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Maintaining the CMA designation exceeds passing the exam and meeting the experience criteria. You must fulfill the 30-hour annual Continuing Professional Education requirements.
IMA offers several categories, including professional, academic, and student memberships, each with different eligibility criteria and benefits. Payment: Submit the required membership fee. Fees ...
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.
The CMA is a well-recognized certification among employers. CMA has better Career in Management Accounting than institute of Cost Accountants in SAARC nations. In its latest salary survey, IMA finds the median income for CMAs is about 28% higher in the U.S. than for their peers without the designation. [14]
The CMA Preparatory Program was only open to those with a university degree in accounting; or a recognised professional qualification in accounting. In addition to passing the two subjects, one needed to have 5-years of business experience to qualify as a Certified Management Accountant (CMA). [14]
The bodies that have granted exemption to ICMAB members or qualified students are: Chartered Institute of Management Accountants (CIMA), UK [9] Association of Chartered Certified Accountants (ACCA), UK; Institute of Management Accountants (IMA), US; Society of Management Accountants of Canada (CMA Canada)
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Chartered accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854.The Edinburgh Society of Accountants (1854), the Glasgow Institute of Accountants and Actuaries (1854) and the Aberdeen Society of Accountants (1867) were each granted a royal charter almost from their inception. [1]