What is the CMA certificate?
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.
Is CMA better than ACCA?
The scope of topics covered in ACCA is broader, which gives you access to diverse roles in accounting, taxation, and auditing. However, the CMA route may suit you better if you wish to gain more specialized knowledge in risk management, strategic decision-making, and financial analysis.
Is CMA recognized in Singapore?
CMAs in Singapore are qualified via the education and training programme accredited by the International Management Accounting Collaborative and delivered by the Institute of Certified Management Accountants (Australia & New Zealand).
What is the difference between a CMA and a CPA?
CPA Vs CMA: Which Is Better For Your Career - ZELL Education
CMA (Certified Management Accountant) and CPA (Certified Public Accountant) are both accounting certifications, but they have different focuses. CMAs primarily work in management accounting and financial planning within organizations, while CPAs work in public accounting, handling taxes, audits, and financial reporting for various clients. While both can lead to strong careers in finance and accounting, the specific path and opportunities differ.
How long does it take to finish CMA?
Not including the education and professional experience requirements, passing both parts of the CMA Exam typically takes around 12 to 18 months. However, from the time you register for the Exam, you have three years to earn your CMA certification, or else you will have to re-register and pay the fee again.
What is a CMA qualified to do?
The certified management accountant (CMA) certification signals advanced abilities in financial accounting, enterprise finance, and strategic planning. Professionals with CMA credentials typically occupy senior or management-level roles in corporate accounting or finance departments.
Is CMA internationally recognized?
Yes. The CMA certification is internationally recognized and is currently the fasted growing global certification. There are more than 40,000 active CMAs and over 80,000 CMA candidates.