{"id":267595,"date":"2025-01-27T10:18:33","date_gmt":"2025-01-27T10:18:33","guid":{"rendered":"https:\/\/imarticus.org\/blog\/?p=267595"},"modified":"2025-02-27T13:16:20","modified_gmt":"2025-02-27T13:16:20","slug":"5-most-in-demand-certifications-for-global-accounting-jobs","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/5-most-in-demand-certifications-for-global-accounting-jobs\/","title":{"rendered":"5 Most In-Demand Certifications for Global Accounting Jobs"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Walking into an interview and starting things right, not because of your tie or how confident you are, but because your resume screams credibility. That is the power of globally recognised certifications. Whether in finance, accounting, or management, it&#8217;s the right credentials that may take you places.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But in any of these cases, it is ACCA or CMA which usually pops up in any discussion when we talk about a career in accounting. Well, that&#8217;s just the tip of the iceberg. Let&#8217;s dive into the five most in-demand career options, the ones that will become your golden ticket to a thriving global career.<\/span><\/p>\n<h2><b>Why are certifications so important for a global career?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The job market is competitive, and cutthroat, and it is pretty obvious. Today, employers do not look at experience alone but for proof of that experience. That&#8217;s when certifications come into play. They will validate your expertise, making you more attractive to a global opportunity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here&#8217;s why certifications are the game-changer:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Global Acceptance<\/b><span style=\"font-weight: 400;\">: Certifications such as ACCA and CFA have worldwide acceptance. You can go anywhere in the world and still work.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Higher Salary<\/b><span style=\"font-weight: 400;\">: Let&#8217;s face it\u2014money matters. Globally certified professionals make a lot of money.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Updated skills<\/b><span style=\"font-weight: 400;\">: These courses will not leave you in the dark with outdated knowledge but you will stay up to date of what is required in the current fields.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Networking opportunities<\/b><span style=\"font-weight: 400;\">: Joining a global community of professionals provides you with opportunities that you did not even know existed.<\/span><\/li>\n<\/ul>\n<h2><b>CMA or ACCA: Which Qualification Suits Your Career?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The deciding question if the choice is between ACCA or CMA is, &#8220;Where do you see yourself?.<\/span><\/p>\n<p><b>ACCA<\/b><span style=\"font-weight: 400;\">: Think of ACCA as your go-to if you\u2019re into taxes, and financial reporting. It\u2019s a fantastic choice if global recognition is what you\u2019re after.<\/span><\/p>\n<p><b>CMA<\/b><span style=\"font-weight: 400;\">: Prefer decision-making and strategy? CMA is your passport to management accounting and corporate roles.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Both are highly respected, but the choice boils down to your career aspirations.<\/span><\/p>\n<h3><b>1. Association of Chartered Certified Accountants (ACCA)<\/b><\/h3>\n<h3><b>What is ACCA Course?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">ACCA is like the Rolls-Royce of accounting qualifications-classy, very well recognised internationally-and absolutely priceless. The acceptance of ACCA certification is in 180 countries around the world and it has now become the preferred choice among many finance professionals working abroad.<\/span><\/p>\n<p><b>Key Characteristics of ACCA<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Comprehensive Curriculum<\/b><span style=\"font-weight: 400;\">: This curriculum is spread over three levels, that comprise 13 exams, categorized under knowledge, skills, and professional.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Global Acceptance<\/b><span style=\"font-weight: 400;\">: It is accepted by over 7,600 leading organisations like Deloitte, EY.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Job Security<\/b><span style=\"font-weight: 400;\">: Offers a 100% job guarantee with some prep providers.<\/span><\/li>\n<\/ul>\n<p><b>Job Prospects<\/b><\/p>\n<p><span style=\"font-weight: 400;\">ACCA professionals are sought after for financial reporting, and taxation jobs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fact: Over 90% of ACCA professionals get a job within six months of qualification.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more at<\/span> <a href=\"https:\/\/imarticus.org\/association-of-chartered-certified-accountants-uk\/\"><span style=\"font-weight: 400;\">ACCA Course<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><b>2. Certified Management Accountant (CMA)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">What is CMA?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The CMA (Certified Management Accountant) is the strategist\u2019s certification. Offered by the Institute of Management Accountants (IMA), it\u2019s tailored for professionals who love numbers but also want to influence decisions and strategies.<\/span><\/p>\n<p><b>Key Features of CMA Course<\/b><\/p>\n<p><b>Dual Focus<\/b><span style=\"font-weight: 400;\">: Covers Financial Planning and Strategic Financial Management in two parts.<\/span><\/p>\n<p><b>Quick Turnaround<\/b><span style=\"font-weight: 400;\">: Complete it in just 6-8 months if you\u2019re consistent and you prepare effectively.