CMA is an abbreviation for Certified Management Accountant. The CMA credential is granted by the Institute of Management Accountants (IMA) to candidates who successfully complete a rigorous two-part exam.
The CMA exam covers topics in financial reporting, planning, performance management, cost management, and internal controls. To be eligible to sit for the exam, candidates must have a bachelor’s degree and at least two years of professional experience in management accounting or financial management.
The CMA designation is one of the most respected credentials in the accounting profession and is widely recognized by employers around the world. CMAs are often employed in senior positions such as chief financial officers, controllers, and treasurers.
If you are interested in pursuing a career in management accounting, the CMA designation is an excellent way to demonstrate your commitment to the profession and to stand out from the competition. Earning your CMA can open doors to new opportunities and higher salaries.
