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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.
In 1961, the CMA merged with the California Osteopathic Association. [2] At the time, the CMA consisted of 40 medical societies, which were organized by county; after the merger, the COA became the 41st medical society. [3] In 1975, full CMA membership was offered to qualified osteopathic physicians (D.O.). [4]
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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]
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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.
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Management Accounting Guidelines [4] and Management Accounting Practices [5] were published by CMA Canada to specify the best practice on key topics in management accounting. They were available for download free of charge or on CD for a nominal charge to CMAs, and could be purchased by non-members. [6]