Certified Management Accountant (CMA)
Institute of Management Accountants
Earning your CMA validates your mastery of a comprehensive body of knowledge in accounting and financial management.
Duration
Not specified
Credits
Not specified
Cost
Not specified
Format
Online
What You'll Learn
AI-generatedKey competencies developed through this program
- KnowledgeEvaluate internal controls and risk management frameworks using professional standards and regulatory requirements.Proficient
- KnowledgeEvaluate investment decisions and capital budgeting proposals using quantitative analysis and financial modeling techniques.Proficient
- MindsetIntegrate ethical standards and professional conduct when managing financial information and stakeholder relationships.Proficient
- KnowledgeApply financial planning and analysis techniques to support organizational decision-making in business environments.Developing
- KnowledgeAnalyze cost behavior and management accounting data to inform pricing, budgeting, and resource allocation decisions.Developing
- KnowledgeApply performance measurement and reporting systems to assess organizational and departmental effectiveness.Developing
- KnowledgeInterpret financial statements and variance analyses to provide actionable insights for management.Developing
- KnowledgeApply strategic planning and forecasting methodologies to support long-term organizational goals and objectives.Developing
- KnowledgeApply corporate finance principles to optimize capital structure and working capital management.Developing
- KnowledgeAnalyze external business environment factors to assess their impact on financial performance and strategic positioning.Developing
Skills developed through this program
- Prepare and analyze financial statements including balance sheet, income statement, statement of changes in equity, and statement of cash flows
- Apply recognition, measurement, and valuation principles to assets, liabilities, equity, and revenue in compliance with GAAP and IFRS
- Develop strategic plans using planning tools and techniques to support organizational goals and objectives
- Prepare and manage budgets using various budget methodologies to support organizational planning and performance
- Apply forecasting techniques including regression analysis and expected value to support business planning
- Prepare annual profit plans and supporting schedules including sales, production, and cash budgets
Occupations this program prepares you for
Detailed information about this program
Eligibility Criteria To be eligible for CMA certification, you must fulfill all of the following requirements: • Active membership in IMA • Active CMA entrance fee • Satisfy the education qualification • Satisfy the experience qualification • Complete all required examination parts • Comply with the IMA Statement of Ethical Professional Practice EducationQualification To become a certified CMA, candidates must satisfy one of the following education requirements and submit verification of education to ICMA within seven years of completing the CMA examination. Bachelor’s degree from an accredited college or university. • A partial listing of accredited international and U.S. institutions is available at: http://univ.cc/world.php. • Degrees that are not accredited must be evaluated by an independent agency. A listing of these agencies can be found at www.aice-eval.org or www.naces.org/members.php. • If you cannot locate your college or university on the accredited listing, please contact us at CMAEducationdocuments@imanet.org. • Verification: All transcripts should be emailed directly from your college or university to the email address below. Professional certifications • A listing of approved certifications can be found here. • Verification: An official letter from an approved certifying organization confirming you are a qualified member should be emailed directly from the certifying organization to the email address below. Experience Qualification Candidates for the CMA certification must complete two continuous years of professional experience in management accounting and/or financial management. This requirement may be completed prior to or within seven years of passing the examination. Teaching qualifies as related professional experience when it is full-time and at least 60% of the course load taught is accounting or finance above the introductory level over a two-year period. Professional experience is expected to be gained in full-time employment. However, continuous part-time positions of 20 hours per week meeting the definition of qualified experience will count toward this requirement at a rate of one year of experience for every two years of part-time employment.
What you need to earn this credential
No requirements listed.
Eligible funding programs
No funding information available.
Scholarships
No scholarships listed.