The acronym CMA stands for Certified Management Accountant. In brief, its professional certification for accounting and financial management, and it’s one of the most important certifications. To emphasize, if a person is certified with CMA then he can work for the financial analysis department, planning department, decisional support department, and professional ethics without a doubt. To point out the benefits, it helps to get into an organization such as service and manufacturing, private and public, academic institutions, banking. On the positive side, the Management Accounting opportunity is indeed for CMA.
Certified Management Accountant is known as CMA. It is one of the most vital certifications. If people have done CMA, they can work for the financial analysis department, planning section, decisional provision department, and professional morals. It assistances in getting into an organization such as service and manufacturing, in private and public.
Before 2010, the CMA examination was of four-part until now. But now the CMA exam is commenced into two 4 hrs parts. The material to the former four-part exam, is financial planning, analysis, control, and decision support.
In addition to successfully passing the exams, by all means, CMA candidates require to have undergraduate degrees. In order to certify experience is mandatory. And to be an active member of CMA it’s most important to have 30 hrs of CPE credits, including 2 hrs of ethics and also IMA membership.
Certified management account (CMA) is an accounting designation that signifies expertise in financial accounting and strategic management. The professionals who obtain this designation are colloquially known as “CMAS” and are empowered to fulfill a variety of roles, ranging from financial controller to chief financial officer (CFO).
After completing the CMA course, you can become a Finance Manager, Financial Analyst, Financial Risk Manager, Cost Accountant, Financial Controller, Chief Financial Officer, and many more. Institute of Management Accountants (USA), Institute of Certified Management Accountants (Australia); and Certified Management Accountants of Canada are the main bodies providing CMA certification.
The candidates who clear the Certified Management Accountant (CMA) exam on the first attempt can accept a starting salary of Rs 7 lakh per annum and later on it increases to Rs 20 lakh per annum. The candidate should acquire a Bachelors’s Degree to become CMA.
| Term | Full Form |
| CMA | Certified Management Accountant |
FAQ’s
In brief, its professional certification for accounting and financial management, and it’s one of the most important certifications.
CMA is short form of Certified Management Accountant
Certified Management Accountant is full form of CMA.
People May Also Check
| DCA Full Form | DCB Full Form |
| DLC Full Form | DLF Full Form |
| DP Full Form | DPT Full Form |
| ECG Full Form | ECGC Full Form |
| EMG Full Form | EMI Full Form |