Certified Management Accountant


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Certified Management Accountant

An accountant who specializes in the study of how managers use accounting and/or financial information in current or future business decisions. Management accountants use both qualitative and quantitative information in their work. Unlike other accountants, they primarily report to the internal management of a company, rather than to an external body like shareholders or tax collection agencies. In order to become a certified management accountant, one must pass a series of tests sponsored by the Institute of Management Accountants. These tests examine one's knowledge in four subjects: business analysis, management accounting and reporting, strategic management, and business applications.
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In response, should IMA increase the effort behind creating a pull, or should members exert greater push to influence the companies that they work for to support the Certified Management Accountant designation and program?
Sharman is a Certified Management Accountant (CMA) from the British Chartered Institute of Management Accountants (CIMA).
IMA provides best-in-class certification, the Certified Management Accountant (CMA([R])), for critical internal financial management responsibilities, including planning, budgeting, business reporting, decision analysis, and risk management.
Sievers holds an accounting degree from Lehigh University and is a certified management accountant.
Professionals holding the Certified Management Accountant (CMA([R])) certification reported earning 22 percent more in average salary ($106,713 versus $87,165) and 25 percent more in average total annual compensation ($124,346 versus $99,441) than their noncertified counterparts, according to the Institute of Management Accountants (IMA([R])) 21st Annual Salary Survey.
He is a certified public accountant and a certified management accountant and is a member of the American, Illinois and Pennsylvania Institutes of Certified Public Accountants, the Financial Executives Institute, and the American Production and Inventory Control Society.
The Institute of Certified Management Accountants (ICMA([R])), the certification division of the Institute of Management Accountants (IMA([R])), today announced a significant reorganization of its renowned Certified Management Accountant (CMA([R])) curriculum and examination format.
Obtaining a certification, including the Certified Management Accountant (CMA([R])) designation, provides internal accounting professionals with the essential tools they need to be successful and properly compensated.

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