What is the CMA certification?
                     What is the 
CMA 
certification?
Finominal Education
INTRODUCTION
As far as accounting diplomas go, the Certified Public Accountant (CPA) 
certification often gets more recall than the Certified Management 
Accountant (CMA) certification.
Having said that, the (CMA) certification is on the rise internationally and 
focuses on the corporate accounting skills required to compete in today’s 
rapidly evolving business landscape. As data analytics becomes a critical 
requirement for long-term success, employers are increasingly thinking of 
certified management accounting for current forecasting and data-driven 
decision-making that sets the stage for future gain.
What does CMA stand for?
First, of all what's a CMA? And, what does CMA stand for? The (CMA) certification is a professional 
diploma offered through the Institute of Management Accountants (IMA) that demonstrates knowledge in 
management accounting and corporate finance.
Earning a CPA is a demand for moving up in a public accounting firm and a condition for many corporate 
accounting positions. The CPA is approved to practice public accounting, whereas once earning the CMA, 
an accountant accompanies expertise in corporate finance and business management. While CPAs focus 
firstly on activities like taxes, auditing, and compliance, CMAs take on more of an advising role.
Employers often look for candidates with leadership and planned decision-making skills when recruiting 
for high-level positions. CMAs are more and more valuable to employers facing a growing shortage of 
commercial finance experts who can pull applicable perceptions from large data sets and use that 
information to enhance prediction and inform future business strategies.
The CMA diploma demonstrates versatility due to its dual focus on accounting and finance. As such, 
approved professionals are qualified for a variety of roles, making them appealing to prospective 
employers.
What do CMAs do?
The certified management accountant's primary role is to use their finance and 
accountability, along with their performance management, strategic planning, 
and decision-making skills to inform business strategy.
CMAs can work in a broad range of industries, including corporate finance or 
accounting firms, as well as government agencies, large corporations, or 
educational institutions, and can have roles such as accounting managers, 
financial analysts, controllers, and several other executive positions.
Who should consider 
the CMA 
certification?
Anyways your goal is to lock down that big promotion or go 
after a new career path, earning your CMA certification can help 
you proceed with your career in management accounting. Keep 
in mind that this diploma is most useful for those interested in 
going after strategic CMA management roles or beginning on an 
executive career path. If you’re more interested in a 
conventional career in public accounting, the CPA is the better 
bet.
Here are some examples of groups that While a CMA certification isn't a need for 
may find the CMA certification most entry-level positions, it can be a great 
valuable: way to prove yourself to your employer 
early on. Early career roles for CMA 
Entry-level accounting professionals. Though you'll candidates comprise general accountant, 
need 2 years of work experience before you’re 
worthy of CMA certification, that experience can financial management associate, or 
start with an internship or entry-level role in analyst.
•
accounting or finance. For recent graduates Employed professionals ready to advance their 
careers. Accepted professionals looking to improve 
interested in becoming management accountants, their job hope may also want to consider the CMA. 
advisors or executives, taking the CMA Exam before For example, uncertified finance or accounting 
entering the workforce can be a great way to professionals, as well as those with CPAs or other 
compress the path to CMA certification. certifications, may pursue the CMA diploma to 
advance to the next level in their career.
While many accounting and finance professionals already have experience controlling 
portfolios or financials for a company or account, the CMA is an effective way to transition 
from being a separate contributor to a big-picture strategist.
• corporate accounting and finance are interested in professionals. Large corporations employ a huge share 
of CMAs, as their limited knowledge and expert advice are extremely valuable to organizations with 
compound business operations. The CMA diploma unlocks several opportunities within the commercial 
landscape, from financial advisor to cost accountant to controller or CFO.
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