<\/span><\/p>\n<p><b>Career Benefits<\/b><\/p>\n<p><span style=\"font-weight: 400;\">CMAs shine in roles like financial planning, analysis, and corporate strategy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Statistic: CMAs earn 30-50% more than the non-certified peers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more at <a href=\"https:\/\/imarticus.org\/certified-management-accountant\/\">CMA Course<\/a><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><b>3. Certified Public Accountant (CPA)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">What is a CPA?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Imagine CPAs as the guardian of your integrity in finance. US-based, the certification focuses more on compliances, and taxes<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key Features of CPA Course<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A bachelor&#8217;s degree and 150 credit hours are required<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">International Acceptability: Even if US-based, it finds international acceptance in international multinationals across the world<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Benefits of Career<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CPAs are the gold standard when it comes to issues of financial transparency and compliance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Statistic: CPAs earn approximately $1 million more compared to their peers throughout their lifetime.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more at <a href=\"https:\/\/imarticus.org\/certified-public-accountant\/\">CPA Course<\/a><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><b>4. Chartered Financial Analyst<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">What is CFA?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So if investment banking, portfolio management or equity research happen to be a dream idea of yours, well, the CFA is just your golden ticket.<\/span><\/p>\n<p><b>Key features of CFA<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Three levels<\/b><span style=\"font-weight: 400;\">: It takes in areas that include ethics, financial analysis and investment strategy,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Global Prestige<\/b><span style=\"font-weight: 400;\">: The Designation is given recognition by top financial institutions from around the globe,\u00a0<\/span><\/li>\n<\/ul>\n<p><b>Advantages of Careers\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">CFA Charter holders are hugely in demand amongst hedge funds and asset management to investment banking careers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Statistic: More than 31,000 firms recruit CFA charter holders across the globe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more at<\/span> <a href=\"https:\/\/imarticus.org\/chartered-financial-analyst-certification-program\/\"><span style=\"font-weight: 400;\">CFA Course<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><b>5. Financial Risk Manager (FRM)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">What is FRM?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRM stands for the Certificate issued by Global Association of Risk Professionals (GARP). It is a professional certification that makes a person more expert in his or her own field of Risk Management.<\/span><\/p>\n<p><b>Major Features of FRM<\/b><\/p>\n<p><span style=\"font-weight: 400;\">It is a Two-Part Examination, which revolves around risk identification and risk elimination.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">High-in-Demand Knowledge: It would be best utilized in banking sector, regulatory issues, and other risk analysis types.<\/span><\/p>\n<p><b>Career Benefits<\/b><\/p>\n<p><span style=\"font-weight: 400;\">FRM is highly in demand in handling risks and expertise in the finance domain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Statistics: More than 70,000 professionals are certified under FRM.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Certification<\/b><\/td>\n<td><b>Full Form<\/b><\/td>\n<td><b>Focus Area<\/b><\/td>\n<td><b>Key Features<\/b><\/td>\n<td><b>Career Benefits<\/b><\/td>\n<td><b>Global Recognition<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">ACCA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Association of Chartered Certified Accountants<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Taxation, Financial Reporting<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13 exams (Knowledge, Skills, Professional); Accepted in 180 countries; 100% job guarantee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Sought after in financial reporting, and taxation<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High (7,600+ organisations)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">CMA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Certified Management Accountant<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Management Accounting, Corporate Strategy<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Dual focus (Financial Planning, Strategic Management); Complete in 6-8 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High salary (30-50% more than peers); Corporate strategy roles<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High (Offered by IMA)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">CPA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Certified Public Accountant<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u00a0Taxation, Compliance<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Bachelor\u2019s degree + 150 credit hours; US-based but globally accepted<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Highly regarded in financial transparency and compliance<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Medium (US-based but multinational)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">CFA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Chartered Financial Analyst<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Investment Banking, Portfolio Management<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3 levels covering ethics, financial analysis, and investment strategies<\/span><\/td>\n<td><span style=\"font-weight: 400;\">In demand in hedge funds, asset management, and investment banking<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Very High (31,000+ firms)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">FRM<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Financial Risk Manager<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Risk Management<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2-part exam; Focuses on risk identification and elimination<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High demand in banking, regulatory, and financial risk roles<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Medium (Specialised)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>External Link:<\/b><span style=\"font-weight: 400;\"> Learn more at<\/span><a href=\"https:\/\/www.garp.org\"> <span style=\"font-weight: 400;\">GARP<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><b>Frequently Asked Questions<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">ACCA or CMA which is better?<\/span><\/p>\n<h3><b>1. What is ACCA and to whom?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">ACCA is suitable for professionals who want to gain expertise in taxation, and financial reporting.<\/span><\/p>\n<h3><b>2. How long does it take to complete CMA?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">You can finish CMA in 6-8 months with effective study planning.<\/span><\/p>\n<h3><b>3. Which is good for global mobility: ACCA or CMA?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">ACCA has greater acceptance in 180 countries, hence is more desirable for international opportunities.<\/span><\/p>\n<h3><b>4. Are the professionals certified under CPA allowed to practice outside the US?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, CPAs are well regarded in the multinational companies.<\/span><\/p>\n<h3><b>5. What is the fee to get the ACCA qualification?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The fee usually varies between \u00a32,000-\u00a33,000 excluding study material.<\/span><\/p>\n<h3><b>6. How is CFA compared with other qualifications?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">CFA is investment management-based and is most sought after for hedge fund jobs or portfolio analysis.<\/span><\/p>\n<h3><b>7. Why do banking professionals best fit FRM?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">FRM is indispensable to identify and deal with financial risk in banking.<\/span><\/p>\n<h3><b>8. Does CMA earn more than ACCA?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, on an average, CMA&#8217;s is 30-50% in leadership positions and more.<\/span><\/p>\n<h3><b>9. What is the investment banking best option?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">CFA is the initial choice for the investment banking and financial analysis.<\/span><\/p>\n<h3><b>10. Can I undertake PMP while doing ACCA or CMA?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Of course. PMP will be improving your skill in the management of project with finance certification.<\/span><\/p>\n<h3><b>Conclusion: Which Certification is Right for You?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The difference between two of them depends on what you want<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key Takeaways:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ACCA will get you on the way of international career of financial reporting<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CMA makes a person prepared and ready for strategic corporate finance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FRM is the top ranking certificate for risk management<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">CTA: Start today<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Own your career. Learn more about ACCA, CMA, and FRM courses here and unlock global opportunities.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Is ACCA worth it in 2025? Scope, Salary and Eligibility\" src=\"https:\/\/www.youtube.com\/embed\/ghspnPVdEQU\" width=\"853\" height=\"480\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walking into an interview and starting things right, not because of your tie or how confident you are, but because your resume screams credibility. That is the power of globally recognised certifications. Whether in finance, accounting, or management, it&#8217;s the right credentials that may take you places. But in any of these cases, it is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":267600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_mo_disable_npp":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-267595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"acf":[],"aioseo_notices":[],"modified_by":"Imarticus Learning","_links":{"self":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/267595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/comments?post=267595"}],"version-history":[{"count":3,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/267595\/revisions"}],"predecessor-version":[{"id":267875,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/267595\/revisions\/267875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/media\/267600"}],"wp:attachment":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/media?parent=267595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/categories?post=267595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/tags?post=267595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}