Certified management accountants – or CMAs – are individuals that apply their expertise in financial decision making, decision analysis, financial statement analysis, and strategic management within their respective organizations. A combination of work experience alongside either a Bachelor’s degree from an accredited college or a professional certification is necessary to acquire a cma certification.
Finally, joining the ranks of these financial professionals will require passing the CMA exam. This two-part exam, administered by the Institute of Certified Management Accountants – or IMA – includes questions that cover 11 competencies. These topics cover financial reporting decisions, financial planning, cost management, performance management, internal controls, and more.
Whether you’re a CPA or another financial professional looking to add experience to your resume, or looking for a career change, the CMA certification could be the best path for you!