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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.
You must first pay the exam entrance fee The CMA exam has two parts: Part 1 focuses on financial planning, performance, and analytics; Part 2 covers strategic financial management.
Accounting graduates can do CMA accredited units at these universities to qualify for CMA status. The ICMA also has a number of Recognised Provider Institutions (RPIs) [21] that run the CMA program in Australia and overseas. The CMA program is also available online [22] in regions where the face-to-face delivery of the program is not possible.
2015: IMA announced partnership with Wiley and Miles Education to offer CMA courses in India [8] 2018: IMA hits 100,000th member mark [9] 2019: IMA released a book title 100 years and counting - a history of institute of management accountants [10] 2020: IMA released two reports on revenue management and profitability analytics during COVID-19 [11]
CIMA operates a standard scheme of qualifying examinations for prospective members. It promotes local education, training and management development operations, and new techniques through its research foundation and the dissemination of management accounting practices through publications and other media related activities.
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1926 - Introduction of Cost and Management, the predecessor of CMA Magazine 1930 - Name changed to The Canadian Society of Cost Accountants and Industrial Engineers 1941 - Formation of provincial societies in Ontario and Quebec, with the power to grant the newly established professional designation of Registered Industrial Accountant ("RIA")
A Cost and Management Accountant (CMA) in India plays a pivotal role in the financial and operational management of organizations. CMAs are experts in cost accounting , financial planning , and strategic management , providing critical insights that help businesses optimize their resources, enhance profitability, and ensure sustainable growth ...