{"id":250570,"date":"2023-04-23T13:17:58","date_gmt":"2023-04-23T13:17:58","guid":{"rendered":"https:\/\/imarticus.org\/?p=250570"},"modified":"2023-07-19T12:30:41","modified_gmt":"2023-07-19T12:30:41","slug":"what-is-a-certified-management-accountant","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/what-is-a-certified-management-accountant\/","title":{"rendered":"What is a Certified Management Accountant"},"content":{"rendered":"

Are you attempting to advance your accounting career? Have you thought about earning your Certified Management Accountant (CMA) designation? This well-recognized certification can improve your knowledge and abilities in management accounting, financial planning, analysis, and decision-making.\u00a0<\/span><\/p>\n

In this blog, we will discuss what a <\/span>Certified Management Accountant <\/b>is, the advantages of becoming one, and how to obtain this esteemed qualification. Read on to see how a CMA may advance your career and make you stand out from your colleagues, whether a fresh graduate or an established professional.<\/span><\/p>\n

What is a Certified Management Accountant?<\/b><\/h2>\n

The accounting credential of a \"certified management accountant\" (CMA) denotes proficiency in both financial accounting and strategic management. The individuals who get this credential are called CMAs and are eligible for various positions, including chief financial officer (CFO) and financial controller.<\/span><\/p>\n

Certified Managerial Accountants<\/b> may work in a large range of businesses because of how diverse their skill set is. CMAs can specialize in various industries, including education, manufacturing, insurance, communication, and banking.\u00a0<\/span><\/p>\n

However, they often work for major companies or governments. Most businesses may profit from having someone examine the finances and make judgments based on the information.\u00a0<\/span><\/p>\n

Certified management accountants may further serve as consultants. CMAs may work with the Big Four accounting firms (Deloitte, KPMG, PwC, and EY) to advise businesses on cost accounting, mergers and acquisitions, and restructuring.\u00a0<\/span><\/p>\n

A CMA is qualified and knowledgeable to fill various accounting, finance, and business administration positions.\u00a0<\/span><\/p>\n

A CMA can often perform the following duties:<\/b><\/p>\n