efficient and cost-effective investment. Criteria to pursue CMA (US)

1) Bachelors Degree in any area, from accredited university/colleges.

2) Minimum 2 years of professional work experience in Management Accounting or Financial Management. This requirement may be completed prior to or within seven years of passing the examination.

3) Persuing any Bachelors Degree can able to do CMA. After qualifying Bachelors Degree you need to provide your educational qualifications to IMA

CMA EXAMINATIONS

CMA Exam can be written in the following 3 windows – January-February / May- June and September – October. Students can chose any PART For writing the Exams

CMA exams are conducted ONLINE through Pro metric Examination Centers located across the world, including India. Check here for Promatric Examination Centreshttps://www.prometric.com/en-us/clients/icma/Pages/landing.aspx

CMA SYALLABUS

PART 1 (FINANCIAL PLANNING, PERFORMANCE AND CONTROL

4 hours - 100 multiple choice questions and two 30-minute essay questions Essentials

External Financial Reporting Decisions
Planning, Budgeting and Forecasting
Performance Management
Cost Management
Internal Controls

PART 2 FINANCIAL DECISION MAKING

4 hours - 100 multiple-choice questions and two 30-minute essay questions Essentials

Financial Statement Analysis
Corporate Finance
Decision Analysis
Risk Management
Investment Decisions
Professional Ethics

Exemptions

Qualified CMA (USA) get exemptions of:

Full exemption of IPA (Australia)
Full exemption of IFA (UK)
Full exemption of CIPFA (UK)
Full exemption of ICWAI
50% exemption of ICMA (PAK)
Full exemption of FIA
3 papers of ACCA(UK)
6 papers of CIMA(UK)

COURSE DURATION

Student can achieve this qualification within 6-9 months. However, IMA will allow you 3 years to complete the 2-parts CMA